'We're being evicted from our flats for them to be used as temporary housing'
Original Article Summary
Garden Court tenants are served eviction notices so the flats can become temporary accommodation.
PropMatch Curated Analysis
Westminster City Council's £16m acquisition of Garden Court flats in Kew demonstrates how councils are removing occupied PRS properties from the market to house their own homeless residents. This trend directly reduces available rental stock while displacing existing tenants through Section 21 evictions.
Investor Relevance
This highlights both a risk (councils may target investor properties for acquisition, potentially at below-market rates) and an opportunity (councils are active buyers paying significant sums). Investors should understand their properties could become acquisition targets, especially if located in areas with good transport links to councils facing homelessness pressures.
Original Source:
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