Stunning rare residential investment or break-up opportunity in prime Kensington

United Kingdom Sotheby’s International Realty are pleased to present this rare residential investment or break-up opportunity in prime Kensington.

Encompassing two stucco-fronted Victorian terraced houses comprising 14 apartments in Kensington, Lexham Gardens.Lexham Gardens comprises two cross converted white stucco fronted terraced houses, made up of 14 self-contained apartments. The apartments are arranged over garden, ground and five upper floors, totalling 11,238 sqft. Apartments 1-4 located on the ground and garden floor have been recently refurbished to a high standard, and the building benefits from a lift as well as a double width 80ft south facing garden, which is shared by duplex flats 3 and 4, in addition to their own private terraces. Subject to planning permission, flats 5 and 6 have the potential to add balconies to the rear. Two of the apartments are one bedroom Manhattan, ten are two bedroom and two are three bedroom.Investment opportunities consist of an ERV of £13,975 per week or £726,700 per annum in its current condition; with a fully modernised ERV of approximately £1,090,050 per annum.Somerset Court is located within the London Borough of Kensington and Chelsea and is situated in the affluent residential area of Kensington Village. Kensington is one of the capital’s most prestigious neighbourhoods and offers a slice of tranquility with a plethora of green spaces. The restaurant and shopping scenes in Kensington and the surrounding areas of Chelsea, Knightsbridge and Belgravia are synonymous with upmarket elegance. For an investment opportunity that is not to be missed out on, contact us today to arrange a viewing.

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