What does £1,000,000 buy in London?

Being a millionaire, and owning a property with 7 digits in the price tag is the dream of many and the reality for a few of us.

When the luxury benchmark of 1 million pounds is finally reached, and the excitement of buying a 1 million pound property is rising, let’s see what the real estate market can offer within this budget.

From grand family homes in the countryside to relatively small apartments in Chelsea, the selection is wide, and depending on the area of the country (among other criteria), the type of properties available within this budget varies dramatically.

Real estate outside London is usually priced lower than similar properties in the capital, so we concentrate our interest in London as the most desirable area.

Unfortunately, even 1 million pounds in the capital will not get you a luxury penthouse (spread over the top floor and with a separate entrance) next to Harrods. However, a 1 bedroom luxury apartment in Knightsbridge is still possible to find. Alternatively, for the same money you can opt in for a much larger modern 2-bedroom flat, with magnificent views on the river near the City, or become a proud owner of a cosy and spacious family house, with a garden and roof terrace, in desirable postcode of Zone 3.

Whether you decide to choose a spacious family house in Zone 3 or beyond, or a one bedroom luxury flat in Mayfair, with correctly selected properties in London your 1 million pounds will be very well-invested.

Here we have sourced some examples of what £1,000,000 can purchase you in London.

You can always contact us by telephone on +44 (0)20 7907 1460 or via email to request detailed information about the properties, arrange a viewing, or ask questions.

Admirals Tower, 8 Dowells Street, London, SE10 £998,000

Two bedroom luxury apartment with incredible panoramic views across the river Thames and the famous landmarks of London.

The property is with the New Capital Quay development just a short walk from the Cutty Sark DLR and Greenwich Mainline station for easy access to Canary Wharf and the City.

The property comprises of a large open plan integral kitchen, floor to ceiling windows leading to a large wrap around balcony which runs through to the bedrooms, truly stunning views and huge amounts of light come through to the living space.

Master bedroom with fantastic river views, built in wardrobes and a perfectly finished ensuite shower room. Second spacious double bedroom with further London landmark views and built in wardrobes. High specification family bathroom with mirrored cabinets.

The apartment also benefits from one underground allocated car park space, concierge and Waitrose.

Lennox Gardens, London, SW1X £1,000,000

Presented over the lower ground floor of a stunning period conversion, this spacious one bedroom flat offers exceptional accommodation in a prestigious Chelsea garden square “Lennox Gardens”.

The flat has been recently refurbished to a very high standard, with a modern kitchen, bathroom and wooden floors.

The flat has access to a lovely and well maintained communal garden.

Cobbold Mews, London, W12 £999,950

Victorian terraced house near Shepherd’s Bush Market.

The property comprises of three bedrooms, reception space, two roof terraces, kitchen diner, architect designed space and mews location also benefit this house.

Situated close to the corner of the charming Cobbold road, and the increasingly hip Askew Road this location is close to amenities but far from ordinary.

On your doorstep you will find excellent independent vintners, a Tesco's metro and the internationally renowned Ginger Pig butchers.

Cockfosters Road, Hadley Wood, Hertfordshire, EN4 £1,000,000

An extremely spacious and well presented 2 bedroom, 2 bathroom, 2 reception room top floor apartment built by Messrs Laing Homes.

This luxury apartment is situated within this exclusive development of only 7 apartments.

The accommodation comprises: Large reception room, Dining room, luxury fitted kitchen/Breakfast room with private balcony overlooking attractive communal gardens, Family room (which could be used as a further bedroom), Master Bedroom with Dressing room and en-suite bathroom, Bedroom 2 and family shower room. An added benefit is that there are multiple storage areas, which is ideal for the individual or family who appreciates uncrowded living.

Situated within a walking distance of approx 0.6 miles to Cockfosters tube station (Piccadilly line) as well as the local shops and restaurants of Cockfosters Parade. Trent Park is also within immediate walking distance.

There are well tended communal gardens surrounding this modern attractive block of apartments. The apartment is accessed via an electronic gated entrance with video entry phone system.

Two allocated underground parking spaces are located via a separate gated entrance. There is also a lift within the building to service all floors.

Southridge Place, London, SW20 £1,000,000

This 4 bedroom townhouse offers well proportioned accommodation over 3 floors with a garage, off street parking space, further visitors parking and a delightful rear garden, as well as 2 bathrooms (1 en suite), reception room, open plan kitchen/dining room, and a cloakroom.

The townhouse is conveniently situated for access to Wimbledon Village. Freehold.

Galen Place, Bloomsbury, London, WC1A £995,000

Offered chain free is this 2 bedroom 2 bathroom apartment in one of Bloomsbury s best locations.

The property is on the third floor of a secure development with lift and daytime porter.

The apartment features a bright living room, open plan kitchen, master bedroom with en-suite, second bedroom with separate shower room, central heating and storage.

Pied Bull Court is a very sought-after development across from the British Museum, in an exciting part of Bloomsbury with many bars, restaurants and shopping close by. Covent Garden, Soho, Fitzrovia, UCL, LSE and the West End are a short walk away. Holborn, Tottenham Court Road (Crossrail) and Russell Square tube stations are all very close.

Selsdon Way, London, E14 £1,000,000

Spread over the top two floors is this glorious 1300 sq ft penthouse apartment near Crossharbour station.

Affording direct views over Millwall Dock, this large apartment also comes with a fabulous roof terrace, two large reception rooms and two spacious bedrooms. All rooms offer views to the East or West and benefit from a good amount of natural light.

This rare to the market apartment includes an undercover car parking space and a 24hr concierge. City Harbour is a well located, fully private development seconds from Crossharbour DLR and a short walk from Canary Wharf. There are also an array of local restaurants, bars, shops and supermarkets within easy walking distance.

Share of freehold.

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