Friday, 14 March 2014

The sun is out and activity levels are high as we quickly approach the Spring months, historically our busiest time of the year.

Demand from overseas investors is particularly high, with the UK economy on the up, and recognition that capital growth in the UK remains high.

I had an e mail yesterday from a US international global property investor looking to buy prime London 5 star hotels up to £100m, and luckily we currently have several in superb locations and hope that business may result.

I have retained clients looking to buy properties in London suiting conversion to flats, and with a budget of £5m we are confident that this requirement will be met.
We still have a number of interesting development opportunities both north and south of the river, and with both being sold with the benefit of planning. We also have an interesting development opportunity approximately 200 miles up the M1 in Sheffield, with planning for 1 and 2 bedroom apartments, available at the reduced price of £500k.

In central London, overlooking Hyde Park we have an unmodernised 3 bed 3 bath apartment, just over 2000 sq ft available for just over £3m and occupying a virtually unrivalled prime London position. It is felt that once the existing lease of approximately 35 years is extended, and the flat refurbished to a high specification it could realize circa £5m.

Several other central London properties (end users) have reached us this week including a 7 storey mews house by Hyde Park for £50m, a 6 bedroom Town house in Knightsbridge, over 6 floors, 4607 sq ft for £12m and a spacious lateral apartment in Mayfair, 3 beds 3 baths for £5m.

With demand currently so high we have demand for the following, and if anyone can assist please either call Terry Carr on 07879 475019, or e mail details to;
terrycarr1953@googlemail.com

Land with or without planning, London, Surrey and Sussex
Commercial buildings with residential potential
Mixed use opportunities
Ground Rents
Blocks of Flats
Off market London Hotels



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