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18 Jun, 2024

Triptych Bankside sales forge ahead prior to general election

Triptych Bankside balcony with views of St Pauls

JTRE London’s landmark scheme Triptych Bankside has achieved nearly £16m worth of sales since the election announcement with the launch of four stunning new residences. Designed by prestigious interior designers Bergman & Mar and Lucarna at the landmark £450m Triptych Bankside development, which forms a striking curved new architectural icon overlooking the River Thames.

Contrary to previous pre-election market paralysis, Triptych Bankside has secured nearly £16m worth of sales, bucking the trend that the new home sales market has slowed down given the upcoming General Election. JTRE London has witnessed a surge in interest and offers from buyers since the General Election announcement.

Situated on the 11th floor of the development, the elegant and contemporary collection of residences include three three-bedroom apartments ranging from 1,379 sq ft to 1,528 sq ft and one two-bedroom apartment at 1,170sq ft. All benefit from an exceptional specification, with expansive curved balconies and spectacular views taking in landmarks from St Paul’s Cathedral and the City to the North, the Shard and Tower Bridge to the East, Tate Modern and Big Ben in the West, all the way to the Crystal Palace tower and the Surrey Hills in the South.

Triptych Bankside has been hailed as an ‘area defining scheme’, combining striking architecture by internationally renowned Squire & Partners with unrivalled specification homes, amenities and a first-class location. 

The wider estate also offers great amenities for residents with The Font, an Olympic-standard bouldering and gym facility, independent café The Swan at Triptych and the recent addition of Uncommon, a gourmet deli and coffee shop serving breakfast, lunch and a variety of cakes and bakes. 

Nigel Fleming, Joint Managing Director, JTRE London comments: “We are delighted with the recent surge in demand for homes at Triptych Bankside. With the announcement of the general election taking place on 4th July, we have seen a surge in interest and offers, reserving one of the four new show apartments within days.  The election is clearly seen as a positive and customers want to lock in today’s prices, given that with the election out of the way, inflation back to normal rates and interest rates set to come down, we are looking towards a stronger market.

With our unveiling of four new show apartments it was the perfect opportunity for us to showcase buying at Triptych means residents get far more than just a home, they become part of an exciting new destination in its own right, a vibrant place where live, work and play exist in harmony, while being moments from the best of what the area has to offer.”

The SE1 area represents a prudent investment opportunity for the future, with leading estate agency Savills giving a 17.4% 5-year price growth forecast from 2024-2028 and 7.2% rental growth forecast over the same period for the Bankside area. These prospects are being boosted by the arrival of exciting major new projects including Bankside Yards, Mandarin Oriental, 18 Blackfriars Road and the new LSE Bankside House, further cementing the area’s credentials as a vibrant destination where you can live, work and play in balance.