Guide price
£385,000
(£1,081/sq. ft)
Studio for saleSwan Court, Chelsea Manor Street, London SW3
1 bath
356 sq. ft
EPC Rating: D
Reduced on
About this property
Statutory Lease Extension in progress to 172 years lease Section 42 to be assigned to buyer on completion
Full Description
Investor & first-time buyer alert: 172-year extended lease
A fantastic opportunity to purchase a larger-than-average, 356 sq.ft. Studio flat on the first floor of this ever-popular mansion block in the heart of Chelsea. The vendor has officially initiated a statutory lease extension, bringing the total lease length up to an exceptional 172 years. The full benefit of this Section 42 Notice will be legally assigned to the buyer upon completion (i.e. Vendor will pay for the full costs of the lease extension), making the property fully mortgageable for all mainstream lenders.
The Property:-
The studio flat is presented in good decorative order throughout and enjoys ample natural light.
- Living Space: Features a double bed cleverly designed to fold away seamlessly against the wall, maximizing the living layout for entertaining and providing generous built-in storage.
- Kitchen & Bathroom: Offers a completely separate, fully fitted kitchen (including an integrated dishwasher) and a separate shower/utility room.
- Heating: Benefits from communal hot water and heating, the cost of which is fully included within the annual service charge.
The Building & Amenities:-
Swan Court has recently undergone an extensive upgrade and refurbishment programme. Residents benefit from:
- 24-hour uniformed porterage
- Brand new passenger lifts
- Upgraded CCTV coverage
- A newly installed, secure electronic key-fob entry system
The Location:-
Conveniently situated just south of the King's Road, Swan Court puts a premium selection of shops, bars, restaurants, and transport links right at your doorstep.
The beautiful open spaces of Battersea Park are just a 10-minute walk away across the iconic Albert Bridge, offering 200 acres of parkland, a stunning lake, and extensive sporting facilities.Key
Financial Information:
- Lease Term: 172 years upon completion (Section 42 assignment in progress)
- Service Charge: £3,400 per annum - includes communal heating and hot water)
- Council Tax: Band D (£1,569 per annum) **enquiries**
For all enquiries, viewing requests or to create your own listing please visit the Emoov website. If calling, please quote reference: S5411
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More information
Tenure
Leasehold (172 years)
Service charge
£3,400 per year
Council tax band
D
Ground rent
£5
Ground rent date of next review
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