36 bedroom block of flats for sale in London

£17,500,000
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Beds: 36
Baths: 34
Kenway Road, London SW5 See map

The Property
Introducing The Kenway – a remarkable investment opportunity, this property is a distinctive, unbroken, income-generating freehold with an impressive 48-meter frontage along Kenway Road. Strategically positioned in Prime Central London (“PCL”), it is conveniently located just 160 meters from Earl’s Court Underground Station, offering easy access to Travel Zone 1 via the Piccadilly and Circle & District lines.

The Kenway currently generates £932,560 in rental income, boasting a 5.27% yield and an Estimated Rental Value (ERV) of £997,300. The property spans a total of 23,652 sq ft, averaging £761 per sq ft.

The Residential Units
Thoughtfully refurbished, The Kenway offers a turnkey rental product with 20 residential units. Comprising 6 one-bedroom, 12 two-bedroom, and 2 three-bedroom configurations, the residences are nestled within the charming streets of Earl’s Court Village, providing a small-scale, characterful living experience.

The Commercial Units
Featuring 8 retail units, The Kenway presents an active frontage to the community. The shops contribute to the unique character of the area, creating a vibrant and diverse environment that complements the residential atmosphere.

The Location
Situated in one of London’s most prestigious boroughs, The Kenway’s location is a key highlight. Its immediate proximity to Earl’s Court Underground Station enhances accessibility, making it an attractive multi-let asset. Beyond its financial benefits, the location captures the enduring charm of Earl’s Court Village, maintaining a village-like ambiance amidst changes in the vicinity. This makes The Kenway not just an investment opportunity but a seamless integration into a community with a rich and timeless character.

Listed: October 7, 2024
Views: 91
ID: 59513155

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