THE HIGHEST AMOUNT OF PROPERTY UNDER OFFER WITH A LOW VOLUME OF
PRIME HOUSES AND FLATS CURRENTLY FOR SALE IN THE MAYFAIR AREA
£40m Sold in 3rd Qtr
40% Under Offer 4th Qtr
Mayfair continues to show its revival as one of London's prime residential areas. Currently there are only 90 properties for sale and of these nearly 40% are under offer. 39 properties sold in the last quarter on an asking value of £40 million.
Wetherell's latest "Survey of Mayfair Property" for the third quarter highlights various trends in the market since our last report.
Mount Street Popularity
£750,000 - £1 million
Mayfair's Top End
Minimus and Maximus
Value for Money
OFFICE TO FLATS
Wetherell have recently been involved in the sale and acquisition of two former office buildings to revert back to their original residential use as houses, flats and maisonettes in 1998. Since 1991 Wetherell have sold 55 Mayfair buildings, all back to residential use, recreating "The Village of Mayfair".
|UPPER GROSVENOR STREET W.1||
Three bedroom flat @ £400,000
1252 sq.ft. 2nd fl.Lift and porter.
|HILL STREET W.1||
Three bedroom flat @ £675,000
2091 sq.ft. Modern. Car parking
|LEES PLACE W.1||
Character Corner House @ £750,000
|PARK LANE W.1||
Magnificent Maisonette @ £1.5m
3410 sq.ft. Parking 2 cars.
|MOUNT STREET W.1||
2 Bedroom Flat @ £850 pw
Overlooking street. Very spacious
|OFF GROSVENOR SQUARE W.1||
3 Bedroom Apartment @ £925 pw
Two large terraces and garaging
|PARK STREET W.1||3 Bedroom House @ £1,350 pw||PARK STREET W.1||3 Bedroom maisonette @ £1,500 pw||PORTMAN SQUARE W.1||
Stunning 5 Bed Penthouse @ £3,500 pw
YOUR REQUIREMENT IS OUR BUSINESS
Please register your requirements so that we can contact you
ALL TYPES OF MAYFAIR PROPERTY REQUIRED
|No.17||102, Mount Street, Mayfair, London W1Y 5HF||OCTOBER 1997|