PROPERTY DETAILS

  • INVESTOR CLIENT
  • RUSSIA BASED
  • BUY TO LET INVESTMENT

CAMPDEN HILL

KENSINGTON

Situated in the very best position of an extremely popular mansion block. The apartment was completely remodelled, including knocking three rooms in to one to create a spectacular circa 30 foot reception room enjoying the best aspect within the block. On completion another Obbard tenant, nearing end of contract within the same block, agreed to rent the property at the target rent.

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PROPERTY DEVELOPMENT

London Buy to let investment

Our client was after something special  but recognised that buying ‘the best’ often means paying a large premium to a developer.  We identified this rather tired and ill configured apartment, and working with our client's own interior designer, we oversaw a complete transformation. The final layout provided three bedrooms and three bathrooms plus a 4th bedroom or Study. The gross floor area being around 2,500 sq ft. 

The works took around 7-8 months and on completion terms were agreed to let the apartment to one of our tenants within the Obbard portfolio who were renting in the same building. These tenants were having to move as that landlord, was taking the property back for his own family use. The client who acquired this investment then agreed a further purchase through us based on his delight that a property he loved was worth around 15% over and above his gross costs and the rent he achieved in excess of our projection.

London property investment

LOCATION

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  • CONTACT

  • LONDON HEAD OFFICE
  • The Yacht Club
    Chelsea Harbour
    London SW10 0XA
    United Kingdom
  • tel +44 (0)20 7349 8920
  • info@obbard.co.uk
  • HONG KONG OFFICE
  • 9F Central Building
    1-3 Pedder St
    Central
    Hong Kong
  • tel +852 3975 2702
  • info@obbard.co.uk