Guide Price £2,900,000

DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH KENSINGTON

South Kensington, London

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Guide Price £2,900,000

DEVELOPMENT OPPORTUNITY IN THE HEART OF SOUTH KENSINGTON

South Kensington, London

3 Bed | 3 Bath | 1623 sq ft

3 Bed | 3 Bath | 1623 sq ft
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Tucked away on Petersham Place, this unassuming mews house offers Tardis like properties; the ideal development opportunity for investors and residents alike.

Currently spanning 1623 sq.ft, over 3 floors, with a very recently lapsed planning consent for a lower ground floor. After a complete refurb, the property would yeild up to 2271 sq. ft of highly useable space. This 3 bed, 2 bath property is the ideal opportunity for a developer looking to restore the mews to its original glory.

Featuring an expansive open-plan ground floor living space, including original barn-doors onto the mews, plans have been drawn to transform the space into modern living space, with utility room.

Planning permission was granted in December 2021 for a third floor loft conversion to include an additional bedroom. Plans are available on request, or can be downloaded from the Kensington and Chelsea Planning Portal.

Additional proposed works could include, a basement excavation, for use as a media room. The first floor plans include a reception area, private study/bedroom with an en-suite bathroom. The second floor includes the principal en-suite, and dressing room.

The property has been well maintained during its use as a pied-a-terre for over 20 years, and is in good condition.

Petersham Place is within easy reach of High Street Kensington and South Kensington and no more than a 5- minute walk to Hyde Park and Kensington Gardens.

PROPERTY FEATURES

  • Planning permission for loft extension
  • Previous permission for basement conversion
  • Potential to expand across 5 floors
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Miguel Zapico | Trophy Asset Hunters

Trophy Asset Hunters

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