12 bed block of flats for sale

Draycott Place, London, Chelsea SW3, United Kingdom

Description

Draycott Place is a prestigious residential block comprising 11 elegant lateral homes — including a two-bedroom flat and 10 studio apartments. It is an exceptional opportunity for discerning investors or developers to acquire a collection of pieds-à-terre that deliver architectural finesse, functionality, and promising investment value. Currently rated as a 'Self-Catering Holiday Unit and Premises', the building offers strong short- and long-term rental potential. For developers, it presents the chance to refurbish an architecturally striking redbrick building, with scope to convert into multiple larger apartments subject to planning permission.

The lower ground floor two-bedroom apartment benefits from its own private entrance and features two charming patios, including one accessible directly from the reception room. The further 10 studios are spread across the ground, first, second, third, and fourth floors. The ground and first floor flats enjoy high ceilings, while all residences are defined by sleek interiors and well-appointed kitchens. All floors are serviced by a lift.

These apartments are highly coveted addresses, both as short and long lets, thanks to their unrivalled location and thoughtfully configured layout.

Holding a prime position near Sloane Square, residents will enjoy the privilege of living by one of London’s most iconic luxury retail destinations, with flagship designer boutiques and five-star restaurants just minutes from their doorstep. The sought-after neighbourhoods of Knightsbridge and Chelsea are located within strolling distance.