Summary - SLOANE AVENUE MANSIONS FLAT A16 SLOANE AVENUE LONDON SW3 3JF
1 bed 1 bath Studio
Long-lease SW3 studio — income-producing with refurbishment potential.
Raised-ground studio with separate kitchen and bathroom
A compact raised-ground studio in Sloane Avenue Mansions, offered with a long lease (share of freehold). The flat has a separate kitchen and bathroom, double glazing and benefits from communal hot water and heating, a porter and laundry room. It currently produces rental income of £460pw (gross yield approx. 5.6% at the guide price).
This apartment is best suited to investors or a single buyer seeking a central Chelsea pied-à-terre. The building’s Art Deco character and central SW3 location put shops, restaurants and transport (Sloane Square, South Kensington) within easy reach, supporting ongoing rental demand.
Material considerations are clear: the studio needs renovation and internal storage is limited. Service charges average £2,552pa and the property runs on a community heating/hot-water scheme, which limits individual control and can affect costs. The neighbourhood records above-average crime and higher area deprivation metrics, which buyers should factor into rental and resale expectations.
On the positive side, the long lease (circa 908 years), small ground rent (£20pa) and share of freehold reduce tenure risk. For an investor, the current let provides immediate income; for an owner-occupier, there is scope to add value through refurbishment and smart space planning.
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