Property developers far and wide would jump at the chance of snapping up a piece of land in Chelsea with a guide price of £25,000-plus. But this quirky lot comes with a catch.
For the first time ever, property auction experts Allsop Residential have been instructed to sell the freehold for a 2,090sq ft courtyard garden - yet it comes with absolutely no scope for redevelopment and is overlooked by eight freehold houses. So buyers looking for a secluded summer picnic spot or their own private allotment need not apply.
Located on the east side of Sprimont Place, sandwiched between the prime central London addresses of Sloane Avenue and Elyston Place in SW3, this little slice of Chelsea turf is not owned by the residential homes that face it. The deeds have always been owned separately, with the current owner inheriting this unusual gift after it has been in the family since 1953.
According to Allsop Residential, the current residents of Sprimont Place have all received information about the forthcoming auction - which is set to take place on September 18 - with more than half showing interest in acquiring what would usually be considered a communal garden. But with growing interest coming in from alternative potential buyers, this particular piece of Chelsea is still up for grabs. Watch this space.
Location: Courtyard garden between 2-18 Sprimont Place, Chelsea SW3
Guide price: £25,000+
Lot number: 64
Date: September 18, 2013
Contact: Allsop Residential.
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