Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 1

Agent: Onslows - Chelsea Phone: 020 8115 0819

CASH BUYERS ONLY<br/><br/>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.<br/><br/>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.<br/><br/>The flat is situated within a well-managed Art Deco mansion block benefiting from a lift, caretaker and porter services.<br/><br/>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.<br/><br/>The apartment offers an incoming purchaser with an excellent opportunity to modernise and add value whilst securing a prime Central London address in SW3.<br/><br/>Annual Service Charge (including Ground Rent and Hot Water): Approximately £4,500 per annum.<br/><br/>Key Features:<br/><br/> Prestigious Chelsea Art Deco mansion block with lift and porter/caretaker<br/> Ground floor studio apartment with built-in storage<br/> Attractive outlook over St Lukes Church gardens<br/> Well maintained throughout with scope to modernise and add value<br/> Potential to reconfigure into a one-bedroom apartment (subject to consents)<br/> Moments from Kings Road, Brompton Cross and South Kensington<br/> Excellent access to Sloane Square and South Kensington Underground stations<br/> Ideal pied-à-terre, London base or investment opportunity<br/><br/><br/>