Chelsea Barracks Launches £15.5m Residence At 1 Five Fields Square In Belgravia

A design-led three-bedroom home by Albion Nord brings a contemporary interpretation to one of London’s most sought-after addresses.

Chelsea Barracks has revealed the latest residential offering within its landmark Belgravia development: a £15.5 million three-bedroom residence at 1 Five Fields Square, a newly completed building overlooking one of central London’s newest garden squares.

Designed by Eric Parry Architects, the building forms part of an exclusive collection of just 28 residences and two penthouses. Positioned around the landscaped Five Fields Square by Gustafson Porter + Bowman, the development continues Chelsea Barracks’ long-standing emphasis on low-density living and access to green space — increasingly rare qualities in Prime Central London.

The newly launched Residence 19 spans 2,731 sq ft and features interiors by British design studio Albion Nord, whose work draws inspiration from Chelsea’s rich artistic and cultural history.

A Layered Take On Contemporary Luxury

Rather than relying on overt grandeur, Albion Nord’s approach focuses on texture, craftsmanship and a carefully curated mix of old and new. Throughout the residence, natural materials are paired with antiques and bespoke furnishings, creating interiors that feel collected rather than decorated.

In the open-plan living and dining area, dark green wool wall coverings and velvet drapery establish a warm, cocooning atmosphere, while pale linen upholstery and handcrafted pieces soften the space. Bespoke joinery conceals a hidden bar complete with vinyl records and a gramophone, offering a subtle nod to Chelsea’s long association with music and counterculture.

Elsewhere, leather, alpaca, antique oak and brass detailing are layered throughout the interiors, reflecting a growing preference among luxury buyers for homes with personality and narrative rather than purely minimalist aesthetics.

Designed For Modern Living

The principal suite adopts a lighter, more tranquil palette, combining linen wall coverings, custom furniture and tactile finishes to create a calm retreat from the city beyond. Floor-to-ceiling glazing throughout the residence maximises views across Five Fields Square, reinforcing the connection between interior and landscape.

That relationship between architecture and nature is central to the wider Chelsea Barracks masterplan. Nearly 40 per cent of the site has been dedicated to public gardens and landscaped spaces, a contemporary interpretation of the traditional garden squares that have long defined London’s most desirable neighbourhoods.

A Milestone For Prime Central London

Chelsea Barracks

The launch comes as Chelsea Barracks celebrates a significant sales milestone, having surpassed £1.5 billion in transactions since welcoming its first residents in 2019. The development has become one of the capital’s most closely watched luxury residential projects, distinguished by its blend of British craftsmanship, architectural pedigree and extensive amenity offering.

As demand for thoughtfully designed homes continues to shape the upper end of the market, Residence 19 reflects the evolving priorities of luxury buyers: privacy, green space and interiors that feel deeply personal. In a city where new developments often compete on scale, Chelsea Barracks continues to make its case through refinement and a strong sense of place.

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