Thoughts from our Property Experts

Why Home Buyers Love Living Near London’s Royal Parks

by Laurence Lai Laurence Lai, author of this post , Monday 21 October 2024

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London is renowned for its dynamic lifestyle, rich history, and iconic landmarks. Among the many attractions that make the city special, its Royal Parks are one of the biggest draws for homebuyers. There are eight Royal Parks, spanning over 5,000 acres, including Hyde Park, Regent’s Park, and Kensington Gardens, which offer a breath of fresh air in the heart of this bustling metropolis.
 
For many home buyers, living near these green spaces is a luxury they are willing to invest in. But why do so many people choose to live near London’s Royal Parks, and what makes these areas so attractive for homebuyers?
 
1. Proximity to the Natural World in the City
 
One of the key reasons home buyers seek homes near the Royal Parks is the easy access to nature. In a city as dynamic as London, having a serene, green space nearby provides a much-needed escape from urban noise and stress. The Royal Parks offer residents the ability to quickly access a leisurely stroll, take a morning jog before work or simply relax on the grass in the sunshine - all within walking distance of their homes.
 
This proximity to greenery is not just about aesthetic appeal. Studies show that living close to parks and natural areas boosts mental health, reduces stress, and promotes overall well-being. For families, these parks provide safe, open spaces for children to play, making them an attractive option for those raising young children. 
 
City homes rarely have private gardens and outside space attached, whilst balconies are a definite plus space is small.
 
YOUhome has a large city apartment within a grand heritage building for sale. Situated within walking distance of St. James’s Park. This apartment in Victoria, SW1,  also features outdoor balconies too. Click here to view more.
St James's Park, London

2. Property Value are Boosted by Proximity to Parks
 
Living near one of London’s Royal Parks acts as a sound financial decision. Homes near these iconic green spaces command a price premium. Properties close to Hyde Park, Kensington Gardens and Holland Park for example, are some of the most sought-after in the city. This is not just due to their location but also because of the limited supply of homes near such prime areas, driving up demand.
 
The exclusivity of living near these parks means that property values are likely to remain strong, offering potential for positive long-term asset appreciation. Homebuyers see this as an investment, knowing that homes close to the parks tend to retain their value, even during times of economic turmoil.

A house for sale in Holland Park recently exchanged with YOUhome clients reflecting the area's excellent close proximity to Holland Park gardens.
Click here to view details.
Holland Park, London

3. Royal Parks Offer Leisure and Recreation on Your Doorstep
 
The Royal Parks provide more than just beautiful verdant scenery—they offer a range of activities that cater to people of all ages and interests. From boating on the Serpentine in Hyde Park to open-air theatre in Holland Park, these green spaces are vibrant hubs of cultural and recreational activity.
 
For fitness enthusiasts, the parks offer the perfect venue for cycling, running, riding or outdoor yoga. Hyde Park Tennis Centre offers a playground, bowling, padel and tennis. A family can enjoy picnics, children’s playgrounds, and explore established wildlife in these glorious parks too.
 
YOUhome currently has an outstanding family apartment for sale situated directly opposite the Queen's Gate gateway to Kensington Gardens. Click here to view more.

Kensington Gardens, London
 4. Community and Lifestyle Park Appeal
 
The shift towards work from home, and increased emphasis on one’s neighbourhood has also impacted park appeal. Living near the Royal Parks fosters a strong sense of community. These spaces are natural meeting points where locals gather for social events, sports, or simply to relax. The neighbourhoods surrounding the parks, such as Kensington, South Kensington, Bayswater, and Notting Hill offer a blend of luxury living and a warm, community-focused environment.
 
Many local amenities, from boutiques, cafes to vibrant international restaurants, are within walking distance, further enhancing the appeal of the neighbourhood. Homebuyers seek this blend of bustling city lifestyle combined with calm, tranquillity offered by the nearby parks.
 
YOUhome has a two-bedroom apartment for sale in Cleveland Square, Bayswater, W2, within walking distance of Kensington Gardens and The Italian Fountains. Click here to view more.
 
5. Exclusive and Prestigious Locations
 
It’s no secret that some of London’s most prestigious neighbourhoods are situated around the Royal Parks. Areas like Kensington, Belgravia, and Holland Park are synonymous with luxury and exclusivity. For many international and local homebuyers, living near a Royal Park is a status symbol, representing the pinnacle of urban living.
 
These areas are also home to some of the city’s top prep and pre-prep schools, world-class museums, and cultural landmarks, making them particularly desirable for both families and international buyers.

YOUhome has sold a grand detached house in Phillimore Gardens, Holland Park. It is located at the heart of the Phillimore Estate on one of the most exclusive roads in Kensington. The prestigious residential address reflected a perfect location backing onto Holland Park itself. Click to view more here.
 
Royal Parks Promise More
 
In a city as vast and diverse as London, the allure of living close to a park remains a constant. Whether it’s the promise of flora and fauna, the boost to your property value, or the prestige of living in an exclusive location, it’s clear to see why so many home buyers in London are drawn to properties near these magnificent spaces.
 
For homebuyers, choosing a home near a Royal Park or a park in the Royal Borough of Kensington and Chelsea (Holland Park) is more than just a real estate decision—it’s an investment in a lifestyle of balance, beauty, and well-being.