Name: Student Accommodation Building for Sale in Kensington & Chelsea
Brand: Luxury Property
SKU: LP09868
Price: 26250000 GBP
Availability: InStock

Listing Agent

Sean Magann

Private Client Advisor

Sean is an expert when it comes to commercial real estate, bolstered by a wealth of experience...
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Key Information

Location

Kensington and Chelsea, United kingdom

Ref. No.

LP09868

Description

Freehold Student Accommodation Investment opportunity Located in the Royal Borough of Kensington and Chelsea these three Freehold Georgian Townhouses are interlinked to provide for 52 Student Bedrooms arranged over 5 floors.

Single let to a well established educational firm the lease expires on the 31st December 2030 and is subject to five year rental increase to RPI capped at 20%.

Potential for future change of use to residential subject to PP with indicative values in the region of GBP 3000 per sq ft equating to a GDV of GBP 63.5m

Net Initial Yield 2.75%

*Featured image is for illustrative purpsoes only.