Alexa Peters, Associate Director Savills Residential Development Sales, introduces a rare find in SW6.
Fulham remains an interesting market in terms of new homes supply. When compared to wider south west London, which has seen good levels of new build homes coming to the market, in Fulham, this type of property is a rarity.
Although there is a good amount of new build apartments on the riverfront, the areas set back from the water have not seen as much development. So when new homes do become available, they attract a lot of interest.
The Fulham market generally appeals to a mixture of young professionals and families, although properties on the river tend to also attract down-sizers looking for lock-up-and-leave homes. Families move here for the well-proportioned houses and proximity to good schools, green spaces and the village-feel that the Fulham and its surrounds affords. For young professionals, the excellent commutability into London from Putney, Fulham and nearby Hammersmith appeals, as does the vast array of trendy bars and restaurants.
Buyers here are discerning and are looking for good value and only ‘best in class’ properties will tempt them.
One development helping to bring high specification homes to the area is Bishops Gate, an intimate new development of one to three bedroom apartments and four bedroom townhouses, which offers an oasis of calm from the busy city.
Set behind a pair of meticulously restored historic gatehouses on Fulham High Street, the boutique development also has off street parking, with every car space having an electric charging point.
We have had enquiries from both domestic and international buyers, including young professionals, and down-sizers attracted by the apartments, while families and locals who weren’t considering moving are drawn here by the opportunity of a new-build townhouse.
That said, interest has also come from wider south west London and beyond because of the rarity and calibre of these homes.
Read more about this luxury property on page 44 of London Property South Magazine