Ormonde House, 8 Eaton Gate, a six storey townhouse located between Sloane Square and Eaton Square has been recently put up for sale for GBP10.8m through Pastor Real Estate.
Totalling 6,225 sq ft the magnificent Grade II listed home is a blank canvass for an ambitious family looking to bag a bargain and settle in London’s most glamorous and sought after addresses.
Grade II listed and in need of modernisation, the home comes with full planning consent to convert the 9-bedroom property into a 4-bedroom modern luxurious family home.
Relatively untouched, residents will appreciate high ceilings and ornate features throughout Ormonde House. From the moment you walk through the front door, you are met with a spacious marble-floored reception hall, finished with ornate plasterwork and decorative fireplace. The grand dog-leg staircase with turned balusters whisks you back to a bygone era and invites you to explore what the house has to offer. Located next to the stairs is the original 4-man wood and mirror panelled lift servicing all floors.
On the ground floor, there is a formal dining room to the front of the property, where the ornate plaster work continues alongside wooden strip flooring with a feature parquet border. To the rear there is a wood panel lounge complete with coffered ceiling.
To the lower ground floor, there is an original silver safe located under the stairs, large kitchen and space for staff quarters. Once remodelled it will provide ample space for a large showcase kitchen with wine room and flexible living space.
Rising to the first floor there is a large formal reception room. Benefiting from the width of the property the large bay window allows for natural light to flood the room emphasising all of the original features.
To the upper floors there are 7-bedrooms, most with en-suite bathrooms. In the planning permission granted, each of these floors will be redesigned; with the creation of 4 spacious bedrooms all en-suite with a dressing room to the master bedroom alongside a family room and study.
David Lee, Head of Sales at Pastor Real Estate, says: “We are delighted to be acting as the sole agent for Ormonde House, 8 Eaton Gate. It is a beautiful home adorned with original features, it requires a thorough renovation but it also offers real value for money and the opportunity to tailor a home to one’s requirements.”
“It is currently on the market for GBP10.8million (GBP1,734 per sq ft), and requires between GBP1.7 – GBP2million worth of work. Subject to the extent and quality of refurbishment, a house like this could achieve a value in the range of GBP14.5-GBP16 million (averaging out at GBP2,449 per sq. ft.), which still offers buyers value for money per square foot.”
The historic development of the Belgravia Area can be traced back to the 1820’s. Where Master Builders and Architect, Thomas Cubitt and Thomas Cundy in conjunction with the Grosvenor Estate developed the west of Buckingham Palace into a glamourous stucco-fronted residential area.
Much of the development in Belgravia was completed by 1865, but Ormonde House was not built until 1905 so is architecturally very different in style to its neighbours. Designed by Balfour and Turner, popular architects to the Westminster Estate, the terrace of homes, including Ormonde House marks the introduction of a more fashionable red-brick and stone style to the area. Turner, an admirer of the Arts and Crafts movement, included attractive detailing and decorative work which remains in the house today.
Located between Sloane Square and Eaton Square, Ormonde House, 8 Eaton Gate is available for sale at GBP10,800,000.