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Price £4,000,000
Postcode See on google map
Type of ad Individual Offer
Sq. Footage 5000 sq.ft.
Description

Rooftop with Planning to Build Three Penthouses

South Kensington

£4m

An opportunity to acquire a site on top of a very handsome building at a very nice location close to all public transports and amenities at South Kensington. The site benefits from planning permission to create three penthouses. Each penthouse will be in the region of £1620 sq ft

There is planning permission, building regulations approvals, consent of the freeholder (Since the site comes as 999 years lease), and consent of all neighbors in the building.

Each penthouse will benefit from its own outside space and balcony. The views are just as good as they could get. The views are spectacular. The build could get started right away since everything is ready. There have been two tenders from two reputable local construction companies from Central London and their quotes are in the region of £2.7m in total.

There is confirmation in terms of valuation and resell values and it is expected for the penthouse to sell in excess of £10m

For more information on this development project and other rooftops with planning to build penthouses at prime locations at London contact: 07761-194240

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