55 The Bromptons: Value per Square Metre in Prime London Location
A maisonette in the new-build section of the exclusive Bromptons is on the market with Winkworth. There are few comparables in prime London, both Knightsbridge, Chelsea and Belgravia, with only two four bedroom flats on the market in SW3, (Prime Location 24.06.09), for under £4.5m. This luxury maisonette is on the market for £3.15m. The cost per square metre works out at £1,536 – which is very good value for such a high-spec property with an underground parking space – a rarity in central London. The flat is currently let for £635 per week (£2750 per month) until 31st July.
The original complex was built in 1844, and was redeveloped by Northacre Plc in 1997. The design and character of the building has been immaculately maintained, whilst achieving the highest lifestyle standard. This unique development offers its residents full leisure amenities that include a swimming pool complex with a gym and steam room as well as secure parking, full concierge services and access to the well tended communal gardens. The complex is owned by its lessors.
55 the Bromptons is an exceptional four bedroom ground floor maisonette presented in immaculate order throughout and with the benefit of three entrances, including access from the complex, the street and also the underground car park. It is a large flat; accommodation extends to 190.45sq/m (2050sq/ft), and the reception room measures 26 x 20 ft. All three bathrooms have recently been subject to a luxury upgrade, and the flat further benefits from air cooling. The property is quietly located to the south of Onslow Square and overlooks the gardens.
James Moran, Franchisee of Winkworth South Kensington, who is selling the property, says:
’55 The Bromptons is situated in an aspirational address. Most people buying there are international purchasers, looking for somewhere they can ‘lock up and leave’ when business takes them out of London. The Bromptons offers great security, entrance is via a concierge, and parking for two cars – making it the ideal central London bolt-hole.’
The market downturn has seen a higher number of international buyers entering the British property market. European buyers are benefiting from the Euro’s relative strength which has more or less doubled the benefits of the price falls.
Tom Dogger, Franchisee of Winkworth Knightsbridge & Chelsea comments:
‘Residents in the Bromptons are amongst the elite, including Sir Jackie Stewart and Eddie Jordan. Knightsbridge, Chelsea and Belgravia are experiencing an unprecedented increase in enquiries from purchasers looking to buy properties in this prime area of Central London. The majority are based overseas and are taking advantage of the perceived fall in prices since the peak of the market in 2007, plus the weak pound. In many cases, buyers are not dependent on financing and are using cash funds.’
For more information about 55 The Bromptons, please call James Moran on 020 7373 5052 or email jamesmoran@winkworth.co.uk. Alternatively, click here, to view further details.
