London Development Sites

Property development opportunities in London

W2

Development opportunities this week

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3 May 2024

Long leasehold 0.4 acre (0.16 hectares) Belle Isle Site at York Way, Kings Cross N1. The business/office-led development opportunity is adjacent to the Kings Cross Regeneration Area, with potential for up to 15 stories subject to planning. Offers via informal tender. Avison Young

A hostel spanning 3-4 stories, extending to 15,757 sq ft (1,464 sq m) GIA on a 0.31-acre (0.13 hectare) site at Harrow Road, Westbourne Green W2 5XQ. Resolution to grant planning permission to redevelop the site was granted but later withdrawn. Offers in excess of £5.75m. Savills

An office building arranged over 3 stories, measuring 5,125 sq ft, at Old Kent Road SE1. There was a positive pre-application with Southwark Council for a 6-storey mixed-use building. Acorn are seeking offers in the region of £2.5m.

Knight Frank are offering a 5,358 sq ft (497.8 m2) GIA mid-terrace hotel in Barkston Gardens, Earls Court SW5, with planning consent for a change of use to 5 apartments. The guide price is £3.75m.

Locations surrounding regeneration zones in London benefit from an additional 2% pa increase in property values

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16 March 2023

A CBRE report ‘The effects of regeneration on local property values’, analysed 11 regeneration zones in London and concluded that locations within a 10 minute walk benefitted from an average additional 2% increase per annum in residential property prices. The locations analysed were Canary Wharf, Colindale/Burn Oak, Elephant and Castle, Greenwich Peninsula, Kings Cross St Pancras, Nine Elms, Paddington, South Bank, Stratford, Wembley and Woodberry Down. Paddington benefitted the most with a 5.8% increase per annum. The research attributes this to many factors including improved transport links, enhancements to the area’s heritage, retail and green space.

Former dairy building with planning for residential in Notting Hill

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The Old Dairy 1-4 Chapel Side W2 4LG

Savills are marketing a four storey brick built dairy building in Notting Hill, set in a residential mews and arranged as parking, offices and flats. The City of Westminster has granted planning consent for four new flats at ground and first floor, creating 8 flats in total over 5,920 sq ft. Offers are invited in excess of £5.5m. UNAVAILABLE

Whiteleys planning approved for a mixed use development in excess of 1 million square feet

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20 December 2019

Westminster Council have approved plans to redevelop the Grade II listed Whiteleys  Shopping Centre in Queensway. The scheme will provide 153 apartments and town houses, a hotel and 75,000 sq ft of retail, while restoring the listed facade, central courtyard and dome. The architects for the scheme are Foster and Partners. Whiteleys Development

Crossrail Programme is 87% Complete with Final Track installed at Whitechapel

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October 2017

The final part of the track that forms the Elizabeth line has been completed at Whitechapel Station. This coincides with the completion of Abbeywood Station, one of the 10 new stations that form part of the Elizabeth Line. The £14.8 billion project enters its next phase with a continuous track from Plumstead in east London to Royal Oak in the west. Photo © Crossrail Ltd. Crossrail

Three Mews Buildings with planning for Three Houses in Paddington

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1, 3 and 5 Rainsford Street London W2 1PY

Three mews buildings located between Paddington and Marylebone with planning for three houses totalling 3,310 sq ft on a site of 0.03 acres. Offers in excess of £2.2m. Savills | UNAVAILABLE