London new homes round-up – the best new builds in the capital’s property market

Posted 9 May 2017 by Keith Osborne

The WhatHouse? team looks at new build homes across London to suit a wide spectrum of requirements and budgets...

Analysis of the latest data on the London property market has shown attention moving from some of the most famous districts in its prime central districts to some of its outlying suburbs.

London Central Portfolio (LCP) has recently analysed Land Registry data, showing dramatic changes in the capital’s property market over the past year or so. Sales of luxury new build homes have fallen dramatically in prime central London, starting last year, when 44% of all new flat sales took place in the first quarter of the year, ahead of a hike in stamp duty charges for investors. In all, completed sales of new build flats were down 41.4% by the end of last year compared to 2015, with average prices for new builds falling 8.7% to £1.9m.

Naomi Heaton, CEO of LCP, says: “The struggling performance of the new build market in Inner London will certainly be beginning to worry developers. With high-value sales to international buyers typically offsetting the cost of providing more modest housing and essential cash-flow to reinvest into new development, the government may well struggle to deliver upon its affordable housing targets if this trend continues.”

Mark Lawrinson of agents Portico has suggested some of the best places in Zones 3 and 4 to consider buying to balance current affordability with the potential for price growth, with Tottenham Hale, Wood Green and Forest Gate the top three. The latter will soon benefit from Crossrail services, while the first two are proposed stops on Crossrail 2, which is getting cross-party support to follow quickly in the footsteps of its east-west sibling.

The WhatHouse? team picks our top new build homes for sale in London across a wide budget range:

 

Ryder Court in Hayes, Hillingdon (Network Homes)

Ryder CourtThe current WhatHouse? Housing Association of the Year has launched 10 Shared Ownership homes at the Old Vinyl Factory at this west London development, once the location of EMI Music. Ryder Court features a mix of one-, two- and three-bedroom homes and in all, this mixed-use development will provide around 400 new homes.

Each of these apartments has a private balcony or terrace in addition to an allocated parking space. Initially, priority will be given to people who live or work in the London Borough of Hillingdon. These homes are just six minutes from Hayes and Harlington station, already served by regular services into Paddington and from 2018, part of the Crossrail network running through central London.

Vicky Savage, executive director of development at Network Homes, says: “The Old Vinyl Factory is at the core of Hayes’ exciting regeneration programme, which we are delighted to be a part of. The masterplan will offer fantastic retail, work and living opportunities on the door step, and along with the existing transport links, the Crossrail extension and investment in Hayes to follow, the area will become one of the most sought-after pockets of west London.”

Prices: From £124,000 (40% share)

Find out more about Ryder Court from Network Homes

 

Newlands in Hendon, Barnet (Linea Homes) 

NewlandsHalf the properties are sold in this select development of just six luxury apartments. Now completed, the other three two- and three-bedroom apartments are ready to move into.

Set on tree-lined Tenterton Grove, this brand new building has been designed to fit in with the established architecture of the area, yet using some modern variations. Inside these spacious two- and three-bedroom apartments, buyers will find Poggenpohl kitchens, integrated Miele appliances and quartz worktops, Italian-tiled bathrooms and high-quality Hansgrohe fittings.

Antony Stark, director at Linea Homes says: “The homes at Newlands have generous proportions and the finishes have been carefully considered, from installing underfloor heating and air-conditioning to details such as the solid wood window frames and coffered ceilings. Three of the six apartments already sold off-plan, so we are excited to launch the final apartments on completion and look forward to welcoming new residents to the development.”

Sales agent Debbie Ingram, adds: “Newlands is located in one of Hendon’s prime locations. The development is beautifully appointed and has been finished to a contemporary but timeless finish. This collection of new apartments caters to a wide demographic and has already attracted interest from both young professionals looking for a stylish home and couples downsizing after their children have left home. In particular, the apartments suit downsizers as, with a high specification, off-street parking and outside space, the homes allow them to downsize without compromise.”

Prices: From £1.1m

Find out more at www.lineahomesdevelopments.co.uk ; 020 7148 2222

 

Bermondsey Works in Bermondsey, Southwark (Telford Homes)

Bermondsey WorksThere are still a few apartments and villas available at this development in the heart of Bermondsey, which is set for completion this summer.

Residents of the scheme benefit from a number of exclusive amenities, including a 24-hour concierge service, private gym, underground parking, bicycle storage and two roof gardens.

David Campbell, group sales and marketing director of Telford Homes, says: “Bermondsey boasts an array of independent shops and cafes as well as great transport links to other parts of London, particularly the City and Canary Wharf for commuters. On top of this it is an area undergoing huge regeneration and is therefore going to become and even more desirable location in years to come.”

Eight minutes’ stroll from South Bermondsey National Rail station and 18 from Bermondsey’s Jubilee line Tube station, the development is within easy reach of many established and new shops and amenities as well as The City, West End and Docklands.

Prices: From £637,500

Find out more at www.telfordhomes.london ; 020 3538 3457

 

Stratford High Street in Stratford, Newham (Family Mosaic)

Stratford High StreetWith 26 Shared Ownership apartments at one of the capital’s biggest regeneration areas, this development has been very popular and still offers a few potential buyers the chance to own a home in London for under £100,000, thanks to the part-buy/part-rent government initiative.

It’s location at the heart of one of east London’s liveliest areas means that the rest of city is within very easy reach, with bus, Tube, Overground and High Speed and National Rail services from Stratford and Stratford International station. Crossrail follows soon.

Westfield and the facilities of the former Olympic Park are just some of the shopping and leisure amenities on the doorstep.

These apartments have oak laminate flooring in the living areas and carpeting in the bedrooms, and a specification that includes fitted wardrobes in one-bedroom apartments and en suite bathrooms in the two-bedroom apartments. All homes have private balconies and a host of integrated appliances in their fitted kitchens.

Prices: From £97,500 (30% share)

Find out more at www.familymosaicsales.co.uk

 

Wardian in Canary Wharf, Newham (EcoWorld Ballymore)

WardianThe penthouses have now been released at this major development in Docklands, with four two-bedroom apartments and four three-bedroom homes in the West Tower, along with three two-bedroom and one three-bedroom apartment in the East Tower.

Inspired by the Wardian case, the 19th-century creation of Dr Nathaniel Bagshaw Ward which revolutionised the transportation of exotic plants across the globe, the design of the new buildings, by Glenn Howells Architects, includes an atrium and a residents-only outdoor swimming pool, which will showcase over 100 different species of exotic plants. The penthouse interiors, too, have been based on natural organic materials and colour palette.

This development is just a three-minute walk from Cabot Square, already with good transport options but with Crossrail set to start in 2018 to cut travel times from Canary Wharf to London’s other major business hotspots.

Residents will have access to exclusive facilities such asa 25m open-air swimming pool, a gym, cinema, two restaurants and a rooftop observatory.

Prices from £1.85m

Find out more at www.wardianlondon.com

 

Merchant’s Walk in Bow, Tower Hamlets (Peabody)

Merchant's WalkThis development from one of London’s best-known housing associations is now 50% sold in one of East London’s most popular areas. In all, the scheme comprises 79 studio, one-, two- and three-bedroom apartments for private sale.

Sales and marketing director at Peabody, Sarah Butler, says: “At Merchants Walk, we are proud to offer first-time buyers the opportunity to indulge in spacious apartments that you’d struggle to find elsewhere in Zone 2 at the same price point. Every aspect of the development incorporates luxury, from the landscaped courtyards to the sleek, modern finish of each apartment. In a vibrant location like Bow, residents can enjoy being close to central London without breaking the bank.”

Easily connected in various transport options to nearby and distant destinations, each of these apartments has an excellent standard specification, with Help to Buy London on offer on plots up to £600,000.

Prices: From £375,000

Find out more at www.merchantswalk.co.uk ; 020 3369 8670

 

One Park Drive in Canary Wharf, Tower Hamlets (Canary Wharf Group)

One Park DriveThe first apartments are now on sale at this iconic building from the company that owns the entire Canary Wharf estate. Uk-based buyers are the first to be offered 483 apartments in the 58-storey building.

The Herzog & de Meuron-designed building has a  prominent waterfront location and a cylindrical appearance that will stand out among the hundreds of new build homes planned for this commercial centre in the east of the capital.

Residents will enter a lobby with a concierge service, and have access to amenities such as a library, fitness suite, screening room, gym steam room and sauna, and 20-metre swimming pool with a view across the docks.

Sir George Iacobescu, chairman and chief executive officer for Canary Wharf Group, says: “Canary Wharf has always been pioneering in its approach to the built environment and urban design. One Park Drive will become a fixture on the London skyline and this launch represents a rare and very limited opportunity for people to buy a home in London. This more than just a building, it is a piece of art.”

Brian De’ath, director of residential sales, adds: “One Park Drive will define the standards by which all future residential projects will come to be measured. In terms of how it works, how it looks and the quality of every detail, it is something very special indeed.”

Prices: From £575,000

Find out more at canarywharf.com/residential ; 020 7001 3800

 

King Edwards in Hackney (Linden Homes)

King EdwardsThis award-winning housebuilder recently previewed this collection of 17 one-, two- and three-bedroom apartments and three and four bedroom duplex houses, ahead of a show home that is being prepared for later in the year.

A number of these homes have already been reserved, but a number of two- and three-bedroom apartments are currently available. The central location is perfect for those working in the capital, just half a mile from London Fields, Cambridge Heath and Hackney Central railway stations and a stroll from Columbia Road flower market, Victoria Park and the pool and lido of London Fields.

Roseanne Bullen, Linden Homes Eastern’s sales and marketing manager, says: “As many of the properties are available on Help to Buy and come in a range of sizes and styles, King Edwards appeals to a real mix of buyers. The development is on a road without any thoroughfare traffic, so offers an unusually peaceful lifestyle considering its location in east London.” 

Prices: From £585,000

Find out more about Linden Homes’ current developments 

 

The Triangle in Crystal Palace, Lambeth (Hambridge Homes)

The Triangle​This new development comprises just five two- and three-bedroom apartments and two two-bedroom duplex apartments, ranging in space from 849 sq ft to 1,100 sq ft. Each apartment has its own private balcony, with a selection having a second balcony to one of the bedrooms.

The building comes in a contemporary design a curved façade completed in a yellow stock brick and grey zinc, while the internal specification includes LED downlighting, video entry system and a fully fitted alarm for extra security.

James Overton, managing director at Hambridge Homes, says: “South London is becoming the new hot spot for those who wish to be in London but without the hefty price tag. The Triangle is the perfect choice for those looking for a home in a commutable location, but who don’t want to sacrifice space or quality.”

The Triangle is located a short walk to Gipsy Hill station, which provides routes to Victoria or London Bridge taking around 27 minutes.  

Prices: From £565,000

Find out more at www.thetriangle-se27.com ; 020 7738 6839 (Pedder)

 

Aldwych Chambers in Aldwych, Westminster (RER London)

Aldwych ChambersA new show homes has been unveiled at this luxury central London development, aimed at those looking for a convenient permanent home, weekday pied-à-terre or investment.

The two-storey property has been fitted to the top-end standards of the entire development, with Italian design kitchen, German appliances and details such as solid oak flooring, smart technology throughout, underfloor heating and comfort cooling. There’s video entry, a concierge service and a private cinema for residents’ use.

Situated on Essex Street, these secure new homes are in a quiet corner of this central district, but within a stroll of all the entertainment and leisure facilities of the West End. Only five apartments remain for sale at the scheme at this point.

Tim Farrow at developer RER says: “We are delighted to launch our new duplex show apartment at Aldwych Chambers. Our buyers have been British and European, who are drawn to its quiet, yet central location which is ideally situated for residents to appreciate the vibrancy, culture and nightlife that The Strand and nearby Covent Garden has to offer.”

Prices: From £1.7m

Find out more at www.aldwychchambers.com ; 020 7583 0793 

 

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