LPR C&SW May 2012

REVIEW LONDON PROPERTY

Exclusive London homes for sale & rent MAY 2012

Kensington Presidential makeover

So cool Icelandic vision

Let’s dance!

Or shoot pool in the grand ballroom DT PR Cover May 2012.indd 1

18/04/2012 12:33

CHELSEA BLOOMS WITH US It’s not just the flower show that brings people to Chelsea.

In the last three months alone, potential buyers and tenants from 135 different countries viewed the details of our Chelsea properties online.

So whether you are thinking of selling, letting or buying a home, speak to the agents that can bring the world to Chelsea.

352a King’s Road London SW3 5UU

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020 7349 4300 KnightFrank.co.uk/Chelsea

18/04/2012 14:23 12:46 11/04/2012

Knightsbridge SW7

Two bedroom apartment with parking and porterage A two bedroom apartment on the first floor of this prestigious Knightsbridge residential building. The apartment is presented in excellent decorative order throughout. Entrance Hall, reception room, kitchen/breakfast room, master bedroom with en suite bathroom, bedroom 2 with ensuite shower room, air cooling, balcony , two parking spaces, two storage cages.

Approximately 154 sqm (1,662 sqft).

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600

Leasehold: 999 years from 24th June 2005 Guide Price: ÂŁ5,750,000 (SLA120119)

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contents MAY

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86 NEWS AND FEATURES

116

52

MARKET VIEW Devil is in the detail.

Property plans are on hold as investors wait for levy facts, reports Robert Bailey.

55

52

55

NEWS High spot. New survey forecasts London will stay top of the world for a decade or more, reports Cheryl Markosky.

52

FINANCE Tax proposal. Encourage non-residents to let their properties, and not leave them empty, says Patrick Bullick.

BEST BUYS Fixed, discount or tracker – check out the facts, figures and interest rates from our current top ten mortgages.

NEWS Top of the shops. Buyers go outside the classic prime areas to find community sprit and independent retailers.

54

FINANCE Bridge that gap. Break free from the chains to compete with the cash buyers, reports Duncan Farmer.

77

Coombe, Surrey

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REVIEW property

PUBLISHING Advertising John Wilson 07931 523107 EDITORIAL Editor Bob Stonebridge 01536 330314 editorial@propertyreview.org.uk Contributors Cheryl Markosky Duncan Farmer Robert Bailey

FOR SALE & TO RENT

78

Cover Photo: © Eleanthewise - www.fotolia.com

MAYFAIR, BELGRAVIA, KNIGHTSBRIDGE, CHELSEA, SOUTH KENSINGTON Ambassadorial vision. Former Icelandic Embassy has full planning permission to extend and create a lavish, high-tech contemporary home.

DESIGN & PRODUCTION Caroline Nall 01536 418181 pr@typestart.co.uk Typestart Limited, 1 Rothwell Grange Court, Rothwell Road, Kettering, Northants NN16 8FB www.typestart.co.uk

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KENSINGTON, NOTTING HILL, PADDINGTON, HOLLAND PARK, FULHAM, BROOK GREEN Shooting pool in the ballroom. They’re playing games in the grand space where socialites once danced the waltz and the minuet.

SUBSCRIPTIONS 01536 330314 or subscriptions@propertyreview.org.uk Property Review 23a St James’s Street, London SW1A 1HG © Copyright Property Review. No part of this magazine may be reproduced without the prior permission of the publishers.

Property Review cannot be responsible for unsolicited material. All prices are correct at time of going to press but are subject to change. Distribution by DML.

113

RENTALS Feelgood factor. Rents in prime central London continue to fall, but the market is expecting a summer boost from the global spotlight.

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Ebury Street, Belgravia SW1

A meticulously refurbished five bedroom house Situated in the heart of Belgravia this property has been renovated to an exceptional standard. Master bedroom suite with dressing room, 4 further bedrooms, 3 further bath/ shower rooms, drawing room, dining room, kitchen, breakfast room, study, cloakroom, laundry, gym room, roof terrace. Approximately 305 sq m (3,283 sq ft)

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600

Freehold Guide price: ÂŁ6,250,000 (SLA120114)

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Pont Street, Knightsbridge SW1 Bright, first floor apartment

A spacious, south facing apartment currently arranged as one bedroom but with the potential of creating a second bedroom. Master bedroom suite with bathroom and dressing room, double drawing room, kitchen, utility, bathroom/WC, terrace, lift. Approximately 160 sq m (1,722 sq ft)

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600

Leasehold: new term of 999 years Guide price: ÂŁ3,650,000 (SLA070660)

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Ensor Mews, South Kensington SW7 Stunning mews house with garage and patio

A superb mews house which is presented in fantastic order and profits from the rare benefit of a private patio. Master bedroom suite, second bedroom suite, bedroom 3/study, reception/dining area, kitchen, garage, cloakroom. Approximately 160 sq m (1,724 sq ft)

KnightFrank.co.uk/Southkensington southkensington@knightfrank.com 020 7871 4111

Freehold Guide price: ÂŁ3,400,000 (CHL110070)

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Sheridan Court, Barkston Gardens SW5 Spacious mansion block apartment with communal garden This is a spacious and well-presented five bedroom family apartment on the raised ground floor of a popular and well run portered mansion block. The property has an excellent balance of entertaining space and bedrooms with impressive ceiling height throughout. Approximately 225 sq m (2419 sq ft)

KnightFrank.co.uk/SouthKensington southkensington@knightfrank.com 020 7871 4111

Share of Freehold Guide price: ÂŁ3,200,000 (CHL080085)

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D’Arblay Street, Soho W1

Computer generated images

Freehold development opportunity

An extremely rare opportunity to create a state of the art home within a listed 18th century townhouse in the heart of Soho with planning permission to add a multi-storey extension to the rear. Approximately 303 sq m (3,265 sq ft)

KnightFrank.co.uk/Mayfair mayfair@knightfrank.com 020 8166 7484

Freehold Offers in excess of ÂŁ2,000,000 (WER110051)

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Jermyn Street, St James’s SW1 Charming apartment

A bright and spacious duplex flat located in an imposing mansion block, featuring large windows and classic wooden parquet flooring. 2 bedrooms, 2 bathrooms, large reception room, kitchen, study, lift. Approximately 139 sq m (1,496 sq ft)

KnightFrank.co.uk/Mayfair mayfair@knightfrank.com 020 8166 7484

Leasehold 82 years approximately Guide price: ÂŁ2,000,000 (WER120072)

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The Bridge, Battersea Park SW11 Bright apartment

This bright one bedroom property benefits from an open plan reception room. The apartment has two balconies with views of Battersea power station. The development has added convenience of Battersea park and Battersea park station, 24 hour security and concierge. Approximately 63 sq m (679 sq ft)

KnightFrank.co.uk/Riverside riverside@knightfrank.com 020 3597 7670

Leasehold Guide price: ÂŁ379,000

12

(BAT120002)

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Caroline Terrace, Belgravia SW1 Belgravia town house with garden

This bright freehold Belgravia town house, positioned on the south side of the street, is offered in excellent condition and benefits from a terrace and patio garden. Master bedroom with en suite bathroom, 2 further bedrooms, 1 further bathroom, bedroom 4/study, reception room, kitchen, dining room, family room, laundry room, guest cloakroom, terrace, garden.

Approximately 191 sq m (2,064 sq ft) Freehold

KnightFrank.co.uk/Belgravia belgravia@knightfrank.com 020 7881 7722 JSA: Savills 020 7824 9020

Guide price: ÂŁ3,850,000 (BGV120030)

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Caxton Street, Westminster SW1 Rare pied-a-terre

An immaculate split level apartment with a lovely double aspect reception room, patio and separate utility/storage room. 1/2 bedrooms, 2 bathrooms, reception room, kitchen, utility room, patio. Approximately 98 sq m (1,055 sq ft) Leasehold 995 Years approximately Guide price: ÂŁ975,000

KnightFrank.co.uk/Belgravia belgravia@knightfrank.com 020 7881 7722 (BGV110115)

Eaton Square, Belgravia SW1

Elegant Belgravia apartment A superb two bedroom, two bathroom ground floor apartment. The property benefits from a good balance of living and entertaining accommodation. Master bedroom with en suite bathroom, further bedroom, shower room, kitchen, dining room, balcony, porter. Approximately 163 sq m (1,763 sq ft) Leasehold 7 Years approximately Guide price: ÂŁ1,590,000

KnightFrank.co.uk/Belgravia belgravia@knightfrank.com 020 7881 7722 (BGV110108)

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Weymouth Mews, Marylebone W1 An exceptional mews house with private garage

The subject of a comprehensive refurbishment by internationally acclaimed interior designer Jonathan Reed, this three bedroom mews house exudes sophistication and style. Master bedroom suite, second bedroom suite, guest suite/study, open plan living/entertaining space with kitchen and dining area, guest cloakroom, integral garage. Approximately 204 sq m (2,196 sq ft)

KnightFrank.co.uk/Marylebone marylebone@knightfrank.com 020 7483 8349

Leasehold 939 years approximately Guide price: ÂŁ4,750,000 (MRY120041)

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Beaufort Street, Chelsea SW3 Communal gardens

A well laid out top floor flat that comprises three bedrooms. The property is in good order with views overlooking the beautiful west facing communal gardens at the back of the property. 3 bedrooms, bathroom, reception room, kitchen, communal gardens.

Approximately 88 sq m (949 sq ft) Leasehold approximately 64 years remaining Guide price: ÂŁ895,000

KnightFrank.co.uk/Chelsea chelsea@knightfrank.com 020 7349 4300 (CHL110291)

Redcliffe Square, Chelsea SW10 Views over gardens

A wonderful two bedroom flat with two terraces and the added benefit of views over the garden square. The west facing reception room offers great entertaining space and the property has a conservatory at the rear.

2 bedrooms, bathroom, reception room/ kitchen, cloakroom, conservatory, terrace, balcony. Approximately 97 sq m (1,051 sq ft) Share of Freehold Guide price: ÂŁ1,450,000

KnightFrank.co.uk/Chelsea chelsea@knightfrank.com 020 7349 4300 (CHL080067)

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Redcliffe Road, Chelsea SW10

Maisonette with private garden A charming two/three bedroom maisonette on the raised ground and lower ground levels of a Victorian conversion. The property has excellent proportions and there is the added benefit of a private garden. Master bedroom with en suite shower room, bedroom 2, shower room, bedroom 3/study, reception room, dining room, kitchen, garden. Approximately 109 sq m (1,172 sq ft) Share of freehold Guide price: £1,695,000

KnightFrank.co.uk/Chelsea chelsea@knightfrank.com 020 7349 4300 (CHL110048)

Cavaye Place, Chelsea SW10

Charming town house This beautiful three bedroom property is located on a quiet street off the ‘Beach’ area of the Fulham Road and has the benefit of good living space and a south facing terrace.

Master bedroom with en suite bathroom, 2 further bedrooms, bathroom, reception room, kitchen/dining room, cloakroom, patio garden.

Approximately 126 sq m (1,364 sq ft) Freehold Guide price: £2,250,000

KnightFrank.co.uk/Chelsea chelsea@knightfrank.com 020 7349 4300 (CHL100147)

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Cathcart Road, Chelsea SW10

Modern flat with parking A stunning two double bedroom flat on this quiet, Chelsea street. The apartment has been recently refurbished and has the benefit of off street parking on a first come first served basis. Double bedroom with en suite shower room, further double bedroom, bathroom, kitchen/reception room, off-street parking. Approximately 79 sq m (854 sq ft) Share of freehold Guide price: £1,600,000

KnightFrank.co.uk/Chelsea chelsea@knightfrank.com 020 7349 4300 (CHL120014)

King’s Road, Chelsea SW3

Newly refurbished flat A newly refurbished three bedroom, three bathroom flat in a popular mansion block.

The property has good ceiling height throughout and access to communal gardens. 3 bedrooms with en suite bath/ shower rooms, kitchen/dining/reception room, utility room with cloakroom, communal gardens. Approximately 119 sq m (1,285 sq ft) Leasehold approximately 64 years remaining Guide price: £1,600,000

KnightFrank.co.uk/Chelsea chelsea@knightfrank.com 020 7349 4300 (CHL110128)

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Gloucester Square, Hyde Park W2

Sophisticated London living A stunning, interior designed third floor lateral apartment in a white stucco fronted Grade II listed building with views across the communal gardens of Gloucester Square. 2 en suite bedrooms, 2 further bedrooms, shower room, reception room, dining room, kitchen, air conditioning, Lutron lighting, Crestron multiroom entertainment system, access to communal gardens. Approximately 158 sq m (1,701 sq ft) Leasehold Guide price: ÂŁ3,100,000

KnightFrank.co.uk/HydePark hydepark@knightfrank.com 020 3544 2487 (HPE120032)

Southwick Place, Hyde Park W2

Contemporary family house A light and exceptionally spacious family home peacefully located in Connaught Village. 5 en suite bedrooms, reception room, dining room, family room, conservatory, kitchen/diner, utility room, cloakroom, roof terrace, 3 storage vaults, air conditioning, integrated music and Sky TV system. Approximately 378 sq m (4,075 sq ft) Freehold Guide price: ÂŁ5,999,000

KnightFrank.co.uk/HydePark hydepark@knightfrank.com 020 3544 2487 (POD110025)

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Addisland Court, Holland Park W14

A well-presented apartment A bright and well-presented apartment with two bedrooms, located in this popular portered mansion block in the heart of Holland Park. 2 bedrooms, bathroom, open plan kitchen/reception room. Approximately 75 sq m (817 sq ft) Share of Freehold Guide price: ÂŁ750,000

KnightFrank.co.uk/Kensington kens@knightfrank.com 020 7938 4311 (KEN120074)

Lexham Gardens, Kensington W8

Bright flat with outdoor space A recently refurbished and well-presented two bedroom apartment with a spacious and bright reception room and two patio gardens. 2 bedrooms, bathroom, reception room, dining area, kitchen, 2 patio gardens.

Approximately 81 sq m (880 sq ft) Guide price: ÂŁ875,000

KnightFrank.co.uk/Kensington kens@knightfrank.com 020 7938 4311 (KEN120092)

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Scarsdale Studios, Stratford Road Kensington W8 A charming studio house

A beautifully presented and extremely unique two bedroom house, quietly located on this small private courtyard of Victorian buildings, originally used as Artist Studios. Master bedroom, study/second bedroom, bathroom, open plan reception room, dining area, kitchen, roof terrace. Approximately 76 sq m (820 sq ft) Freehold Guide price: ÂŁ1,250,000

KnightFrank.co.uk/Kensington kens@knightfrank.com 020 7938 4311 (KEN120083)

Campden Hill Gardens, Kensington W8 A spacious and light flat

A bright and spacious apartment presented in good condition with two double bedrooms, two bathrooms, a spacious reception room and an eatin kitchen located in a quiet road in the heart of Kensington. 2 bedrooms, 2 bathrooms, reception room, dining area, kitchen/breakfast room.

Approximately 87 sq m (946 sq ft) Leasehold Guide price: ÂŁ1,250,000

KnightFrank.co.uk/Kensington kens@knightfrank.com 020 7938 4311 (KEN120059)

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Cadogan Square, Knightsbridge SW1 Elegant one bed apartment

A superb raised ground floor apartment which has been refurbished to the highest of standards. Bedroom, bathroom, kitchen, reception room, use of communal garden and tennis courts (by separate arrangement).

Approximately 46 sq m (504 sq ft) Leasehold: approximately 103 years remaining Guide price: ÂŁ1,450,000

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600 JSA: Strutt & Parker knightsbridge@struttandparker.com 020 7235 9959 (SLA100286)

Hans Place, Knightsbridge SW1 Luxury one bed apartment

A bright one bedroom, third floor flat overlooking the gardens of Hans Place.

Bedroom, bathroom, dressing area, reception room with access to balcony overlooking gardens, Boffi kitchen, cloakroom, under floor heating, air conditioning, underground storage unit.

Approximately 65 sq m (707 sq ft) Leasehold: approximately 43 years remaining Guide price: ÂŁ1,500,000

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600 (SLA120090)

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Ebury Mews East, Belgravia SW1

Two bedroom mews house A freehold mews house situated in the heart of Belgravia, ideal for staff accommodation, private office or additional parking. 2 bedrooms, bathroom, kitchen/dining room, reception room/ garage, mews parking. Approximately 78 sq m (850 sq ft) Freehold Guide price: £1,995,000

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600 (SLA120115)

Montpelier Place, Knightsbridge SW7

Three bedroom freehold house A well-presented three bedroom house located in the heart of ‘Knightsbridge Village’. Master bedroom suite, 2 further bedrooms, further bathroom, reception room, dining room, family room, study, kitchen, cloakroom, patio garden.

Approximately 149 sq m (1,600 sq ft) Freehold Guide price: £3,300,000

KnightFrank.co.uk/Knightsbridge knightsbridge@knightfrank.com 020 7591 8600 (312614)

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Campden House Close, Kensington W8 This is a lovely south facing two bedroom house in this exclusive and quiet location arranged over two floors. 2 bedrooms, 2 bathrooms, reception room, kitchen, garage. Approximately 75 sq m (804 sq ft) Unfurnished £850 per week KnightFrank.co.uk/Lettings 020 7937 8203 kensingtonlettings@knightfrank.com

Airlie Gardens, Kensington W8

Allen Street, Kensington W8 A newly refurbished apartment located in this newly built development on Allen Street, benefitting from wood floors and one off-street parking space. 2 double bedrooms, 2 bathrooms, reception room, kitchen, off-street parking. Approximately 95 sq m (1,021 sq ft) Unfurnished £1,075 per week KnightFrank.co.uk/Lettings 020 7937 8203 kensingtonlettings@knightfrank.com

Phillimore Gardens, Kensington W8

A lovely apartment with high ceilings and access to a beautiful balcony with great views of Holland Park. 2 bedrooms, 2 bathrooms, reception room, dining area, kitchen, 2 terraces. Approximately 1126 sq m (105 sq ft)

A stunning apartment situated on the top two floors of a handsome, stucco-fronted building in prime Kensington. 3 double bedrooms, 2 bathrooms, reception room, kitchen, dining room, study, garage, parking space. Approximately 162 sq m (1748 sq ft)

Unfurnished

Furnished

£1,200 per week

£2,500 per week

KnightFrank.co.uk/Lettings 020 7937 8203 kensingtonlettings@knightfrank.com

KnightFrank.co.uk/Lettings 020 7937 8203 kensingtonlettings@knightfrank.com

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The Marlborough, Knightsbridge SW3 An immaculate and spacious third floor apartment in popular Knightsbridge building. Double bedroom with good storage, en suite bathroom, reception room, kitchen/dining room, communal courtyard garden and caretaker.

Furnished £595 per week KnightFrank.co.uk/Lettings 020 7591 8601 knightsbridgelettings@knightfrank.com

Cadogan House, Knightsbridge SW1X Newly refurbished third floor flat with views over Square Gardens.

3 bedrooms, 2 bathrooms, 2 reception rooms, eat-in kitchen, cloakroom, lift and access to square gardens. Approximately 176 sq m (1,894 sq ft) Unfurnished £1,850 per week KnightFrank.co.uk/Lettings 020 7591 8601 knightsbridgelettings@knightfrank.com

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First Street, Chelsea SW3 A delightful house in the heart of Chelsea with a garden. 3 bedrooms, 2 bathrooms, reception room, kitchen/dining room, cloakroom and patio garden. Approximately 134 sq m (1,450 sq ft) Furnished or unfurnished £1,450 per week KnightFrank.co.uk/Lettings 020 7591 8601 knightsbridgelettings@knightfrank.com

Lowndes Square, Knightsbridge SW1X Immaculate flat in a well-run block with lovely views over the gardens.

3 bedrooms, 3 en suite bathrooms, cloakroom, reception room, kitchen, lift and porter. Approximately 126 sq m (1,360 sq ft) Furnished £1,950 per week KnightFrank.co.uk/Lettings 020 7591 8601 knightsbridgelettings@knightfrank.com

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Chelsea Fulham & Parsons Green Kensington & Holland Park Knightsbridge, Belgravia & Mayfair Notting Hill & Bayswater West Chelsea & South Kensington

Sales 020 7225 3866 Sales 020 7731 7100 Sales 020 7938 3666 Sales 020 7235 9959 Sales 020 7221 1111 Sales 020 7373 1010

Lettings 020 7589 9966 Lettings 020 7731 7100 Lettings 020 7938 3866 Lettings 020 7235 9959 Lettings 020 7221 1111 Lettings 020 7373 1010

City OfďŹ ce Professional Valuations UK Commercial & Residential Residential Investment Property Management

020 7600 3456 020 7318 5039 020 7629 7282 020 7318 5198 020 7052 9417

struttandparker.com

Campden Hill Square | Kensington | W8 3,244 sq ft (301.37 sq m)

An outstanding six bedroom house with excellent entertaining space, a west facing garden, views and access to the beautiful garden square.

Entrance hall | Drawing room | Sitting room | Dining room | Kitchen | Master bedroom with en suite bathroom | Five further bedrooms | Second bathroom | Two en suite shower rooms | Study | Utility room | Cloakroom | Terrace | Front and rear gardens | Access to square gardens Price upon Application, Freehold

Kensington 020 7938 3666 Strutt and Parker DPS 1 B_B.indd 1

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Beaufort Street | Chelsea | SW3 3,178 sq ft (295.2 sq m)

An exceptional and meticulously refurbished period family house providing excellent open-plan family and entertaining space.

Entrance hall | Reception room | Open-plan kitchen/dining/family room | Master bedroom with en suite bathroom and dressing room | Four further bedrooms (two with en suite bath/shower rooms) | Further bathroom | Study | Cloakroom | Utility room | Air conditioning | Terrace | West-facing garden Asking price ÂŁ4,750,000 Freehold

West Chelsea 020 7373 1010 Strutt and Parker DPS 1 B_B.indd 2

Scan this QR code with your camera phone to read more about this property.

Free QR code readers are available for download from our website at struttandparker.com/ qrcode

18/04/2012 10:58

Chelsea Fulham & Parsons Green Kensington & Holland Park Knightsbridge, Belgravia & Mayfair Notting Hill & Bayswater West Chelsea & South Kensington

Sales 020 7225 3866 Sales 020 7731 7100 Sales 020 7938 3666 Sales 020 7235 9959 Sales 020 7221 1111 Sales 020 7373 1010

Lettings 020 7589 9966 Lettings 020 7731 7100 Lettings 020 7938 3866 Lettings 020 7235 9959 Lettings 020 7221 1111 Lettings 020 7373 1010

City Office Professional Valuations UK Commercial & Residential Residential Investment Property Management

020 7600 3456 020 7318 5039 020 7629 7282 020 7318 5198 020 7052 9417

struttandparker.com

Portland Road | Notting Hill | W11 1,877 sq ft (174.4 sq m)

Notting Hill

An outstanding four bedroom house in a private gated courtyard, with off-street parking and a west-facing terrace.

nottinghill@struttandparker.com

020 7221 1111

Drawing room | Kitchen | Four bedrooms | Three bath/shower rooms | Utility room | Cloakroom | Off-street parking Asking price £2,185,000 Freehold

Ralston Street | Chelsea | SW3 1,877sq ft (174.4 sq m)

Chelsea

This three double bedroom maisonette is in excellent order throughout with excellent proportions and great light.

chelsea@struttandparker.com

020 7225 3866

Entrance Hall | Drawing Room | Kitchen/breakfast room | Family room | Master bedroom with ensuite bathroom | Second double bedroom suite | Third double bedroom | Shower room | Utility room | Patio | Garden | Vaults Asking price £3,350,000 Share of Freehold

Strutt and Parker DPS 2 F_F.indd 1

18/04/2012 10:58

Kensington Park Road | Notting Hill | W11 2,528 sq ft (234.85 sq m)

Notting Hill

A wonderful and rarely found, laterally converted four bedroom flat, on the second and third floors of this handsome period building.

nottinghill@struttandparker.com

020 7221 1111

Drawing room | Kitchen | Study | Four bedrooms | Four bath/shower rooms | Dressing room | Utility room | Cloakroom | Two balconies Asking price ÂŁ3,600,000 Share of Freehold

Piper building | Fulham | SW6 1938 sq ft (180 sq m)

Fulham

An outstanding apartment on the third floor of this portered riverside development benefitting from parking, a balcony and a 38 ft reception room.

fulham@struttandparker.com

020 7731 7100

Reception room | Master bedroom with en suite bathroom and dressing room | Three further bedrooms | Shower room | Study | Cloakroom | Utility room | Balcony | Porterage and security | Parking | Communal roof garden Asking price ÂŁ1,295,000 Leasehold

Strutt and Parker DPS 2 F_F.indd 2

18/04/2012 10:58

Chelsea Fulham & Parsons Green Kensington & Holland Park Knightsbridge, Belgravia & Mayfair Notting Hill & Bayswater West Chelsea & South Kensington

Sales 020 7225 3866 Sales 020 7731 7100 Sales 020 7938 3666 Sales 020 7235 9959 Sales 020 7221 1111 Sales 020 7373 1010

Lettings 020 7589 9966 Lettings 020 7731 7100 Lettings 020 7938 3866 Lettings 020 7235 9959 Lettings 020 7221 1111 Lettings 020 7373 1010

City Office Professional Valuations UK Commercial & Residential Residential Investment Property Management

020 7600 3456 020 7318 5039 020 7629 7282 020 7318 5198 020 7052 9417

struttandparker.com

Acfold Road | Fulham | SW6 2,239 sq ft (208 sq m)

A beautifully presented, five bedroom ‘Lion House’ on this attractive and secluded road.

Drawing room | Kitchen/dining room | Playroom | Master bedroom with en suite shower room | Four further bedrooms | Two further bathrooms | Cloakroom | Utility room | Garden Asking price £1,895,000 Freehold Fulham 020 7731 7100 fulham@struttandparker.com

Niton Street | Fulham | SW6 2,605 sq ft (242 sq m)

A stunning four bedroom family house benefitting from an impressive 50 ft south-facing garden.

Hall | Two reception rooms | Kitchen/dining room | Four bedrooms | Three bath/ shower rooms | 50 ft south-facing garden | Utility room | Cloakroom | Cool room/cellar Asking price £1,850,000 Freehold Fulham 020 7731 7100 fulham@struttandparker.com

Strutt and Parker DPS 3 K_K.indd 1

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Tryon Street | Chelsea | SW3 1,306 sq ft (121.3 sq m)

An extremely well presented and well planned three double bedroom freehold house with a west-facing garden in this prime location.

Open plan double reception room | Raised study area | Kitchen/breakfast room | 3 double bedrooms | Bathroom | Shower room | Garden | Vaults Asking price ÂŁ2,495,000 Freehold Chelsea 020 7225 3866 chelsea@struttandparker.com

Ovington Street | Chelsea | SW3 1,807 sq m (16.9 sq m)

An exceptional recently refurbished freehold house ideally situated on a popular and quiet Chelsea Street Entrance hall | Drawing Room | Kitchen | Conservatory | Dining room/sitting room | Master bedroom with en suite bathroom | Terrace | Two further bedrooms | Bathroom | Study area | Vaults | Garden Asking price ÂŁ3,750,000 Freehold Chelsea 020 7225 3866 chelsea@struttandparker.com

Strutt and Parker DPS 3 K_K.indd 2

18/04/2012 10:59

Chelsea Fulham & Parsons Green Kensington & Holland Park Knightsbridge, Belgravia & Mayfair Notting Hill & Bayswater West Chelsea & South Kensington

Sales 020 7225 3866 Sales 020 7731 7100 Sales 020 7938 3666 Sales 020 7235 9959 Sales 020 7221 1111 Sales 020 7373 1010

Lettings 020 7589 9966 Lettings 020 7731 7100 Lettings 020 7938 3866 Lettings 020 7235 9959 Lettings 020 7221 1111 Lettings 020 7373 1010

City Office Professional Valuations UK Commercial & Residential Residential Investment Property Management

020 7600 3456 020 7318 5039 020 7629 7282 020 7318 5198 020 7052 9417

struttandparker.com

Durward House | Kensington | W8 649 sq ft (60.3 sq m)

Kensington

A charming and beautifully presented one bedroom flat on the ground floor of this well maintained portered building.

kensington@struttandparker.com

020 7938 3666

Entrance hall | Drawing room | Kitchen | Bedroom | Shower room | Resident porter | Lift Asking price £795,000 Leasehold

Priory Mansions | Chelsea | SW10 1141 sq ft (106 sq m)

West Cheslea

A meticulously refurbished three bedroom flat situated in this well run period mansion building.

westchelsea@struttandparker.com

020 7373 1010

Entrance hall | Open-plan reception room/kitchen | Master bedroom with en suite shower room and walk-in wardrobe | Bedroom two | Bedroom three/dining room | Bathroom | 24’ x 14’ garden Asking price £1,999,500 Leasehold

Strutt and Parker DPS 4 F_F.indd 1

18/04/2012 10:59

Onslow Gardens | Chelsea | SW7 Furnished

Chelsea

A stunning interior designed flat with wooden floors and elegant reception room, ideally located for the amenities of South Kensington.

chelsea@struttandparker.com

020 7589 9966

Reception | Two bedrooms | Bathroom | Kitchen | Access to communal gardens ÂŁ1,250 per week

Princes Gate | Knightsbridge | SW7 Furnished

Knightsbridge

A luxurious three bedroom lateral apartment refurbished to an exceptional standard, using the highest quality materials and state of the art technology

knightsbridge@struttandparker.com

020 7235 9959

Reception Room | Kitchen | Three bedrooms | Two Bathrooms | Cloakroom | Porter | Communal gardens ÂŁ2,950 per week

Strutt and Parker DPS 4 F_F.indd 2

18/04/2012 11:00

Chelsea Fulham & Parsons Green Kensington & Holland Park Knightsbridge, Belgravia & Mayfair Notting Hill & Bayswater West Chelsea & South Kensington

Sales 020 7225 3866 Sales 020 7731 7100 Sales 020 7938 3666 Sales 020 7235 9959 Sales 020 7221 1111 Sales 020 7373 1010

Lettings 020 7589 9966 Lettings 020 7731 7100 Lettings 020 7938 3866 Lettings 020 7235 9959 Lettings 020 7221 1111 Lettings 020 7373 1010

City Office Professional Valuations UK Commercial & Residential Residential Investment Property Management

020 7600 3456 020 7318 5039 020 7629 7282 020 7318 5198 020 7052 9417

struttandparker.com

Stafford Terrace | Kensington | W8 Furnished

Kensington

A stunning maisonette situated in a beautiful period building on one of Kensington’s most desirable streets.

kensington.lettings@struttandparker.com

020 7938 3666

Drawing room | Kitchen/dining room | Four bedrooms | Four bathrooms | Media room/Utility room | Garden £4,500 per week

Sloane Court East | Chelsea | SW3 Furnished

Chelsea

A stunning newly refurbished with elegant reception room and direct access to the communal garden.

chelsea.lettings@struttandparker.com

020 7589 9966

Reception room | Two bedrooms | Two Bathrooms | Garden £1,850 per week

Strutt and Parker DPS 5 F_F.indd 1

18/04/2012 11:00

Wilbraham Mansions | Knigtsbridge | SW1 Furnished, Short Let

Knightsbridge

An owner’s own home located in this impressive mansion block moments from Sloane Square and Knightsbridge.

knightsbridge@struttandparker.com

020 7235 9959

Drawing room | Kitchen | Master bedroom with en suite bathroom | Two further bedrooms | Bathroom | Cloakroom | Lift £6,000 per week

Brookville Road | Fulham | SW6 Unfurnished

Fulham

A superb house in the popular ‘Villes’ part of Fulham. The property is well proportioned throughout and finished to an extremely high standard.

fulham@struttandparker.com

020 7731 7100

Four bedrooms | Two bathrooms (one en suite) | Double reception room | Modern eat-in kitchen | Patio | Cellar £1,000 per week

Strutt and Parker DPS 5 F_F.indd 2

18/04/2012 11:00

savills.co.uk

1 A BRIGHT AND CHARMING LION HOUSE WITH POTENTIAL chiddingstone street, sw6 Reception room ø kitchen/dining room ø 4 bedrooms ø 3 bathrooms ø guest cloakroom ø cellar ø garden ø potential to extend (subject to planning permission) ø 231 sq m (2,486 sq ft)

Savills Fulham Justin Theobald jtheobald@savills.com

020 7731 9400 36

Guide £2.3 million Freehold

Savills output.indd 36

16/04/2012 16:05

savills.co.uk

1 CONVENIENTLY LOCATED MEWS HOUSE princes gate mews, sw7 Drawing room ø dining room ø kitchen/breakfast room ø 4 bedrooms ø 4 bathrooms (3 en suite) ø study/bedroom 5 ø roof terrace ø patio ø garage ø 216 sq m (2,324 sq ft)

Guide £3.8 million Freehold

Savills output.indd 37

Savills Knightsbridge

WA Ellis

Matthew Morton-Smith mmsmith@savills.com

Richard Barber rbarber@waellis.co.uk

020 7581 5234

020 7306 1600 37 16/04/2012 16:06

savills.co.uk

1 A WELL APPOINTED HOUSE SITUATED IN THIS HIGHLY SOUGHT AFTER STREET epple road, sw6 Open plan reception room ø kitchen/dining room ø master bedroom suite ø 2 further bedrooms ø bathroom ø south-west facing garden ø 103 sq m (1,108 sq ft)

Savills Fulham Sarah Lloyd sjlloyd@savills.com

020 7731 9400 38

Guide £1.05 million Freehold

Savills output.indd 38

16/04/2012 16:06

savills.co.uk

1 A RARELY AVAILABLE 'LONG BACK' LION HOUSE WITH A WEST-FACING GARDEN quarrendon street, sw6 Double reception room ø dining/sitting room ø kitchen ø 3 bedrooms ø 2 bathrooms ø guest cloakroom ø cellar ø west-facing garden ø 178 sq m (1,912 sq ft)

Guide £2.395 million Freehold

Savills output.indd 39

Savills Fulham Justin Theobald jtheobald@savills.com

020 7731 9400 39 16/04/2012 16:06

savills.co.uk

1 CHARMING VICTORIAN TERRACED HOUSE WITH PRETTY LAWNED GARDEN hazlebury road, sw6 Double reception room ø kitchen/dining room ø master bedroom suite ø 3 further bedrooms ø bathroom ø study/bedroom 5 ø guest cloakroom ø garden ø 142 sq m (1,528 sq ft)

Savills Fulham Sebastian Hipwood shipwood@savills.com

020 7731 9400 40

Guide £1.225 million Freehold

Savills output.indd 40

16/04/2012 16:06

savills.co.uk

1 EXCEPTIONAL HOUSE IN QUIET RESIDENTIAL STREET CLOSE TO HURLINGHAM PARK bettridge road, sw6 Double reception room ø cinema ø study ø kitchen/dining room ø 4 bedrooms ø 3 bathrooms ø utility room ø 2 roof terraces ø garden ø 215 sq m (2,314 sq ft)

Savills Fulham Emma Stead estead@savills.com

020 7731 9400 Guide £2.3 million Freehold

Savills output.indd 41

41 16/04/2012 16:06

savills.co.uk

1 AN EXCEPTIONALLY SPACIOUS AND WELL PLANNED LION HOUSE stokenchurch street, sw6 Double reception room ø play room ø kitchen/dining room ø 5 bedrooms ø 3 bathrooms ø guest cloakroom ø utility room ø garden ø 257 sq m (2,766 sq ft)

Savills Fulham Rosalind Watson rwatson@savills.com

020 7731 9400 42

Guide £2.5 million Freehold

Savills output.indd 42

16/04/2012 16:07

savills.co.uk

1 WONDERFULLY REFURBISHED WITH STUNNING GARDEN VIEWS airlie gardens, w8 Entrance hall ø open plan kitchen/reception room ø master bedroom with en suite bathroom and walk-in wardrobe ø 2nd bedroom with en suite shower room ø utility cupboard ø balcony ø lift ø access to communal gardens (subject to usual consents) ø 82 sq m (883 sq ft)

Asking £1.575 million Leasehold, approximately 92 years remaining

Savills output.indd 43

Savills Kensington Thomas Holcroft tholcroft@savills.com

020 7535 3300 43 16/04/2012 16:07

savills.co.uk

1 CONTEMPORARY APARTMENT WITH PORTER AND PARKING grosvenor waterside, sw1 Entrance hall ø reception room ø kitchen ø master bedroom with en suite bathroom ø 2 further bedrooms ø family bathroom ø separate storage cupboard ø balcony ø lift ø 24hr concierge ø secure underground carpark ø 106 sq m (1,146 sq ft)

44

Savills Sloane Street Tom Wilson twilson@savills.com

020 7730 0822

Guide £1.65 million Leasehold, approximately 990 years remaining

Savills output.indd 44

16/04/2012 16:07

savills.co.uk

1 AN APARTMENT WITH THE FEEL OF A HOUSE IN THE HEART OF WESTMINSTER marsham street, sw1 Entrance hall ø reception room ø kitchen and breakfast bar ø master bedroom suite ø 3 further double bedrooms ø family bathroom ø guest cloakroom ø 24hr porter ø parking ø 189 sq m (2,033 sq ft)

Guide £2.3 million Leasehold, approximately 994 years remaining plus Share of Freehold

Savills output.indd 45

Savills Sloane Street Christian Warman cgwarman@savills.com

020 7730 0822 45 16/04/2012 16:07

1

savills.co.uk

ELVASTON PLACE, sw7

PONT STREET, sw1

2 double bedrooms ø open plan reception room ø kitchen ø bathroom ø balcony ø 77 sq m (829 sq ft)

2 double bedrooms (1 en suite) ø reception room ø kitchen ø bathroom ø 80 sq m (861 sq ft)

£750 per week Unfurnished

£750 per week Unfurnished

3

46

2 4

Savills Knightsbridge cjcox@savills.com 020 7584 8585

Savills Knightsbridge cjcox@savills.com 020 7584 8585

HANS CRESCENT, sw1

PARK MANSIONS, sw1

Bedroom ø reception room ø kitchen ø bathroom ø 76 sq m (818 sq ft)

2 double bedroom suites ø reception room ø eat in kitchen ø lift ø guest cloakroom ø 24hr porter ø 83 sq m (893 sq ft)

£875 per week Furnished

£1,200 per week Furnished

Savills Sloane Street cjcox@savills.com 020 7584 8585

Savills Sloane Street swalmesley@savills.com 020 7584 8585

Savills output.indd 46

16/04/2012 16:07

savills.co.uk

1 REMARKABLE HOUSE IDEAL FOR ENTERTAINING walham grove, sw6 4 bedrooms (1 en suite) ø double reception room ø open plan kitchen and dining room ø bathroom ø guest cloakroom ø utility room ø garden ø 182 sq m (1,967 sq ft)

Savills Fulham Kate Rotheram krotheram@savills.com

020 7731 2692 £1,300 per week Unfurnished

Savills output.indd 47

47 16/04/2012 16:07

savills.co.uk

1

A WONDERFUL APARTMENT SITUATED IN THIS PRESTIGIOUS DEVELOPMENT kings chelsea, sw10 3 double bedrooms (2 en suite) ø reception room ø eat-in kitchen ø bathroom ø separate mezzanine level ø 2 balconies ø gym ø 24hr portage ø 165 sq m (1,786 sq ft) £1,800 per week Furnished

Savills Chelsea

2

Fitore Vula fvula@savills.com

020 7578 9020

A STUNNING NEWLY REFURBISHED FAMILY HOUSE IN THE HEART OF CHELSEA elm park road, sw3 4 bedrooms ø 2 reception rooms ø eat-in kitchen ø 2 bathrooms ø decked terrace ø conservatory ø 200 sq m (2,152 sq ft) £3,250 per week Unfurnished

Savills Chelsea Oliver Mellotte omellotte@savills.com

48 Savills output.indd 48

020 7578 9000 16/04/2012 16:07

savills.co.uk

1

LIGHT AND SPACIOUS APARTMENT IN A PERIOD BUILDING york street, w1 2 bedrooms ø reception room ø kitchen ø bathroom ø 84 sq m (902 sq ft) £750 per week Furnished

Savills Mayfair

2

Guy Bradshaw gbradshaw@savills.com

020 7578 5101

APARTMENT IN EXCEPTIONALLY REFURBISHED BUILDING guilford street, w1 Bedroom ø reception room ø kitchen ø bathroom ø communal laundry room ø porter £950 per week Furnished

Savills Mayfair Guy Bradshaw gbradshaw@savills.com

020 7578 5101 Savills output.indd 49

49 16/04/2012 16:07

1

savills.co.uk

DOURO PLACE, w8

ABBOTSBURY CLOSE, w14

6 bedrooms ø reception room ø kitchen ø 4 bathrooms ø cloakroom ø dressing room ø utility ø lawned garden ø garage ø off-street parking ø 301 sq m (3,240 sq ft)

4 bedrooms ø reception room ø eat-in kitchen ø study ø 2 bathrooms ø cloakroom ø westfacing garden ø Managed by Savills ø 163 sq m (1,754 sq ft)

£3,950 per week Unfurnished

£1,795 per week Unfurnished

3

50

2 4

Savills Kensington mhobbs@savills.com 020 7535 3333

Savills Kensington mkscott@savills.com 020 7535 3333

HORNTON COURT, w8

KENSINGTON PK RD, w11

2 bedrooms ø reception room ø kitchen ø 2 bathrooms ø cloakroom ø utility room ø Managed by Savills ø Phillimore Estate property ø 158 sq m (1,701 sq ft)

2 bedrooms ø reception room ø kitchen/dining room ø 2 bathrooms ø 2 balconies ø Managed by Savills ø 127 sq m (1,367 sq ft)

£1,250 per week Unfurnished

£1,250 per week Flexible furnishings

Savills Kensington jdivito@savills.com 020 7535 3333

Savills Kensington ndennis@savills.com 020 7535 3333

Savills output.indd 50

16/04/2012 16:08

1

savills.co.uk

2

MONTPELIER WALK, sw7

WALTON STREET, sw3

4 bedrooms (1 en suite) ø reception room ø kitchen with dining area ø bathroom ø roof terrace ø 150 sq m (1,618 sq ft)

2 double bedrooms (1 en suite) ø reception room ø eat-in kitchen ø bathroom ø lift ø 131 sq m (1,412 sq ft)

£1,550 per week Furnished

£1,975 per week Furnished

3

4

Savills Chelsea swalmesley@savills.com 020 7584 8585

Savills Knightsbridge swalmesley@savills.com 020 7584 8585

LENNOX GARDENS, sw1

PRINCES GARDENS, sw7

3 bedrooms (1 en suite) ø reception room ø kitchen ø bathroom ø balcony ø lift ø gardens access ø 134 sq m (1,449 sq ft)

3 double bedrooms (2 en suite) ø reception room ø dining room ø kitchen ø study/4th double bedroom ø bathroom ø patio garden ø 228 sq m (2,454 sq ft)

£1,800 per week Unfurnished

£2,650 per week Flexible furnishings

Savills Knightsbridge cjcox@savills.com 020 7584 8585

Savills Knightsbridge swalmesley@savills.com 020 7584 8585

Savills output.indd 51

51 16/04/2012 16:08

LONDON PROPERTY

REVIEW

Market view

They say the devil is in the detail, and since George Osborne’s budget announcement, the prime central London property market has been waiting for the detail of his plans, writes property finder Robert Bailey.

At the time of writing, we’re waiting for the publication of a White Paper that will shed more light on some of the proposals.

There is, of course, a new 7 per cent stamp duty threshold on property above £2m, and 15 per cent for property at that level purchased through a ‘non-natural person’ (a company or similar entity).

High-end buyers won’t be deterred by the 7 per cent threshold and most will seek to negotiate this off the asking price or know that capital gains will soon offset this tax. What George Osborne failed to realise, though, is that many home buyers who bought through a company didn’t do so because they were seeking to avoid stamp duty, but for other reasons.

Currently, I’m trying to find a flat in Belgravia for an insurance firm with numerous employees travelling to London from around the country and world. It’s far cheaper and easier for them to maintain a company flat than to sort out hotels, and it also represents an asset for the company. But in the wake of the budget, its plans have been put on hold. The company wouldn’t have baulked at paying 7 per cent stamp duty, but 15 per cent has given pause for thought.

Of even greater concern is the proposed annual levy (currently under consultation with an announcement to be made some time next year) on companies holding residential property. If this levy’s enacted, it will become prohibitively expensive for my client to maintain a corporate flat and they will abandon the idea.

This isn’t an isolated case, with many property deals on hold until the government decides what to do. Property funds, buy-to-let investors and private individuals who simply don’t want to hold such a valuable asset in their own name are all affected. One Mayfair estate agent is reporting that 79 per cent of its purchasers bought through a company last year and only a small minority were motivated to do so to avoid stamp duty. If you’re wealthy enough to afford a property in Mayfair, 7 per cent duty isn’t a deal breaker. Punitive rates of stamp duty plus an annual levy will be.

My concern is that the property market, one of the few positive investments in these difficult times, will remain in a state of limbo until the levy issue’s resolved. Since the budget, the market’s been more subdued, and I can only hope that George Osborne abolishes the idea of this levy soon. www.robertbaileyproperty.com 020 7352 0899

London in top spot for next decade Cheryl Markosky brings you the latest word on the streets London is seen as one of the most important world cities for the next 10 years, along with New York, Hong Kong and Paris, according to a new survey.

Quality of life, knowledge and influence, and economic activity are key factors for the uber-rich investing in property, says Knight Frank and Citi Private Bank’s sixth Wealth Report.

While Beijing and Shanghai are the cities with the most rapid growth in importance to high net-worth individuals, Dubai rates highest for well-heeled buyers from the Middle East and Africa.

Personal security (63 per cent) is now

rated above economic openness (60 per cent) when it comes to choosing where to live, and wealth flowing from developing economies to leading prime markets, such as Miami, Vancouver and London, underpinned prices last year.

Andrew Shirley, editor of The Wealth Report, says: “This year’s Wealth Report contains even more evidence that the world’s wealthy are weathering the economic slowdown better than the wider population, and nowhere is this better reflected than in prime property markets.

Those markets considered ‘safe haven’ locations continue to attract private investors looking for property. Political and economic uncertainty across the world is only helping to exacerbate the trend.”

Top shops and community spirit Interest in areas not considered ‘classic’ prime central London, such as Marylebone, is on the up. Marylebone, where its eclectic High Street was highlighted as a success in the Mary Portas (Queen of Shops) report, is regarded as a hit, as potential buyers enjoy the slightly more relaxed atmosphere and the high number of independent shops, says Rachel Thompson, property finder from The Buying Solution (the house locating arm of Knight Frank).

“Notting Hill is also attracting buyers searching for a sense of community that’s sometimes missing from residential hot spots within prime central London, such as Belgravia or Knightsbridge. This is due to the fact that many properties are owned in these locations by people only in London for a few weeks of the year,” she points out.

Thompson also notes that more property has come on to the market, much of which is located in what are considered to be ‘secondary’ locations. “This means that the small number of ‘best-in-class’ properties available continue to attract an enormous amount of interest, which often results in sales being concluded with ‘best offer’ bids.”

Alexander Leschallas from Douglas & Gordon finds demand for property in Pimlico is far out-stripping supply, which also leads to “high competition among buyers, resulting

52 DT News DPS.indd 1

18/04/2012 10:35

LONDON PROPERTY

REVIEW

The world’s choice Overseas interest in prime London continues unabated, says Gary Hersham from Beauchamp Estates. “Russian and Indian buyers dominate the top end of the market, followed by purchasers from Europe and the Middle East, all looking for homes and investment properties in the capital.”

Although relatively weak sterling attracts overseas money into London, Hersham doesn’t believe this is the main driver for investment. “With continued global uncertainty, many view London property as a bank – a secure place to park wealth as a tangible and useable asset.”

As well as financial security offered by prime London property, the attraction of capital growth brings in new investors, including those looking to add to an existing London portfolio, adds Hersham. Best performing postcodes were Knightsbridge and Mayfair recording growth of 31 and 17 per cent respectively last year as competition for the best properties intensified.

Simon Rose from Strutt & Parker West Chelsea observes that a mix of UK, French and Italians still makes up the majority of buyers, although the 15 per cent tax levied at company purchases on property of £2m-plus could prove to be a hindrance for some purchasers.

“When I asked a representative of a client

with a number of properties in prime central London about the new tax, he said his client’s use of the company structure was not used to save stamp duty or protect the client’s identity, but to safeguard the children from inheritance tax,” explains Rose. “Time will only tell what impact this truly has on the London market.”

Meanwhile, over in Notting Hill, Chinese buyers have been outnumbering any other overseas purchasers, reports John Wilcox from Beaney Pearce.

“Over the last year, 15 per cent of our sales have been to buyers from the People’s Republic of China. That equals the number of sales to Middle Eastern buyers and is almost as many as for the whole of the eurozone combined (18 per cent). Sales to Russians made up 5 per cent of the total, although the average value of those sales was nearly treble that to the Chinese,” he says.

Now that the Italian government has passed legislation imposing a tax of 0.76 per cent per year on the value of overseas second homes owned by Italian citizens, it remains to be seen what effect this could have on the capital. “Given that London is, our Italian friends tell us, the favoured city for most such purchases, this is, in effect, a tax on London property ownership,” Wilcox adds.

“With continued global uncertainty, many view London property as a bank” Gary Hersham, Beauchamp Estates

in properties often far exceeding their asking prices, and property values in excess of 2007 levels.”

The most popular properties are two and three-bedroom homes, with prices ranging from £500,000 to £1.5m, still representing great value compared to properties in some neighbouring areas. This is a key pull to buyers who see the area as still being undervalued, and thus a solid investment.

“The competition levels can be unprecedented at times, and recently through a sealed bid involving three potential buyers, a two-bedroom property exceeded its asking price by £155,000. For highly desirable properties, prices being achieved are well in excess of 2007 prices,” adds Leschallas.

London voice Report by Noel Flint, head of London Residential, Knight Frank The big question on everyone’s minds is what impact have the changes to stamp duty had on the prime central London market? While it is still early days since the Budget announcements, made on March 21st, what we are experiencing at Knight Frank is that the market seems to be absorbing the 2 per cent rise to 7 per cent for property sales over £2m.

Initially there were concerns that this 2 per cent increase would slow the market, particularly around the £2m price level, but this does not seem to be the case. Demand remains strong and prices have not come off as a result of the increases in stamp duty.

As for the 15 per cent rate for properties purchased by non-resident ‘non-natural’ persons, there is still too little evidence to suggest whether or not there will be a significant impact in this type of purchase.

My view at the moment is that we are seeing fewer purchases in offshore companies and there is now an increase in people looking to purchase through children’s names, trustees or nominee companies. I suspect a lot of work is going on behind the scenes by solicitors and tax consultants, working out the best way to minimise stamp duty charges.

In other respects, the prime central London market remains buoyant with prices increasing during March by 1.1 per cent, bringing price growth over the 12 months to March up to 11.3 per cent.

Numbers of sales are also up by 42 per cent in the first quarter of 2012, compared to the first quarter of 2011, with activity in the £5m plus bracket particularly buoyant – up 93 per cent over the same period.

London continues to be a magnet for overseas purchasers and in the last 12 months we have sold properties to over 63 different nationalities, with lifestyle, security, English-speaking culture and education among the top reasons people are choosing to live or invest here.

As we move into the summer, we look forward to the Queen’s Diamond Jubilee followed by the Olympics – both of which will raise London’s profile and may encourage some visitors from further afield to visit London and become drawn by the appeal of its lifestyle and architecture.

From a Knight Frank perspective, we are upbeat about the prospects for London, so much so that we are opening six new offices this year, starting with a stunning new Riverside office located within Albion Riverside in Battersea.

53 DT News DPS.indd 2

18/04/2012 10:35

LONDON PROPERTY

REVIEW

Bridge the gap to seal a deal

Yields go south In its latest report on the investment market, Knight Frank is calling for much greater investment in the private rented sector, which it is forecasting to grow over the next five years, just as it has boomed in the past decade.

The report, which is both fascinating and radical in its examination of new investment models, such as ‘build to let’, says that tighter mortgage conditions are forcing a growing number of wouldbe buyers to rent instead. And while demand is greatest in the prime areas of central London, the squeeze on jobs and incomes in the financial sector is leading many tenants to downsize their homes and look for more modest accommodation on the capital’s fringes.

As a result, says the report, landlords can find far greater yields in less central areas, notably the southern side of London such as Putney, Richmond and Kingston.

Buy chain-free and compete with cash buyers, says Duncan Farmer House price figures showed a dramatic increase in March, mainly as a result of the end of the stamp duty holiday for first-time buyers at the end of that month. But far from enjoying a buoyant national housing market, estate agents say the figures hide the true picture of a market that is both fragmented and highly localised.

Some agents say that while houses in one street will fly off the shelves, others just a few streets away will languish on the market for months, and that talk of nationwide house prices is misleading.

Indeed, the prime central London market is like no other and bears no relation to what is happening in the country at large, or even on the capital’s fringes.

Mark Harris of SPF Private Clients, the broker, says that such is demand for highend homes in the heart of London that many of his clients are buying their next house before selling their last and using bridging finance to complete the deal.

“We are doing a lot of deals at the moment where the client is arranging bridging finance in order to compete with the more favoured cash buyer,” says Harris. “Effectively we arrange a larger loan

It’s payback time for cautious borrowers The number of homeowners looking to re-mortgage has fallen to its lowest level for 13 years as borrowers appear reluctant to take on new debt.

Instead they are trying to clear their existing loan.

The British Bankers Association said the number of re-mortgaging approvals was 18,147 in March, down from 20,635 in January. David Dooks, statistics director at the BBA, said: “Businesses and households continue to be cautious about their finances in the face of difficult economic times and this shows up in a reluctance to take on new credit, or where possible, seeking to pay back bank borrowing. Confidence will be helped in the coming months by official schemes to support the mortgage market and stimulate business demand for credit.”

secured against both properties (the one being sold and the one being bought).

The loan is then reduced upon sale of the existing property. It allows the buyer to be chain-free and therefore deliver against deadlines on the purchase, and also gives them time to achieve the best price for their own home.”

Traditional bridging finance, however, is expensive and rates are usually about 0.75 per cent per month, but Harris structures the loan differently: rather than arranging a bridging loan for the purchase of the new home he rolls the existing mortgage and the new mortgage into one at the same rate of interest.

“Rather than using bridging finance, which can be expensive, we secure these facilities on a bespoke basis with a number of private banks. What we generally do is arrange an initial loan at the same rate with a built-in expectation that the loan is reduced upon the sale of the existing property within 12 months,” he says.

“Traditional bridging is available from 0.75 per cent per month whereas this is structured at private bank pricing with all-in pay rates of between 2.5 and 3.5 per cent per annum. That’s a huge difference.”

Current Best Buy Mortgages

Fixed Rates

Source: Charcol Ltd 0800 718191 www.charcol.co.uk

LENDER

CURRENT RATE

FIXED TO

MAX ADV

LENDER FEE

REVERT RATE

THE OVERALL COST FOR COMPARISON IS

EARLY REPAYMENT CHARGE (ERC)

ING Direct

3.19%

31/07/14

60%

£945

3.50% Variable

3.60% APR

2.70/1.80% to 31/07/14.

Can repay up to 10% p.a. ERC free.

Loans £50k - £2m. Valuation fee refund on Purchases.

Free valuation and free legal service on Remortgages.

ING Direct

3.89%

31/07/17

60%

£945

3.50% Variable

3.80% APR

4.1% for 3 years, 1.6% to 31/07/17.

Can repay up to 10% p.a. ERC free.

Loans £50k - £2m. Valuation fee refund on Purchases.

Free valuation and free legal service on Remortgages.

John Charcol

4.39%

31/05/14

85%

£995

3.99% Variable

4.20% APR

3/2% to 31/05/14.

Can repay up to 10% p.a. ERC free.

Max loan: £1m. Free valuation and free legal service on Remortgages.

Leeds

4.49%

31/05/17

85%

£999

5.69% Variable

5.50% APR

5/5/4/3/2% to 31/05/17.

Can repay up to 10% p.a. ERC free.

Max loan £500k. Free valuation for Purchases and Remortgages. Free legal service on Remortgages.

NOTES

54 DT Finance DPS.indd 1

18/04/2012 10:37

LONDON PROPERTY

REVIEW

Property tax proposals

Interest-only ticks the box

Patrick Bullick, chairman NAEA London Region and MD of Stanley Chelsea, reports for London Property Review

Martin Wheatley, incoming head of the Financial Conduct Authority (which will be the regulator responsible for consumer protection when the Financial Services Authority is dismantled), referred to the sizeable stock of outstanding interest-only mortgages as a ‘ticking time bomb’.

Interest-only loans are particularly popular at the top end of the market. However, analysis by the Council of Mortgage Lenders shows that the majority of interest-only loans maturing throughout this decade have a comfortable equity cushion. For loans maturing over the next three years, over half have an equity stake of over 70 per cent of the property value, and a further third have a stake of more than 45 per cent of the property value.

At the other end of the scale there are very few mortgages with smaller equity stakes due to mature in the next three years. In total it estimates there are 6000 interest-only mortgages – just one per cent of all interestonly loans due to mature over that time – with less than 10 per cent equity. Hardly a time bomb, and barely ticking.

Chancellor George Osborne has said he wants to implement capital gains tax (CGT) and a property-based wealth tax in April 2013 for non-resident, nonnatural persons – offshore company structures.

He has also said he will consult on the exact implementation. Perhaps I am naive, but I believe we should take him at face value. So here are a few suggestions of mine for consideration.

It is simply not fair that any non-resident should be CGT exempt when a UK-based investor would be paying 28 per cent CGT on gains when selling a property other than their own home (primary residence). By definition, a nonresident does not have a primary residence here, so should pay CGT on all their residential property in the UK, however it is held.

I would suggest a special, internationally competitive rate of 10 or 15 per cent.

Not enough to put foreign investors off but enough to raise some revenue and help stop the distortion to the London market that CGT exemption helps create.

CGT is a tax that people seldom resent paying as it is, after all, only payable where there is a gain in value during ownership.

On the other hand, stamp duty land tax (property purchase tax) is now 7 per cent on purchases above £2m. This is going in completely the wrong direction: until 1997, when our friend Gordon Brown took over the Treasury, stamp duty was 1 per cent all the way up.

With rates this high, people are reluctant to sell and re-buy property thereby inhibiting their ability to move. This is bad for the free movement of labour and the economy as a whole. Transaction levels are down by about 40 per cent in the London area. High transaction taxes are known to lessen turnover so the increase in revenue to HMRC will be pretty limited.

Any revenues raised through CGT on non-residents should be put towards reducing SDLT, which will directly lead to increased turnover.

If an annual property asset tax were to be charged to any non-resident owners it should, in my view, be at a rate of about 0.5 per cent of the asset value. This could be self-assessed with HMRC having the right to check it, as they do all tax returns.

The fact that such a tax existed might help to encourage non-resident owners to let out their properties rather than keep them empty for much of the year as is the case now. This would be good for the supply of rental property and help ease the constant pressure to build new properties in our capital city.

LENDING IS RISING Mortgage lending has increased for seven months in a row, according to figures from the Council of Mortgage Lenders, with data showing that lending for house purchase remained brisk in advance of the end of the stamp duty concession for first-time buyers at the end of March.

Although February’s gross lending total was estimated at £10.7 billion, only a shade higher than January’s total of £10.65 billion, the figure was 14 per cent higher than in February 2011 (£9.4 billion).

A seasonal decline is normally expected in the winter months, but the launch of the NewBuy scheme should help to bolster lending in the coming months.

That could potentially offset a dip in lending activity brought about by the end of the first-time buyer stamp duty concession.

Variable Rates & Variable/Fixed Rates LENDER

CURRENT RATE

BASIS AND TERM

MAX ADV

LENDER FEE

REVERT RATE

THE OVERALL COST FOR COMPARISON IS

EARLY REPAYMENT CHARGE (ERC)

NOTES

Metro Bank

3.05%

0.95% discount for 2 years

80%

£500

4.00% Variable

4.00% APR

2/1% for 2 years. Can repay up to 10% p.a. ERC free.

Max loan £500k. Free valuation and free legal service on Remortgages. Lender’s Current Account to be opened.

Coventry

4.39%

Variable for term

85%

£999

N/A

3.60% APR

No ERC Unlimited overpayments allowed

Max loan: £2m. Free Valuation on Purchases & Remortgages. Free legal service on Remortgages.

Bank of China

2.80%

BR +2.30% for term

80%

£1295

N/A

2.90% APR

1% in year 1 on full repayment.

Unlimited overpayments.

LENDER

CURRENT RATE

BASIS AND TERM

MAX ADV

LENDER FEE

FOLLOW ON RATE

THE OVERALL COST FOR COMPARISON IS

EARLY REPAYMENT CHARGE (ERC)

NOTES

Woolwich

3.29%

BR +2.79% to 31/05/14

70%

£999

4.29% Fixed

4.00% APR

3% to 31/05/17. Can repay up to 10% p.a. ERC free.

Max loan £1m. Tracker rate reverts to 4.29% Fixed to 31/05/2017.

Free valuation and free legal service or £200 cashback on Remortgages.

Capital & Interest Repayment only. Higher fees apply over £500,000: £2495 to £1m & 0.50% over £1m.

55 DT Finance DPS.indd 2

18/04/2012 10:37

propertyreview ADVERTISEMENT FEATURE

Thoughts from Sloane Square The Hamptons International Sloane Square branch is situated within the historic Willett Building on the corner of Sloane Square and Lower Sloane Street, which used to be the Hamptons International head office until it moved to 32 Grosvenor Square in 2006. As part of our expansion plans in central London, it was refurbished at the end of 2011 and re launched at the beginning of 2012 with an expanded sales and lettings team. We cover Belgravia, Sloane Square and parts of Chelsea and Knightsbridge where we overlap with our Chelsea and Knightsbridge offices.

I’ve been working in this beautiful building since August 2009 and became sales manager at the beginning of the year. I’ve been an estate agent since 1998 and have previously been a manager at John D Wood & Co and have also worked in Battersea, Putney and Parsons Green.

Those areas tend to be more domestic markets, with many of the buyers working in the City, whereas Prime Central London is much more international, as you can see from the chart. Since the low point in March 2009, the market here has now risen almost 40 per cent due to the ongoing shortage of property to sell and the continued demand from abroad - it has now risen above its previous peak in 2007.

Whilst the rate of increase has slowed somewhat in the last twelve months, Prime Central London property continues to remain attractive to foreign buyers due to it being one of the world’s most international cities. One of the main reasons they buy here is for investment purposes as they see Prime Central London property as a safe long term bet. This means that this ongoing shortage of prime stock will not ease any time soon.

No one knows how the Olympic Games will affect the market but I think that it’s a fantastic opportunity for London to demonstrate why it’s one of the world’s greatest cities and having been to an Olympic Games before, I wanted to actively take part and am very proud to have volunteered and will be working alongside the photographers in the Olympic Stadium.

Nathaniel Wilde

2011 Prime London International Buyers Index 1% 3% 10% 2%

8%

21%

India

Other

3%

Russia

United States

5%

South Africa

UK

37%

Far East

China

European Union

Middle East

13%

Source: Hamptons International Research

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Hamptons Sloane Square 020 7717 5481 sloanesquare@hamptons-int.com

Sloane Court West, SW3 ÂŁ1,250,000 Leasehold

A charming one bedroom apartment situated on the third floor of a period red brick building which benefits from a porter, lift and a long lease. Sloane Court West is situated moments from Sloane Square.

Elizabeth Street, SW1W ÂŁ2,395,000 Leasehold

An extremely light three bedroom maisonette that has been beautifully refurbished in a contemporary style and which benefits from a long lease. Elizabeth Street is situated in the heart of Belgravia and offers a small selection of upmarket shops, bars and restaurants.

In the year of medals, we are already on a winning streak.

Hamptons International Silver for Best UK Large Estate Agency and Best for Marketing.

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RIGHT-HAND

Knightsbridge Sales 020 7717 5461 knightsbridge@hamptons-int.com

Park Close, SW1X ÂŁ1,150,000 Leasehold A beautifully presented two bedroom lower ground floor flat situated on the South Carriage, the southern boundary of Hyde Park. The property has a wonderful reception room and recently refurbished and spacious kitchen, with two bedrooms and a shower room.

Cromwell Road, SW7 ÂŁ1,395,000 Leasehold

An extremely well positioned raised ground floor flat which has been tastefully modernised throughout. The property offers a large living room with wood flooring, fully fitted eat in kitchen, two double bedrooms with fitted storage and two bathrooms.

In the year of medals, we are already on a winning streak.

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Hamptons International Silver for Best UK Large Estate Agency and Best for Marketing.

18/04/2012 12:41

RIGHT-HAND

Chelsea Sales 020 7717 5431 chelsea@hamptons-int.com

Morton Mews SW5 £3,850,000

Cathcart Road SW10 £2,195,000

Bina Gardens SW5 £1,900,000

Sydney Street SW3 £4,850,000

An attractive and substantial four bedroom freehold house, forming part of this popular mews. This period property is set over 4 floors and has a 35’9 main reception room and 23’2 kitchen/dining room.

A rare chance to acquire this lovely light and bright raised ground, ground and lower ground floor apartment, forming part of this attractive red brick building.

A beautifully refurbished second, third and fourth floor apartment forming part of this attractive period building dating back to the late 1860’s.

Another stunning property from Florio Bilinski. An immaculately refurbished and interior designed five bedroom freehold house forming part of this pretty Victorian terrace in Sydney Street.

Invite Hamptons into your home.

There’s a different story behind every door. Whether you’re buying or selling, renting or letting, we can help. Contact us on 020 7835 1444.

The market is moving, are you?

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LEFT-HAND

Hamptons Kensington 020 7717 5457 kensington@hamptons-int.com

Observatory Gardens W8 £1,999,750 Leasehold

Phillimore Court W8 £2,650,000 Leasehold A superb four bedroom family apartment offering versatile lateral living space on the third floor of this highly desirable portered building, which has the benefit of a communal roof terrace (1830 Sqft).

Lower Addison Gardens £399,950 Leasehold A bright second floor one bedroom south facing apartment with a lovely green outlook.

The property has been recently refurbished and would make an ideal pied a tere or rental investment. (430 Sqft).

Adam and Eve Mews W8 £3,200,000 A superb 3 bedroom period mews house fully refurbished to the most exacting of standards offering a high quality finish throughout. (1862 Sqft).

A wonderful two bedroom second floor apartment, with a lovely south facing reception room, good ceiling height and offers underground parking (850 Sqft).

Invite Hamptons into your home.

60 Hamptons Kensington FP.indd 2

There’s a different story behind every door.

Whether you’re buying or selling, we can help. Contact us on 020 7937 9371.

The market is moving, are you?

18/04/2012 10:08

Notting Hill 020 7717 5469 nottinghillsales@hamptons-int.com

Hereford Road, W2 £1,925,000 Freehold A fantastic London home with two bedrooms, two bathrooms and a large roof terrace.

The house has been refurbished to a very high standard.

Ladbroke Gardens, W11 £899,000 Leasehold

Ladbroke Grove, W10 £799,950 Leasehold

Gloucester Terrace, W2 £575,000 Leasehold A well-proportioned and bright one bedroom apartment ideally located on the second floor of a period building, close to Westbourne Grove.

A stylishly refurbished upper maisonette which has been designed and finished to exacting standards with large first floor living room and a great feeling of space.

On the top floor of an impressive Victorian building in the heart of Notting Hill, overlooking a mature communal garden and benefitting from great proportions.

In the year of medals, we are already on a winning streak.

Hamptons International Silver for Best UK Large Estate Agency and Best for Marketing.

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LEFT-HAND

Hamptons Paddington 020 7717 5473 paddington@hamptons-int.com

Stanhope Terrace, W2 £2,350,000 Leasehold

Westbourne Terrace, W2 £1,990,000 Share of Freehold A stunning raised ground floor apartment with wonderful ceiling heights, original features and an abundance of natural light. Comprising two generous bedrooms this property also offers wonderful living space including a grand reception room and a bespoke kitchen/dining room ideal for entertaining.

Sussex Place, W2 £2,850,000 Share of Freehold An extremely bright and well presented lateral apartment located on the third floor (with lift) of this popular portered block. Comprising fantastic living and entertaining space this wonderful apartment includes four generous sized bedrooms (one en-suite), a fully fitted kitchen /breakfast room with separate utility room.

Balmoral Apartments, W2 £1,650,000 Leasehold

Located on the “doorstep” of Hyde Park and within and an attractive period building a simply stunning garden apartment that has been designed and refurbished to a high specification. Measuring in excess of 2000 sq ft this apartment offers fantastic entertaining space either in the west facing reception room or private patio garden.

A quite stunning and immaculately presented thirteenth floor apartment with fantastic views stretching towards Hyde Park and beyond. The property boasts an impressive south/west facing main reception room with an abundance of natural light, and access to a large balcony.

Home means something different to us all.

62 Hamptons Paddington Sales.indd 2

That’s why at Hamptons International we take the time to find out exactly what you want from your move and then make sure that is what you get.

18/04/2012 10:10

RIGHT-HAND

Hamptons Pimlico & Westminster 020 7834 4771 pimwest@hamptons-int.com

Moreton Place £1,450,000 Share of Freehold A delightful maisonette in the Moreton triangle of Pimlico arranged over three floors with two west facing terraces.

Cambridge Street £4,450,000 Freehold This is a very fine and beautifully modernised five/six bedroom, four bathroom family house extending to circa 4200 sq.ft, with ample entertaining space.

Neville House, Marsham Street £485,000 Leasehold A very well presented one bedroom ground floor apartment offering fabulous, well planned accommodation within a purpose built block.

St. Georges Square £650,000 Leasehold This is a beautifully presented and proportioned two bedroom, two bathroom (one en-suite) apartment with well appointed kitchen and bathrooms.

West Warwick Place £845,000 Freehold A charming and beautifully presented house with a well appointed Kitchen and a superb Reception room with large windows.

Millicent Court £1,395,000 Share of Freehold A beautiful three bedroom apartment offering over 1400 square feet of living space and overlooking internal gardens with its own terrace and private parking.

In the year of medals, we are already on a winning streak.

Hamptons International Silver for Best UK Large Estate Agency and Best for Marketing.

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63 18/04/2012 10:07

We’ll sell your home... on the house.

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We’ll charge 0% commission when you instruct our new Earls Court office to sell your property.

You may think we’re new to the area but we’ve been selling and letting property in the Royal Borough since 1856. It’s our unrivalled local knowledge – and knowing how to use it – that gets our clients better results.

To find out more call 020 7368 4458 or visit marshandparsons.co.uk/OnTheHouse

For full terms and conditions please visit:

marshandparsons.co.uk/OnTheHouse

Local know-how. Better results.

65 Marsh parsons output.indd 65

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Local know-how. Better results.

Our Offices:

Brook Green

Hammersmith

Mayfair

Balham

Chelsea

Holland Park

North Kensington

Barnes

Clapham

Kensington

Notting Hill

Battersea

Fulham

Little Venice

Pimlico

St James’s Gardens W11 £6,500,000 An elegant, mid terrace house, with fantastic views over the glorious garden square, enjoying fantastic, light aspects. The accommodation is arranged over five floors and is currently configured to provide an independent lower ground floor apartment. The main house provides magnificent reception space including a stunning first floor drawing room, a grand master bedroom with en suite bathroom that occupies the entire second floor, three further double bedrooms and a family bathroom. Freehold. Sole Agents.

HOLLAND PARK: 020 7828 8100 sales.hol@marshandparsons.co.uk

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Follow us on Twitter: twitter.com/marshandparsons

Join us on Facebook: facebook.marshandparsons.co.uk

Visit our YouTube channel: youtube.com/user/marshandparsons

SALES

See all of our properties online: marshandparsons.co.uk

Halsey Street SW3 ÂŁ4,350,000 This fabulous property comprises a bright reception/dining room, a stunning kitchen that leads out to a private terrace overlooking the patio garden, a family room, guest cloakroom and a utility room. The bedroom accommodation boasts a master bedroom suite arranged over the entire second floor, four further double bedrooms and a bathroom. Freehold. Sole Agents.

CHELSEA: 020 7591 5570 sales.chs@marshandparsons.co.uk

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Local know-how. Better results.

Our Offices:

Brook Green

Hammersmith

Mayfair

Balham

Chelsea

Holland Park

North Kensington

Barnes

Clapham

Kensington

Notting Hill

Battersea

Fulham

Little Venice

Pimlico

Redcliffe Gardens SW5 ÂŁ2,250,000 Presented in excellent condition, with a newly installed kitchen and bathrooms, this large apartment is located on the third floor of a very popular red brick mansion block comprising a large reception room, a dining room, a large kitchen, three large bedrooms (one en suite) and a family bathroom. Further benefits include access to beautiful communal gardens, 24 hour security and a lift. Share of Freehold.

EARLS COURT: 020 7835 0620 sales.ect@marshandparsons.co.uk

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Follow us on Twitter: twitter.com/marshandparsons

Join us on Facebook: facebook.marshandparsons.co.uk

Visit our YouTube channel: youtube.com/user/marshandparsons

SALES

See all of our properties online: marshandparsons.co.uk

Lexham Gardens W8 £1,425,000 This superb first floor apartment with a balcony is situated in a beautiful south facing period building in the heart of Kensington. The stunning property is flooded with natural light and offers excellent living/entertaining space throughout including a large reception room, two double bedrooms and two bathrooms. Lexham Gardens is a popular address within the Royal Borough. Share of Freehold. Sole Agents.

KENSINGTON: 020 7368 4450 sales.kns@marshandparsons.co.uk

Redcliffe Gardens SW10 £1,195,000 Located on a sought after residential street this wonderful apartment is set on the raised ground floor of an imposing Victorian period house. The property boasts a large reception room with stunning original features, an internal kitchen, two large double bedrooms facing onto the quiet gardens and a family bathroom. Share of Freehold.

EARLS COURT: 020 7835 0620 sales.ect@marshandparsons.co.uk

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Local know-how. Better results.

Our Offices:

Brook Green

Hammersmith

Mayfair

Balham

Chelsea

Holland Park

North Kensington

Barnes

Clapham

Kensington

Notting Hill

Battersea

Fulham

Little Venice

Pimlico

Bolton Gardens SW5 ÂŁ1,700 per week This bright and contemporary house is arranged over three floors with a private terrace, located close to the amenities of Gloucester Road and Earls Court. The property boasts a large kitchen/dining area, a separate bright reception room leading out onto a decked terrace, three double bedrooms, two modern bathrooms and access to the communal gardens.

EARLS COURT: 020 7835 0620 lets.ect@marshandparsons.co.uk

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Follow us on Twitter: twitter.com/marshandparsons

Join us on Facebook: facebook.marshandparsons.co.uk

Visit our YouTube channel: youtube.com/user/marshandparsons

LETTINGS

See all of our properties online: marshandparsons.co.uk

Kinnerton Place North SW1 £1,200 per week

Old Court Road W8 £1,100 per week

This house is presented in immaculate condition throughout and provides a spacious and bright reception room, a fully fitted, contemporary kitchen, a large double bedroom with an abundance of fitted storage, a modern en suite bathroom and a guest cloakroom.

This stunning apartment boasts a bright double reception with high ceilings and wooden floors, a separate modern kitchen, three double bedrooms with good storage and three bathrooms. Conveniently located for to the excellent amenities provided by Kensington High Street.

CHELSEA: 020 7591 5570 lets.chs@marshandparsons.co.uk

KENSINGTON: 020 7368 4450 lets.kns@marshandparsons.co.uk

Holland Park W11 £895 per week

Queens Gardens W2 £675 per week

This stunning apartment is located in the sought after Holland Park Villas. The apartment has been refurbished to exacting standards and provides a spacious reception room with direct access to a shared garden at the rear, a fully equipped kitchen, a modern bathroom and a fantastic double bedroom.

This stunning apartment is situated on the lower ground floor of a period conversion on Queens Gardens. The accommodation comprises a large reception room, a fabulous granite kitchen, a media room/study, a quiet master bedroom, a further bedroom, two immaculate bathrooms and patios to the front and back of the apartment

HOLLAND PARK: 020 7605 6890 lets.hol@marshandparsons.co.uk

NOTTING HILL: 020 7313 6910 lets.not@marshandparsons.co.uk

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The whole...

72

winkworth.co.uk

Winkworth corp output.indd 1

16/04/2012 15:13

...is greater than the sum of its parts As individual agents, we’ve been successfully working our respective patches for some years now. As a team, we couldn’t be without each other. When you instruct one of our offices to sell your property, you get all of us working for you – plus another 55 offices across London. It’s simple, but darn effective.

Tom Dogger

James Moran

Alex Thompson

Knightsbridge

South Kensington

Notting Hill

Wine and antique-collecting Tom has been an estate agent in central London for over 15 years.

He took over the Winkworth Knightsbridge business in 2007.

James joined Winkworth South Kensington fresh from university in 1996, sacrificing his burgeoning professional rugby career with London Harlequins.

He now co-owns the business.

Alex co-owns the Notting Hill office, where he has worked for over 13 years. In his spare time, Alex has become a qualified skydiver, water-ski instructor and free-diver and he’s just signed up to his first marathon.

020 7589 6616 knightsbridge@winkworth.co.uk

020 7373 5052 southkensington@winkworth.co.uk

020 7727 3227 nottinghill@winkworth.co.uk

Josh Grinling

David King

Kensington

International

Josh opened his Winkworth office in 1995 and has lived in the area for 25 years. Outside of work, he loves spending time with his wife and two children and fly-fishing in Wiltshire.

David has been working in the British and international property business for over 25 years. A master fencer, keen motorcyclist and Scottish dancing enthusiast, David enjoys spending his weekends in the country.

020 7727 1500 kensington@winkworth.co.uk

020 7871 0589 countryhouse@winkworth.co.uk

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Lonsdale Road, W11

£1,300,000 Share of Freehold

A unique two bedroom maisonette in this central Notting Hill location featuring exceptional entertaining space, both indoor and out, with one large south facing large roof terrace and two balconies.

Double reception | Contemporary kitchen area | Two bedrooms | Bathroom | Large south facing terrace | Two balconies

Notting Hill office | 020 7727 3227 | nottinghill@winkworth.co.uk

Bolton Place, SW5

£3,450,000 Share of Freehold

An outstanding apartment in a landmark building located at the entrance of The Bolton’s. This large West facing maisonette offers excellent volume and is arranged over the second and third floors (with a lift) and extends to 1,858 sq/ft (173 sq/m) of accommodation.

Entrance hall | Kitchen | Dining room | Reception room | Three bedrooms | Three bathrooms (two en-suite) | Sitting room | Daily porterage | Off street parking | Lift

South Kensington office | 020 7373 5052 | southkensington@winkworth.co.uk

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Elsham Road, W14

ÂŁ625,000 Share of Freehold

A beautifully presented two bedroom flat (703 sq ft/65 sq ft) situated on the second floor of a broad Victorian terraced house in a popular tree lined street located within the Royal Borough of Kensington & Chelsea.

Entrance hall | Reception room | Kitchen/breakfast room | Two double bedrooms | Large bathroom

Kensington office | 020 7727 1500 | kensington@winkworth.co.uk

Rutland Gate, Knightsbridge SW7

ÂŁ3,250,000 Share of Freehold

Having undergone an extensive refurbishment programme by the present Vendor, this top floor conversion flat could be occupied at little further expense and benefits from stunning dual aspects over communal gardens and the roof tops of Knightsbridge.

Smart communal entrance | Lift | Caretaker | Entrance hall | Reception room | Kitchen with integrated appliances | Master bedroom with en-suite bathroom | Second double bedroom | Third bedroom/Study | Shower room | Communal garden access and qualification for City of Westminster parking permits

Knightsbridge office | 020 7589 6616 | knightsbridge@winkworth.co.uk

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no cars

no boats

no recipes

just property

www.londonpropertyreview.co.uk

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XXX 18/04/2012 10:30

Beautiful Coombe...

SALES

Coombe Ridings, Kingston Hill Guide price ÂŁ2,950,000 Freehold SUBJECT TO CONTRACT Set in a quiet private cul-de-sac within a plot size of just under half an acre. This 4/5 bedroom 2 bathrooms (1 en suite), detached family home offers an oasis of calm and tranquillity with unparalleled views across Wimbledon Common to the furthest reaches of the City of London. The property offers further scope for increasing the internal accommodation, subject to planning consent and viewings are highly recommended to fully appreciate in its entirety.

RENTALS

Coombe Park, Kingston Hill

ÂŁ11,495 PCM SUBJECT TO CONTRACT

A highly desirable spacious 7 bedroom detached family home situated in this prestigious road in Coombe. This magnificent property is within easy reach of Kingston and Wimbledon town centres with their multitude of shops, bars and restaurants. Available immediately.

Unfurnished.

+44 (0)20 8947 9393

259 COOMBE LANE, WIMBLEDON, LONDON SW20 ORH WWW.COOMBERESIDENTIAL.COM

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Mayfair PIMLICO BELGRAVIA KNIGHTSBRIDGE CHELSEA SOUTH KENSINGTON

79

79

80

80

86

96

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18/04/2012 10:40

LONDON PROPERTY

REVIEW

High six in Chelsea In the south-west corner of Chelsea Park Gardens, a refurbished six-bedroom house is offering six floors of space including an impressive central studio room with a ceiling 4.5 metres high.

High-tech systems combine with luxury family living at a highly prized Chelsea address and contemporary home complete with cinema, gym, sauna, temperature-controlled wine room, and 65ft south-facing garden.

Modernised by the current owner, the 4500 sq ft property is installed with high-spec extras such as air conditioning, underfloor heating, multiroom audio system, and Control 4 home automation.

The high definition 5.1 surround

sound cinema has automated reclining seats, and there’s a fully wired computer network and independent wifi to all floors. The house is protected by fire sprinkler and security systems, and guard dogs patrol the street.

Chelsea Park Gardens, once part of Sir Thomas More’s estate, is named after a former park that covered the area bordered by the King’s Road, Fulham Road, Park Walk and Old Church Street. Royal Academy president Sir Alfred Munnings lived at No. 96.

Chelsea Park Gardens, Chelsea SW3, £12.75m, Knight Frank 020 7349 4300, Russell Simpson 020 7225 0277

It’s peaceful on Sloane Avenue

Saatchi home sells in a day

Recently updated, a studio flat on the first floor of a pre-war mansion building has a peaceful outlook across the block’s inner courtyard.

The 274 sq ft home features a studio room with an open plan kitchen area, bathroom, generous storage and modern bespoke fittings. The block has 24-hour porterage, communal laundry room, and qualification for RBKC parking permits.

Even after Chancellor George Osborne’s stamp duty increase, people are still willing to invest large sums of money in prime central London.

The Eaton Square home of Charles Saatchi and Nigella Lawson recently sold for an undisclosed sum. Guide price was £35m and the anonymous buyer exchanged contracts within 24 hours.

The grand ground and first floor apartment – which the couple bought over a decade ago – was an off-market sale handled by boutique Belgravia estate agency Wellbelove Quested. Celebrated art collector Saatchi and his Domestic Goddess wife have bought a replacement property in Chelsea.

Sloane Avenue Mansions, Sloane Avenue, Chelsea SW3, £399,950, Winkworth 020 7589 6616

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LONDON PROPERTY

REVIEW

Ambassadorial residence has contemporary plans A Mayfair townhouse, previously the official residence of the Icelandic Embassy, has full planning permission to extend its living space by more than 25 per cent in a lavish contemporary makeover.

The proposed scheme to expand from 7345 to 9304 sq ft would create a swimming pool, spa complex and cinema room in the sub-basement, freeing up extra space for more family rooms, formal dining rooms, and formal and informal receptions.

The staircase would be continued throughout the building, and the new master bedroom suite – taking over the entire second floor – would offer a large bathroom and luxury dressing area.

Five extra guest bedrooms and three en suite bathrooms will be added on the upper floors.

Head off into the communal gardens from the ground floor, leading to an un-demised terrace. The house in Park Street also has direct access into the secret gardens of neighbouring Green Street.

Even before refurbishment, the accommodation is extensive: seven double bedrooms, three singles, three receptions, kitchen and three kitchenettes, staff room and bathroom. And it’s ready for immediate occupation.

According to the Survey of London, the house was originally designed by Wimperis and Simpson in 1913 but due to First World War interruption was not completed until 1925. The gardens replaced tumbledown garages and guards stables dating back to 1738.

The house is at the northern end of Park Street, handy for the £250m Park House development, new retail quarter for Oxford Street. The Icelandic Embassy has moved to Hans Street.

By Bob Stonebridge Park Street, Mayfair W1, guide price £13,75m, Savills 020 7578 5100, Wetherell 020 7529 5566

“A fully consented scheme is in place to create a beautiful contemporary home behind the period façade” Charles Lloyd, Savills

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Basil Street SW3 Located in this popular mansion building in the heart of Knightsbridge is this immaculately presented 3 bedroom top (fifth) floor flat. The building benefits from a lift and resident porter and is maintained beautifully.

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3 Bedrooms Reception Room

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Kitchen 2 Bathrooms

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Loft Room Lift

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Porter

Share of Freehold £3,300,000 STC

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CADOGAN GARDENS SW3 A stunning penthouse apartment arranged over the top floor of a beautiful period property moments from the King’s Road. The flat benefits from an abundance of natural light and far reaching views form all aspects.

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3 Bedrooms 2 Bathrooms (1 En Suite)

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Reception Room

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Access to Communal Gardens (by separate negotiation)

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Dining Area

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Kitchen

Lease: 31 years £1,950,000 STC

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RADNOR WALK SW3 A spacious first and second floor maisonette located just off the Kings Road.

Furnished. 680 sq ft.

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TWO BEDROOMS L SHAPED RECEPTION KITCHEN BATHROOM

£695 per week

MUNRO TERRACE SW10 Bright third and fourth floor maisonette close to the river in Chelsea.

Furnished. 805 sq ft ■■ ■■ ■■

TWO BEDROOMS DOUBLE RECEPTION KITCHEN

£550 per week

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BATHROOM SHOWER ROOM

GLOUCESTER WALK W8

A raised ground floor flat in this period building in Kensington. Furnished.

656 sq ft ■■ ■■

TWO DOUBLE BEDROOMS RECEPTION

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KITCHEN BATHROOM

£550 per week

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Q U E E N S G AT E S W 7 A well presented ground floor apartment close to Hyde Park. Furnished.

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DOUBLE BEDROOM BATHROOM RECEPTION OPEN PLAN KITCHEN

£525 per week

BINA GARDENS SW5

A ground floor studio flat refurbished to a high standard. Furnished. 373 sq ft.

■■ STUDIO ROOM WITH GALLERIED BEDROOM AREA

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OPEN PLAN KITCHEN SHOWER ROOM

WILBRAHAM PLACE SW1

A bright third floor studio flat in this mansion block close to Sloane Square.

Furnished. 293 sq ft.

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£450 per week

STUDIO KITCHENETTE BATHROOM

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TERRACE PORTER LIFT

£385 per week

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LONDON PROPERTY

REVIEW

Totally high-tech in Belgravia Between Eaton Square and Chester Square, a townhouse in exclusive Belgravia has been totally transformed after a contemporary restoration programme stacked with high-tech features.

Standing in Lower Belgravia Street, this reconfigured property has inside space totalling 3670 sq ft that offers five floors of luxury living plus useful loft storage.

And there’s another 656 sq ft of outside space including 25ft rear garden, ground floor terrace and first floor balcony.

A ground floor entrance hall leads you through to the dining room, kitchen and study. There’s another kitchen on the lower ground floor, next to the media room with French windows into the garden. The first floor contains a drawing room and morning room.

The master bedroom on the second floor has an en suite bathroom, and there are four more bedrooms – two with en suite bathrooms – on the second, third

and lower ground floors.

The house also offers two cloakrooms, a wine cellar and storage vault.

You can enjoy a host of high-spec systems such as integrated Crestron control with mood lighting, remote control blinds, underfloor heating, surround sound and air conditioning. And it’s an easy walk to the shops and restaurants of Ebury Street and Sloane Square.

Lower Belgrave Street, Belgravia SW1, £8.25m or rental £8500 per week. Hobart Slater 020 7581 8277

“This immaculate freehold Belgravia townhouse is completely reconfigured and renovated to exacting standards” Robert Hobart, Hobart Slater

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Lower Belgrave Street Belgravia SW1

Approximately 341 sq ft/3670 sq ft

Immaculate Freehold Belgravia Townhouse, completely reconfigured and renovated to exacting standards and with high-tech specification. Just off Eaton Square, this prestigious residence is superbly located in the `heart of Belgravia, and an easy walk to the local shops, restaurants in Ebury Street and Sloane Square.

Master bedroom with en suite bathroom, 4 further double bedrooms (2 x en suite), bathroom, first floor drawing room, dining room, morning room, media room, study, balcony, terrace, 2 cloakrooms, 2 kitchens, garden, wine cellar, storage vault, loft storage, Freehold 6-8 Montpelier Street, Knightsbridge, London SW7 1EZ sales@hobartslater.co.uk Hobart Slater FPx3.indd 1

ÂŁ8,250,000 (also for rent ÂŁ8,500 per week)

020 7581 8277

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Ennismore Gardens Knightsbridge SW7

Approximately 70 sq m/755 sq ft

An exciting first balcony flat with double height reception room and spacious mezzanine bedroom and bathroom, well refurbished in contemporary style and in prestigious location, close to Hyde Park and amenities of Knightsbridge.

Reception room, Bedroom, Kitchen, Bathroom, Lift, Entry telephone, Use of landscaped square gardens Lease: 104 years approximately

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6-8 Montpelier Street, Knightsbridge, London SW7 1EZ sales@hobartslater.co.uk

Hobart Slater FPx3.indd 2

Guide Price ÂŁ1,250,000 (also for rent ÂŁ725 per week)

020 7581 8277 16/04/2012 15:58

Rembrandt Close Sloane Square SW1

Approximately 115.66 sq m/1245 sq ft

A very practical and highly convenient freehold Townhouse, in small cu-de-sac, a minute`s walk from Sloane Square, the underground, Peter Jones etc. This 3 storey house, with four bedrooms, has potential to add another floor (subject to planning permission), like many of its neighbours have done, and also has the benefit of a Lock-up Garage in the Close.

4 bedrooms, 2 bathrooms, reception room, kitchen, lock-up garage Freehold 6-8 Montpelier Street, Knightsbridge, London SW7 1EZ sales@hobartslater.co.uk Hobart Slater FPx3.indd 3

ÂŁ1,995,000

020 7581 8277

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SELL YOUR HOME FOR FREE WITH FOXTONS! *

NEW PIMLICO & WESTMINSTER OFFICE NOW OPEN 166 VAUXHALL BRIDGE ROAD, SW1V 2RA To celebrate the opening of our new Pimlico & Westminster office Foxtons is delighted to offer 0% commission to the first 200 people who instruct this office to sell their home.

CALL NOW 020 7558 4000 OFFER ENDS 28TH JULY 2012 *

This relates to estate agency fees and does not include solicitor’s fees or the cost of a legally required Energy Performance Certificate (EPC) and is only available on a sole agency basis. The property must fall within the office boundary and must be placed under offer and lawyers instructed before 5pm on 28th July 2012. Full terms and conditions available upon request.

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020 7352 9556 stanleychelsea.co.uk

Lennox Gardens, SW1X ÂŁ1,800 per week

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Extended by popular demand — Instruct us to sell your property and we will cover the solicitors costs.

Call us now for a free market appraisal and details.

Offer open until the end of May

stanleychelsea.co.uk

020 7352 9556 95

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LONDON PROPERTY

REVIEW

OFFICES LAUNCH

Foxtons is expanding with two more London offices: Pimlico and Westminster, launching on April 28, and Earlsfield, which opened on April 14. To celebrate the launches, Foxtons is inviting homeowners to sell their property for free with a 0 per cent commission offer at both offices.

Maisonette has a classic drawing room A refurbished three-bedroom maisonette in a period building on Redesdale Street, Chelsea, features a classic drawing room on its first floor.

Also on this floor are the kitchen and breakfast room and third bedroom or study. The second floor contains the master bedroom and en suite shower room, the second bedroom, and a study area leading to an 11ft roof terrace.

The apartment also has loft storage, together with Sonos, Cat 5 and alarm systems. Redesdale Street runs parallel with the King’s Road in the middle of Old Chelsea and the Thames is a short walk away.

Redesdale Street, Chelsea SW3, £2.1m, Russell Simpson 020 7225 0277

Regeneration in Earls Court The opening of an Earls Court branch by Marsh & Parsons on April 16 marked the estate agency’s sixth office in the Royal Borough of Kensington & Chelsea.

To celebrate the opening, Marsh & Parsons is offering a 0 per cent sales fee at the new branch for its first three months, saving customers an estimated average of £22,500 on the standard 2.5 per cent fee.

“Earls Court is undergoing huge regeneration, with the Sir Terry Farrell scheme given the go-ahead by RBKC for

7500 houses. The new office is part of our expansion plan and perfectly compliments our network of 15 London offices,” said Marsh & Parsons managing director Peter Rollings.

“It’s in the heart of an area which has good communication links to the M4 motorway, excellent Underground connections, and is on the doorstep of the great shops of Kensington.” Sales manager at Earls Court will be Ian Barrett, pictured, who previously worked at the agency’s Notting Hill office.

Billy Elliott dances around the corner Billy Elliott and Wicked are just around the corner from a three-bedroom flat on the third floor of a Westminster mansion block in Carlisle Place.

Handy for the Victoria Palace (Billy Elliott) and Apollo Victoria (Wicked), the 1750 sq ft property features a double reception room at the front, separate kitchen and dining room, and two bathrooms. Victoria station is around the corner too.

Carlisle Place, Westminster SW1, £1,575,000, Douglas & Gordon 020 7931 8200

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kensington notting hill PADDINGTON holland park FULHAM brook greeN

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LONDON PROPERTY

REVIEW

Grand house has presidential style A Grade II listed redbrick house with six floors of living space on Hornton Street, Kensington, has been extensively updated in contemporary grandeur throughout.

The meticulous refurbishment programme recently completed at the 4420 sq ft property included highspec features such as air-conditioning, underfloor heating, Cat 5 cabling, Miele appliances, Loewe televisions and sophisticated lighting systems.

On the ground floor, the immaculate kitchen and breakfast room has marble worktops and double doors into the dining room. The home’s generous entertaining space includes informal (lower ground floor) and formal (first floor) reception rooms and high ceilings.

The master bedroom suite occupies the entire second floor and has a large walk-in dressing room and a luxurious bathroom. There are five more bedrooms – three with en suites – and the house has direct access to a secure communal garden at the rear of the terrace, plus its own private courtyard.

Midway between Kensington Gardens and Holland Park, Hornton Street runs off Kensington High Street.

It was built around 1790 and originally known as Campden House Road.

Herbert Hoover lived in Hornton Street at the Red House during the First World War and later became 31st President of the United States. Sir Charles Stanford, former chairman of the Royal College of Music, lived at No. 56. Chelsea and Kensington Town Hall is on the eastern side.

Hornton Street, Kensington W8, guide price £8.75m, Winkworth 020 7727 1500, Knight Frank, 020 7938 4311

“This absolutely stunning Grade II listed freehold house has been beautifully refurbished to the highest standards” Josh Grinling, Winkworth

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LONDON PROPERTY

REVIEW

Shall we dance?

They’ve been playing pool in the ballroom, potting spots and stripes in the magnificent space where elegant socialites once danced the waltz or the minuet at high society balls.

The first floor ballroom reception where the current owners have their pool table features floor-to-ceiling windows, wooden flooring, and an impressive decorative period ceiling.

Close to Hyde Park, this two to three-bedroom maisonette in Lancaster Gate has its own entrance and porter services. On the ground floor, the large contemporary kitchen is open plan to

the dining room. This level also has underfloor heating and a separate gym, sauna and hot tub room (or bedroom three).

On the second floor, the master bedroom has a dressing area and en suite bathroom, and there’s a second bedroom and family bathroom. Wired for sound, the apartment is fitted with a Nevo AV system, Sky HD, Sonos music system, and comprehensive alarm.

Lancaster Gate, Bayswater W2, £4.25m, Knight Frank 020 7871 5060

North Ken art house has a garden studio An artist’s studio sits at the bottom of the large landscaped garden of an artistic home in Wallingford Avenue, North Kensington.

The four-bedroom Edwardian property offers arty inside space of almost 1640 sq ft on three floors plus another 166 sq ft of space in the garden studio or office. The house also has generous eaves storage.

Reception room, dining room, sitting room and kitchen lead into one another on the open plan ground floor, and the first floor master bedroom has an en suite bathroom. Leafy Wallingford Avenue is part of St Quintin conservation area.

Wallingford Avenue, North Kensington W10, £1.55m, Marsh & Parsons 020 7313 8350

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beaneypearce.co.uk Location, Location, Location Notting Hill Ideal as either a pied a terre or rental investment, this charming and wellpresented ground floor one bedroom apartment, situated in a smart purpose built block, is in a preferred location in W11.

Bedroom Open-plan reception room/kitchen Bathroom

Leasehold £585,000 020 7221 9044

Porter, Park and Privacy Bayswater An immaculately presented one bedroom apartment in this portered mansion block, with the benefit of its own private entrance.

Ideally suited as a pied a terre or rental investment, Moscow Road is situated within a few minutes’ walk of Hyde Park and the shops, bars and restaurants of Queensway.

There are excellent transport links for the Central Line, allowing quick and easy travel to the West End and the City.

Bedroom Double aspect reception Bathroom Porter

Leasehold £525,000 020 7221 9044

Chelsea

020 7590 9500

Notting Hill

020 7221 9044

South Kensington

020 7838 1888 101

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F I N L AY BREWER

HAMMERSMITH GROVE W6

PRICE ON APPLICATION FREEHOLD

5 DOUBLE BEDROOMS • 1st FLOOR DOUBLE RECEPTION • 43’11 KITCHEN/BREAKFAST/FAMILY AREA DINING/CONSERVATORY AREA • EN SUITE SHOWER ROOM • GUEST CLOAKROOM • UTILITY ROOM • GARDEN STUDIO 60’ APX WEST FACING GARDEN • OFF STREET PARKING FOR 3 CARS • 1st FLOOR STUDY/RECEPTION 2 • 3 BATHROOMS (2 EN SUITE)

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138 SHEPHERDS BUSH ROAD • LONDON • W6 7PB Telephone: 020 7371 4171 • Facsimile: 020 7371 4166 Email: sales@finlaybrewer.co.uk • Web: www.finlaybrewer.co.uk

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F I N L AY BREWER

Luxemburg Gardens W6

£3.25M freehold

Sterndale Road W14

£2.1M freehold

5 DOUBLE BEDROOMS • 2 RECEPTION ROOMS KITCHEN/BREAKFAST ROOM • FAMILY ROOM/STUDY 2 EN SUITE BATHROOMS • SHOWER ROOM • UTILITY/CLOAKROOM LOFT & CELLAR STORAGE • 32’ x 28’ GARDEN • GARAGE • SIDE ACCESS

5/6 BEDROOMS • KITCHEN/BREAKFAST ROOM DOUBLE RECEPTION STUDY/BEDROOM 6 • 2 BATHROOMS (1 EN SUITE) 3 SHOWER ROOMS • SOUTH FACING GARDEN • SOUTH FACING ROOF TERRACE

Hofland Road W14

Devonport Mews W12

£1M freehold

£925,000 freehold

3 BEDROOMS • KITCHEN/BREAKFAST ROOM DOUBLE RECEPTION • BATHROOM • PRETTY PATIO GARDEN

GUEST CLOAKROOM • UTILITY/STORAGE ROOM 24’3 x 22’5 APX DECKED FLAT ROOF • OFF STREET PARKING 2 DOUBLE BEDROOMS • FULL WIDTH KITCHEN/BREAKFAST ROOM 24’8 x 23’1 1st FLOOR RECEPTION WITH BALCONY • 2 EN SUITE BATHROOMS

Sinclair Gardens W14

Dalling Road W6

£775,000 share of freehold

3 DOUBLE BEDROOMS • SPACIOUS RECEPTION • KITCHEN DINING AREA • BATHROOM • WETROOM • GARDEN • OWN ENTRANCE

£580,000 freehold

2 DOUBLE BEDROOMS • DOUBLE RECEPTION KITCHEN/BREAKFAST ROOM • BATHROOM • GARDEN

138 SHEPHERDS BUSH ROAD • LONDON • W6 7PB Telephone: 020 7371 4171 • Facsimile: 020 7371 4166 Email: sales@finlaybrewer.co.uk • Web: www.finlaybrewer.co.uk

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020 7937 9777

Kensington Green, Kensington, W8

www.rickmanproperties.com

£5,950,000 Freehold

A truly gorgeous family home set in this highly regarded gated development. 24 hour porter peaceful communal gardens, on site gym plus underground parking. These houses rarely become available & we are very pleased to offer this charming home. Arranged over 4 floors with an additional lower floor housing 2 parking spaces.

4 bedrooms, 2 en-suites, elegant double drawing room, kitchen/dining room and beautiful walled garden.

Queens Gate, SW7

£700 per week Unfurnished

Spacious 732 Sq ft (68 Sq m) & newly refurbished patio apartment with two double bedrooms, separate fully fitted kitchen, bathroom and a large reception room leading out on to a private patio garden at the back. Neutrally decorated with wooden flooring throughout. Available to view now.

KENSINGTON • SOUTH KENSINGTON • HOLLAND PARK • NOTTING HILL • KNIGHTSBRIDGE • CHELSEA

104 Rickman FP.indd 1

21 Earls Court Road, Kensington, London, W8 6EB Tel: 020 7937 9777 • 020 7938 3425 Fax: 020 7938 3428 Email: info@rickmanproperties.com

18/04/2012 09:49

We don’t need medals to prove our worth We’ll leave those for the brave of the games.

020 7937 9777 21 Earls Court Road, Kensington, London, W8 6EB Tel: 020 7937 9777 • 020 7938 3425 Email: info@rickmanproperties.com

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LONDON PROPERTY

REVIEW

www.finlaybrewer.co.uk

F I N L AY BREWER

High price of top floors Owning a view in London comes at a price. As urban space grows more dense, people are looking up and yearning to gaze out over London landmarks, leafy gardens and parks from a vantage point exclusive to the top floors.

“The prestige of having a view that overlooks the London skyline can add 5 to 10 per cent to the value of a property in west London, and this figure can be even higher in areas that overlook one of the Royal Parks,” reports estate agent Anthony Sharp.

“If the property has a balcony, a terrace, or a roof garden it can increase the price

even further as it offers outside space in the privacy of your home with a beautiful view over the city.”

Offering superb views, a two-bedroom penthouse apartment on the top floor of a white stucco-fronted building in Lancaster Gate has been totally refurbished in contemporary style. “It can expect to achieve a price that the same flat on the first floor would not,” says Sharp.

Lancaster Gate, Bayswater W2, £995,000, Anthony Sharp 020 7243 8398

Watch ace Andy defend his trophy The Queen’s Club, when tennis ace Andy lifted his second Aegon Championships title last year, is just a few high lobs from a four-bedroom family house in Musard Road.

With 1610 sq ft of living space, the Fulham property offers three bathrooms (two en suite), a double reception room, kitchen and dining room, and a garden.

Musard Road, Fulham SW6, £950,000 Douglas & Gordon 020 7731 4391

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LONDON PROPERTY

REVIEW

citydirectory Islington

City Currell Islington 321 Upper Street Islington N1 2XQ

Blake Stanley Broadway Market London Fields E8 4PH

 020 7226 4200  islington@currell.com

 020 7254 7554  info@blakestanley.co.uk

www.currell.com

www.blakestanley.co.uk

Currell New Homes Islington House, 313 Upper Street, Islington N1 2XQ

Callum Roberts 40 Theobalds Road London WC1X 8NW

020 7226 6611  newhomes@currell.com www.currell.com 

callum roberts

0843 473 9235 info@callumroberts.com www.callumroberts.com 



Chesterton Humberts 327-329 Upper Street Islington N1 2XQ

Currell Clerkenwell 122/124 St John Street Clerkenwell EC1V 4JS

 020 7359 9777  sales.islington@chestertonhumberts.com

 020 7226 6611  clerkenwell@currell.com

www.chestertonhumberts.com

www.currell.com

Hamptons Islington 97-99 Upper Street Islington N1 0NP

Currell Hackney Quebec Wharf, 311-313 Kingsland Road, Hackney E8 4DL

 020 7717 5103  islington@hamptons-int.com

 020 7241 4111  hackney@currell.com

www.hamptons.co.uk

www.currell.com

Hugh Grover Associates 325 Upper Street Islington N1 2XQ

Currell Victoria Park 81 Lauriston Road Victoria Park E9 7HJ

 020 7226 1010  sales@hughgrover.co.uk

 020 3222 5555  victoriapark@currell.com

www.hughgrover.co.uk

www.currell.com

Savills Islington 94-96 Upper Street, London N1 0NP

Hamptons City Aldermary House, 15 Queen Street, London EC4N 1TX

 020 7226 1313  islington@savills.com

 020 7717 5293  city@hamptons-int.com

www.savills.com

www.hamptons.co.uk

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LONDON PROPERTY

REVIEW Visit these agents for properties in the City, Islington and Docklands Knight Frank 35a Wapping High St, London E1W 1NR

Docklands Bushells Docklands 7 Wapping High Street Wapping, London E1W 1LS

 020 7480 6848  wapping@knightfrank.com

www.knightfrank.co.uk

 020 3515 0011  docklands@bushells.com

www.bushells.com Chesterton Humberts 220 Tower Bridge Road London SE1 2UP 020 7357 6911  lettings.towerbridge@chestertonhumberts.com www.chestertonhumberts.com 

Dawn Sandoval Residential Ltd Dawn Sandoval Residential Sales - Lettings - Property Management

 020 7093 1702  dawn@dawnsandovalresidential.co.uk

Knight Frank 18-19 Cabot Square, Canary Wharf, London E14 4QW  020 7512 9966  cwharf@knightfrank.com

www.knightfrank.co.uk

Landmark 264 Westferry Road, London E14 3AG  020 7515 0800  info@lmlondon.com

www.lmlondon.com

www.dawnsandovalresidential.co.uk

FJ Lord 4 Copper Row, Tower Bridge Piazza, Shad Thames SE1 2LH  020 7089 6490  shad.thames@fjlord.co.uk

Savills Canary Wharf 4 Westferry Circus, London  020 7531 2500  canarywharf@savills.com

www.savills.com

www.fjlord.co.uk Henry Wiltshire 2 Laybourne House, Admirals Way london E14 9UH  020 7001 9160  kelly@henrywiltshire.co.uk

www.henrywiltshire.co.uk

Savills Docklands 80 Wapping High Street, London  020 7456 6800  docklands@savills.com

www.savills.com

Hamptons Tower Bridge 41 Shad Thames London SE1 2NJ

Winkworth Surrey Quays Surrey Quays Shopping Centre SE16 7LL

 020 77175124  towerbridge@hamptons-int.com

 020 7237 9119  surreyquays@winkworth.co.uk

www.hamptons.co.uk

www.winkworth.co.uk

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www.valedolobo.com

€545,000

Spacious three-bedroom villa

A charming three-bedroom villa surrounded by landscaped gardens and boasting easy walking distance from the beach and the Tennis Academy, an ideal location to enjoy the lifestyle on offer in Vale do Lobo. On the ground floor; an entrance hall leads to a spacious living room with dining area, fully fitted and equipped kitchen, a cloakroom and two bedrooms with one bathroom. Upstairs; a master bedroom with en-suite enjoys a private terrace. The villa also boasts a covered terrace and barbeque leading to the communal gardens. It also enjoys a plunge pool, perfect for cooling down in the summer. Other features include air conditioning, mosquito screens, fitted wardrobes and a wood burning fireplace.

Reference Code: 006

112

VALE DO LOBO, Resort Turístico de Luxo, S.A. 8135-864 Vale do Lobo • Algarve • Portugal

Vale Do Lobo FP.indd 1

Tel: +351 289 353 101 • Fax: +351 289 353 004 Email: realestate@vdl.pt • www.valedolobo.com

18/04/2012 10:16

LONDON PROPERTY

REVIEW

Rents fall but feelgood factor could boost values Report by Cheryl Markosky Prime central London rents fell for the sixth month in a row due to poor City job prospects, says a new survey.

According to Knight Frank, rents tumbled by 0.1 per cent in March, with the six consecutive monthly falls totalling 0.8 per cent.

Liam Bailey, Knight Frank’s head of research, believes low hiring activity and weakening job prospects in the City’s financial and business sectors appear to be at the heart of price falls.

“While demand and supply are both up on last year (new tenant registrations up 15 per cent, viewings 23 per cent and property instructions 34 per cent), the number of tenancies commencing fell by 7 per cent, indicating that potential tenants are looking, but are reluctant to commit to offers,” he points out, explained in part by job vacancies in financial services dropping by 8 per cent.

Also, individuals are reducing what they’re willing,

or able, to spend, as many companies have slashed corporate relocation budgets. This could explain why the £500 to £1500 per week band has performed better than the £1500-plus sector. Furthermore, tenants are increasingly choosing to renew existing contracts, adds Bailey.

The market could, however, receive a welcome boost over the coming months, as London hits the global spotlight and people from around the world choose to spend their summer here – with some corporations already making enquiries, suggests Tim Hyatt, Knight Frank’s head of lettings.

Anthony Sharp from Holland Park’s Anthony Sharp estate agents concurs there are fewer corporate lets.

“Those looking to sign for a corporate rentals property tend to be more junior, so their budgets aren’t as high as those senior executives had before the crisis.”

Demand for ‘top’ London homes as attitudes shift A desire for ‘top-class’ properties that’s leading to bidding wars is down to the change in attitude towards renting, says Javier Carrillo from LDG in Fitzrovia, who recently let a £725 a week Whitfield Street property at £800 after competitive bidding.

“Over the last three months, we’ve seen a greater number of quality applicants looking and an increase in company lets, indicating a return of confidence,” he adds.

Some smart homes certain to launch further bidding battles include Pont Street Mews at £1250 a week, with double height ceilings and a cool gallery room overlooking reception that could be used as a second bedroom or study, says Nina McDowall from Strutt & Parker Knightsbridge (020 7235 9959). “It’s nice and quiet in a private mews – there’s no access unless you have a remote control – but in the centre of things.”

Another home worth fighting for is a £1625 a week third-floor flat in Eaton Square with a lift, porter and access to communal gardens (through Savills 020 7730 0822).

Renovation, renovation, renovation Is it worth totally refurbishing a property to up the price in a building with poor communal parts? The answer’s yes, says Susan Cohen from Blenheim Bishop in Mayfair.

“We recently let a onebedroom flat in a large portered block in Portman Square after our client spent a considerable sum refurbishing and furnishing it with an interior designer,” she explains.

Although the block is in the throes of having the common parts updated and works are not due for completion until the end of the year, Cohen let the flat at the asking price of £725 – funnily enough, based on the disruptive works.

“The tenant’s accepted that once the works are finished the flat will be worth about £825, and he’s prepared to live there while the work is carried out.” She notes that the tenant’s been particularly cooperative – and more could benefit with a similar positive attitude.

Eaton Square

Pont Street Mews

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London’s Letting Agency www.brlets.co.uk

Notting Hill Gate

From £280 pw Furnished

Chelsea

£380 pw Furnished

Notting Hill Gate

£450 pw Furnished

Studio/1 Bedroom | 1 Bathroom | Period Conversion Contemporary Furnishings | Two Tube Stations Nearby

Studio/Living Space | 1 Bathroom | Period Building Lift | 24hr Porterage | Close to Harrods

1 Bedroom | 1 Reception | 1 Bathroom Close to Portobello Road | Sole Agents

Hyde Park 020 7402 9866

Knightsbridge 020 7581 2112

Hyde Park 020 7402 9866

Chelsea Borders

hyde@brlets.co.uk

From £550 pw Furnished

Kensington

knight@brlets.co.uk

£700 pw Furnished

hyde@brlets.co.uk

Paddington

£950 pw Furnished

2/3 Bedrooms | 1 Reception | 4 Bathrooms | Apartment 24hr Porterage | Parking | Balcony

1 Bedroom | 1 Reception | 1 Bathroom Lift | Porter | Parking | Tube & Amenities Nearby

3 Bedrooms | 1 Reception | 2 Bathrooms Lift | 24hr Porterage | Tube & Amenities Nearby

Imperial Wharf 020 7348 7620 imperialwharf@brlets.co.uk

Kensington 020 7938 3522

Hyde Park 020 7402 9866

Kensington

Knightsbridge

£1,295 pw Unfurnished

kens@brlets.co.uk

£1,300 pw Furn/Unfurnished

Knightsbridge

hyde@brlets.co.uk

£1,850 pw Unfurnished

3 Bedrooms | 1 Reception | 2 Bathrooms Lift | Communal Garden | Close to Amenities

3 Bedrooms | 1 Reception | 3 Bathrooms Lift | Tube, Hyde Park & Harrods Nearby

2 Bedrooms | 1 Reception | 2 Bathrooms Prime Location | All Amenities Closeby

Kensington 020 7938 3522

Knightsbridge 020 7581 2112

Knightsbridge 020 7581 2112

Nine offices open six days a week: Beaufort Park 020 8732 7980 Canary Wharf 020 7517 6088 City 020 7213 9700

114 BRL DPS.indd 1 BRL3603 PR Template SW3 300x230 FP.indd 1

kens@brlets.co.uk

Hampstead Highgate Hyde Park

020 7435 9681 020 8341 2335 020 7402 9866

Imperial Wharf Kensington Knightsbridge

knight@brlets.co.uk

020 7348 7620 020 7938 3522 020 7581 2112

knight@brlets.co.uk

Hong Kong Singapore Dubai India

18/04/2012 09:51 05/04/2012 13:16

LANDLORDS

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12 13:16

WE have the tenants YOU have the keys

Demand for rental properties is currently outstripping supply and in some parts of London we are seeing over 10 applicants for every property We urgently need properties to let in all central London locations We can guarantee you better quality tenants than anyone else

Association of Residential Letting Agents

Nine offices open six days a week: Beaufort Park | Canary Wharf | City | Hampstead | Highgate Hyde Park | Imperial Wharf | Kensington | Knightsbridge

Call us now on 0800 092 9656 or email info@brlets.co.uk or visit www.brlets.co.uk 115 BRL DPS.indd 2

16/04/2012 16:04

LONDON PROPERTY

REVIEW

Peace and shops EXTENSION The kitchen extension at a four-bedroom house in Walham Grove was completed in 2010

by Icon Architects of Fulham. This impressive open plan space leads to a dining area and reception, and opens out into the garden.

Self-irrigating, the garden is divided into two: a paved area outside the dining room and the rest turf bordered by box trees.

A water feature running the full length of the garden is operated by a timer.

The Harwood Arms, Michelin-star gastropub, is at the end of the road.

Walham Grove, Fulham SW6, £1650 per week unfurnished, Savills 020 7731 9400

South of Kensington High Street, a seven-bedroom house in the quiet location of Alma Terrace features a double reception room with access to the private garden.

Both the kitchen and dining area have access to outside space, and the house has a roof terrace as another entertaining option to the garden and patio.

The master bedroom suite occupies the entire first floor, and the lower ground floor contains a family room, media room and study. There are five floors of space altogether.

Alma Terrace is off Allen Street, which runs off Kensington High Street. There’s more shopping in nearby Stratford Village, and High Street Kensington tube station (District and Circle lines) is a short walk away.

Alma Terrace, Kensington W8, £6800 per week furnished, Knight Frank 020 7937 8203

Newly furnished in Kensington A newly furnished second floor apartment is set in an exclusive location between Kensington Gardens and Notting Hill, an ideal spot for city professionals.

With decor by interior designer Helen Green, the accommodation features a large entrance hall leading to a reception and dining space with light oak flooring, a balcony with glass sliding doors, and a kitchen fitted with Miele appliances.

A wool-and-velvet-carpeted double bedroom has wide floor-to-ceiling wardrobes and is served by a bathroom with skylight. This contemporary apartment also offers underfloor heating, computerised mood lighting, and complete TV and audio wiring.

The development is served by a lift, porterage and underground parking.

Kensington Church Street, Kensington W8, £700 per week furnished, Benham & Reeves Residential Lettings 020 7938 3522

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LANSDOWNE MEWS, HOLLAND PARK, W11

LENNOX GARDENS, KNIGHTSBRIDGE, SW1X

This charming townhouse just off Holland Park Avenue is located within a private mews development and is available from 1st June for a long let. The four bedroom house measures 1,324 sq/ft and has the added benefit of secure garage parking and a stunning 30’ south facing roof terrace.

This outstanding flat [1,745 sq/ft] has been renovated to the highest standard and is now available immediately for a long let. With two private patios and the highest quality of finish to the bathrooms, joinery, and kitchen, this is a truly exceptional flat and early viewing is recommended.

4 bedrooms. 2 bathrooms [1 en-suite]. 2 reception rooms. Modern kitchen.

Cloakroom. Roof terrace. Parking for 1 car.

3 bedrooms with good storage. 3 bathrooms. Reception room and separate dining room with wooden floor. Modern kitchen with Gaggenau appliances.

Large wine cellar. 2 private patios. High AV specification throughout.

£1,450 per week - Unfurnished

£1,750 per week - Furnished / Unfurnished

MONTPELIER WALK, KNIGHTSBRIDGE, SW7

TREVOR PLACE , KNIGHTSBRIDGE SW7

A charming newly refurbished three bedroom house [1,829 sq/ft] in the heart of ‘Knightsbridge Village’. The house has been just been renovated to a very high standard and is available immediately for a long let.

3 double bedrooms. Study / single bedroom. 2 bathrooms [1 en-suite]. 2 reception rooms. Cloakroom. Terrace. £2,100 per week - Unfurnished

A beautiful home in the heart of Knightsbridge offering excellent living and entertaining space coupled with superb contemporary design.

Formal double reception room. High specification kitchen. Spacious dining and informal reception room. 4 double bedrooms with excellent storage (one bedroom equipped as possible media room). 3 bathrooms/shower rooms. Guest cloakroom. Utility room. Outside patio. High audio visual specification throughout. Under floor heating. Alarm system. £2,750 PER WEEK - UNFURNISHED

Lettings • Property Management • Refurbishment • Property Acquisition 1 Montpelier Street, Knightsbridge, London SW7 1EX

020 7591 0288

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Magnolia Lodge, Kensington Green, W8 A Bright Dual Aspect First Floor Apartment in this sought after Gated Development.

Reception with wooden Floors Master bedroom with en-suite bathroom : Two Further Double Bedrooms : Family Bathroom : Kitchen with all machines and granite tops : 24 hour security : Parking

Floor plan available from justin@ proprium.co.uk

One Year Let Unfurnished ÂŁ1,300 per week

Limerston Street, SW10 A High Quality 1400 Sq Ft Three Bedroom corner House with Private Garden conveniently located between the Kings Road and Fulham Road.

Entrance Hall : Reception room with wooden floor, fireplace and french windows onto the Garden : Kitchen with all machines and Granite worktops : Master Bedroom with dressing room and en-suite bathroom with roll top bath and shower cubicle : Two Further Bedrooms : Bathroom Email justin@proprium.co.uk for a floor plan

Long Let Unfurnished ÂŁ1,300 per week

Location.........Quality.........Location 118 Proprium Rentals DPS 1

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Specialists in the Royal Borough of Kensington and Chelsea

Hay’s Mews, W1 A wonderful town house in one of the finest mews in Mayfair occupying a prime position at the heart of Mayfair Village moments from Berkeley Square, the boutiques of Mount Street and the lovely green spaces of Mount Street Gardens.

3 Reception rooms : 5 bedrooms : 2 bathrooms : 2 shower rooms : kitchen : terrace : garden : garage

Unfurnished, available June 2012

www.proprium-estates.co.uk

ÂŁ5,000 per week

020 7589 6298

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Tel: 020 7222 1975 Email: info@birchletting.com www.birchletting.com

2 Queen Anne’s Gate Buildings Dartmouth Street SW1H 9BP

Imperial Wharf SW6 Asking rent £550.00 per week A third floor apartment (with lift) located in a sought after riverside development with bars, restaurants and its own station and pier. Consisting of two double bedrooms, reception room with semi open plan kitchen, family bathroom and en-suite shower room. The property also features a balcony with courtyard and river views, wood flooring throughout and comfort cooling. 24hr concierge. Parking at extra cost.

Available now. Unfurnished.

Trafalgar Square SW1 Asking rent £1300.00 per week Offered in superb condition this second floor apartment (with lift) comes with panoramic views of the Square and features high ceilings and comfort cooling. The property comprises of two double bedrooms, two bathrooms (one en-suite), an eatin kitchen, and a dual-aspect reception room with French doors and wood flooring.

Short lets at a higher rent. Available now. Furnished.

Paddington W2 Asking rent £435.00 per week Ideal for the City or West End this second floor apartment with modern décor features an open plan kitchen/reception, double bedroom and bathroom. The flat is situated near to the Paddington Basin development and is within easy reach of popular Little Venice as well as the amenities of Westbourne Grove and Queensway.

Excellent transport links including access to the Heathrow Express link. Would suit single professional. Available now. Furnished.

Knightsbridge SW1 Asking rent £1150.00 per week A well presented sixth floor flat (with lift) situated in a highly desirable location.

Offering two well proportioned double bedrooms, two bathrooms (one en-suite), modern kitchen and a fabulous large roof terrace. The spacious reception featuring parquet flooring and air conditioning leads out on-to a large balcony overlooking Harrods, your local shop! Nearby lock-up garage may be available by separate negotiation. Furnished/Unfurnished.

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Over one million hits every single day

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That’s the combined total for the 15 leading property portals.

D&G appear on every single one, so your property could get more web attention than Lady Gaga.

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Aldridge Road Villas W11 £4,100,000 Freehold A stylish family home situated in this quiet residential street. The house is presented in excellent order with great attention to detail and quality materials used throughout.

Notting Hill Sales 020 7727 7777 nhsales@dng.co.uk

4 bedrooms, 3 bathrooms, Reception room, Kitchen/dining room, Play room, Utility room, Cloakroom, Garden.

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Text dng to 84840 for details of properties near you now.

North Chelsea Fulham Hammersmith & Shepherd’s Bush

Kensington South Kensington Notting Hill Pimlico & Westminster

South Balham Battersea Battersea Park Clapham Southside

East Putney West Putney Southfields & Earlsfield

www.douglasandgordon.com

Orme Square W2 £3,995,000 Freehold A wonderful family home arranged over five floors, that has been beautifully refurbished throughout with south facing views overlooking Kensington Gardens and off-street parking.

5/6 bedrooms, 4 bathrooms, Reception room, Kitchen/dining room, Conservatory, Front and back garden, Off-street parking.

Kensington Sales 020 7792 1881 kensales@dng.co.uk

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At some point you will need a professional valuation

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Whatever the reason, call our Professional Valuations Department on 020 7591 8746 or email valdep@dng.co.uk

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Prince’s Gate SW7 £3,000,000 Leasehold A bright sixth floor four bedroom flat with fabulous views over square gardens in a secure portered block close to Hyde Park.

Master bedroom with en-suite bathroom, Second bedroom with en-suite shower room, 2 further bedrooms, Bathroom, Reception room, Dining area, Kitchen, Balcony, Lift, Porter, Parking by separate negotiation.

Chelsea Sales 020 7225 1225 chelseasales@dng.co.uk

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Text dng to 84840 for details of properties near you now.

North Chelsea Fulham Hammersmith & Shepherd’s Bush

Kensington South Kensington Notting Hill Pimlico & Westminster

South Balham Battersea Battersea Park Clapham Southside

East Putney West Putney Southfields & Earlsfield

www.douglasandgordon.com

Nevern Square SW5 ÂŁ2,150,000 Share of Freehold A spacious and beautifully presented three bedroom garden maisonette on, and overlooking, this popular garden square in South Kensington.

Master bedroom with dressing room and en-suite bathroom, 2 further bedrooms, En-suite shower room, Reception room, Kitchen/breakfast room, Utility room, Terraced garden, Communal Gardens.

South Kensington Sales 020 7581 1152 sthkensales@dng.co.uk

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increase the valu your propeerof ty

You have to decorate to accumulate

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Call our specialist refurbishment department now on 020 7225 0234.

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Chapter Street SW1 £2,000,000 Freehold A wonderful, wider than average, period property on the market for the first time in 50 years. Offering 4/5 bedrooms, the living accommodation is currently laid out over three floors, with a commercial unit on the ground floor.

5 double bedrooms, 3 bathrooms (2 en-suite), Reception room, Kitchen/ Breakfast room, Separate commercial unit.

Pimlico & Westminster Sales 020 7931 8200 pimlicosales@dng.co.uk

126 D&G DPS.indd 5

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Text dng to 84840 for details of properties near you now.

North Chelsea Fulham Hammersmith & Shepherd’s Bush

Kensington South Kensington Notting Hill Pimlico & Westminster

South Balham Battersea Battersea Park Clapham Southside

East Putney West Putney Southfields & Earlsfield

www.douglasandgordon.com

Mendora Road SW6 ÂŁ950,000 Freehold We are delighted to offer to the market this beautifully presented four double bedroom house.

Master bedroom with en-suite bathroom, 3 further double bedrooms, Bathroom, Double reception room, kitchen/breakfast room, Study, Cloakroom, Garden.

Fulham Sales 020 7731 4391 fulhamsales@dng.co.uk

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Mortgages made simple M C

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We know it can be difficult to choose a mortgage broker you can trust, so we have teamed up with the Independent Mortgage Brokerage Coreco to make buying a new home easier. Visit douglasandgordon.com to learn more.

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Campden Hill Road W8 £2,750,000 Freehold

Kensington Park Gardens W11 £2,200,000 Leasehold

A smart and elegant house which has been beautifully refurbished throughout in a contemporary style.

3 bedrooms, Bathroom, Shower room, Double reception room, Kitchen/ breakfast room, Garden, Utility room.

A stunning ground floor apartment in a beautiful period building. It enjoys a glorious south-facing reception room with high ceilings and access to gardens.

Kensington Sales 020 7792 1881 kensales@dng.co.uk

Notting Hill Sales 020 7727 7777 nhsales@dng.co.uk

Whiteheads Grove SW3 £1,950,000 Share of Freehold

Matheson Road W14 £1,695,000 Freehold

A three bed two bath south-facing ground floor flat within a prestigious portered block.

Master bedroom with en-suite bathroom, 2 further bedrooms, Bathroom, Reception room, Kitchen/breakfast room, Utility room, Lift, Porter.

A substantial and well configured family home situated in this convenient location.

5 bedrooms, 3 bathrooms, Kitchen, Garden.

Chelsea Sales Office 020 7225 1225 chelseasales@dng.co.uk

Kensington Sales 020 7792 1881 kensales@dng.co.uk

Double bedroom, En-suite bathroom, Reception room, Kitchen, Conservatory, 62ft garden.

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Text dng to 84840 for details of properties near you now.

North Chelsea Fulham Hammersmith & Shepherd’s Bush

Kensington South Kensington Notting Hill Pimlico & Westminster

South Balham Battersea Battersea Park Clapham Southside

East Putney West Putney Southfields & Earlsfield

www.douglasandgordon.com

Colville Houses W11 £1,100,000 Freehold

Cathcart Road SW10 £995,000 Share of Freehold

A fabulous unique freehold town house set in a quiet no through road in the heart of Notting Hill.

2 double bedrooms, En-suite bathroom, Shower room, Reception room, Kitchen, Terrace, Off street parking.

A delightful two bed two bath flat in a popular Chelsea location with a large private garden.

Notting Hill Sales 020 7727 7777 nhsales@dng.co.uk

Chelsea Sales Office 020 7225 1225 chelseasales@dng.co.uk

De Vere Mews W8 £995,000 Leasehold

Musard Road W6 £950,000 Freehold

A well-presented flat with two bedrooms in a private and gated mews, close to Kensington High Street and Hyde Park.

A fantastic four double bedroom family house, spread over 1610 sq ft, located moments from the Queen’s Tennis Club.

2 bedrooms, Bathroom, Reception room, Kitchen

4 double bedrooms, 3 bathrooms, Double reception room, Kitchen/breakfast room, Cloakroom, Garden.

South Kensington Sales 020 7581 1152 sthkensales@dng.co.uk

Fulham Sales 020 7731 4391 fulhamsales@dng.co.uk

Master bedroom with en-suite bathroom, Second bedroom, Shower room, Reception room, Conservatory, Kitchen, Utility room, Garden.

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Moreton Place SW1 £895,000 Leasehold

Theresa Road W6 £850,000 Freehold

A rare opportunity to purchase a fabulous maisonette in the highly sought after ‘Moreton Triangle’.

2 double bedrooms, En-suite bathroom, En-suite shower room, Reception room, Eat-in kitchen, Terrace.

A beautiful period cottage boasting character features and with the advantage of a South facing garden.

Pimlico & Westminster Sales 020 7931 8200 pimlicosales@dng.co.uk

Hammersmith & Shepherd’s Bush Sales 020 8563 7100 hammsales@dng.co.uk

Ashburn Gardens SW7 £825,000 Leasehold

Warwick Square SW1 £825,000 Leasehold

Measuring just under 800 sq. ft., a delightful and spacious two double bedroom flat located on the second floor.

A well-presented two bedroom flat on the fourth floor (lift) of a part white stucco fronted property.

Double bedroom with en-suite bathroom, 1 further double bedroom, Shower room, Reception room, Kitchen, Lift.

2 bedrooms, Bathroom, Reception room, Kitchen.

South Kensington Sales 020 7581 1152 sthkensales@dng.co.uk

2/3 bedrooms, 2 bathrooms, Reception room, Bedroom 3/Study, Kitchen, Cloakroom, South-facing garden.

Pimlico & Westminster Sales 020 7931 8200 pimlicosales@dng.co.uk

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Text dng to 84840 for details of properties near you now.

North Chelsea Fulham Hammersmith & Shepherd’s Bush

Kensington South Kensington Notting Hill Pimlico & Westminster

South Balham Battersea Battersea Park Clapham Southside

East Putney West Putney Southfields & Earlsfield

www.douglasandgordon.com

Danehurst Street SW6 £819,000 Leasehold

Atwood Road W6 £775,000 Freehold

A fantastic opportunity to purchase a three bedroom maisonette located in the heart of the Munster Village.

A well proportioned three bedroom house in the heart of Brackenbury Village and offering scope for some modernisation.

Master bedroom with en-suite bathroom, 2 further bedrooms, Shower room, Reception room, Kitchen/breakfast room, Roof terrace, Garden.

3 bedrooms, Bathroom, Reception room, Kitchen, Cloakroom, Garden, Roof terrace.

Fulham Sales 020 7731 4391 fulhamsales@dng.co.uk

Hammersmith & Shepherd’s Bush Sales 020 8563 7100 hammsales@dng.co.uk

Bloom Park Road SW6 £725,000 Share of Freehold

St. Peter’s Road W6 £625,000 Freehold

An immaculate two double bedroom maisonette in an extremely popular Fulham location.

This stylish two bedroom house offers a contemporary living space in the St. Peter’s conservation area.

2 double bedrooms, Bathroom, Shower room, Reception room, Kitchen/ breakfast room, Study, Patio garden.

2 bedrooms, Bathroom, Kitchen/reception room, 30ft west-facing garden, Offstreet parking.

Fulham Sales 020 7731 4391 fulhamsales@dng.co.uk

Hammersmith & Shepherd’s Bush Sales 020 8563 7100 hammsales@dng.co.uk

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Maddie Miller Guerilla Gardener and Sales Manager Certainly no weed, Maddie goes to great lengths to cultivate perfect results in the urban environment. Our people are what make us great, and Maddie is a hardy perennial.

douglasandgordon.com Extraordinary people 71 D&G output.indd 1 Lettings & Prop Review (May).indd 1 6432_D&G_London

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