Knight Frank riverside

imperial wharf INSIGHTKnight Frank

Situated on the north bank of the River Thames, this impressive

development is within easy reach of Chelsea’s prestigious King’s

Road and Knightsbridge and offers a peaceful contrast to the fast

pace of the city. What property types are available and what do they cost?

Imperial Wharf is one of the newest and largest developments in Fulham and construction work on the

final phase is approaching completion. Knight Frank is involved in the sale of the recently released

phases - Chelsea Creek and Octavia House.

The development comprises a range of properties, from affordable studio apartments through to large,

four-bedroom penthouses. Many of the properties have either direct river views or pleasant garden views

over the recently finished landscaped communal gardens.

What are the transport links like?

The development has its own train station which provides a direct link to Clapham Junction to the south

and West Brompton to the west, both of which enable commuters to access various lines on the

underground network. Commuters are also served by a number of bus routes that stop near the

development and the river taxi which stops at nearby Chelsea Harbour .

Why would you want to live there?

Imperial Wharf is the definition of a lifestyle development. Residents benefit from the convenience of

having everything in one place, from the on-site shop to the wine store, bars and restaurants. The

development also features secure underground parking, a 24-hour concierge service and a playground.

The traffic-free environment with 10-acre landscaped parkland make for the perfect setting and those who

choose to live here will benefit from both a superb quality build and fantastic views at a fair price.

Being such a short distance from the thriving shopping and social scene in Chelsea make it an ideal

choice for young professionals.

Do you tend to have shorter void periods here than elsewhere?

Imperial Wharf is one of the most popular developments in the area due to the amount of city workers and

corporate tenants and it rarely experiences void periods.

Does it command higher rents than other developments?

We have achieved excellent rents in the past few years, often higher than other local developments and

resulting in an average yield for the Imperial Wharf of 4.5%, considerably higher than most other

developments in Chelsea.

Are there any plans in the pipeline for the area?

Talks of building a pier outside Imperial Wharf are at an advanced stage. This would allow the Thames

River Taxi to dock outside, providing a fantastic alternative way of getting to the city. The river taxi runs

from Putney Bridge to Blackfriars and would stop at Imperial Wharf along the way. This would allow

access to Blackfriars within 30 minutes.

Figure 1

What do our applicants want to spend?New applicants, last 12 months

Figure 2

What is coming to the market?New instructions, last 12 months

Riverside lettings market at a glance

Figure 1

Market activityLast 3 months, year-on-year change

Change in rents, last 3 months

3.6%

9%7%3%

7%38%

35%

Under £350 £350 to £500

£500 to £750 £750 to £1,000

£1,000 to £1,500 Over £1,500

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New property available

117%

8%11%

10%19%

36%

16%

Under £350 £350 to £500

£500 to £750 £750 to £1,000

£1,000 to £1,500 Over £1,500

Lettings Advice for

Investment Landlords

Knight Frank are confident that we can

make the lettings process simple and

rewarding for our overseas landlords.

We will be on hand before the tenancy to

ensure the best advice on presenting and

pricing your property to let in the current

market. Once your tenants move in, all

day-to-day matters will be handled by your

dedicated property manager. In order to

prepare your new property for lettings, you

need to consider many factors that we can

advise on.

Tenancies agreed

Prospective tenants registered

Viewings

14%

41%

60%

Imperial Wharf

Knight Frank riverside

imperial wharf INSIGHTKnight Frank

Charting the market

Figure 4

Nationality of Knight Frank tenantsPrime Lettings, last 12 months

Figure 5

Prime residential rents, indexedQuarterly, last 5 years (Dec 2005 = 100)

Figure 6

Prime London residential gross yieldsQuarterly, last 5 years

90

100

110

120

130

140

Dec-06

Jun-0

7

Dec-07

Jun-0

8

Dec-08

Jun-0

9

Dec-09

Jun-10

Dec-10

Prime Central London

Prime Outer London

Prime Surrey

0%

1%

2%

3%

4%

5%

6%

Dec-06

Jun-0

7

Dec-07

Jun-0

8

Dec-08

Jun-0

9

Dec-09

Jun-1

0

Dec-10

World region

Africa

Asia

Australasia

Europe

India

Middle East

North America

Russia & CIS

South America

UK

Tenants

2.0%

4.9%

3.6%

26.5%

1.4%

2.9%

10.7%

2.1%

0.6%

45.3%

Asking rent: £700pw

Stunning two bedroom apartment

Let

Consort House

2 bed

Asking rent: £725pw

Perfect city living

Let

Consort House

2 bed

Asking rent: £625pw

Larger than average

Let

Consort House

2 bed

Asking rent: £625pw

Superb two bedroom

To Let

Greensward House

2 bed

Asking rent: £675pw

Two bedroom with lovely views

To Let

Aspect Court

2 bed

Asking rent: £900pw

Three bedroom with direct river views

To Let

Monarch Point

3 bed

Riverside properties and the Knight Frank team

Mark Howell

Riverside Lettings

Liz Harrall

Fulham Lettings

Knight Frank Riverside Lettings020 7590 2450

Riversidelettings@knightfrank.com

60 Sloane Avenue,

London SW3 3DD

KnightFrank.co.uk/Lettings

If you have any queries or would like to obtain additional information on the UK or international housing markets please contact: Liam Bailey, Head of Residential Research, +44 (0)20 7861 5133, liam.bailey@knightfrank.com

© Knight Frank LLP 2009 - This report is published for general information only. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no legal responsibility can be accepted

by Knight Frank Residential Research or Knight Frank LLP for any loss or damage resultant from the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or

projects. Reproduction of this report in whole or in part is allowed with proper reference to Knight Frank Residential Research. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Registered office: 55

Baker Street, London, W1U 8AN

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