46 Draycott Place, Chelsea, 46 Draycott Place, London, SW3 2SA

Key features

• A rare opportunity to acquire a luxury C1 serviced apartment block in the heart of Chelsea, just moments from Sloane Square
• Comprising 8 self-contained studio, one and two bedroom apartments, each fully furnished to a high contemporary standard.
• The building spans 4,682 sq ft (GIA) across lower ground, ground, and three upper floors.
• The property is fully let to Estage Group Limited on a term of 2 years 10 months from 31st December 2024 and is operated as a high-end serviced apartment asset.
• It generates a rental income of £216,000 per annum until 30 November 2025, increasing to £226,800 per annum until 30 November 2026, and rising further to £238,140 per annum until 30 November 2027.
• The lease includes annual mutual break clauses exercisable with three months’ notice, allowing the purchaser to either continue benefiting from the existing income or owner operate
• Located within immediate proximity to Knightsbridge, Sloane Square, Sloane Street, and King’s Road – offering unrivalled access to London's most exclusive retail and lifestyle amenities.
• Price is £6,250,000 (Six Million Two Hundred And Fifty Thousand Pounds), reflecting a capital value of £1,334 per sq ft on the GIA for the Freehold interest.