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Ossington Close, Notting Hill, London, W2

PROPERTY TYPE

Mews

BEDROOMS

6

BATHROOMS

6

SIZE

4,560 sq ft

424 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 0% VAT rated scheme with full planning permission granted.
  • Gross Development Value - c£9,000,000.
  • Estimated build cost to shell: c. £1.65m.
  • Please enquire for access to the dataroom.

Description

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.

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Ossington Close, Notting Hill, London, W2

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About OB Private, Notting Hill

170 Westbourne Grove, London, W11 2RW

More than a workspace, our Westbourne Grove office is designed for connection – complete with a dedicated espresso bar at its heart. This is where OB Private’s three pillars of Property, Travel, and Circle come together, turning real estate into something more: a curated lifestyle, a community, and a fresh approach to the industry.

Affordability

Monthly repayments£17,551
Property: £ 3,500,000
Deposit: £ 350,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference NHG250727. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by OB Private, Notting Hill. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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