Upmarket haven for investors
The River Thames has always been central to life in London, and homes alongside its quieter stretches have long held a special cachet. For potential investors, the latest phase of the Riverside Quarter, an upmarket development in Wandsworth SW18, gives plenty of reasons to understand why.
The newest addition to a well-established yet vibrant community, with its landscaped gardens, modern amenities and attractive neighbourhood, offers all the excitement of city living and an 'away-from-it-all' haven.
Marketed in Hong Kong by Savills and due for completion in 2013, the Riverside Quarter apartments include 96 two-bedroom units, along with smaller numbers of one-, three- and four-bedroom options. Each makes the most of natural light and river views that can extend from Putney Bridge towards the west to Wandsworth Bridge.
A guiding principle of the design concept is to offer stylish layouts and immaculate interiors. Kitchens are custom-designed and come with composite stone worktops and an integrated selection of appliances. These include an oven, microwave, extractor fan, dishwasher and fridge freezer. A ceramic four-ring induction hob is complemented by a stainless steel under-slung sink and surround, storage cabinets and a utility cupboard.
Shower rooms and bathrooms are planned with equal care. There will be full-height ceramic tiling throughout and mirrored panels to maximise the sense of light and space. Fittings include a white ceramic designer basin, wall-mounted dual flush water closet, a white steel bath and frameless shower screen. Matching tiled floors, mirror-front cabinets and heated towel rails add extra touches of comfort.
In the main living and dining rooms, there is under-floor heating. This, together with hot water, is supplied by an energy-efficient combined power and heat centre used by the development. When the seasons change, comfort cooling is available - in the bedrooms as well - and the appropriate wiring ensures everything is accessible in terms of home entertainment and 21st century connectivity.
Sliding louvred doors from the living/dining area give access to an individual winter garden or terrace, with solid timber decking and an external specification power point to allow for greater flexibility.
Riverside Quarter has a wide range of facilities. The private swimming pool and jacuzzi afford river views, while a steam room, sauna and state-of-the-art gym allow individuals to pursue their preferred path to personal fitness. If that includes lengthier runs or cycle rides, there are countless routes to choose from in the extensive parks nearby and, of course, beside the river.
To guarantee security, a video door-entry system and CCTV coverage of external areas provide peace of mind. An on-site resident services manager is ready to iron out any day-to day concerns and, for car owners, two floors of rentable underground parking eliminate the daily hunt for a space.
Savills point out that for potential investors in the London property market, the general economic climate means now is a good time to buy. Low interest rates, good rental yields and a favourable tax regime for overseas-based investors are among the primary attractions. Mortgage financing is relatively straightforward to arrange.
Anyone interested in finding out more can do so at an exhibition at the Mandarin Oriental from today until Sunday.