Winkworth Prime Central London Magazine

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2024 · WINKWORTH.CO.UK WINKWORTH PRIME CENTRAL LONDON MAGAZINE THE FOR EVERY STEP... 2024 TRENDS FOR THE HOME WHY IS PRIME CENTRAL LONDON SO RESILIENT?

Palace Gardens Terrace, W8

£6,250 PER WEEK

• Council tax: Band H

• Grand terraced home

• Private rear patio garden

• Modern fixtures and fittings

• Character features throughout

WINKWORTH KENSINGTON 0207 727 1500 kensington@winkworth.co.uk winkworth.co.uk/kensington

Charming five bedroom terraced house in Kensington. Spread over 3,802 sq ft, this period property features three reception rooms, three bathrooms, a patio, roof terrace, conservatory, and residents parking. Unfurnished, this spacious home offers a peaceful retreat in a sought after location. Nestled in the heart of Kensington, this exquisite period terraced house presents a rare opportunity to reside in one of London's most demanding neighbourhoods. Boasting five bedrooms, three reception rooms, kitchen dining room and three bathrooms across 3,802 sq ft, this property exudes elegance and charm. Unfurnished, the house offers a blank canvas for you to create your dream home. The spacious and light filled interiors are complemented by a patio, roof terrace, and conservatory, providing ample space for entertaining. Residents parking and a petfriendly policy add to the convenience and appeal of this residence. With its tranquil ambience and prime location, this property is a fantastic home and available now. EPC: E

2 WM · 2024 winkworth.co.uk
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FOR MORE PROPERTIES VISIT winkworth.co.uk

Resurgence of maximalist decor featuring bold vintage colours and patterns

Our close-knit network of experienced and knowledgeable agents in Prime Central London

Despite market fluctuations across all segments of the UK property market, prime central London remains resilient

A robust and positive start to housing market activity in 2024.

Aaron Strutt, Head of PR and Communications at Trinity Financial, provides the latest insights

The prime central London rental market has kicked off 2024 with plenty of activity

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26 36 2024 TRENDS FOR THE HOME WHY IS PRIME CENTRAL LONDON SO RESILIENT SALES 10 26 36 18 32 37 Lowdown on how you can acheive the unique look this year PCL's strong stability in the midst of uncertainty Prime
keep their shine Connecting people with properties in London since 1835 Mortgage rates have been coming down How are prime big city rentals faring in 2024? WINKWORTH MORTGAGE UPDATE LETTINGS CONTENTS
Central London homes

Welcome to The WM Prime Central London

The new magazine from Winkworth, one of the UK’s leading estate agencies. In each edition we’ll be bringing you the latest market news and insight, and we’ll be showcasing some of the finest properties in Prime Central London.

Following an uncertain start to the year, the market remains stable. While the percentage of the asking price achieved remains relatively subdued, house sales hold steady with the Prime Central London property market performing well in comparison to outer London and the rest of the country. This divergence can be attributed to London’s resilience, having not experienced the same postpandemic rush for larger spaces. As the prime London market is characterised by high demand relative to supply, prices remain high. As a result, prime London outperforms other regional markets in the first quarter, further solidifying its position as a resilient and dynamic property market in the face of evolving circumstances.

with many professionals returning to the city for work. Additionally, as Asian and Chinese markets continue to capitalise on the weaker pound, we can expect to see these buyers maintaining their high levels of investment in Prime Central London property.

Looking ahead, the general election in July will undoubtedly influence the market, with both government and opposition parties committed to increasing access to home ownership. Housing will be a key battleground, potentially causing some market uncertainty in the run-up to the election. Despite these uncertainties, the fundamental dynamics of supply and demand continue to drive investment and confidence in the market's long-term prospects.

We hope you enjoy this edition. If you have any comments or queries, please do get in touch with us at marketing@ winkworth.com.

The prime central London lettings market is performing very well, with the increase in demand for flats reflecting a reversal of the working from home model

DOMINIC AGACE

CEO

Winkworth

Please note the property details advertised within this magazine were accurate at the time of being published. Details may be subject to change at a later date. Cover Image: Northumberland Place, Notting Hill, W2

WM · 2024 5
welcome • 2024
John Lewis Home SS24 Lookbook

• Council tax: Band H

• Period home

• Private rear garden

• Access to communal garden square

• Modern fixtures and fitting

• Spacious

Accommodation comprises of three double bedrooms, double reception room leading onto a conservatory room, study, fully fitted open plan kitchen, dining room, two bathrooms and a guest cloakroom. Added benefits include a large private paved garden to the rear, front manicured garden, access to the communal garden square and access to great amounts of storage throughout. Located on Pembroke Square close to all amenities of Kensington High Street, Cromwell Road and within walking distance to High Street Kensington, Earls Court and Kensington Olympia underground stations. EPC: D

WINKWORTH KENSINGTON: 020 7727 1500 | kensington@winkworth.co.uk | winkworth.co.uk/kensington

£3,000 PER WEEK Pembroke Square, W8 3 2 2

Stanley Gardens, W11

£2,750 PER WEEK

• Council tax (Royal Borough of Kensington & Chelsea - Band G £2,370.67 p/a)

• Maisonette

• Direct access to communal gardens

• Period features

The property comprises beautiful lateral living space with wonderfully high ceilings, wooden floors and large bay window with fabulous views overlooking the communal gardens. The separate fully fitted kitchen has wonderful dual aspect windows flooding the kitchen with lots of natural light. The kitchen door then leads directly out onto the sought-after communal gardens. The ground floor further benefits a second living room/dining room offering flexible living space. The staircase then leads down to lower level consisting of spacious hallway housing utility cupboard, spacious master bedroom with ensuite shower room, two further double bedrooms and family bathroom. EPC: D

WINKWORTH NOTTING HILL: 020 7727 3227 | nottinghill@winkworth.co.uk | winkworth.co.uk/notting-hill 3 2 2 LET

Stanhope Gardens, SW7

£1,903.85 PER WEEK

• Council tax: Band G (RBKC)

• Deposit: 6 weeks rent

• 1314 sq ft

• Stunning, high-end renovation

• Communal Gardens (by separate arrangement)

• Period white stucco-fronted building

This stunning flat has been renovated to the highest standard, seamlessly combining period charm with contemporary luxury. The bright and spacious open-plan kitchen/reception room features wooden floors, modern kitchen and views over the communal gardens and quiet mews. Two large double bedrooms and a third smaller bedroom are located on the top floor, with access to two bathrooms (one en-suite) and guest cloakroom. The flat further benefits from a study on the half-landing and communal garden access (by separate arrangement). EPC: C

WINKWORTH SOUTH KENSINGTON: 020 7373 5052 | southkensington@winkworth.co.uk | winkworth.co.uk/south-kensington

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LET
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2024 TRENDS FOR THE HOME

This is the year to let your personality shine in your home as colourful maximalist designs take the spotlight.

This year, we are seeing the resurgence of maximalist decor featuring bold vintage colours and patterns alongside contemporary design features for a unique eclectic look. Integrating retro design elements into a contemporary space has the effect of creating a comforting and familiar feel while looking wonderfully chic. Here’s the lowdown on how you can achieve the unique look this year.

Eclectic interiors

2024 marks a departure from the stark simplicity of 2023’s minimalism, giving rise to eclectic interiors that exude personality and individuality. Rejecting uniformity, homeowners are embracing spaces that feel authentically lived in and curated with a blend of vintage treasures and contemporary elements.

This trend celebrates sustainability as vintage pieces find new life, adding character and charm to interiors while reducing environmental impact. Mixing and matching features from different design periods create visually dynamic spaces where each piece tells a story and contributes to the narrative of the home.

Embracing this eclectic approach allows for the creation of truly unique and personalised environments that reflect the diverse tastes and interests of the people who live there, manifesting as a vibrant expression of individual style.

An infusion of bold colours

This year, home decor is undergoing a vibrant revival with a resurgence of bold and

rich, earthy tones reminiscent of the 1970s. Drawing inspiration from this nostalgic period, we are seeing interior designers embrace rich and warm hues such as burnt orange, terracotta, mustard, chartreuse, blush pink, royal blue and forest green.

These colours infuse spaces with warmth, depth, and personality, to create a welcoming and cosy ambience. These shades add a retro flair to any room, with a sense of individuality and style. Embracing these vibrant tones allows homeowners to evoke a sense of nostalgia while infusing their living spaces with a colourful, contemporary twist for the spring/summer period.

A fresh coat of paint is the simplest way to make a big impact on an interior, yet if you're not yet quite ready to commit to bold walls, incorporating decorative elements offers a great alternative to introduce vibrant hues. Add these colours by using upholstery, throw blankets, pillows, vases, and artwork as vibrant accent colours to revitalise your space.

Bold wallpapers

Additionally, the rise of maximalist decor ushers in a new era of bold and vibrant wallpapers, setting the stage for an exciting fusion of retro patterns and contemporary design elements. Moving away from the minimalism of previous years, homeowners are becoming more confident with bold interiors, opting for exciting patterns and prints over neutral aesthetics.

This interior trend isn’t just limited to lounges – we are seeing a departure from the prevalent cool greys and sleek whites that have dominated bathroom palettes, shifting instead towards the embrace of warmer, bolder, and

more vibrant wallpapers.

From bold floral and botanical prints to whimsical and kitschy patterns reminiscent of the 1970s, wallpapers are taking centre stage as statement pieces that give living spaces new life. Embrace the bold wallpaper trend this season to create visually dynamic and captivating interiors that express your personality.

A resurgence of mid-century modern design

This year, we are also seeing a resurgence of mid-century modern design. This is a great alternative trend for homeowners who prefer more simple and clean aesthetics.

Halfway through the 20th century, families wanted functional, basic furniture that allowed them to curate a more natural, organic vibe at home, thus resulting in mid-century modern. This style endures due to its graceful fusion of

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form and function in interior design.

Renowned for its timeless appeal, this style is distinguished by its clean lines, use of warm wooden materials such as teak and oak, and an emphasis on simplicity and functionality.

Curved edges combined with bold accent colours, or wood mixed with materials such as metal and glass are characteristic of the style.

The focus on clean lines, organic shapes, and the use of high-quality materials results in furniture and decor that not only withstand the passage of time aesthetically but also functionally. Its clean and easily adaptable design allows for its continued relevance as interior design styles evolve.

In addition to the mentioned characteristics, we are seeing more interiors embrace the beauty of craftsmanship, emphasising natural, rustic, and organic textures over machinemanufactured finishes. Handmade items

crafted from materials such as wood, glass, and stone feature prominently.

Moving away from sharp, geometric designs, curves and rounded edges gives a sense of softness and fluidity to interiors. From round tables and cabinetry to curved rugs and archways, this trend introduces a gentle, inviting aesthetic to add a sense of comfort and relaxation to the home. Embracing these elements of craftsmanship and curvature allows for the creation of spaces that feel both timeless and welcoming, building an attractive, functional style.

Decorative lighting

Decorative lighting is emerging as a focal point in interior design this year, offering an opportunity to enhance the ambience and aesthetic appeal of living spaces. As part

of the maximalist trend, lighting fixtures are becoming more elaborate and artistic, serving as statement pieces that contribute to the overall design scheme. From intricately designed chandeliers to diner-style pendant lights and sculptural lights and lamps, decorative lighting adds a touch of drama and personality to rooms, elevating their visual appeal.

By strategically placing lighting fixtures, homeowners can create focal points, highlight architectural features, and imbue spaces with greater warmth. Whether opting for vintageinspired designs or contemporary pieces with bold shapes and finishes, decorative lighting allows individuals to express their unique style while illuminating their homes in style. This year, embrace the transformative power of decorative lighting to infuse your living spaces with character and personality, bringing your interior design vision to life with flair and sophistication.

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John Lewis Home SS24 Lookbook

Courtfield Road, SW7

£975 PER WEEK

• Council tax: Band G (RBKC)

• Deposit: 6 weeks rent

• 1024 sq ft

• Beautifully refurbished

• Access to communal gardens (by separate arrangement)

• 4th Floor (walk-up)

This wonderfully light property features a spacious, double-height kitchen/reception room, two double bedrooms, an en-suite shower room, and additional family bathroom. The flat has been fully renovated to an exceptional standard with high-end appliances and clever design features, including a desk area incorporated into the spacious hallway, bespoke lighting and custom-made built-in storage. The property features wooden floors throughout and further benefits from access to communal gardens (by separate arrangement). EPC: D

WINKWORTH SOUTH KENSINGTON: 020 7373 5052 | southkensington@winkworth.co.uk | winkworth.co.uk/south-kensington

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2 1 2
LET

Green Street, Mayfair, W1K

£4,000 PER WEEK

• Council tax: Band H

• Private roof terrace

• Prime location

• Spacious three bedroom apartment (1680 sq ft)

• Sky light

• Stunning views WINKWORTH MARYLEBONE & MAYFAIR: 020 7467 5770 | crosling@winkworth.co.uk | winkworth.co.uk/paddington-bayswater 3 2 3

This magnificent Manhattan loft style, north east facing, three bedroom apartment is situated within a prime and exclusive address in Mayfair. The contemporary style is spectacular: featuring glass panelling in the hallway and a modern open staircase with contemporary glass balustrade which allows for an abundance of natural light to enter the apartment. This fabulous apartment is set over 1,680 sq ft and arranged over three floors of entertaining and living space EPC: C

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Sydney Street, SW3

£6,850 PER WEEK

• Council tax: Band G

• Prime Chelsea Location

• Balcony

• 1,573 sq ft

A beautifully refurbished maisonette set over the first, second and third floors of this smart period house. Benefitting from parquet flooring throughout and superb quality fittings, the property comprises modern fitted kitchen, double reception with a Juliet balcony and small terrace, dining room, master bedroom with fitted wardrobes, stunning bathroom with separate shower, two single bedrooms, dressing room, second bathroom and a utility area. EPC: D

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WINKWORTH KNIGHTSBRIDGE & CHELSEA: 020 7589 6616 | knightsbridge@winkworth.co.uk | winkworth.co.uk/knightsbridge-chelsea 3 2 2 LET

• Pets

• Furnished

A stunning fifth floor apartment in the highly sought after new Millbank Residences development. This beautiful flat has been finished to a high standard and is brand new. There is an open plan kitchen/living room with large windows and south facing views over the River Thames, with a utility room and further pantry discretely tucked away behind the kitchen. The property has two double bedrooms, both of which have ensuite marble bathrooms. There is additionally a large store cupboard off the hallway, as well as a guest WC. The apartment also comes with a secure parking space at an additional cost. EPC: B

0207 828 1786

pimlico@winkworth.co.uk winkworth.co.uk/pimlico-westminster

£1,700 PER WEEK Millbank, SW1P
WINKWORTH PIMLICO
pool
Parking space available at additional cost
• Council tax: Band G • Concierge, lift, communal
and gym •
considered
2 1 3
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Balvaird Place, SW1V

£1,100 PER WEEK

3 2 3

• Council tax: Band D

• Porter

• Spacious and modern

• Parking

• Townhouse

Introducing a remarkable modern terraced townhouse, moments from Pimlico Underground. Boasting a generous 1,580 sq ft, this beautifully furnished property presents three bedrooms, two reception rooms, and three bathrooms + a downstairs WC. The ground floor comprises of an open plan reception with a high finish integrated kitchen, good storage and a WC. The first floor comprises of the second lounge which exude's sophistication and elegance with floor length windows, high ceilings and a gas fireplace. Up a small set of stairs, there is also a large double bedroom with a sleek, stylish ensuite bathroom. The second floor has two further good sized double bedrooms with ample storage space and modern ensuites. The property further benefits from a private balcony, convenient off-street parking, double glazed windows, underfloor heating throughout and a Porter for that extra security.

Located in the heart of Pimlico, this property offers easy access to local amenities, schools, and transportation links (Pimlico Underground, Victoria Line - 0.2 miles), making it ideal for families and professionals alike. EPC: C

WINKWORTH PIMLICO

020 7828 1786

pimlico@winkworth.co.uk winkworth.co.uk/pimlico-westminster

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HOW REAL PEOPLE MAKE A REAL DIFFERENCE

Founded in London in 1835, Winkworth has a strong legacy of property sales in the city. Renowned for our expertise in the heritage, architecture, and prime locations of London’s finest residences, Winkworth is an eminent name in the property industry. In Prime Central London, Winkworth has offices in Knightsbridge and Chelsea, Kensington, Marylebone and Mayfair, Notting Hill, South Kensington, Paddington and Bayswater, and Pimlico and Westminster. Independently operated by experienced, local agents, these offices also form a part of Winkworth’s wider national network. Our close-knit network of experienced and knowledgeable agents in Prime Central London ensures our clients benefit from a wealth of property expertise.

A brand built on professionalism

The Winkworth franchise was founded on the basis of a strong understanding of London, its property and people. Winkworth was the first estate agency to be franchised in the UK in the 1980s by the current non-executive chairman, Simon Agace, in 1974 who continued this legacy. Over the past 50 years, Winkworth has only continued to solidify its position as one of London’s foremost estate agency franchises with each office being run by a team that knows its local area intimately. With Winkworth, you can expect honesty, expertise and support.

A well-known brand with a reputation for excellence

Over the years, our established reputation has

provided our clients with a sense of trust and confidence in the services we offer. Customers can rest assured knowing they are working with a wellknown brand with a history of excellent service and successful property sales in the industry.

Consistently high quality

At Winkworth, we care about quality. It’s what’s made our business the success it is today. Our franchisees adhere to specific standards set by the organisation, ensuring a level of consistency in the quality of service across the different locations. Customers know that they can expect high levels of professionalism and expertise regardless of which Winkworth office they visit.

A wide range of properties

As the agents across our PCL network work closely together, clients have access to a wider range of properties through our network. This gives our clients more options to choose from and increases their chances of finding a property that aligns with their needs and preferences.

Local expertise with national support

All Winkworth offices are locally owned and operated, with many of our agents living in the area in which they work. This means that you are dealing with a property professional who knows the local area extremely well. Being part of a franchise means that the individual Winkworth offices combine local expertise with the backing and support of our wider national network. Customers benefit from the knowledge of local agents who understand the nuances of their local market, while also having access to broader resources and support from the Winkworth network, if needed.

Customer support and satisfaction

Our clients are our top priority. We prioritise client satisfaction and offer dedicated client support before, during and after the transaction. Our clients can rely on us to answer any queries, assist with guidance when buying, selling, renting or letting, negotiating terms of sale or purchase and providing ongoing support even after a deal is closed.

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Comments from Winkworth's Directors

“Running a Winkworth Estate Agency franchise isn't merely overseeing an office; it's about becoming part of a network where each office is run by some of the most experienced and professional individuals in the property industry for that location. With that comes excellence, integrity, and innovation in the marketplace enabling us to share ideas and drive our respective businesses forward and ensure we are providing the highest quality service to our customers.”

Will Yule, Director of Winkworth Knightsbridge and Chelsea

“By choosing Winkworth our clients get all the benefits of a larger national firm while dealing with a small business that is highly dedicated to supporting its clients. Each Winkworth office is locally owned and operated, which results in the longevity of staff and long-lasting client relationships. Additionally, our prime London network benefits clients as all offices are close in contact and geographically close together which ensures we can help our clients find a property in their desired area.”

Federico Young, Lettings Director of Winkworth Kensington

“When a client instructs us, they are instructing the business owner – there aren’t many estate agents that can make that claim! As the owner of Winkworth South Kensington, I have a vested interest in ensuring a successful transaction for all our clients, and being a small independent company, we are agile enough to adapt to our clients’ needs. Thanks to our close working relationship with franchisees of nearby offices, our clients are benefitting from the knowledge, expertise and connections of numerous industry professionals. As one franchisee put it – we offer ‘small-business’ service with a Londonwide reach.”

Bella Roupell, Director of Winkworth South Kensington

“When dealing with Winkworth, anyone that works with us can expect longevity. Although we are part of a large brand, we offer a highly personal service. Each director runs their own office independently which means that we are there for some time allowing us to build good relationships with our clients. Because we run our own ship, our clients know that when they work with us, they are working directly with the business owner which allows us to provide that personal service.”

Charles Erwin, Director of Winkworth Notting Hill

“At Winkworth, a lot of our clients love the personal and consistent relationships we can build locally over years where they feel they can always pop in and talk through things face to face so we really pride ourselves now on the personal service we can offer whilst being safe in the knowledge that their properties gain maximum exposure under our brand.”

“The great thing about being part of a franchise network is that we can cover all bases for our clients; it means that each office can be tailored to specifically serve the needs of the clients in each area whilst still being able to offer the advantages of a national network. My clients and customers in Pimlico and Westminster will require a different service and advice than the clients and customers of say the Putney office or the Surbiton office – and being a franchise means each franchisee can run the office as they see fit in order to best adapt to those differences. At the same time, we have fantastic teams looking after the whole network, such as Marketing & PR for example, meaning we can still offer clients the powerful reach of a national company – some clients of mine recently had their house featured in the FT for example.”

Rob

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SOUTH KENSINGTON
KENSINGTON
KNIGHTSBRIDGE & CHELSEA HYDE PARK
PIMLICO & WESTMINSTER
NOTTING HILL PADDINGTON & BAYSWATER MARYLEBONE & MAYFAIR

Street, W8

• Borough: The Royal Borough of Kensington & Chelsea

• Large decked terrace

• Principal bedroom

• Two further bedroom

Holland
A beautifully interior designed three bedroom Grade II Listed Georgian terraced house. The property has ample living rooms including a charming first floor drawing room, ground floor dining room, study and a generous family room located in a contemporary rear extension. The principal bedroom is located on the second floor and includes a dressing room and en-suite bathroom. There is a large decked roof terrace to the rear of the house. EPC: E
FREEHOLD WINKWORTH KENSINGTON: 020 7727 1500 | kensington@winkworth.co.uk | winkworth.co.uk/kensington 3 3 4
£4,450,000
Council tax: Band H
suite
suites
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Beaufort Gardens, Knightsbridge, SW3

ASKING PRICE: £2,850,000 SHARE OF FREEHOLD

• Council tax: Band G

• Ground rent: Peppercorn

• Service charge: £4,985 p/a

• Period features

• Separate storage room

• Double reception room

• 989 years 10 months

An exceptional newly refurbished lateral apartment spanning the second floor of an attractive doublefronted period building nestled within a quiet and prestigious cul-de-sac in the heart of Knightsbridge. This meticulously renovated flat maximises its southwest-facing orientation, flooding the space with abundant natural light and offering delightful views over Beaufort Gardens. The open-plan layout seamlessly integrates a cosy seating area at one end and a generous dining area at the other, flowing effortlessly into a fully equipped kitchen with high-end appliances. The primary bedroom boasts ample built-in storage and an en-suite bathroom, enjoying the same peaceful outlook over the front of the building. Similarly, the second double bedroom, equally well-proportioned, features its own en-suite shower room, serving as a convenient guest cloakroom. EPC: D

WINKWORTH KNIGHTSBRIDGE & CHELSEA: 020 7589 6616 | knightsbridge@winkworth.co.uk | winkworth.co.uk/knightsbridge-chelsea 2 1 2

Colville Terrace, W11

£2,250,000 SHARE OF FREEHOLD

• Council tax (Royal Borough of Kensington & Chelsea - Band F £2,054.58 p/a)

• Ground rent N/A

• Service charge £1,200 p/a

• Off street parking

• Garden

• Roof terrace

This superb flat comes to the market in excellent condition having been extensively refurbished by the current owners. Occupying the Ground and Garden levels of an imposing period building on Colville Terrace, the flat is entered via a private entrance at garden level, with another separate entrance on the ground floor. The accommodation comprises, on garden level; entrance hall, principle bedroom with ensuite shower room, guest wc, extensive semi open-plan kitchen dining reception room leading to the south facing garden. On the ground floor is a bedroom, with double doors to the roof terrace, and a separate bathroom. Particular features of the property include: large versatile reception space, part with a glass roof providing an abundance of south light, demised off street parking, demised vault storage and a wonderful private, south facing rear garden. EPC: C

WINKWORTH NOTTING HILL: 020 7727 3227 | nottinghill@winkworth.co.uk | winkworth.co.uk/notting-hill

2 2 3 SOLD

Lonsdale Road, W11

£3,750,000 FREEHOLD

• Council Tax (Royal Borough of Kensington & Chelsea - Band G £2,370.67 p/a)

• Garden • Roof terrace

• Balcony

This stylish, contemporary house is on the south side of the street providing a lovely 30 foot south facing garden on to which the large open kitchen living space opens through full width concertinaing glass doorsperfect for indoor outdoor entertaining. On the ground floor is a further reception room, the first a principle bedroom with dressing room and bathroom and above on the second two further bedrooms and a further bathroom. There are additionally a terrace opening off the half landing and a full roof terrace above the house. The house has been wonderfully maintained and is presented in meticulous style and condition. EPC: C

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3 1 3 WINKWORTH NOTTING HILL: 020 7727 3227 | nottinghill@winkworth.co.uk | winkworth.co.uk/notting-hill SOLD
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WHY IS PRIME CENTRAL LONDON SO RESILIENT?

Despite market fluctuations across all segments of the UK property market, prime central London remains resilient. Demonstrating historical resilience, Prime Central London (PCL) experienced only a marginal decline (0.9%) in prices in 2023.

Premium properties, including luxury apartments and family houses in sought-after areas, have maintained their high values and continued to draw buyers, reflecting a trend towards long-term property investment in London. PCL's strong stability in the midst of uncertainty has given buyers confidence, leading to an anticipated rise in searches for super-prime properties in 2024. What makes London one of the most desirable locations internationally with a highly resilient property market?

London’s enduring appeal

The capital stands as one of the world's renowned cultural hubs, with one of the world’s foremost financial districts, attracting businesspeople, politicians, artists and celebrities from far and wide. Renowned for its pedigree of educational institutions, museums, and top tier dining it’s no surprise that prime central London (PCL) property emerges as a coveted asset class, that is set apart not only by its attractiveness, but its remarkable ability to weather economic storms.

The allure of PCL property is further enhanced by its brilliant opportunities for education and work. London, named the world's top global financial centre for the second consecutive year, is also home to renowned legal and educational institutions, and a convenient time zone. It’s no surprise that the City attracts

some of the most talented professionals from across the globe.

Tourism, with 20 million overseas visitors annually, solidifies London's position among the top five most popular cities globally. Despite the challenges of the pandemic, Heathrow passenger arrivals are now nearly back to preCovid numbers from most regions, showcasing the city's enduring appeal with many visitors interested in securing a property.

Continued interest from international buyers

London continues to attract a diverse range of international buyers, due to the appeal of London’s cultural attractions, excellent educational institutions and strong property market. There's a noted interest from American buyers and Middle Eastern buyers looking for

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good investment opportunities.

The recent depreciation of the British pound adds another dimension, acting as an attractive incentive for overseas buyers, with effective 'discounts' of 21% for euro buyers, 31% for Chinese yuan, and 37% for Australian and US dollar users, reigniting international demand for PCL property.

A city unlike any other

The stability and resilience of the PCL sector are strengthened by the consistent demand for premier locations, regardless of the season or economic conditions. What’s more, the diversity within the prime central London (PCL) property market underscores its resilience. The stability and resilience of the PCL sector are strengthened by the consistent demand for premier locations, regardless of the season or economic conditions.

For example, homes in leafy residential areas such as Notting Hill, remain highly sought after by both domestic and resident non-domestic buyers, who are attracted to the first-rate schools and a more tranquil pace of life.

These family-centric residences coexist harmoniously with contemporary apartments, catering to those in pursuit of a stylish pied-àterre. The mix of large family homes and chic urban living spaces not only caters to a wide

spectrum of preferences but also demonstrates the versatility of the PCL market, enabling it to generate demand from a diverse clientele.

Limited supply, often listed in conservation areas, further distinguishes PCL property. Unlike other housing developments, reproducing iconic areas like Chelsea is impossible. During economic downturns, the supply can even decrease as sellers withdraw their homes from the market, creating exclusivity which drives prices to surge once demand returns.

An equity rich market

The high proportion of cash purchases accounting for approximately half of sales inside Zone One, places PCL as an equity-rich market, largely protecting it from wider macroeconomic fluctuations. This, along with the desirable London lifestyle, exclusive supply, and the diversity of luxury offerings, positions PCL as a sector that consistently recovers from economic downturns faster than any other subset of the UK property market.

The average property in PCL sold for £2.8m in Q3 2023 - the highest quarterly figure seen since Q1 2020. In 2020, facing the challenges of the pandemic, the sector displayed the same resilience and has since achieved unprecedented success, recording its most lucrative year since

2016 in the 12 months to March 2023, resisting the economic challenges affecting other market segments in the midst of the cost-of-living crisis.

Commenting on the PCL property market, Dominic Agace, Chief Executive of Winkworth said, “Prime Central London property stands as a cornerstone of the luxury property market in the UK, demonstrating remarkable growth and activity in recent years, standing out as a desirable asset class and a market segment to contend with. London maintains its position as a premier destination for high-end property acquisitions, consistently drawing interest from affluent buyers in pursuit of remarkable residences offering premium lifestyles.”

“These discerning buyers and investors seek homes in London’s most coveted postcodes, whose capaciousness, elegance, and highest specifications, set them apart from the rest. Additionally, these property seekers prioritise properties in close proximity to London’s prestigious schools and universities, as well as convenient access to transport links including Heathrow and Gatwick airports.”

As a result of the resilience, industry experts predict that Prime Central London will outperform all other UK markets in 2024, and see prices climb by nearly a fifth over the next five years.

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Lexham Gardens, W8

£1,350,000 LEASEHOLD

• Council tax: Band G

• Service Charge: £3,037 p/a

• Ground Rent: Peppercorn

• Leasehold: 143yrs remaining 2 1 2

A fabulous newly renovated two double bedroom flat, two bathroom on Lexham Gardens. Extending to an impressive 862 sq ft, this flat has been fully renovated to the highest of standards and reconfigured to make a wonderful home for someone to move straight into. The accommodation includes two double bedrooms, two bathrooms, a large kitchen and reception room with high ceilings throughout. EPC: C

WINKWORTH SOUTH KENSINGTON 020 7373 5052 southkensington@winkworth.co.uk winkworth.co.uk/south-kensington

WM · 2024 29

Cornwall Gardens, SW7

£1,100,000 SHARE OF FREEHOLD

• Council tax: G Band

• Service charge: £2,600

• Ground rent: Peppercorn

The well-appointed open-plan kitchen complements the space and has excellent storage, a feature echoed throughout the room with bespoke joinery housing the TV unit revealing a wealth of additional cupboards. Heading down to the large principal bedroom, there is further built in cabinetry, as well as a walk in wardrobe and en-suite bathroom. Further features include a guest WC & utility cupboard situated off ground floor hallway, underfloor heating throughout, double glazing, and a highly sophisticated alarm system. There is also access to the glorious communal gardens (STTUC) and use of a private underpavement vault. EPC: D

WINKWORTH SOUTH KENSINGTON: 020 7373 5052 | southkensington@winkworth.co.uk | winkworth.co.uk/south-kensington

30 WM · 2024
1 1 1

Wimpole Street, W1G

£1,150,000 LEASEHOLD

• Council tax: Band G

• Ground rent: £800 p/a

• Service charge: About £5,100 p/a

Located in W1G - Wimpole Street, a highly sought after and prestigious prime central location. A wellproportioned, light and beautifully presented two bedroom, two bathroom, first floor portered apartment, at the rear of this handsome Grade II period building. The property sits on the corner of Wimpole and Weymouth Street, equidistant between Marylebone High Street and Harley Street. Situated in the heart of Marylebone Village and the world renowned medical district, giving access to the fabulous shops, restaurants and boutiques. For green open spaces and various sporting activities - Regent's Park (Royal Park) to the north, offers about 410 acres or (170 ha).

WINKWORTH MARYLEBONE & MAYFAIR: 020 7467 5770 | crosling@winkworth.co.uk | winkworth.co.uk/marylebone

WM · 2024 31
status 2 1 2
Awarded Grade II

MORTGAGE UPDATE

Aaron Strutt, Head

of PR and Communications at Trinity Financial, provides the latest insights on the mortgage market.

Mortgage

rates

have been coming down

Banks and building societies have started lowering their fixed-rate mortgages after a long period of price hikes. For the moment rates are still frequently changing as the money markets continue to fluctuate.

There seems little doubt that the Bank of England’s Monetary Policy Committee needs to lower the base rate to bring mortgage rates down, ideally closer to four per cent as they were at the start of this year. The price improvements over the last few weeks mean the current best buy two-year fixed mortgages start from 4.78 per cent and the five-year fixes from 4.34 per cent.

Banks keen to help wealthier clients buy in Prime Central London

Private banks and high street lenders are still particularly keen to issue larger mortgage loans and attract clients buying in Prime Central London. They want to provide more mortgages over £1 million and lend against big-ticket properties.

The lenders are more open to issuing funds to international clients and higher earners with multiple income sources, and those receiving bonuses or trust income. More lenders also issue foreign income mortgages to those paid in US Dollars, Euros, Swiss Francs, and even Japanese Yen.

Securing £1 million+ mortgages

It is still surprising how much money many high street lenders are prepared to lend. Banks like NatWest and HSBC regularly issue £2 million+ mortgages with low arrangement fees and cheap rates. At the same time, private banks like Investec or Coutts also actively compete to issue larger loans, often to borrowers with smaller deposits.

Some big banks have seen the size of their mortgage book reduce in the last six to nine months, and overall lending figures are down.

This means they are keen to provide larger mortgages and stimulate the property market.

Lenders easing mortgage criteria

As rates are higher than many potential property buyers are prepared to pay, the lenders have been doing more to attract borrowers. Santander recently increased the maximum mortgage loan size from £570,000 to £1 million for borrowers with a 10% deposit and Metro Bank increased the maximum loan size applicants can borrow if they have a 10% deposit from £675,000 to £1.125 million. For borrowers with 15% deposits, Metro Bank’s maximum loan size has increased significantly from £1 million to £2 million.

Most of the lenders offer interest-only mortgages now using the sale of the property as a repayment vehicle and there are more low deposit rates available. The building societies are also playing a more active part in the larger loan market often issuing complex mortgages when the high street lenders won’t. For example, Hinckley and Rugby have a regular forum where brokers can pitch potential cases directly to the directors over Zoom and explain why they should issue their clients with a mortgage. The building societies are trying to work more like private banks.

Joint borrower sole proprietor mortgages are increasing in popularity

Recent data from the HomeOwners Alliance suggests that more than half of parents with adult children have either helped or expect to help their children with financial support to buy a home.

Most lenders offer schemes to help first-time buyers get on the property ladder, including income stretch mortgages like Nationwide's Helping Hand scheme. They also offer up to 5.5 times single or joint salaries to professionals and those earning over £75,000.

There has been a fundamental market shift towards Joint Borrower Sole Proprietor

mortgages (JBSP) now that guarantor mortgages have almost disappeared. The aim is to help younger people with insufficient income to get on the property ladder.

Joint Borrower Sole Proprietor allows parents to go on the mortgage but not the title deeds. This way, they will be on the mortgage so they can use their income to boost the borrowing amount, but not on the title deeds. This way they are not liable to pay the enhanced stamp duty if they already own a property. They also may not be liable for future taxes when the property is sold. The lenders want parents to seek legal advice to confirm they fully understand this policy before they sign up as they will be liable for the debt. If a mortgage payment is missed their credit rating will be hit.

Buy-to-let market

The buy-to-let market is still challenging for many landlords, with the higher rates and increased taxes making it almost impossible to make a profit. However, buy-to-let mortgage rates have come down, and lenders are developing new ways to help portfolio landlords.

Specialist buy-to-let lender BM Solutions offers a range of fixed rates priced around five per cent with £1,500 arrangement fees. It has just launched a 4.06 per cent two-year fix with a three per cent arrangement fee. Other lenders are also offering higher fees and lower-rate products.

More lenders are also targeting portfolio landlords, often refinancing their entire property portfolios onto one rate, and even taking cross charges on properties to bring rates down. There has been a real push towards limited company buy-to-lets in a drive to be more tax-efficient.

At Trinity Financial we want to work with more of your buyers and existing clients to help them secure mortgages and refinance at more cost effective rates. If you’re looking for a mortgage or require some advice, please do not hesitate to get in touch with the team at Trinity.

32 WM · 2024
WM · 2024 33

Harley Street, W1G

£4,000,000 SHARE OF FREEHOLD

• Council tax: Band H

• Ground rent: About £730 p/a

• Service charge: About £5,230 p/a

• Small Roof terrace

• Vaulted reception room

• Grade II listed

An impressive triplex apartment forming the upper three floors of a handsome and architecturally significant redbrick and Portland stone Grade II listed Edwardian townhouse, set in a prime Marylebone location. With a private lift, it is one of two flats in the building and comes with a share of the Freehold. Our clients have been custodians for over 35 years, using it as a pied-a-terre. The configuration allows flexibility of use, with the main living accommodation on the upper floor and mezzanine and the four double bedrooms and three bathrooms on the lower floors. There is a charming small terrace with delightful and far-reaching rooftop views towards Fitzrovia and beyond.

| crosling@winkworth.co.uk | winkworth.co.uk/marylebone

34 WM · 2024
4 2 3 WINKWORTH MARYLEBONE & MAYFAIR: 020 7467
5770

SALES

Prime Central London homes keep their shine

Winkworth's data from the first months of the year indicates a robust and positive start to housing market activity in 2024. Following 2023 where many people held off moving due to inflation and rising interest rates, a substantial annual improvement suggests a rebound in market activity and a promising outlook for the rest of the year.

Looking at the period from January to April 2024, Winkworth’s number of registered buyers has increased by 17% compared to the same period last year, while the number of properties entering the market for sale has increased by a significant 25%. The increase in listings and motivated buyers suggests that 2024 will be a better year for Prime Central London properties than 2023. We spoke to Winkworth’s Paddington & Bayswater and Pimlico & Westminster offices to see how the Prime Central London housing market is performing.

In the leafy metropolitan neighbourhood of Paddington and Bayswater, known for its elegant residential streets lined with sophisticated Victorian townhouses, we spoke to Charlie Rosling, Head of Sales at Winkworth Hyde Park, Paddington & Bayswater. Charlie informed us that property in this iconic area continues to command plenty of interest from both national and international buyers.

Charlie notes that properties in the area have continued to attract vast interest from a diverse demographic of buyers who are very motivated to buy property within the W2 postcode. Post-pandemic, the Paddington and Bayswater team has seen a noticeable increase in British buyers who are purchasing a prime property as either a pied-à terre-or a home for their children. However, properties within the wider Hyde Park area remain incredibly popular with overseas buyers, including those

from Europe, America and the Far East.

Charlie Rosling told us, “We are incredibly lucky in W2, as the attractive Grade II Victorian stucco-fronted buildings always continue to be popular with Brits, as well as a wide cross-section of international buyers, which has helped underpin values during the more challenging times post-pandemic and throughout the higher interest rate cycle. For those looking for a pied-à-terre in town or to buy a pad for their children, with more realistic service charges, then a ‘period property’ could be a more sensible option.”

While the Paddington and Bayswater area has long been sought-after, several neighbourhoods are emerging as luxury hotspots, such as W2 Queensway. Charlie shared, “Over the last few years, W2 Queensway, Hyde Park, has seen a spotlight shine firmly on the area, benefiting from a well-publicised and wider multi-billion-pound capital expenditure, including a fabulous new striking residential development called ‘Park Modern,’ comprising 52 apartments, three penthouses, and two mews houses and now edging closer to build completion. This new development is opposite Hyde Park, currently starting at £2,150,000 for a one-bedroom apartment, and up to £11,250,000 for a threebedroom apartment. “

For those looking to sell this year, Charlie maintains an optimistic outlook. Advising sellers in the Paddington and Bayswater area he shared, “The common denominator with all recent sales is realistic pricing and getting your ‘ducks in a row’ with any decorating and legal paperwork. If you create the right recipe from the outset, then a successful sale will follow.”

South of Paddington and Bayswater, in rarefied Pimlico, known for its beautiful Regency architecture and elegant garden squares, we spoke to Rob Oatley, Director of Winkworth Pimlico & Westminster. Rob shared with us that the housing market in his area has gotten off to a busy start in 2024.

“The last three months have been a whirlwind in the sales market – we have taken on more properties over that period than we have for many years and the outcome is that we have agreed more sales. Buyers are more serious than they have been for a while about securing property, prices are still attractive and with more competition to secure things I’m certain that it’s a great to buy with some growth coming at some point soon.”

Pimlico properties remain in demand, with mid-market properties faring particularly well. Rob noted, “Our most commonly sold property at the moment is a two-bedroom flat in the ‘mid’ price range for the area – anywhere between £650,000 and £1,000,000. Anything in this price range – if it’s uncompromised and priced appropriately – seems to be generating great interest. At the other end of the spectrum there are comparatively few houses available in Pimlico, so good houses on good roads are also in high demand.”

Like in Paddington and Bayswater, Pimlico and Westminster property consistently attracts attention from national and overseas buyers. Rob confirms that property in SW1 is highly sought-after and a reliable investment. “Our buyers come from all over the world including from outside of London in the UK; there are always various factors influencing their decision to buy and/or sell; from a change in governmental policy in Portugal to changing interest rates in the US to changes in family circumstances. However, there’s always a good reason to invest in Pimlico.”

Anyone looking to sell in this area will likely experience high interest once their property goes on the market. Rob advised, “We have two distinct peaks in demand in Pimlico – Springtime: post-Easter and pre-summer, and the Autumn time, from mid-September to the end of October. If you aim for one of the peaks and listen to sensible and justified pricing advice, then there will be buyers for your property!”

36 WM · 2024

How are prime big city rentals faring in 2024?

Due to increasing pressure on the housing market, more buyers are turning to rental options, a trend which is noticeable in higher-value markets. We spoke to Winkworth’s Notting Hill and Kensington offices to get the latest on prime central London’s lettings market.

In one of London’s trendiest areas, with its iconic pastel-coloured houses, we spoke to Lucinda Richardson, Lettings Director at Winkworth Notting Hill. Discussing the lettings market, Lucinda said, "Notting Hill properties are always in high demand, but in terms of rentals, immaculate large family houses and small, good-quality one-bedroom properties are highly sought after, continuing to command attention from prospective tenants.”

Concerning tenant preferences in 2024, Lucinda is noticing a more price sensitive market. “This year, tenants are prioritising value for their investment, prompting landlords to either improve the conditions of their properties or their pricing to meet client expectations.”

Despite a challenging economy, the Notting Hill lettings market continues to thrive, but legislative changes are impacting tenants in the area. Lucinda shared, "Demand remains high, however, renewal discussions and considerations for longer lease terms are becoming more prevalent, especially with potential alterations to no-fault evictions in the near future. We are carefully advising clients not to be tied in, especially if their rents are lower than the current market rates.”

Informing landlords on attracting tenants and maximising rental income, Lucinda said, “Prioritising property upkeep and maintenance is crucial. Investing in properties and ensuring that they are in optimal condition and offering communal areas within properties can enhance their appeal to potential tenants. Additionally, offering flexibility in furnishings, such as providing options of furnished or unfurnished units among your properties, can broaden the appeal and cater to a range of preferences for potential tenants.”

Just south of Notting Hill in sophisticated Kensington, known for its elegant Victorian and Georgian architecture, we spoke to Federico Young, Lettings Director of Winkworth Kensington. Discussing

the most desirable rental properties in upscale Kensington, Federico told us, “The Kensington area always experiences a high level of interest, but in particular we’re seeing demand for high-net-worth family properties with four to five bedrooms which typically command around £5,000 a week.”

Regarding the duration of rental agreements, the market has shifted with longer tenancies becoming more of a norm. Federico shared, “In the lettings market we used to see a turnaround of a rental property every 12 months, but landlords are now renting out their properties on a longer basis. We’re now seeing a trend of landlords offering longer tenancies of up to two years. Previously, where clients would come to the market expecting to find a property in a hop, a skip and a jump, there are now fewer rental properties available as they’re locked into longer term tenancies. So, the appetite for new stock is strong with tenants seeking rental properties a year in advance.”

Similar to Notting Hill, tenant preferences in Kensington have resulted in a heightened sensitivity to pricing trends. Federico observed, “In terms of preferences, tenants are expecting more bang for their buck in the current market and properties that have been refurbished to modern standards are more highly sought after. Therefore, we’re seeing prices come down on properties with interiors that do not meet modern standards.”

He added, “However, demand for rental properties in Kensington is always high, so landlords that keep their properties in good condition at the right price can expect their properties to be taken off the market rather quickly. For landlords, the key is to work with the market rather than against it.”

Advising landlords, Federico said, “To attract tenants and maximise rental income in the current market, having a good-sized property refurbished to modern standards is key. While demand in Kensington is high, landlords should remain realistic about pricing as tenants are focused on value. To command a premium, landlords should consider that they will benefit most if their property is kept to what tenants want in terms of spec, which is a contemporary, refurbished, and well-maintained property with interiors in neutral colours.”

WM · 2024 37 LETTINGS

Ashley Gardens, Thirleby Road, SW1P

£1,500,000 SHARE OF FREEHOLD

• Council tax: Band G

• Service charge: £8,000 p/a

• High specification

• Study area

• 24 hour porter

• Mansion block

An outstanding, three double bedroom, three bathroom raised ground floor apartment located in this prestigious mansion block in the heart of Westminster. Located on a very quiet street, immaculately presented and offered with vacant possession this spacious property extends to almost 1,300 sq ft. Very private with a lovely outlook over stunning gardens and 24-hour porter. Accommodation comprises a magnificent reception room which is flooded with natural light, has impressive ceiling height and provides a wonderful environment to dine and entertain. The bespoke fitted kitchen is fully integrated with quartz worktops and there are three generous double bedrooms which all have their own en-suite shower rooms as well as an abundance of built-in storage. EPC: D

Council
WINKWORTH PIMLICO: 020 7828 1786 | pimlico@winkworth.co.uk | winkworth.co.uk/pimlico-westminster 3 1 3

£2,000,000 FREEHOLD

• Council tax: Band G

• Terraced house

• Garden & terrace

• Grade II listed

• Incredible river views

A rare opportunity to purchase a freehold house with the most incredible views over the River Thames towards Battersea Power Station. The house has been in the same ownership for nearly 30 years and offers an incoming purchaser the chance to put their own stamp on this truly magnificent central London property. Nestled amongst this pretty, late Regency-era small terrace of houses this incredible family home offers the most amazing vista over the river and on towards Battersea Power Station. When inside one is cocooned in tranquillity and the house offers fabulous light throughout as well as privacy and security. EPC: E

WINKWORTH PIMLICO: 020 7828 1786 | pimlico@winkworth.co.uk | winkworth.co.uk/pimlico-westminster

Grosvenor Road, SW1V
3 1 2

Bayswater Road, W2

£2,950,000 LEASEHOLD

• Council tax: Band H

• 2 En-suite bathrooms

• 1,769 sq ft Internal area

• Ample Natural Light

• 24h Concierge Service

• Designed by Elie Saab

• Miele & Siemens Appliances

This exquisite 3-bedroom residence spans two floors, offering a spacious 1,769 sq ft of internal space, with 4 well-appointed bathrooms, including 2 en-suites. Two generously-sized terraces, a lower ground floor terrace measuring 104 sq ft and a ground floor terrace of 137 sq ft provide perfect spots for outdoor relaxation. The allure of Hyde Park graces your doorstep, offering spectacular south-facing views that invite natural light to flood your living space. Located in an ideal neighbourhood, you're mere minutes away from the renowned Billionaires Row and the historic Kensington Palace.

40 WM · 2024
3 1 3 WINKWORTH NEW HOMES: 020 7355 0284
newhomes@winkworth.co.uk
newhomes.winkworth.co.uk SOLD
|
|

THE WINKWORTH LONDON OFFICE DIRECTORY

Over 55 offices in London, over 100 across the UK.

Prime Central London

Kensington 020 7727 1500

118 Kensington Church Street, W8 4BH kensington@winkworth.co.uk

Knightsbridge & Chelsea 020 7589 6616

289 Brompton Road, SW3 2DY knightsbridge@winkworth.co.uk

Notting Hill 020 7727 3227

178 Westbourne Grove, W11 2RH nottinghill@winkworth.co.uk

Paddington & Bayswater 020 7467 5770

23 Leinster Terrace, W2 3ET paddington@winkworth.co.uk

Pimlico & Westminster 020 7828 1786

31 Belgrave Road, SW1V 1RB pimlico@winkworth.co.uk

South Kensington

020 7373 5052

123a Gloucester Road, SW7 4TE southkensington@winkworth.co.uk

Central London

Clerkenwell & City 020 7405 1288

66 Exmouth Market, EC1R 4QP clerkenwell@winkworth.co.uk

Maida Vale 020 7289 1692

211-213 Sutherland Avenue, W9 1RU maidavale@winkworth.co.uk

Winkworth Development and Commercial Investment 020 7355 0285

13 Charles II Street, London, SW1Y 4QU commercial@winkworth.co.uk

Winkworth New Homes 020 7355 0202

13 Charles II Street, London, SW1Y 4QU newhomes@winkworth.co.uk

London West

Chiswick 020 8994 7096

269 Chiswick High Road, W4 4PU chiswick@winkworth.co.uk

Ealing & Acton 020 8896 0123

5-6 Station Buildings, Uxbridge Road, W5 3NU ealing@winkworth.co.uk

Fulham & Parsons Green 020 7731 3388

40 New King’s Road, SW6 4ST fulham@winkworth.co.uk

Fulham Palace Road 020 7731 3388

190 Fulham Palace Road, W6 9PA fulham@winkworth.co.uk

Hammersmith 020 7371 4466

129 Shepherd’s Bush Road, W6 7LP hammersmith@winkworth.co.uk

Kensal & Queen’s Park 020 8960 4947

Bridge House, Chamberlayne Road, NW10 3NR kensalrise@winkworth.co.uk

North Kensington 020 7792 5000

141 Ladbroke Grove, W10 6HJ northkensington@winkworth.co.uk

Shepherd’s Bush & Acton 020 8735 3266

97 Uxbridge Road, W12 8NL shepherdsbush@winkworth.co.uk

London South

Barnes 020 8255 0088

2 Barnes High Street, SW13 9LB barnes@winkworth.co.uk

Beckenham 020 8650 1000

141 High Street, BR3 1BX beckenham@winkworth.co.uk

Blackheath 020 8852 0999

5 Blackheath Village, SE3 9LA blackheath@winkworth.co.uk

Cheam 020 8770 7766

45-47 Station Way, SM3 8SD cheam@winkworth.co.uk

Crystal Palace 020 8655 9530

45-47 Westow Hill, SE19 1TS crystalpalace@winkworth.co.uk

Dulwich 020 8299 2722

97 Lordship Lane, SE22 8HU dulwich@winkworth.co.uk

Forest Hill 020 3941 9797

9 London Road, SE23 3TW foresthill@winkworth.co.uk

Greenwich 020 3053 3033

279-283 Greenwich High Road, SE10 8NB greenwich@winkworth.co.uk

Herne Hill 020 7501 8950

236 Railton Road, SE24 0JT hernehill@winkworth.co.uk

Kennington 020 7587 0600

299 Kennington Road, SE11 4QE kennington@winkworth.co.uk

New Cross 020 7277 7298

157 New Cross Road, SE14 5DG newcross@winkworth.co.uk

Putney 020 8788 9295

196 Upper Richmond Road, SW15 2SH putney@winkworth.co.uk

Southfields 020 8877 1000

241 Wimbledon Park Road, SW18 5RJ southfields@winkworth.co.uk

Streatham 020 8769 6699

46-50 Streatham Hill, SW2 4RD streatham@winkworth.co.uk

42 WM · 2022

Surbiton

020 3861 0010

26 Brighton Road, Surbiton, KT6 5PQ surbiton@winkworth.co.uk

Surrey Quays 020 7237 9119

1st flr unit, Surrey Quays Shopping Centre, SE16 7LL surreyquays@winkworth.co.uk

Tooting

020 8767 5221

17 Upper Tooting Road, SW17 7TS tooting@winkworth.co.uk

West Norwood

020 8670 0035

28 Knights Hill, SE27 0HY westnorwood@winkworth.co.uk

Wimbledon 020 3761 4044

44 Wimbledon Hill Road, SW19 7PA wimbledon@winkworth.co.uk

Worcester Park

020 8335 5555

33 Brabham Court, Central Road, Surrey, KT4 8EG worcesterpark@winkworth.co.uk

London North

Barnet

020 8447 5656

35 High Street, EN5 5UW barnet@winkworth.co.uk

Borehamwood & Elstree 020 8953 8899

56 Shenley Road, WD6 1DS borehamwood@winkworth.co.uk

Crouch End 020 8342 9999

12 Broadway Parade, Tottenham Lane, N8 9DE crouchend@winkworth.co.uk

Finchley

020 8349 3388

364 Regent’s Park Road, N3 2LJ finchley@winkworth.co.uk

Golders Green

020 8458 8313

891 Finchley Road, NW11 8RR goldersgreen@winkworth.co.uk

Harringay

020 8800 5151 10-11 Grand Parade, Green Lanes, N4 1JX harringay@winkworth.co.uk

Harrow 020 8861 3933

144 Station Road, HA1 2RH harrow@winkworth.co.uk

Hendon 020 8202 1031

49 Brent Street, NW4 2EA hendon@winkworth.co.uk

Highbury 020 7989 7000

106 Highbury Park, N5 2XE highbury@winkworth.co.uk

Highgate 020 8341 1988

36 Highgate High Street, N6 5JG highgate@winkworth.co.uk

Islington 020 7354 2480

65 Upper Street, N1 0NY islington@winkworth.co.uk

Kentish Town

020 7485 9210

306 Kentish Town Road, NW5 2TH kentishtown@winkworth.co.uk

Kingsbury 020 8204 0000

505-507 Kingsbury Road, NW9 9EG kingsbury@winkworth.co.uk

Palmers Green 020 8920 9900

393 Green Lanes, N13 4JG palmersgreen@winkworth.co.uk

Stoke Newington 020 3869 9000

144 Stoke Newington Church Street, N16 0JU stokenewington@winkworth.co.uk

West Hampstead 020 7483 7602

142 West End Lane, West Hampstead, NW6 1SD westhampstead@winkworth.co.uk

London East

Bow 020 8981 6776

429 Roman Road, E3 5LX bow@winkworth.co.uk

Hackney 020 8986 4216

17 Lower Clapton Road, E5 0NS hackney@winkworth.co.uk

Shoreditch 020 7749 7650

184 Brick Lane, E1 6SA shoreditch@winkworth.co.uk

directory • OFFICE DETAILS

THE WINKWORTH COUNTRY OFFICE DIRECTORY

Over 45 offices in the country, over 100 across the UK.

Berkshire

Newbury 01635 552552

43 Northbrook Street, Newbury, RG14 1DT newbury@winkworth.co.uk

Reading 0118 4022300

Blagrave House, 17 Blagrave Street, Reading, RG1 1QB reading@winkworth.co.uk

Sunningdale 01344 291639

3 Broomhall Buildings, London Road, Sunningdale, SL5 0DH sunningdale@winkworth.co.uk

Wokingham 01189 072777

7 Broad Street, Wokingham, Berkshire RG40 1AY wokingham@winkworth.co.uk

Buckinghamshire

Beaconsfield 01494 677978

46 London End, Beaconsfield, HP9 2JH beaconsfield@winkworth.co.uk

Bristol

Bishopston 01179 838383

14, The Promenade, Gloucester Road, Bishopston, Bristol BS7 8AL bishopston@winkworth.co.uk

Cambridgeshire

Market Deeping 01778 347098

5a High Street, Market Deeping, PE6 8ED marketdeeping@winkworth.co.uk

Devon

Crediton 01363 773 757

115 High Street Crediton, EX17 3LG crediton@winkworth.co.uk

Dartmouth 01803 832288

3a Market Street, Dartmouth, Devon, TQ6 9QE dartmouth@winkworth.co.uk

Exeter 01392 271177

The Lodge, 10a Southernhay West, Exeter, EX1 1JG exeter@winkworth.co.uk

St Leonards 01392 271177

65 Magdalen Road, Exeter, EX1 1TB exeter@winkworth.co.uk

Tiverton 01884 675 675

15 Fore Street, Tiverton, EX16 6LN tiverton@winkworth.co.uk

Dorset

Ferndown 01202 434365

406 Ringwood Road, Ferndown, BH22 9AU ferndown@winkworth.co.uk

Highcliffe 01425 270055

279 Lymington Road, Highcliffe, BH23 5EB highcliffe@winkworth.co.uk

Mudeford 01425 274444

4 Falcon Drive, Mudeford, Christchurch, BH23 4BA mudeford@winkworth.co.uk

Poole 01202 733000

135 Penn Hill Avenue, Lower Parkstone, Poole, BH14 9LY poole@winkworth.co.uk

Southbourne 01202 434365

29 Southbourne Grove, Bournemouth, BH6 3QT southbourne@winkworth.co.uk

Westbourne 01202 767633

77 Poole Road, Bournemouth, BH4 9BB westbourne@winkworth.co.uk

Wimbourne 01202 841171

15 East Street, Wimbourne, BH21 1DT wimbourne@winkworth.co.uk

East Sussex

Brighton & Hove 01273 772175

32 Church Road, Hove, BN3 2FN brightonhove@winkworth.co.uk

Essex

Leigh on Sea 01702 470625

218 Leigh Road, Leigh on Sea, Essex, SS9 1NP leighonsea@winkworth.co.uk

Gloucestershire

Cheltenham 01242 386 586

79 Promenade, Cheltenham, GL50 1PJ cheltenham@winkworth.co.uk

Hampshire

Basingstoke 01256 811730

Keel House, 10B Church Street, RG21 7QE basingstoke@winkworth.co.uk

Milford on Sea 01590 642641

5 Church Hill, Milford on Sea, SO41 0QH milford@winkworth.co.uk

Petersfield 01730 267274

26 High Street, Petersfield, GU32 3JL petersfield@winkworth.co.uk

Romsey 01794 511911

18 Market Place, Romsey, SO51 8NA romsey@winkworth.co.uk

44 WM · 2022

Sway 01590 683834

The Estate Office, Station Road Sway, Lymington SO41 6AA sway@winkworth.co.uk

Winchester 01962 866777

72 High Street, Winchester, SO23 9DA winchester@winkworth.co.uk

Kent

Canterbury 01227 456645

Albert House, 14 St.John’s Lane, CT1 2QG canterbury@winkworth.co.uk

Lincolnshire

Bourne

01778 392807

6 West Street, Bourne, PE10 9NE bourne@winkworth.co.uk

Grantham 01476 578888

4 Finkin Street, Grantham, NG31 6QZ grantham@winkworth.co.uk

Sleaford 01529 303377

3 Northgate, Sleaford, NG34 7BH sleaford@winkworth.co.uk

Norfolk

Eaton 01603 324466

21 Eaton Street, Norwich, NR4 7AB eaton@winkworth.co.uk

Hellesdon 01603 881010

185a Reepham Road, Hellesdon, Norwich, Norfolk NR6 5NZ hellesdon@winkworth.co.uk

Poringland

01508 528880

Unit 2, Overtons Way, Poringland, Norwich, Norfolk NR14 7WB poringland@winkworth.co.uk

Northamptonshire

Northampton 01604 204455

221 Wellingborough Road, Northampton, NN1 4EF northampton@winkworth.co.uk

North Somerset

Bath 01225 829000

13 Argyle Street, Bath, BA2 4BQ bath@winkworth.co.uk

Surrey

Bagshot 01276 402229

41 High Street, Bagshot, Surrey, GU19 5AF bagshot@winkworth.co.uk

Banstead 01737 362 362

100 High Street, Banstead Surrey, SM7 2NN banstead@winkworth.co.uk

Farnham 01252 733042

99 West Street, Farnham, GU9 7EN farnham@winkworth.co.uk

Weybridge 01932 854400

79 Queens Road, Weybridge, KT13 8AB weybridge@winkworth.co.uk

Suffolk

Southwold 01502 723007

45 High Street, Southwold, Suffolk, IP18 6DJ southwold@winkworth.co.uk

Warwickshire

Royal Leamington Spa 01926 956560

19 Denby Buildings, Regent Grove

Royal Leamington Spa Warwickshire CV32 4NY leamingtonspa@winkworth.co.uk

West Sussex

Worthing 01903 216219

45 Warwick Street, Worthing, BN11 3DQ worthing@winkworth.co.uk

Wiltshire

Marlborough 01672 552777

97 High Street, Marlborough, Wiltshire, SN8 1HD marlborough@winkworth.co.uk

Salisbury 01722 443000

44 Castle Street, Salisbury, Wiltshire, SP1 3TS salisbury@winkworth.co.uk

directory • OFFICE DETAILS

Northumberland Place, W2

£3,500 PER WEEK

• Council tax (Royal Borough of Kensington & Chelsea - Band H £2,844.80 p/a)

• Terraced house

• Garden

• Contemporary

WINKWORTH NOTTING HILL 020 7727 3227 nottinghill@winkworth.co.uk winkworth.co.uk/notting-hill

Arranged over four floors, the property offers a wonderful combination of bright, contemporary, and airy lateral living space designed and finished to the highest of standards with a stunning double height glass rear elevation overlooking the secluded private garden at the back. The property comprises three very spacious bedrooms each occupying an entire floor of the house, all with en-suite shower rooms and built in storage laid out over the top three floors, and a fourth guest bedroom and shower room is located on the lower ground with a separate entrance perfect for a guest room/nanny flat with a separate fully equipped utility area. The house further offers incredible living space on the ground floor with beautiful wood floors throughout, working gas fire and separate study area overlooking the double height glass door at the back. Stairs lead down to this wonderfully spacious and beautifully designed fully fitted eat in kitchen with further family living/dining space overlooking this pretty private and secluded garden. EPC: C

46 WM · 2024
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