Fully let freehold asset with clear rental upside in South Kensington.
Fully let freehold block: 21 units (19 studios, 2 x 2‑bed) producing £401,179 pa
Estimated rental value £483,300 pa — clear reversionary upside
Prime SW7 location; Gloucester Road tube within a five‑minute walk
Total area approximately 5,176 SqFt NSA across six storeys
Small 0.05 acre plot — limited scope for footprint expansion
Property recorded as having one bathroom — potential material constraint
Currently underlet; refurbishment and lease resets likely needed
Offers invited in excess of £6,500,000
This six‑storey Victorian block in SW7 offers a straightforward freehold investment in prime West London. Arranged as 19 studios and two two‑bed flats, the building is fully let and produces a current rental income of £401,179 per annum, with an estimated rental value (ERV) of £483,300 — leaving clear upside for an active owner.
The asset benefits from a central South Kensington location, a short walk to Gloucester Road station and an affluent, largely professional catchment. The property’s period red‑brick façade, high ceilings and traditional proportions provide character that appeals to lettings in this postcode and supports ongoing demand from students, professionals and short‑term occupiers.
Ownership is freehold and the building sits on a small 0.05‑acre site with 5,176 sq ft NSA across six floors. The block is currently underlet, presenting operational and rent‑reversion opportunities for a buyer prepared to invest in targeted refurbishment, management optimisation and lease re‑structuring to move income towards ERV.
Buyers should note practical considerations: the listing records only one bathroom across the property and the compact plot limits extension potential. Net income uplift will depend on refurbishment spend, planner and tenant processes. Offers are sought in excess of £6,500,000 for a ready‑held income stream with reversionary potential.
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