At Black Brick buying agency, we’re starting to see that whilst the property market in prime central London is getting up and running again, apartments without outdoor space are still unpopular.
Perhaps a reflection of the realisations we found during the pandemic, our Founder, Camilla Dell expanded on why there is currently not much market for premium London flats that lack outside space or garden areas, in a new piece for Estate Agent Today.
“Not all apartments are equal. We are seeing an upturn in demand for apartments, but buyers are far more discerning than before the pandemic. Outside space and proximity to a good local high street are top of buyers wish lists. We are seeing a very tough market for sellers of ex-rental stock located in older new builds, some with cladding issues and which are poorly located and without outside space. There is no market for them, no matter how cheap they become.”
Read more in the full article here.