Saturday, August 02, 2008

Buy to Let Investments Earls Court, London SW5

Located to the west of South Kensington, Earl's Court has a thriving cosmopolitan atmosphere with the length of the Earl's Court Road being populated with pubs, restaurants and late night eateries.

With a multi-cultural population and a well-connected tube station, Earl's Court attracts young single professionals and couples alike.

Property is generally apartments in conversions or mansion blocks. Rental levels are more reasonable than neighbouring Chelsea and Kensington.

Earls Court was at one point known as Kangaroo Alley due to the vast number of antipodeans who stayed there, however this doesn't apply as much anymore. It still has the reputation of an area where people stay - not where they live.

In addition to this, in the late 70's and early 80's it became the gay centre of London. Once again, this no longer applies although the area retains a large gay presence. Overall, Earl's Court is a somewhat seedy, fairly uninspiring place - but it does have its moments.

History of Earls Court

Earls Court was largely a waste ground for many years. With the introduction of two stations, it became a mass network of rail on derelict grounds.

The idea of introducing entertainment to the grounds was brought about by an entrepreneur called John Robinson Whitley who used the land as a show ground for many years. Unfortunately Whitley did not end up making a single penny for his efforts, yet Whitley's desire had decided the future of Earls Court and its purpose in later years.

In 1935 the land was sold; the new owners decided to construct a show centre to rival any other in the world and to dominate "The Village Hall" up the road (the management's affectionate name for Olympia). The plan was to create Europe's largest structure by volume
The project did not go exactly to plan; it ran over budget and was late in completion. Earls Court finally opened its door to the public for the chocolate and confectionery exhibition on the 1st of September 1937.

The Motor Show and Commercial Vehicle show soon followed. In spite of all the problems in the latter part of construction, the project was still completed in amazing time. At a cost of 1.5 million pounds, it was a marvel of architectural feat, and it still is today.

In response to the drastic need to increase Earls Court's exhibition space, Earls Court Two was constructed at a cost of £100m. The striking new barrel-roofed hall which links with Earls Court One via folding shutters is large enough to hold four jumbo jets and the hall's 17,000 square metre floor is entirely column-free.

Travel Links to Earls Court

Earls Court (District and Piccadilly Lines)

Kensington Olympia Railway Station

Motorway Junction M4 Junction 1

Airport London City

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