Billionaires Row Retirement


Work is due to begin on a luxury residence for over-65s set in woodland in the Hampstead street known as "Billionaires' Row".

Wates Construction has signed a deal with retirement living company Riverstone to build The Bishops Avenue, a 22,084m2 luxury residence at 56, The Bishop's Avenue.

The final agreement plans for 93 apartments with a mix of one, two and three-bedroom flats, were approved by Barnet Council in March.

The residence will include a hair and nail salon, spa with sauna and steam rooms, swimming pool and vitality pool, library, club room, restaurant and bar, cinema, exercise studio and ballroom.

There will be on-site care staff to support residents, should they require it.

Environmental features include a pond and regenerated woodland, bio-solar roof panels, and electric vehicle charging points for every parking space

Enabling and basement works are now scheduled to start later this month, with the main work beginning in November 2023 for 86 weeks.

The project is focused on an all-electric energy strategy targeting a net zero carbon plan.

Wates said "pioneering modern methods of construction" will be deployed to develop the site, including the use of precast façade systems, bathroom pods, utility modules and bespoke joinery.

Dean Rosewell, regional director, Wates Construction London Residential, said: “This development represents the very best in later living provision, raising the bar for the sector. What really stands out about The Bishops Avenue scheme is the importance that has been placed on putting future residents at its heart – from first-class facilities to the design of the apartments and communal spaces.”

"We are proud to be partnering with Riverstone to bring their ambitious plans for this this luxury later living community to life, drawing from our expertise in delivering complex, high quality and sustainable residential schemes across prime central London locations.”

Paul Vesty, chief development officer of Riverstone comments; “The residence marks an important milestone”, as the company develops its mix of prime London locations and wide-ranging amenities and “expand our expert team to include sector-leading sustainability and social value credentials".

"Our partnership with Wates will enable us to bring our third residence to life in an outstanding location in which we’re confident will see significant demand for this type of exceptional later living offering.”

By Nathalie Raffray

Picture Credit: Wates

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • Monaco Real Estates
  • RDO
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Pedini London
  • Alexander James
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Worldwide Property
  • Dimora
  • Dominic McKenzie Architects
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Deborah Garth
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Lemay + Escobar
  • Octagon
  • Locate Isle of Man
  • Newlands of Stow
  • Hawksford
  • Holdun
  • St George's International School
  • Schule Schloss Salem
  • AR Architecture
  • lazaro
  • Sella Concept
  • Blakstad
  • miller interior
  • Harrow
  • Pearson
  • Wealth Club
  • Yellow House Architects
  • Designer Touches
  • Zafiro
  • Nicole Murray
  • Scout Boats
  • Emerson Insinkerator

Enter your dream destination