One place in London where demand for homes is guaranteed to outstrip supply is Covent Garden. For many people, it is the beating heart of the capital — lively and individual, it buzzes with the excitement of opera, ballet and theatre, and its world-famous piazza attracts 45 million visitors a year.
A steady trickle of new developments and conversions is widening the choice, bringing swish apartments to the neighbourhood’s historic colonnaded market area, above fashion boutiques, tucked away in cobbled passageways and in listed buildings. In tandem with this are moves by the district’s main landowner, Capco, to push Covent Garden upmarket, with a luxury retail quarter alongside the craft stalls.
In Bedford Street, 17 apartments with contemporary interior design have been created in a splendid Georgian building boasting ceilings four metres high.
The same developer, Dukelease, has also launched nearby Hop House, with 28 apartments and a duplex penthouse at the top. Prices from £695,000 to £4.5 million. Call EA Shaw on 020 7420 3050. Coming to Covent Garden soon is Capco’s The Beecham, a former Lloyds Bank branch converted into grand apartments, while a major development project is in the pipeline between Long Acre and King Street, comprising a 50-home residential and retail scheme. The ambitious plan will open up listed courtyards and create a pedestrian walkway across Floral Street to the piazza.