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Residential Development Opportunity with Hybrid Planning Permission

Hounslow, United KingdomUnlock address

57%

Offers invited

Development

#34440

Value-Add, Opportunistic

7 Sep 2024

Property Details

Broker

For sale

36.97 acres

site area

Freehold

X

Fees

0.00 %

0.40 %

0.40 %

Investment Overview

Extending to 36.97 acres (14.96 ha), the site is in a prominent location, 0.3 miles to Hounslow West Station (Piccadilly Line). The site benefits from a hybrid planning permission for 1,525 residential units, 35% affordable providing a mix of tenures. Included within the extant consent is 1,652 sqm (GIA) of non-residential floorspace (Class E & F) within the detailed component and 1,021 sqm (GIA) in the outline component. The site occupies 56 existing buildings - 38,610 sqm (GIA). The extant consent retains 23 of the buildings, including 14 s showing a new vision for the site considering existing planning constraints. A lower-rise apartment-led scheme and housing-led scheme showing 1,234 units and 808 units respectively. Presented is an opportunity for a buyer to reimagine and revamp one of the largest brownfield sites in West London. Hutchinson & Partners have designed two new feasibility studies showing a new vision for the site considering existing planning constraints. A lower-rise apartment-led scheme and housing-led scheme showing 1,234 units and 808 units respectively.