Kensington / deep-distress pockets

The lowest entry prices and highest paper yields in the city, in areas with heavy redevelopment talk but severe on-the-ground challenges.

Concentrated distress, open-air drug activity in pockets, tangled-title issues, and deep deferred maintenance make these areas exceptionally hard for a remote owner; advertised yields almost never survive the real vacancy, repair, and management picture.

Investors who understand that the highest advertised yields often come with the highest execution risk.