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London property market blog

Riverside

/ by In house team

By the river or a park?

London is revered for its abundance of green open spaces. From Hampstead Heath and the Royal Parks, down to the Commons that border Surrey, the city is awash with places to relax, socialise and exercise. Just as iconic is the River Thames, once a major trading hub and now utilised for leisure and transport, its legacy makes London what is it today.

Find out more about living on the river.

The advantages of living by these green open spaces and the river are innumerable. Both encourage physical activity, improve the mental health and wellbeing of nearby residents, and make sound financial investments. We take a closer look at these benefits.

Getting active

Many of London’s parks offer space for people to exercise. One particular group, Park Run UK, hosts weekly 5ks in more than forty-five of London’s parks. Clubs like these give residents a chance to exercise before going for a coffee with their fellow runners, enhancing residents' physically, as well as providing them with a sense of community.

One of the main benefits of living by the River Thames is the vast amount of water sports available. From the Watersports Centre in Canada Water, to the Rowing Club in Putney, there is ample opportunity for people to get out, meet fellow locals and exercise on the open water.

Serenity in the City

Another benefit of living near green open spaces or the river is the haven they provide in the middle of a busy city. The scenery on offer can help enhance a person’s sense of calm and tranquillity.

Pippa Warren, Sales Manager of our Battersea Park branch expands:

“Battersea Park’s 200 acres of green space run along the south bank of the River Thames and provides people with a space to relax and escape the rat race of city living.”

Indeed, a study carried out by Greenwork suggests that regardless of social-economic status, better health was linked to those who live by green spaces.

Smart Investment

Riverfront properties, whether they are a pied à terre in a luxurious apartment block or family home, are particularly sought after and therefore command a premium. Moreover, riverside property is a scarce commodity which increases your chances of making a sound financial investment.

Research carried out by GLA Economics found that property values increase in areas with a higher percentage of open spaces, as people flock to areas that offer peaceful, attractive surroundings. Family homes that look onto parks remain popular for those with children, and apartments near parks draw in younger professionals who crave green space.

Pippa explains, “The opportunity to have this on your doorstep, but also be so close to central London is definitely a draw for buyers from all generations.”

Our London-wide branches are located along the rivers and by green open spaces, contact them to find out more.

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Inhouse experts
In house team London Property Market

As the marketing and communications team at Kinleigh Folkard & Hayward's head office, our aim is to keep you updated and informed where the London property market is concerned. In addition, we'll bring you tips on navigating current issues and trends in the market when buying, selling, letting and renting to ensure that whatever field you're interested in, you'll be completely informed.

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