Draycott Place, London SW3 12 bed block of apartments for sale

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Draycott Place, London SW3 12 bed block of apartments for sale

Draycott Place, London SW3
£7,000,000

Our Summary

  • It is an exceptional opportunity for discerning investors or developers to acquire a collection of pieds-à-terre that deliver architectural finesse, functionality, and promising investment value
  • Currently rated as a 'Self-Catering Holiday Unit and Premises', the building offers strong short- and long-term rental potential
  • For developers, it presents the chance to refurbish an architecturally striking redbrick building, with scope to convert into multiple larger apartments subject to planning permission

Description

Draycott Place is a prestigious residential block comprising 11 elegant lateral homes, including a two-bedroom flat and 10 studio apartments, offering a unique opportunity for investors or developers to acquire a collection of pieds-à-terre with architectural finesse and promising investment value. The building, currently rated as a 'Self-Catering Holiday Unit and Premises', presents strong short- and long-term rental potential, and for developers, the chance to refurbish and convert into multiple larger apartments subject to planning permission. The properties feature sleek interiors, well-appointed kitchens, and high ceilings, with the two-bedroom apartment on the lower ground floor having its own private entrance and two charming patios. With its prime location near Sloane Square, residents will enjoy living by one of London's most iconic luxury retail destinations, with flagship designer boutiques and five-star restaurants just minutes away, and sought-after neighborhoods like Knightsbridge and Chelsea within walking distance.