As one of the most sought-after areas in London, homes for sale in Mayfair feature some of the most famous and historic streets within the capital and a thriving property market with extravagant liveability at its core.
From high-end shopping on Bond Street and stylish designer shops on Sloane Street to independent boutiques dotted around Mayfair, this neighbourhood is one of the best areas for shopping in all of London. There are even historic auction houses, such as Phillips and Sotheby’s, which are known for selling rare antiques and collectibles.
The famous Oxford Street is also located to the north of Mayfair, with Regent Street to the east and Piccadilly to the south. The world-famous London store, Harrods, is also located nearby, and trendy Soho is next door with a bustling nightlife and thriving food scene.
Mayfair itself has a range of world-class eateries and bars and is even home to a whopping 20 Michelin starred restaurants, including Sketch and Nobu. Gordon Ramsay’s Bar & Grill is also located in the district.
This thriving neighbourhood has a range of premium pubs and plush hotel bars and cocktail lounges as well, providing a thriving nightlife right on the doorstep. Some of the most well-known high-end bars are CircusXO and The Donovan Bar.
Mayfair is located within the brough of the City of Westminster and is situated in the West End. The district boasts a village feel while still being close to some of the most popular cultural and historical attractions in all of London.
Mayfair’s attractive location provides easy access to some of the best parks and garden squares in the capital, including Hyde Park, St. James’s Park and Green Park. It’s also situated near Buckingham Palace, Marble Arch, Piccadilly Circus and Trafalgar Square, in addition to the West End Theatre District.
The heart of Mayfair is located only one mile from the University of Westminster. And the neighbourhood also plays host to a number of corporations and offices, providing a wide range of employment opportunities right in the district. There are various international embassies located there, including that of Canada and Italy.
Mayfair is a burgeoning commercial district with many businesses moving their headquarters into former homes and newly renovated offices. This is making it a particularly attractive area for affluent renters and overseas buyers and investors.
Situated within Zone 1, Mayfair is extremely well connected by tube, train and bus. There are five nearby tube stations, including Green Park, Bond Street, Hyde Park Corner, Oxford Circus and Piccadilly Circus.
It’s covered by a range of different lines on the underground, such as the Central, Victoria, Bakerloo and Piccadilly lines.
Additionally, there are three nearby train stations, Paddington, Victoria and Marylebone, all of which are within less than two miles from Mayfair. These provide connections to other parts of London and areas across Great Britain.
Commuting to many parts of London and having quick access to other culture and leisure offerings is all possible from Mayfair, making it an extremely desirable place to live in Central London.
Mayfair is predominantly located in the W1J postcode. It’s an extremely affluent area with an average house price of £3,388,603, according to Rightmove data.
As a relatively small district with only about 4,000 homes, Mayfair is an exclusive and glamorous neighbourhood, and naturally, demand continues to outweigh supply. A diverse international population continues to be attracted to this part of the capital.
With iconic red brick mansions and elegant Georgian townhouses, Mayfair has some of the most famous and historic streets in London, which are particularly desirable to live on. This includes Grosvenor Square, Berkeley Square and Park Lane, which is featured on the Monopoly board.
While there are numerous historic homes across the district, there are spacious, contemporary purpose-built apartments that are being brought forward, perfect as rental properties for professionals and couples.
Many international property investors view Mayfair as one of the most exciting places to invest in the capital. As part of London’s super prime rental market, the thriving area has experienced increasing demand for high-end, luxurious properties, which is causing rents to rise.
With its location in the City of Westminster, Mayfair is seeing rental yields higher than the average for Prime Central London. Research by Chestertons revealed that investors in the areas of Westminster and Pimlico earned a gross yield of 3.5% on average at the end of December 2021, providing strong investment opportunities.
As an exclusive neighbourhood of London packed full of attractions, facilities and amenities, Mayfair’s property market is expected to see further growth in the coming years. And with the area’s prestige, interest from international investors is expected to remain strong.
Are you looking for homes for sale in Mayfair, London?