Home Residential Property Kensington 3-bedroom wreck hits market at £2m

Kensington 3-bedroom wreck hits market at £2m

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15th Jan 14 10:56 am

Kensington House

A shell of a property just off Kensington High Street is attracting plenty of attention after going on sale for £2m.

From the outside, the house appears to be a highly desirable town house. Inside however, crumbling walls, bare structural supports and exposed brickwork mean it is far from habitable.

The derelict house has been branded a “total wreck”, by estate agents Crayson, but the fantastic location and good exterior give the medium sized house massive potential for enthusiastic renovation projects.

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On the company’s website, under the banner “Welcom to Wrecksville”, Crayson say: “Here is an epic opportunity to buy a shell, create the perfect space and live somewhere that is actually made for you.”

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The advertisement for the property says: “A complete wreck in one of London’s great residential areas and everything to play for. As rare as hen’s teeth, a blank canvas, build your dream.”

“It’s the sort of house where you can imagine retiring and pottering about in the village vibe that, amazingly, still exists in the quiet back streets of Kensington.”

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The house is the former home of author Ruth Aspinall, who died in 2012.

The reportedly high level of interest in the property is further indication that London’s prime property boom is set to continue apace.

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Well-kept neighbouring houses are fetching upwards of £5m, so in the right hands, this is undoubtedly a fine investment opportunity.

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