Oceanic House

The Challenge

Our South American client was looking for a new London home. They were already renting in the area and had identified a property which they liked, but needed specialist advice on pricing and negotiation. We were instructed by the trustees who wanted peace of mind that the client was purchasing the right property on the best possible terms.

 

The Perfect Conclusion

Oceanic House was originally the London headquarters of the White Star Line from which tickets for the RMS Titanic were sold. The handsome Grade II listed building has now been re-developed into 7 luxury apartments. Before engaging Black Brick, our client had initially wanted to purchase the show apartment. Often developers will “dress” the weakest apartment. We identified an alternative, more attractive flat in the same building which was larger, with a better layout and improved position. Through our negotiation we then agreed a huge £800,000 discount from the asking price, equating to just over a 19% reduction. The property was newly refurbished with a number of new appliances and services, we therefore introduced a specialist M&E surveyor who put together an extensive list of items which we made sure the developers had fixed in order for the property to be handed over in fully working order. This can often be a problem with new build apartments but we ensured our client will move in without the hassle of any snagging issues. The entire process was managed and overseen by us in order to protect our clients best interests. 

 

The Unfair Advantage

Buyer beware. Buying new builds can be very tricky. We know the market intimately, can identify more attractive properties and negotiate huge discounts for our clients. We identified a better apartment, saved our client 19% from the asking price and made sure there was no snagging issues when our client moved in.

 

Ashley Gardens

The Challenge

Our clients had been trying unsuccessfully for more than a year to identify a suitable apartment to buy before instructing Black Brick to assist with their search. They had identified a very small area in Westminster where they wanted to buy an apartment. The area and style of property suited them for a number of reasons compared with more expensive surrounding areas, and they had narrowed their search down to one block in particular called Ashley Gardens. Property values and styles in Westminster mean that buyers are able to purchase large (in excess of 2000 square feet) lateral mansion block apartments for under £1300 per sq. foot. By way of comparison, a similar sized apartment in Belgravia would cost a minimum of £2000 per square foot. As a result competition can be fierce.

 

The Perfect Conclusion

Once instructed we managed to highlight a suitable opportunity in Ashley Gardens, prior to it coming to market, in the block they favoured. The flat worked especially well as it was located on the first floor, measuring 2200 sq. feet and had the unique appeal of having one of the largest balconies in the block. We were able to access the opportunity off-market, which enabled our clients to offer on the property without facing competition.

 

The Unfair Advantage

We gain access where others can’t. Our relationships with key estate agents in the area meant we were able to gain access to a special opportunity prior to it coming to market.

Westminster Green

The Challenge

Our clients were looking to sell this smartly converted two bedroom apartment in Westminster. Current market conditions are proving a tough environment to sell in and several properties in the same building had been withdrawn from the market over the last 24 months without having achieved a sale.

 

The Perfect Conclusion

After several months of viewings and negotiations with more than one buyer, we successfully identified the right buyer for the apartment. Once the sale was agreed we managed the legal process carefully to ensure that contracts were exchanged within a short time frame of just four weeks.

 

The Unfair Advantage

We’re focused. Our Managed Sale Service is low volume and high quality which means we have the focus and dedication to deliver a successful sale, no matter how long it takes or how tough the market conditions.

Vincent Square

The Client

A Chinese Investor

The Challenge

Our client wanted a 2 bedroom investment flat in Central London and wanted to be led and guided by us.

The Perfect Conclusion

We advised the best locations for their budget and sourced this 2 bedroom apartment in Vincent Square, Westminster.

The flat was already under offer with another buyer but the vendor switched buyers on the recommendation of the selling agent. This was due to our well established reputation of representing committed, serious buyers who are well-financed and ready to move quickly. The flat was let within 1 week and is achieving a healthy 4.2% yield.

Parliament View

The Client

An African Buyer

The Challenge

Our Zambian client was looking to buy a London pied a terre – something which he could easily rent out, but also use when he came to London over the summer months.

The Perfect Conclusion

We sourced a very desirable apartment on a high floor in the landmark Parliament View building. The apartment benefited from wonderful river views.

Parliament View

The Client

An African Buyer

The Challenge

Our Non resident Indian client was looking to buy the perfect combination – a pied a terre but also a good rental investment.

The Perfect Conclusion

The property came onto the market at £715,000. Despite tough competition in a rapidly rising property market, we still managed to negotiate £5000 from the asking price.