Mapesbury Conservation Area Family House for Sale,

St. Gabriels Road, Mapesbury Conservation Area, London, NW2

6 Bedrooms
2 Reception Rooms
4 Bathrooms

A spacious (3,612 sq ft) well presented five/six bedroomed three bathroomed hall adjoining period family home situated on this prestigious residential road in The Mapesbury Conservation Area.

The property is located in a prime location close to Willesden Green and Kilburn (Jubilee Line) underground stations together with the vast array of shops and restaurants on Willesden Green high street and Kilburn High Road.

The accommodation to the ground floor comprises a 22' entrance hallway with feature fireplace and Parquet flooring; a guest cloakroom with tiled flooring; a 20' front facing reception with wood floors and a feature fireplace; the second reception with feature fireplace and wood floors; a stunning contemporary L shaped kitchen breakfast room with concertina sliding patio doors, integral appliances and a utility room.

The accommodation to the first floor comprises a large 15' front facing master bedroom with dressing area and an ensuite bathroom incorporating a white three piece suite and heated towel rail; front facing bedroom two with a feature fireplace and fitted wardrobes; rear facing bedroom three with fitted storage; rear facing bedroom four; bedroom five with a feature fireplace and a family bathroom incorporating a white three piece suite.

The accommodation to the top floor comprises a bright and spacious bedroom six/loft room with video entryphone and an ensuite bathroom incorporating a white three piece suite.

Further benefits include off street parking and a stunning mature South West facing rear garden with a side access, a patio area and a fully functional and sound proofed music studio with electricity.

North West London House For Sale

London Property Market News; London Buyer Interest Increased Despite Financial Markets Turmoil

Demand for property rose yet again in November according to the latest UK Housing Market survey from the Royal Institution of Chartered Surveyors (RICS).

But the body warned that economic uncertainty is still holding the housing sector back from really flourishing.

Some seven per cent of surveyors said that they had seen a increase in the number of new buyer enquires last month, meaning that demand has continued to rise steadily for each of the past three months.

On top of this, newly agreed sales increased by 14 per cent and the average number of sales dealt with per surveyor or branch climbed by 15.4 per cent.

However, RICS warned that the market is still very subdued in many regions and, while the figures are certainly encouraging, they are still far short of those posted in the years prior to the start of the credit crunch.

RICS housing spokesperson, Alan Collett, said:"It is encouraging that buyer interest has edged upwards in the face of the endless diet of negative news from Europe and the turmoil in financial markets. However, a meaningful recovery still seems some way off.”

Despite these comments, e-surv revealed this week that mortgage approvals last month reached their highest levels in two years.

London Property Market News

American Airlines London Property For Sale

Prowling through the bankruptcy papers filed by American Airlines last month makes for an interesting read, especially when you get to the bit about the company owning a five-bedroom town house in one of London’s most exclusive districts.

It sits in Cottesmore Gardens, one of Britain’s most expensive addresses, in the heart of ritzy Kensington neighborhood.

Property firm Zoopla puts the average price for homes in the area at £6.6 million ($10.2 million).

It was bought back in the 1990s, when the company didn’t have $30 billion of liabilities to its name.

It is an awkward revelation to come out of the firm’s Chapter 11 filing. The Transport Workers Union of America, already incensed that the airline filed for bankruptcy despite “sitting on $4.1 billion in cash,” sees it as an unnecessary luxury in these trying economic times.

The company said it would review its ownership of the house and its other real estate as part of its Chapter 11 reorganization.

Blogs Marketwatch

Consumer Confidence Returns To the UK Housing Market

The UK housing market will see a gradual recovery during 2012, according to the National Association of Estate Agents (NAEA)NAEA chief executive Peter Bolton King said 2012 believes that some people have been quick to be overly gloomy about the housing sector’s prospects in the next 12 months but was also keen to stress that, in contrast, things won’t blossom overnight either.

Indeed, he feels that home purchases will be at similar levels to this year but house values will increase on a gradual basis.However, he feels that lenders need to do more to drive the market for first time buyers as currently a lack of available finance means that people are finding it increasingly difficult to get a foot on the property ladder.

"Next year will see a continued lending barrier facing those entering the housing market for the first time, with major lenders sticking to tight mortgage policies,” Mr Bolton King stated.“Clearly, when the Stamp Duty holiday disappears in the second quarter of 2012 it will become even more difficult for first time buyers to access the market."

He also believes that regional variations will lead to what he terms ‘micro-markets’ across the country. This is where demand for property in some districts maintains a healthy market but creates a division from lesser desirable areas, which are left behind.He added: "Pressure for housing will increase in London and the South East throughout 2012. The top end of this market will also remain very resilient, and we believe that purchases from overseas investors will continue apace.

"Confidence in 2012 will be a key factor and this, to some extent, will be driven by the media." David Warren, senior sales negotiator at Paramount commented: “The West Hampstead housing market has been consistent since 2009 after the slow down at the end 2007/2008 and prices recovered fully in 2010. We have now seen prices raise by a further five per cent from the peak prices in August 2007.

"The local area is only affected slightly by the first time buyer Stamp Duty holiday as only studios and the odd one bedroom flat will get into this bracket but we can definitely see where the rest of the UK will suffer with no stamp duty holiday and FTB finding it hard to get deposits together and mortgages agreed”

Recently, the Building Societies Association (BSA) stated that consumer confidence is returning to the housing market and more people will be looking to purchase a property in next year than in 2011.

NAEA News

St Johns Wood Apartment for Sale

Grove End Gardens, Grove End Road, St John's Wood, London, NW8

A stunning one double bedroom ground floor apartment set in a prestigious portered block in St. Johnn's Wood. The property is located within minutesâ' walk of St. Johnn's Wood station (Jubilee Line) and itsâ' very fashionable High Street. The Bakerloo Line at Maida Vale is also within easy access to the property, allowing residents to commute easily into the City and Canary Wharf.

This flat is ideally located for professionals commuting to the City whilst having access to all the luxurious amenities of St. Johnâ's Wood and Regentâ's Park. It makes for a perfect investment for owner occupation or an investor.

The property has been recently redecorated and is ready to move in with no upper chain.

North West London Apartment for Sale NW8

West Hampstead Borders Flat for Sale

Westbere Road, West Hampstead Borders, London, NW2

Beautifully and recently refurbished two double bedroom two bathroom top floor duplex apartment (Approx 860 Sq ft) with a superb roof terrace and share of freehold set in this residential road close to all amenities of Mill Lane.

The three train stations, shops and bars of West Hampstead are all within easy reach.

Benefits include a bright reception room with wood floors, high gloss fitted kitchen with stainless steel appliances, attic style master bedroom with en suite shower room, second double bedroom leading to a stunning West facing 12' roof terrace with panoramic views over London and a further European shower room with wc. The flat also has a utility area and plenty of storage.

Buying a Flat in North West London

Central London Prime Property Prices At Highest Levels

The value of prime property in central London shot up by 13 per cent in 2011.This is according to the latest Knight Frank Prime London Sales Index, which states that homes in the area are now at the their highest ever levels.

Properties priced between £2.5 million and £5 million saw the largest growth, increasing by 16 per cent on average, while those valued over £10 million increased by 12 per cent.The average prime property in central London is now worth around £3.19 million and has seen a value increase equivalent to £1,202 each day over the past 12 months.

Sales numbers have increased by 17 per cent year-on-year, but this is largely due to high take up of properties at £5 million or less, which are up by an incredible 20 per cent.It is widely believed that funds from cash-rich investors from overseas is helping to drive up the luxury homes market in the capital.


London Property Market News

Brondesbury Flat for Sale

Buckley Road, Brondesbury, London, NW6

PUBLIC NOTICE

PROPERTY ADDRESS: FLAT 2, 36 BUCKLEY ROAD, LONDON , NW6 7LU

We are acting for the mortgagees and have received an offer of £112,000 on the above property.

Any interested parties must submit any higher offers in writing to the selling agent before an exchange of contracts takes place.

North London Flat for Sale

Battersea Power Station Future Uncertain

At first it was going to become the London equivalent of Disneyland, then a shopping center with a roof-top ice-skating rink and finally 3,400 luxury apartments. But each grandiose plan failed as one developer after another ran out of cash.Now the decrepit Battersea Power Station stands as a sad reminder of the big ideas that flourished when credit was cheap and the economy was buoyant. On Monday, it goes on sale again.

A London landmark that was featured on the cover of Pink Floyd’s 1977 album “Animals,” the power station has been without a roof for two decades. Its Italian marble hall and Art Deco turbine control room with parquet flooring are slowly rotting away.

Yet it sits in the middle of a vast 40-acre, or 16-hectare, plot right on the Thames, just opposite the fashionable district of Chelsea. Many developers agree it is an attractive proposition — if it were not for the giant brick shell that must be preserved.

“Battersea Power Station is an iconic world-class site that will attract great interest when put on the market,” Gerald Allison, senior director at DTZ, a property adviser, said. But, he added, it will have to make financial sense.

The power station was built in 1933 by Giles Gilbert Scott, who also designed London’s red telephone boxes and the power station that now houses the Tate Modern museum, to show off Britain’s industrial power.

Battersea is Europe’s largest brick building and with its four white chimneys looks like an upside-down pool table. At the peak of its production in the 1950s, the station supplied a fifth of London’s electricity.

Since its closure in 1983, dozens of development plans have been drawn up, but none have succeeded. The composer Andrew Lloyd Webber, the Cirque du Soleil circus group, Warner Bros. and even Michael Jackson were among those who considered investing in the project over the years, then decided against it.

New York Times

NW3 Flat for Sale, Swiss Cottage

New College Court, Finchley Road, Swiss Cottage, London, NW3

A spacious (602 sq ft) one double bedroom flat set on the second floor of this purpose built mansion block in Swiss Cottage.

The property is located close to all the local amenities and transport links on Finchley Road and the huge array of shops, restaurants and entertainment facilities at the O2 centre. West Hampstead and Swiss Cottage is also easily accessible.

The accommodation comprises a front facing 14' reception room; an inner hallway with fitted storage cupboards; a separate kitchen; a rear facing 13' bedroom and a bathroom incorporating a white three piece suite.

Further benefits include a lift in block, an extended lease, heating and hot water included in the service charge and no upper chain.

The external common parts are currently being refurbished.

Finchley Road Flat for Sale

West Hampstead Garden flat for Sale, Gladys Road

Gladys Road, West Hampstead, London, NW6

A stunning two double bedroom garden flat with it's own private entrance set in an attractive four storey period building in the heart of West Hampstead.

The property is situated within easy reach of West Hampstead Underground and Thameslink stations together with the variety of shops, cafes, bars and restaurants.

The accommodation comprises of oak wood floors to an 18' reception room with a gas fireplace and double doors leading onto a conservatory/dining room and a rear facing kitchen with space for dishwasher, fridge freezer and washing machine. Further benefits include the master bedroom with fitted wardrobes, a modern white three piece bathroom suite, double glazing, second double bedroom, under floor heating and double doors leading onto a superbly designed two tier garden with a sun terrace. CALL NOW TO VIEW!!!

North London Flat for Sale, West Hampstead

Cricklewood Flat for Sale, NW2

Avenue Court, Farm Avenue, Cricklewood, London, NW2

A spacious (709 sq ft) two double bedroom first floor flat with a South facing balcony set in an purpose built block in Cricklewood.

Within the local area are excellent multiple bus routes, road links to the M1, A41 and A406 and by bus a short journey to Golders Green or Finchley road for the underground train links. West Hampstead is also within easy reach.

The accommodation comprises a large entrance hall with two built in storage cupboards; a 16ft reception room with steps up to the dining area and access to the South facing balcony; a separate fitted galley style kitchen with integral electric hob and oven, space for fridge freezer/washing machine/dishwasher and a bathroom incorporating a white three piece suite and fully tiled walls.

Further benefits include a front facing 14' master bedroom with fitted wardrobes and wood floors, a second double bedroom with wood floors, off street parking on a first come first serve basis and communal gardens.

North London flat for Sale

Pre 1919 Homes Value Up 412% in 25 Years

Traditional properties built before 1919 have seen the biggest price rises over the past 25 years.

Research conducted by the Halifax shows that properties older than 92 years have risen by 461 per cent from £33,619 in 1986 to £188,473 today. This means that they have risen by an incredible £516 each month.

In its Property Age Review, the bank said that properties built after 1960 have seen the next biggest price rises, going up by 348 per cent. Those constructed between 1919 and 1945 were close behind at 345 per cent.

But houses built between 1945 and 1960 didn’t fare as well, with rises of just 249 per cent. This could be in part due to the number of poorer quality properties built during the housing shortage which followed the Second World War.

Martin Ellis, Halifax housing economist, said: "Properties from the Victorian or Edwardian era tend to be in higher demand: there are fewer of them, they are often larger, situated in desirable locations, and have a popular style.

“It's easy to see why pre-1919 homes witnessed such a dramatic increase over the past 25 years".

Unsurprisingly, older properties in London are the highest valued nationally, with the average pre-1919 home worth an estimated £361,000.

However, over the past 25 years homes from that era in Scotland have seen the biggest increases with property values now 528 per cent than they were in the year that the Bangles walked like an Egyptian.

In that same quarter of a century pre-1919 London homes rose by 521 per cent while ones in Yorkshire and the Humber performed almost as well at 520 per cent. The smallest increase has been in the south-east at 408 per cent.

Overall, properties values rose by 0.4 per cent in the month of October according to the Nationwide’s latest house price index.

London House Price News

Mill Hill House for Rent, London NW7

Colenso Drive, Mill Hill, London, NW7

A fantastic two double bedroom two bathroom two storey house located within a quiet cul-de-sac close to the amenties served at Mill Hill including the Thameslink station. Benefits include a spacious reception room, fully fitted kitchen with all appliances, master bedroom with ensuite facilities, second double bedroom, family bathroom, private rear garden, OSP for 2 cars, available from the 10th December, unfurnished.

North London House For Rent, Mill Hill, NW7

London Rental Property News: Rental market will remain strong in 2012

The private rental market will remain strong well into 2012 according to the Residential Landlords Association (RLA).

Alan Ward, chairman at the RLA said that demand for property from would-be tenants is not set to fall next year because the number of properties available for rent continues to be well short of demand.

However, he noted that market conditions will vary greatly between districts with London typically having the highest demand as well as yield.

"There isn't any indication of tenant demand slowing as long as the supply side is falling well short. It does tend to sustain the rental levels, but it depends where you are," Mr Ward said.

"We have got this metropolitan split with the central London market compared to the rest of the country."

Private landlords Grainger predicted last month that the number of people renting properties could exceed the number of home owners by 2026.

London Rental Property News

West Hampstead Flat for Sale,

Dennington Park Road, West Hampstead, London, NW6

1 Bedroom
1 Reception Room
1 Bathroom

A one bedroom flat in one of the neighbourhood's most popular and sought after roads and only footsteps to all amenities in West Hampstead including the Jubilee line, Thameslink and Silverlink stations and a plethora of local restaurants, cafes and bars as well as multiple bus routes and superb road links into and out of Central London. The flat is one of five in a quiet and extremely well kept and maintained character terrace house.

This impressive accommodation comprises beautiful newly restored real wood floors to the reception room and bedroom, a separate modern fitted kitchen with wood style units, together with a brand new sleek luxury bathroom suite. The flat also benefits from a newly completed top to bottom redecoration of the entire living space. With a layout carefully designed to maximise the liveable space this is truly a move in ready flat ideal for a first time buyer or investor seeking to add a fantastic property to his or her portfolio.

The property in addition offers a share of the freehold and we recommend the earliest possible viewing to appreciate this super home. With no chain and the seller ready to move, a smooth and fast exchange and completion is offered. View today.

North West London Property for Sale

Bridging Loans Industry Expands To Fill the Gap

Gross lending in bridging finance is set to reach £800m for the first time this year, driven by a big increase in landlords who cannot raise money on the high street reports the RLA.

According to new projections provided by bridging lender West One Loans, the bridging industry has expanded rapidly to fill the gap left by traditional lenders.

The volume of loans advanced has risen 26% year on year as an increasing number of residential property investors have turned to the sector to finance their projects.

In 2009, 70% of loans were granted to the residential sector. Last year, this had risen to more than three-quarters. So far in 2011, 82% of all bridging loans by volume are to residential property investors.

The average loan term now stands at just under eight months, and the average LTV now is 48.4%, up from 42.5% a year ago.

Duncan Kreeger of West One said: “Having a clear exit strategy is the most important consideration when taking out bridging finance. The strong demand for accommodation means investors can be confident they can refinance easily when they are ready to rent.”

Asian Investment in London Residential Property

Reuters reports that Cordea Savills, the fund management arm of British real estate consultancy Savills PLC, has launched a 150 million pound fund that will buy prime London homes, giving Asian investors an alternative way to invest in the sector.

Interest in London residential property has been on the rise in recent months among investors from China, Hong Kong and Singapore, spurred in part by state-led measures to cool real estate markets in Asia.

At the upmarket One Hyde Park development, for instance, Asian investors accounted for 30 percent of buyers.

Cordea Savills' new fund is expected to benefit from the strong Asian interest in London, and indications of interest have been strong so far, said Brian D'Arcy Clark, head of its residential acquisitions, especially on the back of strong demand from Chinese buyers.

"There's very good evidence that Chinese investors want to invest in London and there's pent-up demand from high-net-worth individuals from China to come into London," Clark said.

Cordea Savills expects its fund to see net returns of about 18-20 percent a year, and said investors who are keen on the fund will need to put in a minimum of 200,000 pounds.

The fund, which closes in January, will invest in London property by forming joint ventures with developers and by committing to acquire apartment units before construction to get better prices, Cordea Savills said.

Investing in the fund would allow investors greater diversification and higher potential returns as the fund would be able to acquire assets in bulk and thus at better discounts, Clark said.

Finsbury Park Investment Property For Sale

North London Investment property for Sale, Finsbury Park

Upper Tollington Park
Finsbury Park
London
N4

NIA: 667 sq/ft*

£ 265,000
Leasehold

Lease length: 125

The property is located in this popular North London postcode Finsbury Park. The apartment can be found on Upper Tollington Park at its junction with Oxford Road.

The area benefits from excellent parkland facilities, local shops, bars and restaurants
Close to Local amenities of Stroud Green Road and Finsbury Park whilst Finsbury Park Station (Zone Two) offers access to the City and West End.

Arranged over two floors this slightly unmodernised apartment benefits from two bedrooms and access to a garden.

The apartment measures approx 667sq.ft.

London Investment Property For Sale