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£5,000,000 Guide Price
Bedrooms
Bathrooms
Set on a fine Late Georgian terrace, this impressive five storey Freehold family home, built circa 1800, with the house being dramatically transformed between 2010-2011 into an excellent family residence. Now offering over 3088 Sq.Ft. with five bedrooms and an extension that runs from the lower ground floor to the first floor with the principal bedroom suite occupying this upper level.
The property is accessed with a ground floor entrance that leads to a formal reception room via a hidden loft-style door. Featuring interconnecting dual-aspect rooms with high ceilings and access to the lower ground floor, this space offers a unique opportunity for modern living behind a period facade. Additionally, at the rear of the floor, there is a study or potential sixth bedroom.
The lower ground floor hosts the kitchen breakfast room, with a central console made from one piece of blue Brazilian marble. Opaque glazed sliding doors leads to an extensive family room, which can be dual purposed for guest dining and entertaining.
In 2010, a significant renovation project was undertaken, involving the excavation of the lower ground floor to create 10ft high ceilings. The goal was to enhance natural light and create a warm, balanced living space.
Throughout the property, a reconfiguration of the internal layout has now produced five bedrooms on the upper floors, with the principal bedroom suite situated over the entire first floor. The suite comprises a bedroom to the front, a walk-through en-suite bathroom, and a dressing room with a walk-in wardrobe to the rear. Each area is divide by sliding doors.
The internal layout design has successfully enhanced the volume, featuring a reconstructed stairwell on all levels. The house boasts double glazed sash windows throughout and underfloor heating. All lighting is controlled by central comms room system.
Four additional bedrooms and two further bathrooms are set on the second and third floors, dedicated to family living or guests.
The outside space takes an elevated position, offers the perfect setting for alfresco dining during the warmer summer months. A large pivot door reveals a serene patio garden with white porcelain tiles, extending the area into a light-filled enclave. Enjoy maximum sunlight in the upper area of the staggered-level patio.
Moments from the hotspots of West London, Smith Street is a prime residential address in cosmopolitan Chelsea, principally made up of family houses, it boasts splendid Late Georgian architecture and a peaceful atmosphere. Situated in the Royal Hospital conservation area, this esteemed location stretches from the quintessential Kings Road to the River Thames.
A distinguished set of private and public garden squares, including Burton Court, and green open spaces are on your doorstep, along with Battersea Park and the River Thames.
Home to the prestigious Chelsea Flower Show, Chelsea Psychic Gardens, and the iconic Saatchi Gallery, with the newly opened Battersea Power Station complex just a short walk away. You can also explore design led retailers, renowned restaurants, cafs, galleries, and boutiques in this affluent area.
Transport connections are outstanding, with Sloane Square being the nearest London Underground Station, leading to Victorias Railway terminus, South Kensington station with Piccadilly, District and Circle Line services and access to the M3 & M4.
Offered to the market Chain Free
Tenure: Freehold
Council Tax Band: H
Local Authority: Royal Borough of Kensington & Chelsea
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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