Result: Quick Sale
Queensberry Mews West
Carlos Place
Queensberry Mews West
The Challenge
Our British clients were looking for a London pied-à-terre in Prime Central London that had both outside space and private off street parking. They were hoping to find a property that was “future proofed” from an accessibility standpoint, so either a lateral apartment or a low built house with not many stairs.
The Perfect Conclusion
We successfully negotiated the purchase of a stunning three bedroom, three bathroom, two story freehold mews house which had both a private garage and terrace located in the heart of South Kensington. The house is positioned on the corner of the mews so light floods in from two aspects, an important feature as mews houses can tend to suffer from being dark. In addition to being dual aspect, the private outside space and parking made this particular mews house quite rare and therefore highly desirable. Due to the strength of our relationship with the selling agent, they shared the knowledge that the vendor would, in two weeks’ time, be reducing the asking price from £4,000,000 down to £3,750,000. Even so we were still able to negotiate £350,000 from the reduced asking price, equating to well under £1750 per sq. ft. in an area where these size houses have achieved in excess of £2,500 per sq.ft. Our clients have also taken advantage of our Vacant Care Service to ensure the house is looked after and in the condition they left it every time they return home.
The Unfair Advantage
We provide a complete service – not only were we able to find this unique house and save our clients just over 9% from the asking price, we will also continue to look after the property post purchase via our Vacant Care Service.
Garrett Street
The Challenge
Our clients were looking to sell this unique Freehold “live-work” warehouse conversion measuring over 4000 sq. feet in Old Street/Clerkenwell, EC1. Our clients were high profile and we therefore decided on a more discreet approach that did not involve over exposure to the market, or listing the property on any of the traditional web portals. Given the rare and unique nature of the property we also knew exactly what kind of buyer the property would appeal to and how to effectively target them.
The Perfect Conclusion
After a carefully targeted campaign, tapping into our network of buying agents, private banks and other professional intermediaries, we generated multiple interest on the property resulting in several bids in a very short space of time. Within just a few weeks, we received a full asking price offer on the property from a well-qualified buyer. Once the sale was agreed the property exchanged contracts within one week. In a sluggish sales market, this was an outstanding achievement for our client.
The Unfair Advantage
We have the contacts and expertise to handle sensitive sales in a difficult market. The property was sold within four weeks at the full asking price resulting in the best possible outcome for our clients.
Lion House
The Challenge
Our repeat client for whom we originally acquired Red Lion House, was looking to acquire other investment property in Central London. We were the very first to be made aware of Lion House, a freehold block of 6 apartments, located directly behind our clients house. Strategically it made perfect sense for our client to acquire the building given the close proximity to his main house. Our challenge was trying to secure the property at a sensible price and avoid the block being launched onto the open market.
The Perfect Conclusion
Given our strong track record of having recently acquired Red Lion House, we used this as a key advantage and managed to swiftly agree terms at £7 million, saving our client 6.6% from the asking price. This equated to a very reasonable £1826 per square foot, without the property ever being openly advertised.
The Unfair Advantage
Our track record and strong reputation for getting deals done opens doors. We were the first in and secured the property without it ever coming onto the open market.