WorldTop StoryTop StoryLatest News
Victorian Water Tower in Kennington Listed for £2.75 Million
Sentiment: NeutralHigh Priority
What Happened?
A Victorian water tower in Kennington, London, is back on the market for £2.75 million after being sold for £2.5 million in 2021. The tower was transformed into a luxury home by its owners, who spent around £2 million on renovations.
Key points
- The water tower was originally bought in 2011 for £380,000.
- Owners Leigh Osborne and Graham Voce invested around £2 million in renovations.
- The property features five bedrooms, four bathrooms, and a rooftop terrace.
- It was featured in the 100th episode of Grand Designs in 2012.
- The tower was built in 1867 to supply water to the Lambeth Workhouse.
- The current asking price is £2.75 million after previous listings.
Key insights
- The renovation highlights the potential for transforming historical buildings into modern homes.
- The fluctuating market price indicates challenges in selling unique properties.
- The tower's historical significance may attract buyers interested in heritage.
Why it matters
The listing reflects the ongoing interest in unique architectural properties in London.
Tags
Entities
Leigh Osborne· PersonGraham Voce· PersonKennington· LocationLondon· CityGrand Designs· Event
Source
Times of India
