City of London Freehold Sold for 30% Above Guide

In a market which still has an abundance of potential purchasers chasing well-located investment and development deals, the importance of the correct marketing approach to the sale of a property cannot be overstated.

When we were asked to advise on the potential value of a freehold office building with planning permission to convert to residential use located directly opposite Liverpool Street station, our clients, Amsprop, already had numerous interested parties, but were keen to ensure they achieved best value and in a quick, hassle free process. 

Working with our client’s solicitors, we produced a comprehensive sales pack, and following 10 days of marketing 15 formal offers were received, with contracts being exchanged 5 days later at a price some 30% above our guide price and the level of previous offers. 

Kingsbury’s track record for the sale of investment and development properties across London and the South East is well-proven, and in most cases we are able to deliver an unconditional sale at best value within 20 working days of being instructed. If you would like to see how we can add value to your property, please contact a member of our team and put us to the test!

 



back to case studies
  • Sale
  • Sold for £1,650,000
  • 206-210 Bishopsgate London EC2M
  • Development
  • Investment
Summary
  • City of London investment opposite Liverpool St Station
  • Planning permission for conversion to 5 apartments
  • Contracts exchanged within a week of going to market
  • Final sale price in excess of guide price

Kingsbury have successfully advised me on various sales from property in the core City of London to various suburban London freeholds. They have always delivered excellent results.

Daniel Sugar

Amsprop