A superb and spacious lower ground floor flat of 1038 sq. Ft (96.43 sq. M) benefitting from an impeccable Kensington location which features a 26ft reception room with high ceilings, a modern kitchen/breakfast room and a very generous sized double bedroom. The apartment would make a wonderful London pied-a-terre and could, with the necessary consents, be converted to a 2-bedroom flat. Please note that property has a 37-year lease remaining but nb the incoming purchaser can be assigned the right (subject to contract) to extend by a further 90 years to provide a 127-year lease. The estimated cost of the lease extension is likely to be circa £260k to £290k (further information about the process of extending available upon request).
Accommodation comprises:
Reception room; Large double bedroom; Kitchen with dining area; Bathroom with separate shower cubicle; Lift; Caretaker.
Tenure: Leasehold. Circa 37 years remaining (nb the lease can be extended by a further 90 years – further information upon request).
Ground rent: £150 per annum
Service charge: £3,158.40 per annum
Reserve fund: £2,432.28 per annum
Council tax: £1,606 per year (Band E)
Local authority: The Royal Borough of Kensington and Chelsea
Price: Guide price £750,000 subject to contract