£2.2 million
October 2016
South Bank SE1
Our Client
An English buyer
The Challenge
Our British clients whose main residence is in the countryside wanted to take advantage of the slowdown in the Central London sales market and uncertainty around Brexit to find themselves a lovely pied a terre for their future use and stays in London. South Bank was a location that worked well for them logistically and also benefits from a wide range of restaurants, theatre and nightlife . Their brief was for a three bedroom apartment in a secure building within walking distance of Waterloo station. We set about an analysis of all the potential property for sale that suited their requirements in the area, with a particular focus on new builds.
The Perfect Conclusion
South Bank Tower is a development that had all the features our clients required; a 24 hour concierge service, private roof terrace business suite, swimming pool, steam room, sauna and gymnasium. We identified a 3 bedroom apartment on the 24th floor with stunning views over the River Thames and the City. Knowing the developer was keen to sell, we negotiated aggressively saving our clients £550,000 from the £2.75m asking price, a saving of 20%. Subsequently our clients paid circa £1,600 per square foot in a building where exactly the same size units have sold for in excess £2,100 and £2,300 per square foot previously
We would be delighted to hear from you to discuss your own property requirements. For a non-obligatory consultation, please contact us.
