Summer 2019 market news

Summer is here and boats are out on the Thames in abundance, indeed everyone is enjoying river living at its best. At Waterview we have increasing numbers of people talking to us about finding their next home on the river or one of London’s many waterways.

‘We are having a record year, despite what others are saying in the press’ says Soren Ravaux, Sales Director at Waterview. ‘Riverside buyers are looking for an idyllic lifestyle and, for them, it is very much an emotional purchase. Now that the sun is shining these buyers are out in force and jumping on their dream property as soon as they find it. In particular the larger £1,000,000+ properties are selling well, but there is strong demand for all types of property along the river. We have buyers looking for a house or houseboat, mansion or island, and everything in between!’

Our lettings team are equally busy, with tenants wanting to secure a riverside escape. ‘We have high demand from singles, couples and many corporate tenants wanting the peaceful tranquility of being by the water’ says Lucy Collier, Lettings Manager at Waterview. ‘It’s the time of year when being on or near the water is an enticing prospect, and we are really seeing that desire as enquiry levels increase. We have recently let a house on Garricks Ait in Hampton which has boat access only and a beautiful three bedroom home overlooking Penton Hook Lock in Staines Upon Thames.’

Further downstream, some highlights currently available include a wonderful penthouse apartment with large roof terrace in the Candlemakers development in Battersea for £2,450,000; Matrix Island, a 5,000 sq. ft luxury houseboat moored at St Katharine Docks at £3,500,000 and an apartment in Dollar Bay Place with great views across Canary Wharf for £900,000. Lettings properties include a 21st floor apartment in South Bank Tower for £1,500pw and a superbly located apartment in Wapping’s Free Trade Wharf, interior designed and curated by AMR Studio, for £625pw.

Waterview has been successfully selling and letting property all along the River Thames for over 25 years and we have built up extensive knowledge about how the highly specialised river market operates. If you are thinking of selling or letting your riverside property, please get in touch with the experts at your local Waterview office to arrange a free market appraisal.

Quick Search