Archive for September, 2011

22nd September Post Auction News

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Revenues rise to £13m as covenant, quality and price hit the right note with buyers at Andrews and Robertson’s September auction.Property buyers searching for value and high yielding stock or lots with potential to add value packed into the Grand Connaught Rooms where Andrews and Robertson held its 22 September auction.

With uncertainty over the wider economy heightening and volatility in the stock market continuing, bidders looked for stability in bricks and mortar with many investors chasing good commercial covenants, residential projects in quality locations including those with a London postcode, while others bought carefully looking for revenue and sourcing high yielding stock, or lots with potential to add value.

Almost £12m was raised on the day and investor demand for stock continued pushing success rates to 60% and receipts to almost£13m.Some of the strongest individual results where prices significantly exceeded guides occurred on behalf of motivated sellers: they included a number receiverships and mortgagee in possessions as well as lots offered on behalf of private vendors seeking a swift and secure transaction.

Robin Cripp, Senior Auctioneer, said: “The market continues to face challenges, but having said this there is a heartbeat there and money to spend as the sale of a portfolio of 20 new build houses in Blackburn producing £118,500pa which sold for the LPA receivers at its guide price of £1.3m demonstrates.

“However it is fair to say that buyers are being selective and remain extremely price sensitive. They are looking for a secure home for their money, often they prefer to buy in an area which they know well while others are willing to look beyond their region and London and the South-East remains a favourite area for investment, we are also seeing a number of overseas buyers who consider the UK to be a secure base as uncertainty over the Euro-zone continues to grow.”

Recent Sales By Quinton Scott

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Quinton Scott has recently been successful in selling the following properties in the Wimbledon area.

 

South Park Road, SW19 12asouthprkgdns.jpg

A fantastic four bedroom detached family home situated close to Wimbledon town centre and mainline station in one of Wimbledon’s most popular roads. Benefitting from a delightful garden with patio which has its own timber garden room with lighting and power that could be utilized as an office or media room.

 

 

Stanley Road, Wimbledon SW19 broadwayhse_47.jpg

An outstanding luxury one bedroom apartment located on the 6th floor of the exclusive Chorus building situated in the heart of Wimbledon.

 

 

 

 

Amberley Court, Stanley Road, SW19 4amberely.jpg

A two bedroom first floor purpose built apartment situated on Stanley Road.   Garage and communal garden at the rear of the property.

 

 

 

 

Kingsley Road, SW19 16kingsley.jpg

A three bedroom mid terraced property in need of complete refurbishment throughout.

 

 

 

 

 

 

 

Draxmont, Wimbledon SW19 1drax.jpg

A spacious three double bedroom ground floor apartment having the benefit of a private south facing garden.

 

 

 

 

 

Downings House, Southey Road, Wimbledon SW19 10-downings.jpg

A superbly presented three bedroom split level (first and second floor) apartment imaginatively carved from this converted school building to create a unique flexible light and airy contemporary space.

 

 

 

 

Should you be considering placing  your property on the market for sale then please telephone us for an up to date market appraisal, without obligation.

Recent Lettings by Quinton Scott

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Witley Court, Worple Road, Wimbledon SW19   mini-3_whitley_ct_ext.jpg

A very spacious 2 double bedroom purpose built flat presented and finished to a high standard throughout.   Situated within a short walk of Wimbledon town centre and station.

 

 

 

 

 

Downings House, Southey Road, Wimbledon SW19        mini-downingshse.jpg

A very unusual 2 bedroom split level apartment in this converted Georgian School House.  A very bright apartment benefiting from very high ceilings and large windows.   Allocated parking and tenants have the use of the residential gym.  Situated within a 10 minute walk of the town centre.

 

 

 

Pelham Road, Wimbledon SW19                       mini-20_pelham_road_frnt.jpg

A lovely 2 double bedroom first floor apartment in this grand converted Victorian house.  Neutral decoration throughout and a modern feel.    Situated in the popular and quiet Pelham’s area within easy walking distance of South Wimbledon’s Northern Line and central Wimbledon’s mainline station and District Line.

 

 

 

 

 

Romney House, Mersham Street, Westminster   mini-222_romney_house_frnt.jpg

A stylish 2 bedroom, 2 bathroom apartment in Westminster’s popular Romney House building.   The development also has a concierge service, residents gym and underground parking. Situated in a fantastic location close to Westminster and St James’ tube stations.

 

 

 

Pembroke House, Chaucer Way, Wimbledon SW19   44pembrokehouse_lounge.jpg

A well presented modern 2 double bedroom ground floor apartment in a small block  within a gated development

 

 

 

 

Selhurst Close, Parkside, Wimbledon SW19  88_selhurst_frnt.jpg

A very well presented large 1 bedroom flat in this popular Parkside development.  Situated within easy reach of Southfields District line station and Wimbledon and Putney town centre’s.

 

 

 

 

Chorus, Stanley Road, Wimbledon SW19   3_broadway_frnt.jpg

A modern first floor 1 bedroom apartment in the exclusive Chorus development on Wimbledon Broadway.  Finished to a high standard throughout.   Neutral decoration and wood flooring throughout.

 

 

 

 

Should you be considering placing your property on the market for rental then please call us for an up to date market appraisal.

 

24 High Street,
Wimbledon Village,
London SW19 5DX

Tel: +44 (0)20 8971 6780
Fax: +44 (0)20 8946 3683