Regent’s Park Residences

By Oliver Burns

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September 14, 2016|Architecture

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  • egent’s Park, an elegant area of London celebrated for its graceful sweep of white stucco terraced homes, boasts a combination of unique benefits which has made this exclusive neighbourhood a highly-sought after place to live. Bordered by the affluent areas of Marylebone, Primrose Hill and St. John’s Wood, properties located in Regent’s Park enjoy both the amenities of the surrounding areas coupled with the peace and seclusion of being on the edge of 400 acres of protected parkland. Comprised of just a handful of exclusive streets, the palatial homes and villas of Regent’s Park command a premium which reflects its exceptional location and distinguished history, with the average apartment valued at £2.5 million upwards.* In this blog, we trace the enduring appeal of Regent’s Park, from its regal beginnings in the Georgian era to its status as a luxury property destination today.
Image via Oliver Burns

Much of the beauty of Regent’s Park and its surrounding properties can be attributed to one individual, the celebrated Georgian architect, John Nash. Appointed by the Prince Regent as ‘Surveyor General of Royal Parks and Chases’ in 1806, Nash enjoyed a successful career fulfilling commissions for the Royal Household. The highlight of his professional life was arguably The Park Crescent; a grand stretch of stucco façade townhouses overlooking the private gardens and park which the Prince Regent declared ‘the jewel in the crown’ of London. This unique location is the backdrop of our latest commission for Amazon Property; Park Crescent 9 & 12, which have already been sold ahead of the official launch. These two duplex apartments have been inspired by the surrounding parkland drawing on the colours and textures found in nature to celebrate the inherent beauty of the area.

Image via Walter Lilly

Regent’s Park is an excellent example of a highly-sought after area that was not traditionally classified as a ‘golden postcode’. However, due to renewed interest in the history of the area and a new-found appreciation for its exceptional location, the area has firmly re-established its position within the super-prime map. We have observed a shift as our clients become increasingly interested in the right product, and are prepared to look outside the traditional golden postcodes to seek out a property which is better suited to their needs. It is no coincidence that the traditional heart of prime central London is based around Hyde Park, Green Park and Holland Park, and therefore it makes sense that this should extend to Regent’s Park as well. Recent research carried out by Knight Frank only serves to reinforce this, revealing that a view into a garden square commands a 10% premium over one without.**

The Constable designed by Oliver Burns for Amazon Property

Owning a residence in Regent’s Park comes with the guarantee that you are sure to be in good company. From the grand townhouses inhabited by the friends and family of the Prince Regent to the various artists, academics and designers today who call this stretch of prime real estate home, Regent’s Park has always attracted a string of distinguished residents. Fashion designer, Tom Ford and contemporary artist Damien Hirst have both recognised the splendour of the area, owning a home on York Terrace and Hanover Terrace respectively. Creatives live side by side with politicians and nobility, with the US Ambassador and the Sultan of Brunei also owning property within the area. In addition, Christian Candy became a resident last year purchasing five Grade I Regency homes for £100 million which he has since combined to create a 15 room giga-mansion spanning 50,000 sq ft. With rental yields and property prices remaining consistently high for decades, it’s not difficult to see why many high-profile residents are recognising the sound long-term investment a property in Regent’s Park offers.

Image via Skyscraper City

This demand for property in Regent’s Park is only set to rise with the arrival of Crossrail in 2018, with stations conveniently situated in nearby Bond Street and Paddington. The desirability of the area is furthered heightened by the impressive array of respected educational institutions on offer. A property within this area is perfectly positioned for access to some of the best independent schools in North West and Central London including Francis Holland school, Devon House Preparatory and Saint Christina’s as well as Regent’s University. Knight Frank’s 2016 Wealth Report clearly outlines the importance of education to UHNWI’s, with 68% of global respondents being prepared to send their children abroad for education and 19% listing education as a reason to buy residential property.**

Image via Oliver Burns

Alongside its proximity to excellent academic institutions, Regent’s Park is also ideally positioned nearby to a wealth of prominent shops, bars and restaurants with both elegant Marylebone and Regent’s Street just a short walk away. In addition to this, residents of Regent’s Park enjoy accessibility to a number of gardens including Queen Mary’s Gardens and other cultural points of interests such as London Zoo and the Open Air Theatre. The status of Regent’s Park is further elevated by playing host each October to the international contemporary art fair, Frieze London, a highly-anticipated event in the capital’s social calendar each year.

Image via Oliver Burns

The appeal of owning a residence in Regent’s Park is not difficult to see; offering an exclusive slice of British history, an unrivalled location in the heart of the city and an exceptional view across one of London’s most spectacular parks. A Regent’s Park address is truly a legacy home to be treasured for years to come.

*The Buying Agents

** Knight Frank ‘The Wealth Report’, 2016

Composed by LE.

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