£175,000
Studio for saleEmbankment Gardens, Chelsea SW3
1 bath
1 reception
EPC Rating: D
Added on
About this property
First-floor studio with mezzanine sleeping area
Approx. 263 sq ft (24.4 sq m), excluding loft
Reception room 13'2" x 11'5" (4.02 x 3.48m)
Separate kitchen 6'9" x 6'0" (2.07 x 1.82m)
Bath with built-in shower
Close to the lift
Half-day porter
Period features and high ceilings
Vacant possession
Prime Chelsea address
A characterful first-floor studio in a handsome red-brick Victorian mansion block, on one of Chelsea's most sought-after tree-lined streets. Offered with vacant possession.
The bright reception room has high ceilings, original cornicing and tall sash windows looking out over mature trees. A timber ladder leads up to a built-in mezzanine sleeping platform, which frees up the floor below for living and dining. There's built-in storage, space for a table and seating, and plenty of natural light.
The separate kitchen has a hob, sink and space for a washing machine. The bathroom has a full-size bath with a shower unit built in over it, plus a WC and basin.
The flat is conveniently placed close to the lift, and the building has a half-day porter. The location is quiet and peaceful, a rare find in central Chelsea.
A strong opportunity for a cash buyer or investor looking to add value in a prime SW3 location. The lease is approximately 20 years, and the estimated premium to extend
A characterful first-floor studio in a handsome red-brick Victorian mansion block, on one of Chelsea's most sought-after tree-lined streets. Offered with vacant possession.
The bright reception room has high ceilings, original cornicing and tall sash windows looking out over mature trees. A timber ladder leads up to a built-in mezzanine sleeping platform, which frees up the floor below for living and dining. There's built-in storage, space for a table and seating, and plenty of natural light.
The separate kitchen has a hob, sink and space for a washing machine. The bathroom has a full-size bath with a shower unit built in over it, plus a WC and basin.
The flat is conveniently placed close to the lift, and the building has a half-day porter. The location is quiet and peaceful, a rare find in central Chelsea.
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers'commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services
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Tenure
Leasehold (20 years)
Service charge
£4,969 per year
Council tax band
C
Ground rent
£18
Ground rent date of next review
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