London Property South August 2017 by TypeStart Ltd

LONDON PROPERTY

HOMES AND MODERN LIVING

AUGUST 2017

SPLASHOUT! Home in on a cool pool

LITTLE CHELSEA The before and after story

Location, locationâ&#x20AC;¦ Does that mantra still hold true? South Cover.indd 1

COUNTRY from page 107

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An impressive central skylight creates a bright and airy living space.

Matching people and property in London for over 160 years.

www.marshandparsons.co.uk

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LONDON PROPERTY

PUBLISHING Publishing Director Alison Hurcombe 07718 982736, ahurcombe@londonpropertysouth.co.uk

Your Local Letting & Management Specialist

EDITOR Jane Stevens, a journalist who has worked for many national and regional magazines, has been a stylist, writer and editor covering a diverse range of subjects including fashion, food, travel, interiors and property. jstevens@londonpropertysouth.co.uk DESIGN & PRODUCTION TypeStart Dan Thompson 01536 418181, southpr@typestart.co.uk www.typestart.co.uk SUBSCRIPTIONS info@londonpropertysouth.co.uk HEAD OFFICE The Studio, 370 Old York Road, London SW18 1SP CONTRIBUTORS Jenny Knight is an award-winning journalist, specialising in property and education. During her long career she has written news and features for nearly every national paper. Duncan Farmer is an experienced journalist specialising in finance, business and property. Duncan writes for a wide range of newspapers including the Daily Telegraph, Sunday Times and Mail on Sunday. See his Finance report.

London Property South is a monthly magazine distributed to AB homes in: Battersea, Wandsworth, Earlsfield, Southfields, Streatham, Clapham, Balham, Tooting, Kennington, Putney, Wimbledon, Coombe Hill, Barnes, Dulwich Village, East/ West Dulwich, Camberwell, Herne Hill, as well as being available from leading South London and Country estate agents. Distribution by Regal. Copyright @ 2015 London Property South. All rights reserved. Reproduction in whole or in part without written permission is strictly prohibited. Materials are accepted on the understanding that no liability is incurred for safe custody. All prices are correct at time of going to press, but are subject to change. London Property South cannot be responsible for unsolicited material.

ONTHE COVER Cover image of furniture from the Skagaarden Oxno Collection courtesy of www.houseology.com

Find us on...

Letting and managing properties locally since 1993 Balham:

Battersea:

80 Balham High Rd Balham SW12 9AG

134 Northcote Rd Battersea SW11 6QZ

020 8675 5050

020 7978 4404

Visit our website to see the reviews

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40 Old Town SW4 – £770 per week A charming four bedroom flat in Clapham Old Town. The flat comprises of a bright reception, a lovely eat in kitchen, four double bedrooms, one bathroom with a shower, a further shower room and small shared patio area. EPC-F

Boundaries Road SW12 – £515 per week A spacious three bedroom flat on a residential road close to the High Street and transport links. This flat features a modern fitted kitchen, a separate reception room, three double bedrooms, a study and a great private roof terrace. EPC-D

108 Smiths Yard SW18 – £395 per week A recently refurbished two bedroom flat near Earlsfield station. The flat has an open plan reception with modern fitted kitchen and Juliette balcony, a master bedroom with an ensuite, a second bedroom and a further bathroom. EPC-C

For advice on letting your property please contact your local office: Clapham:

Earlsfield:

1 The Polygon Clapham Common SW4 0JG

370 Garratt Lane Earlsfield SW18 4ES

020 7720 5588

020 8879 6205

www.PalaceGateLettings.com

AUGUST ISSUE 5

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Q&A

GIVING A UNIQUE PERSPECTIVE ON BUYING, RENTING AND SELLING HOMES.

ASKTHEEXPERT

Five ways to turn oﬀ potential buyers? Tom Floyd, Sales Manager Winkworth Kennington Vendors being in the property during a viewing. Although you may be the most welcoming vendors and even if you are baking bread and making coffee, buyers are still going to find it awkward. Vendors also tend to over-sell their house, which is not helpful. Leave viewings to your trusted agent as we know what we are doing.

Untidy tenants. This can make viewings very difficult, but I realise that most vendors don’t want to give up their monthly rental income. I would suggest vendors pay for a cleaner to come around to the property on a weekly basis.

Cluttered rooms. This really puts buyers off, as they want to see the property in its best light. It doesn’t take much effort to clear out rooms that are cluttered and it is definitely worth doing.

Overgrown or bland outside spaces. Whether you are buying a house or a flat, outside space is a huge selling point. Make sure your garden is not overgrown and make a feature of it. It is simple to get instant impact plants from your local garden centre. Likewise, with a roof terrace or balcony; make it look attractive and appealing.

Poor maintenance of building exteriors. First impressions are everything, so make sure the front of the building is looking its best. You will be amazed at the difference a newly painted front door makes to the property’s appearance.

Ultimately you have put your property on the market to sell, so follow the above and leave the rest to us.

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Inside NEWS & VIEWS 6

Ask the Expert. Tom Floyd considers turn-offs for potential buyers

Home Front. Location needn’t be the prime factor in a house search, suggests Jenny Knight

Prime Property. A unique double-fronted family home between the Commons

The Word. Robert French advises against getting bogged down in conflicting property headlines

Heads-up. Agencies raise funds for charity, new appointments and more

Word on the Street. POA – is it more likely to deter or entice buyers?

Ask the Local. James Morrison of Savills highlights Southfields

Money Matters. Duncan Farmer asks if mortgage lenders have a heart

Secret Agent. Bryony Walters of Sheraton Law revealed

Events – 5 of the best things to do around SOUTH

HOME 30

The Trend. Let it grow

Home Hot List. The ups and downs

The Project. A neglected terraced house in Barnes rescued by two architects

ON THE MARKET

BURNLEY ROAD, STOCKWELL, SW9 £1,595,000 FREEHOLD

Home Compare. Homes with a pool

EXCLUSIVE. Three properties set to impress

NEW HOMES. Alex Greaves of Marsh & Parsons highlights the demand for new homes in south London

South West London. Five desirable homes

Robert Holmes Wimbledon. A new luxury family home in Wimbledon Village

Robert Holmes Coombe. An imposing Grade II listed Manor House in South Wimbledon

South East London. Two different styles of family home in Dulwich.

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Lettings Lowdown. Giles Barratt of Knight Frank Riverside considers the changing dynamic in the market

This beautifully presented four bedroom, early Victorian family house is set over four floors with a wonderful garden. The property is in excellent decorative order throughout with charming period features. Burnley Road is located just off Stockwell Road within a short walk to Stockwell Station.

COUNTRY

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A picturesque, modernised, eight-bedroom home set in a beautiful garden in Esher

110

Rustic and contemporary combined in a family home near Cobham

Decoration | EPC Rating D

Winkworth Kennington | 020 7587 0600

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Last Word. Laura Wilcox-Chandley of Marsh & Parsons has the last say

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HOMEFRONT Gentriﬁcation has reached a critical mass in south west London, says Jenny Knight, so that the mantra ‘location, location, location’, is no longer all important

bedrooms for an extra few minutes on gents report that nowadays the underground.” buyers are happy to be At one time there were areas where introduced to new areas they many people would not consider living hadn’t planned on living in. – incredibly Balham and Brixton were Darren Baker, Group Sales Director two such. at Lauristons, says: “Quite frequently Darren adds: “Most of south west people register with one office and London is now gentrified and access buy in another area. For that reason to Central London provides purchasers we network our offices together so with far more options. One of our that the sales team in one office New Homes developers instructed have access to applicants across the us to act for them branches. on a development “Maybe someone of houses and flats has aspirations to in Raynes Park, live in a more central several of which London location were ultimately sold but find themselves to applicants who slightly underwhelmed had registered with by what their budget our Battersea and will buy. They may Balham offices. When then consider moving we showed them further along the Darren Baker, Lauristons they could get a fourtrain or tube line they bedroom townhouse require for commuting with a private garden overlooking to secure a property in keeping with or school playing fields, instead of a twoexceeding their expectations. bedroom flat they were more than “They may be looking for a onehappy to move two stops down the bedroom flat and are pleasantly train line.” surprised to find they can afford two

h for a mews! Apart from his ‘writing’ shed in Great Missenden, Buckinghamshire, Roald Dahl found his inspiration for The Witches and Matilda in Turnchapel Mews, between Clapham Common and Battersea Park. From 1982, the author lived below Number 8 (‘his little piece of London’) which is the top floor of four terraced mews houses in a private gated and cobbled courtyard. The 4,077 sq ft apartment provides five bedrooms, three bathrooms, a loft-like, peaked ceiling kitchen/breakfast room, expansive dining and drawing rooms, a 90ft terrace, as well as private parking for two cars. There’s also a self-contained studio apartment, with kitchen/ dining room, sitting room, shower room and guest WC – perfect for older children, elderly relatives, housekeepers or as a private rented apartment. For sale through Russell Simpson for £3.95m, 020 7225 0277 or www.russellsimpson.co.uk

HOMES

“Quite frequently people register with one oﬃce and buy in another area”

£3,375,000

his unique, detached and double-fronted family house, a shade under 4,000 sq ft was constructed in 2011 with a replica Victorian frontage and exacting contemporary finishes. It occupies a sizeable and exclusive plot between the commons with electric gated off-street parking and large wrap-around garden. It has been meticulously designed with state-of-the-art technology and is close to excellent schools, transport links and the superb shopping and restaurants of both Northcote and Bellevue Roads. The house is ideal for a growing family with five spacious bedrooms, four bath or wet rooms and three generous and separate living areas in addition to a sizeable kitchen/ dining room. Rusham Road, SW12 John Thorogood 020 7228 7474

PRIME PROPERTY 8

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THE WORD Robert French, Partner and Oﬃce Head, Knight Frank LLP, says don’t be alarmed by the bigger picture

OUTOF TOWNBUY...

Guide price £675,000 After more than 25 years, the owners of Old Smith’s Yard in the sought-after village of Geddington have decided to move on. This very private, secluded family home – a short walk from the centre of the village – offers a clever combination of the best of contemporary design with original features, including exposed timbers and stonework. There’s a huge amount of flexible space (5/6 good-sized bedrooms, 4 bath/shower rooms and 3/4 large reception rooms) to suit a growing family.

will out-perform others. So, much in the s it possible to get too bogged down same way that architecture, amenities and with property news in the media? Whilst demographic will change from one postcode I am mindful of the irony when using a to another across the capital, so will pricing platform such as London Property Review trends, demand and supply. South to talk about this, property news Providing that we are is becoming ever more Henderson Connellan 01536 417888 mindful of wider market prominent in the mainstream forces rather than obsessed media. We are a nation of homeowners after all. The by them, it is my opinion remarkable, and in some that our local market will cases worrying trend, is how continue to trade predictably one article can completely and at healthy levels; juxtapose another leading at a time when to a somewhat clouded other postcodes Alexander Pope The Brewers Inn message. would love to 145-147 East Hill, When there is a national boast of a Wandsworth, SW18 2QB similar robustness. broadsheet with a sensationalist headline www.brewersinn.co.uk Knight Frank has of “Market growth slows by 4%”, it can be 31 offices in London just as accurately interpreted as “London Where? Located on the corner of St and 411 globally, Housing Market growth at 2% through Q1”, Ann’s Hill and East Hill in the heart of operating in but of course one of those headlines is likely Wandsworth opposite the Council offices. all of the key to sell more papers, or get a higher click What’s it like? A very friendly and residential and through rate. welcoming local pub that also features a commercial There is a famous quote from Alexander 16-bedroom hotel, a lovely modern restaurant markets around Pope “A little knowledge is a dangerous and basement cellar bar. There is also a the world. This thing. Drink deep or taste not.” secluded outside garden area. It’s an ideal network allows So the questions are; when considering venue for dining, hosting meetings or for just us to capture supposed market knowledge, how do you drinks with friends. information best verify the source? And importantly, first hand and, how much of an effect does a pan London And the food? Mainly English, always through our statistic actually have on the local market in cooked to perfection. The Sunday roasts award-winning which we deal and live? are superb – if you are especially hungry research team, I believe it is now impossible to comment (or brave) try the Chef’s Roast. It’s a mix John Chase analyse for trends on the entire of the London market with of beef, chicken and pork with all the Director, and forecasts with one broad brush stroke. There are pockets, trimmings and outstanding value at First Union unrivalled clarity. whether geographical or financial, that £20. After the roast you might struggle with the pudding but the warm chocolate brownies are to die for!

“A little knowledge is a dangerous thing. Drink deep or taste not.”

BEST BITES

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Aliwal Mews, SW11 £1,250,000 An An immaculately immaculately presented presented four/five-bedroom four/five-bedroom house house set set over over almost almost 2,000 2,000 sqft, sqft, with with excellent excellent living living space space and and located located in in this this quiet quiet mews mews moments moments from from the the Northcote Northcote Road Road and and Clapham Clapham Junction. Junction. EPC=C EPC=C •• Five Five bedrooms bedrooms •• Two Two reception reception rooms rooms •• Three Three bathrooms bathrooms •• Terrace, Terrace, garden garden and and balcony balcony

Battersea Sales: 020 8033 9041 sales.bat@marshandparsons.co.uk

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Rectory Grove, SW4 £1,799,950 A large period family house situated on a prime residential street in the heart of Clapham Old Town, only a short walk from the open spaces of Clapham Common. EPC=C

• Four bedrooms • Three bathrooms • Terrace with garden • Residents’ parking Clapham Sales: 020 8033 9046 sales.clp@marshandparsons.co.uk

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Charles Baker Place, SW17 ÂŁ1,645,000 A modern four-bedroom house, finished to an exceptional standard, with plenty of outside space and set in a desirable location. EPC=D Balham Sales: 020 8033 9039

sales.bal@marshandparsons.co.uk

Sarsfeld Road, SW12 ÂŁ1,600,000 A five-bedroom family home with a modern finish and a large private garden, situated in a sought-after location between andsworth Common and Balham igh treet. EPC=E Balham Sales: 020 8033 9039 sales.bal@marshandparsons.co.uk

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Lonsdale Road, SW13 ÂŁ7,500 pcm An impressive and contemporary six-bedroom family house, beautifully finished with a large private garden and off-street parking, set in a highly sought-after Barnes location. Barnes Lettings: 020 8033 9040 lets.bar@marshandparsons.co.uk

Ducie Street, SW4 ÂŁ850 pw A superbly refurbished four-bedroom house, beautifully arranged over three floors and ideally located between Brixton and Clapham. EPC=D Brixton Lettings: 020 8033 9042 sales.brx@marshandparsons.co.uk

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MATCHING PEOPLE AND PROPERTY PERFECTLY We pride ourselves on delivering the best service to our clients; whether using our leading research for a better understanding or market trends or the local expertise of our property agents. Contact us today on 020 8022 1358 to arrange a free market appraisal or visit KnightFrank.com/wimbledon Guide price: £2,295,000

Kings Road, Wimbledon SW19 An attractive detached Victorian house set out over three floors, offering excellent space thoughout and retains some original period features. 5 bedrooms, 3 bathrooms, 3 reception rooms, kitchen/breakfast room, WC, patio, garden, off street parking. EPC: F. Approximately 245.2 sq m (2,639 sq ft). wimbledon@knightfrank.com Office: 020 8022 1358

@KF_SWLondon KnightFrank.co.uk

Guide price: £4,250,000

Home Park Road, Wimbledon SW19 A beautiful detached house on a sought after road with spectacular views over Wimbledon Golf Course. 6 bedrooms, 4 bathrooms, 3 reception rooms, kitchen/breakfast room, conservatory, utility room, eaves storage, garden, off street parking. EPC: D. Approximately 405 sq m (4,365 sq ft). wimbledon@knightfrank.com Office: 020 8022 1358

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Property Rev South - Aug 2017 - Wimbledon

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A VERY IMPORTANT DECISION We pride ourselves on exceptional service and unrivalled market knowledge, with a global network of 417 offices across 58 countries that can showcase your property to the widest possible audience. To arrange for a free market appraisal, please call us on 020 3641 5936 or visit KnightFrank.co.uk/Battersea

Guide price: £799,999

The Bridge, SW11 A spacious and well presented 2 bedroom apartment on the second floor, with lift access, concierge, and balcony views towards Battersea Park. 2 bedrooms, 2 bathrooms, kitchen/living room, balcony. EPC: B. Approximately 98 sq m (1,055 sq ft) Battersea@knightfrank.com Office: 020 3641 5936

@KF_SWLondon KnightFrank.co.uk

Guide price: £925,000

Primrose Mansions, Prince of Wales Drive, SW11 Situated on the second floor of this popular Victorian mansion block, this 1 bedroom flat has sweeping views of Battersea Park from both the reception room and bedroom. 1 bedroom, 1 bathroom, kitchen, living room. EPC: C. Approximately 62.9 sq m (677 sq ft) Battersea@knightfrank.com Office: 020 3641 5936

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PRS August Issue 2017

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A VERY IMPORTANT DECISION We pride ourselves on exceptional service and unrivalled market knowledge, with a global network of 417 offices across 58 countries that can showcase your property to the widest possible audience. To arrange a free market appraisal, please call us on 020 8022 6116 or visit KnightFrank.co.uk/clapham Guide price: £1,295,000

Wingate Square, Clapham SW4 A stylish penthouse apartment with a private roof terrace in the heart of Clapham Old Town. 2 bedrooms, 2 bathrooms, reception room, open plan kitchen, dining room, roof terrace, 2 underground parking spaces. EPC: C. Approximately 108 sq m (1163 sq ft). clapham@knightfrank.com Office: 020 8022 6116

@KnightFrank KnightFrank.co.uk

Guide price: £995,000

Altenburg Gardens, Battersea SW11 An elegant three bedroom, first floor apartment situated within a handsome Victorian conversion close to Clapham Common. 3 bedrooms, 2 bathrooms, reception room, kitchen, dining room. EPC: D. Approximately 107.86 sq m (1161 sq ft). clapham@knightfrank.com Office: 020 8022 6116

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Property Review South Sales - Aug 2017 SALES

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Butlers Wharf Building, Shad Thames An immaculate river fronted, warehouse conversion for sale A beautiful penthouse apartment in this historic development with incredible views across Tower Bridge, the City skyline and The Shard. Featuring 4 bedrooms, kitchen, reception/dining room, 3 bathrooms, parking and balconies. EPC: C. Approximately 3,072 sq. ft. (285 sq m). Leasehold

Guide price: £6,250,000

KnightFrank.co.uk/towerbridge towerbridge@knightfrank.com 020 7768 0807

@KnightFrank KnightFrank.co.uk

KnightFrank.co.uk/TWB170022

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Property Review South July 2017 - crop

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LOOKING TO RENT YOUR PROPERTY? We pride ourselves on exceptional service and unrivalled market knowledge. With a global network of 411 offices over 59 countries we can showcase your property to the widest possible audience. If you are considering renting your property this year, please contact us on 020 3641 7650 or visit KnightFrank.co.uk/wimbledon

Guide price: £12,000 per calendar month

Parkside Avenue, Wimbledon SW19 Beautiful Edwardian detached family house opposite Wimbledon Common. 5 bedrooms, 3 bathrooms, 4 reception rooms, kitchen/breakfast room, rear garden, terrace and gated off street parking. EPC: E. Approximately 350.2 sq m (3770 sq ft) wimbledonlettings@knightfrank.com Office: 020 3641 7650

All potential tenants should be advised that as well as rent, an administration fee of £276 and referencing fees of £48 per person will apply when renting a property. Please ask us for more information about other fees that may apply or visit KnightFrank.co.uk/tenantcharges

@KnightFrank KnightFrank.co.uk

Guide price: £3,000 per calendar month

Copse Hill, West Wimbledon SW20 Brand new apartment within this exclusive development. 2 bedrooms, 2 bathrooms, reception room with dining area, 2 terraces, communal garden, gym and library and underground parking. EPC: B. Approximately 97.9 sq m (1054 sq ft) wimbledonlettings@knightfrank.com Office: 020 3641 7650

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Property Review South - August 2017

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Riverside One, SW11 A luxury four bedroom lateral apartment to rent Formally two flats, this sumptuous apartment has been skilfully merged with no expense spared to create a peerless apartment in excess of 4,000 sqft. The vast reception room has floor-to-ceiling windows overlooking the Thames with four large sliding doors giving the space an open and airy feel. It also benefits from a working bar, top-grade audio visual system, comfortable seating and separate dining area with views of the stunning Albert Bridge. Approximately 391 sq m (4,210 sq ft) Available furnished

KnightFrank.co.uk/lettings riversidelettings@knightfrank.com 020 3597 7680

Guide price: £5,750 per week KnightFrank.co.uk/RIQ269506 All potential tenants should be advised that as well as rent, an administration fee of £276 and referencing fees of £48 per person will apply when renting a property. Please ask us for more information about other fees that may apply or visit KnightFrank.co.uk/tenantcharges

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PRS Lettings August 2017

@KF_SWLondon KnightFrank.co.uk

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12/07/2017 12:44:58

MOVE FASTER To find out how we can help you please contact us KnightFrank.co.uk/battersea

battersealettings@knightfrank.com 020 3551 4456

Guide price: £650 per week

Sky Gardens, Nine Elms SW8 This property is located on the 33rd floor, and has been furnished immaculately throughout. The master bedroom benefits from built in storage and an en suite bathroom. There is also an additional bedroom and bathroom in the property. There is a winter garden just off the open plan reception and kitchen area. Approximately 67.9 sq m (731 sq ft) battersealettings@knightfrank.com Office: 020 3551 4456

@KF_SWLondon KnightFrank.co.uk

Guide price: £765 per week

Candahar Road, SW11

This terraced house benefits from four bedrooms, 2 bathrooms, a large reception room and a separate kitchen with a dining area. There is a private garden/patio area out the back of the property. This property is available now and comes unfurnished. Approximately 139 sq m (1,497 sq ft) battersealettings@knightfrank.com Office: 020 3551 4456

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PRS Lettings August Issue 2017

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12/07/2017 11:32:58

LOOKING TO LET? We pride ourselves on exceptional service and unrivalled market knowledge, with a global network of 417 offices across 58 countries that can showcase your property to the widest possible audience. If you are considering letting a property this year, please contact us on 020 8022 6119 or visit KnightFrank.co.uk/lettings

Guide price: £925 per week

Culmstock Road, Battersea SW11 An end of terrace family home offering an excellent sense of light and space in Between the Commons. 5 bedrooms, 2 bathrooms, double reception room, kitchen/breakfast room, garden, terrace. EPC: D. Approximately 183.95 sq m (1,980 sq ft). claphamlettings@knightfrank.com Office: 020 8022 6119

@KF_SWLondon KnightFrank.co.uk

Guide price: £575 per week

The Library Building, Clapham SW4 This immaculate apartment benefits from a private roof terrace offering stunning views over London. 2 bedrooms, 2 bathrooms, kitchen/reception room, roof terrace. EPC: C. Approximately 73 sq m (786 sq ft). claphamlettings@knightfrank.com Office: 020 8022 6119

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Property Review South August 2017 - Lettings

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savills.co.uk

TYNEHAM ROAD, SW11

MELODY ROAD, sw18

Reception room ø kitchen/breakfast room ø study ø 3 bedrooms ø family bathroom ø garden ø 107 sq m (1,153 sq ft) ø EPC=E

Open plan kitchen/breakfast room ø master bedroom ø further double bedroom ø bathroom ø utility room ø cloakroom ø large garden with rear access ø 83 sq m (895 sq ft) ø EPC=C

Guide £899,500 Freehold

Guide £865,000 Share of Freehold

Savills Battersea Bridge jhollins@savills.com 020 3402 1900

Savills Wandsworth dzendra@savills.com 020 3428 2222

NORTHCOTE ROAD, SW11

PRIMROSE MANSIONS, sw11

Reception room ø open plan kitchen/dining room ø master bedroom ø further double bedroom ø bathroom ø paved garden ø separate wc ø 78 sq m (847 sq ft) ø EPC=D

Reception room ø kitchen ø bedroom ø shower room ø balcony with views over Battersea Park ø 48 m sq (517 sq ft) ø EPC=E

Guide £850,000 Share of Freehold

Guide £625,000 Share of Freehold

Savills Northcote Road dzendra@savills.com 020 3428 2222

Savills Battersea Park adpeck@savills.com 020 3402 1900

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savills.co.uk

A STUNNING EARLY EIGHTEENTH CENTURY FAMILY HOME archway house, sw4 Entrance hall ø 6 reception rooms ø kitchen ø 6/8 bedrooms (4 en suite) ø 103ft x 51ft landscaped garden ø secure off street parking and double garage ø views across the common ø 690 sq m (7,433 sq ft) ø EPC=E

Guide £7.85 million Freehold

Savills Northcote Road Robin Chatwin rchatwin@savills.com

020 3428 2222

A STUNNING, FULLY EXTENDED FAMILY HOUSE LOCATED ON A POPULAR ROAD IN WANDSWORTH melody road, sw18 Double reception room ø family room ø dining room/ kitchen ø master bedroom suite ø four further double bedrooms ø further family bathroom ø shower room ø cloak room ø utility room ø 226.6 sq m (2,439 sq ft) ø EPC=D

Guide £1.85 million Freehold

Savills Wandsworth Sarah Barratt sbarratt@savills.com

020 8877 1222

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HEADS-UP W

hile Savills’ south west London offices have helped to raise £65,000 for the Royal Trinity Hospice.The offices have supported the Royal Trinity Hospice in Clapham for over 20 years and at this year’s annual garden party alone raised over £65,000. The event is held in the grounds of the hospice next to Clapham Common, with drinks and canapés on the lawn and a live band. This year guests were also given a touching insight into the importance of the work that the hospice does thanks to a speech by the wife of a man who had been cared for by the charity during his last days. There was also an auction. Highlights included an eight-course dinner cooked in your home by a professional chef, which raised nearly £5,000 alone. Throughout the evening Savills agents organised games to raise extra money. Robin Chatwin, head of south west London residential, says: “Having worked with the Royal Trinity Hospice since the mid-90s we have seen how invaluable

their work is to the local community. The care they offer to allow individuals to live their final days with dignity is incredibly important, but also the work they do with patients’ loved ones is just as essential. Through our time spent at the hospice it is clear that it is a reassuring and comforting place for families to spend time during very difficult periods of their lives. We are delighted to have been able to support the hospice for so many years and hope to continue to do so for many more to come.”

F ITALLHELPS

night Frank Wimbledon enjoyed the June heat wave, supporting two local charities. They have been supporting the Wimbledon Guild for over 15 years and this year continued sponsoring the Dog Show at the Wimbledon Village Fair. They also ran a ‘Guess the Sales Price’ competition, plus a drawing one for children. The following day saw the team rowing to glory (well fourth place!) in the annual Dragon Boat Race for the Momentum charity which offers support to children and their families with life-changing illnesses. Knight Frank was the main sponsor. At Knight Frank Wandsworth, they continue to sponsor both the Bellevue Street Party and Cicada Road Street Party.

oxtons has become one of the main sponsors of UK Social Mobility Awards. Launched by Foxtons charity partner Making The Leap, a London-based charity improves social mobility by raising the aspirations of young people from disadvantaged backgrounds. The UK Social Mobility Awards, now in its first year, recognises and celebrates the efforts of the people and organisations who embed social mobility within their business procedures. Foxtons is sponsoring the Rising Star category, which recognises those who are still in the early stages of their career (30 years or under), who have already made a significant contribution to advancing the cause of social mobility. The winners will be announced at a Gala dinner which will be held at the London Marriott Hotel Grosvenor Square on October 12, 2017.

RIVERSIDECHANGES Knight Frank Riverside is celebrating the 10th anniversary of sales director Matthew Smith and the arrival of two new members of the team. After a 10 year-career playing ice hockey Mark Lee (left) became an estate agent in the summer of 2014, joining Foxtons. Now he has made his best career move yet, joining the Knight Frank Riverside sales team. When not working he’s an avid Country fan, and is also a member of a band. Robert Galloway is also transferring from Foxtons, he is a twin, lived in Berlin for a year and the best thing of all, is a Spurs season ticket holder.

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WORD ON THE STREET WEWERERIGHT Lucian Cook, head of residential research at Savills says: “Our published forecasts in November 2016 anticipated prime London values would fluctuate in 2017 but end broadly flat across the year. As negotiations to leave the EU progress, we expect sentiment over the next couple of years to continue to ebb and flow, meaning there is little chance of upward pressure on house prices. By 2019, however, once the economy begins to improve, we expect stronger levels of price growth. Over the next five years we are predicting that house price growth in prime London will sit at 15 per cent.”

BUILDINGONWOMEN

alliard Homes has signed up to Women into Construction, a not for profit organisation that promotes gender equality in the construction industry. In becoming a corporate member of WIC, Galliard Homes will support the aims of the organisation and hopes to offer a variety of placement, internship and training opportunities to women seeking new opportunities in the sector. They plan to work with WIC to source experienced, professional hires and raise

awareness in schools and colleges about employment options that are available. Currently their employee base is made up of 35% women and as a spokesman says: “We recognise the benefits to be gained from employing a diverse workforce and strive to promote equal access to all”. According to statistics, women make up only 11% of the construction industry workforce and only 1% of these women actually work on construction sites.

conomy Day 2017 – Worldwide changes for freedom and security. The Economy Day, with about 3,500 participants, is the most important forum for discussing politics, business and science in the light of the economic policy issues of the year. Numerous top-class speakers from the political and business worlds cover important topics that determine future competitiveness. Germany’s Federal Chancellor Dr Angela Merkel was the main speaker on the economy this year, alongside key business leaders such as Lufthansa CEO Carsten Spohr and Carsten Kengeter, Chairman of the Board of Management of Deutsche Börse AG. The Presidium and the Federal Governing Board also heard from the leaders of the business world, such as the CEO of the AS Unternehmensgruppe Holding, Dipl.Ing. Andreas Schrobback, and the President of the largest bank of the Eurozone, BNP Paribas Mr Jean Lemieree. The key themes of 2017 Economy Day were the future of Europe, responses to burgeoning protectorism, the cornerstones of a competitive and reliable energy supply, the requirements of tomorrow’s mobility, responses to demographic change, the shaping of digital transformation and the strengthening of growth and innovation.

POA – is it more likely to deter or entice buyers? MATTHEW SMITH KNIGHT FRANK In my experience, Price On Application is only used when the either the agents, or the seller, or both, are not entirely comfortable with the price. In the digital age, it’s likely the property will appear on a web portal and will be placed in between two other properties of a clearly stated value, it will not be hard to deduce the price. Having said that, we will still often receive enquires about a property advertised as POA from people who haven’t made the deduction and they are usually shocked to find it well above budget. I prefer a clear asking price.

ROBIN CHATWIN SAVILLS Generally, when a property is advertised as ‘price on application’ it tends not to generate as much interest as those with a public price tag. The majority of buyers today start their property search online and are looking to access all the information they need quickly and in one place; having to find out separately if they can afford a property tends to be a bit of a turn-off. Rightly or not, the term also seems to suggest to buyers that the property is out of their price range, having long been associated with sales of the most high-end homes.

Andreas Schrobback and Angela Merkel

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FU_Advert narrow.qxp_1 13/06/2017 13:43 Page 1

MORE THAN HAPPY!

HOMECOMPARE

21 Battersea Square SW11 3RA

INTHESWIM

telephone 020 7771 7100 email battersea@first-union.co.uk

Guide price £7,000,00 Rental £13,000 pcm

THESMOKE

Amberwood Court is an outstanding family home located on the prestigious Coombe Estate. Built to a high specification with terrific light and space, set in 1 acre of beautiful, secluded landscaped gardens. This fabulous home provides 9 bedrooms, staff accommodation, a cinema room plus a pool complex. Coombe Residential 020 8947 9393

Guide price £4,500,000

THEBURBS

Exquisitely built in the style of a French Chateau, this recently-built house with 5 bedrooms sits in south-facing landscaped gardens in the private Burwood Park estate in Surrey. The ‘Roundhouse’ kitchen/day room leads out via sliding doors to a loggia and on to the lawned garden incorporating an 11m x 5m swimming pool. John D Wood 01932 842323

Guide price £1,999,950

370 Old York Road SW18 1SP telephone 020 8480 4444 email wandsworth@first-union.co.uk

“More than happy! Communication has been easy. Very helpful and efficient.” P.R. 2017

THESTICKS

Fifield Farm in an ANOB in west Berkshire is a character property with four generous bedrooms. Converted from an 18th century barn, it offers excellent accommodation for modern living with plenty of space for a family. The garden room leads to the pool which opens out to a sunbathing/barbecue area. Savills Newbury 01635 277700

first-union.co.uk

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REAL ESTATE UNDER HERITAGE PRESERVATION EXISTING PROPERTY • NEW BUILT PROPERTY

UNIQUE BUSINESS MODEL FOR SAFE INVESTMENT AS UNTERNEHMENSGRUPPE is a company specialising in the project development and sale of residential properties and portfolios for capital investment. In marketing more than 1,600 housing units, it has achieved sales of more than EUR 180 m. AS UNTERNEHMENSGRUPPE is also one of the market leaders in the rented social housing sector for private as well as institutional and capital investors. The company operates throughout Germany in six locations, providing support through the entire process – starting with acquisition and planning, onto the development and the construction phases, right through to the marketing and use of the building as well as its subsequent letting. AS UNTERNEHMENSGRUPPE also provides investors and clients with, not only the usual asset and property management, but also a strong yield and lasting rental profits, plus profitable exit strategies.

WHY IS GERMANY ATTRACTIVE FOR FOREIGN INVESTORS? • the internationally underrated property market • extremely high yield potentials • the stable domestic situation in Germany

YOUR BENEFITS • High-class properties under heritage protection as well as yield-strong existing & new built properties • inflation protected investments with sustainable renting profits • disproportionately attractive tax benefits through special depreciation • KfW promoted * energy efficient * barrier reduced

FOR A PERSONAL OFFER PLEASE CONTACT OUR TEAM.

A S U N T ER N EH M EN S G R U P P E Hagenstraße 67 • D-14193 Berlin • Germany • Tel. (+49) 30 81 40 42 200 • Fax. (+49) 30 81 40 42 300 Email: nvd@unternehmensgruppe-as.de • www.unternehmensgruppe-as-english.com

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ASKTHELOCAL James Morrison, Head of Savills Wimbledon highlights Southﬁelds What’s going for it?

Well connected?

And the schools?

Hang out at...

Where to buy

Close proximity to open green spaces and the bustling high streets of Putney and Wimbledon, combined with a strong sense of community and beautiful period homes.

Yes – nestled between Wimbledon, Earlsfield and Putney, Southfields is well served by local bus routes and it has its own tube station sitting on the District Line which takes you straight into central London in under half an hour.

There is a good selection of primary, state and private schools in Southfields and the surrounding areas. Sheringdale Primary School was judged ‘outstanding’ by Ofsted and Southfields Academy is also high achieving.

The Earl Spencer gastropub is a particular favourite with the locals, and those from further afield, known for its fresh and seasonal menus, extensive selection of ales and large beer garden to enjoy in the summer months.

The streets in the ‘Southfields grid’, including Pirbright Road and Clommore Street, offer a selection of Victorian three and four-bedroom homes between £1m-£1.35m which always prove popular with buyers.

Gem of the month Melrose Road, SW18 An imposing and handsome double-fronted detached house with a lovely southfacing garden. The property comprises five bedrooms, three reception rooms and a delightful sun room. £3,250,000 Savills Putney 020 8780 9900

Helping hand Buying a property is universally acknowledged as one of life’s most stressful experiences, particularly if you’re moving from overseas or have time pressures. With 17 years’ experience at Knight Frank behind him, Esmond Elliot has recently launched his own property consultancy to make the experience of finding a new home as smooth as possible. Esmond’s insider knowledge of the central and south-west London housing markets, together with his prodigious contacts, make him ideally placed to advise on all stages of the process, from finding a property to ensuring a successful and stress free completion.

Call 07551 740312 or visit www.esmondelliot.com

ESMOND ELLIOT PROPERTY CONSULTANCY LTD

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HOME

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THE TREND

Orange orchard tin pot, £3.99 oakroomshop.co.uk

IT’S THRIFTY

LET IT GROW

Jungle monkeys bowl, £84 miafleur.com

Charlie Dimmock ‘terracotta’ pots, 2-pack and trough, £1 each poundland.co.uk

Copper planters, £17.99 homebase.co.uk

IT’S RITZY Key cast stone planter, £99 haddonstone.com

Face shaped planter, £35 next.co.uk

IT’S FUNKY

Faceted planter, now £56 habitat.co.uk Set of 3 planters, £120 next.co.uk

Set of 3 Winstone planters, from £60 gardentrading.co.uk

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HOME HOTLIST UP

SOSOUTH B

ring the garden into your home with Urban LivePicture – living art hung on your wall all year round. Urban LivePicture works in any room − living room, dining room, kitchen, bathroom, bedroom. All that is required is a wall or vertical surface plus, of course, light, warmth and humidity. Perfect for city dwellers with no outdoor space but works outdoors, too. Maintenance is easy – easier than pot plants. It has its own smart, integrated watering system within the picture frame providing water for at least six weeks. Carefully selected plants are placed in specially developed individual growing pockets. The Urban LivePicture is then assembled into a smart decorative frame and attached to the wall like a painting. As the plants grow and develop, the garden canvas comes alive. Four different perennial planting schemes are available, with different textures, colours and leaf formation, in five sizes of frames and a choice of colours. Prices start from £499. www.urbanlivepicture.co.uk

>>MADLY DEEPLY Blue is the colour. Cool and calming in summer, dark and enveloping in winter. Now in every shade of sea. Stockholm serving bowl, £12. www.ikea.com >>IT’S A WRAP Those fluffy dressing gowns don’t do comfort like traditional cotton towelling robes. There’s a whole rainbow choice of colours at dunelm.com >>BLOOMING MARVELLOUS Don’t choose soon-to-wilt bouquets from foreign fields – the pick of the bunch are English fresh cut flowers delivered to your door. See freddiesflowers.com >>RARE TREATS Beautiful one-offs made by crafty hands are a gift to discriminating homemakers. Check out www.london designfair.co.uk Ceramic bowls. www.patriciashone.co.uk

>>CUPBOARD LOVE We love the shows and the books but if you never cook do you really need a fully fitted kitchen? Could we be seeing the end of a home’s most expensive room? >>A FINE MESS Everyone knows that clutter is a house sale no no but don’t wait for the agent’s board to go up before clearing your home – and your head >>A GOOD READ? Is there something wrong about buying books by the yard just to decorate your home? We think so >>GOING GREEN The south west’s walls are a jungle of that certain designer’s paper. When it’s creeping in everywhere it’s time for some judicious pruning/stripping

DOWN By Jane Stevens

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BETTER INBARNES The horrors of a house renovation have destroyed many a relationship, but for architect Lee Mainwaring and girlfriend Jennifer Hunt, who also trained as an architect, the fraught process brought them closer together

ee says: “The builders walked off the job leaving the house half demolished, with the electrics and plumbing taken out, the walls down and everything left in a pile in the garden. “It was stressful because we were living with my parents and both spending two and a half to three hours a day commuting into work in central London, but all the problems pulled us closer and a couple of weeks ago we got married.” Thankfully one of the builder’s team eventually took on the project again and finished the major work leaving the couple of sort out the kitchen, painting and finishing touches. The story began when the Mainwarings explored the Little Chelsea area of Barnes, thinking wistfully that with even tiny terraced houses costing a million or more the area was beyond their budget. Then they spotted what was effectively the back half of an end terrace house that had been used by a small business and had already been sectioned off from the front part of the house. “It had a tatty conservatory running around the building

and inside it was divided into lots of small rooms, some with no natural light. We saw it as an opportunity to have some fun and turn it into something really wonderful.” They bought the property at what was a bargain price – for upmarket Barnes – and used their architectural skills to work out how to turn it into a light-filled and harmonious home. Under permitted development rights they were allowed to move the walls out to the existing boundaries of the conservatory, into what had been the side extension. They also put in stylish new windows and converted the downstairs to one big entertaining space with a kitchen/ dining room and seating area of around 50 square metres. Upstairs they created two bedrooms and a bathroom. Moving the walls out had left only a small courtyard garden but they cleverly made this part of the house, bringing the outside inside by using he same polished concrete flooring that covers the downstairs of the house and by installing bi-fold doors. To keep costs down they bought the kitchen units on line, using a carpenter on a day rate to install them. Lee explains: “You only need to spend money on

“We saw it as an opportunity to have some fun and turn it into something really wonderful” Lee Mainwaring

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THE

PROJECT BEFORE

surfaces that you will see or touch. So we topped our kitchen island with white Corian, which is expensive. The polished concrete flooring was also expensive. Nine men turned up at 7.30am and stayed until 9.30pm. They poured the concrete on the floor and then kept testing it until it had nearly gone off. Then they got down on their knees with kneepads and polished it, working really fast. We love it.” The main advantage of the floor – apart from its beauty – is that it is hard to mark or damage. Because of the meticulous planning and extensive cupboard spaces the house looks much larger than it is. One of its lovely features is a folded oak stairway which makes a sculptural shape against the white walls. Now the couple have decided it is time to have more fun with another major project. Limes Field Road, Little Chelsea, Barnes SW13, £975,000, Knight Frank 020 3597 7680

BEFORE

GETTHELOOK... >>DESIGN Lee Mainwaring, Partner and Design Director at Architecture Initiative tiative >>INTERIOR PAINT Dulux Warm White >>KITCHEN UNITS unitsonline.com >>POLISHED CONCRETE FLOOR Steyson Granolitic Contractors >>BI-FOLD DOORS AND WINDOWS Reynaers >>COFFEE TABLE Try Stockholm Coffee table, £350. www.pib-home.co.uk

WORDS: JENNY KNIGHT

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Matching people to homes 020 8299 3021 | roybrooks.co.uk

CONSORT ROAD, SE15

£850,000

Unique end-of-terrace completely chock-full of character. 3 bedrooms, kitchen/diner, double reception with two open fires and an established garden. 12-mins to Peckham Rye station, “outstanding” schools and an inviting range of restaurants and bars.

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EXCLUSIVE

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ELEGANT EIGHTEENTH Archway House is an exceptional family home set in a commanding position behind period railings

ne of the finest early 18th century houses in London, arranged over five floors with dramatic proportions. A private drive is positioned to the side of the property with automated wroughtiron gates, with a generous 99 ft garden at the rear with an outhouse and a double garage. Inside the original, fabulous architectural features have been maintained with period fireplaces, sash windows, panelling and grand staircase. The house is approached through the landscaped front garden and up stone steps. You enter into a generous reception hall and to the right is a drawing room featuring a Queen Anne fireplace. The room occupies the full depth of the house with a dual aspect giving views of both the front and rear gardens. There are two more panelled rooms on the ground floor. The eat-in kitchen is on the lower ground floor with direct access to both gardens, a separate formal dining room,

a larder/cellar and utility rooms. The first floor has a magnificent reception room with a period parquetry floor, two further reception rooms and an antique fitted library. On the second floor there is a grand master bedroom suite with a dressing room and en suite bathroom, two further double bedrooms and two en suite bathrooms, as well as a family breakfast room with panoramic views of the common and a kitchenette with roof terrace. At the top of the property there is a flexible living space with a fitted kitchen unit, with a double bedroom on either side – one with French doors on to a roof terrace, and an en suite shower room to both. Currently there are seven bedrooms and five bathrooms but with the scope to create an eight or nine bedroom house in this historic landmark and outstanding family home.

‘One of the finest early 18th century houses in London’

Clapham Common North Side, Clapham, SW4, £7,850,000, Knight Frank 020 3667 6750

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LUXURY LIVING Fernbank is an impressive and well-appointed seven-bedroom luxury residence built by Ocatagon Developments three years ago

et behind electric gates, the property is situated in a much sought after location overlooking the golf course on the private Coombe Estate and set within 0.42 of an acre. The property has spacious accommodation arranged over three floors serviced by a lift and includes five reception rooms, a bespoke kitchen/ breakfast room with doors opening on two sides onto the lovely entertaining terrace and the large landscaped rear garden. There are six/ seven bedrooms with a luxurious master bedroom suite comprising dressing and spacious en suite bathroom and lounge area with French doors opening onto the terrace overlooking the rear garden. On the first floor there are four further double bedrooms with en suite bathrooms. There’s a large games/media room on the second floor with a further double bedroom and family bathroom and a wet bar with double doors opening onto a balcony with exceptional far reaching views southwards across the golf course.

Fernbank has a gated entrance leading to the integral double garage and ample parking for several cars on the large forecourt. The property is within walking distance of two exclusive golf courses and the 2,360 acres of The Royal Richmond Park which is an area of outstanding beauty. It is also positioned within walking distance of George Road, home to three private popular schools; Holy Cross Prep School for Girls, Rokeby School for Boys and Marymount International Baccalaureate School (day and boarding) for girls. Coombe is conveniently located close to Kingston and Wimbledon town centres with excellent shopping facilities. The A3 offers fast access to central London and both Gatwick and Heathrow airports via the M25 are also close at hand. Norbiton Station is within walking distance with frequent services to London Waterloo and Vauxhall.

‘The property is within walking distance of two exclusive golf courses and The Royal Richmond Park’

Renfrew Road, Coombe, Kingston upon Thames, KT2, guide price £7,500,000, Coombe Residential 020 8947 9393

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FAMILY FAVOURITE A newly constructed, bright and beautiful, detached, six-bedroom house that would make an ideal family home near Wimbledon Village and the common

he house is of great quality with a sizeable and beautiful garden in a prime village road. It is set behind remote-controlled gates, with off-street parking for several cars. The reception hall opens out to a study and living room with an attractive fireplace and bay window. The extensively equipped kitchen/breakfast room with integrated appliances and quartz work surfaces runs across the rear of the house with doors leading out to the landscaped 120 ft garden. There is also a useful utility room and cloakroom on this floor. The lower ground floor offers a huge family/ cinema room plus a gym and sixth bedroom suite that would be ideal for staff. The master bedroom overlooks the garden with a generous dressing room

and en suite bathroom and there are two further bedrooms on this floor sharing a full family bathroom. The top floor also has excellent ceiling heights and two further bedrooms with a fourth bathroom and useful eaves storage. The garden has a large lawn and side accesses. The house combines the latest technology and classically designed interior with underfloor heating and air conditioning to principal rooms. The house is near to many excellent schools in both the state and private sector including Kings College and Wimbledon High School.

‘The house combines the latest technology and classically designed interior’

Murray Road, Wimbledon Village, London, SW19, £4,650,000, Knight Frank 020 8946 0026

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020 8947 9393 | COOMBERESIDENTIAL.COM ENQUIRIES@COOMBERESIDENTIAL.COM | 259 COOMBE LANE SW20 0RH

THE DRIVE This character Mediterranean style architect designed family house is situated in approximately 0.35 of an acre, set within beautiful, tranquil surroundings around a privately owned lake in the heart of the exclusive Coombe Estate. Offering three reception rooms, five bedrooms, three bathrooms, kitchen/breakfast room, games room and triple garage. Conveniently located close to several schools. EPC:E Freehold Guide Price: Â£2,750,000 STC

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S A L E S

L E T T I N G S

12/07/2017 19/07/2017 16:40 14:58

NEW HOMES

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NEWHOMESUPDATE Alex Greaves, Head of New Homes Sales, Marsh & Parsons highlights the demand for new builds in south London

he London market has continued to experience modest growth since 2014 and, although this year in particular there has been a degree of uncertainty surrounding the general election and ongoing Brexit talks, London always remains popular and there are still a considerable number of people looking or needing to move. The UK owner-occupier market continues to be especially robust with buyers looking for quality homes in those desirable pockets with a ‘villagey’ feel close to good transport links and green open spaces. First-time buyers are attracted by the fact mortgage rates are at an all-time low, and as families expand their housing needs change, so people continue to have motivations to move at all stages. In south London, new-build family housing is hugely sought after as it’s incredibly rare. We recently launched 330 Clapham Road, SW9 where there is a selection of family townhouses with gardens. This scheme has something for everyone with one-bedroom flats starting from £475,000 through to fantastic family homes with off-street parking and private gardens from £1.35m. We were oversubscribed with people queuing at the door at the May launch and since then almost a third of the scheme has sold, mainly to first time buyers and young professionals.

Marsh & Parsons research highlights that the SW9 property market has outperformed the rest of the capital, cementing the area’s reputation as a housing hotspot. House prices in SW9 have increased by 64% since 2010, compared with an average of 43% across the rest of Greater London. In addition, the area saw the highest increase in property sales across Greater London (36%) between 2015 and 2016, as purchasers recognise the value for money, impressive capital appreciation and positive rental yields that the area is offering. Help To Buy is the other big market positive right now – it’s incredibly popular and is helping first-time buyers who wouldn’t necessarily be able to afford a home in London get on the ladder. 330 Clapham Road has benefited from this, too. Meanwhile, in today’s market a ‘flight to quality’ couldn’t run more true – buyers are looking for style and choice. At 330 Clapham Road you can pick your own paint colours to make buyers feel part of the process. Meanwhile at Keybridge, SW8 the high specification stylish kitchens and bathrooms have been a huge selling point. Of 470 apartments, just 29 apartments remain, starting from £575,000. For more information visit www. marshandparsons.co.uk or call 020 7368 4830.

An impressive collection consisting of brand new contemporary apartments, duplexes and spacious townhouses, at 330 Clapham Road, located in the heart of fashionable and eclectic south west London. Apartments from £475,000; houses from £1,350,000. Contact Marsh & Parsons New Homes for more information 020 7368 4830

SWEEPING VIEWS

ith views across to the brand new US Embassy, The Residence is the latest development from the UK’s largest landlord L&Q – a housing association. The design is reminiscent of the famous Chrysler building in New York with an Art Deco inspired look and stylised arches adorning the exposed brickwork façade of the development minutes from the Thames in Nine Elms. The 114 homes including one, two and threebedroom flats will be launched this summer, each with its own balcony or terrace. Tenants will have access to a residents-only roof garden, with amazing views across the River Thames and American Embassy. Membership of a top-of-the-range gym, located on site, will also be included within the residents’ monthly rental payments. Each home is equipped with integrated Zanussi kitchen appliances and laminate wood flooring along the hallway, and throughout the living and dining rooms. With all bedrooms carpeted and featuring pendant lighting, the master suite also has built in wardrobes and an en suite bathroom, complete with white Roca sanitaryware. Once a collection of warehouses and industrial buildings, more than 20,000 new homes are currently being built within the riverside location, with substantial office and commercial space set to transform the Nine Elms area. Prices for one-bedroom apartments start from £1,750 per month. The Residence, Nine Elms, 0208 853 6937 or www.lqgroup.org.uk/ TheResidence

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TOPPING PROPERTY TOWERLIFE

apleton Crescent, a 27-storey residential tower with a striking green pleated terracotta façade, built in the heart of Wandsworth, by Pocket Living, will be ready for occupation next summer. The first 36 two and three-bedroom homes will be released for this month on August 31. The Pocket Edition design team is creating homes that maximise the use of space and are easy and efficient to run. Apartments feature bespoke joinery with a study nook, a master bedroom dressing area or cleverly designed shelving for ample storage and flexibility. Residents also have a balcony or winter garden. The small number of homes per floor give the development an intimate feel, while a spacious shared roof terrace on the 25th floor offers panoramic views of south west London. There is a large resident’s lounge on the 1st floor that can be used as a work place. On a secluded street in the centre of Wandsworth, Mapleton Crescent has river walks, local parks and retail and leisure facilities on its doorstep. Secure bike storage and lockers for kit, mean the building is well suited to cyclists.

The 41-storey skyscraper Two Fifty One was topped out with a ceremony to celebrate the tower reaching 131 metres at its highest point. The building by Oakmayne Properties in conjunction with Lone Star Real Estate Fund III is now 80 per cent complete. At 131 metres, the main tower is one of the tallest residential towers in London, almost three times the height of Nelson’s Column. At peak delivery, a new floor was completed at Two Fifty One every six days, with more than 350 people employed on the project. It is now almost 80 per cent sold, with just the final phase of 70 apartments remaining unsold out of 335. Two Fifty One, Southwark Bridge Road, SE1, www.twofiftyonelondon.com or 0207 205 2702

Mapleton Crescent, SW18, from £675,000, mapleton@savills.com or www.pocketliving.com/edition

LASTCHANCE The final spacious two-bedroom apartment at St Agnes Place, just minutes away from both Kennington and Oval stations and Kennington Park, has launched. A few three and four-bedroom townhouses are also available, each featuring a Georgian-inspired exterior, complemented by a highly modern internal specification. With just seven homes remaining, the L&Q development is now 80 per cent reserved. Kennington is a unique London location within minutes of central London, with a vibrant café culture, fine architecture and a rich history with the Kia Oval cricket ground only a short walk away. Residents will also receive automatic membership of ‘Friends of Kennington Park’, who regularly host family-friendly activities and free events. The area is home to a wide choice of outstanding schools; Crampton Primary and Lilian Baylis are both nearby. St Agnes Place is just eight minutes’ walk from Kennington Northern line underground tube station. The area is also well-serviced by regular buses and also on the new extension of the Cycle Super Highway. St Agnes Place, Kennington, SE11, two beds from £699,950, three beds from £1.25m and three beds from £1.45m, www.stagnesplace.co.uk, or 02033 690 2495

Striking 3 bedroom townhouses available from £855,000

Wellsborough Mews, Wimbledon Chase, SW20 Contact the new homes specialists on 020 8879 9099 www.lauristons.com

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MONEYTIP TIP

he average fixed mortgage arrangement fee is now at its highest point since August 2013, according to Moneyfacts. But it is sometimes worth paying a higher fee to get a rock-bottom mortgage rate, depending on your particular mortgage. Borrowers must remember that there is more to a mortgage than the rate of interest. The total cost – rate plus all fees – must be calculated so that you can compare mortgages on a like-for-like basis. Better still, ask an independent whole-of-market mortgage broker for assistance in finding the right mortgage for your circumstances. Generally speaking, lenders offering rock-bottom rates may charge a higher fee in order to make the pricing commercially viable. However, that doesn’t mean you should always avoid high fees because you may get a very cheap rate. Whether it is worth paying the high fee in order to get the cheap rate or not will depend on the size of your mortgage. As a general rule, the bigger the mortgage, the less important the fee and the more important the rate. Remember you can always add the fee onto the mortgage if you don’t have the cash to pay upfront but you will pay more in the long run because you will be charged interest on top.

MONEY MATTERS

Gareth Lowman, SPF Private Clients

he rules on mortgage affordability are about to get even tighter as the Bank of England moves to ensure that lenders do not get over-excited in this era of continued low interest rates and ignore the probability of sudden interest-rate rises. From September applicants will have to prove that they can afford an interest-rate rise of as much as three percentage points. But that figure will not necessarily be on the fixed or discounted rate loan they are applying for but will be based on the standard variable rate. Ray Boulger of John Charcol, the broker, says that could be based on an SVR of 5.5 per cent, meaning applicants would have to prove they could a rate of 8.5 per cent, which is exceptionally high, especially when you bear in mind that a five-year fixed-rate loan could be had today from Leeds Building Society at a rate of 2.8 per cent for borrowers with only a 10 per cent deposit – HSBC has a rate of 1.9 per cent for borrowers with 40 per cent to put down.

£23.7b

The amount repaid so far to the Government from the remnants of Northern Rock and Bradford & Bingley

0.89%

The rate on Yorkshire Building Society’s two-year mortgage for borrowers with a 35% deposit

NUMBERCRUNCHING

89,000 64,600 The number of mortgage approvals in May 2017

The number of mortgage approvals in January 2007

BESTBUYMORTGAGES

Fixed Rates

Lender

Rate

Until

Reversionary Rate

APR

Max. LTV

HLC

ERC

Product Fee

Exit Fee

Notes

Yorkshire BS

0.99%

8/31/2019

4.74%

4.2%

60%

n/a

2%/1% until 31/08/19 10% overpayments p.a. without penalty

£1495 Product Fee

£90

£5m

Halifax (Via Selected Intermediaries)

1.16%

9/30/2019

3.74%

3.3%

75%

n/a

2%/1% until 30/09/19. 10% overpayments p.a. without penalty

£999 Product Fee

Max Loan £1m

HSBC Bank

1.34%

9/30/2019

3.69%

3.3%

85%

n/a

2%/1% until 30/09/19. 10% overpayments p.a. without penalty

£99 Booking Fee £900 Product Fee

Max loan £400k. Free Legals for remortgages

Barclays

1.65%

10/31/2022

3.74%

3.0%

60%

n/a

3% until 31/10/22. 10% overpayments p.a. without £1499 Product Fee penalty

£80

Min loan £500k, Max £2m. Free Valuation. Free Legals for remortgages

Barclays

2.39%

10/31/2027

3.74%

3.5%

60%

n/a

5% until 31/10/27. 5% overpayments p.a. without £1499 Product Fee penalty

£80

Min loan £500k, Max £2m. Free Valuation. Free Legals for remortgages

Source: SPF Private Clients

Money.indd 1

19/07/2017 15:18

CAN’TSOMERULESBEBENT? Duncan Farmer questions the inﬂexibility of mortgage lenders in reaction to recent tragic events

is their day-to-day business – and a highly profitable one? In his annual report, Joe Garner, the chief executive of Nationwide, the biggest mutual lender, said that “our business is underpinned by a social purpose, and we are determined to use our success to deliver long-term value to members and communities”. Sadly, it seems, through no fault of Mr Garner’s, that social purpose does not extend to the community of North Kensington. When asked whether Nationwide, which made a pre-tax surplus of more than £1 billion last year, would relax its lending criteria to enable survivors of the fire to buy a home of their own, a spokeswoman said that the Financial Conduct Authority’s rules on affordability would not allow it. Since the fire, however, legal immunity has been given to profiteers who had sublet their housing association homes in Grenfell Tower and to residents who were in this country illegally. If those relatively serious regulations can be lifted in such appalling exceptional circumstances, you might think that the rules on income, credit history and deposit could be bent to help those who lost everything in the biggest fire in this country in living memory. A spokesman for the Financial Conduct Authority said not.

he horrific events in Manchester, London Bridge, Finsbury Park and at Grenfell Tower brought out the best, not only in ordinary members of the public who rushed to the aid of those in need and gave of their time and opened their homes to those in need, but also in businesses who thought nothing of profit to help victims and survivors. Mobile phone companies handed out handsets to victims of Grenfell Tower and one insurance company that I know of paid out tens of thousands of pounds to traders at Borough Market to compensate them for lost stock, wages and rent when the market was forced to close, even though their policies did not cover terrorist acts. A motorist whose car was parked within the exclusion zone at Manchester Arena and who faced being without it for several days was given a replacement by her insurer, even though, again, her policy did not cover such an eventuality. For the survivors of Grenfell Tower, the focus is now on where they will live, and the efforts of Kensington and Chelsea to re-house them have come under close scrutiny. But what of the mortgage industry, for which providing people with places to live

ext year will be the tenth anniversary of the demise of Northern Rock and Bradford & Bingley, many of whose assets and liabilities were swallowed by UKAR, the Government’s so-called bad bank. But it seems that its liabilities were not that bad after all. According to Sky News “at the time UKAR was created, more than 25,000 of Northern Rock’s customers and more than 14,000 of Bradford & Bingley’s customers were in arrears with their mortgage repayments. Those figures are now down to just over 4,600 in total”. At the time the two lenders were propped up by the Government to the tune of £49 billion – to date, almost half that has been repaid to the Treasury.

A beautiful home needs a beautiful mortgage Whether you are buying your ﬁrst home, next home or need to remortgage, look no further than SPF Private Clients for specialist mortgage advice. Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances and loan amount. We estimate that the fee will be 0.67% of the amount borrowed.

Call SPF Private Clients on:

0870 900 7762 for more information

spf.co.uk SPF Private Clients Limited (SPF) is authorised and regulated by the Financial Conduct Authority (FCA). The FCA does not regulate some forms of buy-to-let, overseas or commercial mortgages. SPF Private Clients, 25 Finsbury Circus, London EC2M 7EE.

Variable Rates Lender

Rate

Until

Rev. Rate

APR

Max. LTV

HLC

ERC

Product Fee

Exit Fee

Notes

Yorkshire BS

0.89%

Discount from SVR until 31/08/19

4.74%

4.1%

65%

n/a

1% until 31/08/19 10% overpayments p.a. without penalty

£1495 Product Fee

£90

Mx £5m

HSBC Bank

1.09%

Tracker over base for 24 months

3.69%

3.4%

75%

n/a

None

£99 Booking Fee £900 Product Fee

Mx £2m Free Legals for remortgages

HSBC Bank

1.24%

Tracker over base for 24 months

3.69%

3.6%

85%

n/a

None

£99 Booking Fee £900 Product Fee

Mx £400k Free Legals for remortgages

Coventry BS

1.75%

Variable rate for term

n/a

1.8%

65%

n/a

None

£999 Product Fee

£125

Mx £1m. Free Valuation. Free Legals for remortgages

Money.indd 2

19/07/2017 15:18

DECKED GARDEN

ORIGINALVILLA B uilt in the late 1860s, Highfield House is one of Wandsworth Common’s original detached, double-fronted villas, and a rarity in the local area. The six-bedroom property with four bathrooms and four reception rooms was refurbished recently to the highest standard, and now offers bright, contemporary interiors, and spacious accommodation. The imposing 5,687 sq ft property is set back from the road behind secure gates and lion-crested pillars and is on the doorstep of Wandsworth Common. It is undoubtedly one of the finest luxury houses to come onto the Wandsworth market for years. The grand entrance hall and a formal drawing room are at the front of the house. Walls of polished plaster in cool contemporary grey tones lead through to the lateral ground floor living space, cleverly zoned into dining, kitchen and sitting areas. The wrap-around gardens

are perfect for entertaining and provide a secure play area for children behind security gates. The large front forecourt is suitable for several cars. On the lower ground floor there is an enormous family room that leads onto a gym with bi-fold doors onto the patio area and stairs leading up to the garden. This space could easily be configured as a pool and spa area. Two bright, spacious bedrooms, one en suite provide luxurious guest quarters. A large light-filled studio room with en suite and kitchen provide spacious staff accommodation. A WC, utility room, store and plant room complete the lower ground floor. The first floor houses three large double bedrooms, one of which is en suite, and a family bathroom.

his family-friendly, fully extended and refurbished Victorian house has a southfacing garden and an excellent layout designed for modern living. It has five bedrooms and three bathrooms, including a large master suite and a huge 28 ft extended kitchen. To the front of the house is a separate reception room with an attractive fireplace, plantation shutters, wooden floors and original plasterwork. There is a highly practical internal utility room leading through to a cloakroom/WC. The whole of the rear of the house is an enormous kitchen/ family room with bi-fold doors opening onto the sunny south-facing rear garden with a large decking area. Upstairs is an impressive master suite, with dressing area and large en suite bathroom. There are four more bedrooms served by two family bathrooms. Sarsfeld Road lies to the south of Wandsworth Common and the transport links via both Balham & Wandsworth Common stations. Many restaurants and bars are located close-by and good schools, in both the state and private sectors, are at hand. This property is available chain-free Sarsfeld Road, Wandsworth Common, SW12, £1,450,000, John Thorogood 020 7228 7474

Highfield House, Patten Road, SW18, £4,400,000, Carter Jonas 020 3733 4051

ON WHITE

SEE WHAT OUR CLIENTS HAVE TO SAY “Guys thank you for doing a brilliant job on our sale. 6 days, 40 viewings, 4 offers. I don’t think you need to say much more than that!”

“Fabulous service, professionalism and superb local knowledge. Brilliant”

“Very professional agency that has been helpful in all stages throughout our buying process. Would definitely recommend”

RAMPTON BASELE Y www.ramptonbaseley.com

ON GREEN

RAMPTON BASELE Y

SW.indd 1

19/07/2017 15:20

Balham Balham 020 020 8772 8772 9373 9373 balham@lauristons.com balham@lauristons.com

Battersea Battersea 020 020 7978 7978 5800 5800 battersea@lauristons.com battersea@lauristons.com

Kennington Kennington 020 020 7385 7385 2296 2296 kennington@lauristons.com kennington@lauristons.com

Land Land 020 020 8943 8943 2211 2211 land@lauristons.com land@lauristons.com

New New Homes Homes 020 020 8879 8879 9099 9099 newhomes@lauristons.com newhomes@lauristons.com

Putney Putney 020 020 8780 8780 8780 8780 putney@lauristons.com putney@lauristons.com

Wandsworth Wandsworth 020 020 8417 8417 8054 8054 wandsworth@lauristons.com wandsworth@lauristons.com

Wimbledon Wimbledon 020 020 8946 8946 9468 9468 wimbledon@lauristons.com wimbledon@lauristons.com

Ashbury Road, Battersea SW11

Asking Price: ÂŁ990,000 Freehold

Situated in a sought-after road in the Shaftesbury Estate is this extended three-bedroom terraced period cottage. The accommodation on offer comprises of a large open plan lounge/diner and a large kitchen/diner on the ground floor. On the first floor are two good sized bedrooms and the family bathroom whilst the second floor is the third bedroom with a en suite. Outside is a generously sized private rear garden. This freehold family home is set only a short walk from Clapham Junction with its regular services into London and the South Coast. Clapham Common is also nearby offering plenty of space to entertain the kids or to exercise the family pet. EPC EER D.

Battersea Sales: 020 7978 5800

www.lauristons.com www.lauristons.com Lauristons_AUGUST17_x7.indd 1

19/07/2017 14:45

Balham Balham 020 020 87728772 93739373 balham@lauristons.com balham@lauristons.com

Battersea Battersea Kennington Kennington LandLand 020 020 79787978 58005800 020 020 73857385 22962296 020 020 89438943 22112211 battersea@lauristons.com battersea@lauristons.com kennington@lauristons.com kennington@lauristons.com land@lauristons.com land@lauristons.com

NewNew Homes Homes Putney Putney 020 020 88798879 90999099 020 020 87808780 87808780 newhomes@lauristons.com newhomes@lauristons.com putney@lauristons.com putney@lauristons.com

Wandsworth Wandsworth Wimbledon Wimbledon 020 020 84178417 80548054 020 020 89468946 94689468 wandsworth@lauristons.com wandsworth@lauristons.com wimbledon@lauristons.com wimbledon@lauristons.com

Westleigh Avenue, Putney SW15

Asking Price: ÂŁ950,000 Freehold

This stunning four-bedroom house located in the popular West Putney area is being offered to the market following a complete refurbishment. The entrance hall opens on to an impressive living and entertaining space. The open plan kitchen and dining area has been beautifully finished while the reception area is flooded with light through two skylights and glass sliding doors that lead out to a 40 ft garden. The first floor consists of a modern family bathroom and three good-sized double bedrooms while the master bedroom with an en-suite bathroom is situated on the top floor with far reaching views towards the London skyline. The property also provides easy access to local primary schools, Putney High Street and Putney Station. EPC EER C. Putney Sales: 020 8780 8780

Merton Road, Wimbledon SW19

Asking Price: ÂŁ850,000 Freehold

A superb 2 double bedroom semi-detached house set within an exclusive gated mews. This spacious property provides potential (STPP) to create additional accommodation. The private garden to this house is generous and in addition there is a separate self- contained annexe which could be used as an office, gym or even studio if required. The property is offered with no onward chain. Orton Place is situated just off Merton Road and is well located for Wimbledon Town Centre which is within 0.8 miles. South Wimbledon Underground Station (Northern Line) can be found less than 500 metres from the property whilst Wimbledon Station (District & Mainline) is situated in the town centre. EPC EER C. Wimbledon Sales: 020 8946 9468

www.lauristons.com www.lauristons.com

Lauristons_AUGUST17_x7.indd 2

19/07/2017 14:45

Eardley Road, Balham SW16

Asking Price: £799,999 Freehold

Stylish family house recently renovated to a high standard offering 5 bedrooms, 3 reception rooms and a 41’ landscaped private garden. For the commuter, Streatham Common station is a brief walk away (0.3m) with frequent trains to Victoria from Balham station (Mainline and Northern Line) via Clapham Junction. Tooting Bec Common and Streatham Common provide ample outdoor activities with the Lido, ponds, tennis courts and sports pitches. The high street of Streatham is around the corner as well as the local shops and amenities of Furzedown. The property has been designed with the modern family in mind. There are three luxury bathrooms, one on each floor and the property is offered for sale with no onward chain. EPC EER F. Balham Sales: 020 8772 9373

Kennington Road, Kennington SE1

Asking Price: £1,350,000 Freehold

This five-bedroom terraced family home is superbly located in the heart of Kennington only a short stroll from the local shops, bars and restaurants. Kennington Park is close by offering a little piece of the British countryside in the heart of the city, ideal for entertaining the kids or just walking the family pet. This spacious home is conveniently situated for the local transport links from the bus stop within 100 yards and is also equidistant from Kennington and the Oval (Northern Line) tube stations. The property offers flexible accommodation ideal for the growing family and a private rear patio and front garden. The house holds an HMO license for 6 tenants which has resulted in 3.8% yield. EPC EER C. Kennington Sales: 020 7385 2296

Lauristons_AUGUST17_x7.indd 3