Area: Victoria
Victoria Street
The Challenge
Our clients were relocating from Belgium to London and whilst their longer term plan is to purchase a property it was felt prudent to rent a property for at least 12 months to allow them to get a feel for the varying neighbourhoods of the capital. Their brief was for a lateral apartment, with at least 3 bedrooms and a minimum of 2000 square foot. Our clients travel frequently and so easy access to Heathrow and a good sized lift within the building were important requirements. The budget was set at a maximum of £4000 per week.
The Perfect Conclusion
As our clients did not have a specific location in mind we previewed and shortlisted options all over prime central london: Mayfair, Belgravia, Pimlico, Kensington and St. James’s all had suitable properties however we identified a ninth floor apartment within a new development in the heart of Victoria which ticked all of the boxes. The property was 2695 square foot, had three bedrooms and two large terraces. It also benefitted from a concierge, underground parking and a large lift. The asking price was £3250 per week so well within the budget and we successfully negotiated this to £3000 per week which equated to a 8.3% saving for our client.
The Unfair Advantage
Our extensive knowledge of Prime Central London allowed us to advise and guide our clients as to the best possible locations for their tenancy.
Castle Lane
Our Client
A family from the Middle East, looking for a second home in London.
The Challenge
Our clients were looking for a second home in London, as they spend considerable time in the city during school holidays. With 5 children, we were tasked to find a large 4 bedroom apartment in a secure modern or brand new build development. Proximity to the west end for shopping was also very important. The budget for the purchase was between £3 million to £3.5 million. Due to planning laws and the price of high quality new build in Prime Central London, 4 bedroom apartments are extremely hard to find at this price point.
The Perfect Conclusion
We identified an opportunity to join two apartments on the same floor in a brand new development, Castle Lane. Nestled in the historic Birdcage Walk Conservation Area of Westminster, Castle Lane is a rare, new boutique development of 28 meticulously crafted apartments and 3 townhouses. By joining two apartments together, we were able to create a lateral 4 bedroom 4 bathroom apartment measuring almost 2000 sq. feet. As well as negotiating for the developer to carry out the work to join the apartments together, we also managed to save our client £250,000 from the asking price, equating to a purchase price of £1,962 per sq. foot. New builds regularly achieve in excess of £2000 per sq. foot in this location.