Central London homes may come with intimidating price tags — the average Zone 1 house price currently stands at a wince-inducing £1,745,500, according to Hamptons estate agents — but there are relative bargains to be found with a bit of digging and delving.
The gaping gap between Zone 1 and Zone 2 property prices has narrowed by 61 per cent since the Covid pandemic began, from 151 per cent in 2019, when the average Zone 1 house cost just over £2 million, to 90 per cent today.
The difference between Zone 1 and Zone 6 has closed by an even bigger 142 per cent in the same time period, falling from 361 per cent to 219 per cent. This is partly due to the exodus from city centres in pursuit of more space, especially with many employers permanently adopting a hybrid working model.
From flats for less than £750,000 in Marylebone, Earls Court, Blackfriars and Angel to family homes for less than £1.5 million in Borough, Kennington and Clerkenwell, here are 10 properties for sale right in the middle of the action:
Marylebone, NW1
£575,000
One-bedroom, first floor apartment with open-plan living and a balcony. In a period conversion next to Regent’s Park and two Tube stops.
Berkshire Hathaway, 020 3835 6492
Earls Court, SW5
£700,000
One-bedroom, south-facing flat with underground parking and on-site porter. Open-plan layout, minutes from three Tube stations.
Moveli, 020 3906 1015
Clerkenwell, EC1V
£1,095,000
Grade II listed, four-bedroom house with a garden in a quiet cul de sac near to Exmouth market and two Tube stations.
Hurford Salvi Carr, 020 3907 3659
Kennington, SE11
£1,425,000
Four-bedroom, three-bathroom family home with a double height living space, decked garden and solar panels on the roof.
Winkworth, 020 3909 6728
Blackfriars, EC4Y
£700,000
Third floor, one-bedroom apartment in a Grade II listed converted bank on Fleet Street. Close to both the City and the West End.
Hamptons, 020 3835 6354
Bloomsbury, WC1N
£1,650,000
Three-bedroom mews house with full-floor entertaining space and roof terrace. In a quiet area with three Tube stops on the doorstep.
Hurford Salvi Carr, 020 3907 3659
North Kensington, W10
£950,000
Two-bedroom, two-bathroom house with underfloor heating, a tanked cellar and outdoor space. Close to Ladbroke Grove.
Winkworth, 020 3872 2192
Notting Hill, W11
£745,000
Top floor, two-bedroom flat in a stucco-fronted building with wooden flooring throughout, a terrace and a balcony.
Hamptons, 020 3869 0432
Borough, SE1
£1,000,000
Terraced house with two bedrooms, two bathrooms and separate bike storage. Moments from the foodie mecca of Borough Market.
Frank Harris & Co, 020 7620 3400
Angel, N1
£700,000
Period two-bedroom flat on the ground floor with a private garden. Moments from buzzy Upper Street and close to Shoreditch too.
