Latest Batch of PD Sales Completed
Since the introduction of Permitted Development Rights (PDR) allowing the change of use from offices to residential, Kingsbury have become market leaders in the acquisition, sale and management of PD schemes, and have already completed sales for in excess of 2,750 units across the UK. The last month has seen us conclude transactions on 3 more office buildings, which will now be transformed into housing.
- New North House in Brentwood, where following our acquisition of the property we assisted in managing a planning process to obtain consent for 54 apartments prior to the sale of the building for £6,500,000.
- Cleeve Court in Leatherhead, a modern office on nearly 1 acre with PDR for 45 units sold for £5,550,000.
- Astra House in Lewisham, a 14,000 sq.ft. building with PDR for 15 apartments plus further commercial space sold for £3,400,000.
We have on-going requirements for similar properties suitable for permitted development; please contact firstname.lastname@example.org for initial advice.
back to news