Former artist’s studio in South Kensington for sale for a sum 229% higher than it achieved in 2007
Situated within a building known as ‘The Art Club’, a north facing former artist’s studio in Roland Gardens, SW7 is for sale for £2.3 million in spite of having just one bedroom on a mezannine level open to the flat’s main room.
Situated primarily on the ground floor, the 1,032 square foot apartment offered centres around a 33-foot long drawing room with a ceiling height of 14-foot and comes with a small kitchen and shower room. It is described by selling agents Winkworth as “offering exceptional volume” and includes such features as parquet flooring, specialist paintwork and a glass gallery.
The building – which is described as part of a pair of “undistinguished red-brick houses in the Queen Anne manner” by British History Online – was the home of the perfumer Stanley Coles of Molinelle Perfumes in the late 1920s and 1930s and the artist Frances E. Nesbitt (1864 – 1934) circa 1918.
The flat is offered on a sharehold basis with a lease of 999 years from 2000.
The Numbers – Flat 2, 49 Roland Gardens, London, SW7 3PG
2017 – For sale for £2.30 million
$2.96 million, €2.63 million or درهم10.89 million
2013 – Sold for £1.425 million
The equivalent of £1.499 million, $1.932 million, €1.720 million or درهم7.098 million today
2007 – Sold for £700,000
The equivalent of £891,000, $1.15 million, €1.02 million or درهم4.22 million today