One of the big things that make the most desirable locations in London so popular is the exclusivity. Addresses in some parts of Kensington and Chelsea in particular command such high values because the number of properties are so limited. This lack of supply coupled with high demand pushes the prices up.
With the conditions above it is always fantastic to see new developments that give more people the chance to purchase homes in the most desirable areas. This is happening in Kensington and Chelsea with the Royal Warwick Square project. This will create new luxury apartments and penthouses in one of the best locations in Central London, close to royal parks, universities, and cultural landmarks.
The thing that makes this develop stand out so much is that it puts a modern twist on the classic garden square. Award winning architects Squire & Partners were tasked with the design. Their experience of working on key sites across London and around the world served them very well. The courtyard garden will offer some rare peace and quiet for residents who want to live close to a busy area. They will also have access to fantastic facilities such as a private pool, cinema, and a gym/spa.
This development stands out even more because it is the first of many for the area. The masterplan is to create 1,000 new homes in total and a school. The public spaces will also be carefully landscaped to ensure they enhance the site. Royal Warwick Square is set to receive its first tenants in 2021.
These new homes are expected to offer fantastic investment potential. This is anticipated because the area is such a prime location and new builds offer a huge premium because they are quite rare.
At Finefair we have a wealth of experience working with investors. One thing we can do is arrange property management Kensington and Chelsea landlords can trust. We take care of assets as if they were our own, doing all we can to retain the standards. This means we will always be focused on looking after your investment.
If you would like to discuss investing or managing properties you already own in this prime Borough, please get in touch with us.