Semi-detached house for sale in Cheyne Place, London SW3

Strapline

Auction Sale - 24/01/2024

by order of executors - Of interest to developers, investors and occupiers, a rarely available pair of adjacent freehold buildings facing the Chelsea Physic Garden and with far reaching views from the upper floors. Arranged as 10 self-contained flats - two flats vacant (including unique penthouse), one flat subject to an assured shorthold tenancy and seven flats let on long leases (two less than 100 years). Generous rear garden. Air space with development potential (subject to requisite consents).

Description

The property comprises a pair of part-adjoining original town houses, each arranged on raised ground, lower ground and four upper floors, which have since been converted into ten self-contained flats. The fourth floor extends in part over 1 Cheyne Place. This fourth floor (penthouse) unit benefits from separate access via stairs through 1 Cheyne Place and a lift from the ground floor lobby. On the ground floor there is a studio room off the entrance hall and a bathroom opposite under the stairs. The airspace is included and offers the potential for the creation of an additional floor or roof extension (subject to all requisite consents). The penthouse is particularly unique having a large balcony overlooking Chelsea Physic Garden and enjoying panoramic views from the City to the east to Fulham to the west. To the rear there is an unusually large garden with a separate gated access from Christchurch Street.

Location

The properties are located on Cheyne Place close to the junction with Christchurch Street, opposite the entrance to Chelsea Physic Garden and accessed from Royal Hospital Road. Located in the heart of Chelsea, the buildings are within extremely close proximity to the River Thames being located between Albert and Chelsea Bridges. Local amenities are available nearby on Royal Hospital Road. Kings Road and Fulham Road provide an excellent range of shops, restaurants, pubs and bars. More recreational amenities are on offer throughout Chelsea and Battersea Park provides recreational open space.

Transport

Chelsea Embankment (A3212) provides access via Finborough Road (A3220) to West Cromwell Road (A4) linking west to the North Circular Road (A406), the M4 and M40. Underground services (Circle and District Lines) are available from Sloane Square.

Tenancy

Flat 4 is subject to an assured shorthold tenancy holding over at a rent of £1773,66 per month (£21,283.92 per annum equivalent)

Flats 2 and 8 will be offered with vacant possession.

The remaining seven flats (1,3,3A, 5,5A, 6 and 7) are offered let on leases Of these, two are reversionary. Flat 3A expires on 11 August 2077 and flat 7 expires on 24 June 2111.

Accommodation

Flat 2, Raised Ground Floor - Approx. Gia 57.3 sq m (617 sq ft) Reception room including galley kitchen, bathroom with bed platform above

Flat 4, First Floor - Approx. Gia 55.37 sq m (596 sq ft) Entrance hall, reception room with kitchen off, bedroom, bathroom

Flat 8, Fourth Floor - Approx. Gia 210.6 sq m (2267 sq ft) Entrance are accessed from the lift, reception room /dining room with access to balcony, further reception room, 4 bedrooms, 2 bathrooms, utility room. Separate entrance from 1 Cheyne Place.

By Order

By order of executors