20 Luxborough Street

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Properties in this development on 27 April 2024

Bedrooms

Square

Price, sqm

for all

1-bedroom

–

Availability

2-bedroom

–

Availability

Note: 1 Sq.M = 10.76 Sq.Ft

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Key features

Flats: 14

Property Type Apartments

Balcony

Park & riverside walk

Chill out place

Local cafes

Social space

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Description

New Affordable Homes and Community Space: Luxborough Street Development

The council has received the green light to embark on an initiative aimed at developing new affordable homes and fostering community spaces within the Marylebone ward's Luxborough Street.

Project Overview

Affordable Housing: The project aims to introduce 14 new affordable homes designed for intermediate rent. These homes will consist of a mix of 1 and 2-bedroom residences, prioritizing local individuals through a dedicated Local Lettings Plan.
Community-Centric Approach: Alongside the residential units, the development includes a flexible space intended for community use, promoting engagement and shared experiences among residents.
Enhanced Landscaping: Luxborough Tower Gardens will undergo revitalization with landscaping improvements, offering a welcoming and aesthetically pleasing environment for residents and visitors alike.

Progress Update

Construction Phase: The project has kicked off with construction partner Wates leading the initiative. The upcoming phase involves the groundwork, including the foundation laying for the new building at Luxborough Street.
Gardens Enhancement: Ongoing landscaping enhancements within Luxborough Tower Gardens are in progress, enriching the surroundings for the community.

Expected Completion

The development is projected to conclude by Spring 2024, marking the completion of this initiative aimed at enhancing the residential landscape and community vitality in the area.

Disclaimer
*Property descriptions, images and related information displayed on this page are based on marketing materials found on the developer's website. 1newhomes does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars.

Buying an apartment in London – How much ROI and profit can it bring in 5 years?

Based on the data by PwC on property prices and rents dynamics.*

2,5—4,5%

annual rental income

5—10%

annual price growth per square meter

Price growth

+ £200 000

Rental income

+ £90 000

£500 000

investment
capital

£790 000

total capital

*No Investment Advice

With an annual profit of 3.5% and price growth of 7%

Local area map

Stations

Schools

Bus Stops

Clinics

Supermarkets

Cafes

GYM

Full address: 20 Luxborough Street, London W1U 5BF – Marylebone / W1U / Zone 1

Public Facilities

Schools

ICS London - Primary International School

0.3

mil

min

EIFA International School London

0.5

mil

min

ST NICHOLAS MONTESSORI TRAININ

0.7

mil

min

Subway stations

Baker Street

0.3

mil

min

Regent's Park

0.5

mil

min

Great Portland Street

0.6

mil

min

Train stations

Marylebone Station

0.5

mil

min

Bond Street

0.6

mil

min

Oxford Circus

0.9

mil

min

Bus stations

Albany Street Police Station

0.8

mil

min

Oxford Circus Station (Stop OH)

0.8

mil

min

Cobalt, The

0.7

mil

min

Cafes

Wigmore Hall

0.5

mil

min

International Students House

0.5

mil

min

The Wallace

0.3

mil

min

Parks

Regent's Park Office

0.7

mil

min

The British Pilgrimage Trust

0.3

mil

min

Queen Mary's Rose Gardens

0.7

mil

min

Airports

Gatwick

58.1

mil

min

London City

11.1

mil

min

Heathrow

17.2

mil

min

AutoScore Ranking

schools

cafes

transport

parks

airports

We have created an automatic ranking system for new-build homes in London based on several critical features around the development, like schools, parks, and transport infrastructure.

We have developed this new analytical tool to calculate the scores based on the location data. Note that AutoScore values are not set by us or anyone else – everything happens automatically.

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Latest news

Marylebone Ward to Witness Construction of New Affordable Homes and Community Area

21 Dec 2023

Plans have been approved by the council to construct a series of affordable residences and a communal area on Luxborough Street within the Marylebone ward.

This initiative includes:

14 newly designed affordable residences designated for intermediate rent;
A combination of 1 and 2-bedroom homes, prioritized for local residents initially through a Local Lettings Plan;
Enhancement of landscaping within Luxborough Tower Gardens;
A versatile area allocated for community purposes.

Mortgage calculator

Stamp duty calculator

Our Stamp Duty calculator provides illustrative figures for the Stamp Duty (SDLT) in England and Northern Ireland, a required tax paid on property purchases. Read more about SDLT and how it works.

Developer

Westminster City Council

1 Completed

3 Under
construction

Website

20 Luxborough Street

Properties in this development on 27 April 2024

More information

Key features

What are you looking for?

What are you looking for?

Payment options

Description

New Affordable Homes and Community Space: Luxborough Street Development

Project Overview

Progress Update

Expected Completion

Buying an apartment in London – How much ROI and profit can it bring in 5 years?

Local area map

Public Facilities

AutoScore Ranking

Sales office

Learn more

Latest news

Mortgage calculator

Stamp duty calculator

Developer

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FAQs about 20 Luxborough Street

Property Details

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