The Kensington area runs south from Notting Hill Gate to the Cromwell Road and west from Warwick road to Hyde Park and Gloucester Road. It is situated between two of London's famous parks, Holland Park and Hyde Park It offers fantastic shopping on Kensington High Street and many interesting antique shops and boutiques on Kensington Church Street, including some excellent local pubs. It is easy access by car west to the A4 and A40 which lead straight to the M4 and M40.
Type of property
Much of Kensington was built in the Victorian era Kensington has a good balance of different types of property: from large detached houses in streets such as Upper Phillimore Gardens and Victoria Road; to smaller terraced houses in Hill Street village and some wonderful garden squares. There are also plenty of mansion buildings, and converted period houses in the west of the area, for those who prefer lateral living. In more recent years several developments have been built which offer under ground parking and security such as Kensington Green and Observatory Gardens.
The demand for rental property continues to be strong in the W8 although in central London the rental levels achieved is closely linked to the London economy and for this reason there could be a slight fall over the forth coming year.
Property for sale in Kensington has seen good movement upwards over the last few years, with the most expensive home in London being sold in Upper Phillimore Gardens a couple of years ago. The area contains some fabulous addresses and some landmark developments that have appeal to families and investors and continues drive prices steadily upwards.
Type of Tenants renting in Kensington
The majority of tenants choosing to rent in this area are internationals relocating for work or to study. For them the top class schools and proximity to the green spaces of Hyde Park and Holland Park appeal as well as the ease of driving in and out of London to Heathrow.
Type of Landlords in Kensington
Foreign investment purchasers are still looking for rental investment viewing London as a safe haven from the current political and economic turmoil of the world .The over all demand for rented property is still very high and it will, in our opinion, remain a favourable market for landlords. For the long term rents may stablise but investors will not loose out in Kensington. .
Types of buyers and sellers in Kensington
The mix of flats and houses in Kensington attracts a mix of buyers and sellers. The area is still very popular with British families and has attracted many families from Europe and beyond who like the proximity to the centre of London and the space that the large family homes offer. The flat buyers also tend to be a mix of nationalities with many coming from Europe and enjoying the easy access the area gives to The City.
Council Tax Rates for Royal Borough of Kensington and Chelsea
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* Excludes garden square levies
For property sales and letting in Kensington, get in touch with Estate Agent Marler and Marler today.