2 Bed Flat, Single Let, London, W11 4PA, £1,795,000

Penzance Place, London, W11 4PA - 4 views - 3 months ago

Leasehold

BTL

~68 m²

+7 photos

ValuationOvervalued

Sold Prices	£355K - £3.3M
Sold Prices/m²	£5K/m² - £32.1K/m²

Square Metres	~68.11 m²
Price/m²	£26.4K/m²
Value Estimate	£868,662£868,662

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£448,750£448,750
Stamp Duty & Legal Fees	£181,700£181,700
Total Cash In	£630,450£630,450

Cash Out
Rent Range	£2,245 - £8,000£2,245 - £8,000
Rent Estimate	£2,250
Running Costs/mo	£6,079£6,079
Cashflow/mo	£-3,829£-3,829
Cashflow/yr	£-45,952£-45,952
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £355K to £3.3M, average is £939K. £5K/m² to £32.1K/m², average is £12.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£700K	05/21	0.17 mi	129, Elgin Crescent, London, Greater London W11 2JH	£16,279	43	2	Flat
£1.6M	06/21	0.19 mi	Flat 11, Crescent Mansions, Elgin Crescent, London, Greater London W11 2JN	-	-	2	Flat
£1.7M	11/20	0.26 mi	First Floor Flat, 115, Ladbroke Road, London, Greater London W11 3PR	£14,690	113	2	Flat
£1.6M	04/21	0.26 mi	59, Holland Park, London, Greater London W11 3SJ	£32,143	49	2	Flat
£355K	09/23	0.27 mi	Flat 60, Mortimer House, Queensdale Crescent, London, Greater London W11 4TQ	-	-	2	Flat
£730K	06/21	0.28 mi	6, St Anns Villas, London, Greater London W11 4RX	-	-	2	Flat
£565K	06/21	0.3 mi	85, Holland Park, London, Greater London W11 3RZ	-	-	2	Flat
£1.4M	12/20	0.3 mi	7a, Ladbroke Square, London, Greater London W11 3LX	£16,759	81	2	Flat
£935K	06/21	0.31 mi	Lower Ground Floor Flat, 30, Kensington Park Gardens, London, Greater London W11 2QS	£9,740	96	2	Flat
£550K	11/20	0.32 mi	38, Hunt Close, London, Greater London W11 4JU	£8,333	66	2	Flat
£515K	03/23	0.32 mi	27, Hunt Close, London, Greater London W11 4JU	£10,098	51	2	Flat
£560K	01/23	0.32 mi	31, Hunt Close, London, Greater London W11 4JU	£8,485	66	2	Flat
£1.1M	04/21	0.32 mi	Second Floor Flat D, 26, Holland Park Gardens, London, Greater London W14 8EA	-	-	2	Flat
£1.2M	05/21	0.32 mi	23a, Ladbroke Gardens, London, Greater London W11 2PT	£13,953	86	2	Flat
£1.3M	06/21	0.32 mi	44a, Arundel Gardens, London, Greater London W11 2LB	£13,144	97	2	Flat
£398.5K	02/21	0.33 mi	432, Barandon Walk, London, Greater London W11 1WJ	£5,044	79	2	Flat
£1.1M	05/21	0.34 mi	14a, Ladbroke Square, London, Greater London W11 3NA	-	-	2	Flat
£943K	06/23	0.37 mi	Flat 17, Abbotsbury House, Abbotsbury Road, London, Greater London W14 8EN	-	-	2	Flat
£1.8M	12/20	0.37 mi	Flat 25, Abbotsbury House, Abbotsbury Road, London, Greater London W14 8EN	-	-	2	Flat
£1.2M	09/21	0.38 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£1.2M	09/21	0.38 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£1.1M	03/21	0.38 mi	Basement Flat, 84, Ladbroke Grove, London, Greater London W11 2HE	-	-	2	Flat
£395K	12/21	0.38 mi	313, Hurstway Walk, London, Greater London W11 1WD	£5,563	71	2	Flat
£410K	06/21	0.38 mi	Flat 40, Talbot Grove House, Lancaster West, London, Greater London W11 1SQ	-	-	2	Flat
£595K	03/21	0.43 mi	19, Wesley Square, London, Greater London W11 1TP	£13,523	44	2	Flat
£645K	12/23	0.43 mi	32, Wesley Square, London, Greater London W11 1TS	£10,574	61	2	Flat
£975K	03/21	0.46 mi	6b, Horbury Crescent, London, Greater London W11 3NF	-	-	2	Flat
£695K	02/23	0.47 mi	4, St Andrews Square, London, Greater London W11 1RH	-	-	2	Flat
£1.3M	08/21	0.47 mi	Flat A, 105, Campden Hill Road, London, Greater London W8 7TL	-	-	2	Flat
£1.5M	12/20	0.47 mi	Flat B, 105, Campden Hill Road, London, Greater London W8 7TL	-	-	2	Flat
£880K	11/23	0.48 mi	First Floor Flat, 19, Lower Addison Gardens, London, Greater London W14 8BG	£12,754	69	2	Flat
£3.3M	06/21	0.48 mi	182, Lancaster Road, London, Greater London W11 1QU	£16,565	196	2	Flat
£967.5K	07/23	0.48 mi	176c, Lancaster Road, London, Greater London W11 1QU	-	-	2	Flat
£615K	08/23	0.5 mi	Flat E, 135, Holland Road, Holland Park, London, Greater London W14 8AS	£9,609	64	2	Flat
£630K	05/23	0.5 mi	Flat D, 147, Holland Road, Holland Park, London, Greater London W14 8AS	£9,692	65	2	Flat
£680K	03/23	0.5 mi	11, Hansard Mews, London, Greater London W14 8BJ	£11,724	58	2	Flat
£510K	05/23	0.51 mi	First Floor Flat, 20, Woodstock Grove, London, Greater London W12 8LE	£10,200	50	2	Flat
£540K	09/23	0.52 mi	41, Tadmor Street, London, Greater London W12 8AH	£7,200	75	2	Flat
£1.9M	07/21	0.55 mi	62a, Pembridge Villas, London, Greater London W11 3ET	£19,204	99	2	Flat
£800K	03/21	0.55 mi	First Floor Flat, 93, Cambridge Gardens, London, Greater London W10 6JE	£14,545	55	2	Flat
£1.4M	10/20	0.55 mi	Lower Ground And Ground Floor, 31, Elsham Road, London, Greater London W14 8HB	-	-	2	Flat
£800K	12/20	0.58 mi	29, Sinclair Gardens, London, Greater London W14 0AU	-	-	2	Flat
£1.3M	05/23	0.58 mi	77a, St Marks Road, London, Greater London W10 6JT	£16,026	78	2	Flat
£735K	09/23	0.6 mi	67, Powis Square, London, Greater London W11 2BN	£11,667	63	2	Flat
£3.1M	10/23	0.6 mi	Second Floor Flat, 2, Airlie Gardens, London, Greater London W8 7AJ	-	-	2	Flat
£750K	06/21	0.6 mi	36a, Minford Gardens, London, Greater London W14 0AN	£8,152	92	2	Flat
£2.9M	10/23	0.61 mi	Flat 3, Tasker Lodge, Thornwood Gardens, London, Greater London W8 7ER	-	-	2	Flat
£1.5M	08/21	0.61 mi	55, Lancaster Road, London, Greater London W11 1QJ	£14,522	102	2	Flat
£910K	12/22	0.62 mi	79, Powis Square, London, Greater London W11 2BN	£15,167	60	2	Flat
£1.6M	06/21	0.62 mi	28a, Pembridge Villas, London, Greater London W11 3EL	£18,396	89	2	Flat

Local Rents

50 rents from £2.2K/mo to £8K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,590	11/24	0.16 mi	-	2	Flat
£2,250	10/24	0.18 mi	Clarendon Road London W11	2	Flat
£4,240	03/25	0.2 mi	-	2	Flat
£3,445	10/24	0.2 mi	Portland Road, Notting Hill	2	Flat
£3,367	03/25	0.21 mi	-	2	Flat
£6,500	04/25	0.21 mi	-	2	Flat
£5,500	10/24	0.22 mi	Ladbroke Grove, Notting Hill, W11	2	Flat
£2,250	11/24	0.23 mi	-	2	Flat
£2,250	02/25	0.23 mi	-	2	Flat
£4,000	04/25	0.24 mi	-	2	Flat
£8,000	10/24	0.24 mi	Treadgold Street, Notting Hill, W11	2	Flat
£5,200	02/25	0.27 mi	-	2	Flat
£5,200	01/25	0.27 mi	-	2	Flat
£4,850	04/25	0.27 mi	-	2	Flat
£2,250	10/24	0.27 mi	Queensdale Crescent London W11	2	Flat
£4,200	04/25	0.28 mi	-	2	Flat
£5,980	10/24	0.28 mi	Holland Park, Holland Park, London, W11	2	Flat
£3,000	10/24	0.29 mi	Lansdowne Road, Notting Hill, W11	2	Flat
£5,612	10/24	0.29 mi	Holland Park , Holland Park, London, Royal Borough of Kensington and Chelsea, W11	2	Flat
£5,500	03/25	0.29 mi	-	2	Flat
£5,612	10/24	0.3 mi	Holland Park, London, W11	2	Flat
£2,999	10/24	0.3 mi	Lansdowne Road, Notting Hill, W11	2	Flat
£3,142	10/24	0.3 mi	Holland Park Avenue, Holland Park, London, W11	2	Flat
£2,999	10/24	0.3 mi	Lansdowne Road, London, W11	2	Flat
£3,597	10/24	0.31 mi	Arundel Gardens, Notting Hill	2	Flat
£4,333	10/24	0.31 mi	-	2	Flat
£4,333	02/25	0.31 mi	-	2	Flat
£4,333	03/25	0.31 mi	-	2	Flat
£3,683	10/24	0.31 mi	Kensington Park Gardens, London, W11	2	Flat
£3,000	10/24	0.31 mi	Arundel Gardens, Notting Hill, W11	2	Flat
£3,500	10/24	0.31 mi	Ladbroke Square, Notting Hill, W11	2	Flat
£2,969	10/24	0.31 mi	Ladbroke Gardens, Notting Hill, London, W11	2	Flat
£3,250	10/24	0.31 mi	Stanley Crescent, Notting Hill, London W11	2	Flat
£3,000	10/24	0.32 mi	Holland Park Gardens London W14	2	Flat
£2,600	10/24	0.32 mi	Hunt Close, London	2	Flat
£2,600	10/24	0.32 mi	Hunt Close, Holland Park, London, W11	2	Flat
£2,245	10/24	0.33 mi	Queensdale Crescent, LONDON	2	Flat
£2,800	10/24	0.34 mi	Hunt Close, London, W11	2	Flat
£2,249	10/24	0.34 mi	Holland Park Avenue, Notting Hill	2	Flat
£3,683	10/24	0.34 mi	Stanley Gardens London W11	2	Flat
£2,383	10/24	0.35 mi	Holland Park, Notting Hill	2	Flat
£3,750	04/25	0.35 mi	-	2	Flat
£3,500	11/24	0.35 mi	-	2	Flat
£4,500	10/24	0.37 mi	Addisland Court, Holland Villas Road	2	Flat
£2,899	10/24	0.37 mi	Elgin Crescent, London, UK, W11	2	Flat
£3,400	11/24	0.37 mi	-	2	Terraced House
£5,633	10/24	0.38 mi	Aubrey Road , Holland Park, London, Royal Borough of Kensington and Chelsea, W8	2	Flat
£3,500	04/25	0.38 mi	-	2	Flat
£4,117	10/24	0.38 mi	Addisland Court, Holland Villas Road, London, W14	2	Flat
£4,996	10/24	0.38 mi	Kensington Park Gardens, London, W11	2	Flat

Local Area Statistics

Population in W11	31,35431,354
Population in London	4,771,9214,771,921
Town centre distance	4.68 miles away4.68 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £1,795,000

January 13, 2025

Floor Plans

Description

Open-plan kitchen, dining and reception room +
Principal bedroom suite with bespoke storage +
Guest bedroom +
Family bathroom +
Intercom system +
Royal Borough of Kensington & Chelsea +

There’s a sense of peace and quiet to Penzance Place, a street elevated by pristine period architecture. Surrounded by candy-coloured townhouses, this contemporary duplex features floods of light and an uplifting aesthetic.

On the first floor, an open-plan kitchen, dining and reception room is united by dark wooden floors and dual-aspect fenestration. Lofty ceilings and light grey walls create a bright and airy backdrop; double glazing and a remote controlled fire ensure the space stays cosy. There’s a playful feel to the adjoining kitchen, entirely made to measure by Finch Studio. White quartz worktops offset custom-made cabinets in pastel pink, accompanied by a splashback of Fired Earth Istria tiles. Intuitively designed, integrated appliances and a pull-out worktop complete a practical setup.

Upstairs, the principal bedroom is a peaceful affair – muted hues are warmed with cascades of natural light and a wall of fitted wardrobes make the most of space. The en suite shower room is a showpiece of design, its rainfall shower brightened by a clerestory window and pendant lights. A calming palette continues in the second bedroom, served by a family bathroom with a Lusso Stone vanity and bathtub.

Location
Penzance Place is a peaceful retreat just a ten minute walk away from Holland Park. Wander down to Holland Park Ave to grab sweet treats at Buns From Home, then head to Kyoto Garden – a tranquil Japanese garden with a pond and waterfall. Take a break from strolling in Belvedere Restaurant. Westfield London or High Street Kensington are best for retail therapy, or stock up shelves at Bens Grocers. On weekends, explore stalls and vintage treasure at Portobello Market or catch a film at the Electric Cinema.

Holland Park – 4 mins (Central)

Agent Details

Domus Nova, London

020 3834 8726

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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