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Chelsea is an area of Central London, bounded to the south by the River Thames, where its frontage runs from Chelsea Bridge along the Chelsea Embankment, Cheyne Walk, Lots Road and Chelsea Harbour. Its eastern boundary was once defined by the River Westbourne, which is now in a pipe above Sloane Square tube station. The modern eastern boundary is Chelsea Bridge Road and the lower half of Sloane Street, including Sloane Square, along with parts of Belgravia. To the north and northwest, the area fades into Knightsbridge and South Kensington, but it is safe to say that the area north of King's Road as far northwest as Fulham Road is part of Chelsea. The district is part of the Royal Borough of Kensington and Chelsea. Chelsea consists of two main postcodes (SW3 and SW10) but also includes small sections of SW1. The most desirable part of Chelsea to live is around Sloane Square and Knightsbridge tube. Around here, Chelsea meets Knightsbridge. This property market attracts considerable (international) attention, and is a very complex market as it consists mainly of short leases under Earl Cadogan as freeholder.
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