Sold STC Mews

62A

PRINCES GATE MEWS, LONDON, GREATER LONDON SW7 2PP

2 beds Listed 17 Feb 2010 (-5960d)

£1,495,000

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# 2 bedroom mews property for sale (SW7 2PP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 62A, PRINCES GATE MEWS, LONDON, GREATER LONDON SW7 2PP |
| Price | £1,495,000 |
| Bedrooms | 2 |
| Last sold | £1,430,000 Sep 2010 |

## Description

A charming two bedroom three storey house in this quiet residential mews. The property

features a spacious ground floor reception room opening to the kitchen, a large storage room, two bedrooms, a bathroom, guest WC and a bright top floor reception room with a roof terrace (planning permission has been granted to build out on to the terrace).

## Property Photos

- ![Photo](/listings/photos/24886216/511884)
- ![Photo](/listings/photos/24886216/511887)
- ![Photo](/listings/photos/24886216/511892)
- ![Photo](/listings/photos/24886216/511893)
- ![Photo](/listings/photos/24886216/511896)
- ![Photo](/listings/photos/24886216/511903)
- ![Photo](/listings/photos/24886216/511908)
- ![Photo](/listings/photos/24886216/511911)
- ![EPC](/listings/photos/24886216/511919) - EPC

## Floorplans

- ![Floorplan 1](/listings/photos/24886216/511924) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 62A PRINCES GATE MEWS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 2PP | £1,430,000 | 06/09/2010 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 63 - 64 PRINCES GATE MEWS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 2PP | £6,200,000 | 05/07/2023 | Other |
| 53 PRINCES GATE MEWS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 2PR | £6,200,000 | 05/07/2023 | Other |

**Street average:** £6,200,000 (1 sale)
**Area average:** £6,200,000 (1 sale)

## Price vs local average

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

- **Local average:** £1,316,250 (4 Other, SW7, 2024–2026)
- **Deviation:** +13.6%

## Rental Range

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

- **Low:** £3,237/mo
- **Realistic:** £3,597/mo
- **Optimistic:** £3,957/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, South Kensington, SW7 | £3,550/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £3,550/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.24% (weak for cashflow)
- **Max investor price (0.8%):** £443,750
- **Target investor price (1%):** £355,000

*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 £3,550/mo).*

- **Gross yield:** 2.8%
- **Cost-to-rent:** 35.1×
- **Monthly cashflow:** £-2,717/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -7.5%

*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).*

## Capital growth trend

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

- **5y growth:** 156.4%

## House Price Index (HM Land Registry)

*Official index for Kensington and Chelsea; All dwelling types series; as of March 2026.*

- **1y growth (index):** -7.4%
- **5y growth (index):** -5.1%
- **10y growth (index):** -11.9%

## 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)

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 EPC

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Property details

Last sold

£1,430,000 Sep 2010

Local average

£1,316,250 (+13.6%)

Deprivation

Decile 7 (21,852 of 33,755)

Street crime

935 incidents within 1 mile (Apr 2026)

Key features

Reception Room
Dining Room
Kitchen
2 Bedrooms
Bathroom
Study
Guest Cloakroom
Roof Terrace

Description

A charming two bedroom three storey house in this quiet residential mews. The property
features a spacious ground floor reception room opening to the kitchen, a large storage room, two bedrooms, a bathroom, guest WC and a bright top floor reception room with a roof terrace (planning permission has been granted to build out on to the terrace).

Listed by

Knightsbridge

Countrywide Hamptons Sales - Connells

Reference: 24886216

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	06/09/2010 (15 years ago)	£1,430,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 63 - 64 PRINCES GATE MEWS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 2PP	£6,200,000	05/07/2023	Other
53 PRINCES GATE MEWS, LONDON, KENSINGTON AND CHELSEA, GREATER LONDON, SW7 2PR	£6,200,000	05/07/2023	Other

Street average: £6,200,000 (1 sale)

Area average: £6,200,000 (1 sale)

Capital growth trend

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

5y growth 156.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Kensington and Chelsea. Series: All dwelling types. As of March 2026.

1y (index) -7.4%

5y (index) -5.1%

10y (index) -11.9%

Rental Range

Estimated market rent for Kensington and Chelsea. Low = conservative, Realistic = average, Optimistic = best case.

Low £3,237/mo

Realistic £3,597/mo

Optimistic £3,957/mo

Based on Local Authority from postcode lookup → Kensington and Chelsea.

LHA (30th percentile) floor for South East Herts: £1,047/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SW7 2PP

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	South Kensington Museums	0.1 miles
Shop	Essentials	0.1 miles
Shop	V&A Bookstore	0.1 miles
Train station	South Kensington	0.3 miles
Train station	Knightsbridge	0.5 miles
University	National Heart and Lung Institute	0.8 miles
University	BIMM Institute London	1.7 miles
Hospital	Bridge Lane Health Centre	1.8 miles
Hospital	The Portland Hospital	2.1 miles

Street-level crime

Category	Count
Anti-social behaviour	163
Other theft	158
Violence and sexual offences	156
Shoplifting	100
Vehicle crime	85
Theft from the person	84
Public order	57
Burglary	32
Drugs	31
Criminal damage and arson	26
Bicycle theft	17
Robbery	16
Other crime	9
Possession of weapons	1
Total incidents	935

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Brighton College Prep Kensington	Other	0.1 miles	— (No rating)
Royal College of Music	Other	0.2 miles	— (No rating)
Lycee Francais Charles de Gaulle	Other	0.3 miles	Inadequate — 22 Jan 2023
Imperial College of Science, Technology and Medicine	Other	0.3 miles	— (No rating)
Royal College of Art	Other	0.3 miles	— (No rating)

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, South Kensington, SW7	£3,550/mo	2	0.34 miles	OpenRent

Average rent: £3,550/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.24%

Max investor price (0.8%) £443,750

Target investor price (1%) £355,000

Gross yield 2.8%

Cost-to-rent ratio 35.1×

Monthly cashflow £-2,717/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -7.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).