The Beautiful Mews House along Russell Gardens Mews is one of Royal Kensington, London's finest luxury gems that bring together the very rare elements any home buyer or wise investor would need and benefit from profoundly to a viable aspect and vision.
This home has the endless potential with a full internal measurement of just north of 1500 square feet and 140 Square meters including garage space and all stories combined, with total being two stories altogether with ground floor. Over five bedrooms and two bathrooms as well as new and stylish furniture and kitchen appliances throughout the home from a mix of backgrounds and cultural ethnicities.
One of the reason this specific property is a rare find and crosses the mind as viable investment house is due to the potential of turning the home into three plus luxury flats, as well as a basement flat. It is confirmed by the owner that he will grant the buyer the subject to planning proposal on this and it has been estimated to take 10-12 weeks to get a answer from the councils. If granted, which in the cards is highly likely due to a few neighbours doing the same on the road, then it will by all means be a guaranteed high return on investment. the expected GDV (Gross Development Value - £3.4m+) Keep in mind £1800 is the cost per Square foot in the area, once three flats are built total expected SQR Ft - 2022 / SQR M - 187.94
Although the Home still sits perfectly the way it is also and with a nice quick luxury renovation you will still find this home to be marked with an abundance of dynamic aspects and uses to the new purchaser.
In terms of location it's highly sought after and the demand in the area is absolutely on the increase everyday. The Mews House is moments walk away from Holland Park which is one of Royal Kensington's luxury green spaces, Kensington High street, Olympia a chain of shepherds bush amenities as well as transport links in extremely close proximity to your door steps and the station is approx 6 min walk.