The Residence Meets Central London Demand For Duplex Apartments

The race is on for London property hunters to secure one of the sought-after duplex apartments at award-winning Linden Homes’ The Residence collection, just off the thriving South Bank.

Enviably positioned in Blackfriars Road, Southwark, The Residence contains a choice of one, two and three-bedroom homes – including an in-demand selection of two-bedroom duplex apartments ideally suited to sharing young professionals or investors.

The properties variously boast private balconies or terraces leading out into the fresh air from open-plan living areas and bedrooms.

Close to the South Bank with its never-ending range of bustling attractions, The Residence is part of Southwark’s flourishing new neighbourhood which has staked its claim as an expanding cultural quarter of London.

But location is just one of the reasons why the duplexes are expected to attract great interest, according to Ben Morris, Associate Director at Colliers International, the London-based agency working with Linden Homes to market the properties.

He explained: “Colliers International have recently seen demand spike for duplex apartments in new developments in recent months and I believe this is largely due to limited availability of affordable new-build houses.

“The layouts of duplex apartments lend themselves to modern living and offer the character and practicality of a new build house but the added security that modern developments offer.

“Projects such as The Residence in Blackfriars offer a range of duplex apartments with the benefit of a concierge and communal garden fully maintained by the management company.

“These duplexes are ideal for sharers as the bedrooms are on separate floors giving more privacy with a balcony off the master and living room.”

As a result of The Residence’s attractions, he also predicted investors could expect above average yields of around 4.2 per cent, based on comparable local properties.

For property hunters keen to get a taste of what the apartments offer, The Residence’s show home – a two-bedroom duplex apartment – has now launched.

Darren Maddox, Linden Homes South East managing director, added: “Interest in The Residence is beginning to snowball, not just because of the fantastic duplex opportunities but also thanks to prices.

“The Residence offers the chance to secure a comfortable, stylish apartment surrounded by world famous attractions, with convenient transport links and the potential for strong rental yields. We’re advising people to get in touch now to avoid missing out.”

Inside The Residence high quality finishes include oak-faced front doors, fitted kitchens, built-in wardrobes and a set-up for modern living, such as Sky+ ready living rooms and bedrooms, energy efficient features for lower bills, plus video entry systems.

All apartments boast a balcony or terrace and for those buyers lucky enough to secure a home on the top level, the views will stretch across the London skyline taking in The Shard, the City, Canary Wharf and even St Paul’s Cathedral. A beautifully landscaped rooftop communal garden is also available on the sixth floor for all residents to enjoy the same stunning views.

For getting about, just a couple of minutes down Blackfriars Road is Southwark tube station, which is on the Jubilee Line and one stop from London Bridge and Waterloo making the rest of London very accessible.

In common with all Linden Homes properties, each apartment at The Residence also comes with integrated kitchen appliances as standard, plus a 10-year NHBC warranty and two-year customer care warranty for peace of mind.

To find out more, call 0844 488 0874.

-ENDS-

Media can contact Kelly Ward, Claire Oakley or Claire Cathersides at Remarkable Content for more information, images and interviews with Linden Homes on 01962 893893 or email Claire.Cathersides@remarkablegroup.co.uk

19 May 2015

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