Affordable entry to central Chelsea with concierge and local shops nearby.
- 25% shared ownership; monthly rent approx £943.61
- Apartment size 485 sq.ft (45.05 sq.m), one double bedroom
- Open-plan reception with Juliette balcony; partial river views
- On-site Sainsbury’s, coffee shop, Purple Dragon kids club and crèche
- 24-hour concierge; community heating and boiler cover included
- Service charge approx £376.89 pcm; subject to annual review
- Leasehold with approx 112 years remaining; EPC rating B
- Area: excellent transport links, but pockets of deprivation and average crime
Set within the well-managed Grosvenor Waterside development, this one-bedroom apartment offers an affordable route into Chelsea via a 25% shared ownership share. The open-plan living room with Juliette balcony brings in natural light and offers partial river views, while a modern fitted kitchen and built-in bedroom storage keep the layout efficient for city living.
Practical running costs are clear: an EPC B rating, 24-hour concierge, and on-site amenities including Sainsbury’s Local, a coffee shop and a creche. Service charges cover hot and cold water plus community heating and boiler cover, simplifying monthly bills for a busy first-time buyer.
Important considerations: this is a leasehold shared-ownership sale (25% share) with an approximate rent of £943.61 pcm and an annualised service charge around £376.89 pcm (subject to review). The tenure has about 112 years remaining. The apartment is modest in size (485 sq.ft) and best suited to single buyers or couples seeking a central, low-maintenance city base rather than a large family home.
Location is a strong selling point — walking distance to Sloane Square and Victoria stations and close to restaurants and shops — but the wider area shows pockets of deprivation and average crime levels. For a first-time buyer prioritising London access, modern finishes and convenience, this property presents a practical, lower-entry option into a desirable postcode, provided you are comfortable with shared ownership and the ongoing service charges.
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