Go to Top

Property News

Very High Commission: Canada cashes in on Britain’s property boom

Canada has cashed in on the Britain’s property boom by selling its Mayfair embassy for £306milion – more than six times the value placed on it just 14 years ago. The stunning building, in London’s historic Grosvenor Square, has been the Canadian High Commission since 1960. It failed to sell for £50 million in 1999, but today it was confirmed a deal has been struck with an Indian property tycoon. …Read More

Great Scott: First base for the Met Police to be turned into five-star hotel

The first headquarters for the Metropolitan Police will be transformed into a five-star hotel – with £10,000-a-night rooms for VIPs – after the historic building was acquired by property developers. Stephen Conway, chief executive of Galliard Group said: ‘Our vision is to create one of London’s most outstanding 5-star hotels. It really is a blue-chip building with grand architecture, a fascinating history and large dramatic interiors. Great Scotland Yard, the …Read More

Red Lion House, Waverton Street

A former Public House, Red Lion House was recently featured in The Mail Online.  With interior design by Bill Bennette, this beautiful newly built virtually detached house covers seven floors and boasts fantastic entertaining space, a swimming pool, cinema, two roof terraces and a master bedroom suite that occupies the entire first floor. The elegant reception room on the ground floor opens onto to a 216 sq ft patio and …Read More

Lady Norah Docker and the Pink Panther Pad

An elegant lateral mansion flat in Claridge House on Davies Street, adjacent to Claridges Hotel, which benefits from luxurious Art Deco style features and furnishings, and was once the Mayfair home of Daimler heiress Lady Nora Docker, has just come onto the market through sole agent Wetherell. Situated between Berkeley Square and Claridges Hotel, Claridge House was constructed in 1924, designed by architect S. Gordon Reeves, who was involved in …Read More

Wetherell data shows good restaurants can improve prices by 15-20%

Wetherell survey finds good restaurants can enhance residential property values by 15%-20% with fast food outlets doing the opposite. As residents in London’s West End have become ever more affluent, international and health conscious, they are dining out more; are discerning about where they eat and are choosing to live in addresses close to leading restaurants. This trend means that high quality restaurants can make an address sought after and …Read More

30 Mount Row: Knock down a £35m house, tee up a £28m profit

Wetherell`s property at 30 Mount Row featured in both the Sunday Time & The Daily Mail yesterday. Alexandra Goss of the Sunday Times wrote “The buyers of a two-storey mews house on sale for £35m could make tens of millions of pounds by knocking it down and rebuilding. The secret to Britain’s most expensive demolition project is the location of 30 Mount Row in the heart of Mayfair, central London, …Read More

From Diplomats to Drawing Rooms

Wave of Embassy and diplomatic building sales could create hundreds of new homes in central London’s finest addresses Expiring leases, booming residential values and changes in how diplomacy is undertaken are driving a wave of embassy and diplomatic building sales in Mayfair, Marylebone, Westminster, Kensington and Holland Park, creating the potential for hundreds of new luxury apartments and trophy mansions in London’s finest addresses. These are some of the findings …Read More

Silver Spoon Students Help Keep the Lettings Market Buoyant

Untidy bedsits and cramped flat shares in secondary locations are normally associated with student life, however in central London’s best addresses, where weekly rents can top £1,000 per week, an elite of  highly-affluent “silver-spoon” overseas students are renting luxury apartments and living alongside wealthy tenants who include bankers, oil industry tycoons and advertising directors. These are some of the findings from a Prime London Residential Lettings Review undertaken by estate …Read More

£229,286: the price of a Tube stop for property in London

Proximity to a station and a good school are among the key factors that determine home values in the UK capital. Buying a home is an emotional decision. But by taking into account proximity to Tube stations, schools, even supermarkets, and throwing in some park views, you can start to quantify exactly how the value of your property stacks up, according to a new raft of statistics. We all know …Read More

Mayfair club to be transformed into £250MILLION mega-mansion

David and Simon Reuben will transform grand Cambridge House Billionaires want it to be 45-room palace with underground swimming pool, gym and 35,000-bottle wine cellar Property used to house former exclusive gentlemen’s club In and Out Mayfair could return to the top of the Monopoly board after plans were approved to convert a former social club into a record-breaking £250 million mansion. Cambridge House, on Piccadilly, was bought in 2011 …Read More