By John Alcorn
Hyde Park: at London’s heart
There are few places in London more central than Hyde Park. As a location it is a short stroll from Oxford Street, Knightsbridge, Berkeley Square, Mayfair, Marylebone and the fantastic museums off Cromwell Road in Kensington. The beautiful streets, enclaves and mews attract an international clientele drawn in by the close proximity to London’s social, business and retail centres of excellence. Hyde Park’s setting means it never falls out of favour, earning it a reputation as a ‘safe haven’ for buyers or investors looking for sound long-term prospects.
A Royal Park of the highest order
The park itself is one of eight parks with Royal status. Spanning over 350 acres and home to famous landmarks such as Speakers’ Corner, the Serpentine Lake and the Diana, Princess of Wales Memorial Fountain, it is one of London’s most visited attractions. The park fell into Royal hands in 1536, when Henry VIII acquired the land from the monks of Westminster Abbey. Over the years it has witnessed scenes of jubilation, contemplation and protest, and it remains a focal point for activity today. From the Serpentine art gallery to the rock concerts that fill the park with sound during the summer months, the park is a social whirl throughout the year.
Property for sale or to rent
Choosing to live in Hyde Park is not for the faint-hearted. Its central location and world-recognised address carries with it a premium, and it’s quite normal for even the smallest of properties to fetch in excess of £1million. What more could you expect when Harrods is your corner shop?
Hyde Park neighbourhoods, such as Connaught Village, Bayswater, Lancaster Gate and Westbourne Grove, are awash with prime, and sometimes palatial, residences that have always found favour with the jet set. It was a somewhat discreet property market quietly minding its own business until One Hyde Park, with its 86 residences starting from around £20 million, burst onto the London real estate scene. It brought with it the head-turning hallmark style of developers Candy & Candy and ensured that Hype Park competed with the world’s most enviable addresses. Those properties for sale and to rent enjoy park views and understandably command upper tier values, as do top floor apartments and penthouse that boast the most stunning views across Central London.
Hyde Park estate agents say the most favoured property for sale in Hyde Park is a sprawling apartment in one of the immaculate white stucco-fronted buildings found at The Lancasters, Lancaster Gate, Lancaster Parkside and Hyde Park Square. Set over numerous floors and often with staff quarters and leisure complexes, these homes offer utmost luxury combined with high levels of security. Also in demand are the Grade II listed Georgian townhouses in Connaught Square and the loft-style converted mews in Bayswater.
If you decide to consider Hyde Park when buying a new home or finding a property to rent closer to the City, remember there are local estate agents specialising in smaller areas of West London who can advise on the best addresses to look for and help you find the right property for your requirements.
John Alcorn is a Central London property advisor, writing about the latest news on property for sale in Hyde Park, Regent’s Park, Marylebone and the NW1, by researching the latest property market trends with leading estate agents in Central London and North West London.
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