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3 bedroom house for sale
Pavilion Road, London, SW1X
£2,750,000
Pavilion Road, London, SW1X
£2,750,000
Our Summary
- A rare opportunity to acquire a consented development opportunity in the heart of Knightsbridge
- Planning permission was granted in 2018 and implemented in 2022 for demolition of the existing two-storey mews house and replacement with contemporary two storey mews with mansard and basement level accommodation (The Royal Borough of Kensington and Chelsea Ref: PP/18/03620)
Description
This rare opportunity presents a consented development plot in the heart of Knightsbridge, situated close to Harrods and Sloane Square. The property currently comprises a 2-bedroom house, let on an AST for £108,000 per annum, and has planning permission granted in 2018 and implemented in 2022 for the demolition of the existing mews house and replacement with a contemporary 2-storey mews with mansard and basement level accommodation. The proposed development will total 223.8 sq m / 2,409 sq ft and is available freehold. The CIL liability is estimated at £103,000, but relief can be claimed if the development is an end user's primary residence. The vendor is seeking offers in excess of £2,750,000, subject to contract.