Our clients loved the property we found for them but had decided that they were going to make London their permanent home and so wanted to purchase an apartment of at least 2500 square feet and crucially with an amazing view. The budget was flexible but our clients wanted to feel that they were getting value for their acquisition given that they were so happy in their rental property.
Our clients were very open to a number of locations within London and so we spent considerable time looking at a wide variety of neighbourhoods. From Hampstead in the North to Kensington in the West as well as more Central areas like Fitzrovia and Marylebone. It became evident that finding ‘the perfect view’ was a considerable challenge.
As a result of our network we became aware that the penthouse in the building they were renting in was potentially available. The building is a boutique collection of just 57 spacious New York loft style apartments. The apartments benefit from 2.9m ceiling heights and floor to ceiling windows. Residents benefit from 24 hour concierge, a sky garden and gym. The apartment had been retained by the developer who had used it as a rental investment and offered not only 2500 square foot but the most incredible terrace with far reaching views across London.
We were able to purchase the apartment ‘off market’ for £6,500,000 to include a parking space. This equated to a price of £2474 per square foot which represented real value when compared to similar new build properties in the local area.
Our network is unrivalled. By dealing directly with the freeholder of the building, we were able to source the perfect penthouse apartment completely off market. First mover advantage ensured our clients did not have to deal with a potential competitive bidding war had the apartment made its way onto the open market.
The Client Experience
“We worked with Black Brick both on the rental and purchasing market for the last 2 years, the initial idea being to rent a property and discover London before settling down on the long term. Caspar did a comprehensive work in both cases to our great satisfaction. His ability to understand and adapt to our very specific needs, his patience, made all the difference. Always available, he advised us wisely with great professionalism, and his extended network allowed us to have a clear view of our targeted market. Black Brick is highly recommended for any search in London, which happens to be a complex and granular market, difficult to access properly otherwise.”
We would be delighted to hear from you to discuss your own property requirements. For a non-obligatory consultation, please contact us.