Our Client

A trust based in Jersey that was looking to consolidate its property portfolio.

The Challenge

To assist the trust in the sale of an apartment in Earls Court. It should have been a straightforward sale of a well-proportioned and recently renovated one bed apartment in a very popular garden square in Earls Court. However during the marketing of the flat the managing agents issued a notice for significant major works to the roof which had passed is useful life, the costs of which were a big unknown.

The Perfect Conclusion

We not only successfully negotiated with the buyer to offer within 2% of the revised asking price but also to take a view on the costs of the works.  This worked out at a most competitive £1,441/sqft especially when considering the two most recent comparable sales achieved only £1,267/sqft and £1,145/sqft respectively.