Candys find central London's sweet spot
Masters of the super-rich market, property developer brothers Christian and Nick Candy have swooped to buy a redundant office building on the Westminster-Pimlico border for their next luxury housing project.
The scheme of 31 prestige apartments at 26 Chapter Street is one of several developments in the pipeline for the Millbank area, best known for Tate Britain art gallery.
Until now, this quiet corner of central London has been a residential secret — a Division Bell address for MPs, with a mix of well-kept private, council and charitable housing. But office-to-residential conversions are boosting the supply of designer homes. The Candys discovered the area when buying an old police station on Regency Street for conversion to social housing as part of their planning agreement for the swish One Hyde Park scheme.
Vincent Square is the area’s best address, with homes overlooking 13 acres of private playing fields owned by Westminster School. The Chapter Street scheme backs on to the square.
Other developments include listed, art deco Douglas House, being split into two- and three-bedroom apartments, from £1,495,000. Call Hamptons International on 020 7758 8419. Riverwalk House, former government offices on Millbank, has been bulldozed to make way for two new blocks, one 17 storeys high, connected by a central podium and providing 113 homes. A street-level restaurant and gallery is planned. The site includes Locking Piece, a bronze sculpture by Henry Moore. Call Knight Frank on 020 7861 5499.
And on John Islip Street, Berkeley Homes is turning two ex-ministry buildings into two apartment blocks — Abell House and Cleland House. Prices from £1.81 million. Call 020 7720 4000.
Buy into a piece of the Market
Market Green, postcode N7, lies just north of King’s Cross and butts up against the delightful Barnsbury conservation area. The district is being revitalised as former industrial premises make way for new homes.
Shared-ownership flats in smart, low-rise courtyard blocks are part of a private scheme called Xchange Point. Prices start at £302,500, or £90,750 for the minimum 30 per cent share. This would require a deposit of less than £5,000, while monthly outgoings — mortgage, rent and service charges — would be about £1,000 a month.
Apartments have a terrace or balcony and there is underground parking, plus concierge services. The nearby 10-acre Caledonian Park is a local green retreat.
Family Mosaic housing association is building added-value homes in other inner-city areas. Apartments at The Bottle Store, Stockwell, start at £275,000 (£82,500 for the minimum 30 per cent share), while at Ivydale Road, Nunhead, new Victorian-style four-bedroom houses back on to a “wildlife corridor” — an uncultivated strip of land at the rear of the properties. Prices from £545,000. Call 020 7089 1315.
Looking down on the City from 25 floors
The Avant-garde apartments sit between Brick Lane and the Bishopsgate office complex on the City fringe, and the 1,924sq ft penthouse, right, on the 25th floor, is now released for sale at £2.95 million. The tower has a “Free Spirit Garden” and residents’ roof terrace. Call Telford Homes on 020 3620 8003.
Raise your hopes with a view of Tower Bridge
Tower Bridge is rising on the site where illusionist David Blaine famously endured 44 days in a glass box suspended above the Thames.
Berkeley Homes is bringing a cluster of nine buildings with 350 private apartments and 43 affordable homes for the City of London Corporation. Squire and Partners has varied the design to reflect the surrounding architecture. Windsor House mimics the warehouses of Shad Thames, while Cambridge House is more contemporary.
A 20-storey tower will have just one apartment on each floor and will be topped off by a spectacular triplex penthouse complete with garden. Apartments have been launched at Wessex House. Prices from £850,000. Call 020 7871 0011.
Bag a bargain in Brighton
Brighton is London-by-Sea at this time of year, but it’s not just day trippers and weekenders heading for the coast. Commuters are snapping up homes — bargain-hunting first-time buyers as well as equity-rich Londoners “downsizing” in price.
With the arrival of London money have come London-style homes — lofts, penthouses, funky flats in developments with concierge and parking. SuperB is part of the New England regeneration zone right next door to Brighton train station — 94 apartments priced from £210,000. Call Currell on 020 7226 6611.