Oscar Wilde's Chelsea home listed by Myce Lee through Savills

Commemorated by a blue plaque, Oscar Wilde’s family home on Tite Street in London’s Chelsea is for sale through Savills for £1.15 million ($1.77 million).

It's part of Oscar Wilde’s family home,  where he lived with his wife and two sons for 11 years.

It was in the library that Wilde wrote some of his best-known works, including The Picture of Dorian Gray, An Ideal Husband and The Importance of Being Earnest. Wilde’s library is now a bedroom.

The offering is a one-bedroom flat that also includes an elegant reception room with high ceilings and an open-plan kitchen. In the late 19th century Chelsea was home to London's bohemian quarter, with neighbours on Tite Street including artists John Singer Sargent and James McNeill Whistler. Wilde moved into the property with his new wife Constance in 1884 and left after his fall from grace and imprisonment in 1895 when the Marquis of Queensberry accused the famous playwright of homosexuality due to his affair with her son Lord Douglas.

The listing agent Tom Wilson, of Savills Sloane Street, says the ideal pied-à-terre was now in one of London’s most desirable residential locations, where prices for a family home can start from £4 million upwards.

"We forecast that prime central London will outperform all other markets over the next five years, with a 25% increase in prices by 2017.”

The property has recently undergone an extensive renovation by the current owner Myce Lee, an interior designer: “The property was originally a two-bedroom apartment when I bought it, but I wanted to create an open living environment with rooms that flow into each other without feeling constricted.

"During the works everything was stripped back whilst being sympathetic to the history of the building, particularly in the bedroom, which is where Wilde would have once written some of his most important work.”