Drewery - July Sidcup Property News (8)

NEWSJULY 2013

Covering a varied selection of property for sales and to let throughout the London Borough of Bexley (Sidcup. Welling, Bexleyheath, Bexley ), North West Kent ( Dartford, Crayford, Swanley ) & South East London (Etham SE9, Woolwich SE18) as well as surrounding areas.

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Newsletter July 2013

Waitrose finally confirm sidcup store Will open

New sellers ask over £250,000 for first time as South East ‘lifts off’• Price of new to market property up by 1.2%

(+£2,957) in June, breaking £250,000 for the first time

• Despite another record in the capital, the biggest winner in 2013 is the ‘under-priced’ South East where prices have soared by 14.8% (+£42,548) since the start of the year

• Each and every region records a strong half-year rise in new seller asking prices, as they start to ride the wave of London’s buoyancy

• Evidence of a wider pick up reinforced as the north shows signs of keeping pace with the south – up 9.2% and 10.6% respectively over the first six months of 2013

• Higher confidence, lower mortgage rates and inflation-eroded prices encourage more housing market activity

As Featured On Front Page......

Attractive and deceptively spacious 3 bedroom semi detached period house which has been well maintained by the current owner. The property is situated in a popular road and located within easy access of local shops and schools.This well presented semi detached period property comprises: entrance hall, lounge featuring polished floorboards, dining room leading through to a modern kitchen, ground floor family bathroom with bath and shower cubicle and 3 good sized bedrooms with the master measuring 14`4 x 12.Externally is a small lawned rear garden featuring side access, along with a paved front garden. In our opinion this is a charming 3 bedroom semi detached period property. Well presented throughout and in a popular location, we would strongly advise your earliest appointment.

property of tHe montH

Shirley Road, Sidcup, DA15 7JWPrice: £279,950

riGHtmoVe House price indeXfor June 2013

Waitrose has finally confirmed that it will be opening a store in Sidcup High Street within the next three months even though the firm had originally halted proposals to open the store May last year.

The firm has confirmed they have given the go ahead to open the store by the end of August 2013 and will create up to 70 new jobs.

Old Bexley and Sidcup MP James Brokenshire commented’’:

“This is absolutely fantastic news for Sidcup after the concerted campaigning of so many people. The Sidcup Waitrose will give a big boost to the High Street and create new jobs”.

In July last year we reported that the retailer was presented with a petition containing over 6000

signatures from the local members of the public calling for the retailer to reconsider its decision to not open the store.

The campaign ‘We Want Waitrose Campaign’, was backed by Bexley Council, with the support of Sidcup MP James Brokenshire and even Mayor of London Boris Johnson.

Paul Long, Director of Drewery Property Consultants commented:

‘’The Sidcup Waitrose will help improve Sidcup High Street further and more importantly create new jobs for the local community and with further improvements expected via the London Borough of Bexley’s project ‘’In Store For Sidcup’ this is an exciting time for the area”.

The project ‘’In Store For Sidcup’’ is supported by £1.2m from the Mayor of London, Boris Johnson’s Outer London Fund, which is funding projects designed to increase the vibrancy and growth of high streets, and £600,000 from the London Borough of Bexley.

It is well worth considering that local facilities are one of the key points buyers will consider when choosing an area to buy in. A good high street full of well known retailers will only continue help to help attract buyers to the Sidcup area and help keep local house prices buoyant’’.

Avg. Price- Avg. Price Monthly Avg. Price Annual June 13 May 13 Change June 12 Change

Bexley £225,794 £227,776 -0.9% £224,895 0.4%

Bromley £371,774 £363,563 2.3% £356,799 4.2%

SIDCUP £279,950Haven Close, Sidcup, DA14 5DY

3 bed semi detached house requiring updating throughout. Offering potential to extend (STPP). GCH. DG. 15`10 x 11`10 Lounge. Second reception. Kitchen. D/s shower room & sep wc. 3 bedrooms. U/s wc. Front & rear gardens. De-tached garage. OSP. Chain Free. http://tinyurl.com/ck6q8cb (ref 3465).

SIDCUP £345,000Hurst Road, Sidcup, DA15 9AH

4 bed semi det house offering spacious living accommodation. Easy access to Sidcup station, shops & schools. GCH. DG. 23`4 lounge. Kitchen/diner. Util-ity area. Downstairs cloakroom. Master bedroom with ensuite shower room. 3 further bedrooms. Family bathroom. OSP. Garage. Well maintained rear garden o/looking playing fields. http://tinyurl.com/42857va (ref 2722).

SIDCUP £375,000Cherrydown Road, Sidcup, DA14 4PF

5 bedroom extended semi detached house. Close to Albany Park station and within the catchment area of Sidcup`s most sought after schools. 25`4 thru lounge. Modern kitchen/diner. 3 double and 2 single bedrooms. Family bathroom. 80` rear garden. Single garage. OSP. http://tinyurl.com/pawm35v (ref 3492).

SIDCUP £525,000 Sydney Road, Sidcup, DA14 6RB

4 bed det house with great potential with wide frontage and woodland style rear garden. 2 receptions. Kitchen. Utility rm. Master bedroom with ensuite. 3 further bedrooms. Bathroom. Elevated decked area leading down to wood-land garden. Ample parking to front and rear. Integral garage. Rare opportu-nity. Earliest viewing recommended. http://tinyurl.com/cmsub2m (ref 3478).

PROFESSIONAL PROPERTY SERVICES SINCE 1946

t: 020 8300 6761www.drewery.co.uk

SIDCUP £145,950Carlton Road, Erith, DA8 1DS

2 bed ground floor, purpose built flat. Pleasant residential area, conveniently located with easy access to both Erith & Barnehurst stations, schools, bus routes and nearby Northumberland Heath shops. Lounge. Kitchen. 2 bedrooms. Bathroom/wc. Communal garden. Garage en bloc. http://tinyurl.com/dyfnbfh (ref 3414).



SIDCUP £174,950Beavers Lodge, 28 Carlton Road, Sidcup, DA146TU

Spacious 2 bed first floor flat. 19`1 x 12`6 lounge with views over communal garden. Kitchen. 14`10 x 8`9 master bedroom. Second bedroom. Bathroom. Communal garden. Garage en bloc. GCH. DG. E/phone system. Sidcup station with easy reach. Early viewing recommended. http://tinyurl.com/bmjnwbw (ref 2590).

SIDCUP £89,950Heron House, Lansdown Road, Sidcup, DA14 4EG:

Well presented one bed retirement flat. Lounge. Kitchen. Bedroom. Bathroom. Communal lift, gardens and lounge area. Easy access to local amenities, including Sidcup station and High Street. Early viewing recommended. http://tinyurl.com/bbh9vy3 (ref 1468).

SIDCUP £127,500Buckthorn House, Longlands Road, Sidcup, DA15 7NA

One bed top floor purpose built flat. Short walk from Sidcup station, bus routes and local shops. 15`10 x 12`2 lounge. Kitchen. Double bedroom. Bathroom. Allocated parking space. Communal grounds. Competitively priced. Ideal FTB. http://tinyurl.com/nxew5uo (ref 3477).

THE HOLLIES £529,995Cypress Tree Close, The Hollies, Sidcup, DA15 8HD

Spacious 4 bed det house on the sought after “Hollies” development. 2 receptions. Kitchen. Utility rm. D/s clkrm. Master bedroom with ensuite. 3 further bedrooms. Family bathroom. Large driveway for OSP. Integral garage. Landscaped rear garden. Onsite leisure club. Walking distance to Sidcup station. http://tinyurl.com/45xkybk (ref 2747).

SIDCUP £399,950Marlborough Park Avenue, Sidcup, DA15 9DP

Extended 4 bed semi det house. Popular and convenient location for schools, The Oval & Sidcup shopping facilities, Sidcup station, Marlborough Park. Lounge. Dining room. Kitchen. Family bathroom. Master bedroom with ensuite, 3 further bedrooms. Rear garden. Single garage. Multiple OSP. http://tinyurl.com/cmywa2x (ref 3433).

VIDEO PRESENTATIONVisit our Property Channelwww.drewery.tv

Unique 4 bed s/det Edwardian house. Stunning condition. Elegantly & tastefully decorated t/out. Entrance vestibule. Lounge with corner bay. Modern kitchen open to

dining area. D/s bthm & U/s shower rm. Master bedrm with corner bay. 3 further beds. Gravel driveway & att garage. Astro turfed lawn to rear garden.

Early viewing a must. http://tinyurl.com/7lvuwar (ref 2736).

SIDCUP £575,000The Drive, Sidcup, DA14 4ER

DREWERY RESIDENTIAL INVESTMENTS


tenants looking for a property?Come and talk to your localLicenced ARLA Agentand benefit from the experience of the longest established letting agent inthe local area – Established. 1946

Have confidence in consulting with a qualified and trained agent who can give you up-to-date advice and guidance.

SIDCUPRENTAL: £1,250 PCMGreenwood Close, Sidcup, DA15 9AD

Well maintained 3 bed town house arranged on 3 floors and situated in cul-de-sac location. Close to shops, schools, bus routes and Sidcup station. DG. GCH. D/s clkrm. Spacious lounge. Kitchen/breakfast room with appliances. 3 bedrooms. Modern family bathroom. Garden to rear. Garage & OSP to front. Avail end July. http://tinyurl.com/6hj74e4 Unfurnished. (ref 2586).

SIDCUPRENTAL: £900 PCMConroy Court, Elm Road, Sidcup, DA14 6EL

Modern 2 bed first floor apartment. Sought after location, including High St, shops, schools, bus routes and Sidcup station. DG. Elec stge htg. E/phone. Lounge open plan to kitchen with appliances. 2 double bedrooms. Bathroom. Communal gardens. Allocated parking space. Avail early August. Unfurnished. http://tinyurl.com/pmsm55l (ref 722).

SIDCUP RENTAL: £1,600 PCMBraundton Avenue, Sidcup, DA15 8EW

4/5 bed extended semi detached chalet style house. Popular residential road and situated close to shops, schools, bus routes and Sidcup station. GCH. DG. 2 receptions. 5th bedroom/study. Kitchen/breakfast room. D/s utlity rm. D/s shwr rm. 4 bedrooms. Family bathroom. 80` rear garden. OSP for 3/4 cars. Avail early August. Part/Unfurnished. http://tinyurl.com/n86fp2h (ref 1184).

SIDCUPRENTAL: £875 PCMHallam Court, 15a Hatherley Road, Sidcup, DA14 4FF

Luxury, new build, one bed second floor apartment. Close to High St, bus routes & Sidcup station. GCH. DG. E/phone. Lift. Lounge/diner. Open plan kitchen with appliances. Bedroom. Modern bathroom. Allocated parking space. Communal gardens. Avail mid July. http://tinyurl.com/c9qg28d (ref 3105).

latest properties to rentCALL US TODAY TO REGISTER YOUR DETAILS

T: 020 8269 6600

SIDCUPRENTAL: £950 PCMOld Farm Avenue, Sidcup, DA15 8AA

Larger than average 2 bed ground floor maisonette. Close to shops, bus routes and New Eltham statin. GCH. DG. Neutral decor. Lounge with doors to garden. Fitted kitchen. 2 double bedrooms. Bathroom. Rear garden. Driveway to side with OSP for 2/3 cars. Avail July. http://tinyurl.com/owvc7mw (ref 2139).

SIDCUPRENTAL: £1,150 PCMFootscray Lane, Sidcup, DA14 4NR

3 bed terr house in residential road adn close to bus routes, train stations and local schools. GCH. DG. Recently redecorated to most rooms. 2 receptions. Fitted kitchen. 2 double and 1 single bedrooms. Modern family bathroom. Good size rear garden. OSP to front. Avail now. Unfurnished. http://tinyurl.com/c57s8g3 (ref 3460).

ExperienceThe longest established letting agent in the local area - Established 1946 -

KnowledgeWe manage more properties locally than any other local agent.

TrustLiscensed ARLA Agent (Association of Residential Letting Agents)

3 good reasons

why you should come and talk to us:

LAndLords

Looking for a Buy-to-Let investment

Come and talk to your local Licenced ARLA Agent

and benefit from the experience of the longestestablished letting agent in the local area.

- Established. 1946 -

Have confidence in consulting with a qualified and trained agent who can give you up-to-date advice and guidance on the Buy-to-Let market.



landlords remain Keen to Buy despite softening tenant demand

RICS has published its Residential Market Survey for May 2013, showing that they amount of homes sold in theUK over the past three months has reached its highest level since January 2010.

On average, nearly 17.9 properties were sold during the three months leading to May, according to the charteredsurveyors involved in the report, the highest figure since January 2010.

In fact, sales are expected to continue this positive trend over the next three months with a net balance of 35% ofrespondents predicting a growth in transaction levels.

Furthermore, more prices edged up last month as 5% of surveyors reported increases across the board.

Previously price stability had been confined mainly to the South East and London, whereas this stability has now started to reach other parts of the UK. With the sales market recovering slowly, prices are expected to rise further over the next three months.

Commenting on the Survey, RICS Global ResidentialDirector Peter Bolton King said:

“May was an interesting month for the housing market. More people decided to get out there and view property and more transactions went through than in quite some time. Most encouragingly of all, though, is that stability is not confined purely to London and the South East, as has been the case, but is now starting to extend to areas right across the country. There is still a very long way to go until we see a full scale recovery but green shoots are beginning to sprout.”

number of uK Homes sold in last 3 months reaches Highest levels since January 2010

Landlord investment in residential property has increased significantly over the past three months despite slight easing of tenant demand, according to research from the Association of Residential Letting Agents (ARLA)*.

The proportion of ARLA members who think landlords are currently increasing their net investment in the private rental sector (PRS) by buying properties has risen sharply - from 30% to 39% - over the last three months, indicating that rental property is still perceived as a safe investment amidst ongoing financial instability.

In addition to more landlords buying properties, the proportion of landlords selling their properties is also down incrementally on the previous quarter, from 15% to 14%, again indicating sector confidence.

Despite this positive investment background tenant

demand has actually weakened slightly in the second quarter. ARLA’s research shows that 54% of respondents said that there are more tenants than properties, a decrease from the 57% seen in the first quarter.

Susan Fitz-Gibbon, President of ARLA, said:“Our research shows that rental properties are still seen as a good investment option, despite the challenging economic climate. The slight slowing in tenant demand is worth noting, but the overall trend is still a continued appetite for rental homes.“We would urge anyone planning to let out additional properties, or landlords looking at changing their portfolio, to do plenty of research and consult with experts. It is vital to ensure your investment is properly protected - using an ARLA agent will mean you have access to Client Money Protection and a redress scheme, as well as advice on selecting the right property at the right price.”

Established Agent: Drewery are the most established agent in the local area (est 1946) with a proven track record and membership of the NAEA & ARLA.

Prime Office Location: Drewery occupy an unrivalled, prime location, close to Sidcup Station and major supermarket.

Experienced Sales Team: Drewery employ the most experienced sales & letting team locally with 15 members of staff.

Maximum Internet Exposure: Drewery has the most dominant internet exposure locally including Rightmove, Primelocation & Zoopla, plus 30 other property websites.

Why use drewery property consultants?

contact usDREWERY PROPERTY CONSULTANTS

128 Station Road Sidcup DA15 7AF

Telephone:

Sales: 020 8300 6761Lettings: 020 8269 6600

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Drewery - July Sidcup Property News (8)

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