Summary - York House Place, Kensington, London W8 4EY
1 bed 1 bath Not Specified
Resident-only underground parking near Kensington High Street, ideal for commuters or investors.
Secure gated development with resident-only underground parking
Lift access to car park from the building
Numbered single parking space in modern facility
About 104 years remaining on the leasehold interest
Average service charge £1,410 per year
Ground rent £50 per year (small)
Area records very high crime; consider security implications
Low ceiling and sloped entrance; check vehicle clearance for larger cars
A secure, gated parking space in York House Place offers a convenient London asset close to Kensington High Street. Positioned within a resident-only underground car park with lift access, the space appeals to buyers seeking stress-free, central parking or a straightforward investment in a high-demand area.
The leasehold interest has about 104 years remaining and modest ongoing costs — an average service charge of £1,410 and a small ground rent of £50. The space is in a modern underground facility with standard ceiling height and numbered allocation, making management and rental straightforward.
Practical considerations are upfront: the area records very high crime levels, which may affect perceived security despite the gated entrance and lift access. The car park has a relatively low ceiling in parts and a sloped vehicle entrance; check vehicle clearance if purchasing for larger vehicles. Buyers should also factor in the service charge when assessing yield or running costs.
Well placed for residents and commuters, this space suits someone who needs guaranteed central parking or an investor targeting local lettings to Kensington households. It’s a compact, low-maintenance asset with clear running costs and straightforward ownership terms.
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