Location: Prime Central London
Why small is beautiful in the PCL rental market
Purely from a rental yield point of view, the highest performing property in Kensington and Chelsea is in fact the humble studio flat
Rare Fitzrovia development site sells for over £10m
The stripped-out former B1 offices on Bourlet Close went up for sale earlier this year
Rise of the Super-Suburbs: PCL prices to drop 6% this year as ‘burbs grow 5%
Hamptons International delivers updated forecast
Mayor Khan rolls out ‘Homes for Londoners’ team to look at developers’ viability assessments
New Homes for Londoners governance board will meet quarterly
Over Supply: PCL rental values hit hard as stock piles up
On an annual basis, values in Q2 were down by 4.3%, and by 8-10% in the upper price ranges
First-time buyers ‘dominate the property market’ in Prime London as the PCL price premium slips
Now the most common buyer type
Rents drop in PCL but rise in Outer Prime London
The average weekly rent across Prime London increased by 1.6% (to £638 per week) in Q2, says Marsh & Parsons, but there were markedly different stories in the centre of town and the outer circle.
UK house prices to fall by 1% next year says Countrywide
Firm is one of the first to release updated forecasts since the Brexit vote
Sky Gardens’ 29th floor up for over £8m
The whole of the 27th floor was being offered for a similar sum earlier this year
Currell expands eastwards with commercial acquisition
Agency has purchased 5,000 square foot space
Rutland Gardens house with Jane Churchill interior asks £13.8m
Designed originally as a coach house and stabling by Henry Clutton for Lady Ashburton in 1873
Russians row over landmark Battersea mansion
Once owned by the Forbes family, the Grade II listed Old Battersea House is reportedly about to hit the market