ROI = 5% BMV = 6.34%
Description

This large two-bedroom apartment offers great potential to be modernised and updated. It has fantastic location, an off street allocated parking space, 24 hour concierge, lift access and previously achieved a rental value of £3500 per calendar month in current condition. Boasting large windows, the property enjoys abundant natural light and a tranquil position within the building on the third floor. The reception room has solid parquet flooring and a separate kitchen with access to the balcony. There would be the possibility to open up the kitchen to offer modern open plan kitchen and dining. There are two double bedrooms currently with built in wardrobes which could be removed and updated if desired. There is a family bathroom and second toilet. Residents of Pier House benefit from 24-hour concierge services, a secure underground parking space with potential for electric vehicle charging installation, and access to a beautifully maintained communal garden. Pier House enjoys an enviable location just off Cheyne Walk, offering easy access to Chelsea Embankment, Battersea Park, and a host of cultural landmarks such as the Natural History Museum and the V&A. Sloane Square, with its excellent transport links via the District and Circle lines, is nearby, alongside a vibrant selection of shops, restaurants, and bars. The TFL River Bus at Cadogan Pier provides a convenient alternative for commuting to Blackfriars and beyond. Material Information Local Authority: Royal Borough of Kensington and Chelsea Utilities at Property: TBC Parking: Underground parking space Rights: TBC Restrictive Covenants: TBC Live Planning Permission: TBC Known Damp/Flooding Issues: TBC Known Cladding/Construction Issues: TBC

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Property Details
  • Property ID: 156254495
  • Added On: 2025-02-18
  • Deal Type: For Sale
  • Property Price: £1,150,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Private Balcony & Secure Parking Included
  • 24-Hour Concierge
  • Parking & Communal Garden
  • Bright Interiors
  • Tranquil Third-Floor Position
  • Prime Chelsea Location Near Cultural Landmarks
  • Spacious Apartment With Modernisation Potential
  • Proven Rental Income Of £4,000/month
  • Lift Access