Saturday, August 27, 2022

An £850,000 cupboard

Tiny maisonette in Knightsbridge goes on the market for the ridiculous sum of £850,000 (despite having just 33 years remaining on its lease)

 

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Indication of the crazy heights London property prices have reached has this week been provided in the launch to the market of an £850,000 maisonette in Knightsbridge.

 

An £850,000 cupboard – Ground and basement maisonette, 35 Ovington Square, Knightsbridge, London, SW3 1LJ
The apartment is situated within a building occupying a corner of Ovington Square
An £850,000 cupboard – Ground and basement maisonette, 35 Ovington Square, Knightsbridge, London, SW3 1LJ
The sitting room
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An £850,000 cupboard – Ground and basement maisonette, 35 Ovington Square, Knightsbridge, London, SW3 1LJ
The kitchen
An £850,000 cupboard – Ground and basement maisonette, 35 Ovington Square, Knightsbridge, London, SW3 1LJ
The larger bedroom
An £850,000 cupboard – Ground and basement maisonette, 35 Ovington Square, Knightsbridge, London, SW3 1LJ
The patio and one of the open vaults
An £850,000 cupboard – Ground and basement maisonette, 35 Ovington Square, Knightsbridge, London, SW3 1LJ
This floor plan illustrates how small each room in the flat truly is

 

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Offered by Jackson-Stops & Staff and just 1,004 square foot in size, a ground and basement flat at 35 Ovington Square has has two bathrooms and two bedrooms (but neither is large: one is just 12’6” by 8’4” in size) and ten percent of the total floor space comes in the form of two open vaults.

 

For sale on a lease that has just 33 years remaining, the apartment is subject to a ground rent of £1,250 per annum and a service charge of £2,629 per annum. It is anything but a veritable bargain.

 

 

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    5 COMMENTS

    1. What a charming maisonette, with an Italian style patio and open vault. Worth a lot more than they are asking. Better a box in Knightsbridge, Kensington, or Chelsea, that a mansion Up North.

      • I fear you are wrong, David, to enfranchise that short lease with a ground rent of that magnitude will cost you an arm and a leg. Jackson, Stops have sensibly priced it as they know idiots will bid it up.

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