Arguably one of London’s most desirable postcodes, Kensington is a highly desirable West London suburb located within the Borough of Kensington and Chelsea. Close proximity to London’s major attractions and business centres, has seen a large number of investors from outside of the UK invest in property in Kensington in recent years.
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First mentioned in the Doomsday Book, Kensington is split into the area north of Kensington High Street which is bordered by Notting Hill Gate, and the southern region which is bordered by Cromwell Road. Property for sale in Kensington tends to be a mixture of period properties and Victorian mansion blocks often surrounding attractive garden squares.
Addresses on Philimore Gardens, Campden Hill Square, Scarsdale Villas and Palace Gardens Terrace are amongst the most popular residential areas in Kensington. Located opposite Kensington Palace is the affluent Kensington Palace Gardens, popularly known as ‘Billionaire’s Row’ and an ideal site for property investment in Kensington should a site make it onto the market. Edwardes Square, Holland Park and Wycombe Square are also home to some of the most popular addresses in Kensington.
The main shopping area of Kensington High Street combines a mixture of popular and designer names and was declared London’s second best shopping street in 2005. The antiques area of Kensington Church Street is also a popular attraction. A number of celebrated restaurants and hotels make the area a popular place to live and property investment in Kensington is a booming industry.
The inclusion of the Royal College of Music brings in a regular flow of students, whilst the European Embassies and French Consulate in the area attract a wide range of diplomats and foreign officials. The area also includes Northcliffe House, which is home to a number of the country’s biggest newspapers, making it a popular spot for journalists.
Despite the lack of high rise buildings, Kensington forms part of the most densely populated local government district in the United Kingdom.
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Property in Kensington is greatly sought after, and this has had a massive impact on the prices within the area.
The average price of a property for sale in Kensington is a healthy £1,489,367, and the average price of a house comes in at around £3,260,000. The value of properties for sale in Kensington has enjoyed an increase well above the UK average. In just the last year, house prices in Kensington have seen an increase of more than 10%.
Typically, property prices in Kensington are less than that of Mayfair on a square footage basis, however, the properties themselves do tend to be larger. There are excellent opportunities for property investment in Kensington as it tends to be more residential than the nearby Mayfair and Knightsbridge areas.
Property in Kensington tend to be popular due to the wide range of amenities around them.
Not only does the area boast big tourist attractions such as the Royal Albert Hall, the Natural History Museum, the Victoria & Albert Museum, the Science Museum and the Geological Museum, the area also has good transport links.
It is served by the District, Circle and Piccadilly tube lines, with South Kensington and Gloucester Road being the main stations.
The area enjoys easy access into central London as well as direct routes to Heathrow Airport. With Kensington Gardens joining Hyde Park, properties for sale in Kensington are unsurprisingly snapped up quickly.
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Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don’t fancy the ‘hard sell’ approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 337 3890.
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