Central Chelsea studio with refurbishment potential for cash buyers or investors.
Sixth-floor studio in portered block with two lifts
Moments from Sloane Square Tube, shops and restaurants
Separate kitchen, hallway and bathroom; needs modernisation
Lease approx. 77 years — likely blocks standard mortgages
Service charge £4,120 pa; ground rent £50 pa
Electric room heating; EPC rating D — energy upgrade needed
Chain free sale; council tax band D
Located in area with very high recorded crime rates
Set on the sixth floor of a portered block moments from Sloane Square, this studio offers a rare central Chelsea location for a cash buyer or investor. The building benefits from concierge, two lifts and street-facing windows overlooking Lower Sloane Street.
The flat has a separate kitchen, bathroom and a single main living/bedroom space. It requires modernisation throughout, giving scope to update fixtures, layouts and finishes to increase rental yield or resale value.
Important practical considerations: the lease has approximately 77 years remaining, which is low for mortgage lenders and may prevent standard lending; this is effectively a cash-or-specialist-mortgage purchase. Service charges are high and heating is electric with room heaters, so running costs and energy efficiency should be reviewed.
This property suits buyers prioritising location and redevelopment potential in Chelsea — buyers should factor in refurbishment costs, lease-extension expense, and potential lender limitations before committing.
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