Open season for Hampstead homes as London’s green spaces prepare for summer rush
- New Four5Two development designed to suit Hampstead buyers’ every whim (Bellis Homes)
- Local market remains strong and steady, despite wider wobbles (Glentree Estates)
- Hampstead homeowners looking to blend access to London with country-style greenery (Bellis Homes)
The lush greenery of Hampstead Heath comes alive at this time of year, with buds on flowers, bushes and trees all adding their scents to the air. It’s also that time of year when Hampstead’s property market springs back into action, with busy season running from April to August, according to local residential property agency Glentree Estates and family-run housebuilder Bellis Homes.
“Hampstead offers a fantastic environment for family life, as it offers the perfect blend of serene, outdoor space and proximity to central London and the West End. The spring and summer months are particularly busy, with professionals and families looking to purchase superior quality homes in this delightful area.”
Henry Fordham, Director, Bellis Homes
The Glentree team reports that properties up to the £1.5 million mark are currently the most sought after in Hampstead. Priced from £1.1 million, Bellis Homes’ new Four5Two development certainly fits the bill. The 13 apartments offer contemporary luxury within walking distance of Hampstead Heath, complete with floor to ceiling windows, high ceilings and balconies for blending outdoor living with warm, spacious interiors.
While the Hampstead market has softened, in line with prices evening out or falling across the capital, demand from residential buyers remains strong, with Glentree pointing out that local purchasers are seeking out homes, rather than investment properties. Local down-sizers, young professionals (both singles and couples) and small families seeking to move into the catchment area of the excellent local schools are driving the market. This means that price drops are rare in the Hampstead area, as demand continues apace.
According to Glentree, buyers are looking for two and three-bedroom apartments set across one floor, with good security and outside access, such as balconies or garden areas. New build homes are particularly popular – hence Bellis Homes’ focus on delivering its exquisitely designed Four4Two development within walking distance of Hampstead Heath and Golders Hill Park. The apartments also feature views over Elm Park from their well-appointed balconies.
“Our market research showed strong demand for two and three-bedroom apartments near the Heath, so we were keen to meet that demand by ensuring that Four5Two had the perfect location. With professionals driving the market, we also wanted to deliver an exceptionally high quality finish that would match the aspirational family lifestyle vibe that is so intrinsic to this area of London.”
Henry Fordham, Director, Bellis Homes
Hampstead buyers are drawn to the latest designs and specifications that new build homes offer, along with the convenience of the Hampstead location for local amenities and easy access to London’s shops, restaurants and theatres. Views over the greenery of local parkland are particularly sought after.
The high specification new build homes at Four5Two are particularly attractive to Hampstead buyers thanks to their fabulously high ceilings, park views, outside access and use of the latest technology throughout, including Miele appliances, fitted wardrobes, comfort cooling and underfloor heating.
The building also boasts an impressive entrance, security and a hotel-style concierge, affording residents the comfort and peace of mind that comes with a luxury lifestyle. Secure underground parking comes with lifts to all floors, which is a real asset in light of the local shortage of parking, let alone underground parking.
Based on their expert, local market information on Hampstead, both Glentree Estates and Bellis Homes are confident in the future of the local property market. Glentree points out that buyers are becoming accustomed to the recent Stamp Duty Land Tax and that demand has remained strong locally.
“Hampstead buyers are looking for high end homes that they can enjoy for years to come, so any slight wobbles in the market don’t hugely phase them. This is particularly true of new build homes, where buyers are looking to settle for a number of years in order to be close to the plentiful employment opportunities, high achieving schools and outstanding outdoors lifestyle that Hampstead can provide.”
Henry Fordham, Director, Bellis Homes
To purchase an apartment off plan or for all other enquiries please contact Bellis Homes on 01279 424 733 or via www.bellishomes.co.uk or their sole agents Glentree on 0208 731 9500.