Bayswater residential development opportunity hits the market

By
Simon Creasey

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Pembridge Developments has put a prime residential development opportunity in Bayswater, London, up for sale.

Full planning permission was granted in March 2026 for a circa £9m GDV scheme comprising two luxury homes and an apartment at 1, 2, and 6 Ossington Close.

The scheme, which is situated in the Pembridge Conservation Area, will provide approximately 4,973 sq ft of accommodation with private terraces.

Nick Alderman, partner and head of Central London land at Knight Frank, which has been appointed to market the opportunity, said: “We are excited to bring Ossington Close to the market. Development opportunities of this nature, with planning in place and located in a prime central London setting, are increasingly limited. Given the strong appetite for fully consented opportunities, Ossington Close is well positioned to attract developers seeking a boutique, high quality project in an established and highly desirable residential neighbourhood, set between the charm of Notting Hill and the green open spaces of Hyde Park.”

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