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Property in Chelsea

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Property for sale in Chelsea, London

Probably the most upscale London borough, Chelsea is considered to be a promising location for the super-rich. This district is situated in West London, on the northern bank of the Thames, and southwest of Westminster. Chelsea is famous for its antique property in London, this district accommodates luxurious houses, expensive restaurants, and glamorous boutiques.

Presently, properties in Chelsea, London, England, United Kingdom are in high demand among connoisseurs who value classical English homes – a coveted asset for expats. You can select and buy an apartment in London on the London website with an extensive catalog.

Advantages of Chelsea

Chelsea is an authentic borough with rich history. Many famous writers and musicians, such as Agatha Christie, Oscar Wilde, Mark Twain, Jerome K. Jerome, Rolling Stones, and The Beatles owned real estate in Chelsea.

The local dining offerings support a pleasure-seeking lifestyle in Chelsea. It is home to Michelin restaurants, such as Five Fields, Gordon Ramsay, Claude Bosi serving exquisite French cuisine, Elystan Street serving British cuisine, and the iconic Bluebird with a bar and an outdoor terrace.

Those who buy real estate in Chelsea have a great choice of destinations when they go out on the town. Juju is one of the most popular bars, King’s Road is a DJ bar serving champagne and cocktails, and Embargo Republica is decorated in the Cuban style, with a rum room and a rooftop terrace.

Chelsea is a shopping haven housing numerous brand stores and boutiques. The main shopping street is King’s Road.

Culture

Even if you are not a sports fan, the most famous place in Chelsea is Stamford Bridge, the home stadium of Chelsea Football Club.

The Chelsea Physic Garden, formerly called the Apothecaries’ Garden, contains over 5,000 species of rare medicinal plants and is open to visitors.

The Royal Hospital Chelsea annually hosts the Chelsea Flower Show, also known as the Great Spring Show. It has been held since 1912 and is now the largest cultural event attended not only by tourists from all places in the United Kingdom and all over the world but also by members of the British royal family.

The Royal Court Theatre is famous for its innovative plays and performances. Cadogan Hall hosts over 300 events per year and is one of the country’s best concert halls. Those who decided to invest in Chelsea property and love contemporary art are sure to appreciate the extravagant Saatchi Gallery opened by Charles Saatchi in 1985.

Chelsea is also a borough with military traditions dating back centuries. It is home to the National Army Museum.

Transportation

The major Victoria Railway Station is about 15 minutes by foot or a few minutes by underground away, which is a huge advantage for people buying property in Chelsea. For expats, this is a great way to travel and see other landmarks in England.

There is Sloane Square Underground Station in the district served by two lines, District and Circle.

Numerous buses, including Bus 11 to Liverpool Street, Bus 19 to Finsbury Park, Bus 22 to Oxford Circus, and Bus 49 to Clapham Junction, run through Chelsea.

Property types and prices

With its gardens, historical Georgian mansions, and Victorian cottages, there are many unique properties for sale in Chelsea to suit any taste. Property prices in Chelsea are among the highest in London, as this is a very prestigious and expensive district.

The average value of real estate for sale in Chelsea was €2,568,848 last year. Here are the average real estate prices in this borough over the past year depending on the type of property:

  • Detached house: €6,684,855
  • Semi-detached house: €3,373,574
  • Terraced house: €4,905,658
  • Apartment: €1,503,987

You can view prices in euros and dollars on the London website.

Investment property in Chelsea

Investing in real estate in Chelsea could be extremely lucrative. This is one of the most popular London boroughs among businessmen and investors, as the value of local homes grows consistently year on year. The average rent here is €1,319 per week, which is 38.1% higher than the London average (€955 per week). The annual rental yield of Chelsea properties is about 4%. House prices grew by 17% over the past year, while the rent surged by 34% over the same time.

If you are considering real estate investment in Chelsea or buying a house in London in general, this is an extremely promising district.

Buy property in Chelsea

If you would like to buy property for investment in Chelsea or select a home in London as a permanent residence, you will find current prices and up-to-date information about the city’s real estate market on the London website. Start looking today to make your dream of a London home come true! Fill out a form or call us by the telephone number on the website to consult with an experienced expert. We will gladly answer all your questions and help you to find the perfect real estate from developers and agencies for living and investment.