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What does Knightsbridge mean to you? Harrods? Harvey Nicks? Christmas shopping? Or, perhaps, somewhere which has the finest, most upmarket new developments, where you can live in luxury in one of the best locations in town?
Recently, it has certainly been the latter which is bringing the area to the notice of not only UK property purchasers, but international ones too. People might think that Knightsbridge is synonymous with shopping, but it is also home to a number of exceptionally highly specified developments which high net worth purchasers with homes in Manhattan and Monaco would be pleased to add to their collection.
"10 to 15 years ago you wouldn't have put Knightsbridge on the top of the list as a prime residential location" says Ed Lewis of FPDSavills, who is marketing The Knightsbridge, the smartest kid on the block, with service to match. 26 staff trained by Hyatt International will be in situ to look after the residents of any of the 203 apartments - whether they want flowers in their room before they jet in from the Bahamas, tickets to the Shanghai Grand Prix or a chef to prepare a dinner party for twelve.
"It was primarily a shopping/commercial destination. Now, residential property has taken over and exceeds everything else" he says. At The Knightsbridge, which comprises two new buildings of glass and terracotta opposite Hyde Park, there are spacious hallways, fabulous kitchens with six ring hobs and brushed aluminium cupboard doors, solid oak floors, wiring for all the toys, air conditioning and under floor heating in the bathrooms.
"Knightsbridge is seeing this sudden splurge of development because so many 1960's and 1970's commercial buildings have become vacant. And as the market has steadily improved over the last few years, it is now financially viable for these to be developed for the residential market" says Charlie Willis of Strutt & Parker.
All this high calibre residential development should help to buoy up prices of period properties up for re-sale, especially around Trevor Square. Here the Grade II listed former Harrods Depository building has been converted by Crown Dilmun into 39 large flats and four houses and has transformed the location. And the developer has also had to re-instate the railings around the square.
"There were huge lorries coming and going at all times of the night, which was a nightmare" from Carol Seymour-Newton of the Knightsbridge Association. "The development must improve prices, if not desirability, of the houses at that end of the square".
However, she reckons that the amount of development is a bit of a two edged sword. "With everyone being entitled to residents parking, it will put quite a pressure on parking places in the area, but it must be good news for the retailers. We have been pleased to see a lot of the 1960's buildings go, although I'm not sure the new buildings are as exciting as they could be".
Other developments in the pipeline include the site behind The Knightsbridge on the corner of Lancelot Place where 70 apartments will be built, and the 1950's Bowater House which towers over the road into Hyde Park. This is up for planning permission and it is thought will probably be turned into residential apartments.
On top of this, the Cadogan Estate is selling off £25,425 million of freehold property. Most of this is up for refurbishment and in some of the most desirable streets in the area.
view the 10 most recently added properties for sale in Knightsbridge
2 bedrooms flat in Thurloe Square, London SW7 - Asking price of £1,350,000
In the centre of the Southern terrace and overlooking the wonderful garden square a newly modernized two bed two bath ground and first floor flat with a large balcony. The flat features a high...... view full details
2 bedrooms flat in Chesham Street, London, SW1X - Subject to contract £1,295,000
Requiring modernisation, this is a splendid two bedroom, two bathroom ground floor maisonette in a fantastic Belgravia location.... view full details
2 bedrooms flat in London - Asking price of €2,190,000
... view full details
3 bedrooms flat in Eaton Place, Belgravia, London - Asking price of £2,200,000
With its entrance on the second floor, this is a very light, spacious, and well arranged apartment on the third and fourth floors of a fine period building.Eaton Place is between Eaton Square...... view full details
3 bedrooms house in Manson Mews, South Kensington, SW7 - Asking price of £845,000
This fantastic three bedroomed house offers great accommodation with good proportions, en suite facilities, a fabulous reception room and a great location on a lovely mews street.... view full details
2 bedrooms flat in Hans Crescent, London, SW1X - Subject to contract £1,750,000
In an immaculate part mock-Tudor building, this is a well-proportioned apartment of approximately 926 sq. ft. in this sought after location just a stone’s throw from Harrods. Two Bedrooms, Two...... view full details
2 bedrooms house in Bowland Yard, London, SW1X - Subject to contract £1,875,000
An enchanting two double bedroom mews house in the heart of Belgravia, laid out over three floors and occupying a wonderful position. Grand Reception Room, Master Bedroom With En-Suite, Further...... view full details
5 bedrooms house in Gloucester Road, London, SW7 - Subject to contract £6,250,000
Flooded by an extraordinary amount of natural light, this entirely unique house, arranged over just two levels, won a RIBA award for excellence, in 2008.Five Bedrooms, Five Baths, Decked Terrace,...... view full details
3 bedrooms house in Queens Gate Mews, South Kensington, London,Central London - Asking price of £2,500,000
Luxury three bed three bath mews house in South Kensington, this property is refurbished to a high standard. more information to follow call now to book your viewing... view full details
