Back to top

2 Pitt Street, Kensington (NEW)

For Sale with Knight Frank:
A Prime Residential Freehold With Potential For Development

Tenure: Freehold
Guide Price: £7,000,000
Property Size: 3,833 SQ. FT. (Potential to build 6,000-7,000 SQ. FT)
Brochure: Download
MapView

Property Summary

The property is situated in one of London’s most desirable neighbourhoods, within short walking distance of Kensington High Street and the green open spaces of Kensington Gardens and Holland Park. This 1960’s built property has a low profile relative to the surrounding townscape and therefore has significant and unique development potential, enabling it to once again stand proud among the handsome neighbouring properties.

http://www.janinestone.com/site/wp-content/uploads/2019/01/2-pitt-street-kensington-janine-stone.jpg

http://www.janinestone.com/site/wp-content/uploads/2019/01/2-pitt-street-kensington-janine-stone-2.jpg

Key Features

2 Pitt Street comprises a 3 bedroom semi-detached house arranged over basement, ground and first floors. The property benefits from a conservatory and wide south-facing garden. The external appearance of the house reflects plain, modern architecture, offering significant potential to be upgraded in line with each of the new-build properties either side.

  • Low-rise semi-detached house with wide south facing garden.
  • Significant development potential to extend the property and create impressive lateral accommodation of c.6,600 sq ft, subject to the necessary consents.
  • Situated close to Kensington High Street, a short walk from the green open spaces of Kensington Gardens and Holland Park.
  • The site benefits from good transport links with High Street Kensington Underground Station (Circle and District lines) located approximately 300m to the south east.
  • Freehold sold with vacant possession.

Development Observations

Janine Stone & Co. believe that 2 Pitt Street has great potential for development into an exemplary modern home. The existing building dates from the 1960’s, is low rise, and sits on a wide plot, making the site the perfect (and extremely rare!) opportunity for complete or partial demolition and construction of a new build property in the heart of Royal Kensington.

The fact that the appearance of the existing property is out-of-keeping with its surroundings, and the neighbouring properties have been rebuilt recently, strongly suggests that a new-build project on the site would be well received by the Planning Authority. Janine Stone & Co. believe planning consent for an elegant, contemporary home of broadly 6,000 to 7,000 sq. ft. over 3 storeys (plus basement) could be achieved, possibly including: five bedrooms/bathrooms, large open-plan living spaces on the ground floor and a leisure suite with a swimming pool, gym and cinema at basement level.

Janine Stone & Co.’s key development observations are:

  • Wide plot with south-facing garden
  • 1960’s house that would not be protected by the Planning Authority
  • Neighbouring properties have already been rebuilt – setting a precedent
  • Potential to build a 6,000 to 7,000 sq. ft, contemporary home
  • Very rare new-build opportunity in the heart of Royal Kensington
http://www.janinestone.com/site/wp-content/uploads/2019/01/2-pitt-street-kensington-janine-stone-interior-1.jpg

http://www.janinestone.com/site/wp-content/uploads/2019/01/2-pitt-street-kensington-janine-stone-interior-2.jpg

http://www.janinestone.com/site/wp-content/uploads/2019/01/2-pitt-street-kensington-janine-stone-interior-3.jpg

Development Consultations

To assist interested buyers of this property understand their development options, Janine Stone & Co. are able to provide concept and development consultations. It can be arranged for these complimentary consultations to be take place at the property or in our London studio. Janine Stone & Co. will provide guidance on architecture styles, refurbishment and planning considerations, in addition to helping interested parties to develop their early design ideas, into floor plans with estimated project costs and timelines for realisation.

Should a successful acquisition take place, we would be happy to take these initial concepts, through to a full concept and subsequent planning, design and build phases.

 

Sales Contact
Tom Tangney, Knight Frank
Tom.Tangney@knightfrank.com
020 7361 0186

Development Contact
Bradley Fitchew, Janine Stone & Co.
bradley@janinestone.com
0207 349 8888