Construction of two of London’s most iconic new developments, One Tower Bridge and South Bank Tower is now well under way. The addition of these landmark residential developments to the SE1 riverside, is another statement of the area’s ability to attract large amounts of overseas investment with prices being achieved to match many other established ‘prime London’ postcodes.
Lanterns Court is a breathtaking modern apartment complex that is located only moments’ walk from the Canary Wharf Estate. Designed by Squire and Partners, the development completed in late 2010 and offers a good mix of studios, one bedroom, two bedroom and three bedroom apartments. The development has proved to be an excellent purchase for […]
With the grand opening and laser show taking place earlier this month, the Shard’s impact on the London Bridge property market is now really beginning to be felt. Madley Property’s London Bridge Sales Team have had two apartments located on trendy Bermondsey Street, SE1 with stunning views of the Shard and London Skyline, which went to ‘sealed bids’ in the past two months.
The early days of winter usually lead to a steep decline in Lettings enquiries as Christmas and New Year approach and it’s only bargain hunting tenants braving the cold weather and dark nights in search of a new home. This has resulted in many landlords and good letting agents agreeing deals and contracts which insure properties will not become available within the months of November, December and early January therefore, avoiding the chance of having to accept a below market rent or a long void period because of the seasonal low.
Madley Property are proud to announce another successful let of a two bedroom apartment in the brand new Bermondsey Central development at a massive £540 per week! If you are due to complete on an apartment within the Bermondsey Central development in SE1 or if you would like to see how Madley Property could help you let your apartment in SE1, please contact us immediately. Madley Property are a specialist letting agent and estate agent located in London Bridge SE1 and are currently dealing with the letting and management of apartments within SE1, SE16, E14, E1, SW8 and SW11.
With the Central London lettings market in such strong form, some landlords are questioning the need to spend more money on fancy furniture packs when tenants seem to be so plentiful. Completion time can already be financially painful for landlords with completion funds, stamp duty, legal fees and agents fees to pay. In the short term, not choosing a good level of furniture can give what might appear to be a saving however, in the long run this can be a false economy for a number of reasons.
The 2012 Olympics are also now only just over 12 months away and the expected rental demand for the 60 day period is expected to be huge across London, but heavily concentrated in the Centre and to the East along the Jubilee line. The levels of rental income we are expecting to achieve will be between three and four times the normal rent for this period.
South Quay or the so called Millennium Quarter area of Docklands is still proving to be the biggest winner in the upturn in rental demand from both corporate and private tenants. With luxury new developments such as Pan Peninsula, Ability Place, Landmark and Discovery Dock setting the pace, many rents are up over 5% on 2010′s figures.
The St Andrews development in Bow E3 by Barratt Homes, is a large mixed regeneration development located off the A12 not far from the Olympic Park and has been completing in phases since mid 2010. The tenant demand for the development has been fantastic and Madley Property has been able to achieve some fantastic rental […]