£4,000,000
November 2020
Chelsea, SW1X
Our Swiss client was looking for a London apartment for personal use. With children at school in the UK, they wanted a family apartment to use when visiting the city. Our client was not in a rush to buy and needed advice on the market, timing their transaction, and access to the best opportunities in their favoured areas of Chelsea, Knightsbridge & Belgravia.
We sourced a grand and spacious second floor lateral apartment situated in a quiet position, but only a few steps from Sloane Square. The building consists of only 12 large apartments and the flat itself comes with a share of freehold, a rarity for the area. Through our negotiation we then agreed a huge £500,000 discount from the asking price. Beyond the negotiation, we also introduced our clients to tried and tested third parties such as a specialist structural surveyor and design & build contractor.
We know the market intimately. The property was listed through a single-office boutique estate agent we have transacted with in the past. As a result we were the first to be made aware of it. We negotiated strongly, taking advantage of the current lack of overseas buyers in London and achieved an impressive 12% discount from the asking price for a rare asset. We made sure our client had all the necessary comparable sales data and advice, in order for them to make an informed decision prior to submitting the offer.
We would be delighted to hear from you to discuss your own property requirements. For a non-obligatory consultation, please contact us.
