Bentry Capital has bought Department Hill Area in Hampstead Village, an Edwardian mansion, for £16.4m. It plans to increase it right into a gated scheme of fifty top rate flats set in 1.7 acres of gardens.
Building of what’s to be known as No1 Hampstead might be led by means of Bentry Capital’s in-house arm, Mellior Staff, with an expected three-year construct programme.
The freehold web site has lapsed making plans consent (firstly granted in 2021) for residential redevelopment.
No1 Hampstead will shape a part of a brand new choice of traits, known as Bentry Heritage, produced from ancient structures transformed into residential schemes, and a part of Bentry Capital’s £500m (GDV) construction portfolio throughout London and regional towns.
Department Hill Area, off Department Hill Highway, supplies 23,456 sq toes of lodging throughout an Edwardian baroque mansion in-built 1901 by means of Ernest Flint and architect Henry Flitcroft for banking rich person John Nivison, 1st Baron Glendyne. The structure is paying homage to Sandringham Area, which was once remodelled round the similar time (1900), albeit scarred by means of a wing added by means of Camden Council after it took over the development within the Sixties to make use of as a care house, which operated till 2015.
Bentry Capital will now go back Department Hill Area to its residential origins, repair the unique Edwardian duration options and changing the Sixties extension with a new-build wing to check the primary development.
Matter to making plans, the improvement will contain round 50 one-, two- and three-bedroom lateral flats, with a standalone townhouse.
Heritage specialist Stanhope Gate Structure, who designed the unique redevelopment masterplan, will paintings with Bentry Capital to restore the lapsed making plans consent and beef up the unit combine.
Bentry Capital gross sales & advertising and marketing director David Ronson mentioned: “As soon as totally restored and prolonged, Department Hill Area will deliver a grand Sandringham-style place of dwelling providing top rate flats to the Hampstead marketplace. This might be probably the most unique residential schemes within the house, and we look forward to important pastime.”
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