Fri 05 Jul 2019
Paul Bennett, Director
With the summer sports season in full swing, our minds have turned back to research that shows living near a sports stadium can potentially add thousands of pounds to your home’s value. Simply residing by a well-known golf course, stadium, rugby or cricket pitch can add considerable value to your property and in St. John’s Wood, we are privileged to be the home of world-renowned Lord’s Cricket Ground.
Aptly-named apartments selling fast
Many residential properties surround Lord’s, including the prestigious Pavilion Apartments in St. Johns Road - a development directly opposite the ground. The properties at this award-winning development rarely change hands due to its location but Behr & Butchoff recently won an instruction for a one-bedroom apartment on the second floor. Our super-speedy sale of this property prompted another owner to list their apartment with us, and we’re now marketing a one-bedroom ground floor apartment at Pavilion Apartments, which enjoys 24-hour porterage, secure underground parking and access to communal gardens.
Pierce Cooper-Smith, Behr & Butchoff’s Sales Negotiator, comments: “We are certain the allure of first-class cricket will quickly bowl over more buyers, especially as Lord’s is a host venue for Ashes and Word Cup fixtures. Small apartments in prestige developments are selling fast as they have multiple audiences – first-time buyers, investors and second home owners looking for a central pied à terre.”
Not only are the Pavilion Apartments a haven for cricket fans – with the sound of leather on willow never far away – the development is also close to beautiful Regent’s Park, St John’s Wood High Street and St John’s Wood Tube station on the Jubilee line.
A little information about Lord’s
Thomas Lord opened his very first cricket ground in 1787 on Dorset Fields, where Marylebone Cricket Club played the majority of its matches. It wasn’t until 1814 that Lord opened his third ground on today’s current site. Amusingly in 1864, the purchase of lawn mowers removed the necessity for roaming sheep to keep the lawns tidy. Moving on to the present day, this summer sees Lord’s host several local and international matches, including the ICC Cricket World Cup final on 14th July and the second Ashes test between England and Australia from the 14th August.
If you are a property owner in or around Lord’s - or another London sports stadium - please contact us today to find out how much your home is currently worth. Our agents will consider your proximity to a sports ground when appraising your property.