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Borough of Kensington and Chelsea
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Tony Benn MP has put his weight behind a campaign to stop Kensington & Chelsea council selling off Holland Park School's playing fields to developers (who plan, apparently, to knock up a bit of luxury housing). The school's being rebuilt, and the council's looking to raise cash. Benn - who sent his own children to the school, and whose wife was chair of the governors - clearly has an emotional attachment to the institution.... the first purpose-built comprehensive in London. More here.
Technorati Tags: London, property, real estate |
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Apparently, there's this thing, where somebody sells a house to somebody else who buys it. Used to happen a lot. Here's one for sale. It's a three-bedroom end-of-row on Portobello Road, and it comes complete with a gallery space on the ground and lower ground floors. The space could be rented out, kept, or even converted. But the house is more interesting than that. Designed by Meadowcroft Griffin in 2004, it won a Conservation Commendation at the 2006 RIBAs, and it's bold inside and out, with the "good light" distributed throughout, rather than reserved for the gallery spaces. It's with The Modern House Estate Agents, with a guide price of £2.25m.
 
Technorati Tags: architecture, London, property, real estate |
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Buying agent Robert Bailey says: "The hoteliers are now selling their backpacker hostels to rich bankers who are, of course, converting them back into luxury homes. The hoteliers have been very canny, selling at the peak of the market - it will be interesting to see how developers who buy them fare.
The Telegraph revisits the Bayswater revival and finds "London's worst-kept secret". With the Lancasters due for completion this year, a glut of press coverage ever since Tony Blair's purchase(s), and the market doing what the market's doing, is there any value left in W2?
The Lancasters - some prices revealed (January 17, 2008]
Hookahs, hookers and Tony Blair get lucky... it's Bayswater time [November 19, 2007]
Technorati Tags: London, property, real estate |
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Rumours are surfacing that Lakshmi Mittal has bought another gaff in Kensington Palace Gardens, this time for his son Aditya. The property was on the market for £117m. Mittal's apparently denying all knowledge of the deal. We'll come back with confirmation should we find it.
Technorati Tags: London, property, real estate |
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We're talking about Lord Cadogan, the toff previously known as Viscount Chelsea, one of SW3's premier landowners, who according to this, just earned a much needed £30m in dividends from the Cadogan Group.
Technorati Tags: London, property, real estate |
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No, not Kevin Rowland, Kelly Rowland - one of the other ones in Destiny's Child and a different prospect all together. Apparently, she was seen at Mamilanji on Saturday night, where she tested the piano and a DJ pal tested the decks. All were in order, and so she's now testing property in Chelsea. Estate agents... scramble!
Technorati Tags: celebrity, London, property, real estate |
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The Independent gets a look inside an interesting Finchatton [warning, classical muzak] development in Eaton Square. It's a mixture of Victorian grandeur and very 21st Century glass-and-metal modernism... manifest in a giant rear extension and basement (housing cinema, swimming pool, and bedrooms for staff and security). What I don't understand is exactly how a Grade II-listed property (with historical importance... it was formerly the home of Lord Napier... although he couldn't have spent much time there) got the nod for such a radical extension. It's hard to imagine how the character of the building isn't altered by attaching what looks like a space ship to it. There are pictures here.
Technorati Tags: architecture, London, property, real estate |
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Chelsea football club owner Roman Abramovich has submitted plans to build an eight-bedroom palace in Knightsbridge. It would stretch across eight stories, joining to Lowndes Square townhouses... which Abramovich has gradually bought up, apartment-by-apartment, since the late 1990s. If it goes ahead, it's likely to become the UK's most expensive residential property, with a value of around £150m.
Technorati Tags: celebrity, London, property, real estate |
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The Evening Standard reports on falling asking prices here and there across the capital, including many of the top postcodes. According to Rightmove figures:
Average asking prices in Kensington and Chelsea have fallen £33,000 to £1,458,558 - down more than 2.2 per cent between March and April.
Oddly, though, asking prices rose (by 3.8%) in Hackney.
Technorati Tags: property, real estate |
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