Summary - 55B DRAYCOTT PLACE LONDON SW3 3DB
2 bed 2 bath Apartment
First-floor flat with balcony and strong location for cash buyers or renovators.
- South-facing private balcony with sunny aspect
- Direct lift access to first-floor apartment
- Two double bedrooms, two bathrooms (one en suite)
- Dated condition; requires full refurbishment
- Short lease (~61–62 years) may hinder mortgage lending
- High service charge £5,806 per year
- Ground rent £500 per year
- Prime Chelsea location near Sloane Square and King's Road
A well-located two-bedroom, two-bathroom first-floor apartment in the heart of Chelsea, arranged around a traditional layout with high ceilings and period details. The reception room opens to a south-facing private balcony, and the building benefits from direct lift access—features that support strong rental appeal or a comfortable central London pied-à-terre.
The flat is presently dated and in need of full refurbishment; a thorough modernisation would significantly increase capital and rental value given the postcode and nearby amenities. Accommodation includes two double bedrooms with built-in storage, an eat-in kitchen and a principal bathroom plus en suite, arranged over about 659 sq ft of living space.
Important buyer information: the property is leasehold with only around 61–62 years remaining. This short lease is likely to restrict mortgage lending and will materially affect valuation; buyers should seek specialist lease advice and check lender criteria. Service charges are above average at £5,806 pa and ground rent is £500 pa.
For cash buyers or those able to extend the lease, the location—minutes from Sloane Square and King’s Road with excellent local transport, schools and shops—offers strong long-term upside. The apartment suits an investor or buyer prepared to renovate and manage the lease-extension process to unlock its full potential.
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