3 Reasons to Buy Central London Property

Properties in Central London are some of the best investments you can make to diversify your portfolio. The properties range from elegant and upscale flats for sale to smaller apartments and houses. You don’t have to be British in order to buy a house in London. In fact, a majority of real estate investors in the city are foreigners. Here are just some of the reasons why you should buy a property in Central London.

1. Gain instant status and prestige. Living in a Central London home gives you instant status. Properties in Central London are known to be elegant and expensive; and not everyone can afford a flat here. Buying a Central London property (especially if it is in a prime residential area) announces to the world that you are financially successful.
   
   
2. Own a piece of history. London is known to respect historic architecture. This is the best city in the world to buy an investment property if you value architectural heritage. Don’t worry; these old buildings are in great condition. Many historic Central London apartments and homes have been upgraded with modern amenities and conveniences.
   
   
3. Enjoy a prime location. Being in Central London puts you closer to everything that the city has to offer, from historical attractions to shopping centres, the best restaurants, and the business district. Living in a Central London property also makes it easier to get around. You are close to major transportation hubs, including bus stations and the tube.

If you are interested in buying a Central London property, you need to work with certified London estate agents who specialise in residential properties that are for sale in that area.  Work with an experienced residential sales team to get a realistic appraisal that takes into account existing market conditions. This ensures that you can buy a property at an excellent value.

Housekeeping Services for Rental Flats in London

Good housekeeping can save you a great deal of time and keep your rental flat in tip top shape every time despite your busy schedule. Many short term rentals do provide housekeeping services for rentals, but you might have to recruit your own cleaning crew for when renting an apartment for significantly long periods. Reputable housekeeping services also serve as a home owner's eyes and ears, allowing them to keep their peace of mind about the condition of the rental even when other people or another family is residing in their beloved second home. When looking for good housekeeping services, it is best to talk to other home owners in the area and ask for recommendations for trustworthy and professional housekeepers along with maintenance people to keep your home. Contrary to popular belief, other rental owners are not your enemies. They may be fierce competitors in the market, but they can also be your best resource when it comes to agents, housekeeping services, and other related services that you might need to properly maintain your rental.

It is best to know your repairmen and housekeepers personally so as to establish a good working relationship with them. This is especially important when you barely have time to check in on your property for months at a time. You may also leave this responsibility with your property manager or agent, but make sure you are able to find a good company with a strong reputation in the industry. Don't forget to cast your net for referrals from your local network and consider hiring a service that can customize their services for your property's unique cleaning and maintenance requirements. It is also important to perform due diligence when it comes to checking for licenses, insurance, and bonds for the service you are about to hire.

Dream or Reality: Flats to Rent in Central London

Living in Central London is a status symbol because it is currently the realm of the world's wealthiest. The prices of homes here have risen in the previous years, and property prices are the highest in history. You need to earn millions or billions a year to be able to afford one in prime addresses like Carlton House Terrace and in districts like Knightsbridge, Belgravia, and Mayfair.

But don’t let news may dampen your dream of living in Central London. If you search carefully, have enough patience, and get help from a qualified real estate agent who specialises in Central London properties, you might be able to find a luxurious flat to rent at a reasonably affordable price.

Home House Estates is a good place to start looking for a reasonably priced flat to rent. One of our properties you can rent is on Moscow Road. Windsor Court has a spacious and newly refurbished flat on the fifth floor, which you can easily access with a lift. There are four bedrooms, a comfortable breakfast room with a kitchen, a family bathroom, a large reception room, and an en-suite shower room with a separate cloakroom and WC. Windsor Court is in the heart of Bayswater / Queensway, within walking distance of Hyde Park and the tube stations.

Another property that you could consider is the large two double bedroom flat in Earl's Court, which is near Central London. It has high ceilings and two separate outdoor spaces. The property is close to Old Brompton Road and the amenities in Earls Court Road. The property has its own direct lift access for more exclusivity.

If you see a flat that you like in Central London, be sure to make arrangements for an early viewing to prevent disappointment. If you can afford it and it's perfect for your needs, then go for it before someone else takes it.

A View on Real Estates in London

A study recently revealed that London's real estate market is currently at its most expensive. Huntly Hooper, a real estate agency, stated that central London has approximately $27 billion in properties, with 14 apartments and houses priced between $80 million and $400 million. It is possible that the value of those homes could be even higher. Peter Wetherell (Managing director of Wetherell) thinks that this trend is due to the exponential growth in the financial buying power of 5% of the world's wealthiest. They are able to purchase companies and assets at discounted prices, and started to benefit when the global market recovered. According to David Adams of John Taylor estate agents, homes that are priced £50 million and above can be found in three districts: Mayfair, Knightsbridge, and Belgravia. There are areas in Kensington and the prime street of North London (Avenue Road, St. John's Wood and Bishop's Avenue, Hampstead) commanding that price, as well as some large properties in Cornwall Terrace, Regent's Park and One Hyde Park, Knightsbridge.

Central London properties continue to be excellent long-term investments, but they certainly seem to be reserved only for the world's wealthiest. Properties turn into a global reserve currency; rich people pay for them and expect a 10% yearly return.

The good news is that you don't have to be filthy rich to live in London.  Britain's Office for National Statistics shared that the prices of properties in surrounding suburbs only rose 2.6% and remain to be affordable. The farther you go from Central London, the lower the prices should be. With a qualified real estate agent, you might find a reasonably priced apartment for rent or for sale in some of the city's best areas—not necessarily in central London, but just a few minutes away.

Central London Flats Are Available For Sale – Book Now

If you're looking for a flat in Central London, now may be the best time to book with a professional real estate agent who specialises in selling Central London properties, making it easy for you to find and buy the residential property of your dreams. Working with a real estate agency keeps you updated with listings of lettings and properties that are located in the city's prime postcodes and addresses, and are ready for the purchase or occupancy.

Some of the flats that you can find in Central London are in historic and established properties, but there are newly-built residential units, investment properties, and super-prime units. A good real estate agent has insider information, unrivalled knowledge, and unmatched competency when it comes to finding the right property for your budget and personal needs.

Many of these properties are within easy reach of offices, businesses, tourist attractions, shopping, dining, and nightlife establishments. They are easily accessible through London's public transportation system, whether you're taking the Tube or commuting by bus. The properties are guaranteed to be in good condition, so you can easily move and settle in with your own furniture.

There are flats that are available for lease, too.  These properties range from one to two-bedroom apartments. The rates may change per week if you're still looking, but in general, if it costs £100 to £150 per week once you moved in, then it's a steal. Still, be sure that the property is in good condition with perks like a kitchen, a laundry facility, and a living room, and that the property itself is in a safe neighbourhood. Browsing by postcode should be a good start to ensure that you can find the property in a good Central London neighbourhood.

Central London properties are always in demand, but a good real estate agency can give you first dibs on prime properties while keeping your best interests in mind. You'll appreciate the personalised touch that professional real estate agents can provide for you while you're shopping for properties in the heart of the city. Choose a reputable real estate agency like Home House Estates to avoid fraudulent websites and listings that can waste your time and money.