London’s New Developments Offer a Piece of the Great Outdoors

The latest crop of apartments in the British capital combine old world charm and modern amenities

London pricing is more stable than in recent years, according to a report by global real estate consultants Knight Frank. Average prices dipped 1% in the year to February. Although it is a small dip, it provides further evidence that sales are stabilizing: By contrast, prices fell 7.9% between August 2015 and February 2017.

Some neighborhoods’ prices are up, including the centrally located Marylebone, which saw its prices jump 3.5% this year, in part because of the area’s new projects.

Fitting in with the season, many of this spring’s new developments provide owners with chances to get outside—they are set alongside parks and have tennis courts.

Often they mix the classic period sensibility and contemporary finishes—perks on opposite sides of the spectrum, but both of which are often associated with London real estate.

66 Warwick Square, Pimlico

66 Warwick Square, Pimlico

This unique project, which just launched, was originally built by 19th century London master builder Thomas Cubitt, who was responsible for many streets in the city. The magnificent stucco facade has been maintained, but the five interior apartments have been designed with contemporary life in mind.

They have high ceilings and fiber optic cabling, as well as parquet floors. There is plenty of space, with one unit stretching to 2,834 square feet, as well as access to a garden with tennis courts and a children’s play area.

Number of units: 5
Price range: From £995,000 (US$1.37 million) for a one bedroom to £7,725,000 (US$10.9 million) for a 3 bedroom apartment
Developer: Asquith Spencer
Apartment sizes: One to three bedrooms
Amenities: Tennis courts, children’s play area, garden
Website: knightfrank.com

Novel House, 29 New End, Hampstead

Novel House, 29 New End, Hampstead

This late-February launch is the first new building development in Hampstead Village for almost 20 years. The 16 apartments and single penthouse are designed to maximize space and light, with picture windows and high ceilings.

Many of the apartments have terraces or balconies, and there’s access to landscaped gardens, not to mention the sprawling Heath nearby.

But this project is really about the location, two minutes away from Hampstead High Street, with its high-end array of shopping and restaurants.

Number of units: 17
Price range: Starting at £995,000 (US$1.37 million) for a one-bedroom, and £3.495 million (US$4.9 million) for two-bedrooms
Developer/Architect: Linton Group/KSR
Apartment sizes: One to four bedrooms
Amenities: Outdoor space, garden, gym, concierge, parking, location
Website: novelhousehampstead.co.uk

The Townhouse Collection at The W-1, 35 Marylebone High St., Marylebone

The Townhouse Collection at The W-1, 35 Marylebone High St., Marylebone

April will mark the launch of the townhouse collection at The W-1 development, the first collection of townhouses built in Marylebone in over 50 years.

This development, created by St. Peter Wood’s property firm, transforms the former BBC Radio London headquarters into 19 apartments, with three penthouses and five four-bedroom townhouses. The project will maintain the period details of the 1930s heritage facade, with striking interiors that include two-story atriums with retractable glass roofs.

The home’s design work is done by Sophie Paterson Interiors, influenced by the Art Deco style of the 1930s.

Number of units: Five townhouses, 19 apartments (including three penthouses)
Price range: From £11.5 million (US$16 million) for the townhouses and from £4.1 million (US$5.7 million) for the apartments
Developer/Architect: W-One International/Dixon Jones
Apartment sizes: Four-bedroom townhouses, two-, three- and four-bedroom apartments
Amenities: Residents will receive memberships to nearby spa at a five star hotel (details will be announced in June)
Website: thew1london.com

Building 3, Greenwich Peninsula, SE10

Building 3, Greenwich Peninsula, SE10

This building, launching this month as part of the Greenwich Peninsula Development, features exclusive designs by interior designer Sophie Ashby.

The homes overlook the river and the city and offer membership at the Upper Riverside Club, which has one of London’s highest pools, two gyms, steam rooms and private movie theater, as well as a relaxation area, The Renew Floor, designed by Tom Dixon’s design studio.

The 126-unit tower is designed by SOM, the architects who designed the new World Trade Center in New York. The building reflects their sensibility, with its prismatic side tilted toward the river’s edge, providing panoramic views from the interior.

The roof has a series of terraces with green spaces as well. This tower sits in the Greenwich Peninsula, which is London’s largest regeneration project, costing £8.4 billion (US$11.6 billion).

Number of units: 126
Price range: From £535,000 (US$737,000)
Developer/Architect: Knight Dragon/SOM
Apartment sizes: One-, two- and three-bedroom apartments, lofts and penthouses
Amenities: Roof garden, access to the Upper Riverside Club—with one of London’s highest pools—two gyms, steam rooms and private movie theater, as well as a relaxation area
Website: greenwichpeninsula.co.uk

Paddington Gardens, North Wharf Road, Paddington Basin, W2

Paddington Gardens, North Wharf Road, Paddington Basin, W2

This new development launches its first show apartment in May, offering buyers a chance to live within the largest green space to the north of Hyde Park.

Overall, 335 homes across four towers are part of a larger development with offices, restaurants, retail, a primary school and 340-room hotel. The green space will form a haven for wildlife, recreation spaces and children’s playspaces.

The one- to four-bedroom apartment complex will be surrounded by a pedestrian boulevard, which will connect the development to Regents Canal.

Number of units: 335
Price range: From £825,000 (US$1.14 million) to over £2 million (US$2.8 million)
Developer/Architect: Meritas Real Estate/Powell Dobson
Apartment sizes: One to four bedrooms
Amenities: Greenspace with children’s playspace, access to a gym next door, 24-hour concierge, underground parking
Website: paddingtongardens.com

Arlington Lofts, Arlington Road, Camden, NW1

Arlington Lofts, Arlington Road, Camden, NW1

Located within 200 yards of the Camden Underground Station, this building is a converted electrical station from 1930.

The 16 loft-style homes feature high ceilings and warehouse detailing.

The project, which launched in February, has industrial-style finishes, such as a metal lattice entrance lobby with pendant lights. The one-, two- and three-bedroom homes have Caesarstone worktops and silver finish backsplashes in the kitchen.

Number of units: 16
Price range: £1.115 million (US$1.6 million) for a two-bedroom and £1.285 million (US$1.8 million) for a three-bedroom
Developer/Architect: FABRICA by A2Dominion/54 Architecture
Apartment sizes: One to three bedrooms
Amenities: Private outdoor terraces, Siemens appliances, on-site CCTV, basement storage
Website: fabrica.co.uk