Asking Price: £14,950,000 Subject To Contract
  • 4 Bedrooms
  • 5 Bathrooms
  • 3 Reception rooms
  • Parking
  • Garden

Tite Street is one of Chelsea’s most intriguing addresses, steeped in history being the epicentre of London’s most prestigious artists of the 19th century.

This spacious freehold apartment is laid out over a 55 foot wide plot benefiting from expansive living room which was once an artist studio with 5.44 metre ceiling heights and double height windows, whilst benefiting from 4 bedrooms, a library, a screening room and a bespoke triple-height scultptural staircase and a large garden.

This lateral flat has been sensitively renovated with meticulous attention to detail and ensuring the historic past and atmosphere is retained, whilst incorporating the modern technologies and style of living.

Tite street is a quiet backwater just moments from Sloane Square and the King’s Road whilst being surrounded by the green spaces of Burton Court, Ranelagh Gardens, Chelsea Physic Gardens and Battersea Park.

This flat boasts the ownership of the freehold of the building which encorporates a further flat and artist studio, sold off on long leases, only 5% STAMP DUTY payable on purchase, resulting in a substantial saving.

Tenure: Freehold
5% Stamp Duty payable on purchase

TENANT FEES AND ADDITIONAL COSTS

In addition to the rent, there are a few other costs that tenants must budget for before entering into a new tenancy agreement with Russell Simpson. The following fees are all payable before a tenancy starts:

  • Reference fee of £30 per Tenant / Guarantor inc VAT or Company £72 inc VAT
  • A deposit against damage and dilapidations which is usually 6 weeks rent (or 8 weeks if you have a pet). Russell Simpson will hold these funds in the capacity of stakeholder and for Assured Shorthold Tenancies these will be registered under the Tenancy Deposit Scheme.
  • Stamp Duty (if applicable). To find out whether this would apply to your tenancy please contact HMRC at www.gov.uk

Throughout the tenancy there are other costs that must be covered on top of the rent. These might include:

  • Utilities (gas, electricity, water and telephone)
  • Council Tax
  • Television licence
  • Installation of cable/satellite
  • Alarm maintenance
  • Insurance (for your personal possessions and contents)
  • Garden maintenance/Cost of Communal Garden Key/Fee

At the end of the tenancy:

  • Professional cleaning of the property
  • Inventory check-out (cost between £50 and £1,000 inc VAT dependent on size of property and furnishing)
  • Dilapidations

LANDLORD FEES

For more information about landlord fees, please click here.

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