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Lowndes Square, London, SW1X - Image 1
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Lowndes Square, London, SW1X

London

£25,000,000
Listed on 19/04/2023

Property Details

Bedrooms
10
Type
Terraced
Area
7106 sqft

Description

This distinctive freehold 'key-house' in Knightsbridge presents a significant renovation opportunity, with existing planning permissions for an expansive single-family residence paired with a mews house. Currently configured as three independent apartments and a mews structure at the rear, this property stands out on the prestigious east side, boasting direct views towards Sloane Street. The approved plans envision the transformation of this space into a luxurious home featuring ten spacious bedroom suites, grand entertaining areas, a large passenger lift ensuring step-free access throughout, multiple outdoor terraces, and an impressive swimming pool with spa facilities. Additionally, there will be internal parking for two vehicles alongside extra private parking in the mews. A notable advantage of this property is its non-listed status and exemption from conservation area restrictions or estate management schemes, providing greater flexibility for development. Lowndes Square itself is situated within central London's elite garden squares, offering proximity to Hyde Park's vast green spaces and an abundance of high-end amenities including renowned department stores like Harrods and Harvey Nichols, upscale hotels, fine dining establishments, cultural venues, and educational institutions. With Heathrow airport located approximately 14 miles away and the surrounding area replete with luxury living options, this key-house offers unparalleled investment potential in one of London’s most sought-after locales.

Investment Analysis

(SW1 area)

Above Market Value

This property is priced +159.2% above area average per sq ft

+159.2%
This Property
£3,518/sq ft
Area Average
£1,357/sq ft
Avg Rent (weekly)
£1,057
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£2,000,000 - £3,500,000
Target Value
£10,610,644
10% above area average per sq ft
Potential ROI
-62.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (SW1)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -25.1%
5 year growth: -11.9%
Investment Disclaimer: Analysis based on SW1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lowndes Square, London, SW1X
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£90,165
Based on a loan of £18,750,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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