Waterside Luxury At High-End Chelsea Development

As the most significant development in Chelsea for 100 years, Hutchison Property Group’s Chelsea Waterfront scheme aligns perfectly with a waterside lifestyle and alfresco living and there are currently a range of luxurious prime properties for sale there.

Knight Frank’s Q4 2021 Waterfront Index shows the average premium uplift for London waterfront property was 10% (versus comparative property not offering waterfront living).

• Sales of waterfront property in London were up 36% in 2021 versus 2020
• Viewings of waterfront properties in London increased by 44% in 2021 versus 2020
• Offers accepted for waterfront property in London were up 49% in 2021 versus 2020
• New prospective buyers looking for waterfront property in London increased by 138% in 2021 versus 2020

WhatHouse? Award-winning Chelsea Waterfront is an 8.85-acre development from Hutchison Property Group located on the last remaining riverfront site on the north bank of the River Thames between Chelsea and the city, which has opened up 400m of waterfront to the public.

Comprising a collection of 710 luxury apartments, set across 10 buildings, the scheme has been designed by internationally renowned architect Sir Terry Farrell with gardens by leading landscape architects Randle Siddeley Associates. Two glass residential towers stand either side of a landscaped creek, framing the iconic Lots Road power station –which was once responsible for powering the London Underground, the first steel-framed building in the British Isles and the last of London’s great three power stations to be redeveloped.

Christopher Jones, new homes partner at Knight Frank, said: “Despite the recent rebalancing of values across some London markets, the premium buyers are willing to pay to be by the water is still very much there. Throughout the pandemic and to today, transactional activity and demand for waterfront property remains high. This is underpinned by many buyers’ increased focus on, and need for, outside space, views and fresh air – no doubt a product amplified by the pandemic. This drive for outside space goes much further than just larger private spaces; there is now a real desire from most buyers to be within easy reach of parks and of course the riverside. For homeowners at Chelsea Waterfront, being able to access the Thames path and walk along the Southbank has been hugely popular.”

Here are our three favourite available properties at Chelsea Waterfront.

For £3.347million is a 9th-floor property with south-west-facing balncony with river views from it open-plan kitchen/dining/living room, which has full-height windows on both sides to maximise sunlight. Two of the bedrooms have an en suite, all three have fitted wardrobes. There’s a separate family bathroom. Altogether there’s 1,551 sq ft of living space.

Priced at £6.031million is a 19th-floor four-bedroom apartment which offers an impressive 2,237 sq ft of living space. Each of the bedrooms comes with an en suite and fitted wardrobes, and bedroom one has a particularly luxurious bathroom of its own, a sizeable dressing area and full-height windows to a west-facing balcony. The expansive kitchen/living dining room also has floor-to-ceiling windows and another balcony.

A spectacular duplex penthouse is for sale for £9.185million. With 3,670 sq ft of living space and three private terraces, it is the ultimate luxury on sale here right now. The triple-aspect kitchen/dining living room has an abundance of floor-to-ceiling glazing and doors to one of the terraces. All four bedrooms are doubles with en suite and built-in wardrobes, and two of them have sliding doors to another terrace. Bedroom one is particularly large and has a Juliet balcony, a dressing area and en suite with feature bath and twin basins. Upstairs is a roof lounge like a large winter garden, which opens out onto the third terrace.

Find out more at www.chelseawaterfront.com.

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