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Lot TBG / ERS 3000

Kensington Off-Market Flat –11 Whistler Walk SW10 2 bed Apartment

Guide price £ 425,000

Type of Sale

Private Treaty (Off-Market)

Key Features

  • • Vacant possession on completion
  • Ground/first-floor 2-bed layout 807 sq ft
  • Immediate equity & high yields
  • internal area 88-year lease £4k p.a.
  • service charge (inc. hot water)

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


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

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Edward Swindells Auctioneer Consultant Auctioneer & Valuer

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