Prime Central London flats offer ‘investment opportunities’ as rental yields jump – LCP
"As the PCL market begins to pick up momentum there is still a degree of discrepancy between the performance of houses and flats," says LCP boss Andrew Weir - "pointing towards the investment opportunities within the flats sector."
Prime Central London ‘stirs into life’ after two quiet years
"Prime Central London is now moving back into the spotlight," says Knight Frank. "The fact prices have been falling for six years helps."
Private rental stock has dropped by half since 2019 as landlords exit the market
Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.
Prime London Market Snapshot: Tight supply & returning demand push prices & rents up in PCL
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
Most read
Mayfair mansion with ‘enormous potential for development’ pitched at £16.5mn
22 Park Street is currently set up as offices, but proposals are in play to return the red-brick townhouse in the heart of Mayfair village to private residential use.
Media headlines ‘are not aligned’ with PCL property market reality, says buying agent
'Buyers are feeling overwhelmed by news reports and headlines, which are often not fully reflective of the experience many of them are having on the ground,' says Jo Eccles of Eccord.
Studio Indigo appoints new head of brand & business development
Daniella Perez Herrera has been managing marketing & comms for the luxury design practice for the last five years.
Obbard delivers luxury St James’s rental scheme for Berry Bros & Rudd
Residents at the newly-converted No.1 St James's will be able to call on a personal wine concierge, and drink in the views of St James's Palace...
London’s major new-build schemes defy gloom as sales surge
The developers behind some of London's biggest projects have been bringing forward phases to meet demand.
HNW Hotspots: Where the world’s wealthiest are looking to buy homes in 2023
London, New York & Dubai lead the way for HNWI home-buying intentions, reports Knight Frank.
Architects appointed for Earls Court development’s first phase, delivering up to 1,300 new homes
Three architecture teams have been appointed to accelerate the delivery of the first phase of the ambitious Earls Court regeneration project: Sheppard Robson with Serie Architects and dRMM; Haworth Tompkins …
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
LATEST ARTICLES
Before & After: Inside the transformation of a classic Mayfair apartment
The revamp of an unmod period piece in Upper Feilde, previously in the same hands for half a century, has set a new benchmark for the well-regarded building on Park Street.
NLA unveils new home for London’s built environment community
New London Architecture's 'London Centre' will open in the the City of London's Guildhall next year.
Dominvs Group appoints former Berkeley Exec as a Non-Exec Director
Sean Ellis was previously Executive Director of housebuilding giant Berkeley Group.
Gove gives up on mandatory housebuilding targets
Planning reform is once again causing headaches for a Prime Minister.
Christie’s targets Caribbean expansion
Newly-formed ‘network within a network’ is aiming to hit annual sales of £1.5bn across the region.