knight Frank Central 2

DIRECTORYGlobal Headquarters

+44 (0)20 7629 817155 Baker StreetLondon, W1U 8ANUnited Kingdom

Country Department

+44 (0)20 7629 [email protected]

International Department


Mayfair+44 (0)20 7499 [email protected]

Notting Hill+44 (0)20 7229 [email protected]

Richmond (Sales only)+44 (0)20 8939 [email protected]

Riverside+44 (0)20 7590 [email protected]

South Kensington+44 (0)20 7871 [email protected]

St John’s Wood+44 (0)20 7586 [email protected]

Wandsworth (Sales only)+44 (0)20 8682 [email protected]

Wapping & City+44 (0)20 7480 [email protected]

Wimbledon+44 (0)20 8946 [email protected]

Regional Offi ces Sales & Lettings

Ascot+44 (0)1344 [email protected]

Cobham+44 (0)1932 [email protected]

London Sales & Lettings

Battersea+44 (0)20 3597 [email protected]

Belgravia+44 (0)20 7881 [email protected]

Canary Wharf & Royal Docks+44 (0)20 7512 [email protected]

Chelsea+44 (0)20 7349 [email protected]

Fulham+44 (0)20 7751 [email protected]

Hampstead+44 (0)20 7431 [email protected]

Hyde Park+44 (0)20 7861 [email protected]

Islington+44 (0)20 3657 [email protected]

Kensington+44 (0)20 7938 [email protected]

Knightsbridge+44 (0)20 7591 [email protected]

Marylebone+44 (0)20 7483 [email protected]

Esher+44 (0)1372 [email protected]

Regional Offi ces Sales

Basingstoke+44 (0)1256 [email protected]

Bath+44 (0)1225 [email protected]

Beaconsfi eld+44 (0)1494 675368beaconsfi [email protected]

Berkhamsted+44 (0)1442 [email protected]

Bristol+44 (0)117 317 [email protected]

Cheltenham+44 (0)1242 [email protected]

Cirencester+44 (0)1285 [email protected]

Exeter+44 (0)1392 [email protected]

Guildford+44 (0)1483 [email protected]

Harrogate+44 (0)1423 [email protected]

Haslemere+44 (0)1428 [email protected]

Henley-on-Thames+44 (0)1491 [email protected]

Hereford+44 (0)1432 [email protected]

Horsham+44 (0)1403 [email protected]

Hungerford+44 (0)1488 [email protected]

Oxford+44 (0)1865 [email protected]

Sevenoaks+44 (0)1732 [email protected]

Sherborne+44 (0)1935 [email protected]

Stratford-upon-Avon+44 (0)1789 [email protected]

Sutton Coldfi eld+44 (0)121 3627878sutton.coldfi [email protected]

Tunbridge Wells+44 (0)1892 [email protected]

Virginia Water+44 (0)1344 [email protected]

Winchester+44 (0)1962 [email protected]

Worcester+44 (0)1905 [email protected]

Scotland

Edinburgh+44 (0)131 222 [email protected]

Lauder+44 (0)1578 [email protected]

Ireland

Dublin+353 (0)1 662 [email protected]

International

For a full listing of our international offi ces please visit KnightFrank.com

Important Notice

1. Particulars: These particulars are not an off er or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (‘information’) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).

2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Any computer generated images (CGI) are indicative only.

3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning,

building regulations or other consent has been obtained. A buyer or lessee must fi nd out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.

4. VAT: The VAT position relating to the property (where applicable) may change without notice.

Whilst every eff ort has been made to ensure the accuracy of the information contained in this publication, the publisher cannot accept responsibility for any errors it may contain. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Knight Frank LLP, 55 Baker Street, London W1U 8AN.

Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered offi ce is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears.

Cover image: New End, see page 9

This Local View is one of a series of fi ve publications covering the London area. To view and download a PDF or request a hard copy please visit KnightFrank.com/Publications

Welcome to Local View 2012. In the pages that follow, we hope to give you an insight into the unique London property market and showcase a selection of the most beautiful London properties currently for sale and to rent with Knight Frank.

The London market has performed surprisingly well during the fi rst half of the year, despite the economic uncertainty that persists in the Eurozone and in many of the wider, global markets. The capital became the focus of the world during our Great British Summer and our London offi ces experienced a surprising level of activity throughout most of this period.

Looking ahead, there appears to be a two stream market divided by the £2m stamp duty threshold. Below this level, the market is active, whilst above the threshold the market is patchy.

The continued uncertainty surrounding how properties owned in company names, or bought by ‘non-natural persons’, will be treated, has put some Prime and Super Prime buyers into ‘wait and see mode’ until the government’s consultation document is released at the beginning of December 2012. Despite this, London continues to attract interest from overseas investors, and the capital remains the number one destination in which to live, in the minds of many individuals from around the world.

Knight Frank has continued to invest in its network, both in London and overseas. We have opened new offi ces in Islington and Marylebone, and the Riverside team has moved to a spectacular offi ce at Albion Riverside. The team now covers the Battersea sales and rental markets. Overseas we have opened offi ces in Dubai, Qatar, Calcutta and South Africa, thus extending our reach to capture buyers and tenants from around the world.

I trust you will enjoy reading the articles contained within this edition of Local View and leafi ng through the many pages of wonderful properties that our clients have asked us to fi nd buyers or tenants for.

If you see any properties that interest you or if you would like advice on any property matter then please do not hesitate to get in touch with any one of our offi ces.

WELCOME

Noel FlintHead of London Residentialnoel.fl [email protected]

4 London Market Overview6 Belgravia18 Chelsea32 Kensington46 Knightsbridge58 Notting Hill70 South Kensington82 Knight Frank Service Directory83 Knight Frank Office Directory

CONTENTS

16

50 66

26 35

LONDON SALES MARKET4

Average prime property values in central London now stand at a new record high, some 15% above their pre-crisis peak in March 2008.

This growth in prices has taken place despite the impact of the March budget’s 40% rise in the top rate of stamp duty together with new, and still undefi ned, rules for an annual charge on £2m+ properties held in certain ownership structures and the reform of non-resident capital gains tax rules.

But the budget tax changes have had an undeniable impact on activity levels in the market, with the volume of sales in the £2m-£5m sector falling 20% in the three months to September compared to the same period in 2011. Sales volumes above this bracket have been more robust, and there has also been a strong 23% rise in sales volumes for homes worth up to £2m.

The sub £2m bracket is also where price growth has been strongest, with an annual increase of 11.6%.

Despite the weaker transaction volumes in the £2m-£5m bracket, the number of prospective buyers has been fairly evenly matched with available properties across all price bands. It is worth noting however that over the last six months, stock volumes have slowly begun to creep upwards, and are now around 10% higher than in September last year.

London’s market performance continues to be aided by overseas buyers, who account for 41% of buyers in the £1m+ prime London sector, and more than 50% of buyers in the £2m+ market.This overseas demand is driven by Russian, Indian, Italian, US and French buyers – refl ecting the diversity of the market.

September saw another month of positive growth in the prime central London residential market. Prices have now risen 51% since the post-fi nancial crisis low in March 2009.

LONDON SALES MARKET

The overseas demand is driven by Russian, Indian, Italian, US and French buyers – refl ecting the diversity of the market.

10%Monthly growth pushes

annual rise to

1.7%Quarterly pace of growth

slows to

SALES MARKETBY NUMBERS

0.7%in September

Prime central London prices rise by

Top 10 buyer nationalities, 2012

UK 58.9%

Russia 4.3%

India 3.6%

Italy 3.5%

US 3.3%

France 3.2%

UAE 1.8%

Australia 1.6%

China (inc Hong Kong) 2.4%

Greece 1.3%

Residential price change, indexed from March 2009

Prime central LondonUK

100.0

105.0

110.0

115.0

120.0

125.0

130.0

135.0

140.0

145.0

150.0

Mar

-09

Jun-

09

Sep-

09

Dec

-09

Mar

-10

Jun-

10

Sep-

10

Dec

-10

Mar

-11

Jun-

11

Sep-

11

Dec

-11

Mar

-12

Jun-

12

LONDON RENTAL MARKET 5

The main factor weighing on rents has been the state of the London economy. A bounce in activity in 2010 and 2011 saw London’s gross value added (GVA) measure of economic activity climb by an annual 1.9% and 1.7% respectively.

But by the end of 2011 the economy was slowing as the Eurozone crisis put downward pressure on growth, confi dence and recruitment, and the current estimate for London’s full-year 2012 GVA growth stands a little below 1%.

This weakness can be seen in data from Morgan McKinley, which confi rmed that in terms of new employment vacancies in central London, 2012 is far underperforming the picture seen in both 2010 and 2011. The fi gures show that 2012 is in fact running a close race with 2009 to be the worst year for new vacancies since Morgan McKinley started recording this data in 2004. As a result we shouldn’t therefore be too surprised that rents have moved down over the past nine months.

But while rents may be performing below trend, activity has risen, with new lettings volumes in the fi rst half of 2012 22% higher than the same period in 2011 in prime central London.

This increase in activity refl ects a broader shift in favour of the rental sector across the UK, due to the lack of mortgage market funding for new entrants in the owner-occupier market.

For landlords this trend should permit above-infl ation rental rises over the medium term, potentially helping to halt the long-term decline in income returns on prime residential investment.

While gross yields of 3.5% have become more common in central London, investors’ attention is on total returns, which have averaged 11.4% annually over the last three years.

Like sales prices, prime rents have recovered rapidly since the market downturn in 2008-09, and are now nearly 25% higher than they were in mid-2009. Unlike capital values, rents hit a ceiling in October 2011 and have since declined, albeit marginally, by 2%.

LONDON RENTAL MARKETRENTAL MARKET

BY NUMBERS

0.1%in September

Prime London rents fall

2.3%on an annual basis

Annual rental values fall

2.0% and 3.1%

Flats marginally outperform houses - falling respectively

over the past year

-25.0%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

2008 2009 2010 2011 2012

Annual growth in prime central London rentsAnnual capital growth and average annual net income returns, prime central London

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

97 98 99 00 01 02 03 04 05 06 07 08 09 10 11

BELGRAVIA 7

Getting around: Victoria, Sloane Square, Hyde Park CornerVictoria

Best known for: Buckingham Palace, foreign embassies, theatres and high-end hotels, bars and restaurants.

Borough: City of Westminster

Area: Belgravia’s grand terraces, white stucco-fronted architecture, garden squares and cluster of upmarket boutiques, jewellers and restaurants have attracted a cosmopolitan and international community. Being home to Buckingham Palace and a number of foreign embassies lends the area a reputation for being safe and secure – a quality increasingly prized by wealthy international buyers.

Social and cultural attractions: The redevelopment of Motcomb Street, Orange Square and Elizabeth Street has created an appealing village atmosphere, with a selection of independent boutiques, delicatessens and Michelin-starred restaurants alongside bars, hotels and theatres.

Sports and leisure facilities: As well as being close to the attractions of Hyde Park, Belgravia has a number of beautiful garden squares including Eaton Square and Belgrave Square, while keen golfers have the Knightsbridge Golf School on Lowndes Square.

Our favourite places: The Thomas Cubitt, for fine British cuisine; The Nags Head, for a pint in a traditional pub; and Mossiman’s, a private dining club.

BELGRAVIAAREAS COVERED SW1E SW1H SW1P SW1V SW1W SW1X

BELGRAVIA SALES8

The market: There is still great demand for turnkey, newly refurbished properties from international buyers attracted to London due to its reputation as a safe haven for money; demand is also returning for unmodernised projects from domestic buyers encouraged by a continuing surge in property prices in prime central London.

Our outlook: The market remains strong in Belgravia, underpinned by continued international and local demand. We are witnessing buyers from all corners of the globe, demand for properties below £2m is exceeding supply and the £10m+ market continues to see a high level of activity.

Who buys here: Scandinavians, South Americans and New Zealanders, as well as the regular Middle Eastern and Russian buyers.

SALES OVERVIEW

716Every day Knight Frank

Belgravia properties are viewed

times a day through our award-winning website

SALESBY NUMBERS

97%On average we have

achieved

of the guide price on sales in the past six months

SALES INSIGHT

“Well-informed, cautious buyers are now prevalent within my market. Pricing is crucial to generating interest. The most exciting emerging hotspot is the area surrounding Victoria Station, which is undergoing regeneration.”

Our team in action: In conjunction with our Residential Development team, Knight Frank Belgravia has been instrumental in achieving fi ve sales in the new Grosvenor Crescent development. The sales team have also achieved several off market sales in the latest Berkeley Homes development in Ebury Square.

Grosvenor Crescent SW1X

Stuart Bailey Head of Sales

£32.7mthrough us in the past

six months

International buyers have spent

020 7881 7722 [email protected] KnightFrank.co.uk/Belgravia

9BELGRAVIA SALES

Immaculate Belgravia family home

Eaton Terrace

A superb Belgravia townhouse presented in immaculate order.

Master bedroom with en suite bathroom, 3 further bedrooms, 4 further bath/shower rooms (1 en suite), drawing room, reception room, kitchen, dining room, study, laundry room, garden.

Approximately 264 sq m (2,843 sq ft)

BELGRAVIA SW1FreeholdGuide price: £6,200,000

BELGRAVIA SALES10

Newly refurbished family home Apartment with large roof terrace

Two bedroom apartment Bright one bedroom apartment

Cambridge Street Ebury Street

Eaton Place Pimlico Road

BELGRAVIA SW1Leasehold: approximately 115 years Guide price: £2,950,000

A fantastic, well-proportioned four bedroom house located on one of the most desirable streets in Pimlico.

Master bedroom with dressing area and en suite bathroom, 3 further bedrooms (1 en suite), further bathroom, reception room, kitchen, dining room, garden, 2 balconies.


A south west facing one bedroom apartment located on the third floor of this popular building.

Bedroom, bathroom, reception room, kitchen, terrace, lift, porter, roof terrace, private parking.

Approximately 68 sq m (735 sq ft)

PIMLICO SW1Freehold Guide price: £2,350,000

BELGRAVIA SW1Leasehold: approximately 88 yearsGuide price: £1,375,000

A sophisticated and immaculate long leasehold apartment.

Master bedroom with en suite shower room, further bedroom, further bathroom, reception room, kitchen, guest cloakroom, lift.


A rare to the market one bedroom south facing apartment located in the popular Orange Square.

Bedroom, bathroom, reception room, kitchen, guest cloakroom, lift.



BELGRAVIA SALES 11

A stunning, newly refurbished raised ground floor apartment located in one of London’s most prestigious garden squares.

Master bedroom with en suite shower room, 1 further bedroom, 1 further bathroom, reception room, kitchen, dining room, communal garden.


A recently refurbished mews house with a good balance of living and entertaining space.

Master bedroom with en suite bathroom, 2 further bedrooms with en suite bath/shower rooms, reception room, kitchen, media room, study, utility room, guest cloakroom, private parking.



Exceptional two bedroom Belgravia apartmentEaton Square

Spacious three bedroom mews houseEaton Mews South

BELGRAVIA SW1Freehold Guide price: £4,350,000


BELGRAVIA LETTINGS12

The market: A busy August and September period in all price sectors has corrected any oversupply issues. Clients who choose not to focus on presentation or whose pricing expectations are too high leave themselves exposed to void periods.

Our outlook: Landlords delivering turnkey or newly refurbished properties can expect to achieve optimum rents. With a lack of supply in the super prime market, we still expect rents in this section of the market to perform well.

Who rents here: We have an internationally diverse tenant base with applicants becoming increasingly younger.

LETTINGS OVERVIEW LETTINGSBY NUMBERS

25%of new tenancies agreed this fi nancial year have been in excess of £3,000 per week

57%of new tenancies agreed over the last 6 months were with

international tenants

LETTINGS INSIGHT

“The most exciting emerging hotspot is the area surrounding Victoria Street and St James with the regeneration of Cardinal Place and the introduction of numerous new build schemes. My concern for the market is a reduced level of corporate relocation and reduced corporate budgets.”

Our team in action: In early 2012, our sales team concluded the sale on a fantastic family house in Ebury Street for an international buyer and his family. This summer the buyer relocated and we secured him a long term rental on a fully managed basis.

Ebury Street SW1W

Tom Smith Head of Lettings

34%decrease in available rental

properties in the last 6 months

We have seen a

BELGRAVIA LETTINGS 13

An immaculate, recently refurbished fourth floor penthouse.

Master bedroom with en suite bathroom and dressing room, a further double bedroom with en suite bathroom, reception room, kitchen, dining room, guest cloakroom, lift access, porter services.

Approximately 167.5 sq m (1,802 sq ft)

An impeccable apartment located on one of London’s most prestigious squares.

3 double bedrooms, 3 bathrooms, reception room, fully fitted kitchen, dining room, private balcony, lift access, porter services.


BELGRAVIA SW1Available unfurnished for long let Guide price: £3,650 per week

Newly refurbished two bedroom penthouse

A stylish apartment with a private balcony

Eaton Square

Eaton Square

BELGRAVIA SW1Available unfurnished for long letGuide price: £2,650 per week


BELGRAVIA LETTINGS14

Contemporary mews house Grade II listed property

A white stucco fronted building Neutrally decorated apartment

Ebury Mews Ebury Street

Chesham Street Eaton Place



A three bedroom mews house.

3 double bedrooms with en suites, reception room, kitchen/breakfast room, study, utility room, Juliet balcony, paved garden, integral garage.


A spectacular recently refurbished period house.

Master bedroom with en suite bathroom and dressing room, 4 further bedrooms (2 en suite), bathroom, shower room, family room, garden, terrace.



A well-maintained two bedroom maisonette.

Master bedroom with dressing room and en suite bathroom, double bedroom with en suite shower room, reception room, kitchen/breakfast room, porter.


A one bedroom second floor apartment benefitting from direct lift access.

Double bedroom, bathroom, reception room, separate kitchen, direct lift access.


BELGRAVIA SW1Available furnished or unfurnished for long letGuide price: £650 per week

BELGRAVIA LETTINGS 15

A bright and spacious terrace mews house split over five floors.

Master bedroom with en suite bathroom and dressing room, 2 further double bedrooms with en suite bathrooms, 2 further bedrooms, family bathroom, reception room, kitchen/breakfast room, dining room, sitting room, media room, 2 guest cloakrooms, utility room, secure underground parking.


Grade II listed townhouse located just off Belgrave Square.

4 bedrooms, 4 bathrooms, reception room, kitchen, dining room, guest shower room, patio garden, roof terrace, garage.


BELGRAVIA SW1Available furnished for long letGuide price: £7,950 per week

Luxury house to rent in Belgravia

A beautifully presented four bedroom house

Grosvenor Gardens Mews North

Wilton Place



16 BELGRAVIA SALES

Chesham StreetBELGRAVIA SW1 Guide price: £1,625,000

Eccleston MewsBELGRAVIA SW1 Guide price: £2,350,000

South Eaton PlaceBELGRAVIA SW1 Guide price: £4,650,000

Eaton PlaceBELGRAVIA SW1 Guide price: £5,650,000

Vincent StreetPIMLICO SW1 Guide price: £2,850,000

Chester StreetBELGRAVIA SW1 Guide price: £4,650,000

SOLD SOLD

SOLD SOLD

SOLD SOLD


17BELGRAVIA LETTINGS

Eaton PlaceBELGRAVIA SW1 Guide price: £1,250 per week


Wilton MewsBELGRAVIA SW1 Guide price: £8,000 per week

Lower Belgrave StreetBELGRAVIA SW1 Guide price: £8,500 per week

Eaton SquareBELGRAVIA SW1 Guide price: £3,250 per week


LET

LET

LET

LET

LET

LET


CHELSEA 19

Getting around: Sloane Square, Earl’s Court, West Brompton, Gloucester RoadWest Brompton, Imperial Wharf

Best known for: King’s Road, Sloane Square, Chelsea Arts Club, the Flower Show and Chelsea FC.

Borough: Royal Borough of Kensington and Chelsea

Area: Chelsea’s beautiful garden squares and sense of community make it popular with families and young professionals. The area is synonymous with art and fashion, having been the focal point of the swinging sixties, and residents benefit from an abundance of boutique shops, restaurants, bars and cafés.

Social and cultural attractions: Many people living here comment on how little they use their kitchens because the local cafés, gastropubs and restaurants are so good. Keen shoppers have the renowned King’s Road, while other places of interest include Chelsea Arts Club, the National Army Museum, The Physic Garden and The Royal Court Theatre.

Sports and leisure facilities: Nearby Battersea Park is a great spot for jogging, cycling, rowing, fishing and other pursuits, while Burton Court features a number of tennis courts and the path along the embankment offers the perfect place for a riverside stroll.

Our favourite places: The famous Beaufort House on the corner of the King’s Road and Beaufort Street; the renowned Pig’s Ear pub; and Busaba Eathai Thai restaurant.

CHELSEAAREAS COVERED SW3 SW5 SW10

20 CHELSEA SALES

The market: Despite consistent demand, there has been a lack of available stock of family houses, which has led to little activity on this front. There is a huge appetite for turnkey apartments priced under £2m from both domestic and international buyers.

Our outlook: We don’t see any reason why the high level of demand for properties under £2m will drop off , but because of uncertainty over government policy on ‘mansion tax’ and capital gains tax, the upper end of the market may prove to be slower.

Who buys here: Predominantly domestic and Western European buyers, but we have also had buyers from South Africa and China.

SALES OVERVIEW

134 In the last six months alone,

potential buyers from

diff erent countries have viewed properties for sale

through Knight Frank Chelsea

SALESBY NUMBERS

278We have

potential buyers on our books looking to spend a collective

total of £1.16bn

SALES INSIGHT

“The most exciting emerging hotspot is Harcourt Terrace and the surrounding streets. The best thing to happen to the market would be for more turnkey apartments under £2m to become available because we have seen a surge in demand.”

Our team in action: We had multiple bidding on this after only a short time. The buyer was delighted with the purchase and two of the other interested parties went on to buy through Knight Frank; one through the Chelsea offi ce and the other through our Riverside team.

Bailey House SW10

James Pace Head of Sales

98% of the guide price on sales in

the past six months

On average we have achieved

020 7349 4300 [email protected] KnightFrank.co.uk/Chelsea

21

Immaculately presented two bedroom flat

Located on one of Chelsea’s finest streets, this well-maintained flat is exceptionally bright with a south facing aspect at the front and open views over gardens at the back of the property. All the rooms have large windows, excellent ceiling height and plenty of storage space.

2 bedrooms, bathroom, reception room, kitchen.


CHELSEA SW10Share of freeholdGuide price: £1,450,000

Tregunter Road

CHELSEA SALES

Stunning maisonette with roof terraceRedcliffe PlacePresented in good condition throughout, this first and second floor duplex apartment benefits from superb entertaining space and a large roof terrace.

Master bedroom with en suite bathroom, bedroom 2, bathroom, reception room, kitchen/breakfast room, study area, cloakroom, roof terrace (not demised).


CHELSEA SALES22

CHELSEA SW10Freehold Guide price: £1,925,000

CHELSEA SALES 23

Secure Chelsea mews houseBolton Gardens MewsNestling between the prestigious addresses of The Boltons and The Little Boltons is this stunning and discreet mews house that is both flooded with natural light and offers a high degree of privacy and security.

2/3 bedrooms, 3 bathrooms (2 en suite), reception room, kitchen/dining room, media room/bedroom 3 with en suite shower room/cloakroom, patio, garage.


CHELSEA SW10FreeholdGuide price: £3,450,000


CHELSEA LETTINGS24

The market: While rents may be performing below trend, activity has risen, with new lettings volumes in the last three months 18% higher than the same period in 2011. This increase in activity refl ects a broader shift in favour of the rental sector.

Our outlook: Whilst aff ordability constraints are limiting the scope for rental growth, pricing remains historically high and we see this trend continuing.

Who rents here: Western Europe, North America, Britain and affl uent French nationals.

LETTINGS OVERVIEW

37%of our properties are priced at

£750 per week or over

51%of our tenants are non UK

nationals

41%of our tenants are in their 30s

LETTINGSBY NUMBERS

LETTINGS INSIGHT

“My typical renter is often a high net worth family or individual with more than one fi xed abode globally. International tenants want advice on local amenities, schooling and transport links. Knowledge and attention to detail is key.”

Our team in action: A client was looking to buy a one bedroom fl at in Elm Park Gardens as a rental investment. We felt the fl at was compromised and were able to off er another property on the street off ering a better yield. Our local knowledge and a strong client base proved invaluable.

Elm Park Gardens SW10

David Mumby Head of Lettings

CHELSEA LETTINGS 25

A three bedroom split level apartment

Redcliffe Square

This property has been subject to extensive refurbishment throughout and boasts plenty of natural light and high ceilings.

Master bedroom with dressing room and en suite bathroom, double bedroom with en suite bathroom, further double bedroom, bathroom, double reception room, kitchen/dining room, patio garden.


CHELSEA SW10Available unfurnishedGuide price: £2,750 per week


26 CHELSEA LETTINGS

A newly refurbished one bedroom flatPAINTERS YARD

This third floor flat is in an exclusive small gated development and is built around a landscaped courtyard which benefits from a west facing reception room.

Bedroom, bathroom, reception room, kitchen.


CHELSEA SW3Available furnishedGuide price: £700 per week

CHELSEA LETTINGS 27

Three bedroom renovated fire stationCheyne Row

This totally unique house used to be the old Chelsea Fire station and was converted by Coll Hill Spink into a stunning residential home.

Master bedroom with en suite bathroom, 2 further bedrooms, shower room, reception room, kitchen/dining/sitting room, study area, utility room, cloakroom, decked rear garden.


CHELSEA SW3Available furnishedGuide price: £2,250 per week


28 CHELSEA SALES

Elm Park GardensCHELSEA SW10 Guide price: £860,000

LAMONT ROADCHELSEA SW10 Guide price: £1,550,000

Justice WalkCHELSEA SW3 Guide price: £4,950,000

Glebe PlaceCHELSEA SW3 Guide price: £5,500,000

Redcliffe RoadCHELSEA SW10 Guide price: £1,695,000

Limerston StreetCHELSEA SW10 Guide price: £3,650,000

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD


29CHELSEA LETTINGS

Harcourt TerraceCHELSEA SW10 Guide price: £850 per week

Gertrude StreetCHELSEA SW10 Guide price: £850 per week

Elm Park GardensCHELSEA SW10 Guide price: £1,600 per week

Elm Park RoadCHELSEA SW10 Guide price: £3,500 per week

Elm Park GardensCHELSEA SW10 Guide price: £875 per week

Beaufort StreetCHELSEA SW3 Guide price: £1,550 per week

LET

LET

LET

LET

LET

LET


Local knowledge with a global reach

The best properties from around the world and market-leading research on the Knight Frank app for iPhone and iPad.

For more information please visitKnightFrank.com/iPad

Research materials available on iPad only. iPad and iPhone are trademarks of Apple Inc.

RESIDENTIAL DEVELOPMENT 31

London’s most prestigious new waterside addressChelsea creek

This luxurious, new, mixed-use development moments from fashionable Chelsea, King’s Road and Sloane Square off ers a selection of 1, 2 and 3 bedroom apartments and penthouses in a dockside setting.

Five star facilities include 24 hour concierge, a private health and fi tness suite with gymnasium, swimming pool, sauna, steam room and treatment room. Private parking is also available. The tranquil setting is complemented by neighbouring Chelsea Harbour, Imperial Wharf and the River Thames.

LONDON SW6LeaseholdGuide price: £909,950 - £5,000,000

Contact Louise Godfrey 020 7610 9693 [email protected]

CGI

CGI CGI

Local knowledge with a global reach

The best properties from around the world and market-leading research on the Knight Frank app for iPhone and iPad.

For more information please visitKnightFrank.com/iPad

Research materials available on iPad only. iPad and iPhone are trademarks of Apple Inc.

KENSINGTON 33

Getting around: High Street Kensington, Notting Hill Gate, Holland Park Avenue

Best known for: Holland Park, Hyde Park and Kensington Palace, with its latest residents being the Duke and Duchess of Cambridge.

Borough: The Royal Borough of Kensington and Chelsea

Area: Kensington strikes a pleasing balance of the old and new with its historic buildings and serene residential squares alongside the bustling High Street Kensington. So fashionable is the area that the luxury brand Mulberry now has its headquarters here.

Social and cultural attractions: Kensington Palace, the Round Pond and The Princess Diana Memorial Playground are all popular with visitors, as is the iconic Barkers Building, now home to Wholefoods. In the summer, Holland Park hosts a season of outdoor operas. For evening entertainment, Kensington has numerous pubs, bars and restaurants, including the world famous Kensington Roof Gardens.

Sports and leisure facilities: Holland Park, Kensington Gardens and Hyde Park are all in walking distance and are great spots for summer picnics as well as recreational activities such as running, cycling, boating and horse riding.

Our favourite places: The Churchill Arms, a homely pub and Thai restaurant; The Windsor Castle, an infamous pub with a large beer garden; and Kensington Roof Gardens, London’s only rooftop private members club.

KENSINGTONAREAS COVERED W8 W11 W14

Fountain Image: Royal Parks Foundation/Charlotte Fielding

KENSINGTON SALES34

The market: Activity has been buoyant across the board and demand has risen steeply from overseas markets in particular. Over the past 12 months we have sold to 20 diff erent nationalities, from Greeks and Americans to Russians and Lebanese.

Our outlook: Demand for apartments and family houses is greater than supply and we predict that this trend will continue throughout 2012. Over the last six months prices have increased by 5.6% in Kensington and we predict further growth this year.

Who buys here: Families are attracted to the green spaces and good schools, while young professionals appreciate the pubs, clubs and restaurants.

SALES OVERVIEW

1,236Every day our properties are

viewed

times through our award-winning website

SALESBY NUMBERS

425We have


total of £3.02bn

SALES INSIGHT

“We have seen a surge in demand for family properties with four or fi ve bedrooms and investment fl ats priced under £2m. Buyers are increasingly analytical and wary of overpaying. The worst mistake a vendor can make is pricing before taking professional advice.”

Our team in action: This house was on the market for over a year with another estate agent for an ambitious price. Once we were instructed our global network brought it to the attention of a French family who were relocating to London who subsequently bought it.

Stratford Road W8

Mark Redfern Head of Sales

£65.6mthrough us in the past six

months

International buyershave spent

KENSINGTON SALES 35

020 7938 4311 [email protected] KnightFrank.co.uk/Kensington

Wide family house with west facing garden Pembroke Gardens

A beautifully presented semi-detached period family home offering an abundance of spacious family living and entertaining space throughout in this quiet, desirable Kensington street.

4 bedrooms, 3 bathrooms, reception room, kitchen/breakfast room, dining room, library, conservatory, study, utility room, mature west facing garden.


KENSINGTON W8FreeholdGuide price: £6,750,000

36 KENSINGTON SALES36

Beautiful period family house

Immaculate apartment in secure development

PEEL STREET

BULLINGHAM MANSIONS

A charming and well-presented family house located in this attractive street, off Kensington Church Street, offering flexible living and entertaining space with a large kitchen/dining room.

3 bedrooms, 2 bathrooms, reception room, kitchen/dining room, utility room, cloakroom, patio garden.


Beautifully presented and recently refurbished apartment on the raised ground floor of this sought after and exceptionally quiet, gated development in prime Kensington.

2 bedrooms, 2 bathrooms, reception room, kitchen, raised ground floor, resident porter.


KENSINGTON W8FreeholdGuide price: £2,400,000

KENSINGTON W8LeaseholdGuide price: £1,350,000

37KENSINGTON SALES

Immaculate lateral flat with communal gardensIverna CourtA beautifully presented light and spacious first floor family apartment that has been meticulously designed and refurbished to a very high standard by the current owners, located in a popular portered period mansion block.

5 bedrooms, 2 bathrooms, 2 reception rooms, balcony, communal garden, porter/concierge.


KENSINGTON W8 Share of freeholdGuide price: £3,500,000


38 KENSINGTON LETTINGS

The market: The core market continues to perform well, however, we have noticed a decrease in corporate budgets in the mid-range. The house market continues to perform well with families attracted to the green spaces, good schools, culture and transport links.

Our outlook: There are some exciting new developments coming up in the next few years, ranging from the De Vere development to the Holland Park School. Smaller portfolio landlords continue to raise their game, which has led to some good quality and new records being set for price.

Who rents here: International students, families and professionals relocating for work or study opportunities.

LETTINGS OVERVIEW

26%Although we cover a broad spectrum of properties in

Kensington,

of our new instructions in the last 12 months have been for properties priced at £2,500

per week or above

65%of our tenants are

international

LETTINGSBY NUMBERS

44%of our tenancies in the last 12 months have been for

properties priced at £750 per week or below

LETTINGS INSIGHT

“The best thing to happen for the market would be for mortgage lending to investor landlords to ease. I expect to see a moderate growth in overall demand but a pretty fl at line as far as rents are concerned due to affordability constraints.”

Our team in action: We valued a mansion fl at on Gloucester Walk in Kensington for a lady looking to downsize. We sourced a long-term tenant for her before the property was even marketed, agreed a schedule of works that increased the weekly rent and organised a smaller fl at for her.

Gloucester Walk W8

Giles Barrett Head of Lettings

KENSINGTON LETTINGS 39

This stunning family house is set over six floors and is ideally situated on the highly sought after and exclusive Earls Terrace.

4 reception rooms, kitchen, dining area, dining room, study, indoor swimming pool, garden, terrace, underground parking, utility room, storage.


A raised ground floor flat finished to a very high standard and benefitting from an excellent reception room with high ceilings and views over the private communal garden.

2 bedrooms, en suite bathroom, en suite shower room, reception room, open-plan kitchen, access to communal gardens, garage available on separate negotiation.


KENSINGTON W8Available unfurnishedGuide price: £7,500 per week

Beautiful family house with swimming pool

Unique apartment set in beautiful gardens

Earls Terrace

Holland Park Road

HOLLAND PARK W14Available unfurnishedGuide price: £1,195 per week


Located on the fifth floor of one of Holland Park’s most sought after mansion blocks is this beautifully presented, light and spacious family apartment that has been meticulously designed and refurbished.

4 bedrooms, 4 bathrooms, 2 reception rooms, kitchen/breakfast room, study, utility room, entrance hall, lift, porter/concierge, communal gardens.


This recently refurbished third floor apartment benefits from a spacious reception room with views over Kensington Square gardens.

Bedroom, bathroom, reception room, kitchen, communal gardens and garden square.


HOLLAND PARK W14Available unfurnishedGuide price: £2,250 per week

Immaculate lateral flat with communal gardens

One bedroom apartment with communal gardens

Oakwood Court

Kensington Square

KENSINGTON W8Available furnishedGuide price: £525 per week

KENSINGTON LETTINGS40

KENSINGTON LETTINGS 41

This is an immaculate family house ideally situated on Kensington Gate. A highly sought after and desirable address in Kensington, it benefits from a conservatory leading out on to the private garden.

6 bedrooms, 4 bathrooms, 5 reception rooms, kitchen, study, utility room, terrace, gardens, set over 5 floors.


This apartment has been refurbished to a very high standard and boasts a second reception room with its own bar which leads out on to a private roof terrace overlooking Kensington.

3 bedrooms, 3 bathrooms, reception room, kitchen, roof terrace.


KENSINGTON W8Available unfurnished Guide price: £6,000 per week

Ideal family house with fantastic entertaining space

Magnificent apartment with roof terrace

Kensington Gate

Holland Park

HOLLAND PARK W11Available furnished or unfurnishedGuide price: £2,750 per week


42 KENSINGTON SALES

Bedford GardensKENSINGTON W8 Guide price: £550,000

Campden HILL GARDENSKENSINGTON W8 Guide price: £1,350,000

Douro PlaceKENSINGTON W8 Guide price: £5,950,000

Stratford RoadKENSINGTON W8 Guide price: £6,750,000

Phillimore Gardens CloseKENSINGTON W8 Guide price: £3,200,000

Oakwood CourtHOLLAND PARK W14 Guide price: £3,650,000

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD


43KENSINGTON LETTINGS

Mount Carmel ChambersKENSINGTON W8 Guide price: £525 per week

Kensington SquareKENSINGTON W8 Guide price: £525 per week

Campden House TerraceKENSINGTON W8 Guide price: £2,400 per week

Addison RoadHOLLAND PARK W14 Guide price: £3,500 per week

Kensington Church CourtKENSINGTON W8 Guide price: £795 per week

Phillimore GardensKENSINGTON W8 Guide price: £1,900 per week

LET

LET

LET

LET

LET

LET


At Knight Frank Fulham we know the market. And it’s not just about our years of experience in the area, it’s about the results we deliver for our clients. We pride ourselves on the quality of our service, but dont just take our word for it...

“ In my opinion the best and most personal service in Fulham.” Mr P.

If you’re considering buying, selling, renting or letting a property in the area contact us on 020 7751 2400 to see what we can do for you.

Exceptional results in Fulham

KnightFrank.co.uk/Fulham

For Sale Tyrawley Road, Fulham SW64 bedrooms £1,895,000Let Waldemar Avenue, Fulham SW6

1 bedroom £425 per week

Sold Radipole Road, Fulham SW66 bedrooms £2,800,000 To Let Winchendon Road, Fulham SW6

5 bedrooms £1,500 per week

For Sale Epirus Road, Fulham SW65 bedrooms £1,800,000Let Alderville Road, Fulham SW6

4 bedrooms £1,000 per week

Let Hurlingham Road, Fulham SW66 bedrooms £2,300 per week

Sold Lanfrey Place, West Kensington W143 bedrooms £895,000

Perrymead Street, Fulham SW65 bedrooms £2,950,000Sold

KNIGHTSBRIDGE 47

Getting around: Knightsbridge, Sloane Square, South Kensington

Best known for: The luxury brand shops and boutiques on Sloane Street including Chanel, Dior, Prada, Hermes together with local department stores Harrods and Harvey Nichols, museums, and the development One Hyde Park.

Boroughs: Royal Borough of Kensington and Chelsea, City of Westminster

Area: Home to some of the world’s most prestigious venues, shops, hotels and restaurants, Knightsbridge sits to the west of Sloane Street and south of Hyde Park. The area is characterised by beautiful garden squares as well as its red brick mansion blocks and white stucco-fronted houses and apartments. Examples of this wonderful architecture can be found on Pelham Crescent, Egerton Crescent, Cadogan Place, Cadogan Square, Alexander Square and Lennox Gardens.

Social and cultural attractions: Knightsbridge benefits from having some exceptional hotels such as The Jumeirah Carlton Tower, Sheraton Park Tower, and The Mandarin Oriental, which is home to the world-renowned restaurant Dinner by Heston Blumenthal. Places of interest nearby include the V&A, Natural History Museum, Science Museum, Royal Albert Hall, Brompton Oratory, The Saatchi Gallery and Cadogan Hall.

Sports and leisure facilities: Hyde Park, London’s largest royal park, is within walking distance and offers everything from boating to tennis courts, The Serpentine Gallery and hosts music concerts such as Proms in The Park. Also found in Knightsbridge are some of the most luxurious gymnasiums including KX gym, The Peak and The Berkeley.

Our favourite places: Zafferano, a Michelin-starred Italian restaurant; Zuma for contemporary Japanese cuisine; Scalini for authentic Italian; Amaya for Indian fusion; and Bibendum for classic French cuisine.

KNIGHTSBRIDGEAREAS COVERED SW1 SW7 SW3

KNIGHTSBRIDGE SALES48

The market: There continues to be an appetite from global buyers who are looking to fi nd wonderful homes in Knightsbridge, ranging from the occasional home of a lateral apartment to a trophy family home in Egerton Crescent or similar.

Our outlook: Knightsbridge continues to attract the international purchaser wanting to acquire a home in one of the best areas in central London. During the summer we experienced the normal lull in activity whilst our clients enjoyed their summer homes. The September market has commenced as usual.

Who buys here: Knight Frank sold properties to over 60 nationalities last year, many of whom reside in Knightsbridge.

SALES OVERVIEW

577,000Our global residential search

has more than

visitors per month from around the world

£75.1mthrough us in the past six

months

International buyers have spent

SALESBY NUMBERS

35%of our sales in the last six months were priced under

£1.5m

SALES INSIGHT

“The best thing to happen to the market would be for positive signs in the Eurozone, stability in America and the feared substantial UK tax changes to be measured. Buyers are increasingly focussed on service and trusted advice.”

Our team in action: We sold a Knightsbridge property to a client in 2008. He asked us to resell it in 2010 as he was moving to Switzerland. Within one hour we had arranged for the client to meet with our Swiss offi ce in Geneva and recommended a tax advisor for planning the move. Prior to marketing the property we arranged for it to be redressed and within a couple of months it sold.

The Knightsbridge SW7

Eliza Leigh Head of Sales

020 7591 8600 [email protected] KnightFrank.co.uk/Knightsbridge

KNIGHTSBRIDGE SALES 49

Elegant Knightsbridge housePelham Crescent

An immaculate white stucco fronted house positioned on the favoured section of the crescent in one of Knightsbridge’s finest addresses, with a stunning west facing rear garden.

Master bedroom suite, 4 further bedrooms, 3 further bath/shower rooms, dressing room, kitchen, first floor drawing room, dining room, family room, study, playroom, cloakroom, utility, balcony, west facing rear garden.


KNIGHTSBRIDGE SW7FreeholdGuide price: £11,500,000

KNIGHTSBRIDGE SALES50

Exceptional lateral penthouse with garageHans PlaceA superb penthouse located on the east side of this famous Knightsbridge garden square offering great lateral space and a rare 60ft west facing terrace.

Master bedroom suite, further bedroom with en suite shower room, study/bedroom 3, kitchen/breakfast room, double reception room, cloakroom, terrace, resident porter, storage room, secure lock up garage, lift, use of communal gardens by arrangement.


KNIGHTSBRIDGE SW1Leasehold: approximately 119 years unexpired Guide price: £6,750,000

KNIGHTSBRIDGE SALES 51

Stunning Knightsbridge house with gardenAlexander SquareA beautiful, newly refurbished freehold house that has been finished to a very high specification, situated in this highly sought after private road in Knightsbridge.

Master bedroom suite with separate dressing room, guest bedroom suite, 2/3 further bedrooms, 2 further bath/shower rooms, kitchen/breakfast room, dining room, double drawing room, study, media room, family room/bedroom 5, utility room, cloakroom, air conditioning to upstairs bedrooms, rear garden, first floor balconies.


KNIGHTSBRIDGE SW3FreeholdGuide price: £9,250,000


KNIGHTSBRIDGE LETTINGS52

The market: There has been demand at all levels from one bedroom fl ats to exclusive three bedroom apartments in One Hyde Park and from three bedroom townhouses to large family houses.

Our outlook: The summer months have been busy in the Knightsbridge lettings market and the oversupply of stock that we had six months ago has steadily dwindled. This, combined with the increasing volume of deals should mean rental levels may start to rally again.

Who rents here: The end of the summer coming into autumn has seen demand from families relocating at the start of the new academic year and from international students.

LETTINGS OVERVIEW

£750 - £2,500

Supply and demand has been matched for properties

between

per week, 51% new properties coming to the market and

52% applicants looking

50%of our applicant enquiries come via our multilingual

website

LETTINGSBY NUMBERS

38%The number of new tenancies is up by

over the last six months

LETTINGS INSIGHT

“The rental market has been very busy over the summer with an increase in the different nationalities of tenants looking to rent. In Knightsbridge, One Hyde Park continues to shine, though the demand has been strong at all levels.”

Our team in action: This house was sold via our offi ce in Chelsea to an investor landlord at asking price. We advised the landlord to redecorate the house to maximise the rental income, this was done via our Lettings Management Department. The house was then let the day the decorators vacated.

Paradise Walk SW3

Juliet Hill Head of Lettings


KNIGHTSBRIDGE LETTINGS 53

London’s most exclusive address in the heart of Knightsbridge One Hyde Park

The apartment has been interior designed by Candy & Candy and enjoys south facing views over Knightsbridge.

3 double bedroom suites, reception room with balcony, kitchen, dining room, underground parking space, wine cellar, storage room and extensive amenities including 24 hour concierge, Mandarin Oriental service and exclusive leisure/spa services.


KNIGHTSBRIDGE SW1XAvailable furnishedGuide price: £18,500 per week

KNIGHTSBRIDGE LETTINGS54

Lovely light flat

Interior designed flatGround floor maisonette

Pelham Court Cadogan Gardens

REDBURN STREET Pont Street

CHELSEA SW3Available furnishedGuide price: £850 per week

Interior designed to an exceptional standard, this immaculate flat overlooks Pelham Crescent.

2 bedrooms, bathroom, reception room, kitchen, lift, porter.


A second floor flat with leafy views, very close to Sloane Square and the King’s Road.

3 bedrooms, 3 bathrooms, reception room, kitchen, access to square gardens.


KNIGHTSBRIDGE SW3Available unfurnishedGuide price: £1,450 per week

The flat is located in a quiet Chelsea Street close to the King’s Road and benefits from a patio garden.

2 double bedrooms, bathroom, en suite cloakroom, reception room, eat-in kitchen, patio garden.


First floor flat just minutes from the exclusive designer shops and restaurants of Knightsbridge.

Double bedroom, bathroom, reception room, kitchen.


KNIGHTSBRIDGE SW1CHELSEA SW3Available furnished or unfurnishedGuide price: £780 per week

Available furnishedGuide price: £725 per week

Overlooking Pelham Crescent

KNIGHTSBRIDGE LETTINGS 55

The house has undergone an extensive refurbishment programme using bespoke fixtures and fittings throughout and provides excellent entertaining space.

5 double bedrooms, 4 bathrooms, large first floor reception room, family room, study, conservatory, cinema, kitchen, utility room, cloakroom, storage room, patio garden, lift.


Interior designed triple aspect flat with a south facing balcony overlooking this popular garden square within easy walking distance of Hyde Park.

2 double bedrooms, 2 en suite bathrooms, reception room, kitchen, cloakroom, utility room, 2 balconies, lift, access to square gardens.


KNIGHTSBRIDGE SW7Available furnishedGuide price: £7,000 per week

Wonderful house in prime Knightsbridge square

Immaculate flat close to Hyde Park

Montpelier Square

Ennismore Gardens

KNIGHTSBRIDGE SW7Available furnishedGuide price: £4,000 per week


56 KNIGHTSBRIDGE SALES

Guthrie StreetCHELSEA SW3 Guide price: £2,250,000

The KnightsbridgeKNIGHTSBRIDGE SW7 Guide price: £7,750,000

ALBERT COURTKNIGHTSBRIDGE SW7 Guide price: £8,000,000

Walton PlaceKNIGHTSBRIDGE SW3 Guide price: £7,500,000

SOLD

Wellington SquareCHELSEA SW3 Guide price: £6,450,000

SOLD

SOLD

Ennismore GardensKNIGHTSBRIDGE SW7 Guide price: £7,250,000

SOLD SOLD

SOLD


57KNIGHTSBRIDGE LETTINGS

Tite StreetCHELSEA SW3 Guide price: £575 per week

First StreetKNIGHTSBRIDGE SW3 Guide price: £1,450 per week

Cadogan PlaceKNIGHTSBRIDGE SW1 Guide price: £2,350 per week

Egerton TerraceKNIGHTSBRIDGE SW3 Guide price: £6,950 per week

Milner StreetKNIGHTSBRIDGE SW3 Guide price: £1,950 per week

Shawfield StreetCHELSEA SW3 Guide price: £2,300 per week

LET

LET

LET

LET

LET

LET


NOTTING HILL 59

Getting around: Notting Hill Gate, Holland Park, Ladbroke GrovePaddington

Best known for: Its diversity, the Notting Hill Carnival (Europe’s largest street party), Portobello Road market (a mecca for bargain hunters), its bohemian vibe and charm and, of course, the iconic movie Notting Hill (starring Hugh Grant and Julia Roberts).

Boroughs: Royal Borough of Kensington and Chelsea, City of Westminster

Area: Notting Hill is a wonderful balance of peace and tranquility combined with the buzz and excitement of the city. Residents are attracted to the ‘bohemian-meets-cool’ atmosphere and the diverse mix of people and places, from the magical and idyllic garden squares, to the boutiques and café culture of Westbourne Grove and the hustle and bustle of Portobello Road and Notting Hill Gate.

Social and cultural attractions: Notting Hill is home to Europe’s largest street party – the Notting Hill Carnival. The huge range of bars, gastropubs and award-winning restaurants means you can experience excellent food and drink from all corners of the globe. The Electric Cinema and the Coronet show the latest blockbusters, while The Gate Picturehouse caters for those looking for something a little more art-house. Other attractions include The Museum of Brands Packaging and Advertising and The 20th Century Theatre.

Sports and leisure facilities: As well as having many beautiful communal gardens, Notting Hill is close to the wide open spaces of Hyde Park, Kensington Gardens and Holland Park. Holland Park is renowned for its Kyoto Garden, sports facilities and picturesque walk to Kensington High Street. There are also a number of cycling routes, sports clubs, yoga and pilates centres.

Our favourite places: The Ledbury, a restaurant with two Michelin stars; The Oak, for wood-fired pizzas; Granger & Co, courtesy of Australian celebrity chef Bill Granger; E&O, for pan-Asian cuisine and inventive cocktails; Hummingbird Bakery, for exquisite cupcakes; Assaggi, for wonderful Italian dining tucked away on a cobbled mews; Julie’s, regarded as the ‘rock chic’ restaurant of the world; Dock Kitchen in W10, a waterside restaurant; Jamie Oliver’s new venture Recipease, which has just opened on Notting Hill Gate; and for arguably the best coffee in town go to The Grocer on Elgin Crescent and seek out Samir.

NOTTING HILLAREAS COVERED W11 W10 W2

60 NOTTING HILL SALES

The market: The goal of the Olympics and Paralympics was to ‘inspire a generation’ with London being showcased to the world, and it didn’t disappoint. As we embrace this spirit, the autumn market in Notting Hill is showing positive signs of renewed activity.

Our outlook: Notting Hill remains a resilient market place and we are hoping that we can inspire another generation to fall in love with this vibrant area. Against a backdrop of fi nancial and economic concerns around the world, the market has a strong and robust pulse.

Who buys here: From bankers to musicians, lawyers to artists, those from all professions love the vibrant atmosphere and spirit of the area.

SALES OVERVIEW

96In the past 9 months our

iPhone/iPad app has been downloaded by people from

countries

SALESBY NUMBERS

320We have


total of £1.70bn

SALES INSIGHT

“The best thing to happen to the market would be for clarifi cation on tax issues, an avoidance of overambitious pricing and continuing demand from overseas buyers. This year I expect to see an active autumn market with a slower rate of price growth.”

Our team in action: The appetite for Notting Hill’s highly prized garden square houses is evidenced by the current marketing of a truly wonderful unmodernised house in Stanley Crescent. In just a few days of marketing we have had multiple bidding in excess of the guide price.

Stanley Crescent W11

Caroline Foord Head of Sales

97%of the guide price on sales

this year


020 7229 0229 [email protected] KnightFrank.co.uk/NottingHill

61

NOTTING HILL W11Leasehold Guide price: £7,950,000

NOTTING HILL W11FreeholdGuide price: £5,950,000

This beautiful home offers flexible accommodation with a separate lower ground floor flat.

4 bedrooms, 2 bathrooms, 3 reception rooms, kitchen, study, utility, guest cloakroom, balcony, garden. Separate flat: Bedroom, bathroom, 2 reception rooms, kitchen, terrace.

Main house Approximately 228.5 sq m (2,460 sq ft) Separate flat Approximately 74.3 sq m (800 sq ft)

Total area Approximately 302.5 sq m (3,260 sq ft)

Generous Victorian family home St. James’s Gardens

A newly developed maisonette, finished to an exceptional standard offering wonderful lateral space and set over the top two floors of this elegant period building.

Master bedroom with dressing room and en suite bathroom, 3 further bedroom suites, 2 reception rooms, kitchen, 2 roof terraces, additional storage, lift with direct access.


Westbourne Grove Exceptional lateral space in prime location

NOTTING HILL SALES

NOTTING HILL SALES62

Mansion block apartment

Maisonette in popular location

Palace Court

Ledbury Road

Magnificent raised ground floor three bedroom apartment in this secure portered mansion building boasting a 40ft interconnecting double reception room with southerly views of Palace Court and a shared patio.

3 bedrooms, 3 bathrooms, 2 reception rooms, kitchen/breakfast room, guest cloakroom, shared patio.


A well-presented two bedroom maisonette on the top two floors of this period building situated on this popular street just off Westbourne Grove.

2 bedrooms, bathroom, reception room, separate kitchen.

Approximately 78.1 sq m (841 sq ft)

NOTTING HILL W2Share of freeholdGuide price: £3,650,000

NOTTING HILL W11Leasehold Guide price: £995,000

NOTTING HILL SALES 63

Spacious Notting Hill home

Well balanced accommodation

Cornwall Crescent

Chepstow Place

A spacious and light house arranged over four floors and currently consisting of two bedrooms which could be reconfigured to create a wonderful family home.

2 bedrooms, freestanding bath in master bedroom, wet room, bathroom, 3 reception rooms, kitchen, guest cloakroom, garden.


An excellent third floor (with lift) two bedroom apartment in this white stuccoed building with a west facing reception room offering attractive views.

2 bedrooms, bathroom, reception room, separate kitchen.

Approximately 86.2 sq m (928 sq ft)

NOTTING HILL W11Freehold Guide price £2,850,000

NOTTING HILL W2LeaseholdGuide price £1,365,000


NOTTING HILL LETTINGS64

The market: Demand for high value properties is strong with a growing number of European and American fi rms increasing the number of corporate relocations into the City. Stock levels are increasing and we are seeing more activity across the board after the Olympics.

Our outlook: The market continues to be busy as we head into the late autumn after a slower than usual summer market. We are seeing increased activity from relocation agents and applicants and with higher stock levels there is more business being done across the board.

Who rents here: Notting Hill attracts an eclectic mix of young professionals, families and those who have retired.

LETTINGS OVERVIEW

36%of our properties we let are

over £1,000 per week

82%of our tenancies agreed in

the last 12 months have been with international tenants

LETTINGSBY NUMBERS

32%of our new instructions in the last 12 months have been for

properties priced between £500 - £750 per week

LETTINGS INSIGHT

“Although my typical buyer is a single professional or young family who work within the banking industry, we must also look out for international tenants who want wooden fl oors, slick bathrooms and kitchens and are prepared to pay for it.”

Our team in action: Our sales department sold this unmodernised one bedroom fl at to a couple who completely refurbished it and moved in. Months later they were relocated and instructed Knight Frank to let the property, we quickly found suitable tenants and successfully let the property.

Ladbroke Grove W11

Sophie Woolfenden Head of Lettings

NOTTING HILL LETTINGS 65

Gorgeous detached six bedroom family house Dawson Place

A stunning detached villa which has been refurbished to an extremely high standard. Dawson Place is regarded by many as one of the most prestigious addresses in Notting Hill partly due to the large white stucco fronted villas with off street parking and front gardens which provide additional privacy and security.

5 bedrooms, 3 bathrooms, reception room, kitchen/breakfast room, dining room, study, playroom, self-contained flat, cloakroom, air conditioning, private garden.


DAWSON PLACE W2Available unfurnishedGuide price: £12,500 per week


NOTTING HILL LETTINGS66

Light second floor apartment Access to communal gardens CHEPSTOW VILLAS KENSINGTON PARK GARDENS

Immaculately presented and refurbished top floor apartment located in Notting Hill.

Bedroom, study/single bedroom, bathroom, reception room.

Approximately 67.6 sq m (727.3 sq ft)

NOTTING HILL W11Available part furnishedGuide price: £450 per week

An elegant first floor flat.

2 double bedrooms, single bedroom/study, 3 en suite bathrooms, drawing room/dining room, eat-in kitchen.


NOTTING HILL W11Available part furnished or unfurnishedGuide price: £875 per week

NOTTING HILL W11Available furnishedGuide price: £1,600 per week

Ideally located Private off-street parkingBLENHEIM CRESCENT LADBROKE GARDENS

A raised ground floor flat ideally located close to Ladbroke Grove underground.

Bedroom, bathroom, kitchen, reception room.

A stunning six bedroom corner house.

6 bedrooms, 5 bathrooms, 3 reception rooms, kitchen, study, patio gardens, off-street parking.


NOTTING HILL W11Available unfurnishedGuide price: £5,250 per week

NOTTING HILL LETTINGS 67

Large roof terrace Charming home near Westbourne GroveALL SAINTS ROAD LONSDALE ROAD

Spacious and recently refurbished family house.

3 bedrooms, 3 bathrooms, double reception room, kitchen/breakfast room, private garden, roof terrace.


NOTTING HILL W11Available furnished or unfurnishedGuide price: £2,350 per week

This charming house is extremely light and spacious.

3 bedrooms, en suite bathroom, 2 shower rooms, double reception room, kitchen, conservatory, garden.


NOTTING HILL W11Available furnished or unfurnishedGuide price: £975 per week

KENSINGTON PARK GARDENS



Unique family house Private roof terraceDENBIGH TERRACE PALACE COURT

Contemporary three bedroom house with private garden.

3 bedrooms, 2 bathrooms, dressing room, reception room, family room, eat-in kitchen, cloakroom, garden, terrace.


A light and comfortable apartment located on the second floor of this terraced house.

2 bedrooms, 2 bathrooms, open-plan kitchen, reception room, roof terrace.



68 NOTTING HILL SALES

Ladbroke GroveNOTTING HILL W11 Guide price: £675,000

Vernon YardNOTTING HILL W11 Guide price: £1,395,000

Blenheim CrescentNOTTING HILL W11 Guide price: £4,350,000

Elgin CrescentNOTTING HILL W11 Guide price: £8,000,000

Bassett RoadNOTTING HILL W10 Guide price: £1,500,000

Newton RoadNOTTING HILL W2 Guide price: £2,750,000

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD


69NOTTING HILL LETTINGS

Ladbroke GroveNOTTING HILL W11 Guide price: £585 per week

Pembridge SquareNOTTING HILL W2 Guide price: £675 per week

Palace CourtNOTTING HILL W2 Guide price: £2,850 per week

Lansdowne RoadNOTTING HILL W11 Guide price: £4,750 per week

Avondale Park GardensNOTTING HILL W11 Guide price: £1,000 per week

Stanley GardensNOTTING HILL W11 Guide price: £1,600 per week

LET

LET

LET

LET

LET

LET


71south kensington

Getting around: South Kensington, Gloucester Road, Sloane Square,

Earls Court, West Brompton, West Brompton, Imperial Wharf

Best known for: Museums, Royal Albert Hall, Imperial College, Royal Academy of Music and the Lycée school.

Borough: Royal Borough of Kensington and Chelsea

Area: South Kensington is London’s museum heartland and attracts over 11 million visitors every year. Exhibition Road, at the heart of the area, recently benefitted from significant refurbishment. The area has a distinct Parisian vibe and the renowned local French school, Lycée Francais Charles de Gaulle de Londres, is a big pull for the many French residents.

Social and cultural attractions: Numerous venues include the Natural History Museum, Science Museum, Victoria and Albert Museum, Royal Albert Hall, National Geographic Society and Royal Academy of Music.

Sports and leisure facilities: Residents of South Kensington benefit from proximity to Hyde Park – home to the Serpentine Lake with its outdoor swimming club and boating activities, a tennis club, gardens and open spaces. The park also hosts a number of events throughout the year from Winter Wonderland to open-air concerts in the summer.

Our favourite places: The Hummingbird Bakery, a renowned cake shop on the Old Brompton Road; and Jia, a Dim Sum restaurant close to South Kensington tube.

SOUTH KENSINGTONAREAS COVERED SW7 SW5

south kensington sales72

The market: Properties that are priced under £2m have remained in high demand and South Kensington remains a popular area for international buyers to come, both to live and invest.

Our outlook: We are seeing more stock becoming available but the number of new buyers to the market is showing some signs of slowing. So whilst we sense there will be a levelling off of prices, we don’t think there is cause to panic.

Who buys here: Western Europeans, but we have recently sold properties to people from as far afi eld as Bermuda.

SALES OVERVIEW

109In the last six months alone,

potential buyers from

diff erent countries have viewed properties for sale

through Knight Frank South Kensington

SALESBY NUMBERS

110We have


total of £564m

SALES INSIGHT

“The most exciting emerging hotspot in this locality is the Gardens area. The best thing to happen to the market would be for more two bedroom turnkey apartments priced at under £2m to come on to the market.”

Our team in action: The owners of this house had bought this through us and refurbished it beautifully. When they decided it was time to move out, they asked us to sell. After 73 viewings, the house was sold and our clients then bought a new house through our Esher offi ce.

Ensor Mews SW7

James Pace Head of Sales

96%of the guide price on sales in

the past six months


020 7871 4111 [email protected] KnightFrank.co.uk/SouthKensington

south kensington sales 73

Spacious raised ground floor flat with communal gardensQueen’s Gate Gardens

A superb apartment presented in fabulous order throughout and located on the ground floor of a well-maintained period building.

Master bedroom with en suite shower room, bedroom 2 with en suite shower room, bedroom 3, family bathroom, double reception room, eat-in kitchen, utility room, communal gardens.


SOUTH KENSINGTON SW7Share of freeholdGuide price: £3,850,000

74 south kensington sales

SOUTH KENSINGTON SW7Leasehold:approximately 87 years remainingGuide price £2,450,000

Upper maisonette with roof terraceCranley Gardens

Located on the third and fourth floors of a part white stucco fronted building, this property offers an abundance of light and has well-proportioned rooms throughout as well as a west facing roof terrace.

Master bedroom with en suite bathroom, 2 further bedrooms, shower room, reception room, dining room, kitchen, roof terrace.


south kensington sales 75

Garden views from private balconyBarkston Gardens

A spacious mansion block apartment that benefits from a wealth of reception space as well as excellent ceiling height throughout and superb views over the communal gardens from a private balcony.

4 bedrooms, 2 bathrooms, 3 reception rooms, kitchen, cloakroom, balcony, lift, resident porter, communal gardens.


EARLS COURT SW5Share of freeholdGuide price: £3,350,000


south kensington lettings76

The market: We have a strong demand for turnkey immaculate properties that always receive a positive reception and secure tenants within a short time frame at healthy prices. Current rents are healthy with new lettings volumes in the last three months 18% higher than the same period in 2011.

Our outlook: Our view is that the current weakness in headline rental growth is not evidence of a wider downturn in demand from tenants. Pricing remains historically high and we see no ‘shift change’ in pricing on the horizon.

Who buys here: We have a historically strong demand from French nationals looking to take advantage of the excellent Lycée School in SW7.

LETTINGS OVERVIEW

39%of our applicants are looking

to spend between £500-£750 per week

LETTINGS BY NUMBERS

50%of our applicants come to us

via the web

LETTINGS INSIGHT

“My typical renter is often a high net worth family or individual with more than one fi xed abode globally. International tenants want advice on local amenities, schooling and transport links. The worst mistake a landlord can make is to over personalise the presentation of a property.” of a property.”

Our team in action: Having suff ered a devastating fi re at their property on Barkston Gardens, our client asked us to fi nd a four bedroom, fully furnished property for at least a year whilst his home was refurbished. 24 hours later we had settled the family into a beautiful mews house, fully furnished and with broadband up and running.

Barkston Gardens SW5

David Mumby Head of Lettings

57%of our tenants are non UK nationals

south kensington lettings 77

Much sought after garden squareOnslow Gardens

Located in a period building with its own private entrance, the property benefits from two stunning terraces on both the first and second floors.

Master bedroom with dressing room, en suite bathroom and a terrace, 2 further double bedrooms with en suite bathrooms, guest cloakroom, reception room and adjoining dining room, study area, fully fitted eat-in kitchen.


ONSLOW GARDENS SW7Available furnished or unfurnished Guide price: £4,750 per week


south kensington lettings78

Over 2,000 sq feet of accommodation

An immaculate four bedroom family house to rent

Selwood Place

Selwood Terrace

This double fronted house over only two floors is set back from the street, approached via an attractive front garden, and has been comprehensively refurbished in the last few years.

3 bedrooms, 2 bathrooms, reception room, kitchen, dining room, study, dressing area, cellar, south facing rear garden.


This property is arranged over four floors and offers spacious and flexible accommodation with the benefit of a stunning private rear garden.

Master bedroom with large en suite, 2 further large bedrooms, further bedroom, large reception room with wooden flooring and underfloor heating throughout, impressive dining room, kitchen, study with direct access to private garden.


SOUTH KENSINGTON SW7Available unfurnishedGuide price: £2,250 per week

SOUTH KENSINGTON SW7Available unfurnishedGuide price: £2,100 per week

south kensington lettings 79

Light-filled rooms with bespoke fixtures and fittingsBrechin PlaceThe lateral space over the first and second floors is a rarity in South Kensington and early viewing is recommended.

Master bedroom with en suite bathroom, 2 further double bedrooms, 2 bathrooms, double reception room, kitchen, study, balcony.


SOUTH KENSINGTON SW7Available furnished or unfurnishedGuide price: £2,250 per week


80 south kensington sales

Earls Court SquareEARLS COURT SW5 Guide price: £2,950,000

Ensor MewsSOUTH KENSINGTON SW7 Guide price: £3,295,000

Gloucester RoadSOUTH KENSINGTON SW7 Guide price: £4,750,000

Neville TerraceSOUTH KENSINGTON SW7 Guide price: £5,395,000

Clareville GroveSOUTH KENSINGTON SW7 Guide price: £3,850,000

Queen’s Gate PlaceSOUTH KENSINGTON SW7 Guide price: £4,500,000

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

020 7871 4111 [email protected] KnightFrank.co.uk/SouthKensington020 7871 4111 [email protected] KnightFrank.co.uk/SouthKensington

81south kensington lettings

Gledhow GardensSOUTH KENSINGTON SW5 Guide price: £2,950 per week

Queen’s GateSOUTH KENSINGTON SW7 Guide price: £3,950 per week

Roland GardensSOUTH KENSINGTON SW7 Guide price: £995 per week

LET

Alexandra CourtSOUTH KENSINGTON SW7 Guide price: £2,200 per week

LET

LET

ROLAND GardensSOUTH KENSINGTON SW7 Guide price: £850 per week

LET

Onslow GardensSOUTH KENSINGTON SW7 Guide price: £1,950 per week

LET

LET


RESIDENTIAL SERVICES82

We put clients at the heart of what we do and our service levels are driven by our clients’ needs. As a result we have created an environment that nurtures the best people in the business and genuinely allows us to give the best advice – the sort of advice you’d give your family. What can be a life-changing process for many people – buying, selling, renting, or letting a property – is handled

with care, discretion, service, and professionalism at all times.

Below is an overview of our specialist teams and how they can help. If you can’t find what you are looking for here, please visit: KnightFrank.com/Residential

Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help.

WHY KNIGHT FRANK?

• Finding a property to rent• Arranging a tenancy• Rental property for corporates• Relocation services• Valuations• Services for landlords• Letting your property

Renting, letting and managing residential property

Property in Central London please contact Noel Flint on +44 (0)20 7861 5020

UK property outside of London please contact Nick van Zeller on +44 (0)1488 682 726

UK farms and estates please contact Clive Hopkins on +44 (0)20 7861 1064

Property outside of the UK please contact Paddy Dring on + 44(0)20 7861 1061

Knight Frank’s property search service contact Philip Selway on +44 (0) 20 7591 2647

For more information about financing and mortgage options with Knight Frank Finance, please contact Simon Gammon on +44 (0)20 7268 2581 or visit KnightFrankFinance.co.uk

• Finding a property to buy• Financing your purchase• Property search and acquisition• Services for international buyers• Investing in property portfolios• Valuations

Buying and selling residential property

For more information on renting, letting and property management with Knight Frank please contact Tim Hyatt on +44 (0)20 7861 5044 or visit KnightFrank.co.uk/Lettings

To find out more about Knight Frank’s consultancy services contact David Peters on +44 (0)20 7861 1067

Our world-class research team ensures that we lead the field in understanding the key drivers of the residential property market. This means that we price and market property to deliver a sale or rental in the most effective way.

• Valuations• Rural consultancy• Country house consultancy• Renewables and sustainability• Rural consultancy• Property research

Consulting and property research

For more information about our residential development team please contact Stephan Miles-Brown on +44 (0)20 7861 5403

• New Homes• Residential Development

Other areas of expertise

• Relocation services• Property management• Lettings management

DIRECTORYGlobal Headquarters

+44 (0)20 7629 817155 Baker StreetLondon, W1U 8ANUnited Kingdom

Country Department


International Department


Mayfair+44 (0)20 7499 [email protected]

Notting Hill+44 (0)20 7229 [email protected]

Richmond (Sales only)+44 (0)20 8939 [email protected]

Riverside+44 (0)20 7590 [email protected]

South Kensington+44 (0)20 7871 [email protected]

St John’s Wood+44 (0)20 7586 [email protected]

Wandsworth (Sales only)+44 (0)20 8682 [email protected]

Wapping & City+44 (0)20 7480 [email protected]

Wimbledon+44 (0)20 8946 [email protected]

Regional Offi ces Sales & Lettings

Ascot+44 (0)1344 [email protected]

Cobham+44 (0)1932 [email protected]

London Sales & Lettings

Battersea+44 (0)20 3597 [email protected]

Belgravia+44 (0)20 7881 [email protected]

Canary Wharf & Royal Docks+44 (0)20 7512 [email protected]

Chelsea+44 (0)20 7349 [email protected]

Fulham+44 (0)20 7751 [email protected]

Hampstead+44 (0)20 7431 [email protected]

Hyde Park+44 (0)20 7861 [email protected]

Islington+44 (0)20 3657 [email protected]

Kensington+44 (0)20 7938 [email protected]

Knightsbridge+44 (0)20 7591 [email protected]

Marylebone+44 (0)20 7483 [email protected]

Esher+44 (0)1372 [email protected]

Regional Offi ces Sales

Basingstoke+44 (0)1256 [email protected]

Bath+44 (0)1225 [email protected]

Beaconsfi eld+44 (0)1494 675368beaconsfi [email protected]

Berkhamsted+44 (0)1442 [email protected]

Bristol+44 (0)117 317 [email protected]

Cheltenham+44 (0)1242 [email protected]

Cirencester+44 (0)1285 [email protected]

Exeter+44 (0)1392 [email protected]

Guildford+44 (0)1483 [email protected]

Harrogate+44 (0)1423 [email protected]

Haslemere+44 (0)1428 [email protected]

Henley-on-Thames+44 (0)1491 [email protected]

Hereford+44 (0)1432 [email protected]

Horsham+44 (0)1403 [email protected]

Hungerford+44 (0)1488 [email protected]

Oxford+44 (0)1865 [email protected]

Sevenoaks+44 (0)1732 [email protected]

Sherborne+44 (0)1935 [email protected]

Stratford-upon-Avon+44 (0)1789 [email protected]

Sutton Coldfi eld+44 (0)121 3627878sutton.coldfi [email protected]

Tunbridge Wells+44 (0)1892 [email protected]

Virginia Water+44 (0)1344 [email protected]

Winchester+44 (0)1962 [email protected]

Worcester+44 (0)1905 [email protected]

Scotland

Edinburgh+44 (0)131 222 [email protected]

Lauder+44 (0)1578 [email protected]

Ireland

Dublin+353 (0)1 662 [email protected]

International

For a full listing of our international offi ces please visit KnightFrank.com

Important Notice

1. Particulars: These particulars are not an off er or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (‘information’) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).

2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Any computer generated images (CGI) are indicative only.

3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning,

building regulations or other consent has been obtained. A buyer or lessee must fi nd out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.

4. VAT: The VAT position relating to the property (where applicable) may change without notice.

Whilst every eff ort has been made to ensure the accuracy of the information contained in this publication, the publisher cannot accept responsibility for any errors it may contain. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Knight Frank LLP, 55 Baker Street, London W1U 8AN.

Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered offi ce is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears.

Cover image: New End, see page 9

This Local View is one of a series of fi ve publications covering the London area. To view and download a PDF or request a hard copy please visit KnightFrank.com/Publications

Welcome to Local View 2012. In the pages that follow, we hope to give you an insight into the unique London property market and showcase a selection of the most beautiful London properties currently for sale and to rent with Knight Frank.

The London market has performed surprisingly well during the fi rst half of the year, despite the economic uncertainty that persists in the Eurozone and in many of the wider, global markets. The capital became the focus of the world during our Great British Summer and our London offi ces experienced a surprising level of activity throughout most of this period.

Looking ahead, there appears to be a two stream market divided by the £2m stamp duty threshold. Below this level, the market is active, whilst above the threshold the market is patchy.

The continued uncertainty surrounding how properties owned in company names, or bought by ‘non-natural persons’, will be treated, has put some Prime and Super Prime buyers into ‘wait and see mode’ until the government’s consultation document is released at the beginning of December 2012. Despite this, London continues to attract interest from overseas investors, and the capital remains the number one destination in which to live, in the minds of many individuals from around the world.

Knight Frank has continued to invest in its network, both in London and overseas. We have opened new offi ces in Islington and Marylebone, and the Riverside team has moved to a spectacular offi ce at Albion Riverside. The team now covers the Battersea sales and rental markets. Overseas we have opened offi ces in Dubai, Qatar, Calcutta and South Africa, thus extending our reach to capture buyers and tenants from around the world.

I trust you will enjoy reading the articles contained within this edition of Local View and leafi ng through the many pages of wonderful properties that our clients have asked us to fi nd buyers or tenants for.

If you see any properties that interest you or if you would like advice on any property matter then please do not hesitate to get in touch with any one of our offi ces.

WELCOME

Noel FlintHead of London Residentialnoel.fl [email protected]

The smartest places NEAR YOU

The smartest place to start

The smartest places from around the world

We’ve made property search seamless – whether relaxing at home or by the pool on holiday. Our multi-lingual website and free app for iPad and iPhone give you instant access to the world’s best properties for sale or rent, from London to Long Island. All backed by our global network of experienced local agents.

Discover more reasons for choosing Knight Frank – talk to our experienced team on +44 (0)20 3641 1754 or visit

THE WORLD’S FINEST PROPERTIES AT YOUR FINGERTIPS

KnightFrank.co.uk/FranklySpeaking

LOCAL VIEWHyde Park | Marylebone | Mayfair

Issue 22012

knight Frank Central 2

Documents

Transcript of knight Frank Central 2