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£650,000

Queens Gate, South Kensington, SW7

  • 1 bed
Flat

£650,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£2,967 per month

Minimum deposit amount:

£32,500
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This refurbished, spacious one bedroom apartment is located on the second floor of an elegant stucco fronted building, just moments away from the numerous attractions of South Kensington.

The property features a generously sized reception room, a well-fitted kitchen, a comfortable double bedroom, and a family bathroom. Additionally, there is a separate office/storage room on the half landing.

The property is currently subject to an Assured Shorthold Tenancy, which commenced on August 15, 2024, at a monthly rental rate of ?2,600, equating to ?31,200 per annum. This results in a Gross Initial Yield of 4.8%.








Queens Gate is a highly desirable and sought-after location. It offers convenient access to both Gloucester Road and South Kensington stations, which are served by the District, Circle, and Piccadilly Lines. You`ll also find a wealth of local shopping amenities nearby, and the expansive green spaces of Hyde Park are less than a mile away, providing a delightful outdoor escape.

Tenure: Leasehold
Lease Expires: June 30th 2131 (107 years remaining)
Ground Rent: ?385 per annum (2022)
Service Charge: ?6,798.85 per annum (2022) (includes sinking fund and communal heating and hot water)
Local Authority: The Royal Borough of Kensington & Chelsea
Council Tax: ?2,054.58 p.a. (Band F)

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Lease Length
107 Years

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Central Heating
Garden/Outside Space: No
Parking: No
Garage: No
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£2,967 per month
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Stamp Duty tax
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£20,000
Mortgage and legal costs:
£999
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