Property Auctions - property auctioneers chelsea

Auction date: Thu, 27/02/2025 - 10:00

Guide Price £125,000. A five floor terraced building arranged as 5 self-contained flats all sold off on leases. Freehold ground rent investment producing £200 p.a. Valuable reversions of flats 1 & 2 in approximately 50 years.

Auction date: Tue, 19/11/2024 - 09:00

Guide price £685,000. Of interest to investors, a leasehold first floor self-contained one bedroom flat within a terrace building arranged on raised ground, lower ground and four upper floors. Subject to an assured shorthold tenancy holding over at a rent of £1,773.66 per month (£21,283.92 per annum equivalent). 

Auction date: Thu, 21/11/2024 - 10:00

Guide Price £395,000. Long leasehold first floor one bedroom mansion flat in sought after location. The property comprises a smart communal entrance with 24 hour porter, a passenger and tradesmans's lift, entrance hall, reception room with kitchenette, double bedroom, bathroom and qualification for RBKC parking permits. GIA approximately 39.2 sq.m (422 sq.ft). Held on a lease from 16/2/1088 to 22/12/2933 (thus 909 years remaining) at a ground rent of £25 per annum.

Auction date: Wed, 13/11/2024 - 10:00

Guide Price £165,000. A well located vacant second floor studio flat situated within a purpose built block arranged over ground and three upper floors. Situated on a residential road close to local shops and amenities. Leasehold. The property is held on a 125 year lease from 2024.

Auction date: Thu, 31/10/2024 - 12:00

Guide Price £395,000. The property is an end of terraced dwelling that is made up of a commercial unit occupying the basement and ground floor levels and two self-contained two bedroom flats above. The flats have been sold off on long leases of 150 years and produce a ground rent income of £125 per annum each. The ground floor and basement is let on a law society lease for a period of 7 years from 1st March 2021. The lease applies pre-determined rent reviews and is currently producing £28,000 per annum. This rent will rise to £29,000 in 2025 and again to £30,000 for the period 2026 to 2027. Therefore, the current income that is being produced is £28,250. However, the auctioneers have been advised by the client that the Freeholder pays the insurance premium of a rounded amount of £843 that is not recoverable, and as such the net income is £27,407 per annum. The property is sold with the benefit of this income and will be of interest to investment buyers.

Auction date: Tue, 15/10/2024 - 08:30

Guide Price £80,000. A vacant second floor studio flat situated within a mid terrace building arranged over lower ground, ground and three upper floors. The property shares a bathroom with one of the neighboring flats in the block. Situated on a residential road close to local shops and amenities. Leasehold. The property will be sold on a new 125 year underlease from completion.

Auction date: Tue, 03/09/2024 - 09:00

Guide price £1,600,000. Of interest to builders, developers and owner occupiers. Well located in a highly desirable and affluent area. A rarely available 4 bedroom split level self contained flat of approximately 1,549 sq ft. In need of modernisation and having further potential, forming part of an attractive mid terrace stucco fronted property. Vacant.

Auction date: Tue, 03/09/2024 - 09:00

Guide price £800,000. A four room self-contained basement flat in need of modernisation. Gas central heating (not tested). Well located. Vacant. Ideal for investment. 

Auction date: Wed, 20/03/2024 - 13:00

A highly desirable apartment, stunning building, sort after location. Ideal as pied-à-terre, or a buy to let, or both. Previously rented on AST at £24,000 pa; and short lets at £33,000 pa. High yield. Full management services available.

Auction date: Wed, 07/02/2024 - 08:00

A first floor studio flat situated within a purpose built block arranged over ground and three upper floors. The property is held on a 99 year lease from 24th June 1982 (thus approximately 57 years unexpired), and  subject to an Assured Shorthold Tenancy at a rent of £1,700 per calendar month.