Location: London
Cadogan Estate value drops £795m
300-year-old property empire Cadogan valued its swathe of Chelsea at £4.8 billion in 2020, £795 million less than before the pandemic.
Fire-damaged house in Wimbledon listed at £5m
5,000 square foot property on Drax Avenue was gutted by a blaze in 2018.
How London’s top design studios are finding the right work-life balance for a post-Covid world
With input from some PCL’s best-known super-prime designers, recruitment specialist Jason Bailey looks at how studios are managing the balance of working from home and the return to office life……
Is this the cheapest flat in PCL?
Unmod short-lease proposition in Chelsea is guided at just £40k
PCL is a buying opportunity at the moment – Black Brick
Window could last for another six to twelve months, says Mayfair agency.
Investors lose taste for buy-to-let
After hitting a five-year high in February, landlord purchases in May fell back to the record low levels seen in 2019.
Investors pick up Mayfair hotel & apartment block
Bain and Orka have acquired the 72-room Park Lane Mews Hotel and 17 adjacent residential units on Stanhope Row, just behind the Park Lane Hilton.
Rare Portland Place mansion goes to best bids
Overseas buyer snaffles grand Grade II* townhouse on one of the capital’s most famous thoroughfares.
FaceTime buyer picks up Knightsbridge development opp
Trevor Square townhouse with tonnes of potential was asking £4.25m.
‘Incredibly rare’ trophy asset comes to market in Kensington for £50 million
“It is incredibly rare for an unbroken freehold block of this scale and stature to become available in such a prime location," says Knight Frank of Allen House, which offers the prospect of a significant…
Market boom boosts agents’ earnings
While average commission rates have dipped slightly over the last year, the average take-home fee has risen by up to 9.5% in some parts of the country.
‘Race for space’ still fuelling prime regional markets, but mind the widening expectation gap
‘Whichever way you look at it, the past year has been about buyers with the means to do so looking for more space both inside and out, and their willingness to pay a high price for that space,’ says…