neighbourhood-watch

Neighbourhood Watch

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On the Edge of Zone 1 Westminster, nestled between Hyde Park and Regents Park, and within touching distance of Marylebone, Notting Hill and the West End, sits Paddington. In this bustling, but often overlooked area, you&rsquo;ll find parks, gardens, squares, the Grand Union Canal and the Grade I listed London Paddington station designed by the great Isambard Kingdom Brunel. Properties here range from Georgian and Victorian terraced houses built in the 18th Century, to smart new build apartments along the canal. Most period properties here have been split into apartments, perfect for couples and small families who want to be close to the city centre. &ldquo;Paddington has come a long way over the past 10 years&rdquo; comments Sales Associate Thomas Middleditch. &ldquo;Big changes to Paddington Basin and Paddington Central have created an urban oasis with open spaces for local residents and the public to relax and meet friends as well as offering excellent bars and restaurants all within close proximity of beautiful waterways. The area attracts an international crowd and is popular with students as a number of universities such as LSE, University College London and Imperial College London are within easy reach. Hyde park is not far away, and this is a big draw for the families, not only this but there is a wealth of good schools for all ages.&rdquo;Paddington has received a significant amount of investment as part of an intense regeneration project around Paddington station. &ldquo;With the recent appearance of new developments amid a swathe of trendy waterside restaurants and bars, this area offers a vibrant and connected lifestyle for those wishing to purchase a new home centrally, with plenty of buying opportunities at developments such as&nbsp;<a href="http://residential.jll.co.uk/property-search/development?t=d&amp;id=a0O1I000001JvcSUAS" target="_self">West End Gate</a>, Paddington Gardens and&nbsp;<a href="http://residential.jll.co.uk/property-search/development?t=d&amp;id=a0O1I000001JvfLUAS" target="_self">No.3 Canalside Walk</a>.&rsquo; Director of Development Consultancy Jeremy Wharmby comments. He adds that &lsquo;Paddington&rsquo;s connectivity with Heathrow via the Heathrow Express, and the impending arrival of Crossrail, makes Paddington a strong medium and long-term investment. Interestingly, we have witnessed a diverse range of buyer demographics purchasing within Paddington Basin &ndash; UK buyers buying London bolt holes for use during the week, repeat buyers living in the Basin, through to overseas investors buying into the Crossrail story for future growth.&rdquo; Currently, there&rsquo;s a total of 1,003 units under construction in the Paddington area, however with a restricted future pipeline of new developments, Neil Chegwidden Director of Residential Research expects that &lsquo;Residential sales prices and rental growth will accelerate following a positive Brexit result&rsquo;.The northern stretches of Hyde Park and the picturesque waterways of Little Venice are both within walking distance. For world-class shopping and European cafe culture, Oxford Street and Marylebone are also a short distance away. Covering a total of 350 acres, Hyde Park is a real draw for locals looking to walk, run and cycle in the open air or enjoy a sense of peace and quiet among its preened rose bushes. Just west of Hyde Park you&rsquo;ll find&nbsp;<a href="https://www.connaught-village.co.uk/" target="_blank">Connaught Village</a>, a small enclave of period properties with independent boutiques and caf&eacute;s stocking everything from hand-painted ceramics, , fashion and antique silverware, to italian antipasti and Persian inspired mezze.&nbsp;<a href="http://casamalevo.com/" target="_blank">Casa Malevo</a>, an Argentinian restaurant, in the heart of Connaught Village offers traditional grills and an excellent selection of Malbecs. In historic Little Venice you&rsquo;ll find charming narrowboats and water caf&eacute;s lining the calm stretches of water where the Grand Union and Regent's Canals meet.The waterside quarters of Merchant Square and Paddington Central offer residents a vibrant mix of cafes, outdoor activities, eateries and bars. Work up an appetite paddle boarding down the canal or running along the towpath, followed by a visit to&nbsp;<a href="https://www.kerbfood.com/" target="_blank">KERB</a>, a fortnightly street food market on Sheldon Square. Their trader line-up is mouth-watering, featuring La Nonna&rsquo;s gelato Taco Dave, , Indian Street Kitchen, Jamon Jamon and plenty of other favourites. Similarly,&nbsp;<a href="https://pergolalondon.com/pergola-paddington">Paddington Pergola</a>&nbsp;has food stalls and bars spread out across two floors, and the outdoor terrace here really comes into its own during summer. Paddington is also home to London&rsquo;s first floating park, Garden Bridge, which provides space for events and installations from pop-up gin bars to outdoor fitness classes run by the Paddington Partnership, the body coordinating regeneration of the area around Paddington Station.So far as transport links, Paddington station is well connected to West and South West England and South Wales. The Heathrow express, a dedicated non-stop service to the airport, leaves every 15 minutes. Paddington is also served locally by four London Underground lines through two separate stations: the Bakerloo, Circle, District and Hammersmith &amp; City lines. Paddington is also being transformed to incorporate the new Elizabeth Line (Crossrail), which will make Paddington even more conveniently connected to the West End, the City. There are plenty of outstanding state schools for all ages to choose from in Paddington including Hampden Gurney, King Solomon Academy and Gateway, in addition to pre-preparatory Wetherby School, the school once attended by Princes William and Harry.<a href="http://residential.jll.co.uk/property-search/property-search-results?q=r&amp;stype=B&amp;location=paddington&amp;sold=0" target="_self">View properties</a>&nbsp;<a href="http://residential.jll.co.uk/contact-us/offices/london-kensington-estate-agents/kensington-area#OfficeTabsControl" target="_self">Local Office</a>&nbsp;<a href="http://residential.jll.co.uk/insights/research/paddington" target="_self">Latest Report</a>

London Neighbourhood Watch: Paddington

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A guide to the property market in Paddington and living in this West London neighbourhood.

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On the South Bank of the river Thames, between Battersea and Vauxhall,&nbsp;<a href="http://residential.jll.co.uk/contact-us/offices/london-nine-elms-estate-agents" target="_self">Nine Elms</a>&nbsp;is transforming from a formerly industrial area into thriving residential community. This vibrant area is a result of a&nbsp;<a href="https://www.thetimes.co.uk/article/donald-trump-called-nine-elms-new-london-home-of-the-us-embassy-lousy-is-it-as-bad-as-the-president-proclaimed-5pqpk68z6" target="_blank">&pound;15 billion regeneration scheme spanning 561 acres</a>. Since the US embassy announced its move from Mayfair, this Zone 1 south London neighbourhood has remained firmly in the property spotlight.With the development of the iconic Battersea Power Station and other new schemes such as&nbsp;<a href="http://residential.jll.co.uk/property-search/property-search-results?q=r&amp;stype=r&amp;location=riverlight" target="_self">Riverlight Quay</a>,&nbsp;<a href="http://residential.jll.co.uk/property-search/development?t=d&amp;id=a0O1I000003HWmLUAW">Lexington Gardens</a>,&nbsp;<a href="http://residential.jll.co.uk/princeofwalesdrive" target="_self">Prince of Wales Drive</a>&nbsp;and Embassy Gardens, Nine Elms is now home to some of London&rsquo;s most prestigious apartments. With Battersea Power Station as the focal point of this urban regeneration project, the likes of architects Frank Gehry, Norman Foster, Michaelis Boyd have been attracted to the neighbourhood, designing sinuous metal towers and stunning infinity pools. Alex Finch, Director of&nbsp;<a href="http://residential.jll.co.uk/services/land-and-development/new-developments">Residential Development</a>&nbsp;comments that &ldquo;For both investors and owner-occupiers, names like this attached to any development are a unique selling point. Nine Elms has transformed from its industrial past and is fast becoming a thriving neighbourhood as residents and businesses take occupation starting to create a community. I am looking forward to seeing how the plans for new green spaces, walkways and public squares take shape as the regeneration continues, linking the individual developments together and attracting new interest in this rapidly changing location&rdquo;.As part and parcel of this regeneration Nine Elms will soon witness the arrival of new health facilities, schools and green spaces. Inspired by New York&rsquo;s High Line, Linear Park will run from Battersea Power Station to Vauxhall Bridge and feature a new pedestrian and cycle path. Plans are also in place for the creation of the New Thames Bridge which will link Nine Elms with Pimlico, improving pedestrian access to Westminster. The Northern line tube extension from Kennington to Nine Elms and Battersea Power station (set to complete in 2021) will ensure speedy connectivity to central London. Once complete, TFL anticipates that journeys to the West End and City, in some cases, will take less than 15 minutes.In addition to the appearance of new green spaces, the nearby Battersea Park comprises of 200 acres of green space with views over the Thames and is home to the lakeside&nbsp;<a href="https://pumphousegallery.org.uk/" target="_blank">Pump House Gallery</a>&nbsp;and&nbsp;<a href="https://www.batterseaparkzoo.co.uk/" target="_blank">Children&rsquo;s Zoo</a>&nbsp;with residents including lemurs, meerkats and pygmy goats. Exhausted parents can take refuge at the&nbsp;<a href="https://www.peartreecafe.co.uk/" target="_blank">Pear Tree Caf&eacute;</a>, which serves up pancakes and turmeric lattes. Choose from a selection of good schools in the area, including Newton Preparatory School, Heathbrook Primary School and St George&rsquo;s CoE Primary School (rated outstanding by Ofsted).Nine Elms is currently establishing itself as an exciting food culture destination. Restaurants and bars in Nine Elms are plentiful, including&nbsp;<a href="https://www.vagabondwines.co.uk/" target="_blank">Vagabond</a>&nbsp;wine bar, London seafood experts&nbsp;<a href="https://thewrightbrothers.co.uk/restaurant/battersea/" target="_blank">Wright Brothers</a>, Francesco Mazzei&rsquo;s&nbsp;<a href="https://www.fiume-restaurant.co.uk/" target="_blank">Fiume</a>, and&nbsp;<a href="https://batterseapowerstation.co.uk/eat-drink-leisure/retailer/mother" target="_blank">Mother</a>&nbsp;whose trademark sourdough pizzas and Scandinavian simplicity are a winning combination. Every Saturday Battersea Power station&rsquo;s new River Walk Market brings independent food producers and live musicians to Circus West Village. The recent opening of the &lsquo;The Food Exchange&rsquo;, a co-working hub for food start-ups within the&nbsp;<a href="https://www.newcoventgardenmarket.com/fruit-veg?campaign=979743795&amp;content=250905300855&amp;keyword=new%20covent%20garden%20market%20fruit&amp;gclid=Cj0KCQjwjrvpBRC0ARIsAFrFuV9IEszhH03-jjy0ES9xQ7AOMe681P8dQXXmZ8mVZ5YqxLHOAHmBjLMaArhZEALw_wcB" target="_blank">New Covent Garden Market</a>, will witness the most sought-after chefs, food entrepreneurs and innovators host regular exhibitions, talks, tastings and supper clubs, contributing to the area&rsquo;s food scene.&ldquo;Prices in the Nine Elms area are expected to rise strongly if a positive Brexit resolution can be reached later this year&rdquo; according to Research Director Neil Chegwidden. He adds &ldquo;Price growth and rental growth will be further boosted when the two new Northern Line stations open.&nbsp; With more than 7,000 units in the planning pipeline, and the area has further to evolve and grow over the next decade and its vibrancy will escalate further, leading to even greater residential demand from owner-occupiers, investors and renters.&rsquo; Dan Turner, Nine Elms Lettings manager explains that from a rental perspective Nine Elms is proving popular with &ldquo;young professionals who appreciate a quick commute and the nightlife in nearby Clapham and Brixton.&rdquo; With the move of Apple and other major international organisations, Nine Elms faces the prospect of an arrival of corporate tenants too, &ldquo;For landlords, corporate tenants are a safe option as non-payment of rent is unlikely&rdquo; comments Dan Turner. &ldquo;The core lettings market here ranges from &pound;450/pw to &pound;700/pw, with many listed homes located in key developments including&nbsp;<a href="http://residential.jll.co.uk/property-search/development?t=d&amp;id=a0O1I000001JvdoUAC" target="_self">The Residence</a>,&nbsp;<a href="http://residential.jll.co.uk/property-search/property-search-results?q=r&amp;stype=r&amp;location=riverlight" target="_self">Riverlight</a>&nbsp;and&nbsp;<a href="http://residential.jll.co.uk/princeofwalesdrive" target="_self">Prince of Wales Drive</a>.&rdquo; Kyle Spence, Sales Director, comments &ldquo;Properties in Nine Elms are becoming increasingly popular as the area develops. Instead of national developers such as Berkeley, Taylor Wimpey and Bellway all offering different propositions in the area, the appeal of Nine Elms is far-reaching as they satisfy all demographics for both domestic and overseas investors.&rdquo;<a href="http://residential.jll.co.uk/property-search/property-search-results?q=r&amp;stype=B&amp;location=Nine%20Elms&amp;sold=0&amp;page=3">View properties</a>&nbsp;<a href="http://residential.jll.co.uk/contact-us/offices/london-nine-elms-estate-agents#OfficeTabsControl">Local Office</a>&nbsp;<a href="http://residential.jll.co.uk/insights/research/nine-elms-vauxhall-report">Latest Report</a>

London Neighbourhood Watch: Nine Elms

A guide to the property market in Nine Elms and living in this South London Neighbourhood

<a href="http://residential.jll.co.uk/property-search/property-search-results?q=r&amp;stype=B&amp;location=Nine%20Elms&amp;sold=0&amp;page=3"></a>A guide to the property market in Nine Elms and living in this South London Neighbourhood.<a href="http://residential.jll.co.uk/insights/research/nine-elms-vauxhall-report"></a>

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PRIVACY NOTICE
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