Friends/colleagues have told me having experienced the investment market just how frustrating it can be but I wanted to see for myself, and having done this now for several months they are not entirely wrong.
I have found myself on more than one occasion getting quite carried away with high expectations, only to come crashing down again a few days later. Being 'close' to securing a deal means little, and on so many occasions I have come that close to agreeing some major business-BUT be it one reason or another things have not gelled together.
In the investment market its all about 'delivery' and on so many occasions failure to deliver has resulted in unhappy clients who quite quickly lose faith in your ability and inevitably go elsewhere.
I have had several examples of this in the last few weeks including a major multi million pound land deal which had it happened would have set my company up nicely-but failure to deliver plus an abundance of unnecessary red tape prevented this from happening.
More and more investment deals are being received including some excellent opportunities in the Kensington and Knightsbridge areas like an off market three bedroom two bathroom 3rd floor purpose built apartment in a secure private road in the heart of the area and where offers over £2m are being considered, or a portfolio of four luxury 2 and 3 bedroom apartments offers in excess of £4.4m.
We have also received a very attractive one bedroom ground floor flat in Camden, London, few minutes from the station for under £300k.
Plenty of land enquiries are being received with or without planning and in the London, Sussex and Surrey areas for multiple residential developments.
I visited an amazing Penthouse apartment in South Kensington recently just like something out of an 'Ideal home' magazine and featuring a 360 degree roof terrace with magnificent views over London, and all for less than £5m.
An interesting opportunity has become available near my home in West Sussex, its a badly fire damaged 4/5 bedroom detached house in a great semi rural location and offering someone an ideal opportunity to redevelop-offers over £200k are invited. In the same area we have an excellent buy to let opportunity coming up for marketing in the region of £150k.
If you would like further information on any of those properties mentioned please call us on 01342 53 77 53 or e mail to; terry@terrycarrresidential.co.uk
Saturday, 10 November 2012
Thursday, 1 November 2012
Prime opportunities
With no shortage of opportunities becoming available, offers coming in and deals being done!
Several new residential portfolios have been received including one in St Johns Wood London, and the other one in Crouch End. Both include a number of self contained apartments from Studios to luxury 3 bedroom flats and priced from £1.4m.
A portfolio of SEVEN London hotels has also become available and this represents quite a unique opportunity to grow existing businesses.
Land opportunities are also in abundance including several in north London with planning for multiple residential/ commercial development and a very interesting cleared site in Sheffield with planning for 45 apartments, and asking £950,000.
A rare opportunity has become available in North west London with two adjoining period properties creating enormous potential for development, use as HMO's, conversion in to several luxury apartments (2 beds selling in the area for £500k) or refurbishing in to 2 very desirable 5 bedroom family residences each circa 2000 sq ft.
Plenty of new enquiries are being received and we are still in need of a private members club in central London with clients prepared to pay up to £10m for the right opportunity.
HMO's are also in good demand as is land with or without planning in Surrey, Sussex and London. Commercial buildings with potential residential use are also being sought along with properties producing yields in excess of 5% and located in prime London areas.
If you would like further information on any of those properties discussed in this blog please call us on 01342 53 77 53 or e mail to; terry@terrycarrresidential.co.uk
Several new residential portfolios have been received including one in St Johns Wood London, and the other one in Crouch End. Both include a number of self contained apartments from Studios to luxury 3 bedroom flats and priced from £1.4m.
A portfolio of SEVEN London hotels has also become available and this represents quite a unique opportunity to grow existing businesses.
Land opportunities are also in abundance including several in north London with planning for multiple residential/ commercial development and a very interesting cleared site in Sheffield with planning for 45 apartments, and asking £950,000.
A rare opportunity has become available in North west London with two adjoining period properties creating enormous potential for development, use as HMO's, conversion in to several luxury apartments (2 beds selling in the area for £500k) or refurbishing in to 2 very desirable 5 bedroom family residences each circa 2000 sq ft.
Plenty of new enquiries are being received and we are still in need of a private members club in central London with clients prepared to pay up to £10m for the right opportunity.
HMO's are also in good demand as is land with or without planning in Surrey, Sussex and London. Commercial buildings with potential residential use are also being sought along with properties producing yields in excess of 5% and located in prime London areas.
If you would like further information on any of those properties discussed in this blog please call us on 01342 53 77 53 or e mail to; terry@terrycarrresidential.co.uk
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