Wednesday, November 30, 2011

South Hampstead Flat for Sale, Priory Road














Priory Road, South Hampstead, London, NW6

A 678 sqft one bedroom flat, set on the second floor of a stunning detached character building.

The property is situated on one of South Hampstead's best roads tree lined roads and is only a short walk fromm West Hampstead's Jubilee Line and Thames Link Stations.

The property offers a 18ft west facing reception room with stripped wooden flooring and feature fire place, modern fitted kitchen with stainless steel oven and hob, 15ft master bedroom with built in wardrobe and a bathroom comprising of a modern with three piece suite.

Further benefits include communal garden, storage cupboard accessed by the garden, superb communal areas and a long lease.

This is a simply stunning house and must be viewed to be appreciated.

North London Flat for Sale

Tuesday, November 29, 2011

Investment Property with Planning For Sale



















Greater London Investment Property for Sale

Arundel Arms
Boleyn Road
Stoke Newington
Greater London
N16

Net Saleable: 8299 sq/ft*

£ 1,100,000
Freehold

The development is located on Boleyn Road at its junction with Shellgrove Road and is within easy reach of the superb range of elite shops, bars and restaurants of both Upper Street and Stoke Newington Church Street.

The nearest transport links are: Highbury & Islington Station (Victoria Line and National Rail) and Dalston Junction mainline Stations.

Planning permission has been granted for the demolition of existing public house and erection of a four-storey building comprising 9 flats (4x1 bed, 2x2 bed, 2x3 bed & 1x4 bed) together with 120 sqm. of A1 retail floor space and ancillary cycle spaces.

Both demand and resale values in the area are good.

Please note there is a Section 106 contribution and that this scheme is "car free"

London Site With Planning for Sale

Monday, November 28, 2011

London Maintains House Prices Stability as UK Market Falls

London again emerged as the only UK region to maintain its house prices, edging up 0.3% month-on-month as investors look to shore up their assets by purchasing London properties as investments. London, cautioned estate agent Lucy Pendleton, talking to the Daily Telegraph, is not immune from macroeconomic insecurity and the upward trajectory in property prices may not last:

"With this latest house price data, Londoners have had a major reality check. The capital is not immune to the collapse in business and consumer confidence - and the unravelling of the eurozone.

The East experienced the greatest monthly rise with a movement of 0.7 per cent. The North East experienced the greatest annual price fall with a decrease of 7.2 per cent. Wales experienced the most significant monthly price fall with a movement of -3.0 per cent.

The most up-to-date figures available show that during August 2011, the number of completed house sales in England and Wales increased by 1 per cent to 62,010 from 61,469 in August 2010. The number of properties sold in England and Wales for over £1 million in August 2011 decreased by 7 per cent to 714 from 764 in August 2010.

Saturday, November 26, 2011

NW2 Flat For Sale, Willesden Green



















Park Avenue, Willesden Green, London, NW2 £269,950

A newly refurbished and bright top floor (2nd) one double bedroom conversion within an attractive period house in a most convenient location just a few minutes from Willesden Green zone 2 Jubilee line station, multiple bus routes and a vast array of local shops along Walm Lane.

The accommodation comprises a superb front aspect reception/dining room with white wooden flooring and modern spotlighting, an impressive rear and side aspect fully fitted separate eat-in kitchen with solid wood breakfast bar and offering new appliances, including dishwasher, under-counter fridge-freezer, oven, 5 ring AEG black glass hob and under floor heating and fired earth wall tiles and porcelain floor tiles.

The flat also features a luxury three piece bathroom offering a soft close unit and toilet seat, waterfall shower head and a Velux window for natural light and ventilation

The flat in addition offers quality wool carpeting to the stairs and bedroom, generous storage and a long lease.

This flat would offer a fantastic first home or rental investment and the earliest possible viewing is highly recommended to avoid disappointment. Call now!

Willesden Green Property for Sale

Friday, November 25, 2011

London Property Market News: Time is right to buy in London

Now is still a great time to invest in a buy to let property in London, says the Association of Residential Letting Agents (ARLA).

Figures released by the body show that 60 per cent of its members have seen an increase in enquiries for rental properties in the past two years.

Additionally, the period in which properties are unoccupied between rental contracts has fallen sharply, with an average of just 2.7 weeks now.

"Three-quarters of our members are reporting that demand for rental property is outstripping supply and, with rental returns currently at five per cent, anyone thinking about investing a property to rent could be well-placed to consider their options in the coming months," said Ian Potter, operations manager at ARLA.

Mr Potter added that the services of a professional residential letting agent should be sought out by anyone moving into the buy to let market.

Earlier this week Malcolm Harrison of the Tenancy Deposit Scheme said that using a professional lettings agency is one of the best things both tenants and would-be landlords can do if they wish the rental period to be a successful one.

London Property Market News

Thursday, November 24, 2011

St Johns Wood Park Basement Extensions

St John’s Wood is well known for its grand villas and impressive architecture, reports the Ham and High.

But a trend for homeowners to enlarge their properties by expanding beneath them has seen the usually tranquil neighbourhood become increasingly blighted for many residents.

In the past year alone, the St John’s Wood Society has been asked to review 86 basement applications including 13 in one road – Hamilton Terrace.

Other streets have been affected almost as severely with nine basement applications in Acacia Road and seven in Carlton Hill.

Such is the extent of the problem that last week saw North Westminster MP Karen Buck lead a parliamentary debate on the issue in the House of Commons.

Speaking during the debate, Ms Buck said it was only when she looked at one of the larger basements in St John’s Wood last month that “it really came home to me just what an extraordinary change we are seeing”.

Calling for tighter regulations, Ms Buck says she has an issue with basement developments that “stretch not just under the footprint of the house” but “through an entire garden” to provide luxuries such as underground cinemas, swimming pools, gymnasiums and gun rooms.

A Westminster Council spokesman said all basement developments must comply with planning legislation and council guidelines.

“While such development is often largely concealed from public view, it is important that it is carefully designed to ensure it causes no harm to the amenity of adjoining occupiers, to biodiversity, heritage assets or the character of the area and that it does not result in drainage, flooding or structural problems.”

Wednesday, November 23, 2011

Central London Property Boom

Super-prime new homes in London are expected to achieve record values of up to £10,000 sq ft within the next five years, fuelled by an influx of wealthy overseas investors and lack of housing supply, reports Whathouse.

The recent boom in prime central London property prices has benefitted homes in premium locations like Mayfair, Chelsea and Knightsbridge, with prices rising from £1,000 sq ft in 2000 to over £7,500 sq ft, as achieved for new build apartments at One Hyde Park - believed to be the most expensive price for any home in the world.

But while most property experts project that property prices will generally fall nationwide in the short to medium term, Knight Frank believe that the market in prime central London looks ripe for further growth, with values expected to reach a staggering £10,000sqft in the most exclusive new developments by 2016. This is partly because there is a lack of land available for the construction of new homes in prime London.

Liam Bailey, head of residential research, said: "In key markets like London the availability of top-end developments that attract wealthy international purchasers is still very limited. The opportunity for developers to capitalise on this market is therefore a real option."

Tuesday, November 22, 2011

West Hampstead Borders Flat for Sale, Shoot Up Hill











Templar House, Shoot Up Hill, West Hampstead Borders, London, NW2

A well presented three bedroom ex-local authority flat set on the first floor of a purpose built block.

The property is situated within walking distance of Kilburn Jubilee Line station and West End Lane.

The flat offers a reception with doors leading to a balcony, kitchen with a full range of wall and base units, master bedroom, two further double bedrooms and a bathroom with separate W/C.

Further benefits include private balcony, communal gardens, lift and a long lease.
The flat is being offered with no upper chain.

Shoot Up Hill Property for Sale

Monday, November 21, 2011

London Property Market News: Capital gains for those that play it safe


London is a haven for people looking to make a safe investment in bricks and mortar, says a leading property magazine.

Richard Bowser, editor of Property Investment News, said that capital remains a magnet for those looking for a solid long-term venture as values have risen by an average of nine per cent each year despite an otherwise gloomy economic climate.
He added that the rental market also shows no signs of slowing down with yields up by some 23 per cent on average over the past two years.

Mr Bowser feels a major factor in the London property market at present is the influx of cash-rich buyers from other countries.

He said: "Many overseas buyers have also been attracted, as they are buying with greatly increased purchasing power as a result of the 25 to 30 per cent decline in the pound against most global currencies since early 2007."

A particular area of interest for those from overseas is properties in the £1 million-plus market. According to figures released last month by Lloyds TSB, there were 3,375 purchases in London for that price or more during the first six months of 2011.

London Property Market News

Sunday, November 20, 2011

South Hampstead House For Sale










Priory Road, South Hampstead, London, NW6

A impressive and spacious (2,074 sq ft) five double bedroom, four bathroom Stucco fronted semi-detached house set over four floors and located in a prime road in South Hampstead.

The house is situated on a quiet one way tree lined street in South Hampstead and is within easy walking distance of West Hampstead's three stations and Kilburn Park Bakerloo Line Station.

The accommodation to the raised ground floor comprises an entrance hallway with fitted wardrobes and wood floors, a stunning L-shaped front facing double reception room with a beautiful gas fireplace and cast iron surround, high ceilings and fitted bookshelves; a guest cloakroom with loft access and direct access to the private rear garden.

The accommodation to the lower ground floor comprises a contemporary 21' luxury fitted kitchen with Miele appliances and slate floor tiles; a separate utility room with plumbing for a dishwasher, washing machine and tumble dryer; bedroom four with fitted wardrobes and an ensuite bathroom comprising of a white three piece suite.

The accommodation to the first floor comprises a landing area with video entryphone system and double doors to the private balcony; a spacious 17' front facing master bedroom with fitted wardrobes, a modern ensuite bathroom with intercommunicating doors and incorporating a white three piece suite and a heated towel rail and a rear facing fifth bedroom with fitted wardrobes.

The accommodation to the top floor comprises bedroom two with a feature fireplace, fitted wardrobes and stairs to the mezzanine level; a modern ensuite bathroom incorporating a white three piece suite with a heated towel rail; bedroom three with fitted wardrobes and a modern bathroom incorporating a white three piece suite with heated towel rail.

Further benefits include residents permit parking, freehold and an East facing 45' private rear garden and a large front garden.

London Family House for Sale, South Hampstead

Saturday, November 19, 2011

West Hampstead Property With Planning for Sale









Menelik Road, West Hampstead Borders, London, NW2

A chance to acquire a totally unmodernised semi detached house which has planning permission to create an amazing family home of 3500 Sq Ft in this popular quiet road only a short walk to the Thames link station and West Hampstead's amenities.

This property has been stripped back to the brickwork but gives the ingoing purchaser the opportunity to put their own mark and design on this potential five bedroom three bedroom property with parking. Call now for further details or to view the proposed plans.

Property In Need of Modernisation West Hampstead

Friday, November 18, 2011

West Hampstead Apartment for Sale, West End Lane













St James Mansions, West End Lane, West Hampstead, London, NW6

A larger than average one bedroom flat, set on the top floor of an impressive mansion block.

The block is situated in Central West Hampstead, only minutes walk from the Jubilee Line, Thames Link and Northern Line Stations.

The property offers a 15ft x 14ft bright reception room with stripped wooden flooring, kitchen with a full range of wall and base units, master bedroom with feature fireplace and stripped wooden flooring, bathroom comprising a white two piece suite and a separate W/C.

Further benefits include a share of the freehold, porter and communal gardens.

This block has recently been refurbished and is one of the most prestigious blocks in the area.

North London Flat for Sale

Thursday, November 17, 2011

North London Mansion Block Apartment for Sale












Mapesbury Court, 59-61 Shoot Up Hill, London, NW2

A larger than average two bedroom flat, set on the top floor of this well presented mansion block.

The property is located within easy walking distance of Kilburn Jubilee Line and Brondesbury Silver Link Stations.

The flat offers a bright 18ft reception room with doors leading onto a balcony, modern fitted kitchen with fitted stainless steel oven, hob and extractor, 16ft master bedroom with en-suite shower room, second double bedroom and a bathroom comprising of a modern white three piece suite.

Further benefits include, west facing balcony, off street parking, lift, communal gardens, long lease and no upper chain.

This is one of the largest flats in the building and must be viewed to be appreciated.

Shoot Up Hill Property For Sale

Land Securities Walkie Talkie Tower Will Go Ahead Without Letting Deal

Reuters reports that Land Securities will build its London skyscraper known as the Walkie Talkie without a major letting deal and in spite of a rapidly worsening economic backdrop, Chief Executive Francis Salway said.

The UK's largest real estate investment trust by market capitalisation is developing the 38-storey scheme in London's City financial district, in a JV with Canary Wharf Group, but has no major letting to lower the scheme's financial risk.

"We are speculatively developing the building," Salway said on a conference call on Thursday. When asked by Reuters whether the company had the option to pause the scheme if the economic backdrop worsened, Salway said: "We are building the project."

Land Securities, which posted a 17 percent year-on-year rise in first-half NAV to 863 pence, previously said it would build the tower unlet, but rising fears of a euro zone breakup means financial services firms may shelve plans to move.

On Wednesday, Great Portland Estates Chief Executive Toby Courtauld said there would likely be no major pre-let deal for its 100 Bishopsgate skyscraper in the next 6-12 months. The scheme would only go ahead with a letting deal in place, he said.

Salway noted the number of inquiries by London office tenants looking for floor space had increased since the middle of the summer, a trend he labelled "counter-intuitive."

Wednesday, November 16, 2011

NW2 Flat for Sale, Cricklewood











Temple Road, Cricklewood, London, NW2 £425,000 Leasehold

A spacious 1176 sq ft first and second floor duplex conversion offering two doubles and one single bedroom.

The flat is located within a short walk to Cricklewood Thames link station, multiple bus routes and a large selection of local amenities.

The accommodation comprises a bright front aspect reception with fireplace and an angle bay, a spacious kitchen with adjacent breakfast/dining room, a comfortable second double bedroom with fireplace and a useful bedroom three/study. To the top floor is the master bedroom with a large amount of built in eves storage.

In addition there is direct access to a section of a fenced and enclosed southerly facing rear garden that is beautifully presented offering a vast array of colours, this is also in addition to the front ornamental garden.

The flat offers a wealth of charm and character including wood floors and we recommend the earliest possible viewing to avoid disappointment.

Cricklewood Duplex Flat for Sale

Tuesday, November 15, 2011

South Hampstead Flat for Sale













Ground Floor Flat for Sale, South Hampstead

A bright two bedroom two bathroom flat on the raised ground floor within an attractive period house in the ever popular and sought after South Hampstead conservation area.

With a short distance is West End Lane for the multiple overground and underground train links, local bus routes and a huge selection of local shops, bars and restaurants.

The accommodation comprises a rear aspect reception/dining room with views across to the large meadow like communal gardens, a separate fitted kitchen and a modern bathroom and additional shower room.

The flat has a long lease and is also offered without an upper chain. Call to view!

Property for Sale, South Hampstead

London Property Market News: London leads the way for UK property

London is the city that leads the way with property prices, says one mortgage expert.Catherine Hearnden, director of brokerage site MyMortgageDirect.co.uk, said that when property values in the nation's capital change, the rest of the country tends to follow suit.

"I think it is wise to look at London as a guide to what is going to happen," she commented.However, she stressed that the future remains unclear and much depends on availability of employment and interest rates.

She added that mortgage lending is also improving, with banks and building societies now offering affordability multiples that are as good as they have "been for ages".
Her comments come in the same week, Nationwide announced that house prices increased by 0.4 per cent in October and are now 0.8 per cent higher than they were in the same month in 2010.

The average UK house value now stands at £165,650, although London properties are in most cases significantly higher.

Despite this, David Warren, senior sales negotiator at Paramount, stated that the market has changed slightly in the past few years and the capital maybe does not have the same bearing nationally as it once did.

“I do think that the capital generally guides the rest of the UK property market but it doesn’t seem to have been the same over the last couple of years," he said.
"Whilst we have seen busy periods since 2009 and a shortage of stock which has meant prices have risen by 20 per cent, it doesn’t seem to be the same across the markets outside London.

"I think this is due to the amount of cash in London, we are finding that at least 50 per cent of our transactions are being agreed to cash buyers and a large proportion of these buyers are parents from the UK, mainland Europe and Asia.

"People think London is a safe market. Where buyers outside London tend to be buying more traditionally with a mortgage, finding the deposit for these is hard in these tough times”.

London Property Market News

Monday, November 14, 2011

West Hampstead Apartment for Sale, West End Lane












West End Lane, West Hampstead, London, NW6 £399,950 Leasehold

A recently refurbished two double bedroom second floor flat set above a commercial premises in central West Hampstead. The property is located within easy reach of all three stations and the variety of shops, bars and restaurants on the popular West End Lane.

The property comprises of a bright and spacious 17' reception with wood floors, a modern fitted kitchen with contemporary fittings and integral appliances and both double bedrooms with wood floors. Further benefits include a stunning luxury bathroom comprising of a white three piece suite, communal gardens, long lease and no upper chain. This property will be sold with a tenant in situ giving an income of £1,700 per month therefore making an ideal investment property.

Apartment For Sale West Hampstead

Cricklewood Town House for Sale, 'Golders Green Estate'
















Hamlet Square, Cricklewood, London, NW2

3 Bedrooms
1 Reception Room
1 Bathroom

A very well presented (1,315 sq ft) three double bedroom three storey town house with an integral garage situated in a quiet secure gated development in Cricklewood.

The property is situated on the ever popular 'Golders Green Estate' which is located less than one mile from Golders Green Tube (Northern Line), Cricklewood Thameslink, all the local bus routes and offers easy driving access to both the M1 and A1.

The accommodation to the ground floor comprises a guest cloakroom; access to the garage with power and lighting and a stunning modern rear facing 15' kitchen breakfast room with Granite worktops, Neff integral appliances, stone flooring and a built in speaker system.

The accommodation to the first floor comprises a bright 15' L-shaped reception room with wood floors and double doors leading onto the rear facing balcony and the South facing third double bedroom/study.

The second floor accommodation comprises a 15' master bedroom with built in wardrobes and integrated speakers; a luxury modern fitted family bathroom comprising a white three piece suite, stone flooring, heated towel rail and an extractor fan and the 15' South facing second double bedroom.

Further benefits include loft access, gas central heating, fully double glazed, a mature rear garden and off street parking.

'Golders Green Estate' Town House Property for Sale