1149
Summary[1]Edit
| Location: | Location::Queen's Gate Place South Kensington SW7 |
| Asking price: | Asking price::£15,000,000 |
| Property type: | Property type::Flat |
| Bedrooms: | Bedrooms::5 |
| Size: | Size::NA |
| Tenure: | Tenure::Freehold |
Key features[1]Edit
- - Freehold Investment
- - The apartments are currently let on ASTs/Company Lets with a combined rental income of c. £350,000.
- - The five apartments provide a total net saleable floor area of c. 7,876 sq ft (c. 731.7 sq m).
Property description[1]Edit
Unbroken Freehold investment building comprising five apartments in South Kensington. Prominent double-fronted corner building over lower ground to fifth floors. Originally constructed in the 1880s, the building was comprehensively redeveloped in 2009, to include a new passenger lift providing direct access to each apartment. The property is not Listed but is in the Queensgate Conservation Area. The apartments are currently let on ASTs/Company Lets with a combined rental income of c. £350,000. Potential to reposition the asset and increase rental income back towards previous levels (£550,000 in 2011). Offers are invited for the Freehold Asset or for the SPV holding company (BVI registered). The property is not VAT elected. 3 Queen’s Gate Place is located in the heart of South Kensington, approximately 150 metres from Imperial College and near the Lycée Français. Hyde Park and Kensington Gardens are within 0.5 miles (0.8km) of the property, with Knightsbridge a short walk away. South Kensington and Gloucester Road tube stations are a 5 minute walk away.
Floor plan[1]Edit
[[File:39638_P127795_FLP_00_0000_max_296x197.jpeg File:39638_P127795_FLP_01_0000_max_296x197.jpeg]]
ActionsEdit
To invest, call +44(0)20 3910 6620.
To learn more, call +44(0)20 3910 6620.