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by Simon Barnes

Spectacular riverside apartment reduced to £10M

Albion Riverside is a spectacular riverside apartment in an iconic building with breathtaking views of the London skyline. The apartment has recently been reduced from £12M to £10M.

Albion Riverside at night
Albion Riverside at night

Designed by world-renowned architects Foster and Partners, this magnificent apartment is in the most desirable and rarely available position within this landmark building. A combination of four flats, the impressive lateral space of 6,000 sq ft is interior designed throughout to the highest standards. It benefits from unrivalled river views, superb entertainment space, excellent accommodation as well as privacy and security.

  • Imposing entrance hall
  • Vast reception room 71 ft x 32 ft
  • 6 bedrooms, 6 bathrooms (all ensuite)
  • Self-contained guest flat with its own entrance
  • Staff quarters with 2 staff bedrooms and bathroom
  • Guest cloakroom
  • Media snug
  • Acclimatised wine room
  • Laundry and utility room
  • Storage room
  • Air cooling throughout
  • Audio surround sound system
  • Crestron controlled lighting system
  • Floor to ceiling windows
  • Large wraparound river front balcony
  • 24-hour security and concierge service
  • Residents’ gym and swimming pool
  • Secure underground parking for 4 cars

Located on the south bank of the River Thames between Albert and Battersea Bridges, the building is within easy walking distance of Battersea Park, Sloane Square and the King’s Road.

DOWNLOAD BROCHURE

 

Master bedroom Albion Riverside
Master bedroom Albion Riverside
Balcony view Albion Riverside
Balcony view Albion Riverside
Media room Albion Riverside
Media room Albion Riverside
Albion Riverside Reception
Albion Riverside Reception

 

 

Filed Under: Prime Areas, Properties Tagged With: Albion Riverside

by Simon Barnes

Luxury property – value and changing tastes

In the luxury property market it would be tempting to say that expensive fittings and state-of-the art decor are luxury items. However, in today’s world, when there is a price put on just about everything, luxury is more about the intrinsic value to the buyer than the cost paid.

luxury property bathroom
Bathroom in Langton Street – on market from Aylesford at £3.5m

Today, in the world of luxury property, real value is more about having the right space. Real luxury is about peace and quiet and the having the time to savour what your money has bought.

Technology

Increasingly the discerning buyer is not looking to pay a premium for a property installed with over-complicated technology, which comes in many guises from baths that run themselves, to electronic remote curtain closing.  Let’s face it, a dimmer switch has the same function as Lutron lighting, and is far easier to use!  However,  proper sized and equipped gyms and proper sized media rooms are still in demand.

luxury property gym
Gym in Mount Vernon House, Hampstead Village from Aston Chase

New build luxury property

There appears to be an increase in demand for larger properties (apartments) with an increasing number buyers opting for new-build apartments as homes rather than just investments. As a consequence, more thought is going into the design/layout to suit owner occupiers rather than just renters or investors

Luxury location

Today’s luxury property buyers are actually shying away from predictable high street brands, with the exception of perhaps a mini Waitrose or Wholefoods. Here, there is an increasing demand and reliance on home delivery.

Hampstead Houses
Hampstead Houses

In London, we are seeing an increase in appeal among buyers for London’s ‘villages’, most notably Marylebone, Hampstead, Highgate, Barnes, Wimbledon. Here landlords have made strategic plans to focus on independent retailers, rather than predictable brands.

And, of course, The Ivy is now the new Pret as there’s now one on every street corner pretty much throughout London, which makes the exclusivity of a ‘village’ all the more appealing and sought after.

Filed Under: Prime Areas Tagged With: luxury, luxury property, property, Simon Barnes

by Simon Barnes

London landlords let their imagination work wonders

Across prime areas of London landlords have historically been motivated only by securing and retaining their tenants. Historically London landlords did not usually seek to reinvent the precious commodity of commercial space they had right under their noses.

Wilton Crescent - London landlords
Wilton Crescent in Belgravia – Aylesford International

It took forward-looking and powerful London landlords in the form of the Portman Estate, Howard de Walden, Cadogan and Grosvenor Estates to reach the conclusion that these prime pockets of London real estate could be so much more than they were.

For example, as recently as ten years ago Mount Street was a mishmash of commercial offices and shops, albeit one with a few established shops. Among those which still exist are Douglas Hayward, tailors, and Allens of Mount Street, one of London’s longest standing butchers. Similarly, in recent times Marylebone High Street, Chiltern Street, Elizabeth Street and Motcombe Street in refined but characterless Belgravia were all uninspiring and dull.

London Landlords and London’s Villages

In recent times, these caretakers of the streets of London set about collaborating with estate agents to craft a strategy to cultivate individual destination ‘villages’ within the city. The mighty London landlords came up with a vision and, over time, set about transforming their areas into desirable, vibrant and independent shopping destinations.

Each area hosted charming well-chosen retailers with their own distinct personality, instead of the standard lacklustre chain shops which had been a stalwart on every street. Quirky and practical retailers, from barbers to greengrocers and butchers, jostle alongside independent delis, cafes and boutiques – adding interest and a buzz to all these upmarket areas.

Belgravia - credit Google Maps
Belgravia from the air – Google Maps

The major London landlords ploughed large sums of capital into substantial refurbishments of buildings and road layouts. They knocked down old ugly offices, such as in Pavilion Road off Sloane Street, replacing the 1960’s building with a smart contemporary office structure. In places they replaced paving with fancy cobbled streets to enhance the more traditional village appearance. They also added to the character by creating attractive shop fronts, enhancing the feel of stepping into a thoughtful, pleasing village hub.

Pavilion Road and Cadogan Gate - credit Google Maps
Pavilion Road and Cadogan Gate – Google Maps

The end result has been beneficial not only to visitors and shoppers, but also to local residents. Properties have been boosted in value because the surrounding areas have undergone a transformation; enhancing the sense of community and revitalising the streets. People tend to stay in areas that support their everyday needs and offer a feel-good factor as they go about their daily life.

Shopping and dining in Elizabeth Street - Google Maps
Shopping and dining in Elizabeth Street – Google Maps

Where once in Belgravia you could not pop out to a local shop for a pint of milk, today in Motcombe and Elizabeth Street you can find a handy newsagent, a food shop and a host of local retailers less than a stone’s throw from the large elegant houses that line Belgravia’s famous streets.

So today’s Prime Central London is bursting with ‘new villages’ and new life. It just goes to show what a splash of imagination and sound planning by these London landlords has cleverly achieved.

By Simon Barnes of H.Barnes & Co.


Photo Credits – 1 Aylesford International 2/3/4 Google Maps

Filed Under: Prime Areas Tagged With: Cadogan Estate, Elizabeth Street, Grosvenor Estates, Howard de Walden, London landlords, Portman Estate

by Simon Barnes

The most desirable streets in Prime Central London

Simon Barnes

Property expert Simon Barnes gives a low down on some of the most desirable streets in Prime Central London

“Property in prime central London is a two-tier market:
  1. The first tier is made up of a limited number of properties in most price ranges which can be found in the right condition and perfect location and which, are offered at the proper price.
  2. The second tier consists of a large number properties located ‘on the fringe’, perhaps on the wrong side of the street, lacking key amenities or not presented in absolutely the best condition.”

ON MAYFAIR

Charles Street - London's most desirable streets
Charles Street, Mayfair

Simon Barnes says: “There are really only ten most desirable streets in Mayfair.” Here are Simon’s top four:

Charles Street – Simon Barnes says: “A street with houses that contrast in style and architectural features, with some narrower than others.  At the rear, you will see that others back closely onto houses in Hay’s Mews to the north and Clarges Mews to the south.”

Upper Grosvenor Street – “Refined elegance with some fine houses, this is old Mayfair as we know it.”

Mount Street – “Now rivalling Bond Street as a chic shopping destination with stylish flagship boutiques and heritage brands – Mount Street has a vibrant village feel.”

Green Street – Simon Barnes says: “In reality, even in the prestigious location Green Street, Mayfair there are perhaps only four or five houses that I would recommend buyers view.”

ON KENSINGTON

Simon Barnes says: “It’s the same story in Kensington.

Holland Villas Road – houses on one side of Holland Villas Road back on to the noisy Holland Road, while houses on the other side back onto the very much quieter large houses of Addison Road.”

ON BELGRAVIA

Simon Barnes says: “At first glance the houses lining the smart streets in Belgravia appear identical.

Cadogan Place – “One of Belgravia’s most desirable and prestigious streets.  At the eastern end houses are white stucco fronted buildings, yet at the southerly end they are plainer with brick facades. While the white facades may seem attractive, all these houses back closely onto their mews houses. The brick fronted houses are much better; more space at the rear, quieter and altogether a better location.”


Mayfair images
prime property market update

Filed Under: Prime Areas Tagged With: Belgravia, desirable streets, Kensington, Mayfair, most desirable streets, Prime Central London, Simon Barnes

by Simon Barnes

Destination Chiltern Street, Marylebone W1

The Portman Estate has been the guardian of 110 acres of Marylebone since 1532 and Chiltern Street in Marylebone is one of its success stories.  The once tawdry lack lustre enclave of commercial buildings and offices located in ‘ Sherlock Holmes territory ’, a mere three minutes from Baker Street tube has been rejuvenated in recent years.

Chiltern Street, Marylebone, London
Chiltern Street, Marylebone, London

Today it is a vibrant destination village, bustling with independent retailers, boutiques, artisan cafes and smart trendy restaurants.  Londoners and incomers head to Chiltern Street as a ‘go-to’ social hub for shopping, socialising and entertaining.

Celebrities, such as David Beckham, Lily Allen and former Prime Minister David Cameron are all diners at the fashionable Chiltern Firehouse. The former empty fire station was transformed into a luxury hotel boasting 26 boutique suites by American hotelier Andre Balazs.

Chiltern Firehouse Marylebon
Chiltern Firehouse, Chiltern Street, Marylebone

Eclectic interesting and sophisticated shops pepper the area of Chiltern Street from individual clothing boutique Archer Adams aimed at those who resist trends to Trunk Clothiers aimed at the modern man; for contemporary and precious jewellery head to Cox & Power, for a traditional smart barber shop Mario’s is perfect and Jas music shop is a treasure trove for those looking to add to musical instrument collection.

Simon Barnes of H Barnes & Co says: “ Chiltern Street works because the thinking and planning behind it was so well thought through and orchestrated.  It is based on a unique concept, shirking the predictable chain shops and crafting a look and atmosphere that requires each retail unit to bring something individual with the right image and feel to suit the ‘village style’.

The end result is something beautifully laid out, that invites the shopper to go from one point of interest to another.  Allowing visitors to really enjoy what’s on offer – from a great cup of coffee, to a haircut, to mooching for a present, or buying a new outfit.  People make a beeline to come here as a social experience in its own right and that is a great success story.”


Top Photo Credit: Oxfordian Kissuth (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Filed Under: Prime Areas Tagged With: Andre Balazs, Chiltern Firehouse, Chiltern Street, Marylebone, Portman Estate, Sherlock, Sherlock Holmes

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