The redevelopment of Connaught House reflects a broader shift in London’s super-prime geography, as capital increasingly flows into heritage conversions in established residential enclaves amid tightening new-build supply in Prime Central London.
At a glance
- A former non-conformist chapel in St John’s Wood is being developed into five luxury apartments ranging from two to four bedrooms.
- Constructed around 1840 as the Connaught Chapel for the Congregational Church, the neoclassical building has since seen various iterations, including being used as a filming studio where Queen’s Radio Gaga was filmed.
- The new development joins other high-profile redevelopments in the leafy postcode, which is seeing interest from investors looking outside of prime central London addresses.
- According to the Coutts London Prime Property Index, St John’s Wood, Regent’s Park & Primrose Hill was the most active super prime area in Q4, 2025.
Constructed around 1840 as the Connaught Chapel for the Congregational Church, the neoclassical building has since witnessed various iterations, having been used as a carpenter’s workshop, events space, ballet school, squash court and film studio.
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While used as a film studio from the 1950’s to the 70’s, several well-known pop videos were made here – including Radio Gaga by Queen. Adding to the studio’s fame credentials, the famous music video to Dancing in the Street featuring David Bowie and Mick Jagger was edited at St John’s Wood Studios.
St John’s Wood Studios closed in the 1970s; however the building remained in use as film and TV studios until the 1990s.
Entering its newest phase, developer Valouran has confirmed that the 14,805 square feet former chapel is being sensitively redeveloped into five luxury apartments ranging from two to four bedrooms, ranging from 1,722 square feet to 4,510 square feet.
Owned by British investment firm Marcus Cooper Group, an investment, development and property trading group, architecture is being led by Darling Associates and interior design by Gunter & Co, with historic features woven in with state-of-the-art amenities.
Residents will have access to underground parking spaces and almost 4,000 square feet of gardens.
The Grade II-listed façade, defined by its Corinthian portico and columns, is one of the area’s more recognisable period structures elevating a leafy residential street moments from St John Wood’s High Street, Regent’s Park and Primrose Hill.
Preserving the historic building’s special interest and character, the project will also restore and enhance the dome-shaped cupola, which was removed in 1922.
“Connaught House will breathe new life into a prominent local landmark, transforming this historic building for a vibrant 21st-century future,” said Alex Michelin, CEO of Valouran.
Prices will start at £5,165,000 with the development set to launch later in 2026.
Fringing Regent’s Park, St John’s Wood in North West London is one of the capital’s sought-after luxury addresses with a growing portfolio of super-prime residential schemes capturing the attention of ultra-high-net-worth investors looking outside of traditional prime central London ( PCL) prestige postcodes.
The redevelopment of Connaught Chapel boosts the luxury credentials of a super prime postcode that had recently added historic military barracks to its inventory of ultra-high-end new homes with concierge services, wellness centres and curated residents’ spaces.
According to the Coutts London Prime Property Index, St John’s Wood, Regent’s Park & Primrose Hill was the capital’s most active super prime area in Q4, 2025 and evidence of London’s luxury boundaries reconfigurating.
Investor notes: At £5m-plus pricing, the scheme tests whether St John’s Wood can consistently command values traditionally associated with core PCL addresses.
