28-32 Pembridge Gardens, London, Notting Hill | Property for sale | Savills
26,058 sq ft(2,420.87 sq m)
Guide price £17,000,000(฿733,838,286)

28-32 Pembridge Gardens, LondonNotting Hill

  • New
  • Joint Sole Agent
  • Freehold
Land
26,058 sq ft (2,420.87 sq m)

Key features

  • Three substantial interconnected Grade II Listed Buildings
  • The white stucco-fronted Georgian villas are arranged as student accommodation
  • The NIA extends to 22,008 sq ft and comprises 85 student beds
  • The GIA extends to 26,058 sq ft GIA
  • Substantial opportunities for refurbishment and/ or redevelopment STC
  • Outstanding transport connectivity, being situated 200m from Notting Hill Gate
  • CLUED for unrestricted student accommodation (Sui Generis) was granted Sep 2024
  • Unconditional offers are invited for the freehold interest w/ vacant possession
  • Guide Price: £17,000,000 (reflecting a low capital value of £652psf)

A STUNNING SUI GENERIS STUDENT REFURBISHMENT/VALUE ADD OPPORTUNITY IN PRIME NOTTING HILL

About this property

  • The Property consists of 3 large interconnected Georgian villas, most recently in use as student accommodation and laid out over lower ground, ground and three upper floors. The current accommodation is arranged in the form of single and twin rooms over the upper floors, some of which feature en-suite bathrooms and some that share communal bathroom facilities. At lower ground and ground floors, each building comprises either communal kitchen and living space, or staff office accommodation. The rear of the Property is accessed via the lower ground floor and provides a paved patio area for communal use.

Local information

  • 28-32 Pembridge Gardens is located in Notting Hill, within the Royal Borough of Kensington and Chelsea.
  • The Property occupies a prominent position on the west side of Pembridge Gardens just to the south of Pembridge Square, a beautiful tree lined garden square.
  • Pembridge Gardens is within close proximity of the iconic Portobello Road, providing boutique shops, gastropubs, independent coffee houses and restaurants.
  • Kensington Gardens Hyde Park is an extremely attractive doorstep amenity providing c.350 acres of parkland, ponds, boating lake and further facilities. Holland Park is also a short distance to the south-west. The area benefits from outstanding transport connectivity (PTAL rating 6A) via the London underground network with the Property situated next to Notting Hill Gate (Central, District & Circle Lines 200m), Queensway (Central Line – 0.5 miles)and Bayswater (District & Circle – 0.5 miles).

Additional information

  • The Property is located within the Royal Borough of Kensington & Chelsea, and the Pembridge Conservation Area. Pembridge Gardens is characterised by a mix of large stucco-fronted buildings, a large number of which are Listed, alongside more modern blocks of apartments. On 10 September 2024, a CLEUD (Ref: /CL/24/04850) was granted for unrestricted student accommodation (Sui Generis).
  • The Property offers the potential for continued Sui Generis student use. In addition, there are significant opportunities for refurbishment / reconfiguration and/or re-development, respecting the setting and heritage of the Property, subject to the relevant planning and listed building consents. Alternative potential uses include residential and hotel amongst others, subject to obtaining the necessary consents.
  • We understand that 28-32 Pembridge Gardens were built by William and
  • Francis Radford in circa 1857. No 28 was first Listed in 1984 and Nos 30 and 32 in 1974 (English Heritage ID: 422719, 422720 & 422721). The three buildings that comprise the Property, were previously detached, however we understand they were combined in the 1970’s as part of their historic hotel use. Whilst some historic ground floor ceilings remain, the Property has been significantly altered over the years as part of their continued use as hotel/ student accommodation. This includes rear extensions and alterations to the internal layout.