Chain-free, fully tenanted nine-flat block in Kensington & Chelsea with immediate income..
Freehold mid-terraced block of nine apartments (total circa 3,298 sqft)
This freehold mid-terraced block on Elsham Road offers a ready-made London income stream in the Royal Borough of Kensington & Chelsea. Comprising nine apartments across circa 3,298 sqft — a mix of one 2-bed garden flat, three 1-bed flats and four studios — the building is fully tenanted and sold chain free, delivering approx. £160,000 pa (about a 5% current yield).
All flats were recently refurbished to a high standard, so immediate landlord work is limited and units are habitable now. The property sits on a quiet, tree-lined street between Brook Green and Holland Park, within walking distance of Shepherd's Bush and Kensington Olympia stations, Westfield and Kensington High Street — locations that support rental demand and reversionary upside.
Buyers should note material considerations: the area records above-average crime levels and the building’s solid-brick construction likely lacks cavity insulation, which could affect long-term energy upgrading costs. While current rents are stable, there is scope to increase income over time subject to market conditions and any permitted refurbishment.
For investors seeking a central London freehold block with immediate cashflow and future rental uplift potential, this asset presents a straightforward, let-ready portfolio in a highly sought-after neighbourhood.
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