Overview


Price

£6,155,000

Date Sourced

January 2023

The Client

Our overseas client was looking to diversify his wealth and acquire a residential property investment in prime Central London.

Key stats

  • - The property was sourced off-market and after lengthy negotiations, we were able to negotiate an impressive 12.07% discount from the asking price for our client.

Ashburn Place

South Kensington, SW7

The Challenge

Our overseas client was looking to diversify his wealth and acquire a residential property investment in prime Central London. As a first time investor into the London property market he was open to being led and guided by us with his main objectives being long term capital appreciation combined with a location that has high rental demand. Our client has an exceptionally busy work and travel schedule and this combined with being unfamiliar with the intricacies of the London buy to let market meant engaging the services of a buying agent made perfect sense.

 

The Perfect Conclusion

We focused our search on prime areas of London that we know have strong demand from a wide variety of tenants. South Kensington is arguably the most resilient and robust part of the lettings market, with demand coming from a mixture of corporate tenants and students studying at nearby Imperial College. A strategy we are big advocates of for our investor clients is acquiring an entire freehold building, consisting of 6 or more apartments. This gives complete control over the running costs of the building and also qualifies as a commercial property investment, thereby saving on stamp duty costs.

After an extensive search we successfully identified a period freehold building consisting of seven flats, all fully let and income producing in a prime address in South Kensington. All of the flats benefit from period features and private outside space (terrace or garden access).

The property was sourced off-market and after lengthy negotiations, we were able to negotiate an impressive 12.07% discount from the asking price for our client.

 

The Unfair Advantage

We know how to find rare assets. Buying freehold investment buildings in the best areas of London takes skill. We sourced this income producing fully let freehold building in a prime location off market and saved our client an impressive 12% from the asking price.

Location

We’re ready when you are

House

We’re ready when you are

We would be delighted to hear from you to discuss your own property requirements. For a non-obligatory consultation, please contact us.

We have an unrivalled track record

We come highly recommended

We come highly recommended.