168 Chelsea Cloisters, Sloane Avenue, London, SW3 3DR

£400,000 Guide Price
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A Leasehold One-Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing Approximately £19,020 Per Annum.

Leasehold. Held on a lease for a term of 125 years from 24 June 1985, with 91 years remaining on the lease.
(The flat is subject to an Assured Shorthold Tenancy with two months’ notice to be given by either the landlord or the tenant.)

This well-presented flat is situated within Chelsea Cloisters, a portered building with various onsite facilities. Sloane Avenue is located in the heart of central London within the sought after district of Kensington and Chelsea. The area boasts with a variety of exclusive shops, bars and restaurants within close proximity. The area offers a wide range of recreational pursuits, including Hyde Park, various museums and the Saatchi Gallery.
Public transport links include South Kensington and Sloane Square Underground Stations.

The property comprises of a 32.5 SQM one-bedroom first floor flat in a building over nine floors. It is located to the rear of the building overlooking the internal courtyard.
Ground Rent - £132 per annum.
Service Charge - Approximately £2282.37 every six months.

First Floor: Reception/Dining Room, Kitchen, One Bedroom, Bathroom/WC.

Refer to Auctioneer.
Definition of Guide Prices:

The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.

Definition of Reserve Price:

The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.

View Common Auction ConditionsImportant Notes to Prospective Buyers