You Should Be Investing In Residential Property In London: Here’s Why
The residential market survey (RICS 2014) indicates that the imbalance between supply and demand is the main catalyst for growth, by creating a greater upward pressure on the price of residential property. In particular the strongest gains in residential properties were in London and the South East. This is perhaps also attributed to low supply, so whilst the rest of the UK see’s an increase of roughly 4%, the growth in London is much higher.
There is a rise in London property prices and the South East. Regional breakdown of prices, Residential Market Survey [RICS March 2014]
Earlier this year the property market began experiencing growth thanks to global economic recovery as well as a London price bubble of 9%. This property bubble has now risen to 18% [The Guardian April 2nd]. This increase has been caused not only by the increased value of property in The City and London generally, but the fact that average house price are up this year also. There has also been an increase of dignified foreign investors creating sustained growth through sound residential property investments.
The low property stock in London has created a property bubble. Ratio of Sales to Stocks Residential market survey [RICS March 2014]
Lurot Brand is London’s only Mews property specialists and as we are seeing property prices rise with the London property bubble, we believe that now is the right time to make a quality property investment, as we see continued growth in the London area.
Our recent addition is a good example of a quality investment. This key house property located in Belgravia has fantastic local amenities. This 2090sqm property also includes a garage, and a ground floor reception room leading to a generously sized kitchen/dining room. There is excellent transport links that include London Victoria station, that has major national rail and London connections. Despite its central and convenient location Burton Mews like all great Mews properties is nestled away from the main noise and bustle of central London.
We feel this would be a solid investment opportunity not only for the attractive community benefits of living in a Mews property but also for the unique qualities each Mews property has. The provenance of many Mews properties is both inspiring and historically interesting.
Doris Hope Lurot Betjeman
The artworks of Doris Hope Lurot Betjeman reflects the attractiveness and uniqueness of each Mews properties that we cannot help but fall in love with. One would feel as though we were in a beautiful country village.
Thoroughly modern throughout [Kitchen Dining room]
Burton Mews despite its historical status is thoroughly modern throughout. Not only are the property utilities the latest in technology, but the decor is to an excellent and tasteful modern standard. The design of the house makes excellent use of its space. The Master suite opens to a large dressing room leading to its en suite designed with two in mind. There are also a further 2 bedrooms both with their own en suite. As well as this the property also contains a Study conveniently located near to the master suite, and a patio located to the rear.
Mater suite bedroom
We feel that this house is a beautiful property and it is the quietest Mews on our books. For more information you are strongly encouraged to view the property specifications located here. You may also wish to contact us.