Construction is progressing at 100 Kensington, a £500 million residential development by SevenCapital and MARK Capital Management. Due for completion in early 2027, the scheme will deliver 462 homes, including 276 market sale apartments and 186 affordable units, making it the largest residential project in Kensington and Chelsea. It features a 29-storey tower, the borough’s tallest residential building, and six additional buildings around a landscaped podium garden. [Read more…] about 100 Kensington, a £500m residential development featuring a 29-storey tower
Brompton
Savills 6 February 2024 property auction
6 February 2024 | Online
The Savills 6 February 2024 auction includes the following development opportunities:
By order of executors, two adjoining residential buildings at Cheyne Place, Chelsea, SW3 4HH. The buildings comprise 10 apartments, of which 7 are subject to leases, 1 is subject to an AST and 2 are vacant. The guide price is £5m.
Freehold office in Ingate Place, Battersea SW8 3NS with planning permission for conversion to a residential dwelling. The guide price is £370,000.
A 7-bedroom house in Ridgway Gardens, Wimbledon, SW19 4SZ with planning permission to extend the house from 4,100 sq ft to 7,000 sq ft. The guide price is £2.8m.
Freehold development site in Sternhold Avenue, SW2 4PB with planning for a 2-bedroom 2-storey house. Guide price £200,000.
Development opportunities this week
23 October 2023
Tite Street, Chelsea, London SW3. A 0.74 acre freehold former care home site with an existing building extending to 38,080 sq ft (GIA). Potential for new build scheme subject to planning. Offers in excess of £50m. Knight Frank
Ferdinand Place, Chalk Farm, London NW1. Planning consent for a 4-storey building comprising 9 apartments and office space with a NSA of 785 sq m (8,447 sq ft). Price £3.35m. GLPG
Site in Pimlico close to Chelsea Barracks extends to 0.31 acres
48-56 Ebury Bridge Road SW1W 8QF
Savills are marketing a 0.31 acre site in Pimlico, suitable for residential development, subject to planning. The site was used as a petrol station up until 10 years ago and is situated close to the Qatari Diar’s redevelopment of Chelsea Barracks in Pimlico. Emerging proposals for the Ebury Bridge Estate Regeneration Project situated on the opposite side of Ebury Bridge Road, feature 10 new blocks up to 19 storeys high. Savills are quoting a price of £6.75m for the freehold. UNAVAILABLE
Site with Planning for 24 Private Apartments adjacent to Holland Park
Dukes Lodge Holland Park W11 3SG
Dukes Lodge is a rare opportunity to develop a new build residential property on the northern boundary of Holland Park, London in the Royal Borough of Kensington and Chelsea. The site has planning permission for an exclusive collection of 24 private residential apartments with leisure amenities and 23 underground car parking spaces. The Net Saleable Area of the proposed development is 55,682 sq ft / 5,173 sq m with a Gross Internal Area of 91,605 sq ft / 8,510 sq m. For sale freehold with vacant possession. Savills | UNAVAILABLE
Housing Affordability Declines Fastest in London
17 March 2017
Over the past two decades housing affordability has declined fastest in London according to the Office for National Statistics. Kensington and Chelsea was the least affordable local authority where house prices were 35.8 times annual earnings. In 1977 average homes in England and Wales were 3.6 times annual earnings but by 2016 the multiple was 7.6. Office for National Statistics.
