Chester Row – London SW1
An elegant stucco fronted five bedroom period family house in the heart of Belgravia, to the South of Eaton Square
Gross internal area 2,400 square feet
Acquired on a 63 year lease in 1992 for £205,000
Sold December 2015 £4,000,000 on a 40 year lease at a ground rent of £9,400 p.a.
Let unfurnished to the same tenant for 15 years at a final rental of £126,000 p.a
We understand that the freehold could be acquired for a figure in the region of £1,500,000
A classic example of the benefits of a long term hold on a property in a prime location.