Investor-developer Bentry Capital has purchased Branch Hill House in Hampstead Village for £16.4m and has plans to convert the Edwardian mansion into a super-prime apartment complex.

The new No.1 Hampstead is set to become a gated scheme of 50 premium lateral apartments set in 1.7 acres of landscaped gardens.

Branch Hill House currently provides 23,456 sq ft of accommodation across a grand Edwardian Baroque mansion built in 1901 by Ernest Flint and architect Henry Flitcroft for banking tycoon John Nivison, 1st Baron Glendyne.

In 1964 the local council purchased the site and the house became a care home which operated until 2015.

Bentry Capital will now return Branch Hill House to its residential origins with the 1960s extension replaced by a new-build wing that will echo the Edwardian architecture.

Stanhope Gate Architecture will work with Bentry Capital to revive a lapsed planning consent while construction will be led by Bentry Capital’s in-house arm, Mellior Group, with an anticipated three-year build programme.

David Ronson, National Director of Sales & Marketing at Bentry Capital, says: “Once fully restored and extended, Branch Hill House will bring a grand Sandringham-style residence offering premium apartments to the Hampstead market. This will be one of the most exclusive residential schemes in the area, and we anticipate significant interest.”

Branch Hill House today

Amarveer Singh Pannu, Co-Founder and Director of Bentry Capital, added: “The site is in a prime location in sought-after Hampstead Village, and the existing building has a rich heritage and beautiful architecture.

“We know that local buyers are seeking luxurious homes in gated communities without onerous service charges, and we look forward to bringing No.1 Hampstead to life.