Relief at last for Grenfell Tower families as 250 homeless residents are rehoused in a £2billion luxury block in Kensington after authorities buy up 68 flats in £10million deal

Around 250 homeless and beleaguered survivors of the Grenfell Tower fire will be rehoused 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.