Convenience is Key

01.11.21

As London's buzz returns and office workers fill the tubes in their masses again, the priorities of buyers in the capital are changing. Having moved out of London at the beginning of the pandemic, 'boomerang buyers' are favouring the idea of a city 'bolt hole' to reside during the week to travel to work more easily. Savills announced prices for prime central London flats has grown by 0.6% on the year, the first positive annual figure since 2014, and Knight Frank reported a spike in the number of new buyers from outside the capital registering in search of a London flat. London is back.

In terms of what buyers want this time around, for convenience, on top of buyers' wish list is no longer proximity to green space or parks, it's proximity to the tube or train station, according to Savills' latest September buyer survey, further proving that those returning want easily accessible lock up and leave properties for Monday - Friday.

With this in mind, Abode2 takes a look at the London market for some of the most luxurious homes less than 5 minutes from a tube station

The first is Regent's Crescent, Marylebone, only a 2-minute walk to Regent's Park tube station.

Regent's Crescent comprises 68 Grade I listed apartments and nine Garden Villas, overlooking Park Crescent park and a stone's throw from Regents Park. It's London’s first and only Grade I listed new build development, set behind an elegant façade originally designed by John Nash in 1820.

This majestic building and the surrounding environs of Regent Street and Regent’s Park were famously commissioned by Prince Regent, later King George IV. Residents have access to 9,000 square feet of amenity space as well as the private Park Crescent gardens and the development’s own 1.5-acre landscaped gardens.

Two-bedroom apartments start from £2.9 million

Photo Credit: Wonderhatch

www.regentscrescent.com

Next we visit The OWO Residences by Raffles, Whitehall, just a 4-minute walk to Embankment tube station.

The OWO Residences by Raffles are the new homes that will reside inside the former Old War Office ("The OWO") in Whitehall as it undergoes a mass renovation. Once complete in late 2022, it will comprise 120 hotel rooms within London's first Raffles hotel, and 85 residences, serviced by Raffles.

A very exciting new culinary destination for London, The OWO will have 11 restaurants and bars when it opens... that all residents will have access to, on their front door.

Prices at The OWO start from £5.8 million for a two-bed residence.

Photo credit: Grain London

theowo.london

Our third visit is to 80 Holland Park, Holland Park, a short 3-minute walk to Holland Park tube station.

80 Holland Park is Christian Candy’s most significant residential development since One Hyde Park and the first fully serviced residential development in W11. Bordering the north side of Holland Park, this highly anticipated development comprises 25 carefully crafted properties, including lateral penthouses and duplex townhouses.

The facilities include 24-hour concierge, screening room, business suite, pool and a high-performance gym designed by Olympic Triathlete, Tim Weeks.