Bringing a Grade II Edwardian
mansion block on the edge of
Belgravia back to life.
Chantrey House, 4 Eccleston Street, Belgravia SW1.
TYPE OF DEVELOPMENT
Conversion of the existing office space into 36 modern
residential apartments, nine affordable housing units and
five retail units.
CONSTRUCTION START DATE / END DATE
Started in 2002. Completed in 2003.
Chantrey House is a Grade II listed Edwardian mansion
block constructed in the early 1900s. It is located on the
edge of the Belgravia Estate, near London’s Victoria.
As part of a larger commercial development, Chantrey
House was marketed as a use swap, converting the
existing commercial space back to residential use. The
scheme integrates private residential, affordable housing
and retail into the existing retained structure.
KEY SUCCESS MEASURES
• A high quality product, adding to Grosvenor’s
residential retail portfolio.
• Restoration of the elegant stone and brick facades.
• Sensitive integration of the affordable housing units
into the overall scheme and excellent working
relationship with the Registered Social Landlord
– Dominion Housing.
• Excellent working relationship with Westminster City
Council Planners and English Heritage.
• IRR = 18.76%.
• Profit on Cost = 10.15%.
The product was developed as an ‘investment hold’ to add
to Grosvenor’s growing residential portfolio. A selection of
1, 2 and 3 bedroom apartments were designed and specified
to meet the needs of executive occupiers working in London.
STAKEHOLDERS / PARTNERS
100% funded by Grosvenor.
• Worked very closely with Westminster City Council and
English Heritage to achieve and deliver a consent that
sympathetically restored the existing mansion block
back to residential use.
• Successfully delivered affordable housing units and
built up a strong relationship with Dominion Housing.
Contractor: Sir Robert McAlpine