Flat for sale in London SW1P, 2 Bedroom

A fantastic opportunity to acquire an apartment that requires refurbishment throughout, thus giving someone an opportunity to add value. Once complete, the apartment could be an ideal London pied a terre or rental investment. Chapter Street is conveniently located on the border of Westminster and Pimlico, close to Vincent Square. This apartment is on the top floor of a privately owned block in this quiet street. There are convenient shops and amenities nearby, as well as extensive travel facilities. Popular and historic landmarks surround the property such as the Houses of Parliament and the Tate Gallery which are within easy walking distance. Pimlico underground station is less than 5 minutes' walk away.

Tenure: Leasehold for a term of 125 years from 1978 thus having some 84 years unexpired (This can be extended for a further 90 years, details of this on application).

Ground rent: £50 per annum

service charge: Currently £2035.36 per annum

price: £525,000