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by Simon Barnes

Selling your home? Then smarten up your garden

Whether it’s a shady courtyard, a roof terrace or a family sized back garden, the reality is that first impressions count when it comes to enticing buyers into your home. 

So once the last stroke of paint has dried in the hall, the curtains have been dry cleaned and the children packed off to school, it’s time to focus your energies on whipping your outside space into shape and making whatever you have small, medium or large, look well cared for and inviting.

Garden in Gloucester Road London SW7 - Aylesford International
Garden in Gloucester Road London SW7 – Aylesford International

In Prime Central London gardens and terrace tend to be all about planting without a nod to the seasons, loads of box hedging, topiary and evergreen arrangements, which definitely looks smart and is easy to maintain, but can result in a look that lacks variety in style and composition, looking pretty much the same in summer as in winter.

Cadogan Street private landscaped rear garden
Cadogan Street private landscaped rear garden – Maskells

There are many varied evergreen and herbaceous plants which can also be incorporated for their contrasting textures, flowers and year round interest.  Plants that are both reliable and will reward you with changing displays of colour, texture or scent, to provide relief from the usual evergreen formality and lack of movement. If you have space in a garden, it’s worth considering and taking advice on planting a specimen trees sourced from a specialist nursery to create visual impact and perhaps detract from an ugly object in eye range.

Green living wall and olive planting with glazed feature at Clareville Street, London SW7 - Lurot Brand
Green living wall and olive planting with glazed feature at Clareville Street, London SW7 – Lurot Brand

Clever informed use of planting can create a planting scheme that is individual and reflects a particular location, complementing the architectural building and the interior styling.  Take advice on the garden’s aspect, the soil type and micro climate and plant species and you can create a more eye catching scheme that attracts admiring glances and boosts your home’s wow factor before any potential buyer has even walked inside.

Filed Under: Advice Tagged With: Aylesford International, garden, Lurot Brand, Maskells

by Simon Barnes

Belgravia low on bling – big on baronets

Belgravia lies in the City of Westminster and the Borough of Kensington & Chelsea with large swathes being owned by The Grosvenor Estate.  It is one of the wealthiest districts in the world and hosts a variety of understated but expensive luxury property in Prime Central London. 

Belgravia was developed back in the 1820’s when, in 1824, wealthy landowning aristocrat Richard Grosvenor, 2nd Marquess of Westminster commissioned building contractor Thomas Cubitt to develop the area.  Norfolk born Cubitt designed and constructed grand terraces featuring fine stucco fronted houses leading to the focal points of Belgrave and Eaton Square. 

Eaton Square
Eaton Square

Rather like Mayfair, following the Second World War the large residential houses became vacant and commercial organisations took them over, leading to embassies and charitable concerns occupying the properties and eroding the residential aristocratic character of the district.  Gradually during the 21st Century, there has been a return to converting more of these properties back to residential homes.  Currently, the level of ‘super rich’ owners in Belgravia is at its highest since 1939.  The likes of Charles Saatchi, the art collector, oligarch Roman Abramovich, former James Bond actors Sir Sean Connery and Sir Roger Moore, are all present day residents. [Read more…]

Filed Under: Prime Areas Tagged With: Belgravia

by Simon Barnes

The business of buying prime property

Prime Property: Simon Barnes, H. Barnes & Co, talks about the business of buying prime property and the ‘death of buying agents’ ….

I was interested to read a recent article in the Financial Times (subscription required) about an increasing number of buying agents going out of business or throwing in the towel. Before times got tough in Prime Central London, it didn’t make monetary sense among a lot of estate agents for the lazy estate agent ‘Henry Fitzwilliam-Smythe’ to contact other property professionals or  properly ‘work’ his database; not when he could sell a property with one phone call and happily take his commission, rather than making two or three calls to achieve the same result.

Prime Property in London

While sloppy buying agents won’t retain good clients and will be ignored by estate agents, the best buying agents who have vetted and carried out due diligence on their clients will now be making their presence felt and more importantly count with estate agents finding the current market conditions in Prime Central London trickier than for some time.  Estate agents need to have the ear of those acting for serious buyers, who make the right buying noises and should be picking up the phone to buying agents with a direct access to these candidates and really exploiting this receptive market.

LondonBuildings005

Established estate agencies, who on a point of principle, would not deal with buying agents however talented have or should think again.  It’s a tough market out in Prime Central London, and it’s not a question of the fittest, but more about property consultants and buying agents being skilful, knowledgeable, tenacious, experienced and well-connected.  Let’s be honest, great properties do not come to those who wait, you need to know who might be tempted to sell, who is selling and where to seek and find the best. Similarly, having access to serious buyers, with funds in place and motivated to buy or invest in property in PCL  is a vital component in making the life cycle of a property transaction actually come to fruition. [Read more…]

Filed Under: Advice Tagged With: prime property

by Simon Barnes

London’s bridges and luxury developments

London’s bridges make an important statement along the River Thames, and define the importance of the river for the capital’s livelihood dating back to Roman times.  Fast forward to the present day and new developments are punctuating the river bank from east to west, construction is moving at a frenetic pace and city riverside apartments can trade for millions of pounds – such is the value of a river view looking out across the London skyline.

Albion Riverside

Standing proud and majestically between Albert Bridge and Battersea Bridge is the landmark building Albion Riverside.  H.Barnes & Co and joint agents Knight Frank estate agents have just brought a spectacular six bedroom apartment at Albion Riverside to market for a whopping £12m. 

Albion iverside 4

The building Albion Riverside was originally designed for Hutchison Whampoa Property by multi award winning architects Foster & Partners. The development is a combination of four luxury flats and extends to a very impressive 6,000 square feet of lateral space flooded with natural light through the floor to ceiling windows.  A large wraparound balcony provides dramatic views of the River Thames and the London cityscape. [Read more…]

Filed Under: Simon Barnes’ Property Scrapbook Tagged With: Foster & Partners, Hutchison Whampoa

by Simon Barnes

At your service – facts about service charges

In Prime Central London service charges for luxury buildings have generally gone up in line with inflation.

“The point at which you should be concerned about service charges is if they rise substantially above this rate.” says Simon Barnes of H.Barnes & Co. “This is an indication that there is generally something amiss and potentially a cause for concern unless money is being paid out for major works such as redecoration of the building or the replacement of a lift or communal boiler.”

What are service charges?

Service charges relate to a leasehold property and the associated running costs of the building such as communal heating, hot water, the lighting of communal areas, maintenance and upkeep of the roof and building structure and (in every case) the cost of insuring the building.

LondonScenes006

Often there is what is known as a “sinking fund” or “reserve fund” which is a charge that is made in addition to, but usually collected at the same time as a service charge, which is set aside to pay for future major works. For example, owners might be asked to pay in an extra £1000 or £2000 per year into a fund which is build up over time to pay for works to the building such as new lifts or redecoration of the common parts, rather than being asked to stump up £15,000 or £20,000 in addition to their annual service charge as and when these works need doing. This is usually the sign of a well-managed building, though admittedly it does benefit people who intend staying put for a long period of time rather than those who will only stay for a year or two. [Read more…]

Filed Under: Advice Tagged With: Direct Line research, property charges, property service charges, service charges

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