2 bedroom second (top) floor split-level flat with roof terrace - Vacant
Flat B, 386 Kings Road, London, Kensington and Chelsea, SW3 5UZ
Lot No: 1
Property Type: Apartment
Contract Type: Unconditional
Sold for £601,000
• 2 bedroom second (top) floor split-level flat
• Private decked roof terrace
• Fashionable location with ample amenities
• Vacant (no chain)
• To be sold via Knight Frank Auctions on Thursday 13th February (will not be sold prior)
Property Description
By order of the Joint Receivers.
A second (top) floor 2 bedroom split-level flat, extending to approx. 886 sq ft, situated in this fashionable location close to its junction with Beaufort Street. Benefits from private decked roof terrace and direct lift access from Kings Road, operated with a key.
Note
The lift is currently not working, investigations and repair work are ongoing and may have an impact on the current accommodation layout. Access is via the stairs at the rear. Interested parties are referred to the legal pack for more information and where not available, rely on their own enquiries.
Open House Viewings (please simply arrive at the start time)
* Wednesday 29th January, 12pm - 12.30
* Tuesday 4th February, 12pm - 12.30
* Saturday 8th February, 12pm - 12.30
*Tuesday 11th February, 12pm- 12:30pm
This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.
Location
The property is situated in heart of Chelsea, SW3, on its junction with Beaufort Street, offering a short walk to a wide array of amenities, transport links and recreational facilities.
Occupancy
Vacant
Tenure
Leasehold - Expiry Date is 24/12/2123 (thus approximately 98 years remaining). Refer to the legal pack for further information, including the ground rent and service charge.
Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.
Auction Information
13 February 2025 11:30
The Knight Frank Auction will be broadcast live online with telephone and internet bidding
Lot Information
Contact Us
If you have any questions, call our team on 020 7861 5520