3-bedroom house · SW3 4DH
Listing removedListed 46 days
Opportunity summary
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About
Offered to the market for the first time in more than half a century, this freehold property is a much-loved Chelsea home with a wealth of potential.
Remaining in the same ownership since 1970, it now presents a rare opportunity for a new owner to refurbish and reimagine the house entirely to their own taste.
Full Description Arranged over four floors and extending to approximately 1,594 sq ft, the house offers well-proportioned and flexible accommodation.
The lower ground floor comprises a dining room, separate kitchen, useful storage and a vault.
On the ground floor is an impressive reception room measuring over 23 feet in length, together with a further room to the rear that opens directly onto the garden and could work well as a study, family room or additional reception space.
The first floor is occupied by a generous principal bedroom, a bathroom and access to a substantial roof terrace. Two further bedrooms and an additional bathroom are arranged across the second floor.
The house has remained largely unchanged for many years and now requires comprehensive updating, offering an exciting opportunity for a purchaser to redesign the interiors and adapt the layout to suit their own requirements, subject to the usual consents.
Its generous proportions, sash windows, fireplaces and built-in joinery provide an excellent foundation from which to create a wonderful family home.
Outside, the property benefits from a completely private rear garden. Currently mature and overgrown, it has excellent potential to become a beautifully landscaped and secluded outdoor space.
The large roof terrace provides a further opportunity to create an attractive setting for dining, entertaining and relaxing.
Smith Terrace is a particularly attractive and peaceful street of period houses, discreetly positioned just south of the King’s Road.
The property is within easy reach of the excellent shops, restaurants and cafés found along the King’s Road, while Duke of York Square, Pavilion Road and Sloane Square are also close by.
The River Thames, Chelsea Physic Garden and the open spaces surrounding the Royal Hospital Chelsea are all within walking distance, along with a wide selection of independent shops, galleries and neighbourhood restaurants.
Excellent transport connections are available from Sloane Square and South Kensington, making this an exceptionally well-positioned home in the heart of Chelsea.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 42, Smith Terrace, London
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