Lot 01 - Flat 5, 1-2 Embankment Gardens, Chelsea, London, SW3 4LH

  • Unconditional Online Auction Sale
  • Guide Price* : Starting bid: £280,000

Short lease studio apartment with separate kitchen and bathroom with mezzanine level, in highly desirable location opposite Chelsea Embankment with views over private gardens to the rear. Close proximity to The Lister and Royal Chelsea Hospital as well as Sloane Square Underground Station.

Description

Situation & Description

This well equipped studio apartment extends to 276sqft (25.6sqm) and would make the perfect first time buy, investment flat, weekend pad or pied-a-terre offering a good sized studio room with high ceilings and mezzanine sleeping area, separate modern fitted kitchen and bathroom (both with windows) and excellent views to the rear over private gardens giving a high degree of privacy.

Embankment Gardens is a charming crescent situated just off Chelsea Embankment, close to the Chelsea Physic Garden, Battersea Park and the open green spaces of the Royal Hospital. The King's Road offers a wide variety of local and international shops, bars and restaurants. Sloane Square Underground Station (Circle & District line) is 0.5 miles away and the river taxi service from Battersea Power Station is nearby giving access to London Bridge City in 30 minutes.

The lease is 69 years from 23rd June 1977 and expires on 28th September 2046 thus having just under 26 years remaining with a ground rent of £18 per annum and service charge of £200 per calendar month.

Auction Details
The lot is to be sold by online auction on Wednesday 28th October at 8pm (bidding opens on Tuesday 27th October at 12pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £2,400 (inc of VAT).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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1-2 Embankment Gardens, SW3

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1-2 Embankment Gardens, SW3

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