Studio for sale

Property number 51547. Enquire through OnTheMarket's messaging system and we'll respond within 5 minutes, 24/7

Large studio flat, 38sqm with a new lease of 145 years. Service charge of approx 4,000 a year includes hot water and central heating and porters and security and repairs to the building when necessary and insurance etc. The flat is on the 7th floor rear so faces no roads and is very quiet. There are 2 lifts. Residents are mainly professional people or retired. Very quiet building. The communal areas were re done a few years ago and the lobby and hallways etc are like a good quality hotel. The building is art deco. It is 2 mins walk from Kensington High Street and about 5 mins to Nottinghill Gate. The ceilings in the flat are quite high and there are large windows with lots of light coming in. The entrance hall of the flat is quite large and the flat could be remodelled to make it into a one bedroom flat or a larger open space studio. It is currently a studio flat but very spacious. There are 3 large built in cupboards, 2 in the hall and one in the bathroom. I am selling only because I am leaving central London. I have been here very happily for 23 years. Council tax band D. EPC energy certificate C. 5 years ago the flat was valued at 600,000 and 2 years ago I was offered 525,000 and stupidly turned it down! Prices have fallen so much due to the economy and property market having shifted so much. Now the market value is approx 450,000 but I am selling at 395,000 as I want to sell quickly. Other studios in the building are much more expensive and many are smaller and also with shorter leases and unlike mine they not facing the rear away from roads and noise. More details upon request.