LON D ON & UK PROPE RT Y G L O B A L
LONDON & UK PROPERTY GLOBAL
IN THE KNOW QATA R 2 0 1 7
HOW TO GET THE MOST FOR YOUR MONEY
QATAR 2017 | 30 QATARI RIYAL
HOT spots Your guide to the best locations
Interior Inspiration THE MOST LUXURIOUS TRENDS TODAY
CITY SKYLINE zest.london
Wake up to the capital’s best views T H E L O N D O N P R O P E R T Y M AG A Z I N E
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M O
95
R F
,9
S E
94
IC R P
£6
T H E V I E W TO T H E C I T Y F R O M P LOT 4 5 01
N E ST LE D I N T H E H E A RT OF T H E S OUTH B A NK O N T H E D OORST E P OF T H E C ITY
New phase released, visit our new Show Apartment – Located opposite Borough station for the Northern Line – 77 apartments, penthouses & sought-after freehold mews houses – 24hr concierge service – Some with views of The Shard & the City – Ready for occupation Q2 2017 Sales Suite open daily: Mon 12-7pm, Tues to Fri 11am - 7pm, Sat & Sun 11am - 4pm 180 Borough High Street, SE1 1LH
Borough
The Shard
Tate Modern
St Paul’s Cathedral
The Gherkin
London Eye
6 mins
10 mins
16 mins
17 mins
20 mins
London Bridge
Bank
Waterloo
Liverpool Street
King’s Cross
Canary Whar f
Oxford Circus
Bond Street
1 min
3 mins
6 mins
10 mins
12 mins
13 mins
13 mins
17 mins
www.brandonhouseSE1.com
0203 437 0454 Train Times taken from National Rail. Walking times taken from walkit.com. Distances taken from Google Maps. View photography taken from Plot 4501. Digital illustration is indicative only. Pricing correct on 21.02.17.
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CONTENTS Upfront
06
09
NEW BUILD HOT SPOTS Where are London’s new homes being built?
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LONDON INVESTMENT
Nigle Lewis discovers why investors are going the extra mile
40
20
RETURN ON INVESTMENT Nigel Lewis investigates ROI’s for key areas in London
C i t yS c a p e
40
BULDING THE FUTURE OF QATAR What’s on the cards for this year’s event
london property
44
EDITOR
The most popular searched areas in London S h owc a s e
24
SUSTAINABLE LIVING
Discover the world’s most sustainable residential tower The Beacon
34
FRONT COVER The cover showcases a view of Big Ben from the development Belvedere Gardens in Southbank Place by Canary Wharf Group and Qatari Diar. www.southbank-place.com
56
HOMES WITH HISTORY
New builds are not the only hot property available in the capital
Tamar Van Der Hoek PROPERT Y PUBL ISHER
Andy Elmer
A RT DIR ECTOR
Phil Couzens
SENIOR DESIGNER
Pawel Kuba
DESIGNER S
Ekrem Yilmaz, Rebecca Noonan
28
PRODUCTION M A NAGER
Chris Couchman
LONDON’S FINEST
The most expensive London homes sold in 2016
M A R K ETING M A NAGER
Nefeli Kritikou
34
GROUP COMMERCI A L M A NAGER
James Fuschillo
LIVING THE DREAM Luxurious homes currently on the market
PA TO THE DIR ECTOR S
Kerry Hollingsworth
M A NAGING DIR ECTOR
Sherif Shaltout
5
22
Interiors
For advertising enquiries please call 020 7704 0588 or email: advertising@zest-media.com Subscriptions are available by emailing kerry@zest-media.com
62
ROOM WITH A VIEW
We take a look inside the interiors of Belvedere Gardens of the Southbank Place Development
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A TRUE BRITISH INVESTMENT
Meet interior designer Richard Angel
ZEST MEDIA PUBLICATIONS LTD 197-199, City Road, EC1V 1JN 020 7704 0588 ZEST-MEDIA.COM
Zest Media Publications Ltd. cannot accept responsibility for unsolicited submissions, manuscripts and photographs. While every care is taken, prices and details are subject to change and Zest Media Publications Ltd. take no responsibility for omissions or errors. We reserve the right to publish and edit any letters.All rights reserved.
L O N D O N & U K P R O P E R T Y Q ATA R 2 0 1 7
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01/03/2017 18:33
LONDON’S NEW RESIDENTIAL LANDMARK
WITH VERSACE HOME INTERIORS
FROM GBP 747,000* 70% PAYMENT UPON COMPLETION
• • • • •
999-year lease Prime location in London Zone 1 Residents’ lounge furnished by Versace Home 24-hour concierge services 23rd floor gymnasium, swimming pool and Jacuzzi
Visit our office Building 90, New Solta area Ali bin Abi Talib Street Next to Omar bin Al Khattab Health Centre Doha, Qatar *Terms and conditions apply.
AYKON Nine Elms, a project by DICO UK Property Holdings Limited, a wholly owned subsidiary of DAMAC International Limited.
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00800100213 AYKONLONDONONE.COM
01/03/2017 10:58
EDITORS LETTER
“WE OFFER COMPREHENSIVE ADVICE FROM INDUSTRY EXPERTS ON PRESTIGIOUS DEVELOPMENTS AND INVESTMENT OPPORTUNITIES”
W
e are delighted once again to be working with Cityscape Global events as one of the official 2017 international media partners, with the first stop in Qatar. It’s a pleasure to be working with Cityscape who produce some of the largest and most influential real estate exhibitions around the globe, connecting international real estate companies and professionals, overseas buyers and foreign investors, giving the opportunity for UK developers and estate agents to reach the most relevant overseas audience. In this issue, property insiders offer their specialist knowledge on the London market, guiding you through the local areas, new developments and providing you with the information required to make an informed investment decision in one of the world’s leading capital cities.
As the residential market in London and the UK strengthens, we offer comprehensive advice from industry experts on prestigious developments and investment opportunities where it is possible to own or live near some of the City’s most famous postcodes and landmarks. Renowned property writer Nigel Lewis reveals the current investment climate in London in the first section of this magazine and takes you on a journey through the cities most popular areas on page 44 and expensive streets on page 76. Inside, you will also learn about the latest luxurious interior trends, sustainability and discover some of London’s most opulent properties currently on the market. We hope you enjoy this edition of Absolutely London & UK Property and the Cityscape Global show in Qatar.
@ABSOLUTELYPROPERTY
EDITOR @ABSOLUTELY_PROP
TA M A R VA N DER HOEK
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NEW BUILD
HOT SPOTS As the capital undergoes significant increases in new homes construction, we look at where much of the building work is taking place - and what you can get for your money by N I G E L L E W I S
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UPFRONT | NEW BUILD HOT SPOTS
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L London is undergoing a new homes boom at the moment. Last year 24,200 were built in the capital, up 34% on the year before and at a rate not seen since the 1990s, says the Mayor of London. These figures won’t be a surprise to many Londoners. The capital skyline is already constantly crowded with cranes and in almost every neighbourhood both small, medium and very large apartment developments are under way. This is likely to continue too. According to fund and asset manager London Property Portfolio (LCP) the two most prolific areas for new build planning applications are in Nine Elms in Battersea and, further to the east, in Tower Hamlets. Between them plans for over 50,000 apartments have been submitted, or some 90% of planned newbuilds in the capital. Such a huge influx of new property onto the market is having an effect on prices, though. LCP also says prices at Nine Elms have dropped by 8% recently so London, at the moment, may represent an opportunity for investors.
“WE LOOK AT WHERE MUCH OF THE BUILDING WORK IS TAKING PLACE & HOW MUCH YOU CAN GET FOR YOUR MONEY” ELEPHANT & CASTLE £4 1 2 , 5 0 0
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STA RT I N G P R I C E
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ne of the first areas of London to be regenerated on a huge scale was Elephant & Castle, south of the River Thames. Already a key residential area, it’s existing apartment developments have been joined by a dozen or more over the past five years, and there’s more to come. The biggest one currently underway is Elephant Park, an enormous redevelopment of a former council estate where the latest phase, West Park, offers new homes from £500,000. Or try Harvard Gardens, a new development south east of Elephant & Castle in Walworth where prices start at £412,500. ● HARVARD GARDENS 0333 003 3640; harvard-gardens.co.uk
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WOOLWICH £4 4 0,0 0 0
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his area to the east of central London used to be a largely military area and many local people worked both in local barracks and the Woolwich Arsenal naval depot – whose football team may be long gone but retains its famous name. The Arsenal is mid-way through a £1.2 redevelopment including several schemes that include facelifts for its historic former naval buildings. Developer Berkeley Homes is on the site and half way through building Royal Arsenal Riverside which is to include 5,000 new homes, restaurants, bars, shops and both leisure and cultural venues. ● BERKELEY HOMES 020 8331 7130; berkeleyhomes.co.uk
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UPFRONT | NEW BUILD HOT SPOTS
CANARY WHARF
WHITE CITY
STA RT I N G P R I C E
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STA RT I N G P R I C E
ou might expect Canary Wharf to have always been a new homes hotspot in London – after all, it’s now one of Europe’s largest and most significant business districts with over 100,000 working within it. But after the 2008 financial crisis work stopped on most of its planned developments. It wasn’t until 2014 that they were taken up once more and at least 3,000 new homes are now planned at its fringes in Wood Wharf and New Providence Wharf, to name a few. An example of this is the Horizons tower development where a few of the penthouses remain for sale. ● TELFORD HOMES 020 3609 3094; telfordhomes.plc.uk/horizons
his former commercial area near Shepherd’s Bush in West London used to house the BBC’s headquarters but the site was sold recently and construction of a new £8 billion residential quarter is underway, although some studios will be still on site once it’s completed. Some 5,000 new homes are to be built on the site over the next 15 years. The first two develpments have been revealed – Helios and The Crescent, on the site of the old BBC HQ. The Helios is considered a mid-century modern masterpiece, with its circular bands of original Crittall windows and central golden statue. ● TELEVISION CENTRE 020 8811 8720; televisioncentre.com
£9 9 5 ,0 0 0
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£ 5 0 0,0 0 0
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Residents’ roof terrace
Palace View, Lambeth Bridge Palace View offers truly awe inspiring views. Residents will benefit from a spectacular outlook over the River Thames and London’s iconic Houses of Parliament, as well as being situated opposite the magnificent Lambeth Palace. Prices from £745,000 – 55 beautifully appointed apartments – Stunning roof terrace – Private residents’ gymnasium – Secure underground parking
– 24 hour residents’ concierge – Residents’ cinema room – Landscaped courtyard garden – Moments from Westminster
To register your interest, or to visit The Capital Collection marketing suite, London SW1P 2BQ please contact us on 020 3675 1388
www.palaceview.co.uk CGI is indicative only and information is correct at time of going to print.
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UPFRONT | NEW BUILD HOT SPOTS
COLINDALE £ 3 6 5 ,0 0 0
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S TA RT I N G P R I C E
C
olindale is eight miles north of London’s central districts and was once well-known for its huge police training centre. This 40-hectare site is undergoing a £1 billion facelift including the construction of nearly 3,000 homes by developer Redrow, which is currently selling properties within its Colindale Gardens site. Homes there are proving popular because Colindale’s tube station is just five minutes away on foot. ● REDROW 020 3538 7355; redrow.co.uk
ROYAL DOCKS £ 3 9 0,1 8 6
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STA RT I N G P R I C E
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he Royal Docks is essentially the ‘island’ of former docks to the east of London that houses City Airport and, increasingly, new residential areas and developments. The area was once the largest set of purposebuilt docks in the world and was a working dock until the early 1980s. It’s distance from central London meant this former industrial area has developed slower than other river areas of London, but it’s all taking off now that Crossrail is about to arrive. An example is Royal Victoria Residence by Surrenden Invest. It’s a 20+ storey luxury apartment block due to be completed in 2017 with views over the Thames. ● SURRENDEN INVEST 020 33707 836; surrendeninvest.com
CROYDON £ 3 4 7,0 0 0
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STA RT I N G P R I C E
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roydon is to the south of central London and is a small city in its own right. It’s suffered from a lack of investment in recent decades, but now this is changing and there’s a new residential quarter being built by several developers, all part of a £3 billion facelift for the area, which is to include 4,000 new homes, a £1.4 billion Westfield Shopping Centre and a new school. On Cherry Orchard Row, developer Redrow is putting up Morello, a block of 297 one, two and three bedroom apartments. ● REDROW 020 33057 006; redrow.co.uk
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LONDON INVESTMENT
Why
INVESTORS ARE GOING THE EXTRA MILE As Prime Central London has cooled, many investors are now looking beyond it for better potential returns by N I G E L L E W I S
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UPFRONT | LONDON INVESTMENT
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COMPLETED AVAILABLE COMPLETED APARTMENTS COMPLETED APARTMENTS APARTMENTS AVAILABLE AVAILABLE Penthouse Show Penthouse available to toview view Penthouse Show Show Apartment Apartment available available to view
I FUULLLY LY C R A F T E D WA WA R E EHOUSE M N T S A N D D U PP L EE X BB EE AA UU TT EA APA PAR RT ME B E A U TI F I F U L LYCCRRAAFFTTEED D WAR R HOUSE A PA R TTM EENNTTSSAANNDDDDUU P LL E XX E S I NAATTRRAAN N S F OR R ME ED F FURNIT TO Y IN E N TT IS HHT T O WW N PP EE NN TT HH OO UU SS TU UR RE E FA FAC OR I NK IS P E N T H O U SEESSI N I N A T R A NSSFFO O RM M ED D U R N IT U R E FA CCTTO RRYYI N KKEENN TIS H T OO W NN
PR C E S FROM £5 0 RIIIC CE ES SF 57 70 0 ,, 0 0 00 0 PPR ROM £ £570, 000 B O O K A N A P P O I N T M E N T N OW OO OK KA AN NA APPOINTM BBO ME EN NTT N NO OW W W W W.T H E M A P L E B U I L D I N G.C O M WW WW.T W.TH HE EM MA AP PL LE EB BU W U II L LD DIIN NG.C G.CO OM M
THE MAPLE BUILDING THE MAPLE BUILDING 1P HLI G T H3E9 -5 MA EHBGUAT I LE D IRNOGA D 3 9 -5 1 H I G H G AT E R O A D ND NHNGW 5E 1 RRTO A D 39LO -51 HO IG AT LO N D O N N W 5 1 R T LONDON NW5 1RT
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0 2 08 003 1 875 0 2 08 003 1 875 0N2E0W 8H0O0M3E 1S8@7S 5AV I L L S.C O M N E W H O M E S @ S AV I L L S.C O M N E W H O M E S @ S AV I L L S.C O M
28/02/2017 17:32
L
ondon’s prime property market has been a competitive place to buy a home in recent years where only those with the sharpest elbows and deepest pockets have been able to secure their investment property. Demand has been ferocious in areas such as Chelsea, Battersea, Kensington, Knightsbridge, Mayfair, Notting Hill, Fulham and Highgate. It’s pushed up prices fast and, since the financial crisis in 2007/8, central London house prices have risen by 29%, says agent Savills. The average prices in these areas is now £1.4 million according to Rightmove, and this, coupled with recent hikes in Stamp Duty, has persuaded many investors to look beyond these super-prime neighbourhoods for better value and greater capital growth potential. London’s prime map is growing. To the south-west of London places such as Richmond, Wimbledon and Putney are now considered to be prime as are Wandsworth and Clapham in the south. Out west, the map now includes Hammersmith, Chiswick and Ealing and to the east, Shoreditch and Wapping. Here’s how
“A consequence of this is that tenants will no longer happily stand for low quality properties” they compared for average house price: The reason many investors are now switching their money to alternative areas of London further away from the boroughs is easy to see in this comparative list – prices on average within the old prime group are £1.94m compared to £677,200 new prime group or nearly three times cheaper. And while the allure of chic areas such as Knightsbridge means many investors are reluctant to venture outside prime central London (PCL), clearly something is happening. This is obvious when you look at house price increases over the past year as demand falls away in PCL (with the exception of Mayfair, Marylebone and Notting Hill) while the outer prime areas appear to feel the benefit. One area of London’s investment market that is still performing well wherever you look is lettings. In some prime areas, rents are still climbing, for example in Wandsworth by 4.5% - much higher than the UK national average of 0.7%. But if there’s one thing that unifies all renters in London it’s high prices. The average in London is £1,497 per property, twice that of most regions outside the capital. A consequence of this is that tenants will no longer happily stand for poor quality properties. The law may set the standard for minimum safety, but the market is increasingly dictating that properties offer much more than the basic. Overall features such as concierges, bike storage, roof gardens, gyms and high-quality kitchens are now standard particularly, within London’s new homes buy-tolet sector.
UPFRONT | LONDON INVESTMENT
COMPARATIVE TABLE
S P O T L I G H T ON
EALING
OLD VS NEW PRIME LONDON (AVERAGE)
OLD PRIME KENSINGTON / CHELSEA £1.9 FULHAM £1.04
M
KNIGHTSBRIDGE £3.26
PIMLICO £1.07
M
M
M
NOTTING HILL £3.09 BELGRAVIA £3.01 MAYFAIR £3.52
M
M
M
NEW PRIME CANARY WHARF £494,065 ISLINGTON £616,427 WANDSWORTH £755,819 CHISWICK £952,357 EALING £664,406 PUTNEY £703,044 HAMMERSMITH £856,668
OLD VS NEW PRIME LONDON (% INCREASES YOY)
OLD PRIME KENSINGTON/CHELSEA +3% FULHAM 0% KNIGHTSBRIDGE 7%
T
he London Borough of Ealing was until recently the more commercial sector of West London, a million miles from the glitz and glamour of neighbouring Hammersmith & Fulham and definitely not a fashionable residential area. But high prices and rents in prime central London and elsewhere have driven young professionals and investors into its arms. Estate agent Savills says this trend is so strong that Ealing is now one of the emerging prime areas within London, helped in part by the imminent arrival of better transport links for the area. These will be provided by Crossrail, the multi-billion-pound rail construction project that will establish a new and faster east/west link from Essex, through London and on to Berkshire. Ealing will have five stations on the Crossrail line as well its existing seven tube stations which, Crossrail claims, will dramatically reduce the time it takes to commute from many part of Ealing into central London.Savills says demand for Ealing is already picking up – over the past year house prices have risen by 6.7% compared to 4.2% in other more traditional prime markets within west London. Ealing is also becoming a popular place to rent, particularly in its central areas near transport hubs, a trend driven largely by the expense of renting in neighbouring Chiswick, where properties are on average £500 a month more expensive, Savills says. The company also says Ealing is a renting hotspot as a third of households rent there compared to a quarter of all households in London overall.
PIMLICO 5% NOTTING HILL +22% BELGRAVIA 13% MAYFAIR +20%
NEW PRIME ISLINGTON +5%
WANDSWORTH +10% CHISWICK +4% EALING +5% PUTNEY 0% HAMMERSMITH -6% SHOREDITCH +16%
■ A three bedroom duplex flat in Pitshanger Lane, Ealing for sale with Savills (0208 018 7100) at £699,000. Similar apartments in the area rent for approximately £2,200 a month which for this property would mean a gross potential yield of 3.8% per annum.
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SPOTLIGHT | LONDON DEVELOPMENT
V I S TA
Hotel-style amentities become available in the newly launched leisure centre at Berkeley Home’s landmark development by T A M A R V A N D E R H O E K
E
nhancing the contemporary lifestyle at Berkley’s Vista development in Chelsea Bridge, is the newly opened leisure suite. Comprising a vitality pool, stateof-the-art gym and sauna, residents of the scheme can now enjoy the ultra-convenience of luxury facilities, fit for a demanding city lifestyle. Complementing this is the dedicated 24 hour concierge service exclusively for Vista’s residents, providing total convenience and practicallity. Beyond the leisure suite, Vista combines remarkable archictecture, cosmopolitan homes and an irresistable central location. The stylish and modern aesthetics are present both in the exterior, with the building’s striking curved form, and the interior, with exemplar specifications and unique design. The one, two and three bedroom apartments, duplexes and penthouses available at Vista consist of open-planned living spaces and imaginative layouts for both day-to-day use and entertaining. Natural light floods through the
16
generous windows, while private glass-fronted balconies, wraparound terraces and winter gardens present ideal spaces for both relaxation and entertaining in warmer weather. Adding to this is the infinity-style planting, which seemlessly merges with the green treetops of Battersea Park directly opposite. The communal landscaped gardens and playground situated in the building’s courtyard maxamise outdoor living. Aside from the luxury interiors and amentities available directly at the development, Vista’s location is only a short walk from the vibrant Chelsea and the fashionable cafés, bars and boutiques of Sloane Square. The proximity of Battersea Park offers both a calm retreat as well as a busy calendar of events and activities throughout the year. Trains from Battersea Park overground station take just six minutes to Victoria and nine minutes from Queenstown Road station to Waterloo. The northern line of the underground will serve Battersea from 2020, as part of the regeneration of the nearby Nine Elms. *For further information please call 020 3811 2012 or visit vistachelseabridge.co.uk. Prices start from £895,000.
“COMPRISING OF A VITALITY POOL, STATE-OF-THE-ART GYM AND SAUNA, RESIDENTS CAN NOW ENJOY THE ULTRA CONVENIENCE OF LUXURY FACILITIES”
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Harrods Estates brings
LONDON property to the world
• LONDON RESIDENTIAL SALES • LONDON RESIDENTIAL LETTINGS • ACQUISITIONS • NEW DEVELOPMENTS • ASSET MANAGEMENT • PROPERTY MANAGEMENT
KNIGHTSBRIDGE OFFICE: 82 BROMPTON ROAD LONDON SW3 1ER T: 020 7225 6506 MAYFAIR OFFICE: 61 PARK LANE LONDON W1K 1QF T: 020 7409 9001 CHELSEA OFFICE: 58 FULHAM ROAD LONDON SW3 6HH T: 020 7225 6700 KENSINGTON OFFICE: 48-50 KENSINGTON CHURCH STREET LONDON W8 4DG T: 020 3650 4600
HARRODSESTATES.COM @HarrodsEstates
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A GRADE II LISTED, FIVE-BEDROOM DETACHED HOUSE IN KENSINGTON BEDFORD GARDENS, KENSINGTON W8 • En suite master/dressing room • Garden and Terrace • Three large reception rooms • 2,948sq ft / 173.9sq m • Sauna • EPC rating F Guide Price: £4,650,000
Kensington Office: 020 3650 4600 nicholas.shaw@harrodsestates.com
Tenure: Freehold
HARRODSESTATES.COM
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A BRIGHT THREE-BEDROOM MAISONETTE CLOSE TO SLOANE SQUARE DRAYCOTT PLACE, SW3 • 1,487sq ft / 138.14sq m • Large reception room • Kitchen with dining area Guide Price: £3,500,000
• Three en suite bedrooms • Lift access • EPC rating D
Knightsbridge Office: 020 7225 8044 jake.irwin-brown@harrodsestates.com
Tenure: Share of Freehold
HARRODSESTATES.COM
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I
f you read London’s newspapers, you'll know that on an almost weekly basis headlines scream out from their front ages about the Capital’s high rents. But while it’s frustrating news for the renters, for investors it’s a boon. Good income, along with rapid capital growth since the London property market recovered from the 2007/8 financial crisis, have been one of the key reasons why people trust their cash to this dynamic housing market. The question is, where should you buy a property in London in order to benefit from the best return on investment (or ROI)? In the UK, this is the total gross annual rent divided by a property’s purchase price. If a flat’s rent is £20,000 a year and it’s worth £200,000 then the annual ROI would be 10%. Although you are unlikely to find such alluring returns at the moment. We looked at the most popular kind of investment property – the two-bedroom apartment – to see what the ROI is for them around London.
RETURN ON INVESTMENT
Where Rents Can Reach New Heights As Prime Central London has cooled, many investors are now looking beyond it for better potential returns
N1
3.90% ROI
Where
Kings Cross, Islington, Hoxton Two bedroom f lat
£2,050 or £24,600 a year Average price for a f lat in area
£630,054
W12
3.88% ROI
Where
by N I G E L L E W I S
Shepherds Bush, White City Two bedroom f lat
£1,430 a month or £17,170 a year Average price for a f lat in the area
£510,007
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UPFRONT | RETURN ON INVESTMENT
SW12
W11
3.65%
2.56%
ROI
ROI
Where
Where
Balham, Clapham South
Notting Hill
Two bedroom f lat
Two bedroom f lat
£1,681 a month or £20,172 a year
£2,365 a month or £28,388 a year
Average price for the area
Average price for the area
£552,381
£1,105,973
W4
3.59% ROI
Where
Chiswick, Turnham Green, Acton Two bedroom f lat
£1,779 a month or £21,352 a year Average price for the area
£594,970
W6
3.39% ROI
Where
Hammersmith, Ravenscourt Park Two bedroom f lat
£1,758 a month or £21,106 a year Average price for the area
£621,760
W2
2.60% ROI
Where
Paddington, Hyde Park, Notting Hill Two bedroom f lat
£2,562 a month or £25,625 a year
C A S E S T U DY
SW3
A LT E R N AT I V E V I E W
2.65%
W
ROI
hile central London faces the challenges of Stamp Duty rises and Brexit, Andrew Hawkins of Rocket Investments reckons East London and the ‘city fringe’ is the next investment hotspots. His company is building The Atlas Building, a tower of 302 luxury apartments near Old Street and Hoxton. “While the residential market in central London slows, East London is bucking the trend with 7% price growth in 2016, compared to just 1.9% in Central London, according to research by JLL.” “Having undergone major regeneration, Shoreditch has become one of London’s most stimulating neighbourhoods and it is still evolving with new shops, restaurants, cafés and bars appearing all the time. Tech City has also undergone significant redevelopment in recent years, which adds to East London’s appeal as an area of opportunity.” “Rocket Investments has experienced the transformation of the City Fringe first hand, having worked on several significant projects in the Old Street area. We have already sold 50% of apartments at our latest mixed-use development, The Atlas Building, which is replacing a 1980s-era office building and will be the tallest tower in the Tech City cluster when it completes in 2018.”
Please note: There are other areas of prime central London such as Knightsbridge, Belgravia, Soho and Piccadilly that are also popular with investors, but not enough properties are sold or rented each year to generate meaningful figures. The figures featured in this article are based on the most recent data from The Mayor of London and Rightmove.
“ROCKET INVESTMENTS HAS EXPERIENCED THE TRANSFORMATION OF THE CITY FRINGE FIRST HAND”
Where
Chelsea Two bedroom f lat
£3,075 a month or £36,900 a year Average price for the area
£1,401,910
NW3
2.5% ROI
Where
Primrose Hill, Hampstead Two bedroom f lat
£1,947 a month or £23,364 a year Average price for the area
£1,053,702
W8
2.85% ROI
Where
St John’s Wood Two bedroom f lat
£2,439 a month or £29,274 a year
Average price for the area
Average price for the area
£982,464
£1,024,032
SW11
3.26% ROI
NW1
3.05% ROI
W8
2.21% ROI
Where
Where
Where
Clapham and Battersea
Marylebone
Holland Park, Kensington
Two bedroom f lat
Two bedroom f lat
Two bedroom f lat
£1,722 a month or £20,644 a year
£2,132 a month or £25,584 a year
£3,075 a month or £36,900 a year
Average price for the area
Average price for the area
Average price for a f lat in area
£632,089
£837,848
£1,757,790
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NOW OVER
70%
NOW OVER
70%
SOLD
SOLD
Richmond living in Richmond living in
GRAND STYLE GRAND STYLE
Computer generated images depict The Star and Garter and are indicative only. Photography depicts The Star and Garter Show Apartment. Computer generated images depict The Star and Garter and are indicative only. Photography depicts The Star and Garter Show Apartment. Details and prices are correct at time of going to press. February 2017. Details and prices are correct at time of going to press. February 2017.
Exceptional from£1,750,000 £1,750,000 Exceptionaltwo twobedroom bedroom apartments apartments from A spectacular leisuresuite, suite,Harrods Harrodsconcierge, concierge, private breathtaking A spectacular leisure privatecinema, cinema,glorious gloriousgardens, gardens, breathtaking views of the Thames, and Richmond’s exclusive shops and restaurants at your fi views of the Thames, and Richmond’s exclusive shops and restaurants at yourngertips. fingertips. The ultimatelifestyle lifestylecan canbe befound found exclusively exclusively at iconic The ultimate atThe TheStar Starand andGarter, Garter,the the iconic Grade II listed landmark being beautifully restored by London Square. Grade II listed landmark being beautifully restored by London Square.
Viewing by appointment only, please call 0333 666 0102 to confirm. Viewing by appointment only, please call 0333 666 0102 to confirm.
The Sales Suite and Show Apartments are open daily. The Star and Garter Sales Suite, Richmond Hill, TW10 6RR.
The Sales Suite and Show Apartments are open daily. The Star and Garter Sales Suite, Richmond Hill, TW10 6RR.
Selling agents
Selling agents
thestarandgarter.london
thestarandgarter.london
• LDNSQ.indd 1
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SPOTLIGHT | LONDON DEVELOPMENT
PA L A C E VIEW Wake up to a medieval palace and iconic views of the Thames
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he aptly named Palace View is a stunning new build by developer Taylor Wimpey Central London, which overlooks the medieval Lambeth Palace on the River Thames. The collection of 55 one, two and three bedroom apartments and penthouses is thoughtfully designed to both maximise and reflect its beautiful surrounding views of not only the Lambeth Palace, the Archbishop of Canterbury’s London residence, but the River Thames and the capital’s iconic Westminster Palace. The development enjoys a prime location, situated on the foot of Lambeth Bridge in London’s Zone 1 and occupying the prestigious address of 1 Lambeth High Street. Despite its modernity, the eight-storey building is sensitive to its historic surroundings and the ornate architecture of the neighbouring landmarks. The scheme introduces a modern residential marker to one of London’s most prestigious landscapes that boast a heritage spanning over 800 years. The exterior features a subtly curved brick façade that is complemented by copper detailing, while the interiors on offer
are stylish and contemporary, designed by awardwinning design practice, Farrells. Many of the apartments on offer have been designed to take full advantage of its surrounding views with well-appointed open-plan layouts and floor-to-ceiling glazing. Bespoke lighting works in harmony with a mix of interior features to create sophisticated living spaces that take inspiration from and reflect the quality of the prestigious surroundings. In addition, each home has the benefit of valuable and sought-after outdoor space. Either a terrace, balcony or winter garden is available, extending the interior space and providing a desirable inner-city sanctuary that can be enjoyed all year round, especially in the sunnier months.
“LAMBETH ITSELF IS NOW A FLOURISHING CULTURAL QUARTER WITH A BUSTLING ARTISTIC SCENE”
Displaying the highest standards in design, craftsmanship and attention to detail, the apartments integrate a host of leading appliances to cater for the requirements of comfort and practicality, including bespoke kitchens, underfloor heating, and comfort cooling to living areas and the master bedroom. Other facilities available include a private cinema room, personal concierge service, secure underground car parking, a fully-equipped gym and a landscaped courtyard. Lambeth itself is now a flourishing cultural quarter with a bustling, artistic scene just moments from Palace View. Key attractions include Damian Hirst’s Newport Street Gallery, Charles Asprey’s ‘Cabinet’ Gallery, The Garden Museum, Vauxhall Pleasure Gardens, and much-loved local gems such as Gasworks Gallery and Brunswick House Café – a highly-lauded restaurant adjoined to LASSCO, an Aladdin’s cave of architectural antiques and curiosities. Palace View is positioned at the gateway to Albert Embankment, the capital’s last central riverside regeneration area, which is currently being transformed into a new Thames-side destination featuring a modern, open plaza of bars, restaurants and cafés in which to relax and spend time. Residents can also look forward to new routes and green links that will forge connections not only between the South Bank, Albert Embankment and the Nine Elms regeneration area - but also beyond to Battersea.
• For further information call Taylor Wimpey 0207 355 8172, or JLL on 020 3675 1380, or visit www. palaceview.co.uk
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SUSTAINABLE LVIING The Beacon is the world’s most sustainable residential tower by T A M A R V A N D E R H O E K
C
onstruction sites and buildings are responsible for approximately 40% of the world’s emissions, and the World Health Organisation quotes air pollution as the number one risk to human health, responsible for seven million deaths worldwide. Tackling these issues, Lumiere Developments have made it their mission to take careful consideration into their practice of constructing new builds. By using emission-free renewable energy generation, simple energy conservation technologies and old stock, Lumiere have successfully designed and launched the world’s most sustainable residential tower, The Beacon. Located in the heart of Hemel Hamstead’s regeneration district, the development is just 24 minutes from London Euston station via National Rail services. The 17-storey tower has the technology to generate sufficient heat and power from it’s on sight renewable energy systems to power the building’s requirements. Combined with its energy conservation components, The Beacon is a world leader in overall energy efficiency. “Sustainability is at the forefront of everything we do, and we wanted to marry emission-free renewable technologies with simple yet effective energy conservation strategies to create a zero-emission development that is truly world class in its architectural design, engineering and specification.” says Ambi Singh, Commercial Director of Lumiere Developments. A multitude of ground-breaking green features
24
combine to make this project the first of its kind. The effective energy saving technologies include the highest density solar farm in the world, integrated solar panels on each floor level and electric car and bike hire schemes. To save energy on heating, triple glazing has been added to all apartments, and quadruple glazing to the upper-floor apartments, as well as ground and air source heat pumps to extract heat from the basement of the building and atrium for hot water and air. Adding to this, a Mechanical Heat and Ventilation Recovery System has been installed to ventilate apartments and create comfort cooling. For toilet flushing and irrigation of the green planters on each external balcony, rainwater harvesting is collected on the roof and balcony levels. These key energy saving features and innovative solutions mean that The Beacon will generate enough power to allow Lumiere Developments to offer ‘Free Energy For Life’ to its residents. The current energy remodelling has predicted that the building will have an expected reduction in heating costs by 70% to 80% compared to normal properties. As a result
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SHOWCASE | SUSTAINABILITY
of this buyers will benefit from annual savings of up to £11,000 per year on household bills from its energy-generating and water retention capabilities. Furthermore, typical monthly costs such as gym memberships, contents and building insurance are all covered and heavily discounted within the annual management fee. In company with the sustainable factors, The Beacon offers its residents with the living experience, amenities and services expected within a new build development. Comprised of 272 studio, one, two and three bedroom balconied apartments and luxury penthouses, each apartment is accessed from the central atrium via scenic glass lifts overlooking the Arboretum, a small collection of trees. The flats benefit from wood-floored hallways and open plan living areas
with ceramic tiled floors and walls. The living spaces open onto private balconies through floor-to-ceiling patio doors and windows to maximise the light infused environment, while the bathrooms are European inspired. The kitchens in every home come fully fitted with energy efficient A+++ rated appliances. Other specifications include smart, controlled thermostats, comfort cooling systems and automated blinds. Skyline apartments on the 13th floor offer impressive terraces with winter gardens, hot tubs and electro-glass for added privacy. The ground floor will act as the central hub for residents featuring the internal arboretum alongside a café and bar area, water features, club lounge and cinema room as well as outside patio space. Up on the first floor will be a 2,200 sq ft gymnasium, fitted with the latest fitness equipment, while a communal roof sky garden will provide an outdoor residents ‘library’ decked area and observatory on the top of the building. Other on-site facilities include a first of its kind, in-house electric car and bike hire scheme, access to the to the UK’s largest automated underground parking system, 24-hour security and concierge service. Set to complete in 2018, The Beacon will contribute to the regeneration of Hemel Hempstead, which is currently undergoing a major transformation. • For further information call Lumiere Developments at 020 3283 8583 or visit thebeacondevelopment.co.uk
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SPOTLIGHT | UPFRONT
“ON AVERAGE AIRBNB LANDLORDS MAKE £106 PER DAY FROM THEIR RENTALS OF A TWO-BEDROOM APARTMENT OR £2,226 A MONTH BASED ON 70% OCCUPANCY”
L A N D LO R DS LOV E
Airbnb has attracted both celebrities and controversy during its nine-year life. And now many traditional landlords in London are using it too by N I G E L L E W I S
Y
ou may recall the birth of Airbnb. In 2013 the relatively little-known home sharing website’s fame soared after it was revealed that actor Ashton Kutcher had used it for a year to find homes to live in after his divorce from Demi Moore. His sofa surfing came to light after the No-Strings Attached star revealed he was to invest in the company, which to seasoned start-up watchers wasn’t a surprise; he’s also invested in Skype, Foursquare and Fab. com. That was four years ago, and now Airbnb is gaining not fame, but notoriety. Several cities have attempted, and sometimes succeeded in
preventing home owners from renting their properties out via Airbnb, after the website was blamed for a shortage of traditional rented property in the US, Europe and beyond. The maths involved illustrate why. On average Airbnb landlords earn £106 a day from their rentals for a two-bedroom apartment, or £2,226 a month based on a 70% occupancy, says letting agent Portico, which recently launched a premium Airbnb management service. The company also says that it expects to achieve 80% occupancy for some properties, and that landlords can expect to start earning within a week of listing on the site. Portico says Airbnb day rates in London range from £65 in Bexley to £224 in Westminster, but crucially – and here’s why some worry that Airbnb is sucking a lot of property out of the London rental market – the average rental figure of £2,226 is £449 more than the average price
paid by traditional, longer-term tenants. The protests went global and several cities, including New York, Paris, Barcelona, Berlin, Amsterdam as well as London have begun to either levy a tourist tax on Airbnb landlords or restrict who can rent out their homes via the site. For example, in San Francisco, you can only rent out your home via Airbnb if you’re a full-time resident of the city. In Santa Monica, landlords must live in the house to rent it out. Then Airbnb made its own move late last year, restricting all its landlords from renting out properties for more than 90 days. This has gone some way to placate those think the company is helping reduce the supply of affordable housing in urban areas. The scale of the Airbnb operation in London is surprisingly large. There are just over 48,000 Airbnb hosts in the capital and the City of Westminster harbours the most at 5,631 followed by Tower Hamlets (5,076) and Hackney (3,572). But it’s not all about central London. Portico says some outer suburbs also have a lot of Airbnb hosts including Brent, mainly because it has Wembley Stadium within it; Newham (the Excel Centre) and Merton (Wimbledon). “Londoners in their thousands are turning to Airbnb to generate extra income,” says Robert Nichols, managing director of Portico. “And despite the 90-day limit, even seasoned landlords are coming round to the fact that a combination of Airbnb and traditional tenancy will maximise their return on investment. “If your property becomes vacant in the quieter months, we recommend listing your property on Airbnb and synchronising your tenancy to start a long-term let in the summer or late summer when demand from tenants and therefore prices are highest. “Or, if your property is already on the market, why not earn on Airbnb until you let or sell it? Every day it’s sitting vacant is potentially losing you money, so it really does pay to get on board with Airbnb in short-term.” • More information from www.portico.com/airbnb
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20 UPPER BROOK STREET, MAYFAIR
£31.5
LONDON’S FINEST Seven most expensive homes sold in 2016 by N I G E L L E W I S
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he top of the London property can be a heady place for those with even the deepest pockets. Many prime central streets feature average house prices over £10m and it’s not unusual to find properties for sale considerably more than that within the most sough-after locations. Here’s seven of the most expensive sold this year in London.
the former home of Richard Branson, who sold it in 2006. It was bought by a barrister/financier couple who have spent a small fortune doing the house up. It now has a mega-basement including an underground squash court and swimming pool as well as six en-suite bedrooms, a conference room, two roof terraces, cinema, hobby room and a catering kitchen. The property backs on to Holland Park and celebrity neighbours include Simon Cowell and Robbie Williams.
9 HOLLAND PARK
£ 5 3 .49
T
~
MILLION
he most expensive private home sold in London in 2016 is this Grade II stucco-fronted Regency villa near Holland Park. It’s one of several similar homes all built at the same time as clutch of properties leafy streets between Kensington and Notting Hill. No.9 is
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IT NOW HAS A MEGA BASEMENT INCLUDING AN UNDERGROUND SQUASH COURT AND SWIMMING POOOL
A
~ Grade II listed Georgian house MILLION
which was built in 1737 and sold in March this year for £31.5 million. It was converted from office usage to residential during the 1990s and then upgraded with the help of interior designers Frederic Mechiche and Joanna Wood, who is chums with David Linley. They both reclaimed many of the original Georgian floors and re-installed antique fireplaces throughout the property. It has five bedrooms including a master suite with two dressing rooms and bathrooms, as well as two staff rooms, a separate chauffeur’s flat and a basement spa, swimming pool and a gym.
23A EATON SQUARE, BELGRAVIA
£30
G
~ eorgian-style properties arguably MILLION
make some of London’s most extraordinary mews homes. This may seem like a historic address but 23a was built in 1936 out of Portland stone and brick on the site of the back terrace, well area and servants’ quarters of neighbouring 23 Eaton Square. This property’s history can be traced back to the mid-19th century when Eaton Square was constructed by the 2nd Marquis of Westminster. Their most famous owner was Henry Bingham Baring, one of the Baring banking dynasty and a notorious gambler, although Everlyn Baring also lived at the address. He was famous for leading the disastrous attempt to relieve General Gordon at Khartoum in 1896. The property has seven bedrooms, three bathrooms and two terraces.
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SHOWCASE | MOST EXPENSIVE
completed in 2016. Several properties within the development sold for more than £20 million including, in April, this fivebedroom example which features interiors by Collett-Zarzycki. Residents enjoy 24-hour concierge services and access to a 20m heated swimming pool, spa, gym and fitness centre.
112 EATON SQUARE, BELGRAVIA
£25.5
F
6 CAMBRIDGE TERRACE
£28.6
T
~
5 PRINCES GATE, KENSINGTON
MILLION
hree years ago, this property along with several adjoining Grade I listed houses on Cambridge Terrace overlooking Regents Park were snapped up by a developer with plans to turn it all into a ‘super mansion’. The resulting combined property was originally billed as larger than Buckingham Palace, which they share a designer John Nash with the scheme got planning permission in November 2016 to convert it from offices to private dwellings, including the digging out of the basement, although the sale of this part of the terrace took place in April 2016, suggesting that the ‘super mansion’ proposal might not be going ahead.
£28.5
S
~ uch a high price might seem like
a lot for a flat, but it’s within one of central London’s most soughtafter apartment blocks, all of which enjoy superb views over Hyde Park The Royal Albert Hall, Knightsbridge and Harvey Nichols are also nearby. Amazingly, £28.5 is quite reasonable for properties within the development. In 2014 a penthouse within it sold for £50 million. No. 5 Princes Gate was built by famously discreet luxury property developer Mike Spink of Spink Properties.
MILLION
also makes it onto the list. One is that it’s where in May 1940 a group of Tory MPs gathered to plot the downfall of Neville Chamberlain and the subsequent rise of Winston Churchill to power. But more recently in 2010, it featured as one of over a dozen properties owned by Scottish developer Scot Young. At one point, he owned over a dozen large houses in Belgravia which had an estimated value of £400m of his £2 billion fortune, before his death over two years ago. The property was sold in August and offers a classic stucco fronted extertior with views of the six private gardens surrounding the square, which is infact an elongated oblong shape.
56 HOLLAND GREEN PLACE, KENSINGTON
£26.8
THE ROYAL ALBERT HALL, KNIGHTSBRIDGE & HARVEY NICHOLS ARE NEARBY
MILLION
~ amous for two reasons, this house
I
~ f you’ve been to the recently reMILLION
launched Design Museum within what was the old Commonwealth Institute Exhibition Hall on the south side of Holland Park, you’ll have noticed the new angular block of flats adjacent to it. They were designed by architect Rem Koolhaas of international practice OMA for developer Chelsfield and were
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O U R B E S P O K E A P P R OAC H TO D E V E LO P M E N T I N C E N T R A L LO N D O N E N A B L E S U S TO C R E AT E D I S T I N C T I V E P R O P E R T I E S I N P R I M E ZO N E S 1 A N D 2 L O C AT I O N S T H AT O F F E R O U T S TA N D I N G I N V E S T M E N T P O T E N T I A L . W H I L E E V E R Y D E V E L O P M E N T I N T H E TAY L O R W I M P E Y C E N T R A L LO N D O N P O R T F O L I O I S U N I Q U E , A L L S H A R E T H E S A M E I D E A L S O F E XP ERT D ES I G N , P R AC TI C A LIT Y, I N V ES TM ENT S EC U R IT Y A N D E XC ELLENT C U S TO M ER S ERVI C E .
- O FFERI N G A SELEC TIO N O F B E AUTI FU L A PA R T M E N T S , D U P L E X A PA R T M E N T S , M E W S H O U S E S A N D TOW N H O U S E S I N B AT T E R S E A . - A P R I M E Z O N E 2 L O C AT I O N A N D W I T H I N WA L K I N G D I S TA N C E O F B AT T E R S E A PA R K A N D Q U E E N S T O W N R O A D T R A I N S TAT I O N S - 5 M I N U T E S TO V I C TO R I A O R 9 M I N U T E S T O WAT E R L O O B Y T R A I N - CONCIERGE, RESIDENTS’ GYM AND LANDSCAPED COMMUNAL AREAS - PRICES FROM £559,000
- 1 , 2 A N D 3 B E D R O O M A PA R T M E N T S I D E A L LY LO C AT E D C LO S E TO PA D D I N G TO N S TAT I O N O F F E R I N G FA S T AC C E S S TO C E N T R A L LO N D O N AND THE CIT Y AS WELL AS THE HE ATHROW E XPRESS AND CROSSR AIL - R E A DY TO M OV E I N TO - CONCIERGE SERVICE AND RESIDENTS’ C L U B L O U N G E W I T H M E E T I N G FA C I L I T I E S - CO M M U NA L RO O F TER R AC E - PRICES FROM £975 ,0 0 0
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- LU X U R Y 1 , 2 A N D 3 B E D R O O M A PA R T M E N T S - 24 H O U R C O N C I E R G E , P R I VAT E G Y M A N D S E C U R E U N D E R G R O U N D C A R PA R K I N G * - C O M M U N A L L A N D S C A P E D R O O F T E R R AC E - C LO S E TO W E S T M I N S T E R A N D S T J A M E S ’ S PA R K T U B E S TAT I O N S W I T H B E AU T I F U L V I E W S OV E R W E S T M I N S T E R A N D T H E C I T Y - PRICES FROM £959,000
- NEW LANDMARK BUILDING IN PIMLICO, LO N D O N S W 1 - 1 , 2 A N D 3 B E D R O O M A PA R T M E N T S W I T H B A LC O N I E S O R T E R R AC E S * - E XC ELLENT TR A N S P O RT LI N KS FRO M N E A R BY V I C TO R I A , P I M L I C O A N D S LOA N E SQ UAR E - S H O R T WA L K T O H A R R O D S - H I G H Q U A L I T Y S P E C I F I C AT I O N S A N D S PA C I O U S I N T E R I O R S - S E C U R E U N D E R G R O U N D PA R K I N G * - PRICES FROM £799,000
F O R M O R E I N F O R M AT I O N O N A L L O U R D E V E L O P M E N T S , P L E A S E V I S I T TAY L O R W I M P E YC E N T R A L L O N D O N . C O M OR CALL 020 3370 0916 P R I C E S A N D I N F O R M A T I O N C O R R E C T A T T I M E O F P R I N T I N G . C G I S A R E I N D I C A T I V E O N LY . P H OTO G R A P H D E P I C T T H E PA D D I N G TO N E XC H A N G E C O N C I E R G E . * PLOT S PEC I FI C .
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CITYSCAPE.indd 1
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I WANT TO EXPAND MY INVESTMENT PORTFOLIO
THE HOME OF REAL ESTATE INVESTMENT Cityscape Qatar is the only international real estate investment event in the State of Qatar. Bringing together investors, developers, homebuyers, government officials and real estate professionals, there is no better place to find investors and new business partners. Whether you are a real estate developer, broker or real estate service provider, Cityscape Qatar provides a unique opportunity to access the Qatari and regional real estate and investment community all under one roof.
Register now for FREE entry +971 4 407 2475
info@cityscapeqatar.com
13 -15 MARCH 2017 DOHA EXHIBITION AND CONVENTION CENTER, DOHA, QATAR
www.cityscapeqatar.com
Organisers
CS CSQATAR.indd Qatar Ad B2B12017 240x330 ENG v1 ALP.indd 1
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L I V I NG T H E
DREAM The most luxuriously appointed properties on the market by T A M A R V A N D E R H O E K
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SHOWCASE | LIVING THE DREAM
ACADEMY GARDENS
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W 8 £ 1 2 ,9 5 0,0 0 0
~
his beautiful property is located in the heart of the Royal Borough of Kensington & Chelsea. Sophisticated and elegant, it consists of six bedrooms, with its high ceilings, large open spaces and fantastic views and is set over 5,369 sqft. Academy Gardens is an envious address and this apartment is perfect for entertaining friends and family. The property has been meticulously finished to a superb luxurious standard and the quality is clear from the moment you step inside. Adding to this, the apartment also has plenty of outdoor space and natural light. BEAUCHAMP London, 020 7499 7722 beauchamp.com
BEAUFORT GARDENS SW 3 £ 1 , 6 5 0,0 0 0
A
~
n exclusive development of nine new high-specification apartments, situated in in the heart of Knightsbridge on an attractive tree-lined road. This is a studio apartment with separate sleeping area and bathroom here at Beaufort Gardens. Interior finishes include oak and parquet timber flooring, electric roller shades throughout, recessed architectural LED feature lighting, bespoke hand-made cabinetry, and integrated technology throughout. BEAUCHAMP ESTATES London, 020 7499 7722; beauchamp.com
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CHESILTON ROAD
ELLERBY STREET
SW 6 , £ 3 ,9 5 0,0 0 0
SW 6 , £4 , 2 0 0,0 0 0
T
~ his truly stunning seven
bedroom family home is situated on one of the most sought after streets in Parsons Green combining elegant entertaining space with family living in a special way. Open plan ground floor layout, high ceilings with beautiful cornicing throughout, custom hardwood oversized doors, bespoke hardwood floors, hand carved marble fireplaces, wine store and many other features that have been combined to create a contemporary, sophisticated home with unique outdoor patio. KFH Fulham, 020 3792 4840; kfh.co.uk
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~
ocated on the south side of the Alphabet streets, this beautiful six-bedroom family home is presented in immaculate condition, providing over 3,500 sqft of luxurious living and entertaining space throughout. Upon entering the home, guests are welcomed with a pristine double reception room, featuring a bay window and floor-to-ceiling mirrors that create a wonderful lightfilled space. The ground floor also features a generously proportioned and light-filled kitchen/dining room, and a large cinema/games room. MARSH & PARSONS Bishops Park, 020 7993 9888 marshandparsons.co.uk
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SHOWCASE | LIVING THE DREAM
SOUTH KENSINGTON SW 7, G U I D E P R I C E
£ 1 0,0 0 0,0 0 0
A
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spectacular three bedroom penthouse apartment with direct lift access located in the heart of South Kensington. The apartment is luxuriously designed throughout with bespoke fixtures and fittings and also offers a dual aspect reception room, a 360° wraparound terrace with separate gym, covered sun terrace and a fabulous Jacuzzi, offering stunning views of the London skyline. KNIGHT FRANK South Kensington, 020 3463 0437; knightfrank.co.uk
BRAMERTON STREET
WA L D E M A R AV E N U E SW 6 , G U I D E P R I C E
£ 1 ,7 9 5 ,0 0 0
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Situated in an excellent position within Waldemar Avenue with a open west facing aspect to the rear looking down Burnfoot Avenue to the front. The property currently has a double reception room, large kitchen/dining room, four bedrooms, two bathrooms and there is potential to add an extra floor. JOHN D WOOD & CO. Fulham, 020 7731 4223;
johndwood.co.uk
SW 3 , G U I D E P R I C E
T
£6.3M
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his is a beautifully presented five bedroom period house of nearly 2,600 square feet arranged over four floors. This allows for elegant proportions throughout, as well as excellent light from the large windows. The house has been sympathetically updated to create a calm family home, with an extremely spacious open plan kitchen and family room on the lower ground floor, which opens onto a deep rear garden. JOHN D WOOD & CO. Chelsea, 020 7352 1484; johndwood.co.uk
GARWAY ROAD W 2 , £ 1 ,79 5 ,0 0 0
P
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W E ST B O U R N E PA R K VILLAS W2 £ 2 , 2 75 ,0 0 0 £ 2 , 4 9 5 ,0 0 0
2 BEDROOMS 3 BEDROOMS
roportionally excellent and architecturally unusual, this fantastic two bedroom, newly renovated garden duplex, provides beautifully appointed interiors which makes for a stunning home. Situated on Garway Road, the property is immediately served by the shops and restaurants of wonderful Westbourne Grove and is a short stroll to Kensington Gardens. KFH Bayswater, 020 3792 1092; kfh.co.uk
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Westbourne Park Villas is a distinct and elegant period building, consisting of two unique, two and three bedroom duplex apartments. Commanding an eye-catching corner position on Westbourne Park Road and Westbourne Park Villas, this one-time Buddhist Centre was built in 1836 and is now complemented by living spaces designed to an exceptionally high standard. BECTIVE NEW HOMES 020 7313 7703,
bective.co.uk
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The height of refinement
Tower Apartments Now Launched ❖
Manhattan, one, two and three bedroom apartments
❖
Situated between Regent’s Park and Hyde Park
❖
W2 location, minutes from Marylebone
❖
Swimming pool, spa, gym, concierge & cinema room
❖
One minute* walk from Edgware Road station
❖
Private tranquil gardens
Prices starting from £620,000
| www.westendgate.co.uk | 020 3432 1772
Prices and details correct at time of going to press. Computer generated images are indicative only. Details subject to planning permission. *Travel times are approximate and taken from google.co.uk/maps
Proud to be a member of the Berkeley Group of companies
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SHOWCASE | LIVING THE DREAM
W I LTO N P L AC E B E LG R AV I A SW 1 , 1 4 ,0 0 0,0 0 0
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A beautifully refurbished and meticulously designed five bedroom Georgian townhouse in this prime, sought-after Belgravia location. Situated at the Southern end of Wilton Place and enjoying the highly desirable outlook along Wilton Crescent, this is an elegant and prestigious family house. Located opposite the Berkeley Hotel, Wilton Place is ideally placed for all the world-class amenities Knightsbridge has to offer.
HARRODS ESTATES Knightsbridge, 020 7225 6508 harrodsestates.com
ROYAL CRESCENT
JANINE
H O L L A N D PA R K W 1 1 , £ 5 , 3 9 5 ,0 0 0
P L A N TAT I O N WA R F, SW 1 1 , £ 1 , 3 8 0,0 0 0
A
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seven-bedroom, Grade II* listed house with wonderful views over Royal Crescent communal gardens. This superb house offers almost 3,900 sq ft of space with great living and bedroom areas, including a beautiful first floor double reception room. Situated moments from the wide array of shops, restaurants and transport links on Holland Park Avenue, with the open spaces of Holland Park and the amenities of Notting Hill also close by. W.A. ELLIS Knightsbridge, 020 7306 1610 residential.jll.co.uk
T
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he fully operational dutch-barge has recently undergone an 18-month complete high end refurbishment by its owners and offers 1,370 sq ft of luxury living space including three bedrooms on the River Thames. Set on a prime stretch of Battersea Embankment, Plantation Wharf provides residents with far reaching views. The upper deck has a large sun room with French windows, once pulled back this provides access onto the deck, perfect for summer entertaining. HARRODS ESTATES Chelsea, 0207 225 6700 harrodsestates.com
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C I T Y S C A P E Q ATA R
Building the future of Qatar As property experts get ready for Cityscape Qatar 2017, we reveal what’s on the cards for this year’s event by T A M A R V A N D E R H O E K
I
nforma Exhibitions and Elan, the organisers of Cityscape Qatar 2017, the largest real estate development and investment event in the State of Qatar, have confirmed that a number of leading local, regional and international construction, development and real estate companies will be participating in the upcoming exhibition. Now in its sixth year, Cityscape Qatar 2017 will be held from March 13-15, 2017 at the Doha Exhibition and Convention Center (DECC), located in West Bay, right in the centre of Doha’s business district. The 2016 edition of Cityscape Qatar ended on a high note and saw more than one third of last year’s exhibitors reconfirm their participation in the 2017 edition with Qatarbased Al Bandary being among them. Cityscape Qatar 2016 attracted 92 of the world’s leading real estate companies exhibiting along with 6,633 participants over the course of the three day event. The high profile event will showcase a wide range of real estate opportunities to global real estate investors and financiers, developers across all asset classes, architects and urban planners, consultants, along with representatives from investment and economic agencies and cities. Local companies who will join Al Bandary in the exhibition include Ibhar Enterprises, Ezdan Real Estate,Retaj Real Estate and John Taylor, as well as esteemed regional and international heavyweights including Al Qaseer Investment And Property Development, Copperstones, Economic Group, Green Valley
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CIT YSCAPE | QATAR 2017
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Join the South East London Neighbourhood
with a 5% deposit
An opportunity to get in early on this modern apartment scheme in Sydenham, located next to Lower Sydenham Station, Zone 4, just 16 minutes to London Bridge*. 1 beds from £389,995
2 beds from £519,995
3 beds from £594,995
Deposit (5%) £19,499
Deposit (5%) £25,999
Deposit (5%) £29,749
Mortgage (55%) £214,497
Mortgage (55%) £285,997
Mortgage (55%) £327,247
Equity loan (40%) £155,998
Equity loan (40%) £207,998
Equity loan (40%) £237,998
Stamp Duty* paid on a selection of homes. Book your appointment to view today.
Visit our Sales and Marketing Suite open daily | Worsley Bridge Road | Sydenham | London | SE26 5HD
www.dylonworks.com
0203 437 0468
* Distances taken from Google Maps. **Terms and conditions apply. Stamp Duty paid in full on selected plots only or a contribution made. Please speak to a Sales Advisor for further details. Digital illustration is indicative only. Show Home and local area photography. Pricing correct on 21.02.17.
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CIT YSCAPE | QATAR 2017
Real Estate, Herald Land, Paradise Cont& Real Estate, Taylor Wimpey, Gulf Kingdom Real Estate, among others. Moreover, Al Bandary, a Qatar-based company that has strived to create, restructure and manage a group of investments in the real estate sector over the years, will once again be exhibiting a number of its upcoming properties and developments. Speaking ahead of Cityscape Qatar 2017, Al Bandary Real Estate, said: “Al Bandary Real Estate is pleased to announce that we will be participating in the upcoming Cityscape Qatar Exhibition for 2017. We will be exhibiting a number of fantastic property developments in Doha, Lusail, Al Khor, Al Kheesa, and more. We have a wide variety of properties for sale, from standalone villas with spacious spaces to luxury serviced apartments overlooking the sea. We will offer a special promotion during the exhibition and offer properties at very competitive prices. Also, we have partnered up with international companies to showcase our properties using the latest and greatest exhibition technology. We look forward to seeing all guests of the exhibition!” Ahmed Zakaria, ExhibitionDirector, spoke on behalf of Cityscape Qatar: “Cityscape Qatar 2017 is now in its sixth year and is recognised as being the premier event for the real estate industry in Qatar. Year upon year, Cityscape Qatar
has garnered a huge level of interest, both locally and internationally, and this is in line with the continued growth and momentum of the country’s real estate industry. Once again we are anticipating the finest caliber of exhibitors to participate in the event, increased footfall and the closure of landmark deals at the upcoming exhibition.” Meanwhile, running in parallel to Cityscape Qatar 2017 will be the Cityscape Qatar Conference hosted by DTZ Qatar’s General Manager, Edd Brookes; along with the free-to-attend seminars. Cityscape Qatar Talks, taking place on the exhibition floor. Designed for both industry professionals and private investors alike, these events will provide regional and international participants with the opportunity to network face-toface, discuss issues of joint interest and create joint venture partnerships, which have all proven successful in the past. Cityscape Qatar 2017, which is expected to be the largest ever real estate event to be held in the country, is well positioned to build on the success of previous events and will include a three day exhibition, learning and networking features, along with a number of landmark deals which are due to be struck throughout the upcoming event.
“CITYSCAPE QATAR 2017 IS EXPECTED TO BE THE LARGEST EVER REAL ESTATE EVENT TO BE HELD IN THE COUNTRY”
• To find out more about Cityscape Qatar 2017, please visit: www.cityscapeqatar.com
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H
alf a century ago the last place many wealthy Londoners wanted to live in was central London. Bombed out streets and a reputation for ‘pea soup’ fogs persuaded many to flee to the suburbs and, even better, the emerging garden towns. But over the past 20 years this trend has been turned on its head. Central London is now world famous for its luxury homes and prime prices as both UK and overseas buyers fight over the capital’s central neighbourhoods. So which are the most sought after? Look online and the internet is awash with advice on where to live. But let’s be honest, they’re based on opinion, not fact; one person’s neighbourhood nirvana can be another’s least likely locality. How, therefore, do you find out if Mayfair is more sought after than Marylebone, Clapham more popular than Chelsea and whether Peckham has a steal on Paddington these days? One organisation that knows the answer is Google. Every week thousands of us search for homes, property, houses and apartments in London. And if you work in the digital economy, you’ll know Google tracks who searches for what. I logged on to find out the most popular searched-for areas during September.
ISLINGTON
GOOGLE GOO SEARCHES
These are the most searched areas in London by N I G E L L E W I S
44
£ 74 7,1 0 0 AV E R AG E 2 , 6 02 S E A R C H E S
HOUSE PRICE
Why so popular? Famed for many years as THE fashionable haunt of London’s political set, it has been a prosperous area since the early 19th century. Today the borough covers areas including Kings Cross, Angel, Clerkenwell, Highgate and Tufnell Park, where Ed Miliband lives.
FULHAM
£ 1 ,0 3 6 ,4 32 AV E R AG E 2 , 2 2 6 SEARCHES
HOUSE PRICE
Why so popular? This family-friendly bulge of neighbourhoods has been a sought-after haunt of lawyers, advertising executives and media stars for over 30 years. But its areas still reflect the original villages that once dotted the landscape including Fulham Town, Parsons Green, Walham Green, North End and Sands End, although few people living here now realise these were once where London’s fashionable set went to party, gamble and engage in pleasures of the flesh.
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LONDON PROPERTY | GOOGLE
WESTMINSTER Victoria Square, Victoria
Hampstead
Farm Street, Mayfair
York Way, Camden
WANDSWORTH £ 74 1 ,9 57 AV E R AG E 1 ,8 49 SEARCHES
HOUSE PRICE
MAYFAIR
£ 3 ,0 1 7,0 0 0 AV E R AG E 1 , 51 3 SEARCHES
Why so popular? Mayfair may be a small patch of central London but what it lacks in size it makes up for in fame and luxury. To own a home within the W1 postcode requires the deepest of pockets and rightly so – not only is it a residential area in the heart of London but it also contains elements of the capital’s greatest estates including such famous landowning families such as the Burlingtons, Berkeleys and Grosvenors.
RICHMOND
VICTORIA
HOUSE PRICE
Why so popular? Residents of Richmond might be surprised to know that the town was named by Henry VII after his favourite and eponymous earldom in Yorkshire, or to use his spelling, Rychemonde, and that is is where both he and later royals liked to escape London’s smoke. Not much has changed on that front, and Richmond and its fabulous deer park are still prized by London commuters and their families, particularly the roads around Richmond Hill and The Green.
£ 1 . 6 M AV E R AG E H O U S E 1 , 4 81 S E A R C H E S
AV E R AG E H O U S E P R I C E SEARCHES
Why so popular? Many people were surprised when it emerged recently that Sting and his wife Trudy had sold their nine bedroom terraced house near Downing Street for £19 million. But clearly, the couple were clearly not the only ones to seek a bolthole in the area around Parliament. Westminster is is an emerging residential district with several new apartment developments being built along the river near Millbank.
HOUSE PRICE
Why so popular? Wandsworth Town is quickly being revamped as a plethora of new luxury developments pop up, and the town centre may soon join its surrounding commons as a prime area of London. But this is all a very new development. From the 14th century until very recently (when the Ram brewery shipped out) Wandsworth was a largely industrial zone, once famed for its hat makers and cloth dyers.
£ 782 ,1 2 6 AV E R AG E 1 ,76 3 S E A R C H E S
£1.3M 1,433
CHELSEA
£ 2 .1 4 M AV E R AG E H O U S E 1 ,4 0 8 SEARCHES
PRICE
Why so popular? Chelsea’s reputation as a gathering place of both intellectuals, artists and writers has endured for over 200 years and is reflected in its renowned
PRICE
Why so popular? Few people realise the area around Victoria station was, until Thomas Cubitt got his teeth into it during the 1840s and 1850s, a swampy and dangerous place most famous for its brewery and abbey. Such affiliations were banished when the area was extensively rebuilt by the Grosvenor Estate and Buckingham Palace was extended. These days the streets around Victoria station including those in Pimlico and particularly Ebury Street are still much prized.
Chelsea Arts Club, the area’s role as HQ of swinging London during the late 1960s and, of course, its famous flower show. The area is prized for its swish mansion block flats as well as the houses to be found off the Kings Road, Sloane Square and, further along the river, the apartments within Chelsea Harbour.
HAMSPTEAD £ 1 . 3 4 M AV E R AG E 1 , 4 07 S E A R C H E S
HOUSE PRICE
Why so popular? From aristocracy to the Beatles, Hampstead has always attracted well-heeled buyers and as far back as 1814 it was described as ‘select, amicable, respectable and opulent’. The area’s elevated position and rural feel then and now, all just a few miles from the West End, have made it a hotly contested place to own a home, particularly if a property overlooks or is on the outskirts of the famous heath.
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NOW NOWLAUNCHED LAUNCHED CONTACT US TO BOOK AN APPOINTMENT WITH THE SALES TEAM CONTACT BOOK APPOINTMENT WITH SALES TEAM CONTACT US US TO TO BOOK AN AN APPOINTMENT WITH THETHE SALES TEAM CONTACT US TO BOOK AN APPOINTMENT WITH THE SALES TEAM
An c tion tt h b m tt m n e c ii o ff e u n ,, tte e b o tt m An e eA xc lusive c olle ollec colle tion o uo it ess s, s, oe ns, e ,,o two h re re eh &re fo u& bu e rrdro dro odro m ap ap me errnt nt Axc n lusive e xc xc lusive lusive cc olle c tt o off n nss u oit u it ito en s,e otwo ne e ,, ,,two two h& refo e u & rrfo fo ue be eo dro om maa rrapa apa msse e,, nt nt ss ,, d uple xe s an d lux u r y p e nt h o u se s w it h o u t st a n di n g sp e c i f i c at i o n . d uple xe s an d l u x u r y p e nt h o u se s w it h o u t st a n di n g sp e c i f c at i o n . d uple xe s an luxdulruyxp u se dianngdisp i f ieccat n. ion. d uple xe d s an u reyntpheont h osu w seits hwoituht st o ua n t st n ge csp i fi o c at
Prices from £450,000 Prices £450,000 Prices fromfrom £450,000 Prices from £450,000 Set become a destination for London with to a destination for London Set to toSet become a landmark landmark destination for north north London with with Set to become become a landmark landmark destination for north north London with cinema, fitness centre, supermarket, eateries and shops* cinema, fitness centre, supermarket, eateries and shops* cinema, fitness centre, supermarket, eateries and shops* cinema, fitness centre, supermarket, eateries and shops*
Set four and buildings Set four and buildings Set across across four sleek sleek and stylish stylish buildings Set across across four sleek sleek and stylish stylish buildings including two spectacular towers including two spectacular towers including two spectacular towers including two spectacular towers
11 minute walk to new western entrance of Park 11 minute the new entrance of Park minute walk walk to the theto entrance of Finsbury Finsbury Park station station minute walk tonew the western new western western entrance of Finsbury Finsbury Park station station for Victoria and Piccadilly tube links and National Rail connections for Victoria and Piccadilly tube links and National Rail connections for Victoria and Piccadilly tube tube links links and National Rail connections for Victoria and Piccadilly and National Rail connections
Panoramic views overlooking the 110 Panoramic overlooking the Panoramic viewsviews overlooking the beautiful beautiful 110 110 Panoramic views overlooking the beautiful beautiful 110 acre Finsbury Park and across the capital acre Finsbury Park and across the capital acre Finsbury Park Park and across the capital acre Finsbury and across the capital
Connections to Cross (4 the End mins), Connections to (4 the End (9 Connections to King’s King’s CrossCross (4 mins), mins), the West West End (9 (9 mins), Connections to King’s King’s Cross (4 mins), mins), the West West End (9 mins), mins), Holborn (11 and (13 Holborn (11 and (13 Holborn (11 mins) mins) and Moorgate Moorgate (13 mins) mins) Holborn (11 mins) mins) and Moorgate Moorgate (13 mins) mins)
Access to Pavilion, a roof Access to The a roof Access to The The a communal communal roof garden garden Access toPavilion, The Pavilion, Pavilion, a communal communal roof garden garden featuring exclusive residents’ Wi-Fi Lounge featuring exclusive residents’ Lounge featuring exclusive residents’ Wi-FiWi-Fi Lounge featuring exclusive residents’ Wi-Fi Lounge
24 concierge service & private gardens 24 concierge service & private gardens 24 hour hour concierge service & further further private gardens 24 hour hour concierge service & further further private gardens
Completions from Summer 2019 -- Spring 2020 Completions Summer -- Spring Completions from from Summer 2019 2019 Spring 2020 2020 Completions from Summer 2019 Spring 2020
Finsbury Park station Kings Cross Circus Circus Holborn Moorgate Victoria Circus Circus The City Finsbury Park station Kings CrossOxfordOxford Holborn Moorgate Victoria Piccadilly Piccadilly The City Finsbury Park station Kings Cross Circus Circus Holborn Moorgate Victoria Circus Circus The City Finsbury Park station Kings CrossOxfordOxford Holborn Moorgate Victoria Piccadilly Piccadilly The City 1 minute walk walk 4 mins4 mins 9 minutes 1 minute 9 minutes 11 minutes 11 minutes 13 minutes 13 minutes 13 minutes 13 minutes 15 minutes 15 minutes 16 minutes 16 minutes 1 minute walk walk 4 mins4 mins 9 minutes 1 minute 9 minutes 11 minutes 11 minutes 13 minutes 13 minutes 13 minutes 13 minutes 15 minutes 15 minutes 16 minutes 16 minutes Joint Selling Agents:Agents: Joint Selling Joint Selling Agents:Agents: Joint Selling
Computer generated imagesimages of City of North. *Subject to lease. correctcorrect at timeat oftime going press. Park station courtesy of www.tfl.gov.uk. Computer generated City North. *Subject to Prices lease. Prices of to going to Times press. from TimesFinsbury from Finsbury Park station courtesy of www.tfl.gov.uk. Computer generated imagesimages of City of North. *Subject to lease. correctcorrect at timeat oftime going press. Park station courtesy of www.tfl.gov.uk. Computer generated City North. *Subject to Prices lease. Prices of to going to Times press. from TimesFinsbury from Finsbury Park station courtesy of www.tfl.gov.uk.
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CALL NOW TO YOUR APPOINTMENT: CALL NOW TO YOUR APPOINTMENT: CALL NOW TO BOOK BOOK YOUR APPOINTMENT: CALL NOW TO BOOK BOOK YOUR APPOINTMENT:
A joint A venture between: joint venture between: A joint A venture between: joint venture between:
020 0203620 36208001 8001 www.citynorthlondon.com www.citynorthlondon.com www.citynorthlondon.com www.citynorthlondon.com CITYNORTH.indd 2
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PASSPORT TO
PIMLICO Ebury Place is a rare new build offering modern luxury in London’s classic Pimlico
L
eading developer, Taylor Wimpey Central London, has launched Ebury Place – a collection of 47 bespoke apartments in the heart of Pimlico, SW1, that offer a rare new-build opportunity in a quintessentially London neighbourhood. Designed by Shepherd Robson, Ebury Place is a significant new addition to Pimlico’s residential landscape, which has traditionally been defined by period properties and leafy garden squares. Rising 10 storeys in height, the development uses a palette of finelytextured stone and aluminium in consideration of the refined architectural character of the Pimlico Conservation Area. Comprising a mix of 1, 2 and 3 bedroom apartments, each has been exceptionally designed to present a contemporary finish of elegance. The majority of homes benefit from valuable outdoor space in the form of a balcony or terrace, while a number also offer spectacular views of the London skyline that includes the Houses of Parliament and City of London. Residents at Ebury Place will enjoy the best of both worlds: an expertly designed, modern new home at the heart of a desirable SW1 postcode. Situated a short walk from the iconic streets of Chelsea and Belgravia, the new homes boast a practical central location that captures a true essence of London living - from access to the locally loved landscaped spaces of Ranelagh Gardens to proximity to international destinations of art and culture, such as Tate Britain and the Saatchi Gallery. One of London’s most coveted addresses, Pimlico offers a unique village atmosphere that is unrivalled as an inner-city location. The eclectic mix of renowned antique and design shops in Pimlico Road provide global appeal, while an enviable collection of truly boutique retailers, artisanal cafés and independent restaurants makes it a highly desirable choice among residents and visitors alike. No. 11 Pimlico Road and La Poule au Pot are just two high-end eateries
48
that are within a five-minute walk of Ebury Place, along with luxury interior designer Linley – a likely source of interior inspiration for the discerning buyer. Alongside its tranquil residential setting, Ebury Place benefits from a prime position next to Victoria – an area fast-developing a reputation for its newly established collection of high-end bistros and luxury international brands, in addition to the benefit it offers as an integral gateway for travel across the capital, the south east and an express route to Gatwick Airport. Each apartment at Ebury Place has been meticulously finished to achieve the highest standards in design and craftsmanship, and reflects the revered level of quality associated with the postcode. Homes have been crafted for modern city living: boasting spacious, open-plan layouts that offer space for both entertaining and relaxation.
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SPOTLIGHT | LONDON DEVELOPMENT
Floor-to-ceiling windows provide each room with a striking city backdrop, while enabling bedrooms and living areas to remain flooded with natural light. Displaying utmost attention to detail, apartments boast bespoke kitchens finished with Silstone worktops and integrated Siemens appliances, with comfort cooling and underfloor heating throughout. Residents will be first welcomed into a private courtyard – a secluded space that sets the tone of Ebury Place living. A concierge, by interior designers Jigsaw offers residents a five-star style service. Secure underground parking and bicycle storage are also available. Pimlico enjoys proximity to some of the capital’s leading academic institutions.
“AN EXPERTLY DESIGNED, MODERN NEW HOME AT THE HEART OF A DESIRABLE SW1 POSTCODE”
The prestigious Chelsea College of Art offers courses in curating, fine art, textile and interior design, and counts Anish Kapoor and Steve McQueen as esteemed alumni. For the younger years, a wealth of excellent educational opportunities are close by, with Francis Holland School, Eaton House School and Pimlico Academy all within a 15-minute walk of Ebury Place. • Prices start from £699,000 for a one-bedroom apartment. The first homes are due for completion in Q2/Q3 2018. • For further information, call Taylor Wimpey Central London on 020 3319 3516 or visit eburyplace.com.
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What are they going to see from down there, really?
• PRIME LOCATION.indd 1
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The heart wants what the heart wants. Discover penthouse flats with city views using keyword search.
• PRIME LOCATION.indd 2
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For an informed insight into the London property market visit W W W. A B S O LU T E LY P R O P E RT Y. LO N D O N
@A B S O LU T E LY P R O P E RT Y
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LONDON PROPERTY | PARKS
G R E E N S PAC E S IN LONDON
The best parks to live near in London by N I G E L L E W I S
F
or decades our city has been hailed as one of the greenest in the world. And that’s not surprising; it’s got eight million trees, 30,000 allotments, three million gardens and 3,000 parks and commons covering 47% of its surface area. But green spaces have a monetary value for homeowners as well as a pleasing look. Research has shown that apartments near to parks are 8% more valuable than those that aren’t. And as London’s overcrowding problems have increased, we’ve all come to treasure our local parks. Here are some of the best.
RAVENSCOURT PARK Hammersmit h, W 1 2 AVERAGE PRICES NEARBY
A
£5 3 3 ,700 for a flat £1.17 Million for a house
~
20.5-acre park that’s the flagship green space of Hammersmith & Fulham and dates back to 1883. It’s famous for cedar and plane trees as well as its lake, and has won a Green Flag award several times. It has a paddling pool, kids’ beach in the summer, garden centre, café, basketball and tennis courts, astroturf football pitch, bowling green, netball courts and five playgrounds.
CRANE PARK
M
Four bedroom semi overlooking Ravenscourt Park Foxtons (020 8996 6000)
£850
K
Two bedroom maisonette overlooking Waterlow Park, KFH (020 3792 1808)
BEAVERSFIELD PARK
AVERAGE PRICES NEARBY
Hou ns l ow Wes t, TW 4
WATERLOW PARK
£3 62 , 3 00 for a flat £617,700 for a house
AVERAGE PRICES NEARBY
AVERAGE PRICES NEARBY
£ 24 5,0 0 0 for a flat £4 50,0 0 0 for a house
£81 1 ,726 for a flat £2 M Million for a house
R ichmond , TW2
T
£3.4
~ his 75-acre park is one of
London’s less predictable. It’s between Twickenham and Feltham and is a thin, long green space running alongside the River Crane. From the mid-18th century until 1927 gunpowder was made on the site, it was sold to the local council and turned into a wildlife park. This is now home to a thriving colony of marsh frogs and a rare kind of water vole. The River Crane is said to be one of London’s few remaining natural water courses.
B
~
eaversfield Park is unusual because it’s one of the few parks to be purpose-built since the Victorian era. It was opened in 1935 to give the residents of west London’s burgeoning suburbs somewhere to relax and exercise. The park became a ‘no-go zone’ at one point but in 2004 it was refurbished and has gone on to win Green Flag awards in 2008, 2010 and 2015. It has a cricket pitch, football pitches and tennis courts.
H i gh ga te , N 6
W
~
aterlow Park is next to Highgate Cemetery and is an achingly beautiful public park overlooked by a grand mansion which is now a café, education centre and events venue. Bequeathed to the public in 1889 by Sir Sidney Waterlow as a ‘garden for the gardenless’, today it includes several tennis courts, a nature area, playground, pounds and a kitchen garden. What hasn’t changed are the panoramic views.
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Q&A
THE MAKING OF ME Dan Gray joined a building firm as a trainee at 17 and now at 27, constructs some of London’s most prestigious new homes developments. So how did he do it?
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ave you ever gazed at the flurry of cranes across the London skyline and wondered who the small army of cement-splattered construction workers you see grasping their toolkits are on the tube? To find out, our first port of call was developer Bellway Homes which, we discovered, employs an extraordinary person called Dan Gray. He’s 27 years old and joined the company ten years ago as a trainee, but is now one of its site project managers. While most of his peer group are working their way up the ranks, Dan is now one of the most senior construction workers in London, responsible for sites where hundreds of people work, working through budgets running into the tens of millions.
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How did you get to be so successful so young? I’ve been with Bellway for ten years and started out as a trainee, studying firstly at college for a BTEC Diploma and then progressing to a degree in Construction Management at Anglia Ruskin University, working four days a week and studying one day a week. When I first started out, I had a trainee role doing all the jobs that the site managers and project managers didn’t want to do like the paperwork. It taught me how to run an office and get a site up and running. From there, I progressed to different housing sites including traditional timber frame houses and flats, and then on to more high-end spec properties in London, which are reinforced concrete frames - so taller, much more complex buildings on a bigger scale which feature higher build costs.
New Festival Quarter
My first role as a project manager was at New Festival Quarter in Poplar where I started out as a site manager and then got promoted. I ran Phase II of the scheme, which was the final block of 175 two and three bedroom apartments, three bedroom penthouse units in a big tower. The whole site was 510 units took five years to build and cost £75-£80m to build. I really felt the pressure with that project - I was incredibly busy and it put me through my paces, as you can imagine.
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LONDON PROPERTY | INTERVIEW
need to be quite assertive when you’re making decisions and make it clear that the site is being controlled from ‘upstairs’. The rest of the team can’t just go away and do their own thing. Everything’s planned, booked in and done for a reason. Where do you call home? I live out in a village outside Brentwood in Essex, so it’s a bit different from the kind of cosmopolitan area of London I’m working in now. It’s nice to have somewhere completely different where I can sit back and relax and not hear cranes, machines and everything else going on. What is your proudest achievement so far? New Festival Quarter, I won a Pride in the Job award from the NHBC for the final phase there for two years in a row. What’s changed the most in construction since you started out? The way that builders get involved in local communities has changed. I think builders concentrate a lot more about their customer these days.
Then we started a scheme in Nine Elms, Vauxhall, where I also worked as a project manager before moving over to The River Gardens in Greenwich, which is right on the river. We’re constructing Phase I of the scheme, which means we’ve just finished the piling and coming out of the ground and starting to pour concrete. Are there any other project managers your age? We’ve got a couple of younger guys than me within the company, but none of them are project managers. Bellway has been a great company to grow up in as I’ve learned the basics all the way up to my current job. Bellway are good at training people and are good at spotting talent What do you do day-to-day? My role is to oversee the organisation of the development and ensure that its construction sticks to the timetable and program, and that we get what we need when we need it. One of my other big responsibilities is health and safety on site. I brief my assistant site managers on a daily basis on what we all know what we need to achieve. We can have 170 people working on site during a busy day so I’ve got to ensure they’re all in the right place at the right time.
I also deal with all the sub-contractors’ project managers and brief them on what we are expecting, which they will then relay back to their employees on site.
Courtyard CGI
Is your family in construction? No, at school I had no idea what to do, but when I was older I looked at all the cranes in London and started to wonder how it all got built, and found it fascinating. I thought I’d like to give it a go, went to industry open days, and here I am 10 years later.
Dan Grey
How long do these developments take to build? Here at River Gardens we’re working on Phase I, which includes 170 apartments. We started demolition six months ago, and we’ll probably be finished by 2020, so all in all they take around three to four years. Does it help to be a control freak? That does sum me up a little bit - when you’re running a construction site you have your hand in everything, so you
“MY ROLE IS TO OVERSEE THE ORGANISATION OF THE DEVELOPMENT AND ENSURE THAT ITS CONSTRUCTION STICKS TO THE TIMETABLE AND PROGRAM” L O N D O N & U K P R O P E R T Y Q ATA R 2 0 1 7
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1 HOMES WITH
HISTORY As you travel around London it can feel like every street is being redeveloped with huge towers of gleaming glass cropping up next to smaller, more boutique affairs. by N I G E L L E W I S
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LONDON PROPERTY | HISTORIC HOMES
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rive up St John’s Hill from Clapham Junction and on the right you’ll see what used to be St Paul’s Church. But prayers and evensong are long gone. Built in the mid-1860s by the St John’s Hill developer Charles Wix, it was hit by a V1 flying bomb hit during WWII. This destroyed its interior and, despite a refurbishment after the war, by the 1970s it was derelict and an attempt to turn it into a community centre floundered. In 2015 it was converted into four luxury homes, one of which was recently sold via Portico. PORTICO 020 7099 4000, portico.com
id you know that the police were once responsible for testing weights and measure to ensure market traders weren’t ripping off their customers? In 1889, they ceased doing so and a separate inspectorate was set up. In 1892, it set up shop in purposebuilt premises at No.5, Roseberry Avenue, where it remained until 1928. Now, it’s being redeveloped into eight high-end apartments including a modern rear extension to the existing Victorian, high-ceilinged property. Prices range from £815,000 for a one-bedroom flat to £1.6 million for a duplex apartment. COLLIERS LONDON 020 7101 2020, 8over5.co.uk
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nd you’d be right. The Capital is the scene of a significant building boom at the moment as developers race to keep up with demand. Last year some 25,000 new homes were built from luxury penthouse apartments to studio starter flats. It may not be as much as the government had hoped would be built, nevertheless it’s still a lot of new bricks and mortar to squeeze in. But all is not as new as it seems. Underneath the builders’ dust and the glossy hoardings, there is plenty of London’s history peeking out. You may think you’re buying a swish new pad, but it could be where kings frolicked, power stations belched, Roman centurions bathed, doodle bugs exploded, weights and measures were calibrated or TV programmes recorded. With at least 2,000 years of a turbulent, colourful and rich history below and around us, who knows? Here are some of the developments for sale at the moment where such history can be found.
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iverside studios in Hammersmith is one of London’s artistic hubs famous for its TV studios where for many years Dr Who was filmed, as was Hancock’s Half Hour and children’s programme Play School. But after plans were drawn up to redevelop the site, a Dalek-like battle raged over the site’s future with Sir Peter Blake objecting to the plans and Bill Bailey supporting them. But in 2014, it was demolished and is being replaced with 165 one, two and three bedroom apartments. Some TV heritage is to remain, including three new TV studios on the site. FABRICA/MOUNT ANVIL 020 7205 2973, queenswharf.co.uk
“YOU MAY THINK YOU’RE BUYING A SWISH NEW PAD, BUT IT COULD BE WHERE THE KINGS FROLICKED OR ROMAN CENTURIONS BATHED” L O N D O N & U K P R O P E R T Y Q ATA R 2 0 1 7
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Richmond Hill 12 minutes drive from Richmond Chase. Richmond Park is 0.4 miles from Richmond Chase.*
S H OWH OME LAUNCHING 11TH MAR CH Nestled alongside Royal parkland, Richmond Chase offers exceptional living, built by award-winning developer, Berkeley. Once inside the gates, Richmond Chase comprises a luxurious collection of three, four and five bedroom houses each with off street parking and private gardens.
Prices from ÂŁ 1,440,000 To book your appointment or to find out more information, please call our Sales Consultants on 020 3642 9993 or visit www.richmond-chase.co.uk Details and prices are correct at time of going to press and subject to availability. Photography of local area is indicative only. Computer generated images depict Richmond Chase and are indicative only. *Source: google.co.uk/maps
Proud to be a member of the Berkeley Group of companies
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LONDON PROPERTY | HISTORIC HOMES
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history. It’s within the boundaries of original Roman London and is where the first roman quays and baths in Londinium were built. The site later became one of King Henry VIII’s favourite entertainment spots and then much later a location for Sir Christopher Wren’s Custom House. This was blitzed during WWII and replaced with the HQ for Tate & Lyle. But now it’s more about suites than sweets. Today, 165 apartments are being built on this bankside plot, which overlooks Tower Bridge, the Tower of London and the Thames. BARRATT LONDON 020 7048 0344, barratthomes.co.uk
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attersea Power Station belched coal-stained smoke over London for over 50 years before ceasing operations in 1983. It then stood empty and increasingly derelict until 2012 when a viable scheme to redevelop it was finally launched with Malaysian backing. The work continues today and parts of the residential complex are slowly being released for sale. The most recent includes The Power Station where prices start at £1.975 million for a two-bedroom apartment, including several which will sit within the original fabric of the building and include exposed brickwork, industrial fittings and fixtures. BATTERSEA POWERSTATION 020 7501 0678, batterseapowerstation.co.uk
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ROOM WITH A VIEW
Belvedere Gardens of Southbank Place offers a spectacular degree of luxury with their finest apartments to date. We meet interior designer Martin Goddard from Goddard Littleflair to find out more. by T A M A R V A N D E R H O E K
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t the heart of London’s Southbank with views of the London Eye, Houses of Parliament and Whitehall, Belevedere Gardens is the third phase of South Bank Place, developed by Canary Wharf Group and Qatari Diar. The 97 one, two and three bedroom apartments, a three bedroom duplex and and two penthouses are design-driven, accomplished by the collaboration between GRID Architects and interior design house Goddard Littlefair. Situated on the former site of The Festival of Britain, designers at Goddard Littlefair paid homage to the area’s heritage and culture through bespoke interior fixtures and fittings within the apartments and leisure spaces, including the private residents lounge, spas and treatment rooms. Each space will be finished to the very highest of standards, providing a seamless blend of elegance and practicality, ‘designed to leave a lasting impresion and enhance the rare character and setting of these finest of apartments’. Absolutely meets Martin Goddard Co-Founder and Director of Goddard Littlefair to tell us more about the work behind designing the project.
a high-profile a contribution to London’s built environment. It’s the kind of chance that doesn’t come along very often! There was the definite appeal of designing in an area of London with such a rich artistic and cultural history and one that has been so important for London’s design heritage, especially because of The Festival of Britain and the wonderful buildings of the Southbank Centre.
TA M A R VA N D E R H O E K : Goddard Littlefair won the commission to design many aspects of Belvedere Gardens, what attracted you to the scheme? M A R T I N G O D DA R D : Above all, the scheme’s iconic location and the chance to make such
T V: What was your vision and how were you successful in meeting the brief? M G : We took on board the site’s location, context and cultural history to create an intelligent space for the interiors to optimise the views at different times of day, so that the living space
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would always be positioned in the best possible direction. Our client’s initial analysis was critical to this. Interestingly, because the scheme faces onto the river, it means the buildings can never be developed in front of either, making the views particularly special. Unusually, it also means that some of the lower apartments profit the most from the visual proximity to the river and gardens. Obviously, we very much hope we’ve been successful in meeting the brief, but it’s really for our clients and particularly the end-users to have the final say! When the first full on-site show apartment opens at the end of this year, it’ll be great for everyone to see the results.
T V: Can you describe the look and feel of the residential interiors? M G : There will be a definite overtone of classic British mid-century design, influenced by The Festival of Britain. This doesn’t mean ‘retro’ styling in any way, however. We’ve allowed that influence to filter into our designs in a much more subtle way, using a simpler form with classic proportions and detailing. We’ve also utilised colours and materials that refer to the Southbank context, such as limestone and bronze, inspired by The Royal Festival Hall. Moreover, there are occasional hints of the latticework pattern of the legendary Skylon structure erected during The Festival of Britain.
“AT THE HEART OF LONDON’S SOUTHBANNK, WITH VIEWS OF THE LONDON EYE, HOUSES OF PARLIAMENT AND WHITEHALL”
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AN URBAN OASIS
South Quay Plaza is a development truly unique to the Canary Wharf area. Standing within 2.6 acres of beautiful landscaped gardens and over 150 new trees, it will feel like an urban oasis. At the heart of the park, new cafes and restaurants will provide places to meet and socialise, all by the water’s edge of the South Dock. To find out more, visit southquayplaza.london/FILMS and watch an interview with our landscape architects. 1, 2 and 3 bedroom apartments available. Prices from £742,500.
To make your appointment to view our stunning two bedroom Show Apartment, please call 020 3411 5988 or email southquayplaza@berkeleygroup.co.uk South Quay Plaza
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Computer generated image depicts South Quay Plaza and is indicative only. Prices and information correct at time of going to press.
www.southquayplaza.london Proud to be a member of the Berkeley Group of companies
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T V: What was your inspiration for designing the public spaces and spas? M G : The inspiration was to create a very residential feel. The public spaces have to feel like the front door to your home, after all, but at the same time they needed to have the inspirational volumes of scale and height that create a certain grandeur, rather like a luxury hotel experience. The buildings have individual cores, which means the lift lobbies are quite intimate, serving only 2-4 apartments each, with fabric-panelled walls and soft acoustics. The spa, meanwhile, will be a very boutique, luxurious environment, with the same Festival of Britain-inspired detailing in terms of the use of bronze. T V: As a Londoner/London-based interior designer, how did you feel about working on a projecwt with such proximity to the Thames and famous landmarks? M G : Excited! Whenever I’m driving along the North Bank of the Thames and look over, I really do feel a sense of pride having had some influence on such a new landmark development for the city, particularly because this scheme is being designed with a real commitment to quality from everyone involved. It’s not just ‘another glass box’, but something that has been properly considered at every stage. As a Londoner, anything that properly enhances the fabric of the capital is important to me.
“I REALLY DO FEEL A SENSE OF PRIDE OVER HAVING HAD SOME INFLUENCE ON SUCH A NEW LANDMARK DEVELOPMENT FOR THE CITY”
T V: Can you tell me a little more about Goddard Littlefair? M G : Of course. I set the design consultancy up with my co-founder Jo Littlefair in 2012 after many years in the industry and we’ve since grown at quite some speed into a pretty busy and dynamic studio with a fantastic, very international team. We specialise in residential developments, spa design, hotels and restaurant design, with live projects in London, Edinburgh, Dublin, Münich, Berlin, Cologne, Prague, Budapest, St Petersburg, Lisbon and Tripoli. There’s a lot of getting on and off planes right now! We work at the luxury end of the market, but our real secret is creating luxury that functions beautifully too. Our designs have to look beautiful, of course, but they also have to be robust and high quality - and they absolutely have to work perfectly for the people that use them. T V: What has been the highlight while working on this project? M G : Working with this particular client, I have to say and being part of a shared vision. Also, when people come and see the current show apartment, which is located within the marketing suite inside the former County Hall building. Purchasers have reacted so positively to it and witnessing that enduser excitement is hard to beat!
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CANAL CANAL ARCHITECTURAL ARCHITECTURAL
ARCHITECTURAL ARCHITECTURAL
CONNECTING CONNECTING PEOPLE PEOPLE & & SPACES SPACES
Staircases ~ Balustrades ~ Handrails ~ Balconies ~ Canopies ~ Staircases ~ Balustrades ~ Handrails ~ Balconies ~ Canopies ~ Architectural Metawork Architectural Metawork Engineered bespoke products for residential British British Engineered bespoke products for residential homes,homes, installed UK & Abroad installed in UK &inAbroad Call us to discuss yourproject latest project and staircase Call us to discuss your latest and staircase financefinance options.options. 986 6321 +44 (0)+44 115 (0) 986115 6321 canal@canalengineering.co.uk canal@canalengineering.co.uk
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ROOM SERVICE Discovering some of the UK’s most stylish hotels by E V E H E R B E R T
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SPOTLIGHT | HOTELS
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THE VINEYARD SPA Stockcross
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he Vineyard Spa is a haven for epicureans. The hotel and spa is owned by the Michael family who also preside over the Peter Michael winery in Knights Valley in California. The hotel is inspired by the Judgement of Paris, a famous wine tasting in 1976 that saw Californian wine surpass classic French wines in a blind tasting held by British wine merchant Steven Spurrier, which united some of the wine world’s most influential wine writers and journalists, and was named for Rubens' 17th century painting. The hotel prides itself on its impressive private art collection, as well as its 3,000 bins, with around 100 of them available to taste by the glass. • Rooms start at £194. The Vineyard, Stockcross, Newbury, Berkshire RG20 8JU; 01635 898 103; the-vineyard.co.uk
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handsome grade II listed Georgian villa is the latest in a portfolio of restaurantswith-rooms owned by hot young hoteliers Sam and Georgina Pearman. Positioned on the promenade, the hotel’s elegantly restored frontage has all the grandiosity you’d expect from a Regency spa town on the edge of the Cotswolds. But never judge a hotel by its façade. Step inside No 131 and you’ll see that the interior is far more Brooklyn brownstone than Georgian townhouse. With works by David Hockney and Peter Blake lining the walls, turquoise upholstery and hordes of reclaimed antiques, the overall impression is homely yet refined. • Rooms start at £150 including breakfast. 131 Promenade, Cheltenham, Gloucestershire, GL50 1NW, 01242 822939; no131.com
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A World of Sophisticated Beauty Armani Hotel Dubai brings to life the “Stay with Armani� philosophy delivering a genuine home approach and a unique lifestyle experience where every need and desire is fulfilled for each guest individually. www.armanihoteldubai.com
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intimate late 17th century former home of inspirational horticulturalist Rosemary Verey (whose beautiful garden frames the building) is the setting for this Cotswold hotel. Eschewing a chintzy or old-timey decor scheme, the house provides the ideal bolt-hole for stressed-out Londoners, a holistic hideaway for those seeking some pastoral downtime with the mod cons of their urban lives still intact. With only 18 rooms, it’s boutique-y, and the spa (which is reached by a picturesque woodland walkway) is a big draw, with five treatment rooms, a sauna, steam room, relaxation room and – the jewel in the crown – a heated hydrotherapy pool, much enjoyed in colder months thanks to its steam-misted view of the surrounding cow-studded pastures. • Rooms start at £290 per night. Barnsley House, Barnsley, Cirencester, Gloucestershire, GL7 5EE; 01285 740000; barnsleyhouse.com
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he drive up to Lucknam is quite something. A mile long, the drive takes you through vast grounds (500 acres to be precise) and an expanse of woodland. The exact history of Lucknam Park is unrecorded, but the 'ham' in the original ‘Luckenham’ suggests it was a Saxon settlement dating back to before 1066. Along with beautiful historical rooms, a Michelin-starred restaurant and an award-winning spa, there is a fully-functioning equestrian centre and it's a short drive from Bath. • Lucknam Park Hotel & Spa offers Classic Rooms from £260 per night based on two adults sharing on a room only basis, inclusive of VAT and full use of the spa facilities. One hour Instructional hack is £116 per person. 01225 742 777; lucknampark.co.uk
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AT THE CHAPEL Bruton
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ounders Catherine and Ahmed stumbled upon this building quite by chance during a trip to the tiny Somerset village of Bruton. They were looking for a new home in the country; what they found was a derelict Methodist chapel in need of a great deal of TLC. The crumbling nook was subsequently transformed into a marvellous and distinctly modern residence. When, years later, the couple decided to move out and turn their visionary home into a hotel, At the Chapel was born. Now the building boasts an on-site bakery and restaurant as well as eight exceptionally lovely rooms. Situated on Bruton’s charming High Street, the rear windows offer magnificent views across the surrounding countryside. • Rooms start at £125 per night. High Street, Bruton, Somerset, BA10 0AE; atthechapel.co.uk
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A TRUE BRITISH LANDMARK
Absolutely meets Richard Angel from Alexander James Interiors who’s bespoke designs, materials and craftwork reflect London’s heritage at Landmark Place by T A M A R V A N D E R H O E K
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he show apartment for the phenomenal development Landmark Place is open and currently located on the 23rd floor of Barratt London’s Aldgate Place, while the construction on the Landmark site continues. Designed by Richard Angel and his team at Alexander James Interiors, visitors can experience a taste of the deluxe interiors that will be possible when the development is completed next year. Beginning with a clean, minimal pallet the award winning design team transformed the spaces with carefully considered finishes and luxurious textures, with a nod to Art Deco and references to mid-century design. Also taking into consideration the rich history of Landmark Place’s location, which lies within the boundaries of Roman Londinium, Richard and his team have incorporated British craftmenship focusing on elements which link to the heritage of the city. The themes have merged together seamlessly to create sumptuous yet intelligent spaces. Absolutely London & UK Property speak to Richard to find out more.
T V: Can you describe the look and feel of the interiors? R A : The short answer is understated elegance, but on closer inspection the interior can be described as one of considered detail working in harmony with practical design and luxurious finishes. For example, the marriage of the textural qualities of ebonised vellum and aged brass set upon grey oak and placed within a framework of warm neutrals with accents of colour in the soft furnishings and accessories set the scene for a calm, relaxing sanctuary in the heart of the city. We designed and crafted a bespoke headboard for the master bedroom, featuring a fantastic fabric depicting the Thames, which combined with bedside lights finished in a bronze fitting and with blue, short cut velvet shades, provides a modern and relaxing sanctuary to retreat to after busy day in London life.
TA M A R VA N D E R H O E K : What was your vision and how were you successful in meeting the brief? R I C H A R D A N G E L : Our vision was to create an elegant yet welcoming home with character that reflected all that London has to offer. The interior was created to inspire the imagination of potential purchasers, allowing them to visualise their own lifestyle within a palette of colour, detail and texture. We were successful in meeting the brief because we were so respectful of the hard finishes and ensured that our design worked seamlessly with those finishes. Combined it has created a wonderful, welcoming home that epitomises London living at its very heart.
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T V: You embraced the heritage of British craftsmanship, which works chosen stand out to you? R A : The ebonised vellum of the media unit was produced for us by William Cowley, a long established vellum and parchment craftsman, working in partnership with our joinery contractors. In contrast to that, we were delighted to work with Adam Collins at The Source and Martin Huxford Lighting – designer/ makers of fantastic contemporary pieces, they have also been inspired by their fathers to utilise traditional and adapt those skills to create the works. We also selected a stand out Damien Hirst signed print of The Souls III, hung in the living room it is eye catching as soon as you walk into the apartment, as one of the Young British Artists, we felt this again reflected a different type of British craftsmanship.
“WE LOOKED TO EMBRACE VARIOUS ACCENTS OF THE CITY. FROM THE CONNECTION TO THE RIVER...TO IMAGES OF THE UNDERGROUND”
T V: Landmark Place is located in the heart of the City, how did London inspire the designs? R A : Good design is all about triggering an emotion or feeling. This is especially true of fabrics and in our careful selection we looked to embrace various accents of the city. From the connection to the river depicted in the short cut velvet of the Master bedroom to the images of the underground, abstracted in the fabric designs chosen for the upholstery and soft furnishings in the main reception room. In the study, the timber and steel detailing to the Archie desk by The Source and the photography artwork based on shipping chains, call us to reflect on the growth of the city through innovation, industry and design. T V: What has been the highlight while working on this project? R A : The consultation and teamwork we enjoyed with our clients, Barratt London. Design is a very fluid process and working with such a focused client, happy to consider our ideas with us understanding their logic was a delight. Knowing that the complete design has been so well received in turn by their clients, is just a fantastic result.
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GROSVENOR CRESCENT Wes t m i n s te r
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axi drivers will know Grosvenor Crescent as the connecting road of Belgrave Square to the Hyde Park Corner roundabout. It’s central position has pushed up prices recently, helped by the Regency houses that line it. It is probably best known as the home of the Belgian Embassy and the fact that, during the early noughties, 3-10 Grosvenor Crescent was bought, remodelled and turned into a clutch of huge apartments and duplex flats, sold individually for a total of £201m.
COURTENAY AVENUE Ha m p s te a d
£ 2 0.9 M
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AV E R AG E P R I C E
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t may be cooling now, but London’s prime property market boom has driven house prices in the capital’s most desirable streets to double over the past five years. Savills say prices in what it calls North and East Prime London (Shoreditch, Islington, Wapping and Canary Wharf) have risen by 42.1% over the past five years. Other prime London areas have not seen such impressive growth, but are still noteworthy. These include Prime Central London (+28%) and Prime North West London (Primrose Hill and St John’s Wood to you and me) at +27.9%. These percentage increases mean some roads still feature houses for sale at record highs; remember it was only a year ago that a renovated mansion on Upper Brook Street in Mayfair sold for £90m. So what are the other streets in London that can claim such huge prices? Here we reveal where the most expensive residential roads and streets are, based on data from Zoopla.
KENSINGTON PALACE GARDENS Ke ns i ng ton
£4 2 . 6 M
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AV E R AG E P R I C E
K
ensington & Chelsea is the king of bling. At least half of the 20 most expensive streets in London are in the borough and the list is led by Kensington Palace Gardens which connects Kensington High Street and Bayswater Road. Last year, the tree-lined and security-guarded avenue featured the sale of 15a, which went on the market with a 125-year lease at £85 million.
THE BOLTONS
£9.95
B rom p ton
Six-bedroom mansion in Hampstead village via Savills, 020 7472 5018.
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£ 3 6 .1 M
M
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ext down the list is The Boltons, which is a squashed oval road in Brompton named after the church within the private communal gardens at its centre. It has just 30 houses lined along it but when they come up for sale, bidding wars usually ensue. Last year, a mansion built on the site of an old telephone exchange on the street sold for £51m. It has seen some famous residents, too, including Jeffrey Archer, Douglas Fairbanks and the supermarketowning Sainsbury family. The primary school at its northerly end was built during the 1950s on the site of Beatrix Potter’s former home. There is an off-market, six-bedroom house for sale on The Boltons at the moment, although the price is not disclosed.
n first inspection, Courtenay Avenue does not look like its stucco-fronted Kensington & Chelsea rivals. It is a suburban, private gated cul-de-sac in between Highgate Golf Club and Kenwood house. It’s got illustrious company – the road parallel is The Bishops Avenue, better known as Billionaire’s row, like it, Courtenay Avenue is treasured for its large detached houses and gardens, many of which have swimming pools. In short, it is a little bit of rural North London but not that far from central London.
COMPTON AVENUE Ha m p s te a d
£ 1 5 .0 1 M
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ompton Avenue like its neighbour Courtenay Avenue, is off Hampstead Lane in the leafy clutch of roads below the Spaniards Inn. This is where modest homes built during the post-war years are bought up by developers and then flattened to make way for opulent mansions. There is currently a large, detached house for sale on the road which has a swimming pool, large garden and seven bedrooms that is on the market for £9.95m.
“WE REVEAL WHERE THE MOST EXPENSIVE RESIDENTIAL ROADS AND STREETS ARE”
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SPOTLIGHT | EXPENSIVE STREETS
£9.95
M
Seven bedroom detached for sale on Compton Avenue, Hampstead via Knight Frank, 020 3811 2459
FROGNAL WAY Hampstead
HANOVER TERRACE R e ge nt’s Park
£13.27M
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£ 1 1 .1 3 M
AV E R AG E P R I C E
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his private, gated road behind Hampstead Parish Church has bit of an ‘off-grid’ feel to it despite the huge detached houses and high prices along its length. The road isn’t paved and its sandy, sometimes uneven surface is in great contrast to the neat, upmarket roads around it. Its most famous home owner to date has been Gracie Fields, the film and stage star of the 1930s. At the moment, there’s a house backing on to Frognal Way for sale with Savills at £9.95m. It’s a six-bedroom detached, double fronted mansion with an indoor pool, staff flat and garden.
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his short road off Regent Park’s Outer Circle was built in 1822 to a design by John Nash and has been a desirable address since. It’s unusual because all its 20 houses are linked by one continuous columnlined external gallery running along the ground floor. Famous residents have included author HG Wells and Wallis Simpson, Duchess of Windsor and wife to the former Edward VIII. The road is security conscious to say the least, and a vendor selling their home on the road at the moment for £11 million doesn’t even want their home featured on the agent’s website.
£11
M
Four bedroom, six reception room house on Hanover Terrace, NW1 via Savills, 020 3043 3600
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SOUTHSIDE LIVING Delve into two developments by Crest Nicholson south of the River Thames
BRANDON HOUSE
T
he final development of Crest Nicholson’s luxury SE1 portfolio, Brandon House is the boldly designed landmark development situated directly opposite Borough Underground station in the heart of the borough of Southwark. Comprising of 77 one, two and three bedroom apartments, two bedroom duplexes, and two and three bedroom town houses. The scheme’s location boasts a rich heritage and is steeped in history. Dating back to 1518, the site was home to a Tudor palace belonging to the Duke of Suffolk, Charles Brandon, a loyal ally and close friend of King Henry VIII. Homes have been designed at Brandon House to cater to the needs of modern city life, with large, open-plan living rooms created to maximise light and space throughout. Interior fittings and finishes have been kept in a modern, minimalistic pallet with sandy hardwood flooring and light paint work. Not forgetting outdoor space, each apartment in this development comes with at least one private terrace or balcony, a rarity and much sought-after feature in the city. A number of properties also offer spectacular views, capturing some of London’s notable landmarks and further views of the City. Brandon House also boasts its own dedicated concierge team, who provide a friendly service, designed to accommodate the needs of a busy working life, and will be on hand to sign for deliveries, hold keys and answer any queries or concerns. Located on Borough High Street, the development is ideally situated with unrivalled transport links to the rest of the capital through Borough Underground station and London Bridge.
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Borough provides a sensory journey, with sights, smells and tastes seeping out of the many centers of gastranomic excellence. It is also a short walk from Bermondsey’s eclectic selection of trendy bars, cafés, gastro pubs and Michelinstarred restaurants, making the area a centre of culinary excellence. The delights of London’s oldest fruit and vegetable market, Borough Market is just minutes away. Dating back to the 11th century and adding to the area’s legacy, today it is a hot bed for new cuisine trends. Gabriels Wharf is also close by, with quirky designer stores and gallery shops. A new upmarket shopping quarter is set to be completed in 2018. Nearby, Bermondsey Square Antiques and Farmers Market and the bustling stalls of Maltby Street Market infuse the area with energy and personality. The glorious riverside stretch of Southbank is steeped in heritage and busting with iconic
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SPOTLIGHT | LONDON DEVELOPMENTS
DYLON WORKS
T
he recently launched Dylon Works is a contemporary and stustainable development of 223 homes by Crest Nicholson. The stunning new build offers one, two and three bedroom apartments situated in the up-and-coming area of Lower Sydenham. The homes at Dylon Works are the ideal opportunity to get onto the property ladder for first-time buyers and investors. The quality of the apartments outstrips the average standard of properties available in the capital. Designed to a highspecification with sleek interior spaces, right down to carefully selected fixtures and fittings, creating modern, functional and adaptable rooms. Natural light floods through the full-height windows and most apartments benefit from private balconies or terraces. Adding to this, each apartment comes with an underground parking space, and access to the large landscaped communal gardens at the centre of the
landmarks like The Shard and HMS Belfast, all with a stunning backdrop. Adding to the wealth of cultural hot spots, the area is also home to two of London’s leading theatres, The Old Vic and The National Theatre, as well as galleries and museums like the Tate Modern and the Fashion and Textile Museum. The neighbourhood itself has become a highly coveted part of the city, where the financial and media industries of London meet, enticing a lively blend of professionals and creatives. • For further information please call Crest Nicholson’s Sales and Marketing Team on 0203 437 1107 or visit crestnicholson.com
“THE SCHEME’S LOCATION BOASTS A RICH HERITAGE AND IS STEEPED IN HISTORY, DATING BACK TO 1518”
development. Dylon works is located within Lower Sydenham area and has plenty to offer, including an array of independent restaurants and boutique shops. An escape from the hustle and bustle of the city, this leafy part of South East London offers a laid-back lifestyle and is within reach of Sydenham Hill Wood and Crystal Palace Park. Lower Sydenham station is situated next to the development with direct trains taking just 16 minutes to reach London Bridge and 20 minutes to Cannon Street. In
addition the near by Sydenham station provides easy access to East London hotspots including Shoreditch, Dalston and Canada Water. • For further information please call 020 3437 1262 or visit crestnicholson.com
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SPOTLIGHT | SCHOOL GUIDE
SCHOOLS IN LONDON
Cost of getting into four of the best by N I G E L L E W I S
O
n the face of it parents in London’s central boroughs should have a wide choice of state secondary schools to send their children to – there are 112 secondary schools for them to choose from. But of these only 23 are ‘Outstanding’ and 20 ‘Good’, so competition is white hot for these better establishments and consequently only two thirds of parents get their first choice. To try and allay furious parents and balance the system, most schools work hard to filter applications by prioritising some children over others. These often include those with disabilities, particular religions (for faith schools), academic ability and the most controversial proximity to the school. But not all do this. For example, The Grey Coat Hospital in Pimlico where Michael Gove famously sent his daughter in 2014, does not have a catchment area. Parents who want to send their children to an ‘Outstanding’ state school in central London may have one choice left – to move close to their target school and hope to fall within its catchment area, a trend that has made homes within these areas 25% more expensive, according to Savills. So how much might these homes cost? Here we look at four of central London’s ‘Outstanding’ schools to look at the property markets their catchment areas.
Oasis Academy South Bank
Where: Lambeth, SE1 7HS Last inspected: 2015 Pupils: 359 Gender: Mixed Type: Free school
Notre Dame Roman Catholic Girls’ School
Where: Lambeth, SE1 6EX Last inspected: 2012 Pupils: 602 Gender: Girls Type: Voluntary aided Property around the schools: This is a market for flat buyers, which start at £300,000 for a one bedroom and rise to £2.65 million for a luxury three bedroom. The bulk of two bedroom apartments for sale are between £600,000 and £750,000
PIMLICO ACADEMY Where: Pimlico SW1V 3AT Last inspected: 2010 Pupils: 2,000 Gender: Mixed Type: Academy
“MOVE CLOSER TO THE TARGET SCHOOL AND HOPE TO FALL WITHIN ITS CATCHMENT AREA” 82
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£1.25 MILLION
Three bedroom flat on the Walworth Roadwith. KFH London Bridge (020 3792 2689)
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£1.25 MILLION
Three bedroom flat on the Walworth Roadwith. KFH London Bridge (020 3792 2689)
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£1.55 MILLION
Two bedroom flat on Glentworth Street, Marylebone. KFH Marylebone (020 3792 5745)
Property around the schools: Pimlico Academy has a wide catchment area which is approximately a three mile circle around the school, but the schools’ own pupil heat map reveals that most come from Pimlico and Vauxhall. Despite being in the heart of London, it’s largely a house market ranging from £700,000 for a post-war three bedroom terraced house between Kennington and Vauxhall to around £4.5 million for a period two bedroom terrace near Sloane Square. But prices quickly escalate to tens of millions for the larger houses off Eaton Terrace.
St Marylebone Church of England School
Where: Marylebone, W1U 5BA Last inspected: 2014 Pupils: 33 Gender: Mixed Type: Free School Property around the schools: This is an expensive catchment to join. Prices start at £600,000 for a twobedroom flat to £5 million for a luxury penthouse. But the median price is around £1.5 million for a two bed example.
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Knowledge. Integrity. Discretion. Of all our fine properties, these are the most valuable.
At Strutt & Parker, we have unrivalled knowledge of the finest properties in London’s most prestigious areas. We offer access to buyers from all over the world through our affiliation with Christie’s International Real Estate. And we provide a trusted and personal service. All of which has helped us become one of the leading agents for exclusive properties in prime central London.
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WITH TAYLO R WI M PEY C E NTR AL LO N DO N
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