London Property South June 2018 by TypeStart Ltd

LONDON PROPERTY

HOUSE & HOME

JUNE 2018

SUPER PRIMELETS Prestigious riverside living

NEW HOMES TREND

Lock-up-and-leave

Top marks Schooling key factor in house purchase South Cover.indd 1

COUNTRY from page 101

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The flat with the park views.

York Mansions, Battersea SW11 • Located in a popular Victorian mansion block • Only mansion block on the road with a lift • Direct views on to Battersea Park from reception room Prince of Wales Drive will benefit from the uplift of the Nine Elms regeneration and proposed tube station, as well as being a short walk to both Clapham Junction mainline station and Sloane Square for the District line underground.

Our Battersea expert, Kris Ericsson, looks forward to helping you. kris.ericsson@knightfrank.com 020 3641 5936 07717 346334

knightfrank.co.uk Connecting people & property, perfectly. Guide price £2,175,000 Share of freehold

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The one overlooking the Common.

Windmill Drive, Clapham SW4 • A stylish and charming cottage in the heart of Clapham • Two bedrooms opening on to a south facing roof terrace • Fantastic ceiling height throughout creates an airy feel Windmill Drive is enviably located off Clapham Common South Side, offering direct access to the large open green space of the Common. The property is served by the many varied shops, restaurants and bars of Abbeville Village, Clapham Old Town and Clapham High Street.

Our Clapham expert, Robert French, looks forward to helping you. robert.french@knightfrank.com 020 3667 6753 07771 942932

knightfrank.co.uk Connecting people & property, perfectly.

Guide price £1,250,000 Share of freehold 3

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LONDON PROPERTY

PUBLISHING Publishing Director Alison Hurcombe 07718 982736, ahurcombe@londonpropertysouth.co.uk

Independent letting agents with a difference

EDITOR Jane Stevens, a journalist who has worked for many national and regional magazines, has been a stylist, writer and editor covering a diverse range of subjects including fashion, food, travel, interiors and property. jstevens@londonpropertysouth.co.uk DESIGN & PRODUCTION TypeStart southpr@typestart.co.uk • www.typestart.co.uk SUBSCRIPTIONS info@londonpropertysouth.co.uk HEAD OFFICE The Studio, 370 Old York Road, London SW18 1SP CONTRIBUTORS

Bennerley Road, SW11 £420 per week A lovely two bedroom flat located off Northcote Road and close to Clapham Junction. The flat has a spacious reception room, separate kitchen, one double bedroom with an ensuite shower room, a second double bedroom and one bathroom. EPC – E Battersea Office 020 7978 4404

Jenny Knight is an award-winning journalist, specialising in property and education. During her long career she has written news and features for nearly every national paper.

Duncan Farmer is an experienced journalist specialising in finance, business and property. Duncan writes for a wide range of newspapers including the Daily Telegraph, Sunday Times and Mail on Sunday. See his Finance report.

London Property South is a monthly magazine distributed to AB homes in: Battersea, Wandsworth, Earlsfield, Southfields, Streatham, Clapham, Balham, Tooting, Kennington, Putney, Wimbledon, Coombe Hill, Barnes, Dulwich Village, East/ West Dulwich, Camberwell, Herne Hill, as well as being available from leading South London and Country estate agents. Distribution by Regal. Copyright @ 2015 London Property South. All rights reserved. Reproduction in whole or in part without written permission is strictly prohibited. Materials are accepted on the understanding that no liability is incurred for safe custody. All prices are correct at time of going to press, but are subject to change. London Property South cannot be responsible for unsolicited material.

@LPropertySouth Follow us in Twitter to get the heads up on everything property!

Haverhill Road, SW12 £350 per week A spacious one bedroom ground floor flat within walking distance of Balham station and amenities. The flat comprises of one reception room, a kitchen breakfast room with doors leading out to the rear garden, one double bedroom and one bathroom. EPC - E Balham Office 020 8675 5050

Letting and managing properties locally since 1993 Offices in Balham, Battersea, Clapham and Earlsfield

www.palacegatelettings.com

Facebook.com/LondonPropertySouth Like us on Facebook and follow our property news, views and inspiration for homes and modern living @LondonPropertySouth See our brilliant instagram page for a pick of the best posts from South London www.londonpropertysouth.co.uk Missed a copy of the magazine? Keep up to date with South London’s Prime property on the London Property South website

ONTHECOVER Marketed by Carter Jonas carterjonas.co.uk Photography by Tom Wright www.penguinseggphoto.com

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Inside

JUNE 2018

NEWS & VIEWS

10 Home Front. Value for money is still driving the North to South migration, says Jenny Knight 10 Kitchen Glory. Ample space, ample storage in a well appointed Wandsworth kitchen 11 The Word. Matthew Smith wonders whether the buyer/ seller market is shifting to a more even keel 17 The Profile. Rebecca Jane Higgins celebrates 10 years at Knight Frank 20 Heads-up. Agents jump to give, making Wandsworth more wonderful and a Coombe appointment 21 Word on the Street. Are you finding that millionpound houses are still popular despite Brexit? 24 Secret Agent. Harry Anthony of Knight Frank revealed

40 Spotlight on Southfields. The living is good in SW18 50 Money Matters. Duncan Farmer says be prepared as mortgage rates will rise – eventually 52 What’s On – the best things to do around SOUTH 61 School Report. Austin Thorogood considers catchment areas 90 Week in the Life of an Agent. Felicity Blair of Roy Brooks

HOME

8 SOUTH Loves. Our wish list 26 The Trend. Here comes the sun! 27 So SOUTH. The brightest outdoor lighting 30 Growing Concerns. Gardening and gardens

INSTA GALLERY @LondonPropertySouth

36 31 Pick of the Paperbacks. Six of the best

ON THE MARKET

22 Home Compare. Cool pools 33 EXCLUSIVE. Three properties set to impress 44 NEW HOMES. Alexa Peters of Savills introduces a rare find in SW6 64 South West London. Desirable houses in Wimbledon, Between the Commons and Putney 65 Robert Holmes Wimbledon. Four stylish new homes in Wimbledon 69 Robert Holmes Coombe. Superb family home on a private estate 78 South West London. Good looking houses in Wandsworth and Barnes

Daredevil Sam made the leap of faith for the Rainbow Trust Children’s charity and raised over £1,500 (Sam is pictured on the left with Hank)- Lets help him raise some more for the families the trust supports www.virginmoneygiving. com/samsprostonskydive #knightfrank #wandsworth #childrenscharity #rainbowtrust #wandsworth

91 South East London. An elegant family home in Forest Hill and a project in Herne Hill 98 Super Prime Lets. An immaculate apartment with river views 99 Lettings. Charming rentals in Putney and Bellevue 100 Luxe Lettings. Two impressive lets – one by the river, the other lakeside

COUNTRY

102 An historic Grade II listed family home in Ripley Village 104 A charming period home in a Northamptonshire village 106 A dream second home in a Cotswold town

FINALLY

113 Last Word. Jasper Colliver, Head of Savills Wandsworth, has the final say

Not long to wait until the Chelsea Flower show! One of the pinnacles of the British event CalendarBegins 22nd May #chelseaflowershow #rhschelsea #flowershow #garden #showgarden #london

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SOUTH LOVES... SEEIT. SHOPIT. DOIT.

GAMEON Chesterton’s Polo In The Park returns to Hurlingham Park in Fulham from Friday, June 8 to Sunday, June 10 for the biggest polo tournament in Europe with teams representing six different cities from around the world competing over three days. Each day brings a minimum of three games of polo and on the Friday there’s an England International match. www.polointheparklondon.com

SHOWYOUR METAL

Searching for a special pillow or cushion, a superb selection of bedding, towelling robes in a rainbow of colours – and so many other things for the home? Then Dunelm should be a go-to. It might surprise you. There are more than 160 stores nationwide.

Corten steel – that rusty orange metal so popular with architects – gives extra colour and dimension outdoors. New Zealand designer Lisa Turley’s collection of garden birds (70cm high) are designed to be pushed into the ground or a plant pot. Set of three, £108.67.

www.dunelm.com

www.lisasarah.com

WARESITAT

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UPINLIGHTS Outstanding illumination for a contemporary home from French online design and lighting store. Lampadaire d’extérieur, Spillo blanc, £433.11 each. www.nedgis.com

THE HIGH LIFE New to Downtown Dubai, The 118 is the city’s most luxurious residential skyscraper. From UAE-based Signature Developers, 118 provides 28 desirable, lateral residences in an elegant glass and stone-faced residential skyscraper, complete with concierge and lifestyle amenities. Prices range from £4.55 million to £5.3 million. The penthouses are priced at £10.73 million and £11.875 million. The 118 London Sales Office 020 7529 5560. www.wetherell.co.uk

SUNNY DELIGHT With all the panache of an Ascot hat, this garden parasol, designed by Mark Gabbertas for Sywawa Belgium, could outshine all the blooms in your garden. In various colours, all with a black interior. Sywaha Tahiti parasol, £1,990. www.gomodern.co.uk

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HOME FRONT

y and large that has all changed now, although Robert French of Knight Frank Clapham says: “There is still a certain amount of the attitude that South London is not as attractive as north and central London, but it is an increasingly old fashioned point of view. The migration of white-collar workers completely changed the area: that and all the amenities that followed them. “Looking back 10 or 15 years ago who would have thought that there would be Knight Frank offices in Clapham and Dulwich and that Knight Frank would be selling flats in Peckham. “The huge migration north to south started in search of better value and as a result prices were driven up as more and more people looked to buy here. Yet, this difference in value still exists. In some cases you would pay double for the same property north of the river so for people looking for a big family house with five or six bedrooms and a good garden the opportunities south of the river in Wandsworth or Dulwich are incredible. Similar houses that Knight Frank has on sale in Hampstead or around Regents Park are going for £45 million, which demonstrates what good value south London offers.” Among the wonders of south of the river are the masses of green spaces, including parks and commons. In the south west there are the huge expanses of Richmond Park, with deer roaming free and horse riding, then there is Wimbledon

common where visitors regularly lose themselves, over to the east where Peckham Rye and Sydenham Hill wood provide green lungs. Robert adds: “If you look on a map the green spaces look very similar but they all have different identities. Clapham Common has lots of sports and is probably one of the busiest green spaces in South London. On a hot day you can hardly see the grass, while Wandsworth Common is more for dog walkers and people pushing pushchairs or entertaining small children. Battersea Park has the river and formal flowerbeds and is quite grand. “Green spaces are a great attraction and you can normally expect to pay more for a house that backs onto a park or common.” This green space premium is particularly marked because it is often the grandest period houses in the area which line the commons. Those with sizeable rear gardens that back onto a common are especially desirable.

©Stephen Lovekin/Variety/REX/Shutterstock

There was a time when black cab drivers refused to go south of the river and north Londoners made jokes about ‘sarf” London. For the smug northerners South London was a sort of badlands populated by retired gangsters from the Richardson Gang, says Jenny Knight

HOMES

obert De Niro, 74, may be best known for films like Taxi Driver, Godfather 2 and Goodfellas but he is also an entrepreneur with a string of hotels and restaurants around the world which he has added to since the 1990s. His latest venture brought De Niro to Shoreditch recently for it’s opening. He’s no stranger to the East End having bought a loft apartment for £750,00 at The Jam Factory in Green Walk, Southwark in 2001(the development was converted from conserve maker Hartley’s plant). The two bedroom open-plan apartment has floor-toceiling windows and 360 degree views over London – St Paul’s, the London Eye, The Shard and Tower Bridge – from its roof terrace. £1,595,000 www.sellmyhome.co.uk

his superb six bedroom family home overlooking Wandsworth Common and within the popular ‘Toast Rack’ has a magnificent open plan kitchen/family/ dining room overlooking a beautifully maintained garden. The Harvey Jones kitchen is particularly well appointed with a feature island which is cleverly designed to provide ample storage and quality integrated appliances, including a Britannia hob/oven and a Neff microwave oven as well as a separate wine fridge. Sliding wide glass doors extend the dining/seating area onto a glorious 79ft south-facing garden with large patio and lawn. There is also a useful utility room and pantry cupboard to the rear of the kitchen and a guest cloakroom on this floor. Dorlcote Road, SW18, £3,400,000, Savills Clapham 020 8673 4111

KITCHENGLORY KITCHEN

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THE WORD Matthew Smith, Partner and Oﬃce Head, Knight Frank Riverside wonders whether the buyer/ seller market is shifting to a more even keel

eing fortunate enough to cover a linear area spanning Hammersmith Bridge to Tower Bridge, I have the great advantage of a massive range of property, local amenities and attractions. With this comes a distinct range of micro markets. As a seller of riverside property, it is essential to be an expert on all types of property, from houseboats to skyscrapers. What has become clear in the current market is that there is a widening gap between the established and the latest developments, with the former proving to offer great value and the latter offering the latest interiors and tech, as well as increasingly luxurious, onsite amenities. These don’t come cheap, but they do seem to be increasingly sought after, even with sometimes eye watering service charges. What never ceases to amaze me is the dramatic change that I have seen to the London skyline in my 11 years with Knight Frank Riverside, much of which has been on the banks of the Thames. While there is no question that London is less attractive now to investor landlords than in the past, with slower capital growth and less attractive tax benefits, investors still buy on the river. Our lettings departments is one of the busiest at Knight Frank, as tenants love to rent in the latest building and enjoy the slick, easy lifestyle that modern flats offer. My market has a generous demographic of baby boomer downsizers, millennials, and

OUTOF TOWNBUY...

From £245,000 to £270,000 A fine Georgian house has been carefully converted into beautiful apartments full of charm and character, within a niche development, centrally located on the High Street in Pershore, Worcestershire. Apartments share an elegant communal hallway and have private entrances and their own reception hallways. Living/dining rooms are spacious and light, kitchens are fully fitted with appliances and there are two double bedrooms and luxurious shower rooms. The development also benefits from having use of a communal landscaped garden with parking options available.

busy professionals, who enjoy the ease of modern lifestyle developments. Bankers, tech millionaires and media moguls do enjoy a trophy penthouse, which is a market that might be slow moving, but when a buyer Connells 01905 724555 asks for best in class penthouses, we have (See pages 106 and 107 for more details) superb choice. We have recently seen a clear return of buyers above £3,000,000 for the first time in two years and this part of the market is finally gaining momentum. This is because the prices have reduced significantly over the last 18-24 months and buyers Ches’s are able to see value. Those that Trattoria have been sitting on their 48 Crown Road hands have saved money TW1 3EH but what’s interesting www.chestrattoria.co.uk is that long standing instructions are Where? In St Margaret’s, East selling, buyers Twickenham’s own ‘village’. are realising they What’s it like? A no fuss, no chain, can’t wait too family-run Italian restaurant very popular long or they will with locals (so best to book). No frills – miss out. Some simple wooden tables and chairs – but urgency has couldn’t be more welcoming. Nobody returned to the hurries you to leave and the friendly chef/ market. Could proprietor and his waiting staff make it a this mean very relaxing place to eat. the buyer/ seller market And the food? A huge range of pasta is shifting to a dishes and pizzas – and more. Pasta is more even keel? cooked perfectly and pizzas are huge

BEST BITES

and delicious. Lots of choice and the specials are always good to go for – a recent creamy risotto was outstanding. And it’s BYOB! (Handy off licence a couple of doors away.)

Jane Stevens Editor SOUTH

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The penthouse in the Power Station.

Fladgate House, Battersea Power Station SW11 • A beautifully presented top floor apartment • Benefits from winter garden access throughout • Expansive roof terrace offers views of the Power Station and into the City A number of on site bars and restaurants create a truly vibrant stretch of the Thames Riverside. Other amenities within the Power Station include a games room, riverside cocktail lounge and conference facilities.

Our Riverside expert, Matthew Smith, looks forward to helping you. matthew.smith@knightfrank.com 020 3597 7670 07825 402464

knightfrank.co.uk Connecting people & property, perfectly.

Guide price £4,450,000 Leasehold approximately 993 years remaining 12

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The one with views over the Shard.

Scotts Sufferance Wharf, Shad Thames SE1 • Spacious apartment arranged over two floors • Flooded with natural light throughout • South facing balconies Transport links include London Bridge Station 0.9 miles (National Rail Services and Northern and Jubilee lines), Bermondsey Station 0.6 miles (Jubilee line) and Tower Hill Station 0.8 miles (District and Circle lines). Please note that all distances are approximate.

Our Tower Bridge expert, Daniel Woods, looks forward to helping you. daniel.woods@knightfrank.com 020 3837 1524 07971 061036

knightfrank.co.uk Connecting people & property, perfectly.

Guide price £999,999 Leasehold 13

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The house with the magnificent proportions.

Morella Road, Wandsworth SW12 • A semi-detached Victorian house located ‘Between the Commons’ • Multi-purpose living space to the rear with a vaulted ceiling • Generous master bedroom suite with marble ‘his and hers sinks’ Morella Road is a highly sought after, tree-lined street ideally located between the Commons. The area is well served by a good choice of schools, in both the state and private sectors, with the shops and restaurants of the fashionable Northcote Road and Bellevue Road both close by.

Our Wandsworth expert, Sam Sproston, looks forward to helping you. sam.sproston@knightfrank.com 020 7768 0994 07825 386 882

knightfrank.co.uk Connecting people & property, perfectly.

Guide price £2,495,000 Freehold 14

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The mansion with the orangery.

Soames House, Coombe KT2 • An elegant country house set within one and a half acres of grounds • The magnificent orangery is both Victorian and Grade II listed • Pool house containing a 15m x 7m pool, studio, gym and changing facilities Coombe Hill Road is well located close to Kingston, Wimbledon, Richmond Park and central London via the A3. The area offers a wide range of sporting activities, including seven golf courses between Coombe and Wimbledon, and has great schooling nearby.

Our Coombe expert, Dominic Pasqua, looks forward to helping you. dominic.pasqua@knightfrank.com 020 8946 0026 07795 454022

knightfrank.co.uk Connecting people & property, perfectly.

Guide price £8,500,000 Freehold 15

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The one with the indoor pool.

Parkside Avenue, Wimbledon Village SW19 • A detached Edwardian house opposite Wimbledon Common • The roof terrace is astroturfed and has a small kitchenette • Separate summer house, pool house and steam room Parkside Avenue is located opposite Wimbledon Common and is convenient for Wimbledon Village high street. It is also well-situated for the town centre, with its excellent mainline and District Line tube stations.

Our Wimbledon expert, Oliver Cooper, looks forward to helping you. oliver.cooper@knightfrank.com 020 3641 7650 07436 154696

knightfrank.co.uk

Guide price £15,000 per calendar month Available part furnished or unfurnished

Connecting people & property, perfectly.

All potential tenants should be advised that, as well as rent, an administration fee of £288 and referencing fees of £48 per person will apply when renting a property. There will also be a £48 charge to register your deposit with the Tenancy Deposit Scheme if applicable. (All fees shown are inclusive of VAT.) Please ask us for more information about other fees that will apply or visit www.knightfrank.co.uk/tenantfees. Knight Frank is a member of the ARLA Client Money Protection Scheme and our redress scheme for consumers is Ombudsman Services: Property.

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PERFECT FIT Rebecca Jane Higgins reflects on 10 years at Knight Frank

ebecca Jane Higgins is celebrating her 10th anniversary with Knight Frank. She is best known for bringing the human touch to the business of buying and selling homes. With her soft Irish accent and sympathetic smile, Rebecca Jane is ideally placed to help people through what is thought to be one of life’s most stressful experiences. She says: “My 10th anniversary is testament to how I feel I best fit with the brand values of Knight Frank. The key thing about the office on Wandsworth Common is that we are first and foremost focussed on our client care. My background in the hospitality industry makes this aspect of the business a perfect fit for me.” She joined Knight Frank’s Wandsworth Common office as the Office Manager after a short period as a temp, which quickly led to the offer of a permanent job. Later she moved onto lettings working from the Clapham Common office. Then 18 months ago, she returned to Wandsworth as a Sales Negotiator. She loves meeting people at different stages of their lives, whether they are first time buyers, a couple with a baby wanting a bigger home or a family with three children desperately needing a more spacious garden. “When a person moves it is an exciting time for them, a time of change and also a time when there are lots of decisions to make which can be extremely stressful. It is the human aspect of the business that particularly appeals to me. At Knight Frank, we truly want the best for our clients. The key areas are good open communication coupled with timely feedback.” Rebecca Jane points out one big change to Knight Frank over the 10 years. Knight Frank used to best known for buying and selling large expensive houses. Whilst this remains a core part of the business, Knight Frank deals with all types of properties. In Wandsworth that means helping to sell one bedroom flats, costing £500,000 up to seven bedroom houses costing millions. In her time as a Sales Negotiator Rebecca Jane has helped sell all types of property, including two of the largest houses located on Baskerville Road SW18, which back directly onto Wandsworth Common. Off duty, she is a keen traveller, and enjoys seeing all the different architecture abroad. Recently she visited Marrakesh and Milan and is looking forward to a trip to America this summer. She also practises Kundalini Yoga, which helps keep her grounded and focused. She is a trained florist and enjoys arranging flowers for friends’ weddings. She adds: “I feel that I align with Knight Frank’s values, integrity and customer care. I have found that I can grow with Knight Frank and be myself.”

“I have found that I can grow with Knight Frank and be myself” Rebecca Jane Higgins, Knight Frank

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The best properties on your doorstep

Brodrick Road, SW12 2 reception rooms, kitchen/family room, master bedroom suite, 4 further bedrooms, 2 further shower/bathrooms, WC, cellar, 35ft west facing garden, 225 sq m (2,425 sq ft), EPC=E

Guide ÂŁ1.725 million | Freehold

Poyntz Road, SW11 Double reception room, dining room, kitchen, 3 bedrooms (1 en suite), further shower room, balcony, 17ft west facing garden, 110 sq m (1,186 sq ft), EPC=D

Guide ÂŁ950,000 | Freehold

Talk to us today Caroline Kennaway Savills Clapham 020 8673 4111 ckennaway@savills.com

Jasper Colliver Savills Wandsworth 020 8877 1222 jcolliver@savills.com

Adam Dryden-Peck Savills Battersea Park 020 3402 1900 adpeck@savills.com

savills.co.uk 18

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Savills Northcote Road

020 3430 6900

Savills Wandsworth

020 8877 1222

Savills Clapham

020 8673 4111

Eglantine Road, SW18 Double reception room, kitchen/dining room, 4 bedrooms, 2 bath/shower rooms, cellar, west facing garden, 164 sq m (1,766 sq ft), EPC=D

Guide ÂŁ1.35 million | Freehold

Leathwaite Road, SW11 Open-plan kitchen/reception room, master bedroom suite, further double bedroom, further family bathroom, eaves storage, 17ft west facing roof terrace, 95 sq m (1,020 sq ft), EPC=D

Guide ÂŁ900,000 | Share of Freehold

what can we do for you?

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HEADS-UP JUMPTOIT

Sam Sproston, Office head and Partner at Knight Frank Wandsworth, set himself the personal challenge of a parachute jump and a target of £1,000 (he hopes to hit £2,000) for Knight Frank’s Day of Giving in aid of the Rainbow Trust which supports families who have a child with a life threatening or terminal illness. Sam jumped (in harness with an instructor) from 15,000ft to the ground in around 5 minutes. To add to Sam’s target see: www.virginmoneygiving.com/samsprostonskydive

OUTOFSERVICE

f online-only estate agents are so much cheaper, why do so few of us use them? The reason is probably that most people don’t fancy paying up front for a service that may never be provided. It can cost less than a thousand pounds to get an online-only agent to act for you, but if they want that money up front you could end up with money and time totally wasted. This reluctance to get stuck with a bill without a sale goes some way to explain why online agents accounted for only six per cent of sales last year. Now in a bid to beef up their customer base House Simple has switched to a no-sale, no-fee model, the same deal that most conventional agents offer. Currently several online-only agents

offer two different prices, the cheaper one for customers who pay upfront and a dearer one for those who pay once their home has been sold. Yopa for example changes £1,795 for a no sale no fee deal in London – rising to £2,995 in some London boroughs, compared with £839 for their basic service flat fee. The lowest cost online agents generally add extra fees for anything more than the basic service, meaning you may pay for photographs and accompanied viewings. Some of the on-liners also want you to use a solicitor they have links to. The no-sale no fee, move by House Simple is sure to be copied by other online agents, which may well mean that prices will rise – eating into the whole idea of cheaper deals.

NEWRELEASE

BRANCHING OUT Wandsworth Common’s popular Bellevue Road could benefit from streetscape improvements if local residents and businesses back a series of council proposals, including new trees, better paving, lighting, motorcycle parking and the removal of redundant street furniture. Community services spokesman Cllr Jonathan Cook said: “These plans have been drawn up following the positive feedback we received when we first floated some of these ideas in the autumn. Now we need the local community to tell us what they think of these proposals.”

While borrowers continue to pay off chunks of their mortgage in record numbers, the amount of people choosing to release equity from their home – to pay for improvements, help children and grandchildren buy their first home or simply supplement their savings – has also risen to new highs. According to Key Retirement, an equity release specialist, the amount released last year topped £3 billion for the first time. Under such deals, homeowners make no repayments and the interest rate is fixed, but when the house is sold the capital and total interest must be repaid. In most cases lenders say that the total repayment will not exceed the sale price of the property. Duncan Farmer

obert Holmes has just set up a new lettings department at 360 Coombe Lane in West Wimbledon, headed by experienced agent Karen Kuhl. The office will help people thinking of letting out property in West Wimbledon, Coombe, New Malden and Kingston, as well as helping tenants to find new homes. Karen helped set up the new lettings and property management department for Robert Holmes and says she will be dealing with all different types of property from one bedroom conversions to large detached period properties as well as the wonderful new builds that the area is famous for. Coombe and New Malden are ace areas for renters because the location is close to the A3 to head into London or out towards the coast. New Malden Station, which is in zone 4, provides direct transport links to Clapham Junction Station in only 14 minutes and London Waterloo in 24 minutes. It is also a beautiful area, which includes Wimbledon Common and Richmond Park, with great schools.

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WORD ON THE STREET Are you ﬁnding that million-pound houses are still popular despite Brexit?

SHOWTIME S

avills’ Guildford office has donated a new projector and screen for a weekly movie for the elderly at the Church of St Mary’s Thursday Club. Savills’ staff baked cakes to launch the occasion. Vicky Gunn, from the development team at Savills Guildford, says: “The club is grateful for our donation and I have no doubt it will make a big difference to them. It was clear from speaking to the members that for many, this club is one of the only interactions they have with others all week. It goes to show what a lifeline these clubs can be for some of the elderly people in our community and we are proud to have been able to fund this much needed equipment for them.” The fundraising is part of Savills Guildford office’s partnership with the Community Foundation for Surrey. The office launched a £10,000 fund with the foundation last year, to support local charities. Each quarter, local projects can apply for money from the fund to help support disadvantaged or disabled people in the area. The team at Savills Guildford then choose the lucky schemes.

DOUGLAS BERNARD WINKWORTH Here in Herne Hill houses priced at £1m and above are still selling despite the downward trend in interest and action throughout the rest of the market encompassing one, two and three bedroom properties. I believe one of the main reasons is schools. Here in Herne Hill we are lucky enough to have a great many good schools, both primary and secondary, state, private and independent. With parents looking to secure good school places for their children, applicants are prepared to throw caution to the wind and proceed with purchases despite Brexit and the uncertainty it is causing. I guess it is good to know that schooling and education are a prime factor in applicants’ house purchase decisions!

ROBERT FRENCH KNIGHT FRANK

WORLDBEATERS The UK’s traditional estate agents charge among the lowest fees in the world, according to research by Estate Agent Today. In the UK typical commission rates are from 1% to 1.5%, and may even negotiate on this. In most other countries sellers can expect to pay much higher percentages – although in some areas that maybe offset by cheaper house prices. For example in France expect to pay 6%, in the United States about 5%, in New Zealand about 4% and in South Africa between 5.5% to 7.5%, with the top end of the market paying much less because of the high value of the homes. In Germany fees of between 3 to 6% can be split between buyer and seller – which must make trading up even more difficult over there.

The uncertainty created by the referendum result has affected some sectors of the market more than others; it is for this reason that I have maintained in previous articles that it’s no longer possible to comment on the London market with one broad brush stroke. There are certain “pockets” that are performing very well, so whilst no one is immune to wider economic forces, there are some areas that have proven to be incredibly robust. Our activity across Clapham, Wandsworth and Battersea shows that demand is still strong for best in class homes, provided they are priced correctly and marketed to the correct audience.

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FU_Advert narrow.qxp_1 14/05/2018 13:49 Page 1

TENANTS IDENTIFIED

HOMECOMPARE

21 Battersea Square SW11 3RA

COOLPOOLS

telephone 020 7771 7100 email battersea@first-union.co.uk

Guide price £8,995,000

THESMOKE

Birchglades is an elegant newly built family home over four floors with six bedrooms, set in newly landscaped grounds of half an acre within Coombe Park, a secure, 28 acre private estate. The house has classic elevations and is magnificently finished throughout. A leisure complex features an indoor swimming pool with with two water falls under a domed sky light. Coombe Residential 020 8947 9393

£4.95m

370 Old York Road SW18 1SP telephone 020 8480 4444 email wandsworth@first-union.co.uk

THEBURBS

Sundials on Weybridge’s renowned St George’s Hill private estate is a striking eight bedroom house with generous family accommodation finished to excellent standards and set over three floors. The gardens, which back onto a golf course, are beautifully landscaped with extensive planting and feature a outdoor pool which has showers/changing facilities nearby. Savills 01932 838000

£1,650,000

EMMA NEWELL: PROFESSIONAL FRIENDLY PERSONAL. TENANTS IDENTIFIED QUICKLY AND BEFORE MARKETING. T.S. January 2018

THESTICKS

Brambledown, a substantial, six double bedroom detached Edwardian residence with later additions, is in a semi-rural location near Westerham in the North Downs. The property with far-reaching views was once home to Ralph and Ursula Vaughan Williams. The house is surrounded by beautiful formal gardens and woodland (just over five acres) which includes a secluded swimming pool with a large patio area. Hamptons International 01732 430290

BAT TERSEA AND WANDSWORTH first-union.co.uk

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Kingston Hill, KT2 Guide price: ÂŁ3,500,000 STC 5 Bedrooms 3 Reception Rooms This wonderful detached five bedroom family house within beautiful well maintained landscaped gardens is now offered for sale. The property is within grounds of approximately 0.39 of an acre is situated within an exclusive gated development off Kingston Hill with planning consent for 12,000ft2. EPC: E

Kingston Hill, KT2 Guide price: ÂŁ2,850,000 STC 6 Bedrooms 2 Reception Rooms A newly refurbished and extended six bedroom detached property, located in a quiet cul de sac off Kingston Hill within minutes from Richmond Park through Ladderstile Gate. With accommodation arranged over three floors, the property boasts a wonderful open plan living/dining area leading onto a modern kitchen/breakfast area. In addition, it benefits from a detached heated garage and annexe with sliding glass doors that could also be used for accommodation or office. EPC: B

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17/05/2018 18/05/2018 17:48 09:33

Opening doors for buyers

Name Harry Anthony Estate Agent Knight Frank

A property search service

Position Lettings Manager Where do you live?

Save time, by finding your ideal home without spending weeks or months on fruitless searches using Esmond’s 17 years at Knight Frank experience selling top-level homes. Access to off market homes, thanks to Esmond’s prodigious contacts in the property industry.

Save money, by using his expert knowledge of the best price to offer. Maintain discretion, by keeping details of your search confidential.

Balham

What and where was your first London home?

Kelmscott Road between Wandsworth and Clapham Common

Favourite open space in London?

Well it has to be Clapham Common, it’s lively and always buzzing in the summer!

What do you consider your greatest achievement? Running a Lettings team for Knight Frank

Tell us something that would surprise people about you. I have a strange obsession for fly fishing

Aside from property what’s your most expensive purchase? A fishing holiday to Belize

Favourite book, film or album now? Top Gun is my all-time great!

“Esmond has provided invaluable advice throughout the process from initiation of our property search to completion of our (off-market) purchase. His personal credibility and extensive knowledge of pricing, location and process ensured a smoother path than we would have been able to achieve alone. We would wholeheartedly recommend Esmond” AB & BB, Wandsworth

What did you want to be when you were growing up? Property Developer

What three things would take to a desert island? Fishing line, hook and rod

What is your most treasured possession? My dog Rocco

What is top of your bucket list? Heli-fishing in Russia

Get his advice on all stages of the process, from finding a property to ensuring a stress-free completion.

Who would you like to stuck in a lift with? Kevin McCloud/George Clarke...can’t decide

What is your guiltiest pleasure? Cheesey 80s’ music

Call 07551 740312 or visit www.esmondelliot.com

ESMOND ELLIOT 24

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HOME

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THE TREND

Here comes the sun!

Round beach towel, £10 flyingtiger.com

Ceramic pineapple, £30 giselagraham.co.uk

Trophy Bull bicycle holder, £89 amara.com

IT’S FUNKY Fan palm in pot, £765 outthereinteriors.com Mammut children’s stool, £5.50 Ikea.co.uk

IT’S THRIFTY

Timorous Beasties Honey Bee cushion, £99 houseology.com

IT’S RITZY

Boca do Lobo Skyscraper floor lamp, £1,528 thelongeststay. com

Tommy desk lamp, £50 habitat.co.uk

Dixie sofa in Bumblebee, £1,345 loaf.com

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SOSOUTH

KEA’s outdoor lighting gets better every year. New this summer is Solvinden. It’s built-in LED light source has an expected 20,000 hour life expectancy. Even on a grey day the orange and turquoise string shade will brighten up your garden space. £45 • www.ikea.com

ONLINE HOME INTERIOR BOUTIQUE Specialising in unique wallpapers, lighting, art & home accessories 0330 058 4158 WWW.LIMELACE.CO.UK 27

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GROWING CONCERNS BREXIT BONUS T

he Royal Horticultural Society is calling for a visa scheme for plants after Brexit to keep out those nasty foreign bugs. The aim is the stop invasive slugs, germs, bugs and beetles from munching their way through the country’s gardens. The RHS has already banned exhibitors at their shows from using EU-grown plants from nine key species, including lavender and rosemary. It wants to use Britain’s departure from the EU to introduce a visa scheme for plants along with quarantine centres for species that may carry disease. Currently the free trade in plants within the EU has helped bring in several nasty pests including oak processionary moths, and those horrible orange Spanish slugs capable of reaching six inches in length and destroying priced delphiniums and lupins in an evening. The worst threat comes from flat worms that eat our lovely home grown earthworms that keep the soil healthy.

NEXTUP HAMPTON COURT F The Birdball bird house from Green & Blue is inspired by the natural forms of bird nests and provides a safe home for small birds. £44 blackby-design.co.uk

JOBOFTHEMONTH Lawns now look better if mown weekly. Avoid scalping grass by cutting it too short because if we have a dry summer longer grass is less prone to drought. Mow when the grass is dry and always use a mower that collects the grass otherwise it causes bald patches. Nature lovers might try just mowing a path through part of the grass leaving dandelions, buttercups and daises for the bees to enjoy. Compacted grass doesn’t grow very well, so try to aerate the soil by pushing a garden fork into the lawn every few inches or so and opening up the soil. Bare patches can be filled in with patches of turf or you can re sow with seed. Make sure that the re-seeded patches are left to grow up before mowing them. Water new lawns well but although established lawns that are left unwatered will turn brown they will green up again in the autumn. Photo: RHS

or six days of horticultural displays and greenfingered fun turn to the world’s biggest flower show at RHS Hampton Court Palace Flower Show from July 2 to 8. From inspirational gardens to dazzling flower displays, you can watch demonstrations by both celebrity gardeners and chefs around the show grounds and get tips on gardening in a changing climate. There are also many shopping opportunities for garden supplies to create your own Eden – not forgetting the grand sell-off on the last evening when plants go on sale for knock-down prices. The show attracts around 130,000 visitors every year. This year the big draw will be Piet Oudolf, the influential Dutch garden designer and a leading figure of the New Perennial type of planting which uses bold drifts of herbaceous perennials and grasses for colourful, year-round interest. Piet’s walk-through feature will be a beautiful border opposite the Palace. The plants used in this new feature will be recycled and relocated to RHS Garden Wisley after the show. Another first will be a spectacular display of thousands of Verbena bonariensis plants. A river of these perennials will provide a spectacular photo opportunity. There will also be workshops including flower arranging, pollination facts seen through the eyes of an insect and, for children accompanied by an adult, classes in making real flower crowns from willow withies and paper copies of wildflowers. The children also get a packet of wildflower seeds to grow on and use for future crowns.

Photos: RHS/Sarah Cuttle

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PICKOFTHE PAPERBACKS BOOKOFTHEMONTH THE DISSENT OF ANNIE LANG A fantastic coming of age story, featuring a memorable heroine in Annie, the youngest in the family, but the only one brave enough to take a stand against religious hypocrisy and cruelty. She returns home after studying in France to find her brother in a mental hospital and her Sunday school teacher vanished. She sets out to unearth the disturbing truths and to try to atone for the past. During her journey she begins to suspect that her beloved father may not be the honourable man he pretends to be, and that her unkind stepmother may also be a victim. The Dissent of Annie Lang, by Ros Franey, Muswell Press £12.99 HOUSE OF NAMES ‘They cut her hair before they dragged her to the place of sacrifice. Her mouth was gagged to stop her cursing her father, her cowardly, two-tongued father. Nonetheless, they heard her muffled screams.’ Three years after Agamemnon sacrificed his daughter on her wedding day to persuade the gods to give a fair wind for his army, he returns home to find his murderous action has set the whole family – mother, brother, sister – on a path of violent revenge. In this page turner Colm Toibin whose novels shows that he can turn his talents to retelling the Greek myths in such a way that the characters become fully human instead of unknowable creatures from ancient past. Clytemnestra’s decision to revenge her daughter by murdering her husband seems just rather than deranged. House of Names by Colm Toibin, Penguin Fiction, £8.99 PERSONS UNKNOWN D I Manon Bradshaw has settled back into life in Cambridgeshire with her adopted son Fly, happily working on cold cases until a city banker is stabbed to death yards from the police station. As the investigation proceeds her own family falls under suspicion. How well does she know her loved ones and are they capable of murder? She finds herself pitted against her once close colleagues. She has to try to look at the evidence as she would with any other case – but is that possible? Persons Unknown, by Susie Steiner, Harper Collins, £7.99

HE SAID/SHE SAID Laura witnesses a brutal attack but from the moment she and her boyfriend Kit call the police, their lives are ruined. Fifteen years later Laura and Kit live in fear. The alleged rape of Beth Taylor is described through the eyes of Laura and Kit. It is Laura who finds a couple having sex and sees the woman with her face contorted and fearful. However, while Laura knows she was right to speak out, she also knows that you can never see the whole picture: something is always hidden, something she never could have guessed. This is another teasing psychological thriller from the best selling crime author. He Said/She Said by Erin Kelly, Hodder & Stoughton £7.99 LITTLE FIRES EVERYWHERE A story that traces the fates of the perfect Richardson family led by Elena Richardson and the mother and daughter who rent a house from the Richardsons. The newcomer Mia has a mysterious past and her secret threatens to destroy the ordered community. When friends of the Richardsons try to adopt a Chinese-American baby the custody battle splits the town and puts Mia and Elena on opposite sides. Suspicious of Mia and her motives, Elena is determined to uncover the secrets of her past. Her obsession will come at an unexpected and devastating cost. Little Fires Everywhere by Celeste Ng, Little, Brown Book Group, £7.99

NONFICTIONPICK THIS IN GOING TO HURT: SECRET DIARIES OF A JUNIOR DOCTOR Both hilarious and thought provoking, this is the warts and all account of a junior doctor’s time in the NHS, grappling with endless hours of work, life and death decisions, as well as bodily functions you’d prefer not to know about. Essential reading for people who want to know how Britain’s health system really works – but perhaps best read after you’ve had that vital surgery. This in Going to Hurt: Secret Diaries of a Junior Doctor, by Adam Kay, £8.99 Pan Macmillan In collaboration with Waterstones Clapham Junction

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Matching people to homes 020 8299 3021 | roybrooks.co.uk

GROVE LANE, SE5

GUIDE PRICE £2,000,000

This particularly elegant GII listed Georgian home has five double bedrooms, enchanting living space, period features, a south westerly garden and a rear double garage. Denmark Hill station is a seven-minute walk for Zone 2 trains and London Overground links while some of the country’s most prestigious independent schools are within ten minutes’ drive and include Alleyn’s, Dulwich College and JAGS.

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EXCLUSIVE

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SUNNYSOUTH With a sunny south-facing garden, this very attractive, semi-detached Victorian family house is ideally located for both the heart of Dulwich Village and Herne Hill

he four-bedroom home has two family bathrooms, a double reception room and many period features, as well as a loft and cellar and large garden. The house offers an excellent balance of living and entertaining space together with the generous bedroom accommodation. The ground floor features an appealing hallway with original Victorian tiles, a bright and spacious double reception room with double doors leading on to the large garden and a fantastic kitchen/dining room, that overlooks and opens on to the back garden. There is also masses of storage space with both a cellar and loft and side access from the front to the rear of the house. Upstairs the impressive master bedroom spans the width of the house. The wonderful south-facing garden extends to about 80ft with a patio, lawn and mature planting.

The house is chain free and has the benefit of the potential to extend to both the side and rear and into the loft, subject to planning consent. Croxted Road is close to both Dulwich and Herne Hill. The shops and cafés of Dulwich Village are moments away, as are the open green spaces of Dulwich Park, Belair Park and the Dulwich Picture Gallery, as well as the boutique shops and cafés of Herne Hill. Brockwell Park, with its famous Lido, is a third of a mile away. The house is also ideally situated for good schools including Rosendale Primary School and Dulwich Hamlet Junior School as well as many other sought-after state and independent schools. It is within walking distance of James Allen’s Girls’ School, Alleyn’s and Dulwich College.

‘The house offers an excellent balance of living and entertaining space’

Croxted Road, Herne Hill, SE21, £1,295,000, Knight Frank 020 3815 9410

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LIFEISGRAND This newly-built family home in the classical style has over 9,000 square feet of space set in landscaped grounds, within an exclusive private estate on Kingston Hill

he three-storey house, with seven bedrooms and six bathrooms, has far reaching views and is close to Richmond Park and Wimbledon Village. The ground floor is devoted to entertaining. The elegant entrance hall sets the scene with its impressive stoneclad staircase, white Emperador floor and full-height panelled walls. This leads to a study, also with panelled walls, a fullheight library wall and grid feature ceiling. The sumptuous drawing room with its limestone fireplace, honed granite hearth and feature ceiling has three sets of French doors leading to the terrace and the panelled formal dining room. The kitchen/breakfast/family room has a double-height vaulted ceiling with French doors leading to the terrace. The bespoke kitchen has solid oak units with Gaggenau oven and hob and Calacatta

Brasil stone worktops. Further storage is provided by a walk-in pantry and a separate utility room. There is also a dedicated home cinema room with an Artcoustic Dolby Atmos speaker system. On the upper floors there are seven bedrooms including the first floor master bedroom suite with luxuriously appointed bathroom and dressing room, three guest suites and two bedrooms with a ‘Jack and Jill’ en suite, a seventh bedroom and a family bathroom. There is also a staff or guest studio with its own entrance, separate kitchen and staircase. Outside are landscaped gardens including wild flower meadow terraces and a formal lawn and a three-car garage.

‘Elevated sheltered position, close to Richmond and Wimbledon Village’

Wildcroft, Coombe Park, Surrey, KT2, £6,500,000, Robert Holmes 020 8947 1100

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PRIME THAMES A two bedroom flat in a popular and well-established development set on a prime stretch of the river Thames, offers desirable and luxurious riverside living

ith spectacular views across the river and towards Battersea Park, the flat is in Molasses House, Plantation Wharf. This fantastic apartment has two double bedrooms, two bathrooms, an extensive reception room and a kitchen/ breakfast room. The must-see flat stretches to nearly 1,180 square feet and is very well laid out. Situated in lively Battersea and within walking distance of the beautifully landscaped York Gardens Park, Molasses House offers award-winning contemporary apartments with fantastic on-site facilities. This stylish

building offers highly desirable, luxury riverside living with spectacular views across the River Thames and towards Battersea Park. The apartment comes with secure underground parking and concierge service. It is ideally placed, only a third of a mile from York Gardens and half a mile from Clapham Junction. Plantation Wharf also has its own river bus stop.

‘Highly desirable, luxury riverside living with spectacular views ’

Molasses House, Plantation Wharf, Battersea SW11, £899,999, Lauristons 020 7978 5800

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SPOTLIGHTON...

SOUTHFIELDS While Wimbledon Fortnight attracts thousands of tennis lovers and tourists each July, it is the charming period terraces that draw the permanent residents, says Jenny Knight

ith traditional Edwardian houses, great primary schools and leafy surroundings, Southfields is an ideal hunting ground for young families. Doug Moss of Winkworth, says: “We are getting a lot of people moving from Fulham and Chelsea. Either they have been renting and are buying their first family home or they are moving to get more space for their money. “The Edwardian terraces with gardens from 30 to 50 feet long, are the main draw. You can get into central London easily from here and there are lots of parks and Wimbledon tennis on the doorstep so there is a villagey atmosphere, which is attractive.” Southfields Grid – the streets between Replingham and Revelstoke Roads, which run south of Southfields Station – is the area where most house hunters aspire to buy, although wealthier buyers might look at the bigger houses along Skeena Hill and Combemartin Road.

The three most popular primary schools are St Michaels, Sheringdale and Wimbledon Park. Most of the shops, cafés and restaurants in Southfields are clustered around the two underground stations, Southfields and Wimbledon Park, although to the East, past St George’s Park, lies Southside shopping centre with a cinema, Waitrose, Sainsbury, eateries, a range of smaller shops and a multi-storey car park. In Southfields, itself, there is a great take away fish and chip shop called The Original Fish and Chip Company, on Wimbledon Park Road. For pizzas there is Franco Manca and the Olive Garden Italian, near to Thai Girder, with yummy pastries at Chanteroy Southfields. For more niche shopping there is the Wedding Dress Shop in Arthur Road. And for a quality, eco-friendly dry cleaners, specialising in wedding, ballgowns and home furnishings, go to Zenith at the corner of Pirbright Road and Replingham Road. Wimbledon Park used to be part of the

‘The Edwardian terraces with gardens from 30 to 50 feet long, are the main draw’

There’s a wide selection of shops where Replingham Road and Wimbledon Park Road meet grounds of Wimbledon Manor House, and is now a 67-acre park with an ornamental lake, a golf course and a patch of woodland. Leisure facilities include tennis courts, a bowls pavilion and a water-sports centre for sailing, kayaking and canoeing, a paddling pool, café and crazy golf course. It also hosts one of the best fireworks displays in London, organised by Merton Council every November. Although most people aspire to own or live in one of the period houses in the area there is also a good choice of apartments. And unlike other areas where blocks of flats can feel depressingly urban, the apartment blocks in Southfields tend to have a suburban or even a rural feel with grass and trees in the spacious surrounds.

WHATTOBUY Showroom apartment

Revelstoke Road, SW18 3 bed split level maisonette / £729,000 Kinleigh Folkard & Hayward 020 3792 1062

Augustus Road, SW19 4 bed house / £1,350,000 Knight Frank 020 8946 0026

Revelstoke Road, SW18 2 bed flat in boutique development / £749,000 Lauristons 020 8879 9099

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PRICE CHECK

Average price to buy in Southfields…

Wimbledon Park has a sailing club, café and tennis courts As well as the tennis, Southfields is home to thousands of Londoners who enjoy low rise, ‘village’ life, just a few miles from the heart of the capital

1 BED £480,000 to £550,000 3 BED TERRACE £1M 5 BED HOUSE £1.3M Average price per month to rent in Southfields...

1 BED FLAT ON THE GRID £1,375 to £1,500 3 BED TERRACE £2,500 to £2,700 (Figures from Winkworth)

EDUCATION There is a good choice of schools in Southfields and the surrounding area. At primary level, there is Albemarle Primary, St Michael’s Cof E Primary, Sheringdale Primary School, Wimbledon Park Primary School and West Hill Primary, and for secondary age there is a choice of St Cecilia’s or Southfields Academy, as well as many other schools in neighbouring Wandsworth and Wimbledon. There are numerous private education options in Putney, Wimbledon and Richmond.

WHATTORENT

TRANSPORT Tube: Southfields Tube station on the District Line – to Victoria around 25 minutes. Rail: Earlsfield and Wandsworth Town are not far away – to Waterloo every 10 minutes. Bus: Several routes run through Southfields – 39 (Clapham Junction to Putney Bridge), 156 (Wimbledon) and 493 (Tooting). Also the N87 night bus. Road: Quick access to the A3, M25 is 30 min drive away. Getting away: Gatwick and Heathrow airports are under an hour away by car.

HERE TO OFFER A HELPING HAND. We’ll go to great lengths to make sure you find the home of your dreams.

recently let Heythorp Street, SW18 4 bed period house / £3,200 pcm Kinleigh Folkard & Hayward 020 3199 2257

Replingham Road, SW18 5 bed house / £762 per week (£3,300 pcm) Winkworth Southfields 020 8877 1000

Winkworth Southfields 020 8877 1000 winkworth.co.uk/southfields

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NEW HOMES

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NEWHOMES UPDATE Alexa Peters, Associate Director Savills Residential Development Sales, introduces a rare find in SW6

ulham remains an interesting market in terms of new homes supply. When compared to wider south west London, which has seen good levels of new build homes coming to the market, in Fulham, this type of property is a rarity. Although there is a good amount of new build apartments on the riverfront, the areas set back from the water have not seen as much development. So when new homes do become available, they attract a lot of interest. The Fulham market generally appeals to a mixture of young professionals and families, although properties on the river tend to also attract downsizers looking for lock-up-andleave homes. Families move here for the well-proportioned houses and proximity to good schools, green spaces and the village-feel that the Fulham and its surrounds afford. For young professionals, the excellent commutability into London from Putney, Fulham and nearby Hammersmith appeals, as does the vast array of trendy bars and restaurants. Buyers here are discerning and are looking for good value and only ‘best in class’ properties will tempt them. One development helping to bring high specification homes to the area is Bishops Gate, an intimate new development of one to three bedroom apartments and four bedroom townhouses, which offers an oasis of calm from the busy city. Set behind a pair of meticulously restored historic gatehouses on Fulham High Street, the boutique development also has off street parking, with every car space having an electric charging point. We have had enquiries from both domestic and international buyers, including young professionals, and downsizers attracted by the apartments, while families and locals who weren’t considering moving are drawn here by the opportunity of a new-build townhouse. That said, interest has also come from wider south west London and beyond because of the rarity and calibre of these homes. Bishops Gate, Fulham, SW6, prices from £649,000, Savills South West London New Homes 020 3430 6920

2 bedroom, 2 bathroom, Penthouse Apartment £699,000 Leasehold

Quicks Road, Wimbledon SW19 Contact the new homes specialists on 020 8879 9099 www.lauristons.com

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HELPTOBUY Ten out of 12 units were reserved on the first day of the launch of the first phase of Woodhams Apartments in Bromley, built by Hambridge Homes

he sales account for 35% of the entire scheme which is part of a regeneration of Bromley. James Overton, Managing Director of Hambridge Homes, says: “We aim to cater for first time buyers and young professionals, and Woodhams Apartments is an excellent example of this. Its location is ideal for people who want easy access into the City, and the price point – with homes starting at £299,000 – is perfect those trying to get onto the property ladder in the capital. We’re delighted with the success of the launch and look forward to buyers moving in and calling it home.” First refusal of the apartments was given to Help to Buy purchasers, with nine of the ten reserved units sold using the scheme. Hambridge Homes prioritises first time buyers and those using Help to Buy as a way of encouraging home ownership, with homes at an accessible price. Following the success of phase one, phase two with another 12 apartments will be released soon. According to Hambrige prices in Bromley are set to soar thanks to a £90 million regeneration project that will deliver St Mark’s Square, a new landscaped plaza and 25,000 sq ft of cafés and restaurants, a cinema, shops

and an underground car park, next year. Bromley is the biggest of the London boroughs and a 15-minute journey away from Central London but is also close to the lush countryside of Kent and East Sussex. Woodhams Apartments is divided into three blocks with the entire ground floor occupied by a Co-op food store. There are a range of layouts at the development, allowing buyers to choose from a variety of floor plans. All of the apartments feature spacious balconies and dual aspect living, ranging from 498 sq ft to 855 sq ft. Kitchens are equipped with German Pronorm white gloss units and Corian worktops with glass splashbacks, SMEG appliances and under-cupboard pelmet lighting to the wall units. Bathrooms feature white sanitaryware by Duravit, soft-close toilet seats, taps and fittings by Vado and Corian bath panels. Other specifications include engineered wood flooring in the apartments’ kitchens/living rooms and hallways, polished chrome ironmongery and Sky TV points in all rooms.

OFFPLAN SALES A

partments in latest phase of the 22-storey tower Lewisham Gateway scheme, Portrait TWO, are now 85% reserved off plan. Comprising 101 apartments and a communal rooftop terrace, the tower is the second block available to buy at Lewisham Gateway, next to the all sold first phase, by Muse Developments. Since their release in February 2017, apartments in the Portrait TWO have been popular among investors, first time buyers and local residents. The development is moments from the mainline rail station and DLR, providing direct access into Canary Wharf within 17 minutes and Green Park in 25 minutes. Lewisham is increasingly popular thanks to a planned extension to the Bakerloo Line. Emma Lander, Sales & Marketing Manager says: ‘’Portrait Two continues the success story that is Lewisham Gateway. With 85% now reserved, buyers clearly appreciate the ideal location and excellent transport links on offer whilst able to enjoy London living’’. In total, Lewisham Gateway will deliver 900 new homes with new shops, restaurants and commercial space as well as improved bus and cycling facilities. www.musedevelopments.com

Woodham Apartments, Bromley, one bedrooms from £299,000, and two bedrooms from £355,000, JDM 020 8295 2505 or www.jdmestateagents. com

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16/05/2018 13:48

Nine grandly proportioned townhouses with stunning Georgian facades, Octagon’s latest London launch incorporates the highest specification and finishes as befitting the developer’s name. Offering views towards the River Thames and Barnes Wetland Centre from private roof terraces and balconies, these unique new homes range between 4,375 – 6,150 sq ft. With 4/5 bedrooms, an impressive kitchen/breakfast room and 4 formal reception rooms across 5 storeys, the lower ground floor is dedicated to leisure - including a gym, cinema/TV den and a covered courtyard garden. Each property features a private west backing walled garden with rear pedestrian access to the Thames towpath. Located within the Bishop’s Park Conservation Area, Bishops Row is just a short walk from Fulham’s vibrant centre, tube stations, bus services, and an excellent choice of local schooling.

GUIDE PRICES From £4.995m Views from rooftop terraces

BISHOPS ROW STEVENAGE ROAD, FULHAM, LONDON SW6 6PB

SHOWHOUSE OPEN THURSDAY TO MONDAY 10AM – 4PM 020 3417 4610

020 7731 7100

020 8481 7500 | OCTAGON.CO.UK

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16/05/2018 13:48

FAIR SHARES

JACOBEANJOY O

ne of the finest examples of a Jacobean Manor House to survive in London is being converted into eight luxurious apartments by Octagon The historic Grade II listed Eagle House is one of the glories of Wimbledon and the restoration will provide an exciting opportunity to own a piece of architectural history. Built in the early 1600s by the co-founder of the British East India Company, Eagle House later became Wimbledon School, which continues to operate today in Camberley. In 1700 the house was modernised and extended to include the fine panelled room, which will form the main entrance hall for new tenants with striking marble and limestone tiled flooring. Beyond the hallway, a series of two and three bedroom apartments make up the development with lift access to the upper floors. Each apartment features the latest home technology, including a Control4 Audio System, KNX dimmable lighting system and integrated Heating & Comfort Cooling Controls. The kitchens are made up of Bespoke Bulthaup Laminate Flint Kitchen with white work surfaces and a range of integrated Miele appliances. Underfloor heating throughout the apartments will ensure the highest level of comfort for future tenants, aided by high quality marble, carpet and timber

flooring designed to enhance and reflect the history of Eagle House. A full restoration of the fireplaces, staircases and oak panelling will enable residents to enjoy a sense of history along with high tech living. Some apartments also include a private patio, whilst every resident will share the landscaped communal garden to the front and rear of the property. Eagle House is in the centre of Wimbledon Village, with its wealth of boutiques, restaurants and bars, as well as famous commons and sports centres. The setting is ideal for commuters, with numerous bus routes servicing the area, and Wimbledon mainline and underground stations less than a mile away. Waterloo is just a 19 minute trip on the train. Nearby schools include Kings College School and The Rokeby School, making this development ideal for families with children too. Eagle House, Wimbledon Octagon 020 8481 7500

A new phase of shared ownership homes has just been launched at Greenwich Peninsula, London’s hottest new riverside district. The affordable homes are a collection of 42 one and two bedroom apartments by L&Q. Lucy Chitty, sales director for L&Q’s South Region, says: “Helping Londoners get onto the property ladder, our new homes will give first time buyers an opportunity to purchase in a thriving new cultural quarter of South East London. This up-and-coming riverside location is fast becoming one of the most sought-after places to live – it’s no surprise that nearly 60% of the first release were reserved across launch weekend. We anticipate demand for these new homes to remain high from working professionals and young couples.” The Upper Riverside homes are just a stone’s throw from the O2 Arena and also to art galleries, museums and cinemas. There are many transport links, including the Jubilee Line from nearby North Greenwich station, the Thames Clipper, and the Emirates Air Line over the Thames. Later this year, there will also be access to the Cross rail at Canary Wharf, which will provide fast connections to City Airport, Liverpool Street and Heathrow Airport. The stylish homes are finished with modern kitchen units and co-ordinating worktops, as well as complementary stainless steel appliances. Bathrooms offer contemporary sanitary ware, including a fashionable steel bath. There is a video door entry system and a spacious communal terrace. A large proportion of apartments have balconies and the development also offers secure cycle storage within the underground car park. Prices start from £113,750 for a 25% share of a one bedroom apartment (full market value £455,000) and £148,750 for a 25% share of a two bedroom apartment (full market value £595,000). www.lqpricedin.co.uk/greenwich-peninsula, 0333 003 3730

Village,

New Homes.indd 4

17/05/2018 15:52

U CO E M TH P IS LET SU IO M N M ER D

INDIGO SQUARE S U R B I T O N

Our new 3 bedroom show apartment MORE STYLE, MORE FLAIR, MORE SPACE

Our fabulous new 3 bedroom show apartment is now open for viewing at Indigo Square, Surbiton’s new landmark collection of 1, 2 & 3 bedroom apartments and duplex homes. Showcasing indigoscott’s attention to detail and imaginative design flair, each 3 bedroom home benefits from a private balcony, terrace or garden, in addition to a high specification to be found throughout Indigo Square. There’s also secure underground parking to selected plots and a beautifully landscaped private courtyard for the use of residents. Just moments from Surbiton’s comprehensive selection of shops, bars and restaurants, riverside walks to Kingston upon Thames and Surbiton station, with its 17 minute service to Waterloo, Indigo Square brings city style living to this vibrant destination.

3 BEDROOM APARTMENTS FROM £750,000

To book your viewing appointment call 020 8390 8181 or email surbiton@barnardmarcus.co.uk Photographs depict the Showhome. Computer generated illustration indicative only.

Indigo Scott.indd 1

16/05/2018 13:45

MONEYTIP

early a third of borrowers are not getting the cheapest mortgage, according to the Financial Conduct Authority. The regulator argues that it should be easier to search for the right deal with more tools available to help both consumers and brokers. Even though the majority of borrowers seek advice from a mortgage broker, the report found that there was little difference in the eventual cost of the mortgage the customer ended up taking out. However, while cost is of course a factor when choosing a mortgage, it is a very simplistic approach to look at purely getting the ‘cheapest’ mortgage. There may be other factors involved which is why one mortgage is chosen over another, including service, criteria, non-tangible motivations and so on. Despite some of the reservations outlined in the report, it would not be prudent for borrowers to discount brokers as an avenue for obtaining advice. It is undeniably harder to get a mortgage than it was in the past owing to tighter affordability criteria, coupled with the wide range of deals available. A broker can guide you through the mortgage maze and help you find the right deal for your particular circumstances.

MONEY MATTERS

GARETH LOWMAN SPF PRIVATE CLIENTS

BORROWINGBIG Ten years ago, borrowing 95 per cent of a property’s value was easy and in some cases it was possible to borrow even more than the sale price, but since the credit crunch – and a raft of regulations surrounding borrowing – that has been much harder. However, according to Moneyfacts, the financial information provider, the number of 95 per cent mortgages on the market now exceeds 300 and a couple of months 37 new products were launched for borrowers with small deposits. The interest rates are higher than for those with more cash to put down but they do at least give anyone struggling to raise a big deposit the chance to make their first move.

300

The average fall in London house prices last month

The number of 95 percent mortgage deals now available – the highest number since 2008

NUMBERCRUNCHING

2.52% The average two-year fixed mortgage rate

The number of Bank of England members who voted for a rate rise. Seven voted against

BESTBUYMORTGAGES

Fixed Rates

Lender

Rate

Until

Reversionary Rate

APR

Max. LTV

HLC

ERC

Product Fee

Exit Fee

Notes

Yorkshire BS

1.32%

6/30/2020

4.99%

4.4%

65%

n/a

2.5% / 1.5% until 30/06/2020 10% overpayments p.a. without penalty

£1495 Product Fee

£90

Mx £5m

Yorkshire BS

1.36%

6/30/2020

4.99%

4.2%

75%

n/a

2.5% / 1.5% until 30/06/2020 10% overpayments p.a. without penalty

£1495 Product Fee

£90

Mx £5m

Skipton BS

1.83%

6/30/2023

4.74%

3.7%

60%

n/a

5/5/4/3/2% until 30/06/2023 10% overpayments p.a. without penalty

£1495 Product Fee

£65

Mx £1m. Free valuation. Free Legals for remortgages

First Direct

2.49%

120 months

3.94%

3.0%

60%

n/a

3/2/2/2/2/2/2/2/2/2% in forst 120 months Unlimited overpayments allowed without charge

£149

Mx £1m Free Valuation

Source: SPF Private Clients

Money.indd 1

16/05/2018 13:25

BEPREPARED!

Mortgage rates will rise – eventually, warns Duncan Farmer, so make moves now to soften the blow

very cloud has a silver lining and the big black ones that brought snow and chaos to the country three months ago are at least in part responsible for the Bank of England’s decision to leave interest rates at 0.5 per cent at its most recent meeting. The snow and ice kept most indoors and, crucially, away from the High Street, thus leaving the economy shivering and in no state to take the shock of an interest rate rise. Welcome as that decision was it was a postponement rather than a cancellation and most experts agree that rates will rise this year and probably next, too. Writing in The Daily Telegraph, Roger Bootle, of Capital Economics, who has been one of the most consistently accurate forecasters, said: “Readers should not be fooled by the immediate pause in rate rises into thinking that the prospect of higher rates had gone away. Both individuals and companies should be preparing for much higher interest rates ahead.” By “much higher” he predicts that 3 per cent is the eventual peak. So what would that mean for

mortgages? The Halifax standard variable is 3.99 per cent today, which means that a borrower with a £300,000 repayment mortgage pays £1,581 a month. Should that rate rise by 3 points to 6.99 per cent the monthly repayments would be £2,119. That does seem quite a jump and although the expectation is that such high rates are a couple of years away there is plenty that borrowers can do to soften the blow. Either, use any spare cash to pay off a little bit extra of your existing mortgage now so that when rates did rise you would at least be paying interest on a smaller capital sum, or switch to a cheaper fixed rate loan. For example, Yorkshire Building Society has a two-year fixed-rate loan with an interest rate of 1.36 per cent, bring repayments on a £300,000 loan down to £1,180, and HSBC charges 1.62 per cent on a three-year mortgage, making repayments £1,217. Fixing for five years with HSBC would be more expensive, at 2.44 per cent, but still cheaper than today’s standard variable rate and a bargain should the Bank rate hit 3 per cent any time soon.

hile borrowers continue to pay off chunks of their mortgage in record numbers, the amount of people choosing to release equity from their home – to pay for improvements, help children and grandchildren buy their first home or simply supplement their savings – has also risen to new highs. According to Key Retirement, an equity release specialist, the amount released last year topped £3 billion for the first time. Under such deals, homeowners make no repayments and the interest rate is fixed, but when the house is sold the capital and total interest must be repaid. In most cases lenders say that the total repayment will not exceed the sale price of the property.

Variable Rates Lender

Rate

Until

Rev. Rate

APR

Max. LTV

HLC

ERC

Product Fee

Exit Fee

Notes

HSBC Bank

1.19%

Tracker over base for 24 months

3.94%

3.5%

65%

n/a

None

£99 Booking Fee £900 Product Fee

Mx £5m. Free valuation. Free Legals for remortgages

HSBC Bank

1.29%

Tracker over base for 24 months

3.94%

3.6%

75%

n/a

None

£99 Booking Fee £900 Product Fee

Mx £2m. Free valuation. Free Legals for remortgages

Coventry BS

1.64%

Variable rate for term

n/a

1.7%

50%

n/a

None

£999 Product Fee

£125

Mx £1m. Free Valuation. Free legals for remortgages.

HSBC Bank

1.39%

Tracker over base for 24 months

3.94%

3.8%

80%

n/a

None

£99 Booking Fee £900 Product Fee

Mx £400k. Free valuation. Free Legals for remortgages

Money.indd 2

16/05/2018 13:25

Garden Barge Square – Open Garden Squares Weekend ©Diana Jarvis

Field Day ©Fanaticlive/Samantha Milligan

WHAT’SON... PETAL POWER AT HEAPS+STACKS Battersea Power Station

SUMMER OF SOUND ON THE ROOF John Lewis Oxford Street

Be pampered with plants. Choose from a petal facial, face painting with the addition of real fresh flowers, or a pressed petal manicure where miniature dried petals are beautifully painted onto nails. A stunning way of celebrating RHS Chelsea Flower Show on the other side of the river. www.batterseapowerstation.co.uk/ whats-on/detail/petal-parlour

The Gardening Society on John Lewis’s Oxford Street store’s rooftop is turning into a live music venue. Rock up for garden gigs, immersive studio spaces, DJ sets and fried chicken from ‘Butchies’ and gin mixing all a world away from the hustle and bustle below. www.johnlewis.com/ourservices/roof-garden

Fri 25 May-Sun 27 May, 10.30am to 2pm

JAM ON RYE Peckham Rye

Mon 27 May, 11am The line-up promises laid-back mix reggae, afrobeat and new wave jazz, while sizzling street food stalls offer everything from pizza and vegan tacos to gingerbeer battered nuggets. Line-up includes David Rodigan, Horace Andy, Earl Gateshead, Brother Culture, Mungo’s Hi Fi. www.eventbrite.co.uk

FRIENDS’ ART EXHIBITION Horniman Museum

Sat 2 June-3 Sun 3 June, 10.30am-4.30pm The 27th annual Friends’ Art Exhibition showcases paintings, prints, textile art and sculptures from South London’s artistic community. All works by both new and established artists in the local area in the Horniman Conservatory are for sale and proceeds support the museum’s projects. www.horniman.ac.uk

Sun-Wed, noon-9pm and ThursSat, noon-11pm

FIELD DAY Brockwell Park, Herne Hill Fri 1 Jun 1-Sat Jun 2

One of London’s very best music festivals moves south west from London’s Victoria Park after a successful decade. Friday’s line-up, features the cream of London’s ripe jazz scene followed by Saturday’s starry bill. www.fielddayfestivals.com

FULHAM BEACH CLUB Neverland, Parsons Green

OPEN GARDEN SQUARES WEEKEND

Tucked away by the Thames, Fulham Beach Club offers Sunday bottomless brunches, yoga sessions on the beach, cocktail masterclasses, glitter artists, sand sculpting, croquet, table tennis and more. You’ll find cabanas, daybeds, beach huts and, of course, truck loads of sand. And if you want that VIP, full-on resting beach face experience, you can pay extra to hire beach huts and partybeds. www.neverlandlondon.com

More than 200 gardens across London – most of which are usually closed to the public – will unlock their gates for a whole weekend for this annual event. Spanning 27 boroughs, the gardens take in all sorts of spaces, from traditional squares to roof terraces and allotments, as well as gardens belonging to historic buildings, schools, shops and cafés. www.opensquares.org

Until Fri 31 Aug, Wed-Sun

RODIN AND THE ART OF ANCIENT GREECE British Museum UNTIL 29 JULY

A hundred years after his death, see works by the greatest sculptor of his era in a new light, alongside the ancient works, including the Parthenon sculptures, that inspired him. www.britishmuseum.org

Sat 9 Jun-Sun 10 Jun

HAMPTON COURT PALACE FESTIVAL Hampton Court Palace Tue 5 Jun-Sat 23 Jun

This open-air concert series in the lovely grounds of Hampton Court Palace offers a genteel take on the summer festival with Lionel Richie, the Beach Boys and Tom Jones crooning away to the night sky. Pimp your pre-gig picnic by hiring a waterside gazebo. www.hamptoncourtpalace festival.com/artists

ZIP NOW LONDON Archbishop’s Park, Lambeth Until Sun 9 Sep

Feel the wind blowing through your hair as you hurtle along this 225-metre zip wire descent in central London. Take in the sights of the London Eye and the Houses of Parliament while zooming through the air and see if you can handle the daredevil dive’s new ‘Mega Drop’ free fall experience. www.zip-now.co

FRIDA KAHLO: MAKING HER SELF UP V&A Sat 16 Jun-Sun 4 Nov

An exhibition dedicated to the incredible collection of personal artefacts and clothing belonging to iconic Mexican, Frida Kahlo. They have been locked away for 50 years, following the artist’s death, and never seen outside of her native country. Expect some exceptional dresses and envyinducing possessions. www.vam.ac.uk/exhibitions/ frida-kahlos-wardrobe

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17/05/2018 10:54

Laitwood Road, Balham SW12

Asking Price: £1,150,000 Freehold

A stunning townhouse that sits in one of Balham’s most sort after locations just moments away from all of the excellent amenities, restaurants & bars on Balham High Road. This very attractive double bay fronted townhouse benefits from being extended to both the ground floor with a well-thought-out side return extension creating a lovely kitchen/breakfast room and a loft conversion offering an extra bedroom with fitted wardrobes & en-suite facilities. Transport links are excellent with Balham tube station located only 5-10 minutes’ walk away which is served by the Northern line & Balham train station providing superb Overground rail network access. EPC EER D.

Balham Sales: 020 8772 9373

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Balham Balham 020 020 8772 8772 9373 9373 balham@lauristons.com balham@lauristons.com

Battersea Battersea 020 020 7978 7978 5800 5800 battersea@lauristons.com battersea@lauristons.com

Kennington Kennington 020 020 7385 7385 2296 2296 kennington@lauristons.com kennington@lauristons.com

Land Land 020 020 8943 8943 2211 2211 land@lauristons.com land@lauristons.com

New New Homes Homes 020 020 8879 8879 9099 9099 newhomes@lauristons.com newhomes@lauristons.com

Putney Putney 020 020 8780 8780 8780 8780 putney@lauristons.com putney@lauristons.com

Wandsworth Wandsworth 020 020 8417 8417 8054 8054 wandsworth@lauristons.com wandsworth@lauristons.com

Wimbledon Wimbledon 020 020 8946 8946 9468 9468 wimbledon@lauristons.com wimbledon@lauristons.com

Faraday Road, Wimbledon SW19

Asking Price: ÂŁ995,000 Freehold

This superb extended terraced Victorian family home is situated in the sought-after South Park Gardens only a short walk to Wimbledon mainline station and the variety of shops, bars and restaurants in Wimbledon town centre. This delightful property has been lovingly refurbished by the present owners to a high standard, the accommodation includes a large open plan reception area opening onto your fully fitted kitchen/diner, also on the ground floor is a utility room and the essential for all family homes the downstairs cloakroom. The first floor has two double bedrooms and a single and the family bathroom, on the second floor is the fourth bedroom with an en suite shower room. Outside you have a private rear garden. EPC EER E

Wimbledon Sales: 020 8946 9468

www.lauristons.com www.lauristons.com

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16/05/2018 13:27

Molasses House, Battersea SW11

Asking Price: ÂŁ899,999 Leasehold

Molasses House is situated in Plantation Wharf, a popular and well-established development set on a prime stretch of the River Thames. Stretching to nearly 1180 sq. ft, the apartment is incredibly spacious and well laid-out. Situated in lively Battersea and within walking distance to the beautifully landscaped York Gardens Park. This riverside property is also in close proximity to Battersea Park where the prestigious Formula E Championship racing was held. Molasses House offers award-winning contemporary apartments with fantastic on-site facilities. This stylish building offers highly desirable, luxury riverside living with spectacular views across the River Thames and towards Battersea Park. Plantation Wharf is 0.5 miles to Clapham Junction Railway station. EPC EER C

Battersea Sales: 020 7978 5800

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