Britain & Ireland - London Belgravia - Chantrey House - Grosvenor

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Britain & Ireland - London Belgravia - Chantrey House - Grosvenor

GROSVENOR credentials

Chantrey House

Bringing a Grade II Edwardian

mansion block on the edge of

Belgravia back to life.

LOCATION

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.

BACKGROUND

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%.

Living cities

www.grosvenor.com


GROSVENOR credentials

TARGET MARKET

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.

ISSUES RESOLVED

• 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.

TEAM INVOLVED

Developer: Grosvenor

Architects:

Moxley Architects

Contractor: Sir Robert McAlpine

Living cities

www.grosvenor.com

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