Newspaper article The Evening Standard (London, England)

Spotlight on Marylebone; This Urban Village Is a Real Charmer -- If You Can Afford It, Says Anthea Masey

Newspaper article The Evening Standard (London, England)

Spotlight on Marylebone; This Urban Village Is a Real Charmer -- If You Can Afford It, Says Anthea Masey

Article excerpt

Byline: Anthea Masey

DAME Barbara Windsor flicked the switch to light Marylebone High Street with sparkling angel wings and Chiltern Street -- home to celebrity hangout Chiltern Firehouse -- with little Christmas trees.

This corner of London is only a few streets away from the mad, bustling crowds of Oxford Street. But over the last 20 years, Marylebone High Street has been transformed from tired backwater to go-to favourite shopping street, with a mix of much-loved, long-standing shops such as Daunt Books and newcomers like Lululemon Athletica. The area's major landlord, the Howard de Walden Estate, took the long view, ignoring the highest retail rents and hand-picking a carefully curated mix of shops, cafes and restaurants, then adding two key tenants -- Waitrose and The Conran Shop. The success of the High Street has made Marylebone one of London's most desirable areas to live.

Gary Hersham, MD of agents Beauchamp Estates, says: "It mixes beautiful period architecture with stunning new developments. The new homes market in Marylebone has developed since 2011 with the ultra-prime luxury sector only emerging over the last two years.

"The growth and success of these new developments has enabled Marylebone to outperform both Mayfair and the rest of prime central London over the last five years." This Zone 1 location has Regent's Park to the north, Fitzrovia to the east, the West End to the south and Paddington to the west.

the property scene HOMES in Marylebone range from large Georgian houses in garden squares such as Montagu and Bryanston Squares, to smaller Georgian and early Victorian terrace houses, to mews and Edwardian houses, to Twenties and Thirties mansion flats and new-build apartments. One of the most expensive for sale now is a five-bedroom, 7,226sqft Georgian house, from 1780, in Upper Wimpole Street, at PS13.5 million. A smaller threebedroom Georgian house in Molyneux Street is on the market for PS2.1 million.

There are six times as many flats on the market in Marylebone as there are houses. Big lateral flats are a feature, some stretching over two period houses. One is for sale now for PS8.75 million in a Thirties Portland Place block. Onebedroom flats start at about PS525,000. Short-leasehold flats are also for sale locally. A one-bedroom mansion flat in Carisbrooke Court in Weymouth Street is for sale at PS465,000 with a 13-year lease that could be extended for PS425,000-PS525,000.

| NEW-BUILD HOMES The Mansion in Marylebone Lane by developer Clivedale has 22 studios and one- to four-bedroom flats in a modern building that manages to echo red-brick buildings around it. The pool car's a chauffeured Bentley and grocery deliveries are from Fortnum's. There's also a 25-metre swimming pool. The studios and one-bedroom flats are sold. …

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