Auction House London

Lot 29

Terraced - Houses 

19 Kinnerton Street

Knightsbridge, London, SW1X 8EA

Sold after auction for £1,250,000

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.

Additional Fees and Disclaimer

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.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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Open House Viewings:
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 19 Kinnerton Street, Knightsbridge, London, SW1X 8EA

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