Guide price
£120,000
1 bed flat for sale36 Mulberry Close, Beaufort Street, Chelsea, London SW3
1 bed
1 bath
- Auction
- Leasehold
Auction House London
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About this property
Guide Price = £120,000+
**For Sale By Public Auction 2nd July 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Fourth Floor One Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1933 (thus approximately 8 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer. Buyers should rely on their own enquiries as to the likely costs of the lease extension.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Ropers Gardens are within easy reach. Transport links are provided by Sloane Square underground station (Circle and District line).
Description
The property comprises a fourth floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Accommodation
Fourth Floor
Reception Room
Kitchen
Bedroom
Bathroom
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
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More information
Tenure
Leasehold (6 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review