Good Saving Market Knowledge Buying

Dennington Park Road

We know London. Our vast and intimate knowledge of the whole of London and the styles of property within each area mean we are able to knowledgeably guide our clients to areas which meet their needs.

Price
£1.225m
Date Sourced
May 2017
Service
Buying
Result
Good Saving, Market Knowledge

The Brief

European clients looking for a pied a Terre period apartment in London, which could also be used by their son whilst at university.

The Challenge

Our clients were very open on location, but wanted the apartment to have at least two bedrooms, be in a safe area very close to a high street and a tube station. They had a budget of £1.3m.

What We Did

We secured an excellent conversion of a Victorian end of terraced house in West Hampstead with three bedrooms, within three minutes’ walk of the high Street and two stations (overground and underground). The apartment was in reasonable condition and was perfect for the clients’ son to move into, but also has potential to make improvements and add value over time. The property was on the market with an asking price of £1,2950,000. We successfully negotiated the price down to £1,222,500, saving our clients £72,5000. This equated to a very reasonable £836 per square foot. Flats in the area regularly sell for in excess of £950 per square foot.

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