Smith Terrace Chelsea SW3

Asking Price: £5,650,000 Subject To Contract
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  • 3 Bedrooms
  • 3 Bathrooms
  • 3 Reception rooms
  • Garden

This immaculate three bedroom house was reconfigured and refurbished by Finchatton in 2014 and remains in excellent condition.

The ground floor has a wonderful entrance hall which could be used as a formal dining room or study with the drawing room at the rear. There is planning in place to create a retractable glass roof off the drawing room with will double up as a terrace as well as a roof to create a winter garden. The master bedroom occupies the 1st floor and has a south facing ensuite bathroom. There is a further bedroom with ensuite shower room on the 2nd floor and a large skylight above the stairs flooding the house with natural light. The kitchen/breakfast room is in the lower ground floor leading directly into the garden and is wonderfully light. Additionally, on this floor there is a guest cloakroom and a large bedroom with ample storage and an ensuite shower room. This room has direct access from the street. In the basement, which one would no longer get planning permission to create, is a large media room as well as a utility room.

Smith Terrace is a quiet street located south of the Kings Road, between Smith Terrace and Radnor Walk and is moments from the shops and restaurants of Chelsea, the open spaces of Burton Court and Sloane Square tube station.

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

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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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