Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot

A 2,186 square foot ground and first floor studio property in Studio Place, Belgravia with a double height reception room has gone on sale for just £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – but naturally there’s a catch.

 

Continue the thread

Two stories to keep beside you

A bargain at Beetham – Ashton House, Beetham, Milnthorpe, Cumbria, LA7 7AL – £1.4 million
The same people in the Steeple archive

A bargain at Beetham

Restored Grade II* listed Georgian mansion in Cumbria for sale for just £190 per square foot (a one bedroom flat for the same asking price in Mayfair is offered at £2,100 per square foot)

Belgravia in Bloom – Flat 1, 57 Eaton Place, Belgravia, London, SW1X 8BN, United Kingdom – For sale for £8.95 million ($11.63 million, €10.39 million or درهم42.71 million) through Louise Hewlett – Chelsea Flower Show
The same people in the Steeple archive

Belgravia in Bloom

Grand Belgravia apartment – complete with a garden that wouldn’t look out of place at the Chelsea Flower Show – for sale As thousands of garden lovers visit the Chelsea Flower Show this week, an individual with £8.95 million ($11.63 million, €10.39 million or درهم42.71 million) to spare could acquire a more permanent horticultural […]

Described as a “mixed use, specifically for those involved in arts and media” space with “sub-letting allowed,” the 3 bedroom, 3 bathroom space offered is subject to the terms of the 1954 commercial planning act – a law that forces the landlord, in this case the Grosvenor Estate, to “offer the tenant the same lease with no premium at the end of every lease period.”

Advertisement

The catch? The ground rent is far higher than normal at £53,000 per annum ($70,000, €60,000 or درهم258,000 per annum) or £795,000 ($1.1 million, €893,000 or درهم3.9 million) in total for the remainder of the lease.

The selling agents are Kinleigh Folkard & Hayward.

Follow The Steeple Times on Twitter at @SteepleTimes.

 A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch.A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch.A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch.A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch. A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch.A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch. A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch.A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch. A Bargain in Belgravia – Bradbrook House, Studio Place, Belgravia, London, SW1X 8EL studio for £995,000 ($1.3 million, €1.1 million or درهم4.8 million) – Fully renovated Belgravia studio with double height reception room for sale for just £455 per square foot. It comes with a catch.