London Property News
Off Market House In Mayfair and Belgravia
We are able to offer two exclusive off market houses in the most sought after areas of Belgravia and Mayfair. These two houses have been totally refubished to a high standard and available for viewing should you or your client be interested.
The prices are starting from £50m. call Simon on 07730484690 or email email@example.com
London Penthouse £60,000 per week
Looking for a penthouse to rent. Look at this interesting article in the Guardian. The capitals most expensive apartment but it does include the use of an Aston Martin
London Property 20th November 2013
Property prices in prime central London are booming. The potential for growth in prime central London is phenomenal and it is reported that property prices in Royal Borough of Kensington and Chelsea, and the City of Westminster will double by 2020. This is not unrealistic as we have already seen them double since the credit crunch in 2007.
Investing in prime central London property in these areas is and will be a fantastic investment whether it is for you to live in or to buy a rental investment property.
Furthermore by buying an "off plan" property you have the benefit of the property appreciating in value before it is completed. Many investors reserve and exchange on “off plan” properties and sell them before they complete making a tidy profit in the process.
Rental yields are good typically between 4-5% but it is the capital appreciation that is most attractive.
Whilst the familiar areas of Mayfair, Belgravia, Westminster, Kensington and Chelsea are recognised as the prime locations some have expanded this to include the South Bank with all the regeneration and iconic buildings that are being developed. Nine Elms, Europe’s biggest residential regeneration, is set to become a mini town of highly desirable properties, two new underground stations and the iconic Battersea power station in the middle of it all.
Prime central London property is also scarce and highly desirable so you need to ensure you enlist the help of a property specialist to ensure you find what you what.
Battersea Power Station Penthouse Evening 14th November 2013
I was invited to attend the Battersea Power station penthouse evening by the development company last night to show me and the other attendees the details of the last remaining penthouses of phase 1.
I was looking forward to the evening as this is to be one of the biggest residential development projects in Europe and also because I have grown up with the iconic building from being a small boy in London.
The evening started at 5pm and I arrive a little early so as not to miss anything. After checking in at the gate I and some other guests were picked up in a fleet of smart Range Rovers and taken to the marketing suite. On entry we were given champagne by some attractive waitresses and served some delicate canapés on extraordinarily long platters.
I chatted to Matthew Townend the Development Director who filled me in on the project and the plans over the next few years. This was interrupted by a young lady as we were being offered the opportunity to be hoisted up the outside of the power station in a metal cage. How could I refuse! Off I went up the side of the building and started to realise how big the thing actually is. This was not doing my vertigo any good!
Luckily the trip was quite speedy and we were taken back to the marketing suite for a presentation by Matthew.
I have to say that the development and vision is absolutely amazing. Of the 11 penthouses that were available in phase 1 only 6 remain. Everything else sold virtually in the first week of the launch. Most of these went to overseas buyers but I was informed that the second phase would be launched in the UK.
The apartments have been designed by Viscount Linley’s company Linley Interior Design and fitted with luxury brands. All of the penthouses offer roof terraces of between 700sq feet and 4300 sq feet.
The remaining Battersea Power station penthouses start from £10million up tom £21 million for the biggest. Feel free to contact me should you require more information on these
A good evening and an exceptional project. Phase two should be launched next year.