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Chelsea, SW10 – A unique selection of luxury apartments within a prime Chelsea location

Bolton Studios, 17B Gilston Road, Chelsea, London, SW10 9SJ

Offers in excess of £12,000,000

Property Type:
Residential
Sub Type:
Block of Flats
Tenure:
Leasehold

Lease Term

Each apartment is to be held on a new 999 year lease with a ground rent of £450 (one bed) and £700 (two bed) per annum. The total service charge payable (inclusive of Building Insurance) by all 11 apartments will be in the region of £54,000.

Description

  • 11 individual leasehold apartments comprising 10 x one bed and 1 x two bed
  • To be sold on new 999 year leases
  • Asking price represents a significant discount to historic sales
  • Refurbished to a high specification
  • All apartments to be offered with Vacant Possession
  • Estimated Rental Value (if fully let): £420,000 per annum
  • Gross Internal Area of apartments (excluding common parts): 804.5 sqm (8,658 sqft)
  • Located within a prime residential location in the Boltons Conservation Area in Chelsea
  • Historic sales within the block as much as £2,364 per sqft and averaging £1,936 per sqft
  • Offers for individual parcels of apartments will also be considered

Subject to contract