Thursday, August 25, 2022

UK Property Report — Magnificent Waterway Views In London

London may not be at the top of your mind when it comes to waterfront property, but with the spectacular River Thames and numerous canals, perhaps it should be.

View of the River Thames from Triptych Bankside. Image: JTRE London.

The United Kingdom’s capital has long been synonymous with beautiful historic homes and new modern luxury buildings. It’s not somewhere that usually makes the list for waterfront destinations. But with mile after mile of rivers and canals, there’s no reason why it shouldn’t. 

 

The River Thames which runs almost 350 km from its source through London to the sea is perhaps the most well-known, however, the many other waterways throughout the city also offer waterfront property opportunities. There is the Grand Union Canal which links London to Birmingham, the Lee Navigation which runs 44 km near Queen Elizabeth Olympic Park, and the Regents Canal which travels for 14 km from the River Thames at Limehouse straight to Paddington. 

Triptych Bankside

The sinuous architectural facade of Triptych Bankside designed by renowned architect Watson Witherford Mann. Image: JTRE London.

 Docks have been built along these waterways over the years. Take the London Docklands for example, which was once home to shipping for the British Empire. Today it’s moved away from its industrial roots and is now full of homes, shops, and businesses. 

 

As the residential property market in London enjoys yet another good year, now may be the best time to snap up your dream property. According to research and analysis by One Global Labs — the proptech and data research division of real estate agency One Global Property Services — on London residential sales completions data from HM Land Registry, property prices have grown by 7.7 per cent year-on-year (YoY). Outer London has seen overall price growth of 10.75 per cent YoY, while Inner London is still performing well, with overall price growth of 4.96 per cent YoY.

 

Director of Research & Technology Innovation at One Global Labs Eli McGeever explains, “Opportunities are everywhere. It’s important to understand and look at markets within markets.” 

Triptych Bankside

Another exterior angle of Triptych Bankside. Image: JTRE London.

 “The data shows that it doesn’t matter if you prefer Inner London, Greater London or the regionals. With the right research and analysis, your property purchase can outperform the average,” he added.

If you’re looking for a property with a stunning waterfront view in London, then look no further than these architectural masterpieces. 

Triptych Bankside – Southwark

Situated in the Southwark area — a short distance from the Tate Modern and River Thames — Triptych Bankside consists of three buildings that were developed by JTRE London and designed by internationally acclaimed architects Squire & Partners.

 

If you’re wondering where this development got its unique name from, it’s from both the distinctive architecture of the building, as well as the triptychs on display at the Tate Modern from many world-renowned artists such as David Hockney, Damien Hirst, and Francis Bacon. 

Triptych Bankside

Interior rendering of a living room in Triptych Bankside. Image: JTRE London.

 Within the residential towers, homebuyers can choose between many open-plan layouts from a studio to a spacious four-bedroom home with each benefiting from an outdoor private terrace to soak up the incredible views of their surroundings, including the mighty River Thames. Many units also feature dual-aspect views and floor-to-ceiling windows. 

 

Inside, luxury takes centre-stage with Carrara marble tiles, Caesarstone countertops, and Oak Herringbone floors. Full climate control is also available throughout, and iPads control the lighting, perfect for setting the mood anytime. This bespoke offering will make residents will feel like they’re at home in one of the world’s finest five-star hotels. 

Triptych Bankside

Bar/lounge deck at Triptych Bankside. Image: JTRE London.

 Residents will have access to several first-class amenities including a 24-hour concierge, gym and wellness facilities, cinema and game room, resident’s lounge, communal rooftop terraces, cultural facilities, and private lounge and workspace. As this is a mixed-use development, they’ll also have access to select retailers right on their doorstep, not to mention several communal gardens to stroll through. 

 

According to Eli, “Inner London boroughs like Southwark stood out, posting close to 10 per cent YoY growth.” If you’re looking for a luxury residence in the heart of London with waterfront views, then Triptych Bankside may be the best place to call home. Prices currently start from £720,000 (approx. USD 977K) and it’s available from One Global Property Services (www.ogpsglobal.com).

 

For more reads about London, click here.

Barnett Apartments at Hayes Village — Hayes

Nestled in the Hayes Village regeneration scheme is the highly sought-after Barnett Apartments. These residences are the only building part of the iconic Nestle chocolate factory to feature views of the Grand Union Canal.

Designed by award-winning architects, DMFK, the development features one- to three-bedroom residences. Residents will enjoy the open-plan living and full-height windows, while a mixture of large private balconies and terraces will allow them to soak in the views of their beautiful surroundings.

Hayes Village

Hayes Village. Image: Barratt Homes

Hayes Village has kept the chocolate factory’s legacy going throughout, with names such as “Milk Street” and “Nestle Avenue” on the site. It was, after all, integral in changing the way we appreciate chocolate and coffee today. Besides the invention of instant coffee, white chocolate was discovered there, which led to the creation of the famous Milkybar.

As part of Hayes Village, residents at the Barnett Apartments will have access to redeveloped frontage along the Grand Union Canal. They’ll also have access to an outdoor gym that pays homage to Eugene Sandow, the former herculean strongman who once owned the Art Deco factory, a new public square, a 1.3-km walking trail, a 200-m running track, and easy access to Harlington train station.

Hayes Village Barnett Apartments

Hayes Village Barnett Apartments. Image: Barratt Homes.

 Stuart Leslie, International Sales and Marketing Director, Barratt London comments: “Hayes Village is a heritage-led project with strong links to the past. The new apartments being established here celebrate the site’s rich industrial history, whilst creating a truly unique new London village.”

If you’re interested in snapping up a piece of history, the Barnett Apartments at Hayes Village offer the perfect opportunity. Prices currently start from £288,000 (approx. US$382K) (https://www.barratthomes.co.uk/new-homes/london/campaigns/international/ ).

For more property reads, click here.

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