£1,390,000
December 2017
Balham, SW12
British clients wanting to give their daughters their first step on the property ladder.
Our client instructed us to find her daughters their first London property. They were unsure whether to buy two separate or just one property, and whether to buy modernised or unmodernised. We showed them a number of options to help educate them on the market and what would work best. It was critical that the property be on a quiet residential street whilst still being close to shops and restaurants as well as being very close to the tube. It was also crucial that the property had two roughly equal sized bedrooms. We ended up securing a 4 bedroom terraced house on a prime residential road in Balham. The property was in excellent condition and the vendors were motivated.
Using our network of agents and our knowledge of the area we were able to preview a prime house before it was officially launched to the market that matched our clients criteria perfectly. This gave our client an opportunity to act quickly in a very competitive domestic market. We were able to secure the house below the asking price on the condition that no further viewings go ahead and it was removed from the market. We ended up securing the property for £724 per sq. foot whilst the going rate on this road for similar properties can be in excess of £800 per sq. foot.
We would be delighted to hear from you to discuss your own property requirements. For a non-obligatory consultation, please contact us.
