Area Focus - Chelsea
Published: 27 Apr 2013
Category: Area Focus
Considered the equivalent of New York’s Upper East Side or the 16th arrondissement of Paris, Chelsea is an upmarket neighbourhood with some of the most expensive property prices in the whole of the UK with an average price of residential property of over £1.3 million.
Two of the most famous roads in Chelsea attract thousands of shoppers every day of the year. King’s Road contains many of the shops that would be found in the high street such as Gap and LK Bennett, whereas Sloane Square is full to the brim of designer stores and jewellery boutiques including Cartier, Bvlgari, Tiffany & Co, Chanel, Jimmy Choo and Gucci.
It’s not just shopping that Chelsea is famous for, it also has some of the finest restaurants with cuisines from all over the world from North America to France to Japan. http://www.bestlondonrestaurants.co.uk/areas/chelsea/
Being such an exclusive area it is little surprise to find that some of the most famous names in showbiz are included amongst Chelsea’s residents. It is not uncommon to take a stroll down King’s Road and bump into Bryan Adams, Hugh Grant or Lily Allen. Past residents have included Mary Shelley, J.R.R. Tolkein and Ava Gardner.
Much of Chelsea and Knightsbridge is owned by Earl Cadogan which has led to it being a very complex market with many properties held under short leases from Cadogan as freeholder. Much of Chelsea is viewed as a "Global Ultra Prime Residential Area".
There are a number of open spaces in the area such as Albert Bridge Gardens, Battersea Bridge Gardens and Chelsea Embankment Gardens.
The Royal Hospital Chelsea is a retirement and nursing home for British soldiers who are unfit for further duty either because of injury or old age. The residents are affectionately known as “Chelsea pensioners.” The grounds are used for the world famous Chelsea flower show, held for five days each May.
Chelsea can be accessed from south of the River Thames by Chelsea Bridge, or by tube to Sloane Square (District and Circle lines) and Fulham Broadway (District line). There are three hospitals in the area, Chelsea and Westminster Hospital, Royal Brompton Hospital and Royal Marsden Hospital.
Situated just off of King’s Road is Stamford Bridge stadium, home of current European champions Chelsea Football Club.
One of the most significant London events of the year, particularly as far as Chelsea is concerned, is the RHS Chelsea Flower Show, which takes place over 5 days in May each year. The show has a significant impact on the temporary accommodation market within Chelsea and surrounding areas, with approximately 160,000 visitors attending the show during the 5 day period, as well as exhibitors and media. So make sure you book up early to avoid disappointment!
Cost of serviced apartments in the area:
Studio from: £127.86 + VAT per night
1 bedroom from: £142.14 + VAT per night
2 bedroom from: £275.00 + VAT per night
To view our selection of serviced apartments in Chelsea, follow the link below
Serviced Apartments in Chelsea