Why moving to a new development was the best decision I have ever made?
Mike Knowles, Associate Director for our Covent Garden office, comments on the various benefits of living in new development after recently moving into one a few months ago.
In August this year, I moved house for the first time in 6 years. Aside from needing a larger place to live I wanted to experience what living in a new development felt like. For me, like millions of other Londoners, location was always most important and I was less fussed about the property itself so long as it was near the tube so I could get to work in under 35 minutes door to door.
I have been lucky enough to deal with a massive number of developments over the years, spread all over the capital, and living in a new build property always appealed to me but I was never tempted to actually take the plunge until this year. Over the years, developments have gone from strength to strength in terms of build quality, technology, and significant advances in construction. Whilst constraints on land have remained tight meaning that we are seeing more high-rise towers popping up on London’s skyline in recent years. In particular, the demand for on-site amenities has greatly increased and is now relatively common for developments to come with gyms, swimming pools, concierges and underground parking for the residents. Developers have listened to the demands of the time-poor and are now offering these luxuries to residents which have improved the “pull” of living in a new build property.
One such area where there are a plethora of developments, which has always remained close to my heart is Nine Elms, a road which runs from Battersea to Vauxhall. Battersea Park has long since been a favourite of mine since working in the area years ago and the iconic Battersea power station has always intrigued me. I’m delighted to see the massive regeneration of the power station itself and the area around it and I’m sure it will be a spectacular place to live, work and shop once completed. Vauxhall has also gone through a lot of changes and there is still more to come. I remember working on St George’s Wharf when it was newly completed and since then the Tower has been constructed and dominates the Vauxhall skyline as one of the tallest residential buildings in the area.
Quoting the Covent Garden Market Authority: “Nine Elms is the greatest transformational story at the heart of the world’s greatest city. It is one of the largest regeneration projects in Europe creating an area that will become an ultra-modern, exciting destination in Central London offering 20,000 new homes, 25,000 new jobs, new school, parks, culture and the arts. At its heart it has three iconic attractions; a regenerated Battersea Power Station, the new United States Embassy and New Covent Garden Market. It will also include almost 3km of Thames river frontage, lined with cafés, bars, restaurants, cultural attractions and public space. A £1billion transport improvement package will make Nine Elms on the South Bank as well connected as the rest of Central London. Two new Northern line stations will create fast, direct links to the West End, City and North London and there will also be a new Thames Clipper service from a new River Bus pier at Battersea Power Station from 2017 and additional bus services."
I had finally found an area to move to which excited me, which was not only able to offer me even better transport links than I had before, but also the chance to move into a district with incredible regeneration going on to make it one of London’s best destinations. Immediately Embassy Gardens stood out to me – developed by Ballymore and still with the majority of the development under construction – it already had excellent amenities whilst boasting a fantastic build quality throughout. We saw four apartments, all with differing views and in different shapes and sizes before settling on an apartment on the 11th floor with views up the Thames to the London Eye and Big Ben as well as the City. The stunning new American Embassy is also in my view.
Now I’ve lived there for a few months, I am delighted with my decision. The view and the location for transport are both great but the on-site amenities are what make the difference to me. I have use of a massive gym with all of the latest equipment and machines, a swimming pool with a sauna and steam room, a cinema room which shows a film nightly and is available for private hire, valet parking, an up-market supermarket on site, three lounges for residents with satellite TV, a business centre and a 24 hour concierge. I feel like I live in a community with everything literally on my doorstep and now I am wondering why I didn’t move into a new development sooner!
Mike rented his property through our new lettings office in Battersea and Nine Elms. If you would like to find our more information, please contact a member of the team on 020 3257 6565.