Guide price
£980,000
1 bed flat for saleDe Vere Gardens, Kensington W8
1 bed
1 bath
2 receptions
Just added
Shared ownership
About this property
Xcellent Kensington location
1038 sq. Ft (96.43 sq. M)
Very spacious with high ceilings
Lift
Would make the perfect pied-a-terre
Share of freehold
Nb easy opportunity to convert to a 2 bed (subject to consent)
Accommodation comprises:
Reception room; Large double bedroom; Kitchen with dining area; Bathroom with separate shower cubicle; Lift; Caretaker.
Tenure Share of freehold
Agent's note:
The residents of the building have recently acquired the freehold and as part of this process, they will shortly be issuing themselves with a new 999 year lease. The property will therefore be sold with a share of the freehold and a new 999 year lease stc.
It should also be noted that the recently acquired freehold included an apartment in the building (currently subject to a protected tenancy) – the apartment (with the tenant in situ) has been independently valued at circa £750k stc. To this end a premium of £45k has been proposed by our client, in consideration of their share of ownership of the apartment (1/13th).
……………..
Service charge£1143.71 payable quarterly
Reserve fund £608.07 payable quarterly (as of August 2024 the reserve funds totals circa £251k)
Council tax £1,606 per year (Band E)
Local authority The Royal Borough of Kensington and Chelsea
Price Guide price £980,000 subject to contract
ViewingPlease contact us on if you wish to arrange a viewing appointment for this property, or require further information.
DisclaimerCutler and Bond endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
Reception room; Large double bedroom; Kitchen with dining area; Bathroom with separate shower cubicle; Lift; Caretaker.
Tenure Share of freehold
Agent's note:
The residents of the building have recently acquired the freehold and as part of this process, they will shortly be issuing themselves with a new 999 year lease. The property will therefore be sold with a share of the freehold and a new 999 year lease stc.
It should also be noted that the recently acquired freehold included an apartment in the building (currently subject to a protected tenancy) – the apartment (with the tenant in situ) has been independently valued at circa £750k stc. To this end a premium of £45k has been proposed by our client, in consideration of their share of ownership of the apartment (1/13th).
……………..
Service charge£1143.71 payable quarterly
Reserve fund £608.07 payable quarterly (as of August 2024 the reserve funds totals circa £251k)
Council tax £1,606 per year (Band E)
Local authority The Royal Borough of Kensington and Chelsea
Price Guide price £980,000 subject to contract
ViewingPlease contact us on if you wish to arrange a viewing appointment for this property, or require further information.
DisclaimerCutler and Bond endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
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Monthly repayment
£4,902 per month
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