Goldcrest's Prince of Wales Terrace development gets the go-ahead

After fetching more than three times its estimate at auction, developers who bought the piece of land in Prince Of Wales Terrace have finally been given planning permission to build on it.

Having refused four previous planning applications, the Chiswick Area Committee this week gave the go ahead to Goldcrest Homes to build a two storey building housing eight two bedroom flats and two one bedroom flat.

The previous applications were for six two bedroom houses and two two bedroom flats.

Prince of Wales Terrace, a small street off Devonshire Road, a road behind shops in Chiswick High Road. Access to the new properties will be made via Devonshire Mews.

As with all new developments in Chiswick, parking was a major issue and was raised by many of the surrounding residents who were consulted during the planning process.

The developers have allowed 10 parking spaces in addition to parking for visitors parking and bays for ten bicycles.

A legal agreement has been stipulated preventing residents of the new development from applying for parking permits within the already congested CPZ.

Land at Prince of Wales Terrace fetched a staggering £1,055,000 in December 2005. The amount was more than three times the estimate of £330,000.

February 13, 2008