London is becoming increasingly cycle friendly. Initiatives introduced by Boris Johnson when he was Mayor of London are encouraging commuters off public transport and onto two wheels. TfL estimate a 5% year on year increase in cycling journeys within central London’s congestion charge zone.
Emma Hanks of Stacks Property Search says, “Unlike leisure cyclists who are taking over the country lanes, cyclists in London tend to be all about utility – saving time, saving money, saving the stress of being crammed into buses and tubes like sardines. Health may be a bi-product, but generally not the main objective.
“Consequently, property buyers are as likely to be studying cycling routes as they are tube and bus maps when deciding where to buy. The cycling map is changing all the time – and generally for the better. A network of Cycle Superhighways is growing and improving all the time, offering cyclists safer, faster routes from A to B.
“And while we’re inclined to compare cycling journey times to tube or bus journey times, the upsides to taking the bike are numerous – no walking to the tube, no waiting for the bus, no walking at the other end, no worrying about strikes! With a bike, you’re in control of your own destiny.
“We are increasingly hearing from buyers that they want a good cycle route to the City, or to other places of work. Some want speed, others want quiet routes that allow them to arrive at the office stress-free. Along with a good cycle route, they want (crucially) space in the property to store a bike. Some new build properties are factoring bike storage into their spec, but period properties often have a suitable spot for safe storage – it’s just another item on the must-have list.
“Ground floor properties are obviously the most sensible choice, and an exclusive entrance is helpful. Wall-mountings allow you to keep a bike in a relatively minimally sized hallway without obstructing access. Bikes in communal parts don’t go down well with freeholders or other leaseholders. Other options include a shed in the garden, or a vault space under the front area.
“It makes sense to identify your nearest cycle workshop, but these are springing up all over London in response to a growing demand, so there’s generally one to be found within pushing distance!”
Stacks top cycle-friendly London property hotspots are as follows:
There’s an 8.5 mile long route (The Barclays Cycle Superhighway) to the City (Bank) that shouldn’t take any longer than 45 minutes to cycle, while the tube will take 35 mins from Colliers Wood to Bank station but obviously not including the walk to the office.
Merton, Tooting and Colliers Wood are great residential areas with fantastic capital growth potential and still affordable, with lots of cafes, bars and delis. A two bedroom flat in a converted house in a quiet residential street such as Clive Road SW19 or Dafforne Road SW17 opposite Tooting Common will sell for around £550,000- £600,000.
It will take 25 minutes to get to Bank by tube, but only 15 minutes cycling along the main roads. More cautious cyclists can choose a route that follows mostly quiet backstreets, canals and park routes and still beat the tube by a couple of minutes.
A two bedroom flat in one of the leafy roads off Upper Street N1 such as College Cross or Richmond Avenue will set you back around £850,000.
Lancaster Gate, W2
As the new and improved East-West Cycle highway is about to be introduced, running from Lancaster Gate via Victoria Embankment to the City (Canon Street and Tower Hill), cyclists may be interested in Lancaster Gate which is fantastically located between Kensington and Oxford Street. Hyde Park is easily accessible for a nice relaxing weekend pedal.
Two bedroom flats here located on garden squares such as Queens Gardens and Cleveland Square, with elegant stucco fronting and high ceilings, will range from £850,000 – £1.2m.
Shad Thames, SE1
Although still in the process of consultation, the North-South superhighway will provide safe access from Elephant and Castle through the city to beyond Kings Cross. This will mean a ten-minute cycle ride from the ever-popular Shad Thames where fantastic original warehouses have been transformed into modern spacious flats with exposed brick walls and timber beams.
Two bedroom flats here will cost from £700,000 to £1m, often with views of the river and sometimes the lovely Tower Bridge itself.
Stacks Property Search & Acquisition, 01594 842880 / www.stacks.co.uk
Call us on +44 (0) 1594 842880 or complete the form below
When making probably the most important financial decision of your life, it pays to have the right advisors at your side.
Retirement or semi-retirement is an exciting stage in life. Finding the right home to live in and enjoy it to the full is important. We know that and will do all that we can to understand what you’re looking for… before starting to search. And search we will, until we find the house of your dreams.
Relocating is time consuming and stressful. We regularly work with clients who live abroad. We hunt, short-list, prepare your viewings, and make the search process as easy as possible. We oversee the negotiations, manage the conveyancing, and deal with the headaches, so you can concentrate on other aspects of your move.
A holiday home is often an interesting mix of investment and heartfelt connection. You want to use it, but you may well also be keen for others to use it too. We can advise you on what factors to consider in making your decision. And we can then find the perfect holiday home for you to enjoy.
Others say, ‘location, location, location’. We say, ‘location, purpose, price, capital growth, rental returns’… the list goes on. Knowing the market is critical. Local knowledge is key. We ensure all aspects of your investment decision are addressed. Finding, analysing, negotiating, and completing… it’s what we do.
“You showed fantastic attention to detail, anticipated all eventualities, and provided timely and practical help and guidance every step of the way. Above all, you supported me in making my own considered decisions, and I am so grateful to you for all your help in getting me to where I am now!”
“We firmly believe that without Rachel and her skilled negotiation we would not have secured the property.”
“We felt they genuinely wanted to help.”
“Stacks’ performance on this assignment has been absolutely outstanding and more than met my expectations. Her understanding of the brief and the ‘after-find’ service set a standard of professionalism that I have not met before.”
“It is not often that one is pleased to part with money but I can truthfully say that I am on this occasion. You have earned every penny of this cheque and what is more, you have done it with great courtesy and good humour. It has been very pleasant working with you. You really did take most of the stress out of our house hunting.”
“Encouraging me to think creatively about what could work for me.”
“Finding a plot not yet on the market and persuading the developer to enter into an exclusive contract with me to build to my specification.“
“I was impressed by the efficient, kind and courteous service provided by Stacks”
“Stacks were a tremendous help and we would never have found our home without them. She is a lovely person with a great sense of humour which was essential during some of our tricky negotiations“
“You gave a much-valued ‘younger’ perspective on our situation, which was a real asset”
“We found the service extremely helpful and professional at all times”
“I have been delighted with the service I have received from Stacks and will not hesitate to recommend Stacks in the future.”