PRIME CENTRAL LONDON PROPERTY
Prime Central London property historically referred to property in the up-market areas surrounding Hyde Park in the boroughs of Kensington & Chelsea and Westminster. In recent years however the definition has been revised to include areas of St Johns Wood, South Bank and The City of London. Although definitions vary depending on the source, the term general refers to any prestigious property in the most desirable locations in central London.
Although the area has expanded, the main demand for Prime Central London property still focuses on the original established neighbourhoods surrounding Hyde Park. As a result of the limited supply in these areas, there is strong competition from buyers to purchase the most luxurious properties with the most prestigious addresses.
This Prime Central London is not only a fantastic place to live but Prime Central London Property also makes an excellent investment. The main risk usually associated with property as an asset class is poor liquidity in slower markets. The best strategy to offset this risk is to buy in areas of high demand with limited supply. Most owners and buyers of Prime Central London Property are typically more insulated from the effects of market conditions so the PCL market tends to be more resilient than others. This ensures demand is continually high so in turn, liquidity is always good.
It is estimated that as much as 40% of Prime Central London property is sold off-market in certain price bands. Having an experienced, connected and respected buying agent acting on your behalf is essential to fully access the Prime Central London property market. The Buying Agents have over 25 years’ experience in PCL. In this time have forged excellent relationships with selling agents and built a private network of industry contacts.
Please contact The Buying Agents for further information on buying Prime Central London Property.