**Key Features:**
- **Location:** Prime Knightsbridge, 0.3 miles from Knightsbridge Station, 0.5 miles from Sloane Square Station, and 0.2 miles from Harrods.
- **Development Potential:** Approved plans for a contemporary two-storey mews house with a mansard and basement level, totaling 2,409 sq ft.
- **Current Condition:** Existing two-bedroom house (1,223 sq ft) producing rental income of £108,000 per annum.
- **Freehold Tenure:** Offers buyers ownership flexibility.
- **Investment Reminder:** CIL liability is approximately £103,000 with potential exemptions for primary residence developments.
Nestled in the affluent heart of Knightsbridge, this rare freehold opportunity offers exciting potential for both investors and developers. The current two-bedroom mews house is perfectly positioned to leverage rental yield while approved plans allow for transforming the property into a spacious contemporary design with modern amenities, contributing to its future value. Just moments away from luxury shopping and public transport, this is not only an investment but also a lifestyle choice.
However, potential buyers should be aware of ongoing maintenance implications due to the current property condition. The market for exclusive properties in this highly sought-after location is competitive, so seize this exceptional chance to breathe new life into a Knightsbridge gem before it’s gone! Offers in excess of £2,750,000 STC could pave the way for a lucrative investment in one of London's most prestigious locales.
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