permanently inside the £2billion luxury Kensington development. The 68 one, two and three bedroom properties have been bought for just £10million and will provide refuge for families who lost everything in the blaze that killed 79 people a week ago. Apartments in the development are currently for sale for between £1.5million and £8.5million but the developer St Edward sold the 68 flats at 'cost' price even though they have a market value of around £160million. Grenfell families are currently being put up in hotels or in extreme cases believed to be sleeping rough in parks or in their cars but can move in permanently from the end of next month. The development on Kensington High Street has been called 'one of London's most sought after new addresses' with large rooms and balconies. Residents will also have access to a swimming pool, sauna, cinema and gym.
Survivors of the Grenfell Tower blaze are to be moved into flats in a £2billion luxury development in Kensington.
The
government has bought up 68 flats in the lavish new apartment block on
Kensington High Street to house those who lost their homes in the fire
which killed at least 79 people.
The
deal is thought to have cost tens of millions of pounds as apartments in
the development are currently for sale from £1,575,000 to £8.5 million.
Some
of the families currently being put up in hotels in the area will be
moved into the flats permanently from the end of next month.
The
68 one, two and three bed flats have been bought by the City of London
Corporation in response to the tragedy and handed to Kensington and
Chelsea Borough Council for 'long term' social housing.
An
average flat is £2.4million but the developer St Edward sold the 68 for
a total of £10million in an 'extraordinary gesture' and insisted on
being paid what it cost to build them.
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