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58 Kensington Ct
London W8 5DG

Kensington Park Apartments · Hospitality Property For Sale · 14 Rooms

Investment Highlights

  • Prime location
  • Periodic features
  • Development opportunity

Executive Summary

Dear investors,
Please note that the property being 58 Kensington Court ,London W8 5DG
Benefits from 13 apartments as follows
7x Studios (1room with Kitchen and bathroom each occupancy 2-3 persons)
5x2 bedrooms with lounge ,kitchen & 2 bathrooms each
1x3bedrooms,lounge kitchen and 2 bathrooms
GIA (Gross Area ) 8,500 sqft
Net habitable area
7,200 sqft
We have a Certificate if lawfulness to extend the top floor by 1,000 sqft and to add on the 7th floor 500sqft approx
The property is in the name of a BVI company, which owns the Freehold with one shareholder
Accordingly the new owner all what he has to do is to change the name of the shareholder hence a saving of the Stamp Duty of about £2M
Offers £12M required
The certificate is valid forever

PROPERTY FACTS

Price Per Room $1,395,303 CAD
Sale Type Investment
Cap Rate 5.12%
Sale Conditions Build to Suit
Tenure Freehold
Property Type Hospitality
Property Subtype Serviced Apartment
Building Class B
Lot Size 0.04 AC
Building Size 8,500 SF
No. Rooms 14
No. Stories 5
Year Built 1880
Corridor Interior

Amenities

  • Restaurant

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 14 $276.21 CAD -
  • Listing ID: 30292979

  • Date on Market: 2023-12-06

  • Last Updated:

  • Address: 58 Kensington Ct, London W8 5DG

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