Home > Auctions > 6 February 2024 06 February 2024 - 9:00am > Lot 25

6 February 2024: Tuesday 06 February 2024 - 9:00am
Return to catalogue   Previous lot Next lot 
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan

Property details

Contact an agent

    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • BY ORDER OF EXECUTORS
    • Of interest to investors, developers and occupiers
    • Two freehold adjacent residential buildings
    • Comprising 10 self-contained flats
    • Two vacant flats - including the penthouse flat which extends to approx. 208.7 sq m (2246 sq ft) GIA with spacious balcony enjoying panoramic views over the Thames
    • Lift to the penthouse flat
    • One flat subject to an assured shorthold tenancy and seven let on leases (two having less then 100 years unexpired)
    • Generous rear garden with separate side access
    • Airspace included over 3 and 5 Cheyne Place and offering development potential (subject to requisite consents)

    Description

    The property comprises a pair of part-adjoining original town houses, each arranged on raised ground, lower ground and four upper floors, which have since been converted into ten self-contained flats. The fourth floor extends in part over 1 Cheyne Place. This fourth floor (penthouse) unit benefits from separate access via stairs through 1 Cheyne Place and a lift from the ground floor lobby. On the ground floor there is a studio room off the entrance hall and a bathroom opposite under the stairs. The airspace is included and offers the potential for the creation of an additional floor or roof extension (subject to all requisite consents). The penthouse is particularly unique having a large balcony overlooking Chelsea Physic Garden and enjoying panoramic views from the City to the east to Fulham to the west. To the rear there is an unusually large garden with a separate gated access from Christchurch Street.

    Additional information

    Tenure

    Three Freehold Titles

    In addition Three Leasehold Titles, one with Share of Freehold in 1 Cheyne Place, are included in the sale

    Please refer to the legal pack for further information

    Accommodation

    Flat 2, Raised Ground Floor - Approx. GIA 57.3 sq m (617 sq ft) Reception room including galley kitchen, bathroom with bed platform above


    Flat 4, First Floor - Approx. GIA 55.37 sq m (596 sq ft) Entrance hall, reception room with kitchen off, bedroom, bathroom


    Flat 8, Fourth Floor - Approx. GIA 210.6 sq m (2267 sq ft) Entrance are accessed from the lift, reception room /dining room with access to balcony, further reception room, 4 bedrooms, 2 bathrooms, utility room. Separate entrance from 1 Cheyne Place.

    Tenancy

    Flat 4 is subject to an assured shorthold tenancy holding over at a rent of £1773,66 per month (£21,283.92 per annum equivalent)

    Flats 2 and 8 will be offered with vacant possession.

    The remaining seven flats (1, 3, 3A, 5, 5A, 6 and 7) are offered let on leases. Of these, two are reversionary. Flat 3A expires on 11 August 2077 and flat 7 expires on 24 June 2111.

    Notes

    • The lessees have not nominated a purchaser under the Landlord and Tenant Act 1987
    • There are various items of furniture in the building which are included in the sale


    Flat 2 Virtual Tour


    Flat 8 Virtual Tour

      • View Virtual Tour

        Play

      Contact

        Arrange a viewing

        Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

        Please select a time from the options below

        All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

        Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

        Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

        No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

        There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

        Savills is a trading name of Savills plc. Savills is committed to ensuring that your privacy is protected. This privacy policy explains how we use the information we collect about you, how you can instruct us if you prefer to limit the use of that information and procedures that we have in place to safeguard your privacy

        Local information

        The properties are located on Cheyne Place close to the junction with Christchurch Street, opposite the entrance to Chelsea Physic Garden and accessed from Royal Hospital Road. Located in the heart of Chelsea, the buildings are within extremely close proximity to the River Thames being located between Albert and Chelsea Bridges. Local amenities are available nearby on Royal Hospital Road. Kings Road and Fulham Road provide an excellent range of shops, restaurants, pubs and bars. More recreational amenities are on offer throughout Chelsea and Battersea Park provides recreational open space.

        Transport

        Chelsea Embankment (A3212) provides access via Finborough Road (A3220) to West Cromwell Road (A4) linking west to the North Circular Road (A406), the M4 and M40. Underground services (Circle and District Lines) are available from Sloane Square.

        Legal documents

        Login to view legal documents

        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

        Buying a property Common auction conditions Auction notices

        Addendums