Overview


Price

£8.4 million

Date Sourced

April 2011

Westbourne Gardens

Bayswater W2

The Client

An African Investor

The Challenge

Our client had recently sold his business and was looking to invest £20 million into the prime Central London property market. We were tasked with building an investment portfolio for our client.

The Perfect Conclusion

We secured this freehold building with a lift and 8 self contained newly refurbished flats. We also managed to secure a 3 year rental agreement for £450,000 per annum, with no agency fees, resulting in a net yield of 5.3%. The acquisition price of £8.4m is just over £1000 per sq foot. Similar flats were achieving between £1200 – £1400 per sq ft just 2 blocks down, showing good signs for capital appreciation.

Location

We’re ready when you are

Buying Icon

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.