"We wanted to bring Chelsea south of the river. Our approach here has been no different from what we have done in our developments in Knightsbridge and Kensington," says Julian Mercer, of BMB Property Investment.

The Times looks at an interesting development in Stockwell, that poses all kinds of questions about the old location, location, location truism. With current trends putting interior space at a premium, perhaps it would be a smarter move to take the kind of giant Victorian townhouse you couldn't afford in Chelsea, if you could afford it in Stockwell. And even if it's a new build. What? That's what's interesting about 14-24 Stockwell Park Crescent. They're brand new - but because of strict building regulations - they're (apparently) built to the exact spec as their Victorian neighbours, right down to the iron railings. Inside, they've very Chelsea. Oak and limestone floors, underfloor heating, you get the picture. Plus... lots and lots of space. Read more here. Check out some particulars here.