The London Magazine: Brickbats
Tue 01 Jan 2013
Brickbats: What's going up, who is moving in - and what they are saying about it.
Welcome to Chelsea
New on Pond Place are the Chelsea Townhouses, three new-build properties from Morpheus that are on the market with Savills from 10.25m.
Ready for occupation, with contemporary decor by 1508 London, they'd suit someone who wants to buy a ready-made Chelsea lifestyle. International buyers in particular will likely appreciate the concierge-style service to help residents settle into the area. The townhouses are being marketed as pied-a-terre properties, and if your minimum requirements for a pied-a-terre include a large home cinema room, elevator and double-height ceilings, you are in luck.
Escape to the Cotswolds
Londoners looking for a breath of fresh air are proving to be a strong sales market for the Lowermill Estate: luxury holiday homes set in a 550-acre reserve in the Cotswolds. Freehold plot range from 300,000 to 1,400,000, and buyers participate in a bespoke design process. As well aas offering high-spec homes in a rural idyll, the estate has another unique boast: it's home to the first beavers born in the UK for 400 years.
43% of homes in prime London are worth 1million
61.7% of homes in prime central London are worth 1million
35% of homes in prime central London are worth 2million
Source: Marsh & Parsons