Valencia Tower at 250 City Road - Zone 1 London: leading developer Berkeley Homes' landmark development in the heart of Tech City, one of London's most exciting new locationsOverseas Property | 21 Jan 2021
Combining breathtaking design and peaceful landscaped gardens, the development is a burgeoning urban quarter like no other.
The UK has always been placed among the top immigration destinations in the world. With new provisions for British National (Overseas) passport holders as a pathway to full citizenship, it is expected that a significant number of Hongkongers may emigrate to the country in the next few years.
“The influx of immigrants will drive up the housing demand,” says Dr Theresa Fok, Founder and Managing Director of Jade Land Properties (HK) Limited, a boutique real estate consultancy specializing in UK, Malaysia and Canada properties.
Despite the impact of the coronavirus lockdown, Fok says Central London housing prices have remained solid due to continuous long-term demand for prime Zone 1 location. “now is more than an apt time to enter the market”.
London has long been an investment hotspot for buyers local and abroad, and among the many outstanding projects, Fok highlighted 250 City Road.
Developed by leading developer Berkeley Group in collaboration with world-renowned architects Foster+Partners, the mixed-use development is situated in the heart of Zone 1. Offering unique places for residents to live and work, it incorporates serene Wi-Fi enabled landscaped gardens, retail spaces, a boutique nhow hotel and an iBasin co-working space.
250 City Road is poised to become a destination in its own right. This intersection between the hot spots of Old Street and Angel is where a busy modern thoroughfare meets the tranquillity of bygone waterways, an area well served by an eclectic range of coffee shops, pubs, restaurants, and stores.
“Situated in such a prime locale, this landmark development is an ideal bet both for self-use and buy-to-let,” says Fok.
Solid housing demand In Tech City
250 City Road is strategically located within East London’s Tech City and the Square Mile. A budding new location, Tech City has witnessed a cluster of start-ups being established around since the start of the last decade. Tech giants including Amazon, Microsoft, Google and Intel have set up huge offices for thousands of staff.
Many of London’s top-ranking universities are also close by – including King’s College London, University College London, Imperial College, and University of Westminster – with some taking less than half an hour to reach.
“The elite workforce and student network creates a strong demand for housing in the district,” Fok observes.
Highly accessible, 250 City Road is set at the center of all the action. When it comes to getting around the capital, 250 City Road is ideally situated close to public transport as well as the thoroughfare joining Tech City and the financial district in West London.
The introduction of Crossrail is slated to speed up international connections between City Airport and Heathrow. On foot, residents can readily reach Old Street Tube station in 8 minutes, and Farringdon Tube and Crossrail station in 16 minutes.
The latest 36-storey residential tower, Valencia Tower, rises above its surroundings, offering a stunning collection of 1 to 3-bedroom apartments finished to a superb specification coupled with top-shelf facilities. All the units adopt an open plan living with generous floor space ranging from 613 to 1,463 sq. ft. Every flat has a view – with residences on the upper floors enjoying a spectacular, unobstructed panorama of the capital.
Outside, some two acres of beautifully landscaped green spaces and secluded courtyards put residents in touch with nature. A central plaza surrounds verdant parkland sculpted by award-winning landscape architects Murdoch Wickham, and potted with mature trees, water features and wildflower beds.
For those who like to keep business close to home, 250 City Road is the ideal location given its accessibility to superior facilities nearby, like the luxury nhow Hotels newly opened in early 2020, which encompasses 190 bedrooms, a restaurant, bar and fitness suite – it is sure to become the first choice for business travellers and tourists alike.
The development is also home to iBasin, London’s most dynamic new office and co-working space. Spanning 3 floors of 41,000-sq. ft. versatile office space, the space is ideal for companies looking to station in a prime London location.
Top-notch amenities & service
At 250 City Road, the concierge desk – available 24 hours a day and 7 days a week – is on hand to help residents with special requirements, from restaurant reservations to ordering taxis and taking deliveries.
State-of-the-art exercise facilities at 250 City Road feature a full fitness studio and rooftop terrace for fitness buffs. One can also wind down within the sanctuary of the spa, a 20-meter three-lane pool, jacuzzi, shower experience, steam and sauna rooms.
When working away from the office, 250 City Road ensures everything is kept professional with its first-class resident’s lounge offering a wide range of essential services, including a rooftop terrace and screening area, as well as exclusive room hire for meetings and private functions.
Prices of 250 City Road start from £872,500 (approximately HK$8,726,000)
Valencia Tower at 250 City Road
Address: 250 City Road, London, EC1V
Sizes: 613 to 1,463 sq. ft. (1, 2 and 3 bedrooms)
Developer: Berkeley Homes
Time: 11am to 6pm (by appointment)
Venue: UG/Floor, Winway Building, 50 Wellington Street, Central
Inquiries: by phone 2869 6683 / WhatsApp 98730332 / Email firstname.lastname@example.org