Development of a mews house is Belgravia - £4m
Development of a Mews House
Quietly situated in the highly sought after cobbled Belgrave Mews West, the existing property of residential use has planning consent to be converted onto a 3 ensuite bedroom luxury house across four floors. The dwelling also boasts 2 other large reception areas including a dining hall and TV room, a private patio and a garage.
Belgrave Mews West is extremely private and wonderfully located for all the local shopping and transport facilities that Belgravia has to offer. Belgravia is a district of central London in the City of Westminster and the Royal Borough of Kensington and Chelsea; it is one of the wealthiest districts in the world. The famous Motcomb Street is a two-minute walk. Knightsbridge underground station is within walking distance.
The proposed development will extend the floor area by 1107 sqft from the existing space with a potential return on investment of up to 50% on completion of works subject to the extension of lease currently at 43 years.
The value of the opportunity has increased significantly after the recent proposals by the Kensington & Chelsea planning authority to curb the number of consents granted towards building underground due to noise pollution in the area.
- Mews house in the heart of Belgravia
- Master bedroom with en suite shower
- Reception room with dining and TV area
- Potential net return on investment of up to 50%
- Within short proximity to Knightsbridge and Sloane Street
