London’s townhouses are proving popular again with families looking for space and style. The classic facade combined with a modern exterior is hard to resist, it seems. The Resident’s property expert Fiona Brandhorst takes a look at some of London’s most popular new additions to the market
Townhouses were traditionally just that – a house in the city during the social season for wealthy country residents of the 18th Century. Often arranged along wide tree-lined avenues or around leafy squares these terraced, multi-storey homes are among the most sought-after and highly priced in London today.
Enjoying a Zone 1 central location, Alchemi Group’s Hudson collection of five restored townhouses in leafy Leinster Square reflect the grandeur and prestige of Notting Hill’s Victorian architecture. Spread over three floors, these spacious three and four-bedroom homes retain many original features including Grade II listed sash windows, staircase and iron wrought railings associated with these properties (priced from £5.995m through Hamptons International).
Hillgate House, also in Notting Hill, is a new build contemporary townhouse-style property designed by award-winning Seth Stein Architects and on the market with Harrods Estates for £6.75m. Set behind a traditional façade and arranged over four floors, the house has the living space on the upper levels and is filled with natural light. There are three principal bedroom suites, an additional guest suite and integral garage. The lower level includes a plunge pool and entertainment space.
Charlie Killeen, Director at Dexters Notting Hill Estate Agents, comments: ‘We are finding that townhouses command a premium in the luxury London market with many people still attracted to the classic style of a townhouse.
The trend of converting townhouses into apartments or hotels is finally reversing with many of Belgravia’s grand townhouses being redeveloped back into single family homes
‘Those that have been modernised, but retain a period façade or historical features, are especially coveted as they offer the perfect balance.’ Dexters is selling a contemporary, interior designed three-bedroom townhouse with secluded patio garden in Moscow Road, close to the soon to be rejuvenated Bayswater and moments from Hyde Park, for £1,999,950.
According to the latest research from Lloyds Bank, Eaton Square, in the heart of Belgravia and celebrated home of the iconic white stucco townhouse, has been crowned the most expensive street in the country with an average price of £16,944,000. A rare freehold, seven-floor townhouse on Wilton Place is being sold by Harrods Estates for £14m.
‘The trend of converting townhouses into apartments, embassies, offices or hotels is finally reversing with many of Belgravia’s grand townhouses being redeveloped back into single family homes,’ adds Shaun Drummond, Sales Director of Harrods Estates, Knightsbridge.
In St John’s Way Battersea, London’s leading housing association Peabody is transforming the lifestyle of townhouse living with its exclusive selection of executive homes set over three floors. The Danvers Collection is a reinterpretation of the townhouse featuring spacious interiors, ample storage and private terraces, making them attractive to professionals who like to entertain. Prices start from £975,000 for a three bedroom executive home.
Sarah Butler, Sales & Marketing Director at Peabody, comments: ‘Buyers are now shunning the romanticized notion of having a Victorian townhouse to instead look for sleek, modern living over three floors.’
In Fulham, Riverside Barratt has launched its Townhouse Collection of just eight homes influenced by the distinctive riverside warehouses in the area. Situated on west London’s prime waterfront and surrounded by an acre of tiered landscaped gardens, Fulham Riverside is a short walk from Imperial Wharf station.
The five and six-bedroom townhouses feature a personal lift to all floors, accessed from the underground basement car park. Prices start from £3.9m for a five-bedroom, five-storey townhouse and completion is expected in late 2020.
Along the river, Chiswick Gate is a collection of three, four and five-bedroom townhouses by Berkeley Homes inspired by the timeless quality of London’s classic, residential squares. Enjoying views over a beautifully-landscaped, pedestrianised boulevard or the lush garden square, which form the heart of this new community, it’s close to Chiswick High Road. Prices start from £1.93m for a 1,822 sq ft home.
Two developments by St James in Old Isleworth are set to complete in 2017. Fitzroy Gate is a luxury gated estate of 39 four, five and six-bedroom, four-storey homes. Prices start from £1.25m. Brewery Gate is an exclusive collection of 28 spacious four and five-bedroom townhouses, with prices starting from £1.55m.