Our Client
An English buyer.
The Challenge
Our client was looking to move from East London to a larger family home in North West London within a reasonable commute of the City and their son’s new school in Hampstead. Their preferred location was Hampstead but the client felt that with their budget they would be unable to buy a four bedroom house in that specific location.
The Perfect Conclusion
We identified a beautiful four bedroom house less than a minutes’ walk to Hampstead Heath, close to the train station, shops and crucially our clients son’s school. At 2104 sq ft the property was a significant upgrade from their previous home. We negotiated hard for our client, saving them £70,000 from the asking price and securing their ideal home for £2,125,000, or £1010 per sq. ft which represents very good value with similar houses trading at least 10%-15% more.
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Our Client
An Indian buyer.
The Challenge
Our Indian client was looking for a 2 bed apartment in Mayfair or Knightsbridge with the specific requirement that the building should have a 24 hour front desk porter and air-conditioning. Due to currency remittance laws in India, their budget was constrained providing a further challenge to the search.
The Perfect Conclusion
We successfully agreed the purchase of this three bedroom, 7th floor, 1100 sq. foot apartment in a highly regarded apartment block in Mayfair next to Grosvenor Square. As a result of our negotiations we saved our client £400,000 from the asking price and managed a difficult conveyancing process through to a successful exchange of contracts. The property was held under two leases – one short lease with the immediate landlord and a longer concurrent lease granted by the Grosvenor estate. The short lease contained a provision which essentially could have restricted our clients from selling the property for a 7 year period. We successfully managed to negotiate with the landlord to vary the short lease to remove the relevant provision and also negotiated for the vendor to pay the premium for the this which was £65,000. Crucially we also introduced our client to a financial advisor who successfully arranged a mortgage that could work with their remittance restrictions and enable them to buy.
Our Client
A British buyer.
The Challenge
Our British client was looking for a two bedroom pied a terre in St James’s. The challenge with any search in this area is the lack of available residential stock and the ongoing demand from buyers looking to live in this historic London neighbourhood.
The Perfect Conclusion
We were able to identify an off market property as a result of writing to specific owners of apartments which we knew would be perfect for our client. We completed the purchase within four weeks of our offer being accepted and without the property ever coming onto the open market.
Our Client
An African Investor.
The Challenge
Our repeat client was looking to acquire his second investment property with us. Being based abroad, he was keen to find a property that required very little work and one that could be rented out straight away. Important factors were for the flat to achieve a good rental yield, be easy to rent out and be well located for longer term capital growth.
The Perfect Conclusion
We sourced an attractive 891 square foot two bedroom two bathroom flat on the third floor, benefiting from lots of natural light and views over communal gardens. The building has a lift, which is rare on the square. The property should rent for approximately £875 per week, giving our client a gross yield of 3.3%, which is above average for the area. We also saved our client £15,000 from the asking price and we will be managing the property through our Property Management Service. Earls Court is currently undergoing an £8 billion regeneration programme and we believe long term capital growth prospects are strong the for the area.
Our Client
A Middle Eastern Buyer.
The Challenge
A repeat client of ours was looking for a secure long term property investment in Central London.
The Perfect Conclusion
We identified a distressed sale in Phase 1 of the new Battersea Power Station Development. We managed to negotiate and secure a 14th floor river facing 2 bedroom unit at approximately £1,500 per square foot. Other similar units have exchanged for £1,800 per square foot plus. We were able to negotiate a substantially reduced price as the vendor was keen to sell having suffered from a severe currency depreciation in their home country. The unit is in one of the best positions in the scheme and includes a 200 square foot winter garden. In addition we have provided a complete solution for our client through our Property Management Service, and successfully identified a suitable tenant paying £725 per week.
Our Client
A Dutch buyer.
The Challenge
Our client was relocating from Hong Kong to take up a new position as CEO of a multi-national company. He had very little time to research the market and view property, and virtually no knowledge of the local market having never lived in London before. We were able to conduct viewing tours after working hours on Friday’s and at weekends, with only the very best properties cherry picked for our client to see.
The Perfect Conclusion
We successfully agreed the purchase of this stunning 2 bedroom first floor apartment on one of the best streets in South Kensington at £545,000 below the asking price, which equated to £2249 per sq. foot. The vendor accepted a below-asking price offer because our client was organised and able to exchange contracts quickly – and one that, at £2,249 per square foot, was also substantially below the £3,085-3,480 per sq. foot at which the last three first floor flats on the street sold. We managed the legal process, surveys and mortgage to ensure the deal exchanged contracts within the required timeframe.
Our Client
We have closed not one but six transactions for various UK investment clients in this off-plan development during 2015.
The Challenge
Many of our clients are attracted to buying off plan. The advantages of staged payments and possibility to sell the contract on before completion being some of the key advantages. However, the off-plan/new build market is a minefield for most buyers and investors. Most off plan developments in London will not make good investments. There is a vast range of options across London, and the need for in-depth market knowledge about how they are likely to perform when completed is vital.
The Perfect Conclusion
We highlighted the Television Centre to several of our clients for various reasons – its transport links, proximity to the Westfield shopping centre, investment going in from Imperial College, opening of a new Soho house hotel and private members club and the fact the BBC will continue to be on site, all make it compelling. It is also relatively low density. Furthermore, we achieved an attractive rate, at circa £1,000 per square foot, which we feel is good value for a development of this quality and in this location. We also leveraged our contacts to get our clients in early, securing the best units before the development’s UK launch.
The Client
A Canadian client
The Challenge
Our client had his property rented out and managed through us, but decided he wanted to sell the property and release some equity in order to buy a larger home outside of London. The flat having been rented out for several years was looking quite tired and so we advised our client to spend some money on the flat in order to achieve a better sales price.
The Perfect Conclusion
Our client was delighted when the property achieved £75,000 above the guide price of £2 million given by the selling agents who appraised it prior to sale.
The sale shows the difference we were able to make with our understanding of the market, our knowledge of which estate agents to work with, and the correct attention to properly “dressing” a property.
The Challenge
Our client was high profile, working in the entertainment industry and looking for specialist advice and confidentiality. Privacy and security were important requirements. They also wanted a flat with open-plan spaces and that all important ‘wow’ factor.
The Perfect Conclusion
We successfully sourced this impressive and funky 1500 square foot warehouse conversion apartment in Shoreditch, and negotiated an impressive £200,000 reduction from the original asking price. We also managed to get a car parking space included as part of our negotiations.
The Unfair Advantage
We battle hard on price. Tough negotiations resulted in a £200,000 saving for our client.
The Client
An American buyer.
The Challenge
Our client was looking to upgrade his home in London. As an investment banker he had very little time to search the market and source opportunities. He was looking for a penthouse apartment with private outside space and within a 10 minute commute from his office.
The Perfect Conclusion
We obtained early access to this unique lateral penthouse flat measuring over 2400 square feet. In addition we managed to negotiate £650,000 from the asking price, over a 10% discount.
The Client
A British buyer.
The Challenge
Our English client was a first time buyer in London. She wanted a property with period charm, outside space and within commutable distance to St James’.
The Perfect Conclusion
We successfully sourced this charming freehold cottage townhouse with a private garden in Earls Court. We beat off stiff competition from two other buyers, and successfully re-negotiated the price down by £10,000 during the conveyancing period.
The Client
A Cypriot Investor.
The Challenge
Our client was looking for an off-plan investment in a location that would give the best possible chance for capital growth over the medium to long term.
The Perfect Conclusion
We identified a three bedroom apartment located on the 28th floor with two private balconies within this impressive off plan development. City Road and the surrounding area has been labelled the “Silicon roundabout” of London having attracted a large number of tech firms. The area will also benefit from major transport infrastructure upgrades over the next 3-5 years, making this an attractive investment opportunity.
The Client
A British buyer.
The Challenge
Our British ex pat clients were moving back to London and wanted a three bedroom apartment, close to the shops, cafes and restaurants of the Kings Road in Chelsea. The property had to have lots of natural light and the building had to be dog friendly.
The Perfect Conclusion
Through our network we identified a South facing top floor flat in a quiet street walking distance from Sloane Square and The Kings Road. The building allowed dogs and so was the perfect option for our clients. We were able to secure the apartment on an exclusive basis and contracts were exchanged within 2 weeks
The Client
A British buyer.
The Challenge
Our British clients lived an hour from the capital and wanted a pied a terre in Central London, preferably walking distance from the shops, restaurants and theatres of the West End. They wanted a modern flat in very good condition.
The Perfect Conclusion
Through our comprehensive network of the best developers in Central London we identified a boutique scheme of only 7 apartments located just off The Strand, with walking distance to Covent Garden and therefore in the heart of the West End.
We were able to secure our clients a £100,000 discount as a result of our negotiations.
The Client
A Chinese buyer.
The Challenge
Our clients were looking to purchase a property in South Kensington to be used by their son who was studying at University in the area. They had already been looking on their own but were frustrated by the lack of opportunities and the fact that good options seemed to be selling before they were able to view them.
The Perfect Conclusion
Through our unrivalled network we were able to identify a fantastic two bedroom apartment located on one of the best garden squares in the area. We were able to use our reputation to secure the property before it came onto the open market and agreed a period of exclusivity allowing us to exchange contracts within 3 weeks.