£15m sale of airspace property scheme in prestigious London area

The collection of four penthouses at an airspace development scheme Belsize Park has been sold.

Kings College Court is the first airspace development scheme in Belsize Park, with the quartet of homes achieving £15m of sales in deals led by joint-sole agents Aston Chase and Savills.

Kings College Court is a residential building originally built in 1969 that has undergone a complete transformation by developer Pirton Ltd, with a collection of four penthouses constructed as two new floors on top of the existing building using airspace rights.

The existing building at Kings College Court has been revamped, with each apartment benefitting from a new private balcony, as well as landscaped communal gardens, communal areas and a new entrance foyer.

Simon Deen, director of New Homes at Aston Chase, said: “Kings College Court is an exceptional scheme in Belsize Park and a true success as the area’s first airspace development.

“The penthouse collection offers high-quality homes with fantastic views and it is no surprise that this scheme has proven so popular with buyers.

“The sales success at Kings College Court is testament to the current market’s appetite for unique new-build homes, with Pirton Ltd’s creative use of airspace an exciting indicator of other potential developments for the area.”

The four penthouses at Kings College Court are arranged over the top two floors of the building, as Apartment 49, Apartment 50, Apartment 51 and ‘The Penthouse’, a duplex home.

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