The Portman Estate is investing more than £250m into fashionable Marylebone to create a new residential hotspot in the heart of London W1
London is consistently one of the most popular global cities for overseas property investment, and a prestigious Central London postcode is the gold standard for wealthy buyers and professionals who want the best of the city on their doorstep.
Extensive regeneration continues to offer new opportunities to live and invest in London's most fashionable districts, among them Marylebone.
A stone's throw from Oxford Street and Mayfair, surrounded by Royal Parks and a popular boutique shopping and dining destination in its own right, Marylebone in the Borough of Westminster is one of the most central and best-connected areas of London.
The residential sales and lettings markets in Marylebone have remained robust over the past few years, and JLL expects growth to accelerate as the ongoing regeneration and forthcoming high-speed Crossrail services at nearby Paddington station draw more investment to the area.
Marylebone's transformation is centered on The Portman Estate, a mixed-use neighborhood covering 110 acres of prime Central London real estate that dates back to 1532.
Working with some of London's most esteemed property developers, the Estate is investing more than £250m into Marylebone and surrounding areas over the next decade to improve living standards even further, bring more new and refurbished properties onto the market and ensure their long-term growth prospects.
Village in the city
Despite its central location, Marylebone has held on to its village charm, particularly among the Georgian architecture and independent retail streets of The Portman Estate. The wider Marylebone area is famous for its specialist stores and home to several Michelin-starred restaurants, making it a popular destination for discerning Londoners looking for a more authentic alternative to the global brands of nearby Oxford Street and Regent Street.
Part of London's artistic West End, Marylebone also has cultural experiences to entertain and inspire locals all year round, from the eclectic art exhibitions at The Wallace Collection to music recitals at the legendary Wigmore Hall.
Nature lovers and families have two sprawling Royal Parks in walking distance – 350-acre Hyde Park and Regent's Park with its iconic zoo – and many of London's highest-rated schools, colleges and universities are just minutes away on the Underground, including King's College London, University College London, Imperial College London and the London School of Economics.
At the center of London's transport network, Marylebone is exceptionally well connected to all parts of London and further afield by local Tube stations such as Marble Arch and Edgware and nearby Paddington station, offering high-speed connections to financial district Canary Wharf in just 17 minutes and London Heathrow Airport in 34 minutes on the Crossrail Elizabeth Line.
With the opening of Crossrail now delayed until the first half of 2022, investors in London property can still look forward to the anticipated rise in demand and house values once services begin.
Meticulous living spaces
Located in the west of The Portman Estate, TwentyFive is the new flagship residential development of the area that's already welcoming overseas investment.
Developed by Native Land, TwentyFive offers 23 meticulous studios, one, two and three-bedroom lateral apartments and two lateral penthouses across eight floors.
The mixed-use building also includes over 44,500 square feet of office space at OneThreeSix and four retail units, setting a new standard for high-end living and working locations in London.
Designed by architects Stiff + Trevillion, the eye-catching development makes the most of its stunning location with dual aspect views in most units and Juliet balconies for all.
The spacious contemporary interiors by MSMR Architects use natural oak and stone, light color palettes and reflective surfaces to set a calm and airy atmosphere to help city dwellers unwind.
Residents can also access a private gym, a pool and spa at the neighboring Marriot Hotel, concierge services, secure underground car parking and other amenities, alongside the perks of a central London W1 location.
For further information, please contact JLL:
Christine Wong (REN06667)
M: +6012 908 6318
E: wong.christine@ap.jll.com
Twenty Five - Launching in Malaysia on 3rd – 4th October