Prime London & Country

Total Page:16

File Type:pdf, Size:1020Kb

Prime London & Country Savills World Research UK Residential savills.com/research Spotlight | 2017 Prime London & Country MindHow to match the the expectations gap of buyers and sellers Inside The high premium for coastal living Ranking the world’s tech cities The prospects for a stamp duty cut FOREWORD Great (adjusted) expectations It’s a rare moment when we can say that the in the prime housing markets of our regional cities and prime housing markets beyond the capital rural locations means the gap in buyers’ and sellers’ have performed better than London. But that has expectations is smaller and the market is more fluid. been the case since the middle of 2014. Elsewhere in this issue, we look at property hotspots, The introduction of higher rates of stamp duty and identifying the high premiums that coastal (p19) and a 3% surcharge for additional homes have shaped the historic properties (p26) attract. We reveal London's prime market. Increased exposure to capital gains tax position in Savills Tech Cities ranking (p10), and for international buyers cooled the prime central review the super-prime property market across central London market, while Brexit uncertainty compounded London, the Home Counties and private country this effect across the prime London market as a whole. The surprise UK election announcement will add to the uncertainty in the short term, but is unlikely to change the shape of our forecasts. The gap between buyers’ In the state of the market (p4), Katy Warrick looks at the situation for buyers and sellers in London, and and sellers’ expectations at what the future holds. Kirsty Bennison takes up the story beyond London. Although not immune to tax is wider, contributing to pressures, the prime suburban markets have been less exposed, resulting in modest price growth and some a pool of overpriced stock interesting emerging trends. Clearly, sellers have had to adjust their expectations. estates (p22). I weigh up the evidence and prospects In prime central London, there is evidence that the for a future cut in higher-rate stamp duty (p16). market understands this. In the rest of prime London, Looking ahead, the market will remain price the market seems further from acceptance, meaning the sensitive during the next 18 to 24 months. Over time, gap between buyers’ and sellers’ expectations is wider. political uncertainty will pass and the market will That is contributing to a greater pool of overpriced adjust to whatever tax environment it faces. That stock. Even if values do not fall much further in this should set the platform for greater optimism market, sellers’ expectations of them will have to. and a return of more consistent price growth. The resulting lack of liquidity in this market has had an impact on the flow of housing wealth leaving the capital for prime housing in the commuter zone. Lucian Cook UK Residential Lower price growth over the past dozen or more years 020 7016 3837 [email protected] All properties shown in this 4-9 14-15 20-21 publication are listed for sale STATE OF THE MARKET FORECAST PRIME RENTALS with Savills. For more information, How prime housing outside Stamp duty. Brexit. Uncertainty Prime lettings are feeling the please call 020 3797 6817. London is outperforming the has cooled the prime market, but impact of growing stock levels capital. We look at new trends a longer-term recovery lies ahead and weaker corporate demand Prime London 10-11 16-18 22-25 and Country 2017 TECH CITIES STAMP DUTY SUPER PRIME The views expressed in this publication are not necessarily those of Savills or the publishers. The London is a big draw for the tech What are the chances of a cut in Assessing the super-prime market information contained in this publication is correct at time of going to press. All rights reserved. No material sector, but will the capital’s high higher level stamp duty to bring in central London, the Home may be used in whole or in part without the permission costs undermine its future status fresh life to the market? Counties and country estates of Savills. While every care is taken in compiling content, Savills does not assume responsibility for effects arising from this publication. 12-13 19 26 BUYER PROFILES COASTAL PROPERTIES LISTED LIVING We profile five influential Looking to buy a property on the Historic houses are highly types of buyer whose decisions coast? Prepare to pay a sizeable sought-after properties – and will shape the future market premium for the privilege have a premium to match savills.co.uk/research 3 STATE OF THE MARKET Prime under pressure The prime housing markets outside London may have only experienced modest growth since mid-2014, but they have outperformed the capital. Katy Warrick examines the future of the prime London market, while Kirsty Bennison looks at trends in the prime markets beyond the capital Brexit uncertainty has compounded the cooling effect of stamp duty across the London market 4 savills.co.uk/research STATE OF THE MARKET The prime market: a definition This market consists of the most desirable and aspirational property by location, aesthetics, standards of accommodation and value. Typically, it comprises properties in the top 5% of the market by house price Prime country markets have been less exposed to some of the factors that caused London to falter savills.co.uk/research 5 STATE OF THE MARKET WORDS KATY WARRICK Prime London remains sensitive to change By the end of March 2017, prices in the prime London have begun to push against the limits of the loan-to- market had fallen by an average of 6.1% from their income ratios lenders are prepared to offer. Here, it 2014 peak. For the prime central London market, the was not until the Brexit vote that prices started to price adjustment has been a fall of 13.2%. Much of the show some give, falling 4% in the second half of 2016. blame has been laid at the door of stamp duty. This indicates Brexit uncertainty has compounded However, this is just one element of the story. the cooling effect of stamp duty in the prime London market. To date, this has been down to sentiment, Not just about stamp duty driven by uncertainty over the future, rather than any In the immediate aftermath of the December 2014 identifiable weakening in the London economy. stamp duty changes, prices fell by 4.4% in the prime But the impact has been real and sellers understand central London market. They fell by a further 3.6% they have to adjust expectations – asking over the following the announcement of the extra stamp duty odds for your property is a passion-killer for buyers. levy on purchases of investment property and second homes in December 2015. The scale of these falls Is London bottoming out? reflect that the central London market has also been TwentyCi tracks market activity and its data shows affected by international buyers’ increased exposure that, relative to the number of sales, since April 2016 to capital gains tax and inheritance tax. there have been 70% more cuts in asking prices of Together, these tax changes have served to make prime property in London than in the country. But these buyers more reluctant to exploit the weakness there is evidence these cuts are coaxing buyers back. of sterling. It also left the market more exposed to Of course, the market remains price sensitive. In the uncertainty following the vote to leave the EU, which first quarter of the year, prices in central London fell triggered a further 4.8% fall in central London prices by a further 0.8%. Across the other London markets, during the six months to the end of December 2016. they showed no movement. That suggests the market The other more domestic prime London markets, is finding its level. However, as the impact of serving despite being rich in equity, have also been constrained Article 50 becomes clearer, it will be sensitive to the by mortgage regulation. Buyers who need to borrow ebbs and flows of sentiment in uncertain times. Price movements in prime London The prime market in the capital has remained sensitive in the wake of stamp duty changes and Brexit. Realistic pricing is key 8.0% 1 Key: Prime central London Other prime London 6.0% 4.0% 2.0% 3 4 0.0% Quarterly growth -2.0% 2 -4.0% Mar 2011Jun 2011Sep 2011Dec 2011Mar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017 1 Though slowed by successive stamp duty increases, prices in central London rise by 26% between March 2011 and September 2014 2 Prices in prime central London fall by 4.4% in the immediate aftermath of the December 2014 stamp duty reforms 3 Values in central London fall by a further 3.6% following the announcement of the 3% stamp duty surcharge on additional homes 4 In the six months after the EU referendum, prices adjust by 4.8% in central London and by 4% elsewhere Source Savills Research 6 savills.co.uk/research STATE OF THE MARKET Market moves In the period following the 2014 stamp duty changes, prices in the prime London market have gone through large adjustments, particularly in the highest price sector £10m+ -15.5 £5m-£10m -12.8 £3m-£5m -10.1 £2m-£3m -8.7 £1m-£2m -5.2 £500k-£1m 0.0 -18% -16% -14% -12% -10% -8% -6% -4% -2% 0% Growth since 2014 peak Source Savills Research savills.co.uk/research 7 STATE OF THE MARKET WORDS KIRSTY BENNISON Stop-start in the town and country markets Beyond London, the prime market has seen some However, this broad average disguises some trends marked changes compared to those in the capital.
Recommended publications
  • 45 Chester Square, London, SW1W 9EA PDF 827 KB
    Item No. 9 CITY OF WESTMINSTER PLANNING Date Classification APPLICATIONS For General Release COMMITTEE 28 February 2017 Report of Ward(s) involved Director of Planning Knightsbridge And Belgravia Subject of Report 45 Chester Square and 44-45 Ebury Mews, London, SW1W 9EA, Proposal Variation of Conditions 1 and 6 of planning permission and condition 1 of listed building consent both dated 15 December 2011 (RNs: 11/07657/FULL and 11/07659/LBC) for demolition and rebuild of 44 Ebury Mews to provide a self-contained residential unit at ground and first floor level, formation of new basement beneath mews building to provide additional residential accommodation in connection with the main house at 45 Chester Square, construction of a four storey lift shaft extension to the rear of 45 Chester Square, installation of mechanical plant within front basement vaults, infill extension to rear lightwell, and rebuilding of part rear façade, namely provision of roof terrace with railings on part of the roof of 44 - 45 Ebury Mews with access via doors in rear elevation of 45 Chester Square. Agent Gerald Eve LLP On behalf of Mr Brett Henderson Registered Number 16/08638/FULL Date amended/ 7 September 2016 16/08639/LBC completed Date Application 7 September 2016 Received Historic Building Grade Grade II Conservation Area Belgravia 1. RECOMMENDATION 1. Grant conditional permission and conditional listed building consent. 2. Agree the reasons for granting listed building consent as set out within informative 1 of the draft decision letter. 2. SUMMARY 45 Chester Square is a Grade II listed building located in the Belgravia Conservation Area.
    [Show full text]
  • 50 Upmarket Steps in the West End the Tarmac Walkers Go Upmarket
    50 upmarket steps in the West End The Tarmac Walkers go upmarket Start: Sloan Square 10:45 Tuesday October 8th 1 The Royal Hospital Chelsea Designed by Sir Christopher Wren Founded by Charles 2nd persuaded by Nell Gwynn 2 Ranelagh Gardens Most fashionable pleasure gardens in 18thC The most convenient place for courtships of every kind 3 National Army Museum Covers period From Civil war to date Opened March2017 after major refit 4 Oscar Wilde The importance of Being Earnest written here Forced to sell house to pay legal fees of court case 5 Chelsea Old Church Sir Thomas Moore 6 Crosby Hall Part of mansion Built 1466 in Bishopsgate To Chelsea early 20thC when mansion demolished for road widening 7 Brompton Cemetery Henry Augustus Mears Founder of Chelsea FC Beatrix Potter Often walked here and used names for Characters 8 Moravian Burial Ground Moravian settled here mid C18th Moravian believe in equality in death so all gravestones are the same 9 Bluebird Restaurant Owned by Conrans. Originally Bluebird Garage With room for 300 cars and separate lounges for Owners, Ladies and Chauffeurs 10 Old Rectory Former rectory for St Luke's 2.5 acre garden one of the largest private gardens in London 11 St Luke's Church Built in 1820's to seat 2500 Chelsea Cathedral Tallest nave of any London church 12 Royal Avenue A project abandoned when Charles 2nd died The first part of an intended route to Kensington Palace 13 Saatchi Gallery Formerly Duke of York's regiment HQ The whole site sold by MOD for £66mill in 2000 14 Belgravia Sir Thomas Grosvenor married
    [Show full text]
  • Mayfair and Belgravia Public Realm Handbook July 2009
    Mayfair and Belgravia Public Realm Handbook July 2009 Foreword Quis custodiet ipsos custodes? F Mayfair and Belgravia are celebrated internationally public realm is our vision, but recognising that as two of the finest locations in London in which to places are for people and that traffic should play a live and work. They are defined by a rich and complementary role in that vision and not a historic fabric dating from the 1700s and display dominant one. many examples of period buildings of exceptional quality and heritage value as well as more recent However, there are many ‘guardians’ involved in examples of buildings of outstanding architectural making the streets of our cities what they are. Peter Vernon, Chief Executive Grosvenor merit. They have played an important part in the From individual users and building occupiers, to Britain and Ireland development of our city. developers, utility companies, statutory authorities, highway engineers and, of course, land owners. However, London has become dominated by its All these bodies have a significant individual and traffic, and suffers not only from congestion and cumulative impact upon the quality of our streets pollution, but from the adverse visual effects that and spaces – our public realm. Unfortunately, it is traffic infrastructure brings to the quality of its often all too easy for them to consider and focus streets and public spaces. London’s historic areas upon their own individual activities and impacts have also experienced this intrusion. Whilst upon our streets rather than seeking a co-ordinated retaining the many fundamentals of high approach to today’s urban challenges.
    [Show full text]
  • A Refurbished Grade II Listed House Located on One of the Most Sought After Squares in London Chester Square, Belgravia, London, SW1W
    A refurbished Grade II listed house located on one of the most sought after squares in London Chester Square, Belgravia, London, SW1W £14,995 pw (£64,978.33 pcm) plus fees apply, Furnished Available from 25th October 2019 6 bedrooms • 4 bathrooms • 2 shower rooms • 5 reception rooms • kitchen • 2 terraces • balcony • garage • lift Local Information extended to an exceptionally high Chester Square is regarded as standard. The house benefits one of prime central London's from five double bedroom suites premier addresses. Victoria plus staff accommodation, grand Station with an express link to first floor drawing room, dining Gatwick Airport is 0.3 miles from room with views over Chester the property. The world renowned Square, passenger lift, garage, shops and restaurants of the large south facing roof terrace, Kings Road (0.5 miles) and cinema room and wine cellar. The Knightsbridge (0.7 miles) are house enjoys the latest in audio nearby (all distances are visual and lighting technology as approximate). well as air conditioning and under floor heating. About this property 74 Chester Square is a newly Furnishing refurbished, freehold, white Furnished stucco fronted family home situated in a highly sought after Local Authority position within this renowned City Of Westminster Belgravia garden square. Energy Performance Chester Square is one of EPC Rating = D Belgravia’s three principal garden squares, alongside Belgrave Viewing Square and Eaton Square. Built in All viewings will be accompanied the mid-19th century the houses and are strictly by prior in Chester Square enjoy arrangement through Savills wonderful views over the private Sloane Street Lettings Office.
    [Show full text]
  • The Resilience of a London Great Estate: Urban Development, Adaptive Capacity and the Politics of Stewardship
    Journal of Urbanism: International Research on Placemaking and Urban Sustainability ISSN: 1754-9175 (Print) 1754-9183 (Online) Journal homepage: http://www.tandfonline.com/loi/rjou20 The resilience of a London Great Estate: urban development, adaptive capacity and the politics of stewardship Juliet Patricia Davis To cite this article: Juliet Patricia Davis (2017): The resilience of a London Great Estate: urban development, adaptive capacity and the politics of stewardship, Journal of Urbanism: International Research on Placemaking and Urban Sustainability, DOI: 10.1080/17549175.2017.1360378 To link to this article: http://dx.doi.org/10.1080/17549175.2017.1360378 © 2017 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group Published online: 05 Aug 2017. Submit your article to this journal Article views: 24 View related articles View Crossmark data Full Terms & Conditions of access and use can be found at http://www.tandfonline.com/action/journalInformation?journalCode=rjou20 Download by: [Cardiff University Libraries] Date: 09 August 2017, At: 08:22 JOURNAL OF URBANISM, 2017 https://doi.org/10.1080/17549175.2017.1360378 OPEN ACCESS The resilience of a London Great Estate: urban development, adaptive capacity and the politics of stewardship Juliet Patricia Davis Welsh School of Architecture, Cardiff University, Cardiff, UK ABSTRACT KEYWORDS This paper explores the concept of resilience through the planning, Resilience; adaptive capacity; development and management history of one of London’s Great London; Great Estates; Estates. The Grosvenor Estate in Mayfair and Belgravia was developed Grosvenor incrementally from the 1720s and continues to be managed on behalf of the aristocratic Grosvenor family. The Great Estates have been described as exemplars of resiliently managed evolution in response to change in several publications and resilience acquired a strategic significance for Grosvenor in the early twenty-first century.
    [Show full text]
  • THE CAPTURE Ep 4
    THE CAPTURE Written by Ben Chanan EPISODE FOUR: 'Blind Spots' NB. Scene Numbers are now locked. NB. Page Numbers are now locked. Shooting Script (22/11/18) HTVP Limited Central St Giles St Giles High Street London WC2H 8AG CONFIDENTIAL: Copyright - This material is the property of HTVP Limited. Distribution or disclosure of the material to unauthorised persons is prohibited. The sale, copying or reproduction of this material in any form is also prohibited. Please do not discuss the contents of this script with anyone outside the production. This sending of this script does not constitute an offer of employment. The Capture, Ep. 4 Shooting Script (22.11.18) 1. 1 EXT/INT. DUAL CARRIAGEWAY/FLYNN’S CAR. NIGHT 1 Flynn’s car belts along the carriageway, lights and sirens. CONTROL ROOM OP (O.S.) All units in pursuit, Suspect vehicle on the Venners Farm North Road. Suspect is currently on foot. Stationary. Flynn and Latif glance at one another: Stationary? 2 INT. COUNTER TERRORISM COMMAND, SURVEILLANCE CONTROL. NIGHT 2 As we last saw them, Rachel Carey, Gemma Garland, Phillips and several Control Room Ops are gathered at the monitors. GARLAND What is he doing?? PHILLIPS Us a favour? Nothing like a full frontal for clarity. On screen: Shaun Emery, standing by Mat’s car, glaring right into lens. Carey stares back at him. PHILLIPS (CONT’D) Hello mate. Now just send us a swab of your DNA and we’re done. Carey makes a decision: she turns to leave. GARLAND Don’t you need to stay and command? Carey glances at the monitors, unable to hide her wariness.
    [Show full text]
  • View Brochure
    67 CHESTER SQUARE 67 CHESTER SQUARE HERITAGE & DISTINCTION One of the most impressive newly refurbished Eccleston Street and Lower Belgrave Street. To houses in Belgravia, with garden views, fully the west and also very nearby, there are first integral mews, garaging, passenger lift and class facilities in Sloane Square, including Peter roof garden. Jones, the international designer labels of Sloane Street and the galleries and antique shops of Located on the south eastern corner of Chester Pimlico Road. The gardens of Belgrave Square, Square and enjoying the quietest position, this is a with a tennis court and childrens’ play area, are substantial and considerably larger than average located just to the north, which residents can family house. The house uniquely benefits from a use (subject to certain conditions laid down by double mansard allowing six bedrooms upstairs Grosvenor Estate). and an unusually large mews house to the rear, with a passenger lift to all floors. This Grade II Belgravia was built almost entirely on the “Five listed house has been the subject of an extensive Fields”, part of the land acquired by Sir Thomas renovation under the expert supervision and Grosvenor in 1677 on his marriage to the heiress project management of renowned designers Mary Davies. The name is derived from Belgrave Wilben. The extent of the quality of finish, Square, the origin being Belgrave, a small village design and specification is second to none, with in Cheshire on the Grosvenor’s ancestral estate. air conditioning, Lutron lighting, Control4 fully The entrepreneurial Grosvenor family, identifying automated audio visual, passenger lift, under floor a smart new district between Chelsea and Mayfair, heating, comprehensive security, surround sound instructed James Wyatt to prepare an early plan to cinema and a large double garage.
    [Show full text]
  • Belgravia Area Guide
    Belgravia Area Guide Overview: • London’s Belgravia is known to be one of the most exclusive districts in the world. Developed in a large part by Thomas Cubbitt from the 1820’s under the leadership of the Marquis of Westminster, much of the area is still owned by the family today. Modern Belgravia still houses the Royals, rich and famous but is also known for its bijou village and café culture. • Along Elizabeth, Motcomb and Ebury Streets you can find boutique shops, patisseries, cafes, restaurants and a buzz of activity which has been heavily encouraged and developed by the Grosvenor Estate who are keen to retain a community environment. Did You Know: • Belgravia was home to the famous Lady Astor, the first woman in Britain to hold a seat in parliament and become an MP • The Philip Treacy Fashion house, hat maker to the royals, can be found on Elizabeth Street • James Bond (aka Sean Connery) was once a famous resident on the exclusive Eaton Square which coincidentally is right around the corner from his maker, the writer Ian Fleming’s house on Ebury Street • Frankenstein’s creator, Mary Shelley might have got some inspiration on the streets of Belgravia while living on Chester Square • Queen Wilhelmina of the Netherlands famously fled from her Dutch Kingdom to escape Nazi invasion and sought sanctuary in the corner of the pretty Chester Square • Another famous resident on the popular Chester Square was our first and unforgettable female prime minister Margaret Thatcher • One of the world’s greatest musicians Mozart lived right in the heart of Belgravia on Ebury Street where he is said to have composed his first symphony • Wilton Crescent in the North of Belgravia was home to Louis Mountbatten, Uncle to Prince Philip and the 1st Earl Mountbatten of Burma Going out: Where to Eat: • Petrus – Gordon Ramsey’s Michelin starred modern French restaurant with a chefs table and seriously impressive wine list, you can’t go wrong! • The Fine Cheese Company – need we say more.
    [Show full text]
  • Lower Belgrave Street
    Lower Belgrave Street SW1 A traditional freehold Belgravia townhouse, located between prestigious Eaton Square and Chester Square with a large garden and a sizeable roof terrace. The house has excellent entertaining space with interlinking Firstreception paragraph, rooms oneditorial the ground style, floor short, with considered the large familyheadline kitchen benefitsat the rear. of Thereliving ishere. an elegantOne or twodouble sentences reception that on convey the first what floor youwith would access say to in the person. large terrace and on the lower ground floor a media/family room leading onto the garden. There is a master Secondbedroom paragraph, with dressing additional area and details en suite of note bathroom about the and three property.further bedrooms Wording toon add the valuetop floor and and support lower image ground selection. floor, plus a Tem volum is solor si aliquation rempore puditiunto qui utatis gym, which could also be used as a further bedroom. This light adit, animporepro experit et dolupta ssuntio mos apieturere ommostiand bright squiatihouse hasbusdaecus open westerly cus dolorporum views towards volutem. Chester Square and has the benefit of air conditioning throughout. Third paragraph, additional details of note about the property. Wording to add value and support image selection. Tem volum is solor si aliquation rempore puditiunto qui utatis adit, animporepro experit et dolupta ssuntio mos apieturere ommosti squiati busdaecus cus dolorporum volutem. XXX X GreatThe house Missenden is situated 1.5 miles, in the London heart of Marlebone Belgravia on39 Lowerminutes, AmershamBelgrave Street 6.5 miles, which M40 is conveniently J4 10 miles, located Beaconsfield just off 11Eaton miles, M25Square j18 and13 miles, Chester Central Square.
    [Show full text]
  • Grosvenor Walk in Belgravia
    DISCOVER A HISTORY WALKING IN BELGRAVIA A GUIDED WALK THROUGH THE HEART OF BELGRAVIA BELGRAVIA: A HISTORY The Grosvenor family has owned the 80 hectares (200 acres) of Belgravia since 1677, when Sir Thomas Grosvenor married Mary Davies, heiress to part of the Manor of Ebury. At that time, the southern part of the manor bounded by Chelsea, Hyde Park and Buckingham Palace, known as the Five Fields, was open land – a mix of swamp, pasture, orchards, a few scattered houses and much of it the haunt of highwaymen. HOUSING BOOM The end of the Napoleonic Wars brought a great housing boom to London. This, and the conversion of the nearby Buckingham House into a palace for George IV in 1826, was the catalyst for the development of the Five Fields as one of the most fashionable and desirable residential areas of central London. (The Grosvenors had already developed Mayfair a hundred years earlier). AN ELEGANT ESTATE Working to the vision of Robert, 1st Marquess of Westminster, Thomas Cundy (the Estate Surveyor) and Thomas Cubitt (master builder), oversaw the development of Belgravia into an elegant estate in the classic Regency style of squares, streets and crescents, aligned to overlook private gardens surrounded by unified palazzo façades. Some of the larger houses have now become the headquarters of commercial businesses, institutions and embassies, while the development of large modern offices has been encouraged on the perimeter of the Estate. However, the vast majority of Cubitt’s work still survives and almost the whole of Belgravia is included in a statutory Conservation Area.
    [Show full text]
  • A Stunning Example of a Prestigious Family Home Set on One of London's Premier Garden Squares Chester Square, Belgravia, London, SW1W
    A stunning example of a prestigious family home set on one of London's premier garden squares Chester Square, Belgravia, London, SW1W £7,250 pw (£31,416.67 pcm) plus fees apply, Unfurnished Available now Six bedroom suites • Family kitchen situated on the ground floor • Grand dining room • First floor double reception room • Media room • Excellent outside space • Access to garage from the rear of the house Local Information feet of accommodation across six Chester Square is a newly floors. refurbished white stucco fronted family home situated in a highly The property has been sought after position within this reconfigured to provide a family renowned Belgravia garden kitchen on the ground floor of the square. property, along with a relaxed family room to the rear and a Chester Square is one of formal dining room to the front. Belgravia’s three principal garden squares, alongside Belgrave The first floor has been preserved Square and Eaton Square. Built in to offer a grand double aspect the mid-19th century the houses drawing room with access on to a in Chester Square enjoy terrace to the rear. wonderful views over the private lawned gardens, of which the Upstairs offers an impressive residents have exclusive use. master suite, and four further guest suites. There is a sixth At the western end of Chester bedroom suite in the lower ground Square is Elizabeth Street with its floor of the house, along with a village atmosphere, boutique media room, utility room and shops and fine restaurants. access to the garage in the Sloane Square and the Kings mews.
    [Show full text]
  • 51 Chester Square, London, SW1W 9EA
    Item No. 05 CITY OF WESTMINSTER PLANNING Date Classification APPLICATIONS SUB For General Release COMMITTEE 19 September 2017 Report of Ward(s) involved Director of Planning Knightsbridge And Belgravia Subject of Report 51 Chester Square, London, SW1W 9EA Proposal Variation of Condition 1 of planning permission dated 02 March 2017 (RN: 16/12193/FULL) which varied permission dated 3 November 2016 (RN: 16/06367/FULL) for excavation of additional basement level under the main house and mews. Replacement of existing conservatory with two storey rear extension with roof terrace at first floor level. Single-storey lower ground rear link extension. Installation of mechanical plant on roof of mews building (site includes 51 Ebury Mews). Namely, to extend the existing closet wing at rear second floor level to accommodate lift. (Linked to 17/03887/LBC). Agent Ms Charlotte Handscomb On behalf of c/o agent Registered Number 17/03669/FULL Date amended/ 28 April 2017 17/03887/LBC completed Date Application 28 April 2017 Received Historic Building Grade Grade II Conservation Area Belgravia 1. RECOMMENDATION 1. Grant conditional permission. 2. Grant conditional listed building consent. 3. Agree the reasons for granting listed building consent as set out in Informative 1 of the draft decision letter. 2. SUMMARY This proposal relates to a Grade II listed building and mews property (51 Chester Square and 51 Ebury Mews) located on the south side of Chester Square within the Belgravia Conservation Area. Planning permission and listed building consent are sought to vary existing permissions and listed building consent to enable the extension of the existing closet wing at rear second floor level to accommodate a lift.
    [Show full text]