Mallord Street Chelsea SW3

Asking Price: £5,950,000 Subject To Contract
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  • 2 Bedrooms
  • 3 Bathrooms
  • 2 Reception rooms
  • Parking
  • Roof Terrace

Unlike many Chelsea artist studios, this house has the benefit of 2/3 bedrooms, 3 bathrooms as well as a library/dining room, eat in kitchen and a garage. The artist’s studio which occupies the top floor of this prestigious property has wonderful light and exceptional views.

No. 1 Mallord street occupies the south east corner of Mallord Street and Old Church Street, the current owner made considerable changes at the time of the purchase, improving the house which is now presented in immaculate condition with the highest quality of finishes.

Tenure: Freehold

  • Calculate the Stamp Duty on this property

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Stamp Duty on Residential Property Purchases, as of 4 December 2014, is now calculated at increasing rates for each portion of the price being paid, in a similar fashion to income tax.

In order to simplify the more complicated calculation, Russell Simpson provide you with a 'Stamp Duty Calculator'.

Enter the proposed price below to establish the tax payable on your purchase

Purchase Price  

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 £31.20 per Tenant / Guarantor inc VAT or Company £19.20 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 (this could range from £180 inc VAT or greater dependent on size of property and extent of clean required)
  • Inventory Check-out (this is determined by the size and condition of the property at the end of the tenancy and could range from £180 inc VAT or greater)
  • Dilapidations

LANDLORD FEES

For more information about landlord fees, please click here.

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