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​Property Report October 2000

October 2000

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Properties with Porters

Curzon Street



Curzon Street, Mayfair W.1

Modern apartment with patio, parking and porter.
Double Reception Room, Master Bedroom with En Suite Shower Room, Bedroom Two, Bathroom, Kitchen, Patio, Lift, Porter, Underground Parking Space.

Sole Agents
£580,000





    
Grosvenor Square, Mayfair W.1


West facing apartment with staff flat & parking.
Reception Room, Three Bedrooms, Two En Suite Bathrooms, Kitchen/Breakfast Room, Guest Cloakroom, Partial Air Conditioning, Self Contained Staff Flat, Secure Parking Space, Porter.

Sole Agents
£1,100,00




  Grosvenor Square

Mount Street



Mount Street, Mayfair W.1

One bedroom apartment in Mayfair Village.
Reception Room, Bedroom, Shower Room, Kitchen, Lift, Porter.

Sole Agents
£495,000





            Park Street



Park Street, Mayfair W.1

Apartment in Park Lane block with views of Hyde Park.
Double Reception Room, Kitchen, Four Bedrooms, Three Bedrooms (Two En Suite),
En Suite Shower Room.
Lift, 24 Hour Porterage.




Joint Sole Agents
£1,200,000





Wetherell - Mayfair's Market Makers


Wetherell’s latest research shows that demand for Mayfair & St James’s properties has not diminished; during the third quarter 48 properties were sold (Q1 – 44, Q2 – 48) with a total value of approximately £57m. Of the 48 properties sold, Wetherell were involved in the sale of 21 properties, giving them a market share of some 44%.

£195,000 was the asking price for the cheapest flat to be sold, whilst the top end of the market saw a freehold house in Charles Street change hands for circa £8,000,000. Other properties which sold during the last three months by Wetherell include:

  • Hill Street – refurbished two bedroom flat with short lease £365,000
  • Charles Street – ground floor flat with 999 year lease £540,000
  • Park Street – period townhouse with potential on mid term lease £725,000
  • Arlington Street, St. James’s – three bedroom short lease apartment £775,000
  • South Street – impressive mansion flat with 24 hour porterage £1,500,000
  • Hays Mews – minimalist house by John Pawson £2,250,000
  • Green Street – refurbished mansion with pool and parking £6,950,000


Buy Now – Be in by Christmas

With some peoples’ concern about the market earlier this year now allayed, the number of properties for sale (118) is back to Mayfair’s historic average and highlights the shortage of properties for sale earlier this year (80 and 101 during Q1 & Q2 respectively).

With it taking on average 8 weeks from agreeing a sale to completing the transaction, the time is fast approaching when purchasers need to secure something now if they want to be in before Christmas. With Wetherell acting directly on 40% of the properties for sale we should be able to get the right property for you and aside from the properties above, other properties new to the market include


South Street
A refurbished apartment with air cooling, multi room HiFi,
24 hour porterage, 973 year lease. £1,835,000

Audley Square
Garden flat in period building with air cooling, conservatory,
patio and 997 year lease. £925,000

Shepherd Close
Low built house with private garden in hideaway location
O.I.R.O. £2,000,000

Bolton Street
Completed development of nine newly constructed flats behind period facade
£375,000 – £1,150,000











NAEA


Wetherell


Mayfair’s Leading Estate Agent


Tel: 020-7493 6935     Fax: 020-7629 9303

We sell well

Ombudsman Scheme

No.49 102, Mount Street, Mayfair, London W1Y 5HF OCTOBER 2000









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