Lot 29
    Terraced
    19 Kinnerton Street
    Knightsbridge, London, SW1X 8EA
    Sold after auction for £1,250,000
     
    Number 1
    A Well Located Two Bedroom Mid Terrace Three Storey Townhouse Offered with Vacant Possession. Potential for of the Existing Top Floor to Provide Further Bedrooms and Accommodation (Subject to Obtaining all Relevant Consent).

    Description

    The property comprises a large two bedroom mid terrace townhouse measuring 1,645 sq ft arranged over ground and two upper floors with the second floor currently arranged as a large studio room occupying all of the floor. This could be converted to provide further accommodation and is subject to a covenant cost to the freeholder (please see legal pack).

    Tenure

    Leasehold. The property is held on a 99 year lease from 1937 (thus approximately 17 years unexpired). A lease extension to 999 years has been exchanged with the freeholder at a cost of £1.26m and the vendor has paid a deposit of £43,474. The buyer will only need to pay the balance.

    Location

    The property is situated in a highly sought after area between Knightsbridge and Belgravia close to local shops and amenities including Harrods and Harvey Nichols. The open spaces of Belgrave Square Gardens is a short walk away and Hyde Park is 200 meters from the property. Transport links are provided by Knightsbridge underground station (Piccadilly line).

    Accommodation

    Ground Floor
    Hallway
    Reception Room
    Kitchen

    First Floor
    Two Bedrooms Both with En-suite Shower Rooms

    Second Floor
    Large Studio Room

    Exterior

    Underground car parking is available to rent by separate negotiation.

    Note

    The sale will be by way of a company sale within an SPV (Special Purpose Vehicle) thus SDLT will be 0.5%. For full details, please refer to the legal pack.

    Addendum

    The vendors have exchanged on the lease extension and paid a £43,474 deposit. The buyer will only need to pay the balance.
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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