Meriden Court, London

CASH BUYERS ONLY

With approximately 7 years unexpired on the lease, this generously proportioned studio flat is superbly positioned with attractive views over the gardens of St Lukes Church. The property benefits from a separate sleeping area off the main reception room and, subject to the usual consents, we believe there is potential to reconfigure the layout to create a charming one-bedroom apartment.

Chelsea Manor Street runs south from Britten Street and St Lukes Gardens towards Chelsea Embankment Gardens, ideally located to take full advantage of the world-class amenities, restaurants and boutiques of the Kings Road and surrounding Chelsea area.

The flat is situated within a well-managed Art Deco mansion block benefiting from a lift, caretaker and porter services.

We understand that the premium for a statutory 90-year lease extension may be in the region of £350,000 based upon recent negotiated lease extensions within the building. However, buyers must rely on their own independent legal and valuation advice in this regard.

The apartment offers an incoming purchaser with an excellent opportunity to modernise and add value whilst securing a prime Central London address in SW3.

Annual Service Charge (including Ground Rent and Hot Water): Approximately £4,500 per annum.

Key Features:

Prestigious Chelsea Art Deco mansion block with lift and porter/caretaker
Ground floor studio apartment with built-in storage
Attractive outlook over St Lukes Church gardens
Well maintained throughout with scope to modernise and add value
Potential to reconfigure into a one-bedroom apartment (subject to consents)
Moments from Kings Road, Brompton Cross and South Kensington
Excellent access to Sloane Square and South Kensington Underground stations
Ideal pied-à-terre, London base or investment opportunity