23 May 2023 | Grand Connaught Rooms WC2B 5DA
The May 2023 Barnard Marcus property auction includes a five floor investment building in Warwick Road SW5 arranged as 9 flats with a garage, with a guide price of £2.675m.
MoreAllsop May 2023 commercial property auction
17 May 2023 | Online
The May 2023 Allsop commercial property auction is online and includes: a freehold shop investment and residential development opportunity in Epsom, Surrey KT19 8BA, with a guide price of £950,000 to £1m; a freehold city centre retail investment at St Peters St, St Albans AL1 3EA, with planning permission for 3 shops and 20 flats, with a guide price of £2.4+; a vacant former public house at Latimer Road W10 6QW, over 3,457 sq ft, with development potential subject to planning, guide at £1.25m+.
MoreAllsop May 2023 residential auction
11 May 2023 | The Berkeley SW1X 7RL
The Allsop May 2023 residential property auction includes: a freehold building at Hampden Lane Tottenham N17 0AS arranged a 3 flats with a guide price of £650,000+; a site at Taylor Close Hampton TW12 1LE with planning permission for a two bedroom detached house, guide price £100,000+; freehold building in shell condition at Hanbury Street, Spitalfields E1 5JL with a guide price of £750,000+; freehold house on a large plot at Milborough Crescent , Hither Green SE12 0RR with a guide price of £550,000; and a Grade II listed former hall at the Academy Woolwich SE18 4BT with a reduced guide price of £275,000+.
More
Freehold yard with development potential in Colindale
Unit 2 Grahame Park Way Colindale NW9 4AN
A 499.8m2 (5,379sq ft) freehold site, situated 1km to Colindale Underground Station, is on the market with Gilmartin Ley. The site produces £32,000 per annum with vacant possession at 4 months notice. More
Savills research show significantly reduced land transactions in London with downward pressure on values especially in Outer London
April 19, 2023
19 April 2023
Savills research points to a significant reduction in London land transactions over the last six months. Central London residential land values have declined 5.5% annually but have remained stable over the last quarter, however Outer London values have declined by 9.5% in the six months to March 2023 taking the annual decline to 16%. More
Savills May 2023 property auction
10 May 2023 | Online
Savills May 2023 property auction is online and includes: a 2 storey unmodernised house at Tramway Avenue, Edmonton N9 8PE, with a guide of £210,000; a detached freehold unmodernised 2 storey house at Craignish Avenue, Norbury SW16 4RW by order of Croydon Council, with a guide of £310,000; a part vacant house at Hendon Way NW2 2NB with potential to extend, with a guide of £600,000; a 4 bedroom unmodernised house with planning consent for an extension, at Arlington Road, Camden NW1 7ES. with a guide of £1.35m; a cleared site at Station Approach, Ruislip HA4 6RZ with planning for a commercial unit and 6 flats, with a guide price of £1.3m; land at High Road Buckhurst Hill IG9 5HN with expired planning for a 5 bedroom house, with a guide of £575,000.
More
Site in Hounslow with planning for 55 apartments
London Road Hounslow TW3 1SE Kingsbury Stone are offering a 0.51 acre income producing site with planning for a 10 storey new build property with 49 private units and 6 affordable units. The site is located in a prominent position on London Road, 650 meters from Hounslow East underground station. More
Halifax House Price Index for March 2023
April 6, 2023
6 April 2023
On an annual basis the Halifax House Price Index shows that house prices were 1.6% higher this March, however this is the weakest increase since October 2019. The typical house price is now £287,880, 2% below the peak last August. More
Nationwide House Price Index points to 3.1% annual decline for the UK in March 2023
April 1, 2023
1 April 2023
The Nationwide House Price Index reports that house prices in the UK were down 3.1% this March compared to a year ago, and this is the largest annual decline since July 2009. Mortgage approvals were also weak at 43,500 cases in February, almost 40% below the same time last year. More
Auction House London April 2023
19 April 2023
The April 20023 Auction House London property auction includes a vacant commercial building in Virginia Water, Surrey, on an 8,500 sq ft plot with potential for development subject to planning, with a guide price of £875,000+.
MoreSavills April 2023 residential property auction
18 April 2023
The April 2023 Savills auction includes a freehold 2 storey commercial building with potential for conversion subject to planning, with a guide of £190,000, a freehold block with planning for an additional floor in Leyton E10, with a guide of £150,000 and a two floor semi detached house on a large plot in Enfield EN2 with a guide of £500,000.
MoreBarnard Marcus April 2023 residential auction
18 April 2023
The Barnard Marcus April 2023 auction features over 300 lots including s a 1/3 acre landmark site with development potential subject to planning, in the Old Town, Croydon with 14,000 sq ft of buildings and a guide price of £1m.
MoreMonetary Policy Committee increases interest rate to 4.25%
March 23, 2023
23 March 2023
The Bank of England's Monetary Policy Committee voted 7-2 to increase the Bank Rate by 0.25% to 4.25%; two members preferred to keep the rate at 4%. The MPC will adjust the Bank Rate as necessary to return inflation to the medium term target of 2%. Inflation unexpectedly rose to 10.4% in February. More
ONS reports London has the lowest house price increase in the UK
March 22, 2023
22 March 2023
The ONS UK House Price Index for January 2023 shows that average houses prices rose 6.3% to £290,000 in the 12 months to January 2023. This is down from 9.3% in December 2023. More
City of London Corporation approves plans for a 32 storey tower at Gracechurch Street EC3 with retail and a heritage garden
March 20, 2023
20 March 2023
On the site of the Forum and Basilica in the heart of Roman London, the City of London Corporation have approved plans for a 32 storey tower featuring ground floor retail, a fifth floor heritage garden and 27,000 sq m of office space. The development at 85 Gracechurch Street EC3 will also reopen a historic pedestrian route between Gracechurch St and Lime Street. More
Locations surrounding regeneration zones in London benefit from an additional 2% pa increase in property values
March 16, 2023
16 March 2023
A CBRE report 'The effects of regeneration on local property values', analysed 11 regeneration zones in London and concluded that locations within a 10 minute walk benefitted from an average additional 2% increase per annum in residential property prices. The locations analysed were Canary Wharf, Colindale/Burn Oak, Elephant and Castle, Greenwich Peninsula, Kings Cross St Pancras, Nine Elms, Paddington, South Bank, Stratford, Wembley and Woodberry Down. More
MIPIM 2023
14-17 March 2023 at Palais des Festivals, Cannes
6,000 international investors and financial institutions are expected to meet at MIPIM 2023. Over 23,000 people are expected to attend the annual property event in Cannes, with delegates from over 90 nations and 2,400 exhibiting businesses. More
RICS survey reports falling house prices and increased rents in the UK
March 9, 2023
9 March 2023
The Royal Institute of Chartered Surveyors (RICS) Residential Market Survey in February 2023 reports falling house prices based on their House Price Balance. The House Price Balance is a figure based on the difference between RICS surveyors reporting an increase in house prices and the number of surveyors reporting a decline. More
Strettons March 2023 residential property auction
30 March 2023
The Strettons March 20203 residential property auction features lots including a freehold building arranged as 3 flats in Fortess Road NW5 with a guide price of £800,000+ and a vacant former place of worship in Clarence Place, E5 with planning for 3 flats, at a guide price of £600,000.
More
Developers asked to consider alternatives to demolition in the City of London
March 7, 2023
7 March 2023
The City of London Corporation is the first planning authority in the country to ask developers to carry out carbon impact studies for buildings over 1,000 sq m before submitting an application. The aim is to encourage reuse of existing structures thereby reducing the Square Mile's carbon footprint. More
Vacant Church and Nursery Building in Norwood
1A Cargreen Road London SE25 5AD
Two commercial units comprising a church and nursery building, totalling 4,025 sq ft on a 0.09 acre site, are on the market with Kingsbury Stone. The site, with development potential subject to planning, is located 300ft from Norwood Junction train station. More
Bank Rate increased to 4%
February 2, 2023
2 February 2023
The Bank of England's Monetary Policy Committee voted 7-2 to increase the Bank Rate to 4% from 3.5% with the aim to achieve the 2% inflation target while maintaining growth and employment. Two members preferred to keep the rate at 3.5%. More
Green refurbishment of 1950s office building in the City of London
January 31, 2023
31 January 2023 The remodelling of Fleet House in New Bridge Street EC4 will create and an additional 1,800 sq m of office space and a public rooftop garden. Almost three quarters of the existing structure will be retained, substantially reducing the carbon footprint compared to a new build. More
LLDC seeks joint venture partner for a major development site on Queen Elizabeth Olympic Park
January 18, 2023
18 January 2023
The London Legacy Development Corporation (LDDC) is seeking a JV partner for the development of the 5.1 hectare site at Pudding Mill Lane. Outline planning permission allows for 948 homes (45% affordable) and a minimum of 30,000 sqm of employment, retail and community space, valuing the scheme at £675m GDV. More
Light industrial building in Lewisham with planning for six apartments
Land rear of Wisteria Road SE13 5HW
A vacant light industrial building extending to 3,455 sq ft (GIA) on a site of 0.9 acres has been placed on the market. The site has planning for a new build consisting of 6 apartments totalling 3,875 sq ft, and is located 0.5 miles to Hither Green Overground station and 0.8 miles to Lewisham DLR station. More
Development site in Muswell Hill with planning for six houses
Pembroke Road Muswell Hill N10 2NL
Gilmartin Ley are offering a dilapidated canteen building set on a 0.26 acre site, with planning permission for six 3 bedroom houses. Each house will have a GIA of 130 sq m (1,398 sq ft), 20 sq m terrace, a garden and parking. More
One acre site in Tottenham with planning permission for 76 apartments
The Roundway and Church Lane Tottenham N17 7AB
Kingsbury Stone are offering a one acre site comprising light industrial units, with planning for a new building comprising 76 residential units totalling 50,666 sq ft (NIA) and 2 commercial units totalling 5,716 sq ft (NIA). The site is located in Tottenham N17 and is situated 0.6 miles to Bruce Grove Overground station. More
Bank Rate increased to 3.5%
December 15, 2022
15 December 2022
At the December meeting of the Bank of England's Monetary Policy Committee the members voted 6-3 to increase the Bank Rate by 0.5% to 3.5%. Two members preferred to keep rates at 3% and one member preferred to increase the rate to 3.75%. More
Updated plans are approved for the new Museum of London at Smithfield
November 22, 2022
22 November 2022 The City of London Corporation have approved plans from the Museum of London to create a world class cultural destination within the historic buildings in West Smithfield. The museum will be rebranded The London Museum. More
Building with planning to add four storeys to create 15 additional apartments in Bermondsey
St James Street Bermondsey SE1
Opportunity to add four storeys on to an existing building comprising 34 apartments, sold off on long leases. The additional space would create 15 apartments totalling 10,372 sq ft. More
Bank Rate increased to 3%
November 3, 2022
3 November 2022
The Bank of England's Monetary Policy Committee voted 7-2 to increase interest rates by 0.75% to 3%. One member preferred to increase the rate by 0.5% and one by 0.25%. More
Single storey office building in Hornsey with development potential subject to planning
Tottenham Lane London N8
Kingsbury Stone are offering a single storey office building extending to 5,315 sq ft on a 0.19 acre site on Tottenham Lane, N8. The building is located 500 ft to Hornsey train station and is suitable as an investment or has development potential subject to planning. More
Planning approval granted for 30 Minories EC3 office scheme with new archaeological centre
August 13, 2022
26 January 2024 The City of London Corporation has approved a 14,000 sq m office scheme incorporating landscaped terraces and urban greening at 30 Minories EC3N in the east of the City, replacing a postwar building. A Victorian warehouse building known as 'Writers' House', will be retained and repurposed as a community hub featuring an archaeological and cultural centre, along with retail space and affordable workspaces above. More
WilkinsonEyre designed ten storey building for Holborn Circus approved
July 1, 2022
1 July 2022
The City of London Corporation have approved a 10 storey 12,102 sq ft office building at 3-4 Holborn Circus EC1. The building is designed by WilkinsonEyre architects for Evan Randall Investors and features retail at ground floor, a pocket park and a BREEAM pre-assessment rating of 'outstanding'. More
Vacant former church building in Catford SE6
Wildfell Road Catford London SE6
Kingsbury Stone are seeking offers in excess of £725,000 for a freehold former church building situated within walking distance of Catford train station. The building in Catford SE6 extends to 3,480 sq ft with potential for alternative use or development subject to planning. More
Former garage block in Islington N7 with planning for six houses and one apartment
Parkhurst Mews, Warlters Road Islington N7
Planning permission has been granted to redevelop a garage block on a 0.22 acre site, to create a mews style development of six house and one apartment totalling 6,889 sq ft. Kingsbury Stone are inviting offers in excess of £1.5 for the freehold. More
City of London removes automatic right to convert offices to residential
March 8, 2022
8 March 2022
The City of London Corporation has obtained an Article 4 Direction removing the development right to convert offices to residential in the 'Square Mile' from the 1st of August 2022. More
Former MOT testing centre in Wembley with planning for 22 residential units
Harrow Road Wembley HA0 Planning permission has been granted for a six storey new build scheme to provide 22 apartments over 16,775 sq ft and a 2,273 sq ft commercial unit. The 0.16 acre former MOT testing centre is located 0.2m from Sudbury Town station. More
Grade II listed Finsbury Circus Gardens to be transformed with ‘urban forest’ and pavilion café
February 11, 2022
11 March 2022
Plans to transform London's oldest public park, Finsbury Circus Gardens, have been approved by the City of London Corporation. The scheme is designed by Architecture00 + Studio Weave and includes an 'urban forest' and a 100 capacity pavilion café built of low carbon concrete and Portland stone. More
Car park in Borehamwood with planning for a new build with four apartments
Shenley Road Borehamwood WD6
A car park in Borehamwood town centre with planning permission for a new residential building is on the market with Kingsbury Stone. The building would comprise one 1 bedroom apartment and three 2 bedroom apartments, extending to 3,061 sq ft. More
Three storey live/work building with planning for a new build of 137 apartments in SE8
Scott House Grove Street SE8 A 0.23 acre site with 19 live/work units is situated in SE8, less than a mile from Surrey Quays and Deptford trains stations. Planning permission has been granted for the construction of a new 27 storey building on the site, comprising 137 apartments over 96,521 sq ft and commercial space totalling 10,161 sq ft. More
