Description

An extremely spacious and bright two double bedroom flat located on the second floor of this charming building in the heart of Chelsea.

It has been recently refurbished to a high specification and the accommodation is cleverly arranged to provide practical family space. The Vale runs North/South between Kings Road and Elm Park Road and is a highly desirable tree-lined residential street.

Letting fees

Allowable Charges under the Tenant Fee Act 2019

Holding Deposit of 1 week's rent : Monthly/Quarterly etc rent in advance & utility bills : Tenancy Deposit of 5 or 6 weeks' rent depending on rental amount : Charge for lost key/security device-restricted to the reasonable cost of replacement : Charge to vary a Tenancy Agreement £50 inclusive of VAT
Charges for Non-Housing Act tenancy (over £100,000 pa or Company/Diplomatic let); Holding Deposit of 1 week's rent : Tenancy Deposit of 6 weeks' rent : Reference fee £42 inclusive of VAT : Tenancy Agreement & Administration fee £180 inclusive of VAT : Tenancy Renewal fee £90 inclusive of VAT : Change of Sharer or Addendum to the Agreement £120 inclusive of VAT : Inventory Check-Out fee-between £100 and £270 inclusive of VAT dependent on size of the property and furnishing
For all tenancies; A default interest charge of 3% above Bank of England Base Rate shall be applied when the rent is 14 days late or more

The Principal agent are members of The Property Ombudsman and arla's Client Money Protection Scheme

Property features

  • 2 bedrooms
  • En suite shower room
  • Shower room
  • Reception room
  • Kitchen
Travel time to work:

  • South Kensington - 0.97km, 14 mins walk
    • Circle
    • District
    • Piccadilly
  • Gloucester Road - 1.13km, 17 mins walk
    • Circle
    • District
    • Piccadilly
  • Imperial Wharf - 1.28km, 19 mins walk
    • Overground

Rental Yield

Average rental value

£828pw

Average weekly rent of nearby 2 beds.

Annual rental yield

2.0%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,557,120

Average asking price of nearby 2 beds.

Value for money

38% more expensive

This property is more expensive than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

Prime Portfolio
22 Grosvenor Gardens, London, SW1W 0DH

020 3463 0311

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