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Victoria Circle Developer Limited
(A joint venture between Land Securities and CPPIB)
Buckingham Palace Road, Victoria, London SW1
City of Westminster
999 year lease
Studio: £400 per annum
One Bedroom Apartment: £600 per annum
Two Bedroom Apartment: £800 per annum
Three Bedroom Apartment: £1,000 per annum
Estimated at £8.50/sq ft
170 apartments of the highest specification
Car parking is available to purchase for £85,000
The Nova Building is a short walk from Victoria Station, which provides access to Underground, Overground, Thames Link and the Gatwick Express.
24-hour bus services also run from Victoria Station.
|24 Hour Concierge||Gym||Luxury Private Cinema||Residents Lounge|
Nova, an Overview
Nova, Nuovo, Nueue, New. The Nova building in Victoria is exactly that, but it could also have quite easily have been called ‘Stellar Apartments’, the ‘Uber Building’ or ‘Subarashī Place’.
Designed with the fashionable, trendsetting property owners in mind, even the Nova development website looks more like a spread from Wallpaper* magazine than your typical real estate brochure.
The Nova is made up of 170 luxury apartments overlooking Buckingham Palace, with a further two, dedicated buildings of office space and a number of exclusive bars, restaurants and eateries. Nova takes its residence on an area that was once a series of back streets, horrid concrete blocks and a popular, but rather seedy gay bar.
Now the Nova development and the Victoria district as a whole, is testament to London being a world-leading city, enticing the crème de la crème of creative and commercial global enterprise.
A History of Nova
If the Nova building represents a new lease of life to this busy, Central London location, then it is surely a case of History repeating, as this part of London has been an area of smart, cosmopolitan residents since Queen Victoria’s day.
The Victorian Era is often regarded as staid and prudish, yet given that the industrial revolution happened during Victoria’s reign, this was a period of significant innovation giving us much of what is loved about London today.
Victoria, as a district of London is evidence of that. The main thoroughfare, Victoria Street itself was developed to allow easier access from the landed gentry’s country homes directly into Westminster. The grand mansion blocks that sprung up along the route were originally designed to attract wealthy bachelors including scientists, civil servants and engineers.
And so, while the Nova building may be literally translated as ‘New’ it actually continues England’s, and in particular, London’s ability to reinvent itself and maintain its allure as a diverse metropolis attracting global talent, international innovators and cross-continent creatives.
Many of those creatives may well recall a groundbreaking magazine of the same name. Running for over 10 years, Nova magazine described itself as “The new kind of magazine for a new kind of woman”. This London based, yet world-famous magazine heralded a new way of thinking, an empowerment of women and an appreciation of art direction and editorial content.
I suspect it is no accident that the Nova Building is called thus. While Nova the magazine, is not in any way associated with the Nova building, I am confident it was the inspiration behind the development.
Living & Investing In Nova
Nova, SW1 uses quality materials, sophisticated finishes and discreet fixtures and fittings to create a luxurious but neutral backdrop. Its developers know that Nova residents have their own distinct tastes, own art collections and own outlook on life. The Nova building may be new, but it is not Nouveau Riche!
In fact, everything in the Nova, is more about what is hidden rather than what’s on show. Under-floor heating, recessed lighting, Ceiling-mounted shower-heads, linear recessed led lighting and brushed-chrome finishes, all indicate that for Nova residents, the bulky detritus of daily grind is kept discreetly in the background, ensuring a sense of order and calm is maintained.
Most property developers make sure that a new building will appeal to the widest possible audience, families, bachelors, young couples etc. The Nova Building will also appeal to a broad spectrum of people but with one thing in common. A seriously hardcore appreciation of what is cool, trendy, hip and fashionable.
Names like Bone Daddy, Daisy Green and Jason Atherton populate the Nova’s restaurant quarter. Companies such as Advent and Egon Zehnder will be taking up offices in the Nova, and its team of world leading architects include; Benson +Forsyth, Flanagan Lawrence and Lynch Architects.
None of these names mean anything to you?
Then, to be honest, the Nova Building probably isn’t for you. The Nova’s website cites, Margret Thatcher, Burberry and The Daily Telegraph as inspirational mavericks, clearly setting out its stall to attract the sophisticated, intelligent elite. In fact, it goes as far as to describe itself: ‘A development built by mavericks for mavericks’.
It is up to you to decide if you think the Nova is referring to you or not.
Nova & Beyond
Buckingham Palace, Victoria Station, Houses of Parliament and Burberry’s head office are all just a hipster’s swagger from the Nova Building. Such is its proximity to London’s main attractions and amenities that commuter distances seem almost irrelevant.
That’s because Nova is part of an architectural movement that is seeing an increasing trend towards residential and commercial space being mixed up, giving a new lease of life to areas that previously may have become deserted at weekends. Nova’s own restaurant and retails spaces promise to deliver destination bars and shops, attracting; after work socialising, first date diners, family gatherings and Sunday ‘brunchers’.
London however would not be London without its more esoteric destinations. Often disparate and down less salubrious alleyways London still has lots to explore away from the main drag.
Charity shops may not be the obvious starting point for wealthy, Nova residents, but for style inspirations the FARA vintage shop, Retromainia, on Upper Tachbrook Street is a higgledy-piggledy hive of retro clothing, vintage objet and nostalgic textiles. In contrast the charity shop at 19 Churton Street, is more generic in style but still worth a visit for the shrine to retail guru, Mary Portas, in the changing rooms!
More upmarket, are the smaller independent galleries that are dotted about the streets of Vicotoria and Westminster Whether it’s olds master from Simon Dickinson on Jermyn Street, or contemporary furniture and sculpture from David Gill, on King Street, Cultural connoisseurs can discover art to suit every taste in these intimate and friendly galleries.
Of course, even the best of us have to reign in the credit card sometimes. So, if a bit of artistic window-shopping is in order, then the Nova building boasts being within walking distance of the Tate Britain and National Gallery, a cab ride to the V&A and a short boat journey up the Thames to the Tate Modern.
Victoria still hosts a number of local, independent cafes, and all around the SW1 are down-to- earth pubs, intimate hotel bars and fashionable boutiques. Nevertheless, sometimes local is just a bit too local. Therefore, nearby transport links include; trains to all over the UK, while the Gatwick Express, and trains to Heathrow allow you to be anywhere in the world, anytime you want.
But still, no matter how far you travel, it will be the calm interiors of the Nova Building that you will soon be calling home.
Garton Jones wins three golds in national awards
Garton Jones will be appearing on national TV after scooping five honours in the 2016 Property Division Industry Experts Awards, including three golds.
Managing director Kieran Chalker has accepted an invitation from Property TV to appear on the channel’s Property Panorama show, which is filming an episode about the Industry Experts Awards.
Kieran says: “This is a fantastic opportunity to promote Garton Jones to a national audience. But a greater reward is receiving the support of the many vendors, landlords, buyers and tenants who Garton Jones has helped since the business was established in 2006.”
The Property Division Industry Experts Awards, which recognise industry professionals who have achieved excellence in their marketing and communications strategies, were decided by a public vote.
Garton Jones won gold in the Medium-sized Estate Agency Blog of the Year, Agency Website and Agency Twitter Page categories in addition to silver awards in the Best Agency Blog Post and Best Agency Facebook Page categories.
“We have long used our website, blog and social media channels to educate and inform our clients, and it is a good feeling to know our efforts have been recognised by the public,” adds Kieran. “Thank you for your support.”
The Garton Jones blog will carry the YouTube video of our appearance on Property Panorama that will be uploaded by Property TV when the show is broadcast on Sky Channel 238. Follow us on Twitter to be among the first to know when the video goes live.
Nova has been described as the defining moment in Land Securities’ £2.2bn reinvention of Victoria. The development really is a game changer, with 193,000 square feet of contemporary luxury apartments, high-profile shops, cafes and restaurants, along with 16,000 square feet of community space.
The apartments offer a 24-hour concierge service, a residents’ lounge and a gym. There are also rooftop gardens that have views over Buckingham Palace.
Riverlight, on the other hand, is a flagship development at the heart of London’s new diplomatic district in Nine Elms.
Designed by leading architects Rogers Stirk Harbour + Partners, Riverlight focuses on state-of-the-art living. All the apartments, which are now ready to move into, have private terraces providing views of the River Thames and the London skyline.
The variety of on-site amenities highlight the level of luxury and include a restaurant, coffee shop, Sainsbury’s, a Royal College of Art gallery, gym, swimming pool, holistic spa, exclusive residents’ clubhouse, full digital entertainment suite with private cinema, reading lounge and even virtual golf.
Garton Jones has properties for sale and rent in many new developments in or minutes away from central London. To find out more about how Garton Jones can help you sell or buy your new property, fill in the form on your right.
London Vs Oslo #GJCities
In the 28 years between plans for Norway’s royal palace being formulated by King Carl Johan and its inauguration in 1849, financial crises gripped the royal residence on the Western side of Kristiania (Oslo) at Bellevue Hill.
And even after King Carl Johan died in 1844 and his son Oscar I and his wife Queen Josephine became the palace’s first residents, it was quickly apparent that the building’s 173 rooms fell short of requirements.
The wings and the central colonnade, which were removed from the original design due to cost restraints, were reinstated and the steep roof was replaced by a more elegant flat roof.
Inside the building, the different styles in evidence are explained by the 25 years it took to complete the original structure.
The Banqueting Hall and the Family Dining Room offer up frescos inspired by Pompeii, while the Bird Room – one of the most famous in the palace – is an antechamber for those granted an audience with the King.
The room gives the visitor the impression of being in an open garden pavilion. Through delicate pillars entwined with hops the viewer looks out on some of the most impressive Norwegian properties including Gaustatoppen and Vedalsfossen.
The view is brought to life with a variety of Norwegian birds – 40 in total, made up of 14 different species and one which cannot be identified, all complemented by six butterflies. If you are kept waiting by the King you may also be able to pick out 4 hidden butterflies.
The palace is not just a home to King Harald V – who opened the building up to the public in 2002 – and the Norwegian Royal Family, the daily work of the monarchy is conducted inside its walls.
The King presides over the Council of State, grants audiences, holds official dinners and when foreign Heads of State visit Oslo they will normally stay at the Palace.
Every year since she came to the throne in 1952, Queen Elizabeth II has invited two heads of State to stay at either Buckingham Palace or Windsor Castle.
Buckingham Palace – which has attracted close to 500,000 visitors each year since it opened to the public in 1993 – has been the official London residence and administrative headquarters of the British monarch since 1837.
But its history dates back to before 1761 – the year George III bought Buckingham House for his wife Queen Charlotte and it became known as the Queen’s House.
It was George IV who decided to transform the house into a palace. In 1820, parliament agreed to a budget of £150,000 but by 1829 the cost had shot up to £500,000.
As part of the renovation – which included the building of 19 state rooms – the north and south wings of Buckingham House were demolished and rebuilt on a larger scale with a Marble Arch as the centrepiece of an enlarged courtyard.
Queen Victoria was the first monarch to take up residence in July 1837. However, her marriage to Prince Albert in 1840 brought about a problem – an absence of any nurseries and too few bedrooms for visitors. The solution was to move Marble Arch, which commemorate British victories at the battles of Trafalgar and Waterloo, to its current home and build a fourth wing. The cost was covered by the sale of George IV’s Royal Pavilion at Brighton.
If you are visiting London this summer, Buckingham Palace should be on your to-do list. It may lack a collection of birds (you have to drop by at the Tower of London to catch its ravens) but its balcony is a focal point for national celebration.
The palace only opens to visitors between 23 July and 2 October, but exclusive views of it are on offer every day of the year from some of the most desirable homes in the capital.
A selection of the 170 high spec apartments at Nova, for example, have balconies that overlook Buckingham Palace. For further information about owning or renting a home at the heart of the cultural renaissance of Victoria, please fill in the form on the right hand side.
Why you should invest in The Nova Building
Notting Hill is one more recent example; W11 used to be more ‘edgy’ and somewhat less salubrious in the mid-late 20th century. However, now it’s highly-sought after by the international elite, who are keen to snap up its stucco-fronted villas. There are many more similar tales of areas being gentrified; but it seems that now it’s time for Victoria to bask in the spotlight. Previously, Victoria has generally been known for its convenient commuter links and its great location rather than its entertainment and shopping facilities. But this is all changing as we speak; the area’s fast becoming a vibrant, bustling hub, with luxury brands such as Tom Ford, Jimmy Choo, Burberry and Armani setting up shop here.
It’s not just all about fashion (darling). Victoria’s increasingly becoming a cultural hub, with St James’ Theatre, The Curzon Cinema and Phillips Gallery all located in the area. There are also top brands such as Rolls Royce, John Lewis, Google and The Bill and Belinda Gates Foundation, that have all chosen to make Victoria home. This is because commercial space is cheaper than nearby; but there are still good transport links.
This spurt in growth in popularity in Victoria is helped by leading British commercial property company Land Securities, which is committed to its long-term development and growth; the aim is to make the area a distinct destination and to bring exciting new brands and restaurants to the area. We’ve already written about Nova, Victoria and why it’s set to attract foodies to the SW1 postcode.
The Nova Building
Sales Prices From £710.000
This is why we think that investors should look into acquiring one of the 170 fabulous apartments at The Nova Building. Set to be complete in 2016, Nova’s 5.5 island-acre site is directly opposite Victoria station. Initially it hosted more than 400,000 square feet of 1960s offices; as well as 60 apartments, a hotel and old retail/restaurant units. Land Securities as a whole plans over two million square feet of redevelopment in Victoria, and Nova will be pinnacle.
The development really is game-changing, with 193,000 square feet of contemporary luxury apartments, high profile retails, cafes and restaurants, along with 16,000 square feet of community space. There will be five buildings in a landscaped public space, close to Victoria mainline station. Indeed, it’s been predicted that Nova’s completion will create over 5,000 new jobs, with three quarters of these for local people, and residents creating a net benefit of £4.2 million per year to the London economy.
The apartments offer 24-hour concierge service, a residents’ lounge, nearby commercial and retail including shops, bars, cinemas and even a gym. There are also gorgeous rooftop gardens which offer access to Buckingham Palace’s beautiful view. The bold contemporary feel is the end result of a collaboration between notable architecture practices such as PLP Architecture, Benson & Forsyth and Lych Architects.
As quality residential property in prime London has been outstripping commercial values, Land Securities is keen to deliver top-end residential property in Victoria. Experts have predicted that there will be price growth of 22.7% over the next five years in prime London, and with Victoria’s evolution into a top-notch residential destination; you could do worse than snap up a property in this part of town. After all, it borders high-value areas like Belgravia and Westminster, overlooks Buckingham Palace and is close to the lush green of St James’s Park. Of course there are the famously good transport links, making Victoria an extremely appealing place in which to live.
Make sure that you contact us for more information; after all: nothing of quite this scale and potential has been delivered in this part of the West End. The Nova Building will be a stunningly engineered statement building amid the splendidness of Westminster and apartments here would be a perfect home or investment for those looking to find the best London has to offer in SW1.