A rare opportunity to acquire a south facing, unmodernised Grade II listed freehold house in the heart of Belgravia.
The property / project will appeal to buyers keen to impose their own design and layout to create an impressive family residence. This spacious and impressive freehold property, set over six floors benefits from significant private outside space, a large reception room, kitchen/ conservatory, and 5+ well-appointed bedrooms. The property has full planning permission (Ref. No:161128/FULL) to enlarge the existing footprint from 3,778 square feet to 4,248 square feet, including vaults. Substantial works have already been carried out, including a new slated roof and restored bay windows.
The property qualifies for the blended VAT rate of 5%, for future works. A pre application to install a lift was positively received. Chester Street has a number of modernised properties currently for sale (at similar size) for values well in excess of £10m.
Chester Street is an exciting location given the new developments of the Peninsula Hotel at Hyde Park and the nearby Cleveland Clinic.
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