While the spacious abodes draw the most attention, the architecture makes Kensington a highly desirable area, too.
For those tempted by Kensington’s grand designs, “There’s a bounty of traditional Victorian apartment buildings, all generally commanding prices significantly north of £2million. This diverse housing offering appeals to a real cross-range of wealthy occupiers. All of this coupled with access to Heathrow and M4 in only 13 miles,” comments Peter Sheehan, owner and director of The London Resolution.
Ms Blain, Foxtons Earls Court sales manager, concurs and adds, “It is not uncommon to see a one-bedroom flat sell in excess of £1-1.5million. Two beds can range from just over a million and in excess of two million, while houses tend to start at £4 or £5 million and upwards. If you were wanting to purchase a mews house, they usually start at £2million plus. Also, it is not unusual for some of the best properties to achieve £2000 per square foot.”
Whilst the largest demand of homes in the area previously came from overseas investors, there has been a noticeable deviation, Ms Blain explains, “In the last few years there have been a number of changes to stamp duty and capital gains tax which have seen the demand in the area shift, with more of a focus on domestic buyers, still eager to live in Kensington and Chelsea and enjoy the luxurious living it offers. London is such a diverse, cosmopolitan city that many of these buyers originate from Europe, Asia, America, Russia but are now ‘Londoners’ first and foremost and are looking for long term homes.” To read the full article click here.
Thurloe Place
Savour the amazing Kensington surroundings without having to travel an inordinate amount by investing in this stunning property. Featuring three en-suite bedrooms with views overlooking the famous V&A museum, this special property is perfect for both entertaining and simply enjoying a relaxed lifestyle.
£4.5m / €5m / $5.6m
Foxtons
ww.foxtons.co.uk
28 Holland Park
This spectacular apartment materialises luxury and good taste and commands west-facing views towards Holland Park. Designed as an iconic home, it comprises a grand entrance hall, open-plan kitchen/reception room, master bedroom with en-suite bath and shower, second bedroom with en-suite bathroom, third double bedroom, shower room and a separate utility room. Residents are also spoilt for choice with a five-star hotel style concierge service with 24-hour security, and amenities including a club room, an 18-seat cinema, business suite, library and catering kitchen. There is also a private residents swimming pool, fully equipped gym and luxury spa with treatment rooms all exclusively managed by Bodyism: the world’s first full spectrum health and wellness company.
£6.32m / €7.04m / $7.97m
Chestertons
www.chestertons.com
