Summer 2020 market news

Summer has arrived and buyers and tenants who enjoy an idyllic London lifestyle up and down the river are diving in where they see good value, location or both.

'We’re seeing an incredibly buoyant sales market at the moment,' says Soren Ravaux, Sales Director at Waterview. 'We have fantastic properties coming to the market and they’re being sold within a very short space of time. For example I was instructed on a property in East Molesey on Monday, by Monday evening the team had generated 17 viewings for the following day prior to the property going live on our website. We received multiple offers and the property sold well in excess of the asking price,' says Soren. 'People buy their dream homes through us and we advise those out looking not to wait around, if you like what you see, jump in quickly. With many people realising they can work from home, buyers have shifted their focus onto investing in their quality of life and that means living on the river.'

'The lettings market along the river is much more active this year than last year,' says Bobby Coshall, Lettings Manager at Waterview London Bridge. 'Now is a great time to let your property, the number of applicants registering have increased dramatically in recent weeks,' says Bobby. 'It seems tenants are focusing more on wellbeing and are upsizing/downsizing in equal measures all along the river. In particular, they are looking for outside space from a balcony to a roof terrace or access to large open spaces. Our instruction numbers are nearly double our busy summer market rush, this is due to a handful of people moving towards the city for a shorter commute and those moving upstream away from the city now they are able to work from home.'

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. Working in partnership with Dexters, London’s leading independent Estate Agent with 70 offices across the capital including 25 covering the Thames, allows us to showcase our properties to buyers and tenants the world over.

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.

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