Christmas is Coming! How do I know Christmas is coming?
Well last week I received the annual planning permission notice from Westminster City Council
for the erection of The Connaught Christmas Tree –
now the central focus of our Mount Street Christmas Lights Evening
which occurs on
Thursday 30th November 2017

The 2016 Connaught Christmas tree that lit up Mount Street.
So if you are thinking Mayfair property you have under 15 weeks to sell / buy / let or rent your Mayfair home.

Mayfair Service
The graph below shows the sales of Mayfair property to date this year compared to the previous 10 years since the peak of 2007.
The 2017 volume of sales to date is under half the turnover of 2013 (before 2014 tax reforms) and a third of 2007.

Volume of Sales are at record low but stock available is up.
However with fewer sales and a continuing natural supply of new stock –
the result is a rise in stock levels by 50% giving buyers a greater choice.
Now that is what I call a “Mayfair Service” –

In other prime central London areas, estate agents are complaining about a lack of stock
BUT we in Mayfair can offer you a greater choice.

There are however few forced Mayfair sellers.
The amount of property withdrawn from the sales market this year is nearly equivalent to the amount of sales.

Mayfair in Minutes
This month we are focusing on changing perceptions.
Buyers and tenants might limit their choice of areas or size of home
thinking they cannot find their perfect home in “the Golden Postcodes”.
Well, let’s see if we can show you the value of Mayfair?

• 2 & 3 bedroom homes range from just under £1.5M up to £5.25M.
• £ per square foot values range from £2,200 p.s.f. up to £4,400 p.s.f.
Stock Watch

From the current Mayfair stock available (21+ year leases) –
• 2 Bedroom flat market accounts for 40%.
• 3 bedrooms accounts for 25%.

Ask The Mayfair Guru?
“I would like a 2 bedroom flat in Mayfair under £1.5M”
No problem – just off Berkeley Square in a mansion block for
Price: £1.4M / £2,219 p.s.f. SOLE AGENT
(Note: 2 bedroom flats range from £1M / £1,761 p.s.f. up to £7.5M / £4,190 p.s.f.
The lowest rate is £1,578 p.s.f up to £4,190 p.s.f.)

“I need TWO 3 bedroom Mayfair apartments in the same building”
Great – off market deal and each has a roof terrace – the PAIR for ..
Price: £7M / £2,280 p.s.f. SOLE AGENT
(call Hugo on 020 7529 5594 or Thomas on 020 7529 5561)
(Note: 3 bedroom flats range from £2.35M / £2,119 p.s.f. up to £8.75M / £2,525 p.s.f.
The lowest rate is £1,110 p.s.f. up to £4,400 p.s.f.)

“It has to be a No.1 address with ample space for entertaining”
You will be amazed by this – How about a 2 bedroom flat with high ceilings?
South facing views over the gardens of Grosvenor Square.
Plus the use of a Ballroom for entertaining over 300 guests?
Price: £3.75M / £2,532 p.s.f. for mid-term lease. SOLE AGENT

“I only want to live in Mount Street
as it is the No.1 retail destination location in the world
and I love Scott’s and The Connaught”
Perfect – Wetherell have two new apartments of 2 & 3 bedrooms.
Price: £4M / £3,670 p.s.f. and £8.95M / £4,387 p.s.f. SOLE & JOINT SOLE AGENT
“I need secure parking, 3 bedrooms plus some outside space –
And it needs to be close to the new Annabel’s”
Done – and quietly located, just off Berkeley Square.
Price: £4.25M / £2,653 p.s.f. SOLE AGENT

“I want the archetypal Mayfair apartment –
2 Recep / 2 Bed / 2 bath –
Period building, grand entrance Lobby with Porterage,
large entertaining rooms –
OH! and a roof terrace?”
Perfect – How about a south facing roof terrace over the roof tops of Mayfair.
An interconnecting drawing room and dining room
35 foot in length (with 4 sash windows)
Plus 2 great bedrooms.
Price: £5.25M / £2,814 p.s.f. SOLE AGENT

“I want to rent a Wow Home in Mayfair
Think James Bond”
How about this? – Gated private Mews, Courtyard approach
Cylindrical with an Atrium rising up middle of the house
3,310 sq.ft.
Rent: £4,250 p.w.

“Can I find a 2 bedroom apartment in Mount Street
For under £1,000 p.w. ?”
YES – Berkeley Square end
Rent: £850 p.w.

Wetherell Promotion
Pollyanna Prescott has accepted the offer of promotion to Residential Lettings Manager.
After 7 years in the industry she was awarded The LonRes Best Newcomer Award 2017.
She has just completed the longest letting of her career with a 6 year let on a Mayfair house.

Weather Watch
We have just taken delivery of our 35 year anniversary Wetherell umbrellas.

Do drop into our Mount Street office if you are caught short.

Eaton Square Upper School, Mayfair
Eaton Square Upper School (the only secondary school in Mayfair), will open in September 2017.
The school will be located at 106 Piccadilly, opposite Green Park in the heart of London.
It will be co-educational and will cater for up to 420 students aged 11 upwards.
They will initially open entry into Year 7, Year 8 and Year 9, and will then fill the school naturally after their first year.
Please email [email protected] or call 0207 491 7393 for more details or to register your interest.

And Lastly…..
With only a few months to go before Christmas and with fitness in mind –
Why not book in NOW for a 6 or 12 week fitness course.
Private Gym in the heart of Mayfair.
The Bodydoctor – Health & Fitness
Highly recommended private gyms in Mayfair & Belgravia