With news that house prices have fallen 19% in the Royal Borough since 2014 comes yet more proof that Brexit has taken its toll on the wealthiest area of London.
Aside from that uncertainty, the number of ‘forced sales’ is increasing in the are also. An example comes in the form of a Knightsbridge mews house offered by Kaye & Carey on behalf of the LPA Receivers.
Built on the site of a former bakery in Montpelier Mews in 2001, the 3,854 square foot property consists of five floors of accommodation and includes 4 reception rooms, a cinema room, 3 bedrooms, 5 bathrooms and a roof terrace.
Two stories to keep beside you
Chaneling the VAT in Chelsea
Another pair of Chelsea fraudsters bite the dust The Royal Borough of Kensington & Chelsea, as we’ve repeatedly pointed out, attracts criminals and the case of the latest dodgy pair to come to our attention won’t surprise many of our readers sadly. Meet Emmanuel and Behnaz Scotts, a duo who funded a “high rolling […]
Slumping Super-Prime
Sales of super-prime properties in the UK fall by 86% Yesterday, the property group London Central Portfolio released data that showed that sales of £10 million-plus properties in the UK had fallen 86% over the past year. Blaming hefty Stamp Duty increases and Brexit uncertainty, the firm reported that just 5 “super-prime” properties […]
A guide price of £5.95 million ($7.49 million, €6.71 million or درهم27.51 million) has been set for the freehold.
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2 comments
It’s hideous.
Bad taste to the extreme!