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Savills auction lot · WestminsterParking Space No.26 at South Steps Car Park, Prince Consort Road, Kensington, London, SW7 2BL
Commercial in Westminster (SW7 2BL), for sale by auction with Savills on 24 November 2026, lot 485. Guide £70,000+.
Finance view
Specialist only
Only a small number of specialist lenders. The loan that fits: Land without planning, as this is land with no planning consent stated.
Likely loan
Case by caseOn the purchase price
On the expected hammer
Ask for termsThe guide plus 15%; Savills lots have sold at +22% on the guide (median of 248)
Example rate
1.1% to 1.5% a monthArrangement fee about 2%
In its favour
Inside the M25 (Westminster): the area lenders know best
South Kensington station, about 11 minutes' walk
A park within a three-minute walk
Flood zone 1 (low risk)
Sold vacant
What a lender will look at
Major point A listed building (Penthouse B Albert Court Prince Consort Road London SW7 2BE): works need listed building consent, and fewer lenders lend
Check In the Knightsbridge conservation area: outside works need approval
Check No planning consent: lent on the land value today, not what it could become
Specialist Garages or parking only: few lenders, and small loans
Information a lender will need first
The tenure (freehold or leasehold)
What a lender will ask you for on a land without planning
Photo ID and proof of address
Proof of your deposit and where it came from
The legal pack, read by your solicitor before you bid
Your exit plan: sale or refinance, with evidence (comparables, or a mortgage in principle)
The planning history and any pre-application advice
We grade vacant homes inside the M25 automatically. This lot has the basic details only, because it is not a home we grade (commercial, land or mixed use). Tell us what you need and we'll come back to you, usually within a working day.
Thanks: your enquiry is with us. We'll email or call you, always before the sale.
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We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch. Illustrative only, not an offer of finance: rates, fees and loan sizes depend on the lender, the property and you. Stamp duty, legal costs and the buyer's fee are not included. Your property may be repossessed if you do not keep up repayments on a loan secured on it.
Indicative terms · Auction Watch
Indicative terms
Subject to
Indicative only, from the figures above: not an offer of finance or advice. A specialist will confirm the terms. Your property may be repossessed if you do not keep up repayments on a loan secured on it. Auction Watch is not a lender and does not give financial advice. If you ask for terms, we pass your details to lenders and brokers we work with, who may pay us a fee for the introduction; they make their own decisions and offers. If you are buying a home to live in yourself or for your family, that is a regulated mortgage: we only introduce you to a firm authorised by the Financial Conduct Authority.