Property to Rent in Kensington - Letting Agent Insights

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Giles Barrett, Head of Knight Frank Kensington Lettings gives us his opinion on why people are drawn to Kensington and Chelsea, the impact of the Olympic summer and the outlook for the market over the next six months.

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Property to Rent in Kensington - Letting Agent Insights

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Louise O’Driscoll, Lettings Manager for Knight Frank’s St John’s Wood office, discusses the benefits of living in the area, where tenants come from, what property types are most in demand, and how the market is likely to perform in the coming months. St John’s Wood is a popular area where families and young professionals reside. It has become more cosmopolitan over the years and is particularly popular with tenants from America and Japan, as well as international students studying at the London Business School. The American School of London (ASL) in Waverley Place, which is in the top ten in the area, is a significant attraction for families and more are choosing to relocate here for this reason. St John’s Wood is a magnet for cricket and music fans – Lords Cricket Ground is on the doorstep, as is the world-renowned Abbey Road Studios and the nostalgia that surrounds it, where thousands of visitors have “walked the walk” across the crossing and paid tribute to The Beatles on the outside walls. The area benefits from fantastic transport links including the Jubilee Line (underground) and plenty of buses. Those seeking sport and leisure facilities have the wonderful open spaces of Regent’s Park and Primrose Hill, from which you have the most spectacular views over London. http://www.knightfrank.co.uk/contact/st-johns-wood-estate-agents/

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Welcome to the 2009 edition of The Wealth Report, the third such collaboration between Knight Frank and Citi Private Bank. Over the past 12 months the economic outlook has become even more uncertain. Most of the developed world is now in recession, and even the emerging economies have been forced to pause for breath. Every commentator accepts 2009 will be tough. Our Attitudes Survey (page 12) indicates clearly that HNWIs will look to protect their wealth from the ravages of the downturn with an emphasis firmly on security and transparency rather than risk. The tangible nature of property means it is well placed to benefit from this shift in emphasis, and there are signs that some mature prime property markets, such as London and New York, have readjusted to price levels that offer good value for purchasers. For some emerging markets, the rollercoaster ride looks set to continue. A full analysis of prime global markets is included on page 26, and we recommend 10 locations and sectors that offer potential for growth on page 23. As property is just one aspect of wealth, we have expanded the scope of The Wealth Report by including an investigation into the performance of alternative assets, from art and cars to wine (page 36), and an assessment of the state of the philanthropy sector (page 16). Influential thinkers, such as Alain de Botton (page 20), also share their views on how the world will adjust to life post credit crunch. We hope you enjoy reading the report.

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Caro Point Is Named After The English Master Of Contemporary Sculpture, Sir Anthony Caro. This striking building’s stone fins stretch skywards, connected by rows of glass panels. Each panel has been crafted so that a waterfall of reflections, created by the day’s shifting patterns of light, tumbles down the façade into the waters at the building’s feet. The pinnacle of Grosvenor Waterside, Caro Point is crowned by a sculpted weather vane, rotating within the tallest stone fin. Grosvenor Waterside is next to the River Thames, with Sloane Square around the corner and exclusive Knightsbridge and Belgravia only minutes away. Nearby, the proposed luxury development of the former Chelsea Barracks site, just across Ebury Bridge Road, will create an upscale new residential neighbourhood that will seamlessly link Grosvenor Waterside to Chelsea and Belgravia. To live in Caro Point is to reside within a crafted, contemporary and sophisticated community.

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Stanmore has a new residential neighbourhood, distinctly different in every aspect. It is St Edward Homes’ Stanmore Place, delivering all you could desire in terms of choice, quality, location and contemporary design, taking home ownership to an exciting new level. Choose from an unrivalled range of 1, 2 and 3 bed apartments, all stunning examples of magnificent modern architecture. With a setting that includes landscaped spaces, water features, professionally managed amenities and proximity to excellent transport connections, Stanmore Place is the only place you will want your new home to be.

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Royal Arsenal Riverside is set in one of London’s most up-and-coming areas, with vibrant Canary Wharf, elegant Greenwich and the pulsating heart of the City all connected by the river’s ebb and flow. Superb transport links, proximity to some of the Capital’s most iconic landmarks and an ever- growing list of on-site amenities ensure that Royal Arsenal Riverside at London SE18 is one of the City’s most exhilarating waterfront communities. With cutting-edge architecture and cherished listed building stock co-existing, Royal Arsenal Riverside harnesses the heritage and strategic location of what was once the country’s most important military manufacturing centre. The result is an eclectic collection of generous contemporary homes, all boasting an inherent sense of history and 21st century connectivity.

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Marconi House is an architectural masterpiece within the Strand Conservation Area, providing 79 magnificent luxury apartments and penthouses with hotel services created within an imposing Grade II Listed building. Marconi House has everything you would expect and more, every finite and exacting detail. From individually engineered kitchens to bespoke stone finishes, from in-wall bath TV's throughout to apartments featuring state of the art Smart Home Guide Entertainment Systems - Marconi House is the all encompassing lifestyle opportunity where specification is absolute. Residents facilities are planned to include: Over 2000 sqft reception, lounge and foyer. 24 hour concierge desk. Secure car parking (limited and subject to additional cost). Use of hotel restaurant and lounge bars. Use of hotel Level 10 Lounge and Sky Bar. Use of spa and fitness suite. Use of hotel room service.

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De Laszlo House is named after Philip de László, a celebrity Royal portrait artist, who lived here from 1921 to 1937. Modernized by award-winning Dandi Living, de Laszlo House has 18 magnificent newly built two, three and four-bedroom residences, providing an abundance of lateral space up to 3,060sqft in size, located behind the Arts & Crafts style façade of what were originally three grand Victorian villas, now unified within a single seamless development.

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