Chelsea Harbour | SW10
Property Search in Central London
Property Type: Apartment
Guide Price: £1.5m
The Brief: Identify an undervalued postcode and produce a property in need of renovation with a reasonable margin for-profit and potential for a good uplift in value through refurbishment. The property search in central London was for a client based in Thailand looking for a pied-a-terre in a building with a good porter service and parking.
The Solution: We found a neglected apartment, owned by a premier league footballer, located in an unfashionable, yet smart development on the river. We felt the building had the potential to benefit from a surge in interest in River located properties, due to strong prices being achieved in other local developments – such as Imperial Wharf. Furthermore, the property had a fantastic river-facing terrace and required a light, mostly cosmetic renovation. The property served it’s purpose admirably and sold a few years later for a healthy profit.
What's your property search brief?
Email us your property brief and let us help you find your ideal property.
London Property Market News & Insights
What will happen to house prices once the stamp duty holiday ends? More people are wondering what the end of the 2021 stamp duty holiday will mean for UK property. I was recently asked to provide my opinions on a series of questions posed by a property market...
In November 2020, I was asked a series of questions about prospects for our housing market in the near future. The questions and my responses are below: 1. Are house prices expected to fall? If so, when? It is difficult to lump all houses into one homogenous group and...
Coronavirus and the property market in London. 2020 has been a fascinating year so far for the property industry in the prime areas of central London. Most central London based Estate Agents were in good spirits earlier this year after a so-called "Boris bounce"...