Affordable Homes With Park Views
Many home buyers dream of having a view of one of London’s parks, with the most well known prime parks in or close to Prime Central London (PCL) arguably being Hyde Park, Green Park, Regent’s Park, Holland Park and St James’s Park…
Properties around and/ or close to these parks are part of prime London.
They are sought after…
They are certainly expensive…
They are hard to find…
At the end of the day, a park view is still a park view!
People often forget this fact…
So, what would be my top 3 recommendations for home buyers looking for a park view away from the prices of PCL?
Greenwich Park, Greenwich
Battersea Park, Battersea
Victoria Park, Hackney
“A direct view of Hyde Park or Regent’s Park can typically add anywhere between a 20% to 40% premium in terms of the asking price of a home in comparison to one without a direct park view.”
What can you buy in Greenwich, Battersea and Petersham, with a view of the park?
Greenwich Park
£1,495,000: 3 bedroom detached period cottage with a private wrap around garden and views directly over Greenwich Park.
Battersea Park
£925,000: 2 bedroom flat with a private balcony and views directly over Battersea Park.
Victoria Park
£425,000: 1 bedroom flat with private off-street parking and views directly over Victoria Park.
A direct view of Hyde Park or Regent’s Park can typically add anywhere between a 20% to 40% premium in terms of the asking price of a home in comparison to one without a direct park view.
For parks such as Greenwich Park, Battersea Park and Victoria Park, a direct view could add anywhere between a 7% - 15% premium in terms of the asking price of a home in comparison to one without a direct park view, as well as the property being a LOT cheaper (both in terms of price and price/ sq ft) than what the equivalent would be next to one of the parks in PCL.
What are some of the pros of living next to or near to one of London’s parks?
Cleaner Air
Yes, seriously!
Trees help to absorb carbon dioxide, converting it into oxygen.
Community
Living near to a popular London park will mean that you will regularly bump into other locals and local families.
This can be a superb way of making new friends when moving to a new area and to really embed yourself within your new community.
Wildlife
It may well be an opportunity to see wildlife and to spend time away from the hustle and bustle of living in London.
When people are around wildlife, it has been proven that it helps to reduce people’s stress levels and makes them feel more calm…
A midday walk round your local park on the weekend could do wonders for your stress levels.
Health
Living next to or near to a London park will allow you to run and exercise in wide, open spaces incredibly easily!
Many London parks are host to fitness classes and bootcamps, which means that you can potentially cancel your gym membership and exercise in the outdoors!
Would any of these reasons tempt you to move next to a London park?
If so, would you be tempted by either Greenwich Park, Battersea Park or Victoria Park?