Summary - FLAT 5, 5, PRINCE OF WALES TERRACE W8 5PG
15 bed 1 bath House
Rare freehold block of 15 one-bed flats in prime Kensington — major refurbishment potential.
Freehold Victorian terrace comprising 15 one-bedroom units
A substantial freehold Victorian terrace in central Kensington presented as a block of 15 one-bedroom apartments — a clear opportunity for an investor or developer seeking central-London rental stock or conversion potential. The building's period façade, high ceilings and large sash windows give strong scope for premium refurbishments and short-term holiday-let appeal close to museums and transport.
Location is a primary strength: High Street Kensington station, Kensington Gardens and major cultural attractions are within easy walking distance, and a very affluent catchment supports high rental demand and premium yields when refurbished. The property benefits from excellent mobile signal and a local population of highly educated, white-collar residents.
Material considerations are significant and should factor into budgeting. The block currently records just one bathroom across 15 units in the data provided, broadband speeds are very slow, council tax is described as quite expensive and the immediate area records very high crime — all of which will affect lettability, compliance works and insurance costs. There is no private garden and the plot is small, limiting expansion possibilities.
For a buyer prepared to invest in refurbishment, reconfiguration or repositioning, this freehold offers scale and location that are hard to replicate in Kensington. Practical next steps should include a detailed survey, checks on existing tenancies and licences, and consultation with planning and building-control specialists to determine permitted works and potential to increase service provision and amenity.
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