Is Penthouse Living For You?
This year is penthouse living at the top of everyone’s wish list?.
Never before has living it up been so appealing.
Of course, sweeping views, a serviced lifestyle and prime location come with the territory. So little wonder the super-rich are investing.
Earlier this year a penthouse in London became the most expensive property per square footage ever to be sold in the UK. With views of Buckingham Palace and Green Park, the 5,000 sq ft apartment in Mayfair sold for £25 million. Yes, the sky really is the limit in the penthouse market.
Estate Agents says our love of penthouses ‘stems from the New York versions we see in movies and on TV.
Celebrities are snapping them up across the globe. Taylor Swift has just purchased a swish one in New York, Facebook founder Mark Zuckerberg has invested in a penthouse in Tel Aviv, while One Direction’s Liam Payne resides in one in London.
‘Penthouses attract “empty-nesters” and high net‑worth customers as well as companies purchasing to accommodate their senior management teams.
Some of London’s most exclusive offerings are in the new Heron in the heart of the City, with inspiring views of St Paul’s Cathedral and down the Thames to the London Eye.
With prices in excess of £10 million, the properties come with plenty of luxurious features.
Penthouses on the upper floors boast a Bond-style indoor-outdoor room with retractable roof — good for unpredictable British weather. Polished marble floors, Boffi kitchens with top-of-the-range Gaggeneau appliances are de rigueur.
Owners of properties in the Heron have access to the private residents’ club with a bar, gym and screening room. And there’s a concierge service on hand to take care of chores, from booking theatre tickets to picking up your dry-cleaning.
In the North-West, the Unity Buildings, in Liverpool, won the Royal Institute of British Architects’ annual tall buildings awards in 2007. They offer views of the waterfront and city and benefit from 24-hour concierge service, a residents’ gym and private terraces.
The Hatbox penthouse in Manchester has large private balconies or terraces, high-spec interiors and dressing rooms. All are on the top floor with panoramic city views.
It’s not just ultra-modern buildings that are embracing lateral living. In York the Bonding Warehouse — a Victorian former customs warehouse — has been transformed into a top‑notch apartment building with penthouses.
State-of-the-art technology — including zoned Sonos music systems in every room, underfloor heating throughout and Miele appliances (wine coolers, steam ovens and built-in coffee makers) — are all part of the package.
There’s little doubt that apartment living is here to stay. For those with sky-high budgets, penthouses are simply the icing on the cake.
“It would be nice to be able to afford Penthouse living” says Greengates Builders Merchants Accrington, Lancashire.