Buyers Look To Suburbs As London Becomes Unaffordable

As central London property prices become more “unaffordable”, having seen price hikes of 44 per cent since the pre-crash peak in 2007, and with a further seven per cent expected this year according to a recent report from CBRE, more workers and families are looking further afield to the suburbs and Greater London, to get more for their money.

North London estate agent Statons has recently noticed an increase in enquires from people keen to move away from prime Central London. Nick Staton comments: “Over the past couple of weeks we have taken a lot of calls from potential buyers asking about opportunities in North London and the Hertfordshire boarders, where prices are much more realistic. Prices in Central London are becoming increasingly excessive, with Mayfair prices at £3,000 per square feet and up to £6,000 per square feet in Knightsbridge. In North London they are a lot less and people can get more for their money, without necessarily comprising on quality and specification.”

Nick continues: “We have just launched a super prime, very exclusive collection of apartments in Hadley Wood – Renaissance has the finish, specification and luxury of a Mayfair home, but at North London prices, just £1,000 per square feet.”

Recently launched with a stunning new show apartment, Renaissance by leading Hertfordshire developer, Heronslea Group, is a collection of just eight exclusive three-bedroom apartments set within private, gated grounds offering the best of village life, with all cosmopolitan benefits of London within easy reach.

Providing luxury lateral living in one of North London’s most exclusive neighbourhoods, Renaissance has been built to an extremely high specification with each carefully crafted home providing generously proportioned contemporary interiors, and benefiting from beautiful landscaped gardens and private terraces.

Featuring a spectacular galleried entrance with hotel style concierge service, Renaissance is ideally located close to a range of amenities and transport links and provides a high level of security with electronic gated entrance, secure basement parking plus ample visitor spaces with convenient lift access to all homes, video entry and alarm systems and CCTV throughout.

Shelley West, Sales and Marketing Director of Heronslea Group adds: “Offering some of the largest lateral apartments in the area, Renaissance boasts a truly luxurious look and feel and sits perfectly amongst the grand homes in the area. Each home has been built using the highest quality and finest design.”

For those looking to downsize these exceptionally grand apartments with generously proportioned rooms benefit from exquisite interior design providing the perfect entertaining space. Apartments are situated across three floors ranging in size from 1990 sq ft to 2743 sq ft and feature the finest designer eat-in kitchens, breakfast rooms and separate utility rooms, spacious living areas with plenty of room for relaxing, three bedrooms with luxurious en-suite bathrooms and/or powder rooms all benefiting from unrivalled specification throughout and cutting-edge home entertainment systems.

Loved by its residents Hadley Wood is a highly sought-after area surrounded by parks and greenbelt, with excellent transport links and amenities. The development is close to Hadley Wood Village with its shops, restaurants, pubs and boutiques. Leisure facilities include the Alister Mackenzie designed course at Hadley Wood Golf Club, Hadley Wood Tennis Club and Trent Park with its 800 acres of parkland.

Renaissance is just a 10 minute walk to Cockfosters Underground Station with the Piccadilly Line providing direct links into Leicester Square within 36 minutes, alternatively Hadley Wood Overground station has routes into Moorgate in 35 minutes. By road the development is a short distance from the A1, M1 and M25.

Prices start from £1.95 million. The show apartment is open Thursday to Monday from 10am – 5pm. Call 0203 327 0298 or email sales@renaissanceapartments.net. Alternatively contact the selling agents Statons on 0208 441 9555 / newhomes@statons.com or visit www.heronslea-group.co.uk.

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