Mayfair estate agent launches six-figure 'luxury' student pad on Park Lane
Mayfair estate agent Wetherell have brought to market a ‘student pad’ apartment located on Park Lane for £895k.
The agent anticipates that the Park Lane apartment will offer not only a future investment opportunity due to its address, but also meet a growing demand for student accommodation.
The property was built in the 1960s to the designs of Irish architects Herbert Willis and William Kaula. The mansion block replaces seven separate homes, some of which were bombed during the Second World War.
Herbert Willis and William Kaula formed an architectural partnership in London from 1914 until 1938 and were involved in several architectural developments around the city, including the rebuilding of Grosvenor Square in 1926.
Situated close to the University of Westminster, Kings College London and Regents Park University, 12 Avenfield House comprises offers one master bedroom, a reception and dining area that opens out into a kitchen area and a bathroom.
In addition, the apartment features a 24-hour porter and lift services, as well as decor such as grey silk carpets, black marble work surfaces, grey marble tiles, and black quartz flooring.
Peter Wetherell, chief executive of Wetherell said: “This contemporary Avenfield House apartment offers the perfect space for a young student living in London.
“It will not only provide a great investment opportunity for parents, but also reassurance that their child will be living in Mayfair, an exceptionally safe neighbourhood, in close proximity to some of London’s top universities.
“We are seeing domestic and overseas buyers continue to invest in prime Mayfair properties for their studying children, with the priorities being a respected location, good transport links and stylish design.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead