London Investment Property For Sale

Property Searches Online Increase In First Days of 2012

2012-01-26T03:51:00.000-08:00

The number of people searching for a new property online has continued to grow and that can only be a positive sign for the housing market.

According to Rightmove, the number of people turning to the net to look for properties in the first ten days of this year was 27 per cent higher than in the same period in 2011.

Selwyn Lim, director of Mouseprice, believes that this is an encouraging indicator that the market will have a buoyant 2012, but also believes that it is a direct result of people switching from looking in newspapers to using their computer instead.

“It is definitely a positive indicator. I would water it down a little because of some elements. One is the shift in behaviour of more and more people searching online – it is a trend that has been going on,” he said.

“Since the internet began, more people have been searching online and that trend is continuing.”

Rightmove also reported that there was a 1.4 per cent rise in asking prices in the first week of the year.

London Housing Market News

Mapesbury Conservation Area Refurbishment Project for Sale

2012-01-24T07:16:00.000-08:00

Tarranbrae, Willesden Lane, Brondesbury, London, NW6

A ground floor1260 Sq Ft purpose built flat in one of Mapesbury Conservation Area's popular blocks only a few minutes' walk to Kilburn and Willesden Green (Jubilee Line) underground station.

This spacious flat is in need of modernisation and benefits from a 20'x17' reception, two 17' double bedrooms, further single bedroom and two bathrooms. There is a fitted kitchen/diner with oven/hob and hood and washing machine and all the bedrooms have fitted wardrobes.

The block benefits from off street parking, wonderful communal gardens, a porter and the service charge does include heating and hot water.

This flat will give the purchaser the chance to stamp their mark on this great sized flat.

Large London Flat for Refurbishment Investment

Kentish Town House With Planning for Development

2012-01-22T01:52:00.000-08:00

Freehold Residential Development Property for Sale

Kentish Town
Grafton Road
London
Greater London
NW5

Net Saleable: 1350 sq/ft*

£ 650,000

Grafton Road is popular road in the heart of Kentish Town. The development is close to the amenities, shopping & transport facilities of Kentish Town and Chalk Farm as well as being directly next door to the recently refurbished Grade II Listed Victorian Sports centre and Swimming pool.

Planning permission has been granted for the construction of a mid terrace house arranged over 3 floors.

The houses comprises a large reception/kitchen diner on the ground floor and 4 double beds and 2 bathrooms on the upper two floors.

The property will also benefit from a rear garden and terrace.

Net Saleable 1,350sq.ft

London Investment/Development Property for Sale

London property market hit as major project stalls

2012-01-20T01:46:00.000-08:00

Reuters reports London's commercial property market suffered another major setback as a deal fell through to let one of the biggest future office schemes in the City financial district.

Anglo-French developer Hammerson said law firm CMS Cameron McKenna has pulled out of talks to pre-let a third of the 600,000 square feet, 485 million pound ($741 million) Principal Place scheme in Shoreditch, which a source said will delay the April start date for construction.

The central London commercial property market, which rallied between summer 2009 and autumn 2011, is now starting to feel the effects of economic uncertainty.

Five central London skyscrapers being developed by firms including Land Securities and British Land have only signed one office pre-let deal between them.

London developers are looking to exploit a shortage of top quality offices in the City district but have struggled to attract tenants amid the global financial turmoil.

"I have consistently said that in current conditions we would not expose our shareholders to excessive risk through building London offices on a speculative basis, which remains our policy," Hammerson's Chief Executive David Atkins said in a statement on Monday.

At 1123 GMT, shares in Hammerson were down 0.7 percent, underperforming a 0.3 percent fall in the broader index of UK property stocks.

"If this means Cameron McKenna are definitely out of the market rather than going somewhere else it doesn't bode well for City tenant demand this year," said Alan Carter, an analyst at Investec.

Wealth manager Schroders shelved a deal to move into the Walbrook building near the Bank of England at the eleventh hour recently due to the uncertain economic outlook.

Optimistic Landlords First to Benefit From Weaker House Prices.

2012-01-18T09:00:00.000-08:00

Reports in last weekend’s Financial Times have highlighted the surge in new buy-to-let purchases,with many areas in London likely to be the first to benefit, according to property search consultant Expatfindaproperty.com.

According to the Financial Times report, landlords are taking advantage of weaker house prices to snap up bargain rental prospects in premier locations. While some are cash purchasers, others are using cheap borrowing costs to expand their portfolios.

Expatfindaproperty.com’s own research suggests that rental yields in many parts of London, in particular, are starting to rise steeply, following many years of static, or only gently-rising, prices. In particular, demand for rental homes near to prime commuting transport links, such as those in the Clapham, Earlsfield, Wimbledon and Raynes Park areas of South West London, has seen agents arranging block viewings, with would-be tenants forced to bid against each other to secure a property.

Emboldened by the strength of the demand, says Expatfindaproperty, agents and landlords are now pushing rents higher, which means that new landlords can expect enhanced returns, as well as realistic prospects of capital growth, when capital prices eventually start to recover. Prospective tenants, however, will find this news less welcome.

Erica Evans, of Expatfindaproperty.com, comments, “Our straw poll of agents in South West London has revealed high levels of optimism for landlords. For those thinking of entering the market from abroad, providing they have a 30% deposit for an expatriate or international mortgage, now is an excellent time to be looking at the market, but location is absolutely critical.

“Strong rental yields are only available in quite specific areas around commuter infrastructure hotspots.”

Prime property for sale in London will see modest growth over the next year, as predictions show that the value of houses in the capital will continue to edge up, defying the economic crisis once again.

At the end of December, the Land Registry reported that prices for London property had risen again in November. It also said that the only region in the whole of England and Wales which had seen a rise in property prices over the whole of 2011 was London, with an increase of 1.4 per cent.

Lucian Cook, director of residential research at Savills, said that this trend was most likely to increase slightly in 2012, as property will see a further modest level of growth throughout thw next 12 months.

"We are forecasting in prime central London that we will actually see some very modest growth in the market. That is largely on the back of a continuation of overseas wealth coming into those markets," he noted.

Investment Commercial Property For Sale, Kilburn

2012-01-17T08:42:00.000-08:00

Freehold Investment Property for Sale London

Kilburn Park
Canterbury Road
London
Greater London
NW6

Existing: 10000 sq/ft*

£ 2,750,000
Freehold

Kilburn Park can be found to the south of Kilburn High Road close to Carlton Vale. The area has seen a recent resurgence of good local bars, coffee shops and hotel opening.

The building is situated on Canterbury Road offering easy access to Kilburn Park (Bakerloo Line) station and further transport, shopping and recreational facilities of Kilburn High Road.

The existing character building comprises of a large B1 office of some 10,000 sq.ft over ground and first floors with off-street parking for up to 25 cars.

Planning permission has granted for the change of use from offices (B1) to residential (C3) on the first floor to create 2x1 bed and 3x2 bed flats and a 3-storey side extension to provide staircase and lift, erection of additional storey to form a further 4x2 beds flats.

There is a S.106 contribution of £48,000 and car free housing.

The building also offers the potential to create serviced offices, student accommodation or a hostel.

Rates payable £28,200 p.a.

NW London Site with Planning for Sale

St Johns Wood Apartment for Sale

2012-01-15T04:42:00.000-08:00

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

One double bedroom ground floor apartment set in a prestigious portered block in St. John's Wood. The property is located within minutes' walk of St. John's Wood station (Jubilee Line) and its' 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. John's Wood and Regent'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, St Johns Wood

CASH BUYERS ONLY, Kilburn Flat for Sale

2012-01-13T04:23:00.000-08:00

Princess Road, Kilburn Park, London, NW6

1 Bedroom
1 Reception Room
1 Bathroom

CASH BUYERS ONLY!

As SOLE agents Paramount are pleased to offer for sale this first floor 633 sq ft one double bedroom flat which could easily be made into a two bed with the correct permissions.

The property currently has an insurance claim for subsidence proceeding on it.

CALL NOW TO VIEW!!!

Kilburn Flat for Sale

Hammersmith Leasehold Property for Sale

2012-01-11T01:02:00.000-08:00

Commercial Leasehold Property for Sale, Hammersmith

Hammersmith
Tasso Road
Hammersmith
Greater London
W6

GIA: 1367 sq/ft*

£ 28,000
Leasehold

Tasso Road is a quiet, residential address moments from Queens Club, offering quick access to the shops, bars and restaurants of Fulham Broadway and West Kensington, with local shops close by on Fulham Palace Road.

The closest station is Barons Court (District and Piccadilly Line) and Kensington Olympia (Overground) while the A4/M4 provides the motorist with a rapid route out of London towards Heathrow Airport and the West.

Ground - 24sqm (excluding stair to basement)
First - 103sqm

W6 Leasehold Property for Sale

London Property Prices Cement Position as Highest in the Country

2012-01-09T07:27:00.000-08:00

London property prices have cemented their position as the highest in the country, with Kensington and Chelsea holding six of the top ten most expensive streets.

Campden Hill Square, just around the corner from Kensington Palace, was named as the most expensive street in the UK, with an average price of £4,863,000, according to Lloyds TSB research.

Drayton Gardens, Dawson Place, Duchess of Bedfords Walk, Cadogan Square and Bramerton Street, all in the borough, also make the top ten.

Suren Thiru, economist at Lloyds TSB, said: "The area clearly has its attractions with excellent schools, upmarket shops, close proximity to the capital's business district and impressive properties."

Completing the top ten were Parkside, Hamilton Terrace, Cedar Park Gardens and Hampstead Lane, all within Greater London, reflecting the higher property prices seen in the capital.

"Outside London, the areas with the most expensive streets are generally located well away from central areas, where buyers are typically attracted by larger properties and more green space," Mr Thiru added.

The average house price in the UK now stands at £241,461, according to figures from the Land Registry of England and Wales and the Scottish Executive Agency.

London Property News

NW4 Investment Property For Sale

2012-01-08T09:08:00.000-08:00

London Development Opportunity for Sale

Sunny Hill Park
Great North Way
London
Greater London
NW4

Net Saleable: 6646 sq/ft*

£ 1,200,000
Freehold

The property is located off the westbound carriageway of the Great North Way at its junction with Sunny Gardens Road adjacent to "Sunny Hill Park"

The development is also close to the shops and amenities of Hendon and near to the beautiful open spaces of Hendon Golf Course and Sunny Hill Park. Mill Hill East Underground Station (Northern Line) is within easy reach, providing good transport links into the West End and City.

Planning permission has been granted for the demolition of the existing building and erection of a two-storey block comprising 8 luxury apartments with associated parking and landscaping (6 x 2 beds & 2 x 1 beds)

The seller has drawn an improved indicative scheme to provide 6 x 2 beds, 1 x 2 bed duplex & 1 x 3 bed apartments (NIA 7,276sq.ft). This is achieved with a slight modification to the approved scheme.

North West London Investment Property For Sale

Highest House Price Rises Recorded in Woking

2012-01-07T07:17:00.000-08:00

Towns in London and the South East accounted for nine of the 20 towns recording the strongest price rises in 2011. Woking in Surrey recorded the biggest rise in house prices among major UK towns and cities in 2011, according to new research by the Halifax.

Based on the Halifax’s own house price data, the average selling price in Woking, a commuter town within easy reach of central London by rail, was 16% higher than in the previous year. Prices increased from £257,590 in 2010 to £299,654 in 2011.

Falkirk in Scotland experienced the second biggest rise in house prices with a 12% gain. Like Woking, Falkirk is within easy commuting distance of major commercial centres, lying almost equidistant between Edinburgh and Glasgow. The town also has relatively low average property prices, making it more affordable than many other areas close to Scotland’s two largest cities.

Towns in London and the South East accounted for nine of the 20 towns recording the strongest price rises in 2011. Overall, 28% of the towns surveyed saw some increase in prices over the year.

The majority of worst performers were outside southern England. Kettering in Northamptonshire and Dunfermline in Scotland experienced the largest falls in average selling prices in 2011, both recording declines of 15%.

Nine of the ten towns that saw the biggest declines in property values are outside southern England, reflecting the generally weaker performance of the housing market outside the south.

South Hampstead Apartment for Sale

2012-01-05T06:54:00.000-08:00

Priory Road, South Hampstead, London, NW6

A top (2nd) floor three double bedroom two bathroom conversion in a most impressive and imposing period house in the ever popular South Hampstead conservation area.

Within a short distance are multiple amenities including West Hampstead for the Jubilee, Thames Link and London Overground stations and a vast plethora of local restaurants, Bars and Cafes. Finchley Road is also available for the underground station (metropolitan/Jubilee lines) and the O2 centre for local entertainment and dining.

The accommodation comprises a superb reception/dining room open to a fully fitted modern kitchen, three double bedrooms and two modern bathrooms.

In addition the flat offers an excellent roof space for storage, parking and share of the freehold.
We recommend the earliest possible viewing.

North London Apartment for Sale

2013 Mortgage Reforms Will Not Hinder UK Housing Market

2012-01-03T09:33:00.000-08:00

The Council of Mortgage Lenders (CML) has said that it is pleased with the proposals for reform on mortgage lending put forward by the Financial Services Authority (FSA).The FSA this week outlined new stricter lending rules which it hopes will prevent banks and building societies granting mortgages to people which cannot afford the repayments or allowing them to take reckless measures such as interest-only mortgages without a suitable repayment vehicle.

Initially, the CML said that it had concerns that such restrictions, which will come into forced in 2013, would hinder the market and further reduce people’s ability to acquire.But, after consultation with the FSA, it is satisfied that the changes are a positive move for borrowers and the housing market.

CML director general Paul Smee said: "If lenders are to make their contribution to improving the supply of housing and to the wider agenda for economic growth, then they need a regulatory framework which also supports that objective."

Despite the changes, EH Landlord Services have predicted that the housing market will remain strong for the next decade at least.

Mortgage Rate and Home Loan News

Home Improvement News; Best Investments and Best Returns

2012-01-01T07:51:00.000-08:00

When looking to get the best possible return on your property this year, it is best to complement its existing features with small changes rather than embark on a huge regeneration project.

Elizabeth Weintraub, who writes for About.com's Home Buying Guide, believes that adding value to a home is in all the smaller details rather than the costly and time consuming improvements many people take on.

"In terms of adding value - don't renovate," she said. "If you wouldn't make a renovation when you were planning to stay in the home, don't do it when you plan to move."

She said that adding some pounds to your property's value could be as simple as giving the place a lick of paint or buying new rugs and towels for the bathroom.

However, she said that if you do need to take on one large-scale project then it should be adding an extra bath or shower area to the house as another washing space always reflects well to potential purchasers.

Last month the National Home Improvement Council (NHIC) said that installing cavity wall insulation is a good way of adding to your home's value.

London House Price News

Mapesbury Conservation Area Family House for Sale,

2011-12-31T09:08:00.000-08:00

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

2011-12-30T07:44:00.000-08:00

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

2011-12-27T02:10:00.000-08:00

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

2011-12-26T09:22:00.000-08:00

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

2011-12-24T05:18:00.000-08:00

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

2011-12-23T04:37:00.000-08:00

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

2011-12-22T09:36:00.000-08:00

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

2011-12-21T02:26:00.000-08:00

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

2011-12-19T09:18:00.000-08:00

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

2011-12-17T09:15:00.000-08:00

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

2011-12-15T09:11:00.000-08:00

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

2011-12-12T09:05:00.000-08:00

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

2011-12-10T10:47:00.000-08:00

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

2011-12-07T08:49:00.000-08:00

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

2011-12-06T22:25:00.000-08:00

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,

2011-12-05T02:13:00.000-08:00

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

2011-12-03T02:07:00.000-08:00

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

2011-12-02T06:25:00.000-08:00

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

2011-12-01T01:18:00.000-08:00

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

South Hampstead Flat for Sale, Priory Road

2011-11-30T01:03:00.000-08:00

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

Investment Property with Planning For Sale

2011-11-29T02:27:00.000-08:00

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

London Maintains House Prices Stability as UK Market Falls

2011-11-28T06:22:00.000-08:00

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.

NW2 Flat For Sale, Willesden Green

2011-11-26T04:48:00.000-08:00

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

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

2011-11-25T07:22:00.000-08:00

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

St Johns Wood Park Basement Extensions

2011-11-24T05:36:00.000-08:00

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.”

Central London Property Boom

2011-11-23T04:41:00.000-08:00

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."

West Hampstead Borders Flat for Sale, Shoot Up Hill

2011-11-22T02:10:00.000-08:00

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

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

2011-11-21T02:13:00.000-08:00

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

South Hampstead House For Sale

2011-11-20T04:13:00.000-08:00

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

West Hampstead Property With Planning for Sale

2011-11-19T02:42:00.000-08:00

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

West Hampstead Apartment for Sale, West End Lane

2011-11-18T01:05:00.000-08:00

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

North London Mansion Block Apartment for Sale

2011-11-17T08:47:00.000-08:00

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

2011-11-17T03:09:00.000-08:00

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."

NW2 Flat for Sale, Cricklewood

2011-11-16T09:02:00.000-08:00

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

South Hampstead Flat for Sale

2011-11-15T05:07:00.000-08:00

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

2011-11-15T03:01:00.000-08:00

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

West Hampstead Apartment for Sale, West End Lane

2011-11-14T05:02:00.000-08:00

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'

2011-11-14T02:05:00.000-08:00

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

51% London Property Owners Would Install Solar Panels

2011-11-13T04:19:00.000-08:00

Property owners wishing to add to savings already made by comparing commercial property insurance quotes should consider simple energy-saving measures, according to Siemens.

Lee Jones, product manager for energy management at the company believes that small and simple adjustments to buildings’ energy management systems to reflect the number of inhabitants can make big differences.

Speaking at an Energy Services and Technology Association event in Manchester recently, he also recommended limiting systems’ usage during mornings, evenings and weekends in order to cut back on costs.

Mr Jones said: "Analysing your profile can show you the abuse in your building – you are wasting money. People forget to set the building control system to reflect that there is no-one in on a bank holiday.

“If there are only a handful of people in there, then you do not need the full system running.”

Research from aspect.co.uk recently revealed that 51 per cent of London's property owners would consider installing solar power in order to save energy.

Kilburn Investment Property for Sale

2011-11-12T02:50:00.000-08:00

Kilburn Commercial Investment Property for Sale

Kilburn High Road
London
Greater London
NW6

NIA: 7739 sq/m*

£ 1,825,000
Freehold

The development is located on Kilburn High Road (A5) close to the famous Tricycle Theatre. Brondesbury Overground Station and Kilburn Underground (Jubilee Line) are within close walking distance providing good access to Central London.

The building is currently arranged as a ground floor commercial unit (D2 & A4) and a nightclub occupying the entire first floor.

Planning permission has now been granted for the conversion of the existing first floor and the erection of two further floors to create 9 luxury apartments (6x2 beds & 3x3 beds)

7 flats also benefit from belconies/roof terraces.

Net saleable approx 7,739sq.ft (719sq.m)

Please note the S.106 contribution is £50,000 & "car free"

London Investment Property For Sale

London Investment Property for Sale, Finsbury Property in Need of Modernisation

2011-11-11T02:36:00.000-08:00

North London Leasehold Property For Sale

Upper Tollington Park
Finsbury Park
London
N4

NIA: 667 sq/ft*

£ 275,000
Leasehold

Lease length: 125

The property is located in this popular North London postcode Finsbury Park. The apartment can be found on Uppper 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.

Leasehold Apartment for Sale, Finsbury Park

Queens Park Investment Property for Sale

2011-11-10T02:32:00.000-08:00

London Property For Refurbishment for Sale

Queens Park
Hartland Road
Queens Park
London
NW6

NIA: 656 sq/ft*

£ 330,000
Leasehold

Hartland Road is a popular residential address off trendy Salusbury Road moments from the shops, bars and restaurants of Queen's Park and the open spaces of the park itself.

The area is well serviced for public transport the nearest station is Queen's Park (Bakerloo Line, London Overground, National Rail) for links throughout the City and West End.

Offered for sale is an immaculate first floor 1 bedroom apartment with full planning permission for a loft conversion to creat a 2 bedroom + study split level masionette.

Net saleable 656sq.ft (61sq.m)

London Residential Investment Property For Sale

London Residential Development Opportunity for Sale,

2011-11-10T01:47:00.000-08:00

West Hendon Investment With Full Planning for Sale

Stuart Ave
London
Greater London
NW9

Net Saleable: 3786 sq/ft*

£ 595,000
Freehold

Prominent residential development opportunity in West Hendon, London NW9.

Full planning permission has been granted for a new build scheme comprising 7 self-contained apartments (1 x 3bed, 4 x 1bed, 2 studios). There will also be the benefit of off street parking, refuse store and cycle parking.

The cleared site is on Stuart Avenue occupying a bold position off the Edgware Road A5 close to both the famous Brent Cross Shopping Centre and Staples Corner.

Apartment Breakdown:
Flat 1: 3 bedroom garden flat
Flat 2: 1 bedroom duplex with terrace
Flat 3: 1 bedroom
Flat 4: 1 bedroom
Flat 5: 1 bedroom
Flat 6: Studio
Flat 7: Studio

Total net saleable area is approximately 3,786sq.ft

Both demand and resale values in the area are strong.

Full documentation is available to download. Alternatively, for further information contact Nick Christoforou on 020 7644 2321

North London Site With Planning for Sale

London Property Investment from Overseas

2011-11-09T02:30:00.000-08:00

Nigerians bought £87 million worth of UK million-pound properties in 2010, according to a research report published by Hawker Beechcraft Corporation, HBC, a world- leading manufacturer of business, special mission and trainer aircraft.

The report indicates that the total value of the purchase represents about 29 percent of the total purchased by Africans who spent a whooping £305.2 million.

The total estimates spent by overseas buyers according to the report was put at N900 billion £3.75 billion for the million pound London properties, which is over 50 percent of million-pound property sales in London coming from non-UK nationals.

The report comes amid wide spread discontent on the pace of housing development in the country and the recent down turn in the nation’s housing sector with most property value nose diving following pervading credit crunch.

Analysts say the huge London million-pound property investment by Nigerians reflect capital flight which became obvious at the wake of uncertainties in the financial system, with investors seeking safe haven for their money.

HBC believes that the large number of foreign buyers of prime property in London has contributed to an increase in business flights to some of the region’s main business airports.

Indeed, its analysis reveals that between January and September this year the number of business flights to Biggin Hill, London City and Farnborough have increased by 46 percent, 38 percent and 34 percent respectively.

In terms of the largest number of foreign buyers in the capital by country, Russian nationals top the league having acquired an estimated 266 prime properties worth around £429 million last year.

On a regional level, Europeans (excluding UK nationals) accounted for around £1.57 billion of million-pound property purchases in London last year – some 974 properties. This was followed by nationals from Asia Pacific and the Middle East , with 640 and 298 properties purchased respectively. Africans purchased a total of 189 properties.

Sean McGeough, HBC president, Europe, Middle East and Africa, said, “As one of the most desirable cities in the world, it’s no surprise that London ’s property market is attracting a large number of overseas buyers. Given that many of these individuals lead busy lives and often travel a huge amount, this helps explain the rise in flights to London ’s business airports.”

Businessdayonline

Brondesbury Property for Sale

2011-11-08T02:29:00.000-08:00

Elstow Grange, 40-42 Brondesbury Park, Brondesbury Park, London, NW6

A three double bedroom flat, set on the first floor of this attractive purpose built block.

The block is situated within easy walking distance to Willesden Green Jubilee Line Station.

The property offers a spacious hall way, reception room , kitchen/diner with a full range of wall and base units, master bedroom , two further double bedrooms and a family bathroom.
Further benefits include great storage cupboards in the hall way, double glazing and communal gardens. The owner is currently in the process of extending the lease at no cost to the incoming purchaser.

Flat for Sale, Brondesbury Park

Shoot Up Hill Property for Sale

2011-11-07T08:52:00.000-08:00

North London Investment Property For Sale, Kilburn

2011-11-07T02:25:00.000-08:00

Property Investment for Sale, Quex Road

Douglas Court
Quex Road
Kilburn
London
NW6

GIA: 595 sq/ft*

£ 285,000
Leasehold

Douglas Court is an impressive mansion block located on the corner of Quex Road and West End Lane.

The property is close to a superb selection of shops, bars and restaurants in West Hampstead's West End Lane and Kilburn High Road. The nearest station Kilburn Station (National Rail), West Hampstead Underground Station (Jubilee Line) and for the motorist, the A5 provides access to routes out of London.

This one bedroom former porters flat measures approx 592sq.ft and is in need of total refurbishment.

Kilburn Investment Property for Sale

London Property News: Capital still buoyant despite national value falls

2011-11-06T06:51:00.000-08:00

Data released today from the Land Registry's House Price Index (HPI) shows that property prices in September suffered a 2.6 per cent decrease compared to the same month last year.

The monthly change from August to September was a decrease of 0.3 per cent, meaning the average property value in England and Wales now stands at £162,109.However, property owners in London will be pleased to know that the changes have not affected their values year-on-year.

The capital still remains England's housing hotbed, with average values still standing at 2.7 per cent more than they did last year. In fact, it's the only region that hasn't seen a decrease.

In terms of monthly changes the north-west saw an increase of one per cent but was still down 2.7 per cent on last year, making the average value £115,057.The area which has seen the biggest decreases is the north-east, experiencing an annual fall of 8.2 per cent and 3.9 per cent month-on-month.

In terms of individual property types, detached houses held their value best, dropping just 1.5 per cent. Semis fell by 2.9 per cent and terrace house and flats fell by 3.4 per cent and 2.4 per cent respectively.

The overall figures are in stark contrast to research conducted by financial website Moneysavingexpert.com earlier this month.The stats, which were published in the Guardian yesterday, have the national house value average £70,519 higher than the HPI estimate at £232,628.

In Yorkshire, for example, the Land Registry's average figure stands at £121,680, while Moneysavingexpert.com have it at £160,345.The most up-to-date figures available show that during July 2011, the number of completed house sales in England and Wales decreased by 11 per cent to 59,919 from 67,475 in July 2010.

The number of properties sold in England and Wales for over £1 million in July 2011 decreased by 24 per cent to 707 from 932 in July 2010.

London Property News

Commercial Property Sector Generates 3.5% GDP

2011-11-05T08:32:00.000-07:00

Commercial property adds more value to the UK economy than the banking sector, according to new research.

A property data report by the Property Industry Alliance claims that in excess of £46 billion is generated by the property sector each year, equivalent to 3.5 per cent of the UK's gross domestic product (GDP).

"From providing places for people to work, shop and play through to playing a major role in funding retirement, the property sector is a crucial cog in the UK economy," Sir Robert Finch, chairman of the Property Industry Alliance, stated.
"In legislating the government must be mindful of this."

The UK commercial property sector employs more than 800,000 workers, with more than 500,000 employed in the construction, development and building repair alone.

The value of commercial properties rose to an estimated £516 billion last year, meaning that it is now worth the equivalent of 25 per cent of the London Stock Exchange.

The Royal Institution of Chartered Surveyors stated recently that commercial property purchases had picked up in the first half of the year but demand fell back slightly in the quarter leading up to September.

Commercial property in London

Cricklewood Ground Floor flat for Sale

2011-11-04T03:12:00.000-07:00

Ash Grove, Cricklewood, London, NW2

A spacious two double bedroom ground floor garden flat set in a period building in Cricklewood.

The property is located within easy reach of Cricklewoods Thameslink station and the variety of shops and restaurants along Cricklewood Broadway.

The accommodation comprises of a 15' front facing master bedroom; 12' second double bedroom and a modern shower room. Further benefits include a 15' reception room and a modern 14' semi open plan kitchen with direct access to the 37' rear facing garden.

Ground Floor flat for Sale, Cricklewood

Landlord and Tenant News: West Midlands rivals London in buy-to-let stakes

2011-11-03T08:07:00.000-07:00

London isn't the UK's only hotbed of buy-to-let activity.According to new research by specialist mortgage provider Paragon, the West Midlands is outperforming the capital in terms of rental income.

A survey of almost 600 landlords found that rental properties around Birmingham, Wolverhampton, Coventry and Worcester generate an average yield of 7.35 per cent, compared to 7.32 per cent in outer London and 7.07 per cent in the South-West.
The research also found that student lets are still delivering the best yield with an average yield of 7.62 per cent.

Houses in Multiple Occupation (HMOs) are still performing well with the average returning 7.56 per cent, while private family lets brought in 6.57 per cent, followed by migrant workers at 6.53 per cent.

Nigel Terrington, chief executive of Paragon, believes the rise in rental income for West Midlands-based landlords is due to the regeneration of Birmingham city centre bringing many workers into the area.
He stated: “The area is a hub for manufacturing, has a strong professional services sector, is home to several large universities and is undergoing significant redevelopment, so therefore attracts a healthy mix of tenant types.

"The yield a rental property generates is a hugely important part of a landlord's business plan, as they give a good indication of how well the property is performing and the level of income it is providing."

The latest buy-to-let index from LSL Property Services recently revealed that landlords in all areas of England and Wales saw an increase in their rental income in September.

The figures are the largest since records began with the average rent rising by 0.7 per cent to reach £718, exceeding the previous high of £713 set in August
Overall this represents a 4.3 per cent increase on the same period last year.

And Greg Kinnear of Landlord Assist has estimated that ongoing rises in living expenses will prohibit people's ability to buy property, driving the rental market up further.

London Rental Property News

London Property News: Scheme offers affordable housing in London

2011-11-02T07:29:00.000-07:00

Affordable housing in London isn't as difficult to find as many people believe.
A number of new houses and apartments have been built in the city of late that offer a comfortable solution to first time buyers without breaking the bank.

With rising property prices and a lack of high LTV mortgages available, it's no surprise that the age of the average first time property buyer has shot up to 37.
But a new developments in Croydon and Hackbridge could be just the tonic for young people with ownership aspirations.

Builder Taylor Wimpey has started a scheme that allows buyers to purchase one of their own new build apartments with a deposit of as little as £8,500.

The scheme, entitled "FirstBuy", is backed by the government and incorporates a loan of 20 per cent from the Homes and Communities Agency (HCA) and Taylor Wimpey – which is to be repaid at the end of the mortgage term.

However, first time buyers may want to consider the few options for 95 per cent mortgages out there. At present Skipton Building Society, Yorkshire Bank and Clydesdale all offer products with just a five per cent deposit.

London Property Market News

South Hampstead Refurbished Apartment for Sale, Priory Road

2011-11-01T02:39:00.000-07:00

Priory Road, South Hampstead, London, NW6

A beautiful fully refurbished top floor (2nd) two bedroom two bathroom conversion within an imposing period semi detached house in the ever popular and much sought after South Hampstead conservation area.

Within the immediate vicinity are all the local amenities including the Jubilee, Thames Link and London Overground stations, local bus routes and a vast selection of bars, restaurants and local shops.

The accommodation comprises a stunning reception room with a double height ceiling, oak flooring, a luxury fitted kitchen to include a Bosch one and a half oven and dishwasher in addition to a fridge freezer and extensive areas of granite worktops, a luxury main bathroom and an additional en suite wet style shower room.

Additional features include some original fireplaces. The flat is finished to the highest of standards and we strongly suggest the earliest possible viewing to avoid disappointment.
View today!

North London property For Sale

Mapesbury Conservation Area Flat for Sale NW2

2011-10-31T04:31:00.000-07:00

Teignmouth Road, Mapesbury Conservation Area, London, NW2

A spacious ground floor three bedroom two bathroom conversion situated on the ever popular Mapesbury Conservation Estate within reach of Willesden Green zone 2 Jubilee underground station, 98 bus route into Central London and local shops and amenities along Walm Lane. Cricklewood and Kilburn train stations on the Thames link, London Overground and Jubilee lines are also available.

The flat is within a large imposing house and comprises a rear aspect reception room with door to the rear garden and an intercommunicating kitchen/diner/breakfast room.

In addition the flat offers two en-suite bathrooms, a guest cloakroom and a large private section of the rear garden with a detached garage via a very long driveway providing off road parking for multiple vehicles.

Viewing is highly recommended and this home is chain free so immediate occupation is possible

North London Flat for Sale, Mapesbury Conservation Area

London Commercial Property News: East London basks in hotel boom

2011-10-30T07:56:00.000-07:00

Fuelled largely by next summer's Olympic and Paralympic Games, the hotel market in East London is set for a boom.

With more than 500,000 extra tourists expected in 2012 the outlook for London's tourism industry is looking bright and especially confidence amongst hoteliers in the east of the city is sky rocketing.

PricewaterhouseCoopers (PWC) recently published a report on the hospitality market and highlighted the capital as the best performing city in Europe.

Coupled with the Olympics, the redevelopment of the Royal Albert Dock, the launch of Stratford's Westfield shopping centre and expansions of ExCel exhibition centre and London City Airport have helped further boost the east end's hotel trade.

Ray Withers, director of investment firm Property Frontiers, said: "The hotel market in London this year has been forecasted at near double digit growth while 2012 is expected to be a record breaking year for the hotel market".

A study published by Oxford Economics and the British Hospitality Association (BHA) recently estimated that growth in the hospitality sector will tens of thousands new jobs over the next five years.

Commercial Property News

West Hampstead Property for Sale NW6

2011-10-29T04:11:00.000-07:00

Dennington Park Road, West Hampstead, London, NW6

A superb two double bedroom, two bathroom conversion with sole use of a private garden (Approx 800 Sq Ft) in one of West Hampstead's finest roads only a few moments walk from the shops, cafes and three train stations making it a commuters delight!

This lovely home benefits from a 20' reception with wood floors which has access to a secluded garden, master bedroom with fitted wardrobes and a newly fitted en suite wet room with under floor heating, family bathroom, second 14' double bedroom, fully equipped kitchen with appliances and a share of the Freehold.

In our opinion two bed two bath garden flats in this location go under offer very quickly so an internal view is strongly advised. Book an appointment now.

West Hampstead Flat for Rent

Hackney Investment Property For Sale

2011-10-29T03:36:00.000-07:00

East London Investment Property For Sale

Hackney
Mare Street
Hackney
Greater London
E8

Net Saleable: 8363 sq/ft*

£ 1,050,000
Freehold

Mare Street is located in the heart of Hackney and is just moments from a fabulous range of local amenities while providing motorists with quick and easy access to the A1 road links out of London and to the North.

The nearest public transport is Bethnal Green (Central Line) and Hackney Central Station (National Rail).

The existing building comprises a ground floor retail unit (250sq.m) first floor ancillary space (100sq.m) and OSP to the side.

The consented scheme is for the erection of a part four, part three storey building consisting of ground floor A1 retail (190 sq.m) first floor B1 office and 8 residential units (6 x 1 bed, 1 x 2 bed and 1 x 3 bed) on first, second and third floors including refuse stores and cycle stores.

However the seller has submitted another application to incorporate an additional 3 bed apartment within a discreet glazed roof enclosure set back from the main facade on the 4th floor.

London Property for Sale

West Hampstead Apartment for Sale, Honeybourne Road

2011-10-28T05:55:00.000-07:00

Harvard Court, Honeybourne Road, West Hampstead, London, NW6

A fabulous garden level purpose built mansion flat in one of West Hampstead's finest roads with the rare feature of direct access to the communal gardens.

This flat benefits from a spacious reception room, master bedroom with an en suite shower room, family bathroom, three further bedrooms and a fitted kitchen diner with oven hob and hood.

This block is very popular and also benefits from well-kept communal gardens and a share of the Freehold.

North London Mansion Flat for Rent

North, South Property Divide

2011-10-28T04:16:00.000-07:00

Rightmove’s House Price Index for October 2011 today reveals that average asking prices in the South are now more than double those in the North.

Although the national average price increased 2.8% in the past month, this was driven by prices in the South (East Anglia, South East, South West and Greater London) increasing by 4.7% to now stand at £336,743. Prices in the North (East Midlands, West Midlands, Wales, North West, Yorks & Humber and North East) fell back -0.7% to £164,347, a difference of £172,396 and the largest ever North/South price divide.

Rightmove director Miles Shipside comments: “While those in the affluent south may have cause to celebrate their prices being well up on this time last year, prices in the north continue to go backwards, leaving the widest price gap ever. For the average asking price of a property in the south you could now buy two average properties in the north and still have enough change left to buy new carpets and curtains.”

Brondesbury Flat for Sale, Christchurch Avenue

2011-10-27T04:10:00.000-07:00

Christchurch Avenue, Brondesbury, London, NW6

A well presented two bedroom flat, set on the lower ground floor of a substantial red brick detached building.

The property is situated on one of Brondesbury's most popular tree lined roads and is only minutes walk from Kilburn Jubilee Line station and is also walking distance of West Hampstead and Queens Park.

The flat offers a 19ft bay fronted reception room with views over the garden, modern fitted kitchen with stainless steel oven and hob, great size bay fronted master bedroom, second double bedroom and a bathroom comprising a white three piece suite.
Further benefits include direct access to the communal gardens, off street parking on a first come first serve basis and wooden flooring in the reception room.

The owner is currently in the process of extending the lease, this will be at no cost to the incoming purchaser.

North London Property for Sale

Kensal Green Flat for Sale in New Development

2011-10-26T02:33:00.000-07:00

Harrow Road, Kensal Green, London, NW10

New development in Kensal Green - £285,000- £395,000 with a 10 year BLP building guarantee.

As Joint sole agents we offer this bespoke development of fourteen one and two bedroom flats, most with balconies and gardens and all benefitting from a very high specification.

The flats benefits from spacious receptions and entrance halls with wood floors, fully equipped kitchens with granite work surfaces, contemporary bathrooms, en suites to the master bedroom (in the two bed units) and a lift to all floors.

The block has landscaped communal gardens, video entry system and has the latest energy efficient heating and water systems.

The development is ideally located for Kensal Rise, Kensal Green, Queens Park, Ladbroke Grove and Notting Hill. Call now for an appointment.

West London Property for Sale £349,950 Leasehold

Brondesbury Studio Apartment for Sale

2011-10-25T01:55:00.000-07:00

Buckley Road, Brondesbury, London, NW6

A first floor rear facing studio apartment within a converted period house on the popular Brondesbury Conservation area. Within easy reach are all local amenities including the Kilburn Jubilee and Brondesbury London Overground stations, multiple bus routes into London and local restaurants, bars and shops.

The accommodation comprises of a studio room with kitchenette and a separate bathroom.

The flat requires updating but is offered with no upper chain. This would be ideal as a rental investment, pier de Terre or first home.

Call to view today!

Your attention is drawn to the fact that we have been unable to confirm whether certain items included with the property are in full working order.Any prospective purchaser must accept that the property is offered for sale on this basis.

Studio Apartment for Sale Brondesbury,London

East London's New Neighbourhood

2011-10-24T03:00:00.000-07:00

A Plan to create a new east London neighbourhood by transforming a 26-acre, semi-derelict area close the Olympic Park has been announced.

A total of 1,200 homes, 480,000 sq ft of offices, a 350-room hotel, restaurants and shops, in distinct zones linked by car-free walkways are proposed for land between Stratford High Street, the Three Mills Wall River and the River Lea waterways.

Developer Landprop, a subsidiary of the Inter IKEA Group, has purchased nine acres from the Olympic Park Legacy Company to bring the majority of the site under single ownership.

It promises the development will be family-orientated, with 40 per cent of the new homes having three bedrooms or more.

The first phase of development already has planning permission and the area known as Dane’s Yard will be the site of a 40 metre illuminated sculpture in a public square and a restaurant operated by Graysons.

The surrounding area will provide facilities aimed at creative industries and will include refurbished historic buildings.

Harald Müller, Landprop managing director, said: “We have the highest ambitions for Strand East.

“The development will be on a human scale with much of the site characterised by low density town houses and mews homes connected by beautiful public spaces consisting of courtyards and squares, making the most of the waterways which surround the site.”

Mayor of London Boris Johnson welcomed the proposals.

He said: “This is yet another great example of the 2012 legacy rippling out of the Olympic Park and across east London.

Freehold Property For Sale: London Property Investment is a Safe Bet

2011-10-24T02:57:00.000-07:00

Freehold Property For Sale: London Property Investment is a Safe Bet: Property in London continues to be a safe bet for investors as overseas demand is helping to keep the market stable, it has been revealed. ...

Mapesbury Conservation Area Leasehold Flat for Sale, North London

2011-10-24T02:09:00.000-07:00

Mapesbury Road, Mapesbury, London, NW2 £250,000 Leasehold

A bright and cosy top floor one double bedroom conversion set within a stunning corner Victorian property located in the heart of the Mapesbury Conservation Area.
The property benefits from a open plan reception, newly fitted kitchen with all appliances, fully tiled bathroom with shower attachment and wc and a large double bedroom.

North London Leasehold Flat for Sale

Brondesbury Duplex Apartment for Sale

2011-10-23T02:18:00.000-07:00

Chatsworth Road, Brondesbury, London, NW2

A superb duplex one double bedroom flat within a period semi detached house on the Brondesbury Conservation area borders just moments from Kilburn Jubilee and Brondesbury train stations, multiple bus routes and local shops and restaurants.

The accommodation comprises a reception/diner with oak wood flooring, a fitted separate kitchen and a three piece bathroom to the lower floor and a separate redecorated double bedroom to the upper half floor.

The flat also benefits from a communal garden and no upper chain.
The earliest possible viewing is advised.

Duplex Apartment for Sale Brondesbury

Shoot Up Hill Apartment for Sale NW2

2011-10-22T05:19:00.000-07:00

London Garden Square Property Top Choice for Gulf State Investors

2011-10-21T06:57:00.000-07:00

Garden squares are one of London's defining neighbourhood features, especially in Central London, reports Gulf News.

Garden squares are one of London's defining neighbourhood features, especially in Central London. The layout of the Georgian and Victorian squares has made a lasting contribution to the quality of life in London.

Their presence, combined with the quality and design of the residential properties that were developed around them at the time, has since proven that high-density (by today's standards) developments can also achieve high property values.

There are some 600 squares in London and a sixth of these are located in the Royal Borough of Kensington and Chelsea. Residential properties overlooking a garden square, especially a private one with shared access for the local residents, are known to attract premiums pushing values even higher in areas already at the top end of the London market.

Last year, the level of premiums achieved for flats sold in these squares compared to surrounding properties averaged 50 per cent, with Cleveland Square (Bayswater's premier square, where some properties have direct access to the communal gardens) attracting the highest premium of 62 per cent. With current sales in these squares well exceeding last year's prices, the premium commanded by property for sale in these enclaves looks set to rise further.

West Hampstead Apartment for Sale, Maygrove Road

2011-10-20T06:55:00.000-07:00

Maygrove Road, West Hampstead, London, NW6

An extremely spacious (1,193 sq ft) four double bedroom apartment set on the first floor of this modern purpose built live work development in central West Hampstead.

The property is situated within walking distance of West Hampstead's three stations and Kilburn's Jubilee and Silver Link Stations together with the variety of shops, bars and restaurants along West End Lane and Kilburn High Road.

The accommodation comprises of a spacious 19' reception room with an open plan kitchen area incorporating integral appliances and access to the fourth double bedroom; a bathroom incorporating a white three piece suite and three further double bedrooms.

Further benefits include wood floors throughout, secure off street parking via electronic gates, entryphone system, long lease and no upper chain.

There is also an opportunity to acquire the adjacent unit which could be incorporated making one whole unit of approximately 2,614 sq ft.

West Hampstead Apartment for Sale

Fixed Rate Mortgages at Low Rates for First Time Buyers

2011-10-19T05:21:00.000-07:00

People looking to buy flats & houses for sale London, should be researching the different types of UK mortgage deals currently available.

According to Ben Wilkie, editor at What Mortgage, the record low fixed-rate UK mortgage offers are almost as good as they seem, because such deals are set by how banks can borrow money, meaning they tend to borrow off the London interbank offered rate which is low at the moment.

"Also, there is a confidence issue that rates are going to stay low for a reasonable amount of time, so you are seeing very cheap two-year fixed-rates because banks assume that even if interest rates do rise, they are not going to rise by that much over the next two years," he pointed out.

Mr Wilkie also advised those buying properties to work out how much they will be paying in mortgage fees.

"The way to look at fees is to add the cost of the fee into the deal period," he explained.

First Time Property Buyers News

Kilburn Park Garden Flat for Sale

2011-10-18T04:54:00.000-07:00

Princess Road, Kilburn Park, London, NW6

A well presented two bedroom garden flat, set on the lower ground floor of an attractive semi detached property.

The building is situated with walking distance of Kilburn Park Baker Loo line station and Queens Park.

The flat offers a reception room with wooden flooring, modern fitted kitchen with fitted stainless steel oven and hob, master bedroom with large built in storage cupboard, second bedroom and a bathroom comprising of a modern white suite.

Further benefits include private rear garden, newly decorated, long lease and no upper chain.

Garden Flat for Sale, Kilburn

Chinese Investors have been Snapping up London Real Estate

2011-10-18T04:24:00.000-07:00

Chinese investors have been snapping up London property, with one-in-three buyers of newly built London homes coming from China and Hong Kong, according to one recent report.

London's Docklands was once the city's industrial heart and the world's largest port. Now property developers are looking to China to lift the area out of recession. They insist London is a safe bet in tough economic times- especially for Chinese investing for the long-term.

Ms Sherry Madera, from Mandarin web portal Luckywu.com, said: "London has picked up significantly and a lot of that is because foreign money is coming into it...The Chinese are following the likes of the Russian investors, and the Arabic investors who came previously, to bolster the London market. It's a safe haven, it's seen as a property market that is going to rise."

Ms Madera is so confident about the Chinese market, she has launched the world's first Mandarin web portal to attract Chinese investors - many of whom have never even visited London before putting down a deposit.

"Obviously, 5,000 miles away is a long way to come to look at a property, and you can't really see stocks or bonds, so in the same way you are looking at property as being an asset class. A lot of Chinese investors don't come and have a look around their property, they do it on the basis of yield," said Ms Madera.

Despite the optimism, it's hard to overlook the impact of the economic downturn on London's new building projects.

Property developers said ever since the financial crisis of 2008, it's been very hard to get development funding, and it's still a struggle today, which is why they are looking to China, where evidence of pre-sales can make it somewhat easier to persuade the banks to lend them the money (and) to build.

Because London is seen as an economical place to buy, Chinese investors are buying up whole floors, according to some developers here. But it's not just about the money. Mr Ian Cohen from City and Docklands said, "We are seeing a lot of Chinese... it's an area they like - it's fresh, it's new."

China is still an untapped market, but there are hopes recent changes to property legislation will make it easier for Chinese to buy property overseas.

Property investors said they are still banking on China.

Mr Cohen said, "They are shrewd buyers, they understand property in their own right. You can see it's becoming such a powerhouse, so as a company we are definitely looking to mainland China - 100 per cent." And London property developers insist the market is as buoyant as ever.

Channelnewsasia

London Commercial Property Market Popular with US Investors in 2011

2011-10-17T08:27:00.000-07:00

North American property buyers returned to the London real-estate market with gusto in the first half of 2011, but market watchers warn that their interest may not be enough to stop property values from falling in some areas.(reports the Wall Street Journal)

The U.K. commercial-property market has always been popular with foreign investors, and London is usually the hub of money inflows because of its size, liquidity and transparency. But North American investment fell off sharply in the recession of 2008 and 2009 as investors focused on the crisis in their home markets.

Investment picked up in the second half of 2010 and continued through the first half of this year. It isn't clear whether there will be much effect from the turmoil in European financial markets.

North American investors bought €3.07 billion ($4.19 billion) of property in Central London in the second half of 2010 and €1.88 billion in the first half of this year, compared with €173 million in all of 2008 and €1.56 billion in 2009, according to property-services company CB Richard Ellis.

This level of activity is still below that of the peak of the market in 2006 and 2007, when an average of €2.8 billion was invested on a six-month basis, said CB Richard Ellis associate director Iryna Pylypchuk. "However, those were exceptional levels, fueled by debt and not something to be repeated in the current equity-driven market," Ms. Pylypchuk said.

Non-European buyers have always been important for Europe. They invested €24 billion in commercial European real estate in 2010 and the first half of 2011. North American investors accounted for 55%, or €13.1 billion, of that, of which London received €5.1 billion, according to CB Richard Ellis. The majority of investment went into office buildings. The U.K. accounted for more than half of all European acquisitions by U.S. investors in the first half of 2011, CB Richard Ellis says.

Jubilee Line Flat for Sale; Investment Property for Sale

2011-10-17T02:41:00.000-07:00

Cricklewood Property for Sale

THIS IS AN IDEAL PROPERTY FOR AN INVESTOR!

A spacious (774 sq ft) three double bedroom ground floor flat set in an attractive semi-detached house on a corner plot on the borders of Kilburn and Cricklewood.
The property is situated within walking distance of Kilburn Jubilee Line Station and Cricklewood Thames Link Stations and the variety of shops and restaurants on Kilburn High Road and Cricklewood Broadway.

The accommodation comprises of a large entrance hall; two rear facing double bedrooms; a separate modern fitted kitchen and a bright 14' side facing reception room.

Further benefits include the third front facing double bedroom, a white three piece bathroom suite, share of freehold and no upper chain. The property is being sold with a tenant in situ currently paying £390 per week.

Fordwych Road, Cricklewood, London, NW2 £374,950 Share of Freehold

Childs Hill Apartment for Sale

2011-10-16T03:36:00.000-07:00

Vernon Court, Hendon Way, Childs Hill, London, NW2

A superb (981 sq ft) two double bedroom two bathroom apartment on the second floor within this well established period style block situated between Childs Hill and West Hampstead. 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. The superb accommodation comprises a large through reception/dining room, a fully fitted kitchen and a luxury bathroom in addition to a full en suite shower room. This home is offered with no upper chain and we strongly recommend the earliest possible viewing.

North London Apartment for Sale, Childs Hill

London Development Opportunity Close to Olympic Zone

2011-10-15T02:41:00.000-07:00

East London Site With Planning for Sale

Leyton
Church Road
London
Greater London
E10

£ 825,000
Freehold

This development opportunity can be found on Church Road at its junction with Oliver Road and is minutes from the Olympic Village and Olympic Zones.

A good range range of local ameninties and shops can be found on Leyton High Road, the nearest underground station is Leyton (Circle).

Planning permission has been granted for the redevelopment of this former public house to provide 9 luxury apartments by way of conversion and extension to the existing building.

Freehold Property Development for Sale with Planning

West Hampstead Apartment for Sale, Gondar Gardens

2011-10-14T03:43:00.000-07:00

Gondar Cottages, Gondar Gardens, West Hampstead, London, NW6 £534,950

A recently refurbished two bedroom garden flat, set on the ground floor of character detached property.

The building is situated within walking distance of West Hampstead's Thames Link, Silver Link and Jubilee Line Stations.

The property offers a reception room with wooden flooring and sunken cut outs in the wall for TV and surround sound system, dining room with wooden flooring, recently fitted kitchen with granite work surfaces and stainless steel oven and hob, 18 ft master bedroom with bay window, second double bedroom and a bathroom comprising of a contemporary bath, separate shower, basin and a separate W/C.

Further benefits include courtyard garden, 113 year lease, own front door and beautiful condition throughout.

Refurbished Leasehold (113 Years) London Flat for Sale

Brondesbury Park Flat for Sale

2011-10-13T03:29:00.000-07:00

Elstow Grange, 40-42 Brondesbury Park, Brondesbury Park, London, NW6

A well presented three double bedroom flat, set on the first floor of this attractive purpose built block.

The block is situated within easy walking distance to Willesden Green Jubilee Line Station.

The property offers a spacious hall way, reception room , kitchen/diner with a full range of wall and base units, master bedroom , two further double bedrooms and a family bathroom.
Further benefits include great storage cupboards in the hall way, double glazing and communal gardens. The owner is currently in the process of extending the lease at no cost to the incoming purchaser.

North London Property for Sale, Brondesbury

Refurbished Property for Sale; Brondesbury Duplex Apartment for Rent

2011-10-12T01:56:00.000-07:00

Refurbished Duplex Flat for Sale

A spacious (498 sq ft) one double bedroom duplex flat with a superb South West facing roof terrace and set in an attractive recently refurbished three storey period building in Brondesbury.

The property is located in a quiet tree lined street behind the Tricycle theatre in the Brondesbury Conservation Area and offers excellent access to the amenities of the Kilburn High Road, Kilburn Jubilee and Brondesbury/Brondesbury Park stations in addition to local bus routes.

The accommodation comprises a 14' front facing reception room with made to measure shutters and a feature fireplace; an open plan kitchen with space for a gas cooker, fridge, washing machine and dishwasher and a luxury modern fitted shower room with under floor heating, floor to ceiling tiles and access to the loft space.

Further benefits include a rear facing double bedroom with feature fireplace and fitted wardrobes, a stunning fully decked 19' roof terrace with power, entryphone system and no upper chain.

Callcott Road, Brondesbury, London, NW6

North London Property for Sale, Brondesbury

2011-10-11T03:22:00.000-07:00

Cavendish Road, Brondesbury, London, NW6

A stunning one bedroom flat, set on the ground floor of this impressive detached character property.

The property is situated on one of Brondesbury's most popular tree lined streets and is within walking distance to Kilburn Jubilee Line and Brondesbury over ground station.

The flat offers a South facing bay fronted reception room, modern fitted kitchen with a full range of fitted appliances, master bedroom with views over the mature gardens and a modern bathroom including stand alone shower.
Further benefits include off street parking, communal gardens and high ceilings. The owner has just extended the lease.

Brondesbury Property For Sale

Refurbished Studio Apartment for Sale in Queens Park, London NW6

2011-10-11T01:54:00.000-07:00

Hartland Road, Queens Park, London, NW6

A newly refurbished studio flat, set on the first floor of this recently redecorated two storey middle terrace period house in the heart of Queens Park.

The property is situated along a popular tree lined street just a short walk to the Bakerloo and overground stations at Queens Park and the plethora of local cafes, restaurants and shops along Salusbury road.

The accommodation comprises of the 15' rear facing double aspect studio room with wood floors; a separate modern fitted kitchen with an integral electric hob and oven, a fitted breakfast bar and a space for a washing machine.

Further benefits include a luxury fitted shower room with a heated towel rail and an extractor fan, double glazing, gas central heating, entryphone system and no upper chain.

The property has been completely refurbished and an early viewing is strongly advised to avoid disappointment.

Queens Park Studio Apartment for Sale

Shoot Up Hill Flat For Sale, West Hampstead Borders London NW2

2011-10-10T02:43:00.000-07:00

Templar House, Shoot Up Hill, West Hampstead Borders

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.

London Ex-Local Authority Flat for Sale

Earls Court or Battersea Could be New Home for Chelsea FC

2011-10-10T01:46:00.000-07:00

Chelsea are looking at relocating from Stamford Bridge in west London to possible sites in Battersea or Earls Court, in the hope of increasing attendances to more than 60,000.

But the club does not own the stadium andcannot do so unless it regains ownership of the stadium's pitch and stands which are owned by Chelsea Pitch Owners - formed in 1993 to prevent the ground being bought by property developers.

West Hampstead Apartment for Sale in Old School COnversion

2011-10-09T07:37:00.000-07:00

Linstead Street, West Hampstead, London, NW6

A spacious (1,114 sq ft) two/three bedroom two bathroom duplex apartment set on the ground and first floors of this superb Victorian former schoolhouse in West Hampstead.

The property is located close to all the local amenities and transport links including the Thames Link, Jubilee underground, local shops, cafes, bars and restaurants on the popular West End Lane.

The accommodation to the ground floor comprises of a large entrance hallway with solid wood floors, storage cupboards and a video entryphone system; a modern family bathroom with slate floor tiles, a double shower cubicle, wash hand basin, low level wc and a heated towel rail; second double bedroom with fitted wardrobes; a bright and spacious 18' reception with double vaulted ceiling heights, solid wood floors and made to measure shutters and a luxury modern open plan kitchen with integrated appliances and stone worktops/floor tiles.

The first floor accommodation comprises of a spacious 14' master bedroom; a separate dressing room; an ensuite bathroom comprising a white three piece suite and a heated towel rail and bedroom three/study with solid wood floors.

The development has been recently refurbished and also offers a lift, private gated parking and a porter.

West Hampstead Portered Apartment for Sale

Prime Residential Property in London 'holds its value'

2011-10-08T04:38:00.000-07:00

Britons seeking a potentially lucrative investment might wish to consider residential property in London, after it was revealed to have held its value in difficult circumstances, reports UK Business Property

London Central Portfolio has revealed that prices in the capital have risen in recent months, bucking the nationwide trend of declining values.

Indeed, some spots are particularly well off, with the boroughs of Kensington and Chelsea and the City of Westminster enjoying property price hikes of 26 per cent since February 2009.

"The world's super rich are viewing prime London residential property in much the same way as they do gold and there is limited supply of both," stated Naomi Heaton, chief executive officer at the organisation.

She added that there is significant demand from buyers in Hong Kong, Malaysia, Singapore, the Middle East and India.

Savills recently named London as one of ten worldwide locations that are particularly popular with billionaire property investors.