We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom house · W2 4LU
Listing removedReduced £250k (−7.1%) on 10 JulListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Planning in place to develop two new build houses on a gated mews in Prime Notting Hill (with a combined gdv of c.£9,000,000).
A rare, fully consented residential development opportunity set within a private, gated mews just off Ossington Street, W2, in the heart of Notting Hill-one of West London’s most established and consistently highperforming residential markets.
Planning permission has been granted for the demolition of the existing building and redevelopment (0% VAT rated) into two, to three residential units.
The approved scheme delivers a total Gross Internal Area of approximately 4,560 sq ft, arranged to optimise square footage, privacy and enduser appeal, while remaining sympathetic to the surrounding conservation area.
The project benefits from strong fundamentals: Offers in Excess of: £3.5m Estimated build cost to shell: C. £1.65m (with 0% VAT) Projected gdv (a formal red book valuation available upon request): C.
£9m The architectural approach balances refined classical proportions with contemporary detailing, aligning closely with local market demand and ensuring longevity of value for investors.
The private, gated mews setting provides a notable competitive advantage, offering security, discretion and scarcity-rare local attributes that command a premium at exit.
Call us today to arrange a visit of this consented scheme in a best-in-class location, offering developers a clear route to delivery and strong gross margin potential in a supplyconstrained, Notting Hill micromarket.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 1+2, Ossington Close, London
Explore nearby