Description
Key Takeaway: Acquire a purpose-built ex-council 2-bed flat at £425,000 (Zoopla MV £600k+) on Whistler Walk, SW10, for a £175,000 immediate equity gain (29.2% BMV) and realistic net rental yield of 7.95%.
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Introduction
The Kensington off-market flat at 11 Whistler Walk, SW10 0EP is a rare investment in the Royal Borough of Kensington & Chelsea. This 2-bed, 807 sq ft ground/first-floor apartment offers vacant possession and an 88-year lease, plus a £4k p.a. service charge (inc. hot water). With attached floorplan and internal video available, buyers can act swiftly on this below-market-value opportunity.
Property Overview
• 🛌 2 Bedrooms | 📏 807 sq ft (ground & first floor)
• 📜 Lease: ~88 years remaining
• 💷 Purchase Price: £425,000
• 📈 Market Value Estimate: £600,000+ (Zoopla)
• 🏢 Purpose-built ex-council block – Freeholder: RBKC
• 💧 Service Charge: ~£4,000 p.a. (includes hot water)
• 📽 Floorplan & internal video on request
Description
Nestled in a quiet Kensington crescent, this flat enjoys:
- Spacious living with separate reception and dining areas
- Fitted kitchen with integrated appliances
- Two double bedrooms served by a family bathroom
- Ample storage and a bright hallway
- Secure entry and maintained communal areas
Recently, the last comparable sale (2015) achieved £549,000; today’s off-market guide of £425,000 represents a 29.2% discount. Ideal for investors seeking stable rental income or long-term capital growth in SW10’s strong market.
Investment Analysis
Based on Kensington & Chelsea rent rates (2024 estimates), this property delivers:
Scenario | Weekly Rent (£) | Annual Rent (£) | Net Income (£)* | Gross Yield (%) | Net Yield (%) |
---|---|---|---|---|---|
Conservative | 605 | 31,473 | 27,473 | 7.41 | 6.46 |
Realistic | 726 | 37,768 | 33,768 | 8.89 | 7.95 |
Optimistic | 888 | 46,160 | 42,160 | 10.86 | 9.92 |
*After £4k |
Figure: Gross vs Net Rental Yields by scenario.
Income & Yields
- Immediate Equity Gain: £175,000 (41.2% vs purchase)
- Realistic Gross Yield: 8.89% (on £425k)
- Realistic Net Yield: 7.95% (after service charge)
- Price per sq ft: £527 vs market £743
Location & Transport
- West Brompton (Overground & District): 8 min walk
- Earl’s Court (Piccadilly & District): 10 min walk
- Local shops, cafés & Greenside Road market
- RBKC planning portal: www.rbkc.gov.uk/planning
- Zoopla SW10 area guide: zoopla.co.uk/for-sale/property/london/?q=SW10
Media Links
Internal Links : Area Guide – SW10 Kensington
Kensington and Chelsea Property Auctions: The Ultimate Investment Guide – Palace Auctions
• Land Registry freehold info: www.gov.uk/government/organisations/land-registry
• Kensington Council demographics: ons.gov.uk/peoplepopulationandcommunity
• How to rent guide: gov.uk/government/publications/how-to-rent
Page last updated 17th August 2025 16:44GMT