3-bedroom flat · W8 5LS
To rentReduced £1k (−5.7%) on 3 OctListed 131 days · slow let
Opportunity summary
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About
Newly refurbished throughout 3 Bed / 3 shower room duplex apartment Grand double reception rooms Separate kitchen 2 large terraces 2 gas fireplaces with Calacatta Viola marble & Grigio Oribico marble Air conditioning, pre-cabled for fibre internet Secure building, close to Kensington Palace gardens Newly refurbished communal hallways This grand duplex apartment runs laterally across the raised ground & lower ground floors of a classic white stucco block in prime Kensington.
The apartment comprises 3 bedrooms, 3 bathrooms, double reception, separate kitchen, utility closet and two large private terraces.
At a generous 1,733 square feet it enjoys grand ceiling heights, air conditioning, built-in storage in all key rooms, Miele & SubZero appliances, and pre-cabling for high speed internet.
This secure building is located 2 mins from Hyde Park, at the Kensington Palace end. The building’s communal parts are immaculate, having been recently refurbished.
Residents parking permits available from rbkc for street parking.
Located on the borders of Kensington and South Kensington, Palace Gate is served by two local shopping parades within walking distance.
Around the corner to the north is Kensington High Street, which offers a range of shopping, restaurants, gyms, a large Whole Foods, and the tube station of High Street Kensington (Circle and District lines).
To the south is another parade of shops and cafés, leading down to the large Waitrose and Gloucester Rd tube station (Piccadilly, Circle and District Lines). Available furnished. Pets considered.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 2, 5 Palace Place, London
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