Location: London
Mayfair set to breach £6,000 psf this year as Indian investors drive the market up
NW8-based boutique agency Rescorp Residential has netted a £5,000 psf sale on South Audley Street W1, and predicts that Mayfair prices will breach £6,000 psf by the end of the year as Indian investors move in.
In
Full Frontal: HNW tenants pay £200k up-front in ‘frenzied’ PCL rental market
One in five new tenancies in prime central London is being let with six-to-12 months' rent - typically around the £200,000 mark (including deposit but excluding letting agent's fees) - being paid up-front, wi…
International consortium snaps up £1bn Bankside scheme
A £300m+ deal has just gone down on London's South Bank.
Luxury developer buys former Unite offices for £25m
The former offices of the trade union Unite in West London are to be turned into luxury flats
Opportunity Knocking: ‘Act now’ if you want a great deal in prime central London
Those able to move quickly may get a property that will look very good value in just a few months, says buying agent Nathalie Hirst..
A Man Of Property: How Thomas Cromwell became London’s first property developer
From a smithy cottage in the 'lawless' village of Putney to a portfolio stretching the length and breadth of the country, Amy Cole explains how the son of a blacksmith developed his way to a vast property empire via…
Prime regional markets look up as town trumps country living
"The medium term outlook for the prime markets beyond London is much brighter than current market conditions would indicate," says Savills' Lucian Cook, regardless of whether a mansion tax is brought in…
Prime Property of the Week: Would You Adam & Eve It?
Adam & Eve Mews, Kensington
£4.7m
A rather unusual proposition has just come up on this cracking little mews just off High Street Kensington.
T
Is the government quietly dropping office-to-resi Permitted Development Rights?
The latest version of the Town and Country Planning Order includes a notable omission: The anticipated three-year extension to Permitted Development Rights which allow the conversion of office space into …
Design For Life: London School of Architecture opens
After years of planning, the London School of Architecture has opened for applications.
Sales volumes slip; prices rise – Land Registry
The number of £1m+ property sales has fallen by 4% compared to the same time last year - significantly less than the 11% drop in overall transactions - while average house prices have risen by 6.
£75m Off: £100m Bishops Avenue mansion ‘sells for knock-down £25m’
Heath Hall, dubbed "the most expensive house listed on the open market" when it came on for £100m back in 2011, has apparently just been sold for £25m.
Th