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RESIDENTIAL DEVELOPMENT COLLECTION Spring 2017 Cover and inside cover: London Dock, E1 Contents Feature Central Collection An overview of the London property market 4 26. The Mansion 35 Barnet 27. South Bank Tower 36 South West Collection 28. Hampstead Manor 37 01. Queen’s Wharf 7 29. Ebury Place 38 02. Emerald Gardens 8 30. One Blackfriars 39 03. Nine Elms Point 9 04. 300 Vauxhall Bridge Road 10 The City Collection 05. Fulham Riverside 12 31. London Dock 41 06. One Nine Elms 13 32. The Stage 42 Brent 33. 250 City Road 43 West End Collection 34. One Crown Place 44 07. Centre Point Residences 15 08. Artisan 16 East Collection 09. Aldwych Chambers 18 35. Carpenters Wharf 47 10. Soho 13 19 36. Spire London 48 11. The Pathé Building 20 37. Precision 49 12. 19-20 Poland Street 20 38. London City Island 50 13. The Colyer 21 Ealing 14. Wardour Lofts 22 Contact us 52 15. The Sherwood 24 16. Princes House 24 Hammersmith 17. The Fitzbourne 25 & Fulham 18. 3-4 Great Marlborough Street 26 19. Pinks Mews 27 01 20. 58-59 Margaret Street 28 21. 64 Lincoln’s Inn Fields 29 22. Lincoln Square 30 02 23. Langdale Place 31 24. The Charles 32 25. Bedford House 33 Richmond upon Thames Enfield Waltham Forest Hackney Camden Islington 28 35 33 Newham 32 17 Tower Hamlets 23 12 22 34 18 08 10 19 07 26 15 14 16 21 09 The City 38 11 13 20 City of 31 Westminster 24 25 27 30 36 04 Kensington 29 37 & Chelsea 06 03 Southwark 05 Lambeth Wandsworth Lewisham cbreresidential.com/uk CBRE Residential 6–7 4London Feature: living An 2016overview of the London property market While best known internationally as a ensuringand the cranes an ever-evolving on its horizon skyline. ensuring It is AnLondon overview leading financial centre, London also homean ever-evolving to 8.8 million skyline. people, It is 37% home of whomto London has strengths in the arts, commerce, were8.8 million born overseas.people, 37% The of population whom were is overall Average house price of the London education, entertainment, fashion, forecastborn overseas. to increase The populationby 12% over is theforecast to propertyLondon is one market of the healthcare, media, professional services, nextincrease decade. by 12% over the next decade. £470,025 world’s most vibrant and research and development, and tourism. In addition, its 40 universities form the InIn turn,turn, London’sLondon’s supplysupply ofof housinghousing Londoninfluential is one epicentres: of the largest concentration of higher education continues to be heavily outweighed by world’slarge, exciting most vibrant and and institutes in Europe, and more than 300 demand. This combination of vibrance, languages are spoken across its diverse industryindustry andand anan ever-expandingever-expanding populationpopulation House price growth influentialcosmopolitan. epicentres: With a range of communities and cultures. has resulted in London’sLondon consistently consistently robust over last decade large,history exciting spanning and back robustresidential residential market. market. Having Having rebounded post reboundedglobal financial post crisis global far financial quicker crisisthan manyfar % cosmopolitan.2,000 years, London With a has Average house price quickerother markets, than many today other average markets, house today prices 91 historycontinued spanning to blossom back averagein the capital house are prices £470,025. in the Thiscapital reflects are 2,000strength years, to strength. London has £470,025.growth of 15%This reflectsover the growth last year. of 15%Average over £470,025 therents last are year. among Average the highest rents are across among the the continued to blossom from £470,025 highestglobe at across £2,129 the pcm. globe at £2,129 pcm. Despite originally being only the size House price growth strength to strength. ofDespite Hyde originallyPark, these being days only London the size sprawls However, these broad averages mask over last year acrossof Hyde more Park, than these 600 days square London miles, sprawls with wide price discrepancies between theacross River more Thames than running600 square through miles, its with individualindividual boroughs.boroughs. In this report we 15% centrethe River and Thames the cranes running on its through horizon its centre examine these differences. Share of owner Share of private occupiers rental sector Off plan sales 49% 28% 64% Average rent Rental growth over % £2,129 pcm last year 4 Population growth Current population over next decade Average age 8.83m 12% 36.1 Employment Average salary 72.9% £43,154 334 229 72 Underground/ Railway DLR/Tramlink overground stations stations stations CBRE Residential 6–7 London living 2016 5 While best known internationally as a and the cranes on its horizon ensuring London leading financial centre, London also an ever-evolving skyline. It is home to London has strengths in the arts, commerce, 8.8 million people, 37% of whom were overall Average house price education, entertainment, fashion, born overseas. The population is forecast to London is one of the healthcare, media, professional services, increase by 12% over the next decade. £470,025 world’s most vibrant and research and development, and tourism. In addition, its 40 universities form the In turn, London’s supply of housing influential epicentres: largest concentration of higher education continues to be heavily outweighed by large, exciting and institutes in Europe, and more than 300 demand. This combination of vibrance, languages are spoken across its diverse industry and an ever-expanding population House price growth cosmopolitan. With a range of communities and cultures. has resulted in London consistently robust over last decade history spanning back residential market. Having rebounded post global financial crisis far quicker than many % 2,000 years, London has Average house price other markets, today average house prices 91 continued to blossom in the capital are £470,025. This reflects growth of 15% over the last year. Average strength to strength. rents are among the highest across the £470,025 globe at £2,129 pcm. House price growth Despite originally being only the size However, these broad averages mask over last year of Hyde Park, these days London sprawls wide price discrepancies between across more than 600 square miles, with individual boroughs. In this report we 15% the River Thames running through its centre examine these differences. Share of owner Share of private occupiers rental sector Off plan sales 49% 28% 64% Average rent Rental growth over % £2,129 pcm last year 4 Population growth Current population over next decade Average age 8.83m 12% 36.1 Employment Average salary 72.9% £43,154 334 229 72 Underground/ Railway DLR/Tramlink overground stations stations stations 6 South West Collection South West Collection Queen’s Wharf 7 Emerald Gardens 8 Nine Elms Point 9 300 Vauxhall Bridge Road 10 Fulham Riverside 12 One Nine Elms 13 Vauxhall Bridge 7 Computer generated images for indicative purposes only. Queen’s Wharf, W6 Hammersmith Prices from £1,100,000 KING STREET This is a unique new development on the • 165 unique apartments including studios VER site of the former Riverside Studios, and penthouses HAMMERSMITH FLYO bordering Hammersmith Bridge and the • Direct outlook over the River Thames EVENTIM F U APOLLO L River Thames. With exceptional river • Retaining the famous Riverside Studios H A M frontage, a large number of homes with river within the building P A L views, a unique performing arts space and • A development by Mount Anvil E A G C ID E situated moments from Hammersmith • Completion expected Autumn 2017 RIVER THAMESR R B O H A T C I RI D Underground Station, buyers will fall in love M S S R P R with this one-of-a-kind opportunity. E M O AD M A H [email protected] +44 (0)20 7182 2477 cbreresidential.com/uk 8 South West Collection Computer generated image for indicative purposes only. Emerald Gardens, TW9 THAMES Prices from £440,000 S T R A SO N Emerald Gardens, Bessant Drive is set within Located 0.4 miles from Kew Gardens U D T H D C R a landscaped courtyard in the heart of Kew underground station, Emerald Gardens is I I R V C E K U TW9 and consists of 170 contemporary well located to provide access in to central R L A A P R apartments. The five storey development London as well as for the enjoyment of Kew E R N O R A features one, two and three bedroom village with its wide selection of independent U D O B apartments all with outside space and shops, restaurants and cafés. Y E designated parking as well as benefitting L from 24 hour concierge. • Private balcony with every apartment • 24 hour dedicated concierge team Kew Gardens The apartments have been finished to the • 5,306 sq m of landscaped gardens highest specification featuring fully- • Underground parking with appointed, sleek kitchens, relaxing living every apartment spaces and cosy bedrooms. • First completions from late 2017 [email protected] +44 (0)20 7182 2477 9 Nine Elms Point, SW8 Prices from £850,000 Nine Elms Point is a Zone 1 development in the heart of London’s most exciting new district. Conveniently located next to the future Nine Elms underground station and with Vauxhall station just a five minute walk away, arrive at Oxford Circus in around 8 minutes. • Located next to the proposed new Nine Elms underground station • Residents’ parking will be available • Multi-level gymnasium • Residents’ lounge • Cinema • First release ready for occupation • Second release completion expected summer 2017 Vauxhall RIVER THAMES NE LA S LM E NE NI D A O R H T R T E O E R T W S Y S R R D A P N A W Computer generated image for indicative purposes only.