Homes along London's cycle lanes:Old Street roundabout set for £25m revamp as the 'gateway to tech city' gets new bike-friendly homes

As the annual Ride London proves, two wheels is the way to go. Make your commute easier and buy a home near a cycle lane, getting an apartment with bike storage cabins.

More than 100,000 cyclists are expected to hit the streets as the capital hosts Ride London, the world’s biggest cycling event. Cycling is now Londoners’ second most popular form of transport after the Tube and developers are building for the cycle fraternity. Make your commute easier and buy a home near a cycle lane, getting an apartment with bike storage cabins — some even provide storage in your flat — and near repair facilities.

Known as “the gateway to tech city” Old Street roundabout challenges the most fearless rider but a planned £25 million overhaul will bring segregated cycle lanes to one of London’s busiest junctions. The nearby Atlas Building, just off City Road, will also be finished by 2018 and its 302 apartments have access to 350 free cycle spaces. Sales director Andrew Hawkins, says planning requirements now demand bike storage takes precedence over cars — the scheme has just 28 car parking spaces, which will be pricey and restricted to higher value apartments. He says: “There’s a big push to make European cities more bike friendly.”

Bike storage is in the basement with lift access to apartments. Prices start from £711,000 with annual service charges from £6.07 per sq ft. Call Rocket Investments on 020 7205 4570.

cyclinghomesatlasbuildingexteriorhp.jpg
From £628,000: studios and apartments at the Atlas Building

SUPERHIGHWAYS MEET

Grab a chocolate smoothie while getting your puncture fixed at Look Mum, No Hands! The popular bike repair café shares its location with new scheme 250 City Road which has free, secure storage for 1,486 bikes in its basement. Its position “where the information superhighway meets London’s cycle superhighway” makes it “the ultimate location for bike enthusiasts”, says Berkeley Homes, adding that hundreds of TfL cycle hire bikes are also within easy reach. One-beds start from £850,000 with completion set for the end of 2018 and service charges of £5.21 per sq ft. Call 020 3040 6250.

cyclinghomes250cityroadhp.jpg
From £850,000: new apartments at 250 City Road

Holland’s cities rank among the best for cyclists and Dutch-born CEO Marc Vlessing wants Pocket Living to be London’s most cycle-friendly developer. “Cycling is in my DNA,” Vlessing explains. “We are passionate about bikes and all Pocket sites are built with communal cycle storage and a bike-sized cupboard in each apartment.”

Vlessing cycles to all meetings and Pocket’s workforce shares a Tokyo bike in the office. Residents are given guided cycle tours so that they get to know their neighbourhood and which dangerous junctions to avoid.

Just off Homerton High Street in Hackney, E9, Rosina Street is near a major cycle network enabling residents to ride to Canary Wharf in 23 minutes, the Olympic Park in 13 minutes and Dalston in eight minutes. Ready by December, 29 one-bedroom apartments have access to secure bike storage but the five-storey scheme also has an oversize lift for anyone who can’t bear to be parted from their bike. Annual service charges start from £1,170 with prices from £282,000. Call Pocket Living: 020 3040 6250.

In Shadwell residents at The Junction have easy access to the Barking to Tower Gateway Cycle Superhighway and can be in the City within a seven-minute spin. Just one three-bedroom penthouse remains for sale at £740,000, annual service charges are £2.50 per sq ft with completion this autumn. Call Telford Homes on 020 3538 4859.

cyclinghomesstratospherehp.jpg
£780,000: just one two-bedroom apartment is left for sale at Stratosphere

Thousands of commuting cyclists use the Stratford to Aldgate Cycle Superhighway which runs for about 4.3 miles. At one end of the route, just one two-bedroom apartment is left for sale at Stratosphere, priced at £780,000, with annual service charges of £3.73 per sq ft. Completion is spring 2017. Call Telford Homes on 020 3538 9273.

cyclinghomesbarratthp.jpg
From £797,000: apartments at Aldgate Place

At the Aldgate end of Barclays Superhighway 2, Aldgate Place contains 313 one-, two- and three-bedroom apartments and three- and four-bedroom duplexes set across four towers with 800 free secure cycle spaces for residents. Ready by June 2018, prices start from £797,000 for a one-bedroom apartment with annual service charges of £2,830. Call 0844 225 0032.

cyclinghomescamdencourtyardhp.jpg
From £620,000: apartments at Camden Courtyards

Canal towpaths offer relaxed routes for the nervous cyclist. Three minutes’ walk from the canal at Regent’s Park, NW1, which runs from Paddington to Limehouse, new scheme Camden Courtyards in Camden Road contains one-, two- and three-bedroom apartments and duplexes. The car-free scheme has 296 free cycle spaces. Ready next summer, apartments start from £620,000 with annual service charges from £3,085. Call Barratt London on 0844 225 0032.

cyclinghomesthemerchanbuildinghp.jpg
From £760,000: two-bedroom homes at The Merchant Building, City Wharf

In N1, next to Wenlock Basin where you can ride into central London along the towpath, City Wharf has storage for more than 300 bikes in its secure basement. Two-bedroom homes at the latest phase, The Merchant Building, start from £760,000 with annual service charges of £3.05 per square foot. Call Fabrica on 020 3642 8973.

Get the latest property news with our weekly newsletter
Follow us on Twitter @HomesProperty and Facebook

Comments