New development for sale Palace Green, Kensington, W8

Guide price

£2,500,000

Reduced on 18/10/2026

New home

Type: New development
Bedrooms: Studio
Bathrooms: 1
Tenure: Leasehold; 140 years left(from the agent's description)

No ground rent (peppercorn)

* From the agent's description. Check it with them before you rely on it.

Key features

Prestigious gated development on Kensington Palace Gardens with 24/7 security and concierge service
Exceptionally rare collection of residences within a restored Grade II* listed landmark building
Images are for indicative purposes only and not to be relied upon
Interior design by internationally acclaimed Martin Kemp Design
Private landscaped gardens designed by Randle Siddeley
Impressive ceiling heights, restored period features and bespoke craftsmanship throughout
Crestron home automation, Lutron lighting and integrated smart home technology
Prime Kensington location close to Kensington Palace, Hyde Park and world class cultural landmarks

About this property

One Palace Green offers ultra luxury residences on Kensington Palace Gardens, with concierge, private gardens, restored Grade II* architecture and 24/7 security. One Palace Green represents one of London's most exclusive residential opportunities, discreetly positioned on the prestigious Kensington Palace Gardens behind private gates and 24/7 security.

Council tax

Ask agent

Per year

Band A

£700
Band B

£816
Band C

£933
Band D

£1,050
Band E

£1,283
Band F

£1,516
Band G

£1,749
Band H

£2,099

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Westminster, 2026/27 bills run from £700 a year in band A to £2,099 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Westminster, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Reduced

October 2026 £2,500,000

Was £19,500,000
Listed

September 2026 £19,500,000

1 bath · this listing

Location

Palace Green, Kensington, W8

Open map Street View

Mortgage and stamp duty

Property price £2,500,000

£1.3m £3.8m

Deposit10% £250,000

£0 £2.5m

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £2,250,000 mortgage. Most lenders would want a household income of about £500,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Second Floor Flat, 1, Palace Green Flat / maisonette	Flat / maisonette	Jan 2020	2,454 sq ft £815/sq ft	2,454 sq ft	£815	£2,000,000
Ground Floor Flat, 1, Palace Green Flat / maisonette	Flat / maisonette	Jul 2015	2,454 sq ft £1,222/sq ft	2,454 sq ft	£1,222	£3,000,000
Lower Ground Floor Flat, 1, Palace Green Flat / maisonette	Flat / maisonette	Jul 2015	2,454 sq ft £448/sq ft	2,454 sq ft	£448	£1,100,000
Flat 1, 1, Palace Green Flat / maisonette	Flat / maisonette	Apr 2013	2,454 sq ft £1,548/sq ft	2,454 sq ft	£1,548	£3,800,000
Second Floor Flat, 1, Palace Green Flat / maisonette	Flat / maisonette	Nov 2012	2,454 sq ft £1,345/sq ft	2,454 sq ft	£1,345	£3,300,000
10, Palace Green Detached	Detached	Jul 1998	n/a	n/a	n/a	£20,000,000