# 2 bedroom flat for sale (SW7 4AJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 15, 1 - 3, CORNWALL GARDENS, LONDON, GREATER LONDON SW7 4AJ |
| Price | £1,050,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 78 m² |
| Last sold | £1,070,000 Sep 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 12/10/2032
- **Current heating cost:** £642/year
- **Est. upgrade cost to C:** £6,075

### Recommendations
- A2 (£850 - £1,500)
- O (£3,300 - £6,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0532-8120-5209-0677-1296)

## Description

A Bright and Spacious Two-Bedroom Apartment Overlooking Beautiful Communal Gardens set on the fifth floor with lift.

To the rear of the property lies a superb open-plan kitchen and reception room. This expansive living space is enhanced by full-width floor-to-ceiling sliding glass doors, which open onto a west-facing balcony and provide uninterrupted views over the manicured garden squares. The reception area easily accommodates a generous seating arrangement and dining area, while the contemporary kitchen is well-appointed with integrated appliances, ample cabinetry, and a sleek worktop finish—offering a perfect blend of style and functionality.

The property comprises two well-sized double bedrooms positioned at the front of the apartment, both benefitting from built-in wardrobes and direct access to a private balcony.

Cornwall Gardens is one of South Kensington’s most sought-after addresses, known for its elegant architecture and access to green spaces. The local area is rich with amenities, including world-class museums, renowned schools, boutique shops, and fine dining establishments. Kensington Gardens and Hyde Park are also within easy walking distance.

Selling your property in Cornwall Gardens? Trying to find your perfect home to buy? Register with **Chestertons South Kensington** to get the full picture from the experts in the South Kensington market. 

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (**S-ChestertonsAPAC**)

## Property Photos

- ![External](/listings/photos/161467130/1646979) - External
- ![Reception](/listings/photos/161467130/1646980) - Reception
- ![Bedroom](/listings/photos/161467130/1646981) - Bedroom
- ![property in Cornwall Gardens, 
South Kensington, SW7](/listings/photos/161467130/1646982) - property in Cornwall Gardens, 
South Kensington, SW7
- ![Bedroom](/listings/photos/161467130/1646983) - Bedroom
- ![Communal Gardens](/listings/photos/161467130/1646984) - Communal Gardens
- ![Reception](/listings/photos/161467130/1646985) - Reception
- ![Views](/listings/photos/161467130/1646986) - Views
- ![Picture No. 10](/listings/photos/161467130/1646987) - Picture No. 10
- ![Picture No. 14](/listings/photos/161467130/1646988) - Picture No. 14
- ![Picture No. 17](/listings/photos/161467130/1646989) - Picture No. 17
- ![Picture No. 19](/listings/photos/161467130/1646990) - Picture No. 19

## Floorplans

- ![Floorplan](/listings/photos/161467130/1646991) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/161467130/1646992) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 - 3 FLAT 15 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AJ | £1,070,000 | 30/09/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 51 FLAT 1 GLOUCESTER ROAD, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4QN | £725,000 | 15/01/2026 | Flat |
| 41 FLAT 3 ELVASTON PLACE, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 5NP | £885,000 | 12/12/2025 | Flat |
| 9 - 10 FLAT 2 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AL | £2,000,000 | 22/10/2025 | Flat |
| 75 FLAT D CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AZ | £810,000 | 10/09/2025 | Flat |
| 44 FLAT 5 ELVASTON PLACE, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 5NP | £1,530,000 | 29/11/2024 | Flat |
| ATHERSTONE HOUSE, 69A PENTHOUSE GLOUCESTER ROAD, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4QN | £2,075,000 | 15/03/2024 | Flat |
| 13 FLAT 4 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AN | £2,100,000 | 24/10/2023 | Flat |
| 49 FLAT 1 ELVASTON PLACE, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 5NP | £1,500,000 | 12/10/2023 | Flat |
| 51 4 GLOUCESTER ROAD, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4QN | £980,000 | 29/09/2023 | Flat |
| LOWER GROUND FLOOR, 53 FLAT A GLOUCESTER ROAD, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4QN | £665,000 | 21/08/2023 | Flat |
| 6 FLAT 5 SOUTHWELL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4SB | £1,200,000 | 02/08/2023 | Flat |
| 83 FLAT 7 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AY | £660,000 | 16/06/2023 | Flat |
| 8 FRONT BASEMENT FLAT CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AL | £600,000 | 28/04/2023 | Flat |
| 24 FLAT 3 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AW | £1,350,000 | 24/03/2023 | Flat |
| 77 FLAT 1 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AZ | £1,300,000 | 20/12/2022 | Flat |
| 10 GROUND FLOOR FLAT SOUTHWELL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4SB | £2,500,000 | 16/12/2022 | Flat |
| 8 FIRST FLOOR FLAT CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AL | £1,700,000 | 15/12/2022 | Flat |
| [Same street] 1 - 3 FLAT 16 CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AJ | £4,200,000 | 14/12/2022 | Flat |
| 87A CORNWALL GARDENS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4AY | £500,000 | 14/11/2022 | Flat |
| 53 FOURTH FLOOR FLAT GLOUCESTER ROAD, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4QN | £875,000 | 14/11/2022 | Flat |
| 13 ST STEPHENS WALK, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 4RP | £800,000 | 18/10/2022 | Flat |

**Street average:** £4,200,000 (1 sale)
**Area average:** £1,237,750 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £2,069,958 (60 Flat, SW7, 2024–2026)
- **Deviation:** -49.3%

## Rental Range

*ONS Price Index of Private Rents (Kensington and Chelsea). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £3,236/mo
- **Realistic:** £3,596/mo
- **Optimistic:** £3,956/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South East Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,047/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Cornwall Gardens, SW7 | £5,500/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Flat, Queen's Gate, SW7 | £8,500/mo | 2 | 0.2 miles | OpenRent |

**Average rent: £7,000/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £875,000
- **Target investor price (1%):** £700,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £7,000/mo).*

- **Gross yield:** 8%
- **Cost-to-rent:** 12.5×
- **Monthly cashflow:** £2,140/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £13,462/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -40.7%
- **10y growth:** -33.5%

## House Price Index (HM Land Registry)

*Official index for Kensington and Chelsea; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -9%
- **5y growth (index):** -4.2%
- **10y growth (index):** -12.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)