Winter 2020 market news

Waterview has been successfully selling and letting property for over 25 years and has built up extensive knowledge about how the specialised river market operates.

'We have had a fantastic start to the year and have seen a change in attitude from buyers and sellers who are now making firm plans to move in the year ahead,' says Soren Ravaux, Sales Director at Waterview. 'There has been a noticeable increase in terms of buyer registrations and also new properties coming on to the market for sale, all along the river. We have just agreed the sale of a property on Towpath, Shepperton, which received multiple bids and achieved the highest price ever on that particular stretch of river. We also recently agreed an excellent price for an apartment in the Parliament View building located on Albert Embankment in Vauxhall. Much to our client’s delight, this property sold extremely quickly as it is in a convenient location with a world-class view.’

‘The connection between Waterview and Dexters, enables us to benefit from enquiries generated in 27 offices along the river,’ continues Soren. ‘We have noticed demand for larger riverside properties is increasing, whether houses or apartments. Our advice to buyers would be to avoid delay when an opportunity arises, as riverside houses rarely change hands. A recent sale was the first time this particular property had come to the market for 18 years. If you see a property you like, spring into action as it may be a while before something similar comes up again.'

The lettings market on the river is also lively ‘We have been busier than ever with a record start to the year and our busiest months are yet to come,' says Sonia De Abreu, Lettings Director at Waterview, Kingston. ‘There has been an increase in applicants looking to rent since the general election and we expect this trend to continue. We are also seeing more long term tenancies, as competition for the right properties is high.’

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 valuation.

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