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REVIEW LONDON PROPERTY

CITY, ISLINGTON & DOCKLANDS

JANUARY 2013

Star penthouse High-spec revamp is Quay

Islington

You can live like Boris

Fitz and Blooms In the spotlight with record prices City Cover Jan 2013.indd 1

19/12/2012 14:26


The Heron, Barbican EC2Y

A fabulous new development in the heart of the City A 36 floor residential tower offering a striking addition to the City skyline with a fusion of contemporary architecture and sophisticated design. Bedroom, bathroom, reception room, kitchen, lift access, each resident will also have access to The Heron private club and roof garden. Approximately 55sq.m (592sq.ft)  

        KnightFrank.co.uk/Islington islington@knightfrank.com 020 3551 2471

Leasehold Guide price: £795,000  

 

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LPR Full Pg - The Heron - 11 December 2012 - 28795

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LPR


:25

College Cross, Islington N1

A beautiful 2 bedroom apartment moments from Upper Street A beautifully presented two bedroom ground floor apartment in Barnsbury. 2 bedrooms, bathroom, reception room, kitchen, private terrace as well as access to comunal garden. Approximately 64sq.m (689sq.ft) Leasehold

        KnightFrank.co.uk/Islington islington@knightfrank.com 020 3551 2471

Guide price: £650,000  

 

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LPR Full Pg - 7,2-4 College Cross - 11 December 2012 - 28797

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contents JANUARY

58

20 NEWS AND FEATURES

14

MARKET VIEW New Year optimism.

There’s plenty to be positive about in the property market, reports Robert Bailey.

34

14

NEWS Homes shortage. Buyers are demanding but agents don’t have properties to sell them, reports Cheryl Markosky.

15

NEWS Families in the minority. Couples

16

MONEY First choices. Latest statistics

16

MONEY Appetising loans. House

16

BEST BUYS Fixed, discount or tracker – check out the facts, figures and

purchases and remortgages are picking up as the market improves.

interest rates from our current top ten mortgages.

are competing for three-bedroom apartments in Canary Wharf and Wapping.

show that first-time buyers are returning, reports Duncan Farmer.

60 4 City Contents DPS.indd 1

19/12/2012 14:24


19

REVIEW LONDON property

PUBLISHING Publisher Richard Nugent 07964 384341 propertyreview@hotmail.com EDITORIAL Editor Bob Stonebridge 01536 330314 cityeditorial@propertyreview.org.uk Contributors Cheryl Markosky Duncan Farmer Robert Bailey

FOR SALE & TO RENT

19

ISLINGTON, HIGHBURY, CANONBURY, BARNSBURY, ANGEL Living like Boris. The Mayor of London

Cover Photo: © Nick Reynolds Photography – www.shutterstock.com

could be one of your neighbours at a five-bedroom Islington house where a high-spec refurbishment has just been completed.

DESIGN & PRODUCTION Caroline Nall 01536 418181 city@typestart.co.uk Typestart Limited, 1 Rothwell Grange Court, Rothwell Road, Kettering, Northants NN16 8FB www.typestart.co.uk

34

BLOOMSBURY, SHOREDITCH, CLERKENWELL, SPITALFIELDS, MOORGATE, LONDON FIELDS Fitz and starts. Property prices in Fitzrovia and Bloomsbury

SUBSCRIPTIONS 01536 330314 or subscriptions@propertyreview.org.uk

are predicted to soar as more buyers appreciate their village charms.

Property Review 23a St James’s Street, London SW1A 1HG

58

SHAD THAMES, WAPPING, ISLE OF DOGS, CANARY WHARF, LONDON BRIDGE, BERMONDSEY, ROTHERHITHE Star penthouse. Seven

© Copyright Property Review. No part of this magazine may be reproduced without the prior permission of the publishers. Property Review cannot be responsible for unsolicited material. All prices are correct at time of going to press but are subject to change.

terraces and spectacular views of the Shard and St Katharine Docks are the shining attractions of this Quay property.

34 5 City Contents DPS.indd 2

19/12/2012 14:24


St John Street, Islington EC1V   The heart of Angel

Extremely well presented one bedroom flat to rent over the ground and lower floors of this period house in a very favourable location in the heart of Angel. With double reception room, separate modern kitchen leading to a conservatory which further leads to a private garden, large double bedroom and bathroom. The property offers spacious accommodation in an amazing location. Available furnished Guide price: £495 per week

Islington Lettings KnightFrank.co.uk/Islington IslingtonLettings@knightfrank.com 020 3641 5896  

Rosebery Avenue, Islington EC1R 

Luxury serviced apartments Luxury serviced apartments within this beautifully Victorian red brick building in the heart of historical Clerkenwell and is ideally located for Exmouth market, Islington's Upper Street and access to central London. Spacious throughout and with luxury living at its best the property is completely renovated throughout with a luxury bathroom and modern kitchen. Furnished to the highest standard with weekly maid service.

B

Available furnished Rents ranging from £1000 - £1487 per week

Islington Lettings KnightFrank.co.uk/Islington IslingtonLettings@knightfrank.com 020 3641 5896  

6 KF output city Jan 2012.indd 6

Property Review half page January 2012 - 12 December 2012 - 28847

19/12/2012 11:53

12/12/2012 13:56:46

Lond


:46

Bezier Apartments, Islington EC1Y Iconic City apartment

Large 7th floor one bedroom apartment to rent in the outstanding Bezier development moments from Old Street underground station and a short walk in to the City. This modern 750 sq ft apartment faces the front of the building and boast a spacious fully fitted open plan kitchen reception room, stone flooring, contemporary bathroom suite, under floor heating, floor to ceiling windows, air conditioning, 24 hour concierge, communal gym and 13th floor south facing terrace.

Islington Lettings KnightFrank.co.uk/Islington Islingtonlettings@knightfrank.com 020 3641 5896

Available furnished Guide price: £595 per week    

KF output city Jan 2012.indd 7

London Property Review January 2012 - 12 December 2012 - 28846

19/12/2012 11:53

12/12/2012 14:18:39


Benbow House, Southbank SE1   Spectacular views

A modern and stylish apartment to rent in this prestigious development next to the Globe Theatre. 2 bedrooms, 2 bathrooms, reception room with dining area, fully fitted kitchen, large balcony, porterage, parking for two cars and amazing views across the River Thames to St Pauls Cathedral and beyond.   To Let Furnished Guide Price: £750 per week

KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 7480 6848 (ASP86384)

Ivory House, St Katharine Docks  E1W   Dockside location

A lovely apartment to rent in this popular warehouse conversion over looking the charming St Katharine Docks. 2 bedrooms with a dressing room to the master bedroom, 2 bathrooms, recpetion room opening onto a private balcony, fully fitted kitchen, exposed brickwork, stone flooring and a porter service.   To Let Furnished Guide Price: £695 per week

KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 7480 6848 (ASP164940)

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Prop REV Jan 2013 HP 1 - 12 December 2012 - 28848

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12/12/2012 14:19:19


:19

Binnacle House, Wapping E1W   Brand new apartment

A beautifully presented apartment to rent in the brand new Ballymore development, 21 Wapping Lane. This lovely studio apartment comprises a separate sleeping area, modern and functional fully fitted kitchen, fantastic shower room, private balcony, excellent storage and a porter service.    Available furnished Guide Price: £295 per week

KnightFrank.co.uk/Lettings wapping@knightfrank.com 020 7480 6848 (ASP171083)

NEO Bankside, Southbank SE1   Luxury apartment

A stunning 9th floor apartment to rent in this award-winning Rogers Stirk Harbour + Partners development. 2/3 bedrooms, 2 bathrooms (1 en suite), spacious reception room with floor to ceiling windows which leads onto a lovely winter garden, open plan kitchen, stylish furnishings and a 24 hour concierge service.    Available furnished Guide Price: £1,250 per week

KnightFrank.co.uk/Lettings wapping@knightfrank.com 020 7480 6848 (ASP167451)

9 KF output city Jan 2012.indd 9

LP Review Jan 2013 HP 2 - 12 December 2012 - 28852

19/12/2012 13:15

19/12/2012 13:00:10


no cars

no boats

no recipes

just property

www.londonpropertyreview.co.uk

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19/12/2012 12:00


We’re not just big in property, we’re the best.

Hamptons International wins Large Estate Agency of the Year 2012. To find out how our industry-leading approach could benefit you, contact us today. We’d be delighted to help. Hamptons City & West End 15 Queen Street, The City, London EC4N 1TX Sales. 020 7717 5435 city@hamptons-int.com Lettings. 020 7717 5437 citylettings@hamptons-int.com www.hamptons.co.uk Please dial in full. If you have already appointed another agent, you may be subject to a restrictive contract.

Hamptons output.indd 1

Beyond your expectations

11 19/12/2012 14:34


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

O N LY O N E R E M A I N I N G

Camberwell Grove

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Beautifully styled 4 bed townhouse on Camberwell’s most historic grove. Every modern convenience is at your fingertips, from the audio system to the integrated wine cooler. Camberwell grove is famous for having some outstanding examples of regency and Georgian architecture. Add the superb train connections, excellent schools and boho local amenities for the full, splendid story.

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19/12/2012 12:01 10/12/2012 14:45


LONDON PROPERTY

REVIEW

Market view Property finder Robert Bailey is relatively optimistic for the New Year ahead. There is actually quite a bit to be positive about when looking ahead into the New Year, especially when it comes to the property market. It was widely feared that Chancellor George Osborne would be forced to target high-net-worth individuals as part of last month’s Autumn Statement. The ‘quid pro quo’ for cutting benefits, many reasoned, was that he would also have to increase taxes on the rich to appease other members of the Coalition. Those of us in the property industry were understandably concerned as the spring Budget was an open attack on the prime Central London market and the repercussions are still being felt. With little warning, George Osborne introduced punitive taxes on any ‘non-natural persons’ buying residential property above £2 million and established a new stamp duty threshold. This affected numerous ongoing sales and did little to remedy the stamp duty avoidance Osborne was trying to tackle. However, last month’s Autumn Statement was not as bad as many agents feared. Industry figures were braced for yet another surprise announcement, but thankfully the property market has emerged relatively unscathed this time. Pensions have been plundered but I think few people are putting their faith into private pensions these days anyway. A host of predictions for 2013 is now appearing, but there seems to be a general consensus that the market will flat-line this year. No one I speak to is particularly concerned about this as 2012 bested all forecasts. A year of relatively modest or even no growth is no bad thing as I think we all know that double-digit house price growth is unsustainable over the long term. I would even go so far as to say that some pundits are hedging their bets and predicting no growth this year but secretly thinking we might see very modest price increases. There is still an imbalance between supply and demand that does not look likely to be resolved any time soon, and London continues to top lists for the best city in which to do business. With no major developments reaching completion until 2014, we are still likely to be frustrated by a lack of stock. Personally, I would like to see a subdued year. It has been such a frenzied market that even properties that were in less than perfect condition, and in less than perfect locations, were achieving top dollar. More modest house price growth will hopefully introduce a little more common sense and stamp out some of the greed that characterised the market in 2012.

We’re short of homes to sell Cheryl Markosky brings you the latest word on the streets There doesn’t appear to be any reason why everything won’t tick along as it has in 2012 over the coming year, thinks Sarah Shelley, head of Knight Frank’s Wapping office. “As long as sellers don’t insist on ridiculous prices for their homes that then stick on the market, it should be business as usual,” she says. Shelley explains that there is demand from buyers, “but we don’t have the properties to sell to them. There’s huge demand, in particular, for houses, but there aren’t that many in Wapping, as they don’t build them.” She adds that it doesn’t help that when planners originally regenerated the area, they were thinking in terms of professional working couples in City institutions. “They didn’t know yet who would be here. Those young couples have grown up, had families and want to stay in the area – but there isn’t much for them to buy.” Shelley predicts more investors coming into the East End in 2013. “Buy-to-let’s on everybody’s minds, as they see owning an investment property as an alternative to a pension.”   James Marshall at Kinleigh Folkard & Hayward’s Islington branch foresees 2013 looking positive and the initial

outlook is that it will be busier than ever, with many homes coming to market and demand staying high. “We’re already being approached by vendors keen to launch their homes to the market in early January, so preparations are under way to ensure photos, floorplans and other marketing materials are in place. Currently, there’s an increase in City workers and overseas investors registering who are keen to invest their money in Islington, as it’s seen as one of London’s most desirable locations for investment. Buy–to–let is a huge force in the property market here and rentals have increased by roughly 8 per cent, offering great returns for any investor,” he says. Mariel Roe of Felicity J Lord expects price rises witnessed of late to slow rather than stop in 2013. “We’re forecasting increases of 2.5 to 3.5 per cent this year, compared to 11 per cent over the last 12 months. The introduction of the 7 per cent stamp duty tax threshold has certainly had an impact, in spite of what some commentators may say, reducing competition for homes valued between £2 million and £5 million.” Roe adds that most of the activity she’s been seeing across Islington, City and the Docklands has been for properties worth less than £2 million, or more than £5 million.

“Buy-to-let is on everybody’s minds. They see owning an investment property as an alternative to a pension”  Sarah Shelley, Knight Frank Wapping

14 DT News DPS.indd 1

19/12/2012 12:43


LONDON PROPERTY

REVIEW

Families are in minority Shearwater Court

New Year’s resolution: buy a new home It might be a bolder move than vowing to lose a stone or to get to that spinning class more often, but why not make 2013 the year to purchase a new property? A two-bedroom lower and raised ground floor maisonette on Thornhill Crescent, Barnsbury (on the market through Kinleigh Folkard & Hayward Islington 020 3441 3419) could be ideal for a young couple or family. An investor might be keen too, as there are two double bedrooms, so sharers won’t be drawing straws to see who ends up in the box room. Other pluses are the master en suite, period features, private garden, views of the square and a long lease. For those with a bit more cash in the bank, a £4.95 million four-bedroom penthouse at Shearwater Court, St Katharine Docks is for sale (through Knight Frank Wapping 020 7480 6848). “It’s the biggest flat in City Quay development that has been changed considerably from its original layout and totally upgraded on specifications,” says Sarah Shelley, head of Knight Frank’s Wapping office. “The penthouse comes with air-conditioning, a lift serving both floors, two underground parking spaces and 24-hour porterage and security.” Shelley also points out that the architect-designed penthouse has fabulous west-facing terraces, which will come into their own in summer, as well as be great vantage points for sunsets.

Only 18 per cent of buyers in Canary Wharf and a whopping 59 per cent in Wapping are from the UK. According to new statistics from Savills, Asian demand now accounts for approximately 30 per cent of all purchases in these two East London zones. “Of 16 properties we currently have under offer, six are to Asian purchasers in Canary Wharf,” points out Lauren Ireland, head of Savills Canary Wharf. She’s also witnessed a growth in demand from distressed eurozone countries, with one Greek buyer who recently bought two apartments. Many of the eager investors, from the UK and overseas, are after new homes, says Matt Leitch, Savills Docklands developments manager. Although the appetite for shiny new residences is high, he notes there is little stock currently being marketed. “Pipeline delivery should improve over the next five years,” Leitch suggests, “which will satisfy buyers predominantly from the financial, business and professional service sectors.” Creative and media types favour Wapping and Limehouse, while peripheral areas such as Whitechapel and Stepney are proving popular with first-time buyers and investors, due to good rental yields at about 6 per cent. Crossrail is also adding interest due to new stations being built in Canary Wharf and Whitechapel. Families are certainly a minority (less than 10 per cent) due to the type of stock available. These areas lack traditional family houses, many of which were bombed during the war, and many three-bedroom apartments are scooped up by couples. Due to a lack of landmass, towers are still very much the norm in central Canary Wharf, with limited sites with decent space currently in planning. “A younger purchaser (25 to 35 years old) is prevalent in all these areas now, with the more mature buyer working here but living in more affluent and leafy parts of the capital,” Leitch adds.

“Demand from Asia now accounts for around 30 per cent of all purchases in Canary Wharf and Wapping” Thornhill Crescent

Lauren Ireland, Savills Canary Wharf

15 DT News DPS.indd 2

19/12/2012 12:43


LONDON PROPERTY

REVIEW

MONEY

Regain your mortgage appetite There are signs that the market weakness of recent months may be coming to an end, according to the Council of Mortgage Lenders. It estimates that total gross lending recovered to £12.9 billion in October, which would reverse the sharp dip reported for September, and imply that lending was 4 per cent higher than the year earlier. House purchase and remortgage activity are both likely to have picked up in October, in keeping with the underlying improvement in Bank of England approvals data over recent months. The CML believes that special factors have distorted the monthly pattern of house purchase activity, but the underlying picture appears to have settled into a pattern of modest year-on-year growth. Over recent months the cumulative effect of increases in standard variable rates by some mortgage firms and more competitive mortgage deals – on the back of better funding conditions – appears to have re-kindled some remortgaging appetite. It says that one important development for the market is that the upward pressure on new mortgage rates – evident during the first half of year – has shown signs of abating in recent months.

First choices Statistics show first-time buyers are back, reports Duncan Farmer Latest mortgage statistics reveal that in the past three months 10,000 firsttime buyers took out a loan to buy a house or flat in London – that’s the highest number for three years. While overseas buyers have been credited with pumping vast amounts of cash into prime London property since the credit crunch, news that home-grown firsttime buyers are back will help to keep the city’s market ahead of the problems seen in the rest of the country. London’s housing market is unique: at 50 per cent, the level of home ownership is the lowest in the UK, yet because the city is so large it has nevertheless accounted for 28 per cent of the value of all first-time buyer lending in the UK over the past year. First-time buyers here are also better off. Figures from the Council of Mortgage Lenders show that the average young buyer in London puts down a deposit of 25 per cent, compared with 20 per cent in the rest of the country. Bearing in mind that the capital’s house prices are much higher than elsewhere in the UK, this is no mean feat. First-time buyers are older in London (with an average age of 31) compared with the rest of the UK (average age 29) and therefore have more time to build savings and get better-paid jobs. Parental

SEEKING FIXED-RATE SECURITY

HSBC is launching a direct-only two-year fixed rate of 1.99 per cent for buyers with deposits of at least 40 per cent of the purchase price. The lender is also cutting rates on a number of existing two and five-year mortgage deals. A two-year fixed rate of up to 60 per cent loan-tovalue is now available at 2.49 per cent, down by 0.30 per cent, and with a £599 fee. A five-year fixed rate is available at 3.19 per cent, down by 0.10 per cent with a £499 fee, while a fee-free option is available at 3.39 per cent, down by 0.10 per cent. “While there remains a low expectation of bank base rate increasing in the near future, it has been a week of surprises at the Bank of England and as yet we don’t know whether the new Governor will bring a change of heart within the monetary policy committee,” says HSBC head of mortgages Peter Dockar. “We have seen increasing numbers of customers seeking the security of a fixed rate and I expect this trend to continue. With the security of our retail deposit funding, HSBC is committed to offering competitive rates to benefit our customers.”

assistance is also greater here. Recent estimates indicate that only 28 per cent of first-time buyers in London bought without help from their parents, compared with 34 per cent in the UK overall. Their incomes in the capital are higher too. The average first-time buyer household in London had an income of £50,000 compared with £34,000 in the rest of the country. They borrowed an average of 3.5 times their income with mortgage payments typically consuming 21.3 per cent of net income, compared with figures in the rest of the UK where the average income multiple amounted to 3.25, and 20.1 per cent of income was taken by mortgage payments. First-time buyers in London make up a larger proportion of the total mortgage market – around 50 per cent compared with 40 per cent in the UK overall, reflecting demographics in London where there tend to be more young people of a typical first-time buyer age. The news that this sector of the market is not only holding its own but is growing is great news for people looking to buy and sell throughout the whole of the London market. Foreign money is still coming in, but this stronger support at the very bottom of the market will give the whole property ladder more support and sustainability.

Current Best Buy Mortgages

Fixed Rates

Source: Charcol Ltd 0800 718191 www.charcol.co.uk

LENDER Clydesdale Accord

CURRENT RATE 2.29% 2.79%

UNTIL

GO TO RATE

THE OVERALL COST FOR COMPARISON IS

MAX ADV

HIGHER LENDING CHARGE

28/2/15

4.95%

4.8% APR

60%

None

5.99%

5.6% APR

70%

None

29/2/16

Coventry

2.99%

31/12/16

4.49%

4.3% APR

65%

None

Accord

3.09%

29/2/18

5.99%

5.5% APR

70%

None

EARLY REPAYMENT CHARGE (ERC) 3/2% to 28/2/15. Can repay up to 10% p.a. ERC free. 3% to 29/2/16. Can repay up to 10% p.a. ERC free. 3% to 31/12/16. Can repay up to 5% p.a. ERC free. 5/5/5/4/3% to 29/2/18. Can repay up to 10% p.a. ERC free.

LENDER FEE

LENDER EXIT FEE

NOTES

£1,999

£195

On remortgages free valuation and free legal fees

£995

£90

Flexible

£999

£125

Free valuation. On remortgages free legal fees.

£995

£90

Flexible

Coventry

3.99%

31/12/17

4.49%

4.4% APR

85%

None

None

£999

£125

Free valuation. On remortgages free legal fees. Flexible.

Abbey for Intermediaries

4.99%

2/2/18

4.74%

4.8% APR

90%

None

5% to 2/2/18. Can repay up to 10% p.a. ERC free.

Nil

£225

First Time Buyers only.

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19/12/2012 14:26


LONDON PROPERTY

REVIEW

Patrick pontificates Patrick Bullick, MD of Stanley Chelsea and chairman NAEA London Region, holds forth

Clearance sale bargains It might be rare for banks and building societies to hold sales, but Abbey has just held a seven-day clearance sale of cheap money through its network of brokers. Its best offer was a two-year fixed rate loan at 2.89 per cent available for buyers with deposits of at least 25 per cent of their purchase price. The mortgage, which went on sale at the beginning of December, had a £995 fee and a maximum loan size of £1million and was available to homebuyers and remortgage customers. In November Abbey for Intermediaries launched a 1.99 per cent two-year fixed rate, which was available for only seven days, so such sales may be a regular event, but as the deals are available only through its approved agents, anyone hoping to cash in should contact a broker. Abbey has also launched two loans for first-time buyers with only ten per cent to put down: a 4.79 per cent three-year fixed rate up to 90 per cent LTV with no fee which is available to first-time buyers only. There is also a tracker version of the product priced at 4.29 per cent above base rate.

Good news for overseas landlords who hold their valuable UK residential properties in offshore companies. They can breathe a sigh of relief after the Chancellor’s latest statement on property taxes. He has now said that only those who keep their property un-let will be charged the 15 per cent stamp duty applicable since April 2012 on purchases of properties with a value over £2 million by a ‘non-resident non-natural’ – that is, offshore companies. Plus, they will be exempted from the brand new tax called Annual Residential Property Tax (ARPT) to be levied on properties held in this way and not let out.  Capital gains tax will not apply to properties ‘genuinely used’ as rental investments.  This all means that the scope of the Chancellor’s onerous new taxes is largely limited to properties over £2 million in value which are kept empty or used as a London pad by people holding the asset in an offshore company name.  Sales transactions over £2 million in central London have been sclerotic since the last budget when the Chancellor flagged the fact that he was going to introduce new taxes, but did not give clarity as to what they would be and how they would be implemented.

Lack of clarity has made overseas investors cautious and current property owners uncertain as to how to respond. So with the ambiguities largely settled, I fully expect there to be more activity in the sales market in the New Year.  With foreign owners motivated to avoid taxes, we may also see more properties come onto the lettings market, which would increase supply. This will inevitably have a constraining affect on rents, which may not be considered ideal for landlords but will be appreciated by tenants and the economy as a whole.  Long term, I do have concerns that these new taxes will turn out to be the thin end of the wedge. Once the Treasury have it on the statute books that they can charge CGT, ARPT and high rates of stamp duty on properties over £2 million held by offshore companies, what is to stop them rolling them out to individual non-resident owners? A hint of this came in the Chancellor’s announcement when he surprised everyone by suggesting that they will be looking at charging CGT on UK companies selling properties over £2 million as well.  If I were a landlord, being super cautious, I would suggest buying investments under £2 million and in their own name.

Variable Rates (Tracker & Discount Off SVR) LENDER

CURRENT RATE

DISCOUNT AND TERM

GO TO RATE

THE OVERALL COST FOR COMPARISON IS

MAX ADV

HIGHER LENDING CHARGE

EARLY REPAYMENT CHARGE (ERC)

LENDER FEE

LENDER EXIT FEE

NOTES

Bank of China (UK)

3.18%

Bank Rate + 2.68% for term

N/A

3.3% APR

80%

None

1% in 1 year on full repayment. Unlimited ERC free part redemptions allowed.

£1,245*

£95

On remortgages free legal fees. *Up to £500,000. For loans up to £1m: £2,495: up to £1.5m: 0.5%; above £1.5m: 1%.

Hinckley & Rugby

3.79%

1.85% discount off SVR for term

N/A

3.8% APR

85%

None

Nil

£1,090

£150

Offset. Free valuation. On remortgages free legal fees

Melton Mowbray

5.39%

SVR + 0.4% for 3 years

4.99%

5.1% APR

95%

None

3.25% for 3 years. Can repay up to 10% p.a. ERC free.

£998

£140

First Time Buyers only. Offset. Not available within M25

17 DT Finance DPS.indd 2

19/12/2012 14:26


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£575,000

Seddon House, Barbican, EC2Y

£425 PER WEEK

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£725,000

Temple House, Temple, EC4Y

£535 PER WEEK

One bedroom, original kitchen, original bathroom, Study area, balcony, fifth floor, approx. 730 sq. feet, Close to Moorgate

Two bedrooms, En suite shower room, wood flooring, fourth floor, day porter, close to Monument Underground station

Two bedrooms, well fitted kitchen, wood flooring, en suite shower, balcony, day porter, secure underground parking.

18

Studio apartment, furnished, first floor. Carpeted flooring. Communal roof terrace, swimming pool, sauna and gym. Available immediately.

Large one bedroom, balcony, original kitchen & bathroom. Offered furnished or unfurnished. West Aspect, third floor. Available immediately.

Two bedroom apartment, two bathrooms, wood flooring. Furnished, fitted kitchen. Balcony, day concierge. Great location. Available immediately.

122 Newgate Street London EC1A 7AA +44 (0)20 7600 0026 www.scottcity.co.uk Email: property@scottcity.co.uk

Scott City FP 1

19/12/2012 11:40


LONDON PROPERTY

REVIEW

Immaculate A classic flat-fronted period house for sale in the Barnsbury conservation area has four bedrooms: one on each of its four floors. The lower ground floor contains a bedroom, bathroom and store, and the ground floor includes a dining room with period fireplace, Welsh slate floor, and double doors to the kitchen. More double doors lead to a balcony with steps to a 17ft paved rear patio garden with external lighting and water at the rear. There’s a 15ft paved garden at

the front of the house. On the first floor is a through reception room with a solid wooden floor, two full-height sash windows at the front and another sash window at the rear. The top floor contains the master bedroom and a bathroom, and the 1655 sq ft property is said to be in ‘immaculate decorative order’. Cloudesley Road, Barnsbury N1, £1,795,000, Hugh Grover 020 7226 1010

WHY CHOOSE HUGH GROVER ASSOCIATES

GREAT CUSTOMER SERVICE REALISTIC TRANSPARENT HELPFUL Call 020 3435 4656 and join over 5,000 homeowners that have trusted Hugh Grover Associates to sell their home.

Contemporary kitchen diner Halton Road in Islington has a Grade II listed house offering four floors of living space close to the pleasures of Upper Street. Said to be in ‘excellent decorative order’, the 1232 sq ft home features a lower ground floor containing an impressive contemporary kitchen, dining and living area with a dual aspect. The ground floor has a reception room that leads to an 18ft rear garden, complete with storeroom, and there are three bedrooms and a bathroom on the top two floors. Behind Islington Town Hall, Halton Road runs between Essex Road and Canonbury Road. Angel and Highbury & Islington stations are both easy walking distance.

www.inhughwetrust.com

325 Upper Street London N1 2XQ

Halton Road, Islington N1, £1.1m, Carlton 020 7359 0000 DPS_ADVERT_LonPropRev-63x260.indd 1

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LONDON PROPERTY

REVIEW

Parliament Hill adventures right by your front door Parliament Hill Fields in the southeastern corner of Hampstead Heath is just 300 metres from the front door of a refurbished house for sale in Highgate. The detached period property at Grove End Lodge has been renovated throughout while still retaining many of its original features. Living space totalling 2530 sq ft on four floors includes four double bedrooms, a double reception room, and a kitchen diner. A self-contained studio flat on the lower ground floor could be used as staff accommodation, office or study, or fifth bedroom. The kitchen on this level, featuring a dumb waiter to the reception above, has doors to a 14ft wide courtyard.

The four bedrooms and two bathrooms (one en suite in the master) are on the first and second floors. The property in Highgate Road has a 21ft walled garden at the front and a 41ft garden at the rear. Grove End Lodge is 300 metres from Gospel Oak tube station and 500 metres from Kentish Town overground station. Parliament Hill is famous for its spectacular lofty views across London. The surround Parliament Hill Fields offer a public lido and a farmers market, as well as an adventure playground and plenty of sporting facilities. Grove End Lodge, Highgate Road, Highgate NW5, £2.65m, Knight Frank Islington 020 3551 2471

“A beautiful family home, this stunning detached house has been refurbished throughout whilst retaining many period features” Daniel Omell, Knight Frank Islington

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LONDON PROPERTY

REVIEW

Living near Boris Facing Duncan Terrace and St John the Evangelist Church, a five-bedroom house is available to let in prime Islington’s Colebrooke Row, where the local residents include London Mayor Boris Johnson. Refurbished throughout to excellent specifications, the property generous and flexible living space that balances period features with contemporary fixtures and fittings. A double reception room on the raised ground floor has large windows and wood flooring. Stairs lead down to a superb kitchen and dining area on

the lower ground floor, which also has a separate utility area. On the upper three floors are five double bedrooms and two bathrooms, including a superb family bathroom with separate bath and shower. Standing on the section of Colebrooke Row between Noel Road and Gerrard Road, the 2800-plus sq ft house includes a walled garden accessed from the lower ground. Colebrooke Row, Islington N1, £1750 per week unfurnished, Cluttons 020 7354 6666

Flexibility for granny Flexible living space is on offer at a family house on the corner of Huntingdon Street and Crescent Street in Islington. Currently it has seven bedrooms including a self-contained flat for granny or nanny at lower ground floor level. Off-street garage space has direct access into the kitchen. The house wraps around the 40ft garden on its corner plot and includes two secluded terraces. The garden catches the sun from both east and west. Set in a quiet cul-de-sac in the Barnsbury conservation area, the 3650 sq ft property has views onto Barnsbury Woods. Upper Street is a short walk away. Huntingdon Street, Islington N1, guide price £2.5m, Savills 020 7354 6701

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I S L I N GTO N | H I G H B U RY | C A M D E N

NOW AVA I L A B L E IN NORTH LONDON PRECISE VALUATIONS CRYSTAL CLEAR COMMUNICATIONS RAzOR SHARP RATES

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D o w n h a m R o a D n1 Immaculate 4 storey home with 57’ garden

h I g h b u R y n e w Pa R k n 5 a charming raised ground floor period conversion with roof terrace

£1,200,000 Freehold

£395,000 Share of Freehold

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NOW AVA I L A B L E IN NORTH LONDON PRECISE VALUATIONS CRYSTAL CLEAR COMMUNICATIONS RAzOR SHARP RATES

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S t r a d b r o k e r o a d, n 5 two bedroom period split level maisonette with roof terrace

H o x to n S q u a r e n1 Stunning live/work unit overlooking the square

ÂŁ610,000 Share of Freehold

ÂŁ650 pw

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020 7226 1010

sales

325 Upper Street, London, N1 2XQ www.hughgrover.co.uk

Cloudesley Road, N1

Freehold

£1,795,000

4 Bedrooms • 2 Bathrooms (1 En Suite) • Through Reception Room • Dining Room • Kitchen • Neat Front Garden • Paved Rear Patio Garden • Retains Period Features • Immaculate Decorative Order Throughout • Classic Flat Fronted Period House in the Barnsbury Conservation Area 28 Hugh Grover DPS.indd 1

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020 7226 1010

sales

325 Upper Street, London, N1 2XQ www.hughgrover.co.uk

Morton Road, N1 1 Bedroom

Leasehold

£395,000

Bemerton Street, N1 2 Bedrooms

Leasehold

Arundel Square, N7 1 Bedroom

Leasehold

£399,950

St. Philip’s Way, N1 2 Bedrooms

Freehold

£379,950

£925,000

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Currell Residential Worship Street, EC2A £635,000 – £1.25m

• 1 to 2 Bedrooms • Ecologically conscious luxury living • Balcony or a terrace to all apartments

• Air conditioning • Parking available with separate negotiation

Angel Southside, St John Street, EC1V £599,950

• Two bedrooms with en-suite bathrooms • Private patio

• Concierge • Secure gated parking • Close to Angel underground station

Visit us online

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Islington 321 Upper Street Islington, London N1 2XQ

Kingsway Place, EC1R £1,795,000

• 3 to 4 Bedrooms • Conversion Apartment

• 2293 sq/ft • Secure Parking

College Heights, St John Street, EC1V £725,000

• 2 Bedrooms • Covered balcony

• Underground parking • Communal roof terrace

Telephone

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SALES

Cloudesley Road, N1 Situated in this lovely road in Barnsbury a delightful Georgian house.

ÂŁ1,795,000 Freehold

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LET T I NGS

Offord Street, N1 Contemporary two bedroom two bathroom apartment with private terrace.

ÂŁ440 per week

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LONDON PROPERTY

REVIEW

Fitz and Blooms prices are predicted to soar Fitzrovia and Bloomsbury are in the spotlight as a key London hotspot with a predicted 66 per cent rise in property values in the next four years, according to research by Knight Frank. Liam Bailey, head of Knight Frank Residential Research, reported that high quality, new-build or refurbished apartments in Fitzrovia are already achieving up to £1700 per sq ft. Prime Bloomsbury developments are now selling at record levels of £1300 per sq ft. Jeremy James, who now handles the ‘Fitz and Blooms’ market from Knight Frank’s Marylebone office, said the area has its own distinctive charm and is a true London village. “Within this incredibly exciting two square miles, Fitzrovia and Bloomsbury present an excellent opportunity for the investor buyer, end user, and those simply looking for a pied-a-terre,” he said. “The Fitz and Blooms markets still represent better value than other

areas in prime central London, being within easy striking distance of Oxford Street and Bond Street. And the fact that Marylebone is leading the price growth in prime central London at a rate of 14.5 per cent in the past year – outstripping Belgravia and Kensington – will no doubt have a significant positive influence on pricing in the Fitz and Blooms market.” An excellent example of prime Bloomsbury property is a newly refurbished three-bedroom, threebathroom, three-storey house in King’s Mews updated with the latest in modern technology. The high-spec home includes an impressive living and entertaining space with an open plan kitchen and dining area, a second reception, and a roof terrace. King’s Mews, Bloomsbury WC1, £1,999,500, Knight Frank 020 3435 6440

“The Fitz and Blooms markets still represent better value than other areas in prime central London” Jeremy James, Knight Frank

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LONDON PROPERTY

REVIEW

Shrine to loft living BARBICAN A one-bedroom apartment on the fifth floor of Willoughby House in the Barbican has around 730 sq ft of living space including its original Barbican kitchen and bathroom. Close to Moorgate and Barbican tube stations and Liverpool Street mainline station, the Type 100 apartment offers a large reception room with a balcony, as well as a study area. The bars, restaurants and cultural attractions of the Barbican Arts Centre are also easy walking distance. Willoughby House, Barbican EC2, £585,000, Scott City 020 7600 0026

The owner of a Spitalfields warehouse apartment in Hanbury Street discovered the property in the early 1990s and has lived there ever since. No fanciful embellishments at this home that covers an entire floor of a former furniture factory. “Skirting boards, architraves, window shelves and the like have no place in this shrine to the god of authentic loft living,” says Solly Strickland of Unique Property Company. “In place of paraphernalia, you’ll find 1700 sq ft of open and gritty space with all its rough ’n’ readiness intact. But while superfluous garnish has been left out, that doesn’t mean there’s nothing to see. It’s more a

case of raw ingredients, than bare essentials.” Three huge metal-framed industrial windows are a magnet for natural light. The Bisazza-tiled bathroom has another four windows, one of which forms the side of the shower area, and the open plan kitchen sports a custom-built concrete worktop.  The bedroom has a large north-facing window and leads out onto a decked balcony. More true grit comes from four giant warehouse doors hiding a large storeroom, while iron columns radiate industrial history. Hanbury Street, Spitalfields E1, £1.5m, Unique Property Company 0870 900 4050

Modern home on Angel Southside Angel Southside is a modern development on the corner of St John Street and City Road, just south of Angel tube station. A split-level two-bedroom apartment is currently for sale on the development’s second and third (top) floor. It has two bathrooms, a reception room, and a separate kitchen leading to an impressive roof terrace. Handy for Islington’s Upper Street, the development offers 24-hour concierge services, lift and communal garden. Sadler’s Wells Theatre is also nearby. Angel Southside, St John Street, Angel EC1, £775,000, Hamptons 020 7226 4688

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LONDON PROPERTY

REVIEW

Shard and St Paul’s on the terrace Look out at the Shard and St Paul’s Cathedral from the wraparound roof terrace of a penthouse apartment on the market in Clerkenwell. Windmill Palm Trees are on the terrace of the three-bedroom property on St John Street. A lift takes you directly to the fourth floor and the home’s kitchen and dining room, which has a separate utility room. Also on this floor are the bedrooms, two bathrooms

(one en suite), and sliding doors to two balconies. Stairs lead to an impressive reception with floor-to-ceiling windows, and sliding glass doors to the decked terrace and City views and plenty of space for outside entertaining. The Penthouse, St John Street, Clerkenwell EC1, £2.25m, Hamptons 020 7717 5435

Victoria’s Temple Close to Fleet Street and the Thames, a two-bedroom apartment to let at Victoria House has solid wood flooring, tiled kitchen and bathrooms, and carpeted bedrooms. The 912 sq ft third floor apartment in Temple includes a contemporary kitchen complete with washer-dryer, dishwasher, oven and four hobs, full-size fridge-freezer, black granite work surfaces and splashbacks. There are two bathrooms (one en suite), and the modern development offers lift access, day concierge and secure underground parking. The apartment is one of several in this area on the agent’s books ranging from £525 to £675 per week. Victoria House, Temple, £675 per week furnished, Scott City 020 7600 0026

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EXCLUSIVE PROPERTY SPECIALISTS

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LONDON PROPERTY

REVIEW

citydirectory Knight Frank 353 Upper Street, Islington, London N1 0PD

Islington Cluttons Islington 6 Camden Walk N1 8DY

 020 3657 7340  islington@knightfrank.com

www.knightfrank.co.uk  020 7354 6666  islington@cluttons.com

Savills Islington 94-96 Upper Street, London N1 0NP

www.cluttons.com

 020 7226 1313  islington@savills.com

Currell Islington 321 Upper Street Islington N1 2XQ 020 7226 4200 islington@currell.com www.currell.com

www.savills.com

City

Currell New Homes Islington House, 313 Upper Street, Islington N1 2XQ  020 7226 6611  newhomes@currell.com

BLOOMSBURY

PROPERTY SERVICES  020 7831 1191

 020 7359 9777  sales.islington@chestertonhumberts.com

s

 info@bloomsburyprops.co.uk

www.currell.com Chesterton Humberts 327-329 Upper Street Islington N1 2XQ

Bloomsbury Property 98 Gray’s Inn Road WC1X 8AJ

www.bloomsburyprops.co.uk

callum roberts

Callum Roberts 40 Theobalds Road London WC1X 8NW  020 7242 9977  info@callumroberts.com

www.chestertonhumberts.com

www.callumroberts.com

Hamptons Islington 97-99 Upper Street Islington N1 0NP

Currell Clerkenwell 122/124 St John Street Clerkenwell EC1V 4JS

 020 7717 5103  islington@hamptons-int.com

 020 7226 6611  clerkenwell@currell.com

www.hamptons.co.uk

www.currell.com

Hugh Grover Associates 325 Upper Street Islington N1 2XQ

Currell Hackney Quebec Wharf, 311-313 Kingsland Road, Hackney E8 4DL

 020 3435 4656  sales@hughgrover.co.uk

 020 7241 4111  hackney@currell.com

www.hughgrover.co.uk

www.currell.com

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LONDON PROPERTY

REVIEW Visit these agents for properties in the City, Islington and Docklands Currell Victoria Park 81 Lauriston Road Victoria Park E9 7HJ

Knight Frank 1 Wapping High Street, London E1W 1BH

 020 3222 5555  victoriapark@currell.com

 020 7480 6848  wapping@knightfrank.com

www.currell.com

www.knightfrank.co.uk

Hamptons City Aldermary House, 15 Queen Street, London EC4N 1TX  020 7717 5293  city@hamptons-int.com

www.hamptons.co.uk

Docklands

Knight Frank 18-19 Cabot Square, Canary Wharf, London E14 4QW  020 7512 9966  cwharf@knightfrank.com

www.knightfrank.co.uk

Landmark 264 Westferry Road, London E14 3AG Dawn Sandoval Residential Ltd  020 7093 1702  dawn@dawnsandovalresidential.co.uk

 020 7515 0800  info@lmlondon.com

www.lmlondon.com

www.dawnsandovalresidential.co.uk

FJ Lord 4 Copper Row, Tower Bridge Piazza, Shad Thames SE1 2LH  020 7089 6490  shad.thames@fjlord.co.uk

Savills Canary Wharf 4 Westferry Circus, London  020 7531 2500  canarywharf@savills.com

www.savills.com

www.fjlord.co.uk Henry Wiltshire 2 Laybourne House, Admirals Way london E14 9UH  020 7001 9160  kelly@henrywiltshire.co.uk

www.henrywiltshire.co.uk

Savills Docklands 80 Wapping High Street, London  020 7456 6800  docklands@savills.com

www.savills.com

Hamptons Tower Bridge 41 Shad Thames London SE1 2NJ

Winkworth Surrey Quays Surrey Quays Shopping Centre SE16 7LL

 020 77175124  towerbridge@hamptons-int.com

 020 7237 9119  surreyquays@winkworth.co.uk

www.hamptons.co.uk

www.winkworth.co.uk

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LONDON PROPERTY

REVIEW

Motueka, NZ Motueka is a busy little town with a residential population of around 12,000 people. Located at the top of the South Island in what is consistently New Zealand’s sunniest region. Motueka encompasses the rustic charm of Golden Bay, arable plains of Motueka and the Waimeas, rugged Mountains of the Kahurangi National park, coastal beauty of the abel tasman national park, peaceful isolation of the Marlborough Sounds and farewell Spit, the longest natural sandspit in the world. A wide array of accommodation options for families is available from 5

star luxury lodges, award winning bed and breakfasts and numerous tent and caravan parks dotted around the popular beach locations. For Further Information on Motueka visit: http://www.motuekaisite.co.nz/ For Purchasing Real Estate in Motueka, Nelson, Golden Bay, or Marlborough, New Zealand please call Bob Brereton at Motueka First National Real Estate Limited on: Tel: +64-3- 528-8881, Cellphone: +64-21772-309, Email: bob@mfn.co.nz or visit our website at: www.lifestylewaterfront. co.nz

Sandspit, Auckland, New Zealand • Brick Bay Winery and Sculpture Trail www. brickbaysculpture.co.nz • Sandspit Yacht Club • Marina to be built • Closest point for access to Kawau Island • Camp site- Sandspit Holiday Park • Close to Snells Beach • Close to Warkworth which has information centre • Great accommodation is Kotare Lodge www. sandspitkotarelodge.co.nz • Less than 1 hour north of Auckland city centre Start planning your trip to Auckland today. To find out more visit www.aucklandnz.com. For Purchasing Real Estate in Sandspit or the Auckland Region please call Richard Morgan, MRICS, AREINZ, RE/ MAX Paradise Real Estate Ltd. +64.9.524.5242 Office, +64.21.879.796 Cell, richardmorgan@remax.net.nz

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LONDON PROPERTY

REVIEW

Byron Bay, NSW, Australia Cape Byron is Australia’s most easterly point, 153° 39´ east, located on the north coast of New South Wales Australia. With its numerous beaches, unspoiled hinterland, and relaxed lifestyle, Byron Bay is a popular tourist destination. With average summer temperatures of 21°C - 28°C (70°F - 82°F), and average winter temperatures of 15°C-21°C (59°F- 70°F), both locals and visitors are

able to enjoy plenty of outdoor activities including the many festivals throughout the year. Byron Shire has a population of close to 30,000, while the town of Byron Bay has a population of about 9,000. For further information on Byron Bay, please visit: www.byron-bay.com or www.visitbyronbay.com.

Geographe Bay, Western Australia A two hour drive south of Perth lies the sheltered shores of Geographe Bay. Voted one of the top 10 places to visit in the world by Lonely Planet, the region is famed for its breathtaking natural beauty. Here you will experience the extraordinary. From the heights of the largest remaining tuart forest in the world at the Ludlow Tuart Forest, to the depths of Australia’s greatest artificial reef at the Busselton Jetty. In between you will find hundreds more equally spectacular spots, and just as many ways to enjoy them. Home to the vibrant seaside towns of Busselton, Dunsborough and Yallingup, 30kms of pristine, white sandy beaches fringe the renowned Margaret River Wine Region to create the perfect holiday playground. For further information: Contact Busselton Visitor Centre 38 Peel Terrace Busselton 6280 Phone+61.08.9752.5800 or Fax +61.08.9752.1470 Email: getaway@geographebay. com or Website: www.geographebay.com For Purchasing Luxury Real Estate in Dunsborough or Geographe Bay Region please talk to Lee York or one of the Team at JHY Realty Dunsborough +61.8.9759.1300 Office, Website: www.jhyrealty.com.au

Goulburn, Australia As Australia’s first inland city, Goulburn has been around since the 1820s and was proclaimed a city in 1863. Goulburn is home to many of Australia’s longest running organisations – such as Australia’s oldest continually running brewery, Australia’s oldest theatre company and the oldest country rugby club in Australia, but that only scratches the surface of a town that values and celebrates its heritage and history. Goulburn is strategically located at the heart of Australia’s busiest road and rail corridor connecting Sydney, Canberra and Melbourne. For further information on this fabulous destination please visit: http://goulburnaustralia. com.au/

Geographe Bay images courtesy of Busselton Visitor Centre.

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The RE/MAX Collection

Nobody in the world sells more real estate than Each office independently owned and operated

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Magical Wildlife Haven – Secure Your Piece of Paradise Greater Auckland, New Zealand

£3,500,000 Freehold

Less than an hour’s drive from Downtown Auckland, this 2.35 acres (9,506 sq. m.) property with panoramic Gulf views extends to 5,640 square feet (524 sq. m.). 5-6 car garage, gym plus boat house, 3 living rooms, study, guest quarters, heated 38-ft. x 11-ft. swimming pool plus spa, water bore 9,000 litres/hour with submersible pumps and softener. Heat loop ground system—12-ft. x 100-ft. bores provide house and pool heating. REMAX.CO.NZ/RMR10011

Contact Details: Richard Morgan, MRICS, AREINZ. RE/MAX Paradise Real Estate Ltd. Office +64.9.524.5242 • Cell +64.21.879.796 richardmorgan@remax.net.nz

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B

Byron Bay Private Resort BYRON BAY, NSW AUSTRALIA Luxury resort-style 4 bedroom / 2 bathroom property offering privacy and seclusion amidst magnificent tropical gardens on an easy care 1.6 acre site. Located 2000m via a country laneway to the nearest beach and only 10 min drive to Byron, 25 min to Gold Coast airport, this contemporary home, designed by award-winning Noosa architect Phil Quayle, was built in 2006 and is offered fully furnished and equipped. Dive into the 16m swimming pool, relax in the Bali hut, dine on one of the many decks or patios, stroll through the bamboo walkway, enjoy mountain views from the upper level “couples retreat” or simply lounge in your choice of spacious open plan living rooms. Some special features of this airy and light filled property include an ionized swimming pool giving a “fresh water” experience, luxury fully tiled bath and shower rooms, extra large double bedrooms, ducted air conditioning, satin ash wooden floors, a fully equipped home office (with its own separate entrance,) double garage, and beautifully landscaped gardens featuring rare and exotic planting, extensive stone work and tasteful statuary. “Foodies” will delight in exotic cuisine prepared in the extensive entertainer’s kitchen, using organic produce from established vegetable gardens. Nature lovers will relish the plentiful presence of green tree frogs, echidnas, wallabies, fairy wrens and sea eagles. Those enjoying mountain views and rural vistas can be assured they will not be lost. Additional accommodation is available via existing building approval for a stand alone garden studio/gym. AUD $2,450,000

ALL ENQUIRIES TO CAROLINE AND TOM +61.478.435.850 bbresort@linknet.com.au http://www.dreamhomesmagazine.com/Home183306.html Janis Perkins, Raine & Horne Ph.+612 6685 6588/Cell +61 438 841 122 Graham Dunn, Byron Bay Property Sales Ph.+612 6685 8575/Cell +61 418 663 620 52 Byron Bay FP.indd 1

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Magnificent Southern New South Wales Country WONGABEL, MAJORS CREEK AUSTRALIA Situated between Canberra and the NSW south coast is a beautifully landscaped and significantly improved grazing property. An extremely lucrative investment, turning over 800 joined heifers annually. All infrastructure is in excellent condition, including a renovated 3-bedroom home, 2-bedroom workman’s cottage, extensive shedding, quality horse facilities, shearing shed and covered yards and 400-head steel cattle yards with floodlit, covered work area. Water security is a feature, with 40 dams, reticulated water system to troughs and average rainfall 34 inches (850 mm). AUD $2,500,000

Two Scenic & Private Retreats Between Sydney & Canberra SHOALMARR, TALLONG AUSTRALIA

FORESTVALE, BIG HILL AUSTRALIA

50 acres of cleared grazing land and natural forest. 4BR/2BA, two-level house with views of mountains and escarpments. Spacious living areas combine country charm with modern finishes. Horse facilities, stabling, sand arena, tack room and wash bay, fencing and shedding for vehicles, machinery, etc. Stunning riding throughout the property and Caoura Rd as it winds through the Morton National Park. AUD $700,000+

Attractive 240 acre property offering commercial viability, privacy and recreational uses. 80 acres pasture-improved, ample water, bushland and undulating terrain. Featuring spectacular views, the 4BR house overlooks the mountains. Spacious living, open fire, new kitchen, fabulous deck. All-weather tennis court. Machinery shed with attached, comfortable ‘sleep-out’. AUD $750,000

TRONN ALSTERGREN & HELEN CHEETHAM Tronn Alstergren Real Estate

+61.2.4821.6022 Office +61.418.655.403 Cell www.tronnalstergren.com • tronn@tronnalstergren.com

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Prime Beachfront Land This clear and level 871m2 block with 22m frontage, in prime beachfront location boasts direct access to the water and is just strolling distance to the shopping hub and café strip of Dunsborough, one of the State’s premier tourist destinations. Nestled on the shores of a stunning north facing bay, sheltered from prevailing weather, & bathed in winter sun – it’s a sundrenched location of pristine beauty unmarred by industry and over population. With tree lined cycle path opposite you can stroll, ride or rollerblade in for your morning coffee; or enjoy leisure activities at the strategically located playgrounds and outdoor gym stations This is an unrepeatable buying opportunity so if you are looking for a strategic investment and unparalleled lifestyle opportunity call today.

AUD$899,000

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Lee York Director/Sales Consultant JHY Realty Dunsborough +61.8.9759.1300 Office +61.438.867.737 Cell lee@jhyrealty.com.au www.jhyrealty.com.au

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Overlooking Tasman Bay Motueka, New Zealand

NZD $3,200,000

With over 2.2 hectares of gently undulating, manicured gardens providing the setting for this exceptional home, it is the epitome of privacy. Spectacular views over the picturesque Tasman Bay and back to the Kahurangi National Park with the house being designed to maximise these features. Whether it be holiday home, family home or luxury Bed & Breakfast—the options are endless!

Elegant, Classical, Timeless Motueka, New Zealand

NZD $2,000,000

From the first it is apparent this is no ordinary home. Perched majestically high above the fertile Motueka Valley, it offers more than 650 sq. m. of luxurious country living, offset by stunning views from every room. Options are numerous with this property, huge potential for a luxury bed and breakfast with limited alterations or just a large family home are all possibilities.

Bob Brereton Sales Manager / Rural and Lifestyle Specialist Motueka First National Motueka Real Estate Ltd Licensed REAA 2008

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Office: +64-3-528-8881 Cell: +64-21-772-309 Email: bobbrereton@slingshot.co.nz

www.lifestylewaterfront.co.nz

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(020) 3434 0050 Why choose us? q We are up to 20% cheaper than most of our competitors q Combined inventories including Check in and Check out q No pricing gimmicks - just honest, reliable and detailed inventories q No cancellation fees if advised within 24 Hours of scheduled booking q No additional fees for using other company’s inventory reports q No additional costs for digital photographs q No additional costs for copy reports by email q No extra charges for additional rooms e.g. en suite bathrooms

The importance of an inventory Following the legislation introduced in April 2007 it has never been more important to use professional inventory services to safeguard both your property and tenancy deposit. An inventory will ensure the condition of the property and all its contents are recorded accurately at both check-in and check-out, therefore reducing the possibility of any dispute over missing or damaged items between Landlord and Tenant. Feeling protected with an inventory is a contributing factor to a stress free tenancy and our services will offer you that protection.

q Free updates for existing reports created by Key Inventories

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The key to success Often overlooked, a great inventory service can make all the difference. We take a look at the competitive service Key Inventories have to offer...

Who are you? We are an independent inventory company providing impartial property inventories to estate agents and landlords alike. Where is your office? Our office is located in the High Street in Surrey Quays, London. Why use Key Inventories? We are a reliable and professional company giving you peace of mind knowing you have an accurate, thorough and detailed inventory for your property. Full members and regulated by the AIIC (Association of Independent Inventory Clerks) you can be assured that our inventories are to a high standard. What is different about your reports? Our reports are precise, clear and easy to read. We don’t use abbreviations, just plain English.

How do we book and inventory? Please call or email us to book an inventory. We provide our regular clients and agents a bespoke web page form to fill in and submit. This allows a fast and effective way of booking an inventory. Do you charge VAT? At present we do not charge VAT. This makes our prices transparent and even more competitive. Are your rates negotiable?

...we do not charge VAT. This makes our prices transparent and even more competitive.

Do you include photos? Yes. All our reports have multiple photographs showing general shots or photos of damage if necessary.

We pride ourselves in being extremely competitive when it comes to pricing our quality reports. We are happy to discuss our prices with agents and landlords with large portfolios. How do I receive my inventory? We are striving to be an eco-friendly company and email our reports in a printable PDF format. This eliminates reports being lost in the post and will reach you more quickly.

How quick do I receive my report? You should receive your report within 48 working hours.

What areas do you cover? Our office is based in Rotherhithe and can therefore service most parts of London. Please call us for more information. Can you arrange appointments at short notice? Yes. We will try to cater for appointments at short notice wherever possible.

I have long standing tenants. Do you cater for mid-term inspections? Yes. This is the best way to assess the condition of your property over long tenancies. We will carry out a schedule of condition report for mid-term inspections so that you can assess the condition of your property periodically.

Key Inventories can be contacted at 1a Rotherhithe New Rd, London, SE16 2AH T: 020 3434 0050 • F: 020 3434 0051 • E: enquiries@keyinventories.com

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LONDON PROPERTY

REVIEW

Star penthouse shines on Quay Taking three years from conception to completion, an extensive renovation project at a sixth and seventh floor penthouse at Shearwater Court has increased the home’s living space by almost a third of the original floor print. On Star Place, this four-bedroom City Quay property delivers spectacular and far-reaching 360-degrees views across the City, from the Gherkin to the Shard, and has seven terraces – five overlooking St Katharine Docks. On the top floor, a lavish reception has a Burr walnut backdrop spanning the rear wall of the apartment and continuing down to the sixth floor next to the open glass staircase. The main reception flows through to a second reception and dining room with solid oak wood flooring. The bespoke kitchen has floor-to-ceiling windows, with fully retractable sliding doors, looking out at St Katharine Docks. Composite stone worktops over the centre island and kitchen units complement the limestone tiled flooring. Below on six, a lit hallway leads to all rooms. The cinema room, with soundproofed floor-to-ceiling glass from the lower hallway, is designed by Environ Audio and features a 60-inch TV and drop-down projector with built-in THX audio system. Hand-built by Concept Interiors, all four bedrooms have bespoke beds and en suite bathrooms. The master suite’s bathroom features Italian black marble, a Teuco Jacuzzi bath, and a Dornbracht rain shower. The two main bedrooms have dressing rooms. One central remote control unit can simultaneously manage the Anna Sbokou designer lighting, built-in sound systems, and the temperatures of every room. The apartment includes underfloor heating with backup ventilation heating and air conditioning. Shearwater Court, City Quay, Star Place, St Katharine Docks E1, guide price £4,999,995, Savills 020 7456 6800

“The designer has managed to create a highly contemporary living space, mixing technology with bespoke interior design” Lauren Ireland, Savills

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LONDON PROPERTY

REVIEW

O2 VIEWS Luxury penthouse show apartments boasting spectacular views overlooking the Docklands have been launched at Baltimore Wharf by Ballymore Group.  With prices starting at £1,175,000 for a 1265 sq ft two-bedroom, two-bathroom home, the waterfront penthouses offer views across the water and a distant panorama of London’s skyline, with Westminster and the dome of St Paul’s Cathedral on the horizon.  Homes on the scheme’s north-facing aspect, where views include the O2 Arena, have terraces of more than 1000 sq ft. Terraces on the south-facing aspect are even bigger, with one of the homes offering 2962 sq ft of outdoor space including views of Greenwich Park and the City skyline. Each property features bespoke kitchen and bathroom units, with high quality appliances such as Gaggenau, and a minimum of two double bedrooms, each with en suite bathroom, together with open plan living and dining spaces.   Baltimore Wharf, Canary Wharf E14, from £1,175,000, Ballymore Group 020 7517 8800

Victorian character There’s an opportunity in Bermondsey to make your own mark on a three-bedroom house that offers four floors of Victorian character and charm. Standing in Southwark Park Road, handy for London Bridge and Bermondsey tube stations, the chain-free property has more than 1260 s ft of space that includes a kitchen and dining room on the lower ground floor, and a double reception with ornamental fireplace at raised ground level. The first floor contains the master bedroom with

en suite shower room, and a family bathroom, and the house has a paved and lawned rear garden almost 40ft in length. This terraced property is also close to Bermondsey Spa Gardens, refurbished as part of Southwark Council’s master plan for the area and opened in spring 2006. Southwark Park Road, Bermondsey SE16, £559,000, Field & Sons 020 7407 1375

Marina terrace Marina views are served on the terrace of a three-bedroom apartment to let at St Katharine Docks. The home is set in a warehouse building that dates back to 1858. Featuring plenty of original features, the property at Ivory House includes three bathrooms (two en suite), allocated parking and porterage. Ivory House, St Katherine Docks E1, guide price £2350 per week furnished, Savills Wapping 020 7456 6800

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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804

Waterloo Road, SE1 2 bedroom split-level penthouse in a stylish warehouse conversion. This impressive apartment extends to over 1600 sq ft. £1,050,000

La Gare, Surrey Row, SE1 Beautifully presented, first floor, ‘live/work’ apartment in a former printing factory. This apartment has double height ceilings allowing for the main £775,000 rooms to incorporate flexible mezzanine areas.

Isaac Way, SE1 2 bedroom, 4th floor apartment. Spacious apartment within a secure private development, close to £625,000 Borough tube station.

Sanctuary Street, SE1 2 bedroom, 1st floor apartment within a modern development. This apartment is in excellent condition throughout and benefits from secure underground parking, with excellent transport links. £595,000

Southwark Park Road, SE16 3 bedroom Victorian house arranged over 4 floors. This house has a wealth of character and would be an ideal opportunity for an individual, looking to put their own stamp on a beautiful house. £559,000

Empire Square South, SE1 1 bedroom, 6th floor apartment in a landmark development. This apartment has a high quality finish throughout and 2 Juliet balconies with excellent views of the Shard and City of London. £355,000

Borough Office 020 7407 1375

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FIELD & SONS IN SO 20 LD 12

IN SO 20 LD 12

Surveyors, Valuers & Estate Agents Est. 1804

Hope Wharf, SE16 Generous 2 bed warehouse conversion apartment in the heart of Rotherhithe Village with secure parking located within an easy walk of Shad Thames, Tower Bridge and the Thames Path. £439,950

IN SO 20 LD 12

IN SO 20 LD 12

Janeway Place SE16 This charming 3 bedroom Freehold semi-detached house with large private garden within the catchment area of a very well respected primary school and a 30 second walk from Bermondsey Station. £580,000

Providence Square, SE1 This attractive and well-designed 2 bed apartment offering attractive river and garden views from it’s private balcony within this much sought-after portered development. £765,000

IN SO 20 LD 12

IN SO 20 LD 12

Morocco Stores, SE1 Beautiful warehouse conversion full of Victorian features including exposed brick and ironwork just off Bermondsey Street and with views of Leather Market Gardens and the Shard. £1,550,000

Sidney House Apartments, Abbey Street, SE1 Large split-level 1 bed apartment within this attractive Victorian converted public house located close to Bermondsey Street and London Bridge. £349,950

Springalls Wharf, SE16 Exquisite 2 bed apartment with stunning views from both the reception room and the large private terrace of the City skyline and Tower Bridge. £935,000

Shad Thames Office 020 7403 8571

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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804

BOROUGH OFFICE

Playhouse Court, SE1 2 bedroom, 2 bathroom, penthouse. This unique splitlevel apartment in a converted tea warehouse is a spectacular home with 2 large balconies. £1,095 per week

IN LE 20 T 12

IN LE 20 T 12

SHAD THAMES OFFICE

Pollard House, Spa Road, SE16 Modern 3 bedroom apartment situated in a purpose built block. This apartment has a high quality finish throughout, extends to nearly 1000 sq ft and access to well-maintained communal gardens. Unfurnished and available now. £575 per week

Tea Trade Wharf This stunning and exceptionally rare duplex penthouse has unrivalled living accommodation within one of Shad Thames’ most sought£2000 per week after landmark developments.

Spice Quay Heights This exceptionally large apartment boasts 5 Bedrooms 5 bathrooms and beautiful East and West facing vistas of the River Thames, £1795 per week Canary Wharf and Tower Bridge.

White Horse Road, E1 Two bedrooms, reception room, open plan kitchen, £400 per week bathroom. Available immediately, furnished.

Queen of Isle Apartments, E14 Two bedrooms, reception room, open plan £300 per week kitchen, two bathrooms, half a mile to Canary Wharf.

CITY & EAST LONDON OFFICE

Borough Office 020 7234 9633

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Kennington Office 020 7840 0666

Shad Thames Office 020 7403 8571

City & East London Office 020 7790 9832

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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804

IN LE 20 T 12

Penhurst Place, SE1 Charming cottage in a secluded terrace. This property comprises spacious reception room, 2 double bedrooms and a private courtyard, ideally located close to Lambeth North and Waterloo. Furnished and available now. £425 per week

IN LE 20 T 12

Empire Square, SE1 1 bedroom apartment in a landmark development. This apartment has a bright reception room and benefits from 24 hour concierge. £440 per week

Butlers Wharf West 3 bedroom apartment in Shad Thames, SE1. This stunning duplex penthouse apartment offers bright, spacious and airy living accommodation with East facing views of The River Thames and Canary Wharf within in one of Shad Thames’ most prominent developments. £975 per week

The Anchor Brewhouse 2 bedroom apartment in Shad Thames, SE1. This large, bright and airy riverside apartment offers unrivalled views of The Financial City and Tower Bridge from every room within the property. Boasting 2 modern bathrooms, a designer kitchen, generous storage, wood £745 per week floors, secure parking and a 24 hour Concierge.

Indescon Court, E14 Two bedrooms, reception room, open plan kitchen, two bathrooms. Available immediately, furnished. £390 per week

Fort Road, SE1 One bedroom, reception room, kitchen/diner, bathroom, private garden. £285 per week

Borough Office 020 7234 9633

Kennington Office 020 7840 0666

Shad Thames Office 020 7403 8571

www.fieldandsons.co.uk Field Lettings DPS.indd 2

City & East London Office 020 7790 9832

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Pan Peninsula West A west facing studio in one of Canary Wharf’s most prestigious developments boasting breathtaking views of the West London skyline and Canary Wharf. This larger than average apartment measures in excess of 500sqft and benefits from a separate sleeping area, ample storage and balcony. 24hr concierge, gym, spa, swimming pool, residents cinema & cocktail bar. Canary Wharf DLR & Jubilee connections.

£418,000 Leasehold

Landmark East, E14 Stunning dual aspect views of Canary Wharf, dock, the O2 and River Thames from this 20th Floor 807sqft 2 bed 2 bath apartment with large balcony. Popular with tenants and homeowners alike and boasting high specifications ‘The Landmark’ is becoming one of the most desirable residential towers in E14. Underground parking is included as well as use of the Residents Gym and Concierge Facilities.

£649,000 Leasehold

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020 7715 9700

joneslanglasalle.co.uk

Shepherd Court, E14 • • • •

Landmark East, E14 • • • •

Two Bed, Two Bath 32nd floor apartment Gym & 24hr Concierge Heron Quays DLR

New Festival Quarter, E14 • • • •

£410pw

Luxury apartment 40th floor, one Bedroom Gym & 24hr Concierge Heron Quays DLR

Landmark East, E14 • • • •

£270pw

Brand New Apartment One bedroom Balcony All Saints DLR

Hamilton House, E14 • • • •

£580pw

Three beds/ two baths Canada Water Jubilee Spacious accommodation Popular location

Landmark West, E14 • • • •

£410pw

Two Bedrooms, Two Bathrooms Balcony Westferry DLR Concierge & Parking

Channel House, SE16 • • • •

£310pw

Brand New Development One Bedroom 5th floor, Balcony All Saints DLR

Dundee Wharf, E14 • • • •

£745pw

£450pw

Two bed, two bath Gated riverside development Parking available Dual aspect views

Canary Riverside, E14 • • • •

£375pw

Luxury Brand New Apartment 26th floor, one bedroom 24hr concierge & gym Heron Quay DLR/Canary Wharf Jubilee Line

£1,300pw

Riverside Apartment Three bedrooms, Three Bathrooms 24hr Concierge & Parking Westferry/Canary Wharf DLR

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Property Review City January 2013