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3 bed flat for sale

£2,995,000

Palace Gate, London W8

3 3 2
Interested in this property? Call +44 121 721 9601 * or Request Details

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Property features

  • Three Double Bedroom Apartment
  • Two Spacious Reception Rooms
  • Two Private Terraces
  • Three Bathrooms (Two En-Suite)
  • High Ceilings
  • Share Of Freehold
  • White Stucco Fronted Building
  • Kitchen / Breakfast Room
  • Moments From Kensington Gardens
  • Many Period Features & Sash Windows

Property description

Located in one of London’s most exclusive and sought after postcodes, Palace Gate is ideally set moments away from Kensington Palace / Gardens and is conveniently situated between the extensive shopping and transport facilities of both Kensington High Street and Gloucester Road.

This exceptionally sized apartment with substantial private outside space within an attractive Grade II listed period building, boasts period features such as marble fire places and ornate cornicing, including high ceilings (approximately 4m). The property also benefits from a video entry phone and modern burglar alarm.

The ground floor accommodation is comprised of two spacious impressive reception rooms, hardwood flooring throughout and a huge fitted kitchen/breakfast room arranged over the raised ground floor leading to an extensive private terrace.

On the lower ground floor, the spacious accommodation consists of a master bedroom, with fitted wardrobes and an en suite bathroom, a second double bedroom with en suite shower and access onto the second private terrace via double French doors, a third double bedroom, guest shower room and all rooms are quietly situated to the rear of the property.

Reception Room

21ft10 x 16ft7

Spacious reception room with period features such as high ceilings, original sash windows, cornicing, wood flooring and a feature marble fireplace.

Dining Room

15ft1 x 13ft10

Great entertaining space with period features such as high ceilings, wooden flooring, original sash windows, cornicing and a feature marble fireplace.

Kitchen / Breakfast

18ft1 x 13ft9

Large fitted kitchen with a period marble feature fireplace, sash windows and an additional large bay window with views of the private terraces. The kitchen has a substantial range of floor and wall mounted storage.

Master Bedroom

13ft1 x 12ft4

Spacious master bedroom with high ceilings, built-in storage, original sash windows, en-suite bathroom and French doors leading to a private terrace.

Bedroom Two

15ft x 15ft

Large double bedroom with en-suite bathroom, original sash windows and high ceilings.

Bedroom Three

13ft6 x 11ft7

Good sized double bedroom with fitted wardrobes and carpet.

Service Charges

The vendor has informed us that the service charges are approximately £3,500 per annum with a peppercorn ground rent.

Lease Information

The vendor has informed us that the property has a Share of Freehold with a 995 year lease.

Property info

Floorplan(s): Floor Plan

Floor Plan View original

Market activity
Average price paid £2,830,188 Sales 185 Current average value £3,288,152 (Zoopla Zed-Index) Value change £134,947 ▲ 4.28%

Property value data/graphs for W8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £11,662,348 £1,935 5.7 £1,589,375
Semi-detached £8,745,539 £2,384 4.6 £5,706,222
Terraced £5,510,538 £2,073 4.0 £4,123,189
Flats £2,090,342 £1,814 2.3 £2,201,382

Current asking prices in W8

Average: £2,751,821
Avg. current asking prices in W8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,000,000
(1)
£1,998,945
(5)
£3,090,714
(14)
£3,821,552
(29)
£5,185,291
(17)
Flats £790,623
(56)
£1,458,594
(117)
£2,790,973
(76)
£4,008,269
(26)
£5,325,000
(2)
All £794,296
(57)
£1,480,739
(122)
£2,837,599
(90)
£3,909,818
(55)
£5,199,997
(19)

Current asking rents in W8

Average: £5,216 pcm
Avg. current asking prices in W8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,830 pcm
(7)
£3,992 pcm
(36)
£8,967 pcm
(13)
£15,393 pcm
(22)
£22,567 pcm
(11)
Flats £2,227 pcm
(233)
£3,747 pcm
(604)
£8,945 pcm
(186)
£12,006 pcm
(38)
£21,107 pcm
(12)
All £2,216 pcm
(240)
£3,760 pcm
(640)
£8,947 pcm
(199)
£13,248 pcm
(60)
£21,805 pcm
(23)

Fun facts for W8

Highest value in W8
Highest value streets Zed-Index
Kensington Palace Gardens £39,602,787
Cottesmore Gardens £13,218,433
Victoria Road £10,242,376
Thornwood Gardens £10,222,728
Kensington Square £9,898,501
Highest turnover in W8
Highest turnover streets Turnover
Pembroke Gardens Close 41.4%
Blithfield Street 31.2%
Sunningdale Gardens 25.0%
Strathmore Gardens 24.0%
Holland Street 23.1%

What Zoopla users think of W8

Overall rating:

  • currently 4 stars
Very good - 79% (127 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate W8:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • High Street Kensington (0.3 miles)
  • Gloucester Road (0.5 miles)
  • South Kensington (0.7 miles)
  • London City Airport (10.3 miles)
  • London Heathrow Airport (12.0 miles)
  • London Gatwick Airport (24.4 miles)
  • Cadogan Pier (1.4 miles)
  • Chelsea Harbour Pier (1.8 miles)
  • Westminster Millennium Pier (2.6 miles)

Nearby schools

View all schools in Kensington and Chelsea
  • Hyde Park School (0.3 miles)
  • St Mary Abbots CofE Primary School (0.3 miles)
  • Glendower Preparatory School (0.5 miles)
  • Mander Portman Woodward School (0.6 miles)
  • Collingham (0.6 miles)
  • Lansdowne College (0.8 miles)
  • Queen's Gate School (0.5 miles)
  • Holland Park School (0.8 miles)
  • Knightsbridge School (1.0 mile)
Note: Distances are straight line measurements

Local info for Kensington and Chelsea

About the neighbours in W8

AskMe Q&A for Kensington and Chelsea

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For more information about this property, please contact
Purplebricks, Head Office, B90 on +44 121 721 9601 * (local rate)

Monthly running costs Beta

£11,096 Monthly total

Mortgage

Purchase price
Deposit (10%) 299,500
Repayment term 25
Interest rate 1.5
Your payment £10,780 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £26/mo (£308/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £36 Electricity £43 Estimated energy cost £79/mo

Similar properties could save up to £259

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11400 kWh/year
Electricity: 3400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Kensington and Chelsea

Estimated tax band G Council tax cost £180 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £16 Sewerage £15 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Purplebricks, Head Office, and do not constitute property particulars. Please contact Purplebricks, Head Office for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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