Location: London
‘Fit for a Dowager Duchess’: Mayfair flat pitched at £32k per month
This 4,291 sq ft duplex apartment on Upper Grosvenor Street was once home to Dowager Duchess Lady Eleanor Percy.
Holland Park locals given six months to ‘save’ Notting Hill Police Station for community use
A Holland Park landmark on Ladbroke Road is being marketed for sale by the Mayor’s Office of Policing & Crime.
Landmark Mayfair townhouse relisted at £11m
Gothic-style affair on Farm Street is a real one-off.
Mega Digs: Exploring London’s elite ‘basement belt’
London has seen "a normalisation of single-storey basements as the 21st-century version of the loft conversion," says Professor Burrows in a new study of the capital's "luxified troglodytism".
North West developer tees up £40m scheme in RBKC
Simon Ismail & Fred Done’s Salboy has acquired a prime site in the Earls Court regen zone.
Bumper H1 for Savills’ development land division
£1.25 billion worth of sites were transacted in the first six months of the year, 48% up on the three-year average, and there’s ‘no sign of a summer lull’
Trials begin for government-backed digital ID scheme
Centralised verification hub promises to significantly speed up the buying & selling process.
Prime London simmers down after record-breaking deal surge
Transaction volumes were 39% below the five-year average last month, reports LonRes, but ‘key metrics suggest the prime London markets are holding up well’.
Why the supply & demand imbalance will likely reach its peak this summer
The UK property market should start putting the distortions of the last 18 months behind it from the autumn, says Tom Bill
Prime London’s rental market ‘continues its journey back towards normality’
“The see-saw of high supply and low demand is tipping back the other way,” says Knight Frank. “Demand is coming from multiple sources and rental values are getting stronger as a result.”
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Deal Digest: 16 super-prime property sales from 2021 so far
As we learned last week, super-prime buyers were out in force in the first six months of the year, splurging nearly US$14 billion on homes in New York, Los Angeles, Hong Kong, London, Sydney, Singapore…