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Investment Highlights

  • Part built apartment block with commercial units on Ground and First floors set on a site of 0.18 Ha (0.44 Acres)
  • 39 Private Sale apartments, 25 Affordable Housing units (15 x Affordable Rent and 10 x Shared Ownership)
  • Situated opposite Acton Park with verdant views from the upper floors.
  • Planning consent for 64 apartments on 2nd to 7th floors
  • Affordable Housing units pre-sold to a major housing association

Executive Summary

Vela West is a residential-led, part built, development opportunity with a planning consent for 64 apartments set over the first to seventh floors and 5 / 6 commercial units on the ground and first floors.
The site which was formally low built warehousing, totals 0.18 ha (0.44 acres) and consists of a part-built apartment block with commercial units on the ground and first floors.
Planning permission (Ref: 195328FUL) was granted by Ealing Council in October 2020 for the “Demolition of existing buildings and construction of a mixed-use, part single storey, part 6 storey and part 8 storey building providing flexible floor space (Use Class B1c/B2/B8 ) to ground floor and first floor and comprising 64 residential flats (Use Class C3) on the 2nd - 7th floors, together with associated parking, cycle parking, landscaping and ancillary works.”
The plans were altered by a Section 73 Minor Material Amendment (S73) on 4th January 2023. The scheme as being developed, comprises 64 apartments totalling 4,224 sq m (45,467 sq ft) NSA arranged over first to seventh floors. The apartment mix is separated into 39 Private Sale apartments (2,489 sq m /26,792 sq ft NSA) and 25 Affordable Housing units. The Affordable provision, sold to a Major Housing Association, is 10 units designated for Shared Ownership (631 sq m / 6,792 sq ft) and 15 for Affordable Rent (1,104 sq m /11,883 sq ft) which are positioned in a separate core.
There are 5/6 commercial units (Use Class B1c/B2/B8) set over the Ground and First floors and offer a total of 1,194 sq m (12,852 sq ft) (GIA)

Attachments

Vela_West_VRE

Property Facts

Sale Type Investment
Tenure Freehold
No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.44 AC
Construction Status Under Construction
Building Size 107,304 SF
No. Stories 8
Year Built 2026

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 64 - -
  • Listing ID: 40262126

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 231 The Vale, London W3 7QS

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