Full advisory on investment strategy, property search and acquisition.
Recently engaged and combining their resources for the first time, our clients were focused on finding a long-term home which would perform well for them financially and prove a flexible asset (in case life took them overseas at any point).
The scope of their search was very limited. Our clients had fallen for a particular West London terrace. Having missed out on one of these very special houses (which hit the market before they were ready) and a second (where they lost out to another bidder) before they engaged our services, they were anxious to avoid this happening again.
Through a local architect our clients had heard of another of these houses, then divided into 3 flats, which the owner was intending to redevelop and market herself. Since they were keen to put their own stamp on a property, our clients asked us to get directly in touch with the vendor and negotiate a deal on their behalf.
Another bidder (who was prepared to proceed without planning permission to reunite the 3 flats) briefly pulled ahead of us but we held our nerve and waited for the essential consent – the price proposed was far too high for the three flats had our clients not been permitted to reconfigure and extend.
Our measured approach payed off and our clients are happily installed in their newly refurbished property in an area where gentrification continues apace and outstanding secondary schools ensure a consistent stream of potential buyers and renters.