1 Philbeach Gardens, Earls Court, London SW5 9DY
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
19
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Income Producing
- C3 Use
- 19 Apartments
Description
* Opportunity to acquire an income-producing building comprising 19 apartments.
LOCATION
* The building is located on the corner of Philbeach Gardens in a residential neighbourhood and is approximately a 1-minute walk from Earls Court Underground Station with regular Circle & District and Piccadilly line service.
DESCRIPTION
* The building is arranged across 4 stories comprising 19 apartments (Class C3) (18 x Studio, 1 x 1 Bed) extending to approximately 2,656 sqft (NIA).
* The building extends to approximately 3,837 sqft (GIA).
* The building is currently let on ASTs for 9 months, and throughout the remaining 3 months, the property operates holiday/short let (booking.com, Airbnb, etc.)
* Currently, there are 18 rooms to let; unit 19 is used as an office.
* The property is currently generating £423,780 per annum.
* There's a clear projected increase in revenue for 2025/26 £472,590 per annum (+11.5%) and a more modest increase in 2026/27 £480,090 per annum (+1.6%). This reflects the impact of recent upgrades and rebranding (KENSINGTON STAY) efforts.
* There is an initial lease offer from an established, reputable serviced apartments operator for a 5-year lease generating £390,000 per annum.
* The company has a Creditsafe score of 77, which places it in the "Very Low Risk" category and an international credit rating of A.
TERMS
* The property is available freehold.
* Offers in excess of £6,000,000
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
1 Philbeach Gardens, Earls Court, London SW5 9DY
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Visit our security centre to find out moreDisclaimer - Property reference PhilbeachGD. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Di Properties Ltd, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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