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by Simon Barnes

Ask Simon Barnes

Simon-Barnes1-e1362391770530-480x480If you could own any house in Mayfair which would it be?

A family mansion on either Grosvenor St or Brook St with the separate mews house. There are so few of these properties in London but the ones that are available have been upgraded for modern day living and provide the very best and biggest space in PCL.

How much value does a property with a garage add to a property in Prime Central London?

Once you enter a certain level of the market, a separate garage is essential and not price driven. It is more about the overall desirability of a property with separate, secure parking than it is about actual value. Privacy, convenience, security are all boxes that must be ticked for buyers of top end property and that means having private parking…usually for more than one car.

Who buys property in London in the summer months and is it possible to negotiate harder in the holidays?

Domestic buyers tend to be less active over the summer months..particularly once schools break up. But as they leave, other nationalities arrive ie. ME, Asian and Indian buyers…all of whom have traditionally been a strong force in the market over the holiday period and this year looks set to be no different. However it isn’t possible to ‘negotiate harder’ as it is a very different market. These overseas buyers don’t tend to be looking for family homes and lifestyle purchases…they are looking to make sound investments in prime addresses.

Filed Under: Ask Simon Tagged With: ask simon, garages, Mayfair, summer buying

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