A CBRE report ‘The effects of regeneration on local property values’, analysed 11 regeneration zones in London and concluded that locations within a 10 minute walk benefitted from an average additional 2% increase per annum in residential property prices. The locations analysed were Canary Wharf, Colindale/Burn Oak, Elephant and Castle, Greenwich Peninsula, Kings Cross St Pancras, Nine Elms, Paddington, South Bank, Stratford, Wembley and Woodberry Down. Paddington benefitted the most with a 5.8% increase per annum. The research attributes this to many factors including improved transport links, enhancements to the area’s heritage, retail and green space.
Paddington
Three Mews Buildings with planning for Three Houses in Paddington
1, 3 and 5 Rainsford Street London W2 1PY
Three mews buildings located between Paddington and Marylebone with planning for three houses totalling 3,310 sq ft on a site of 0.03 acres. Offers in excess of £2.2m. Savills | UNAVAILABLE
