13 Foot Wide Space in Leysfeld Road Selling for over £400,000

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Site comes with planning permission for "one-off" three storey house

A 13 foot wide space, formerly used as a service road on Leysfield Road in Shepherd's Bush is being sold for over £400,000.

Local estate agent Kerr & Co Residential said a best and final offer above the £400,000 guide price was accepted for the "unusual plot" last Monday adding that the plot had generated high interest from a number of developers and was sold subject to contract to a UK-based buyer, it added.

The site is being sold with permission to build a three storey house, including a basement, designed by architects Robert Barnes.

The site was once owned by Hammersmith and Fulham Council but was sold by Notting Hill Housing Trust to the present owners in 2002.

Its current owners, Paul and Debbie Potts, twice had plans for a new two-storey home rejected for the site, but were finally successful on 11 November 2015.

H&F Council say the new building will help provide "much needed" additional housing in the area.

Robert Barnes describes the project, which could provide two bedrooms on the top floor, a library, dining and living rooms on the ground floor and kitchen in the basement, plus a garden as a "one-off".

But, he told he BBC: " There must be lots of small spaces in London that could be used in this way. As part of a larger scheme on a brown field site this is a great way to solve the housing crisis because each new development would have a proportion of affordable homes. "

News of this sale comes days after it was revealed a storage site on Delorme Street off Fulham Palace Road, measuring just 35 feet by 18 feet, has been sold at auction for an astonishing £466,000.

The priced paid for the vacant site, which also has planning permission for a two-bedroom home, was almost twice the original guide price of £250,000.

You can read the full story here.

May 16, 2016