Press Release: Boat Race view adds a premium – but the river is the real star
Wednesday, 31 March 2010
House-hunters can expect to pay a premium for a Thameside view, but buyers need not push the boat out to afford a ringside seat of the boat race.
According to Marsh & Parsons’ Barnes office, riverside properties along the Boat Race course are significantly more expensive. A three-bedroom house in Barnes Village will cost around £650-850k, but a similar property on the river has just sold for £1.375m. Amongst the most expensive locations along the Boat Race course are Upper Mall (W6), where the average home is worth in excess of £1.5 million, and Embankment (SW15), overlooking the starting point of the race at Putney Bridge (where the value of a typical property is close to £1.4 million).
But there are more affordable alternatives. Marsh & Parsons has a three-bedroom apartment for sale on Holyport Road in Fulham (SW6) in a riverside development, on the market at £410,000. And for £749,950, a three-bedroom apartment in Riverview Gardens in Barnes is for sale, with stunning views of the river.
http://www.marshandparsons.co.uk/flat-for-sale-in-barnes/riverview-gardens-london-sw13/property-details/bar100055/
Peter Rollings, Managing Director of Marsh & Parsons said: “The Boat Race only lasts for 20 minutes a year, so it’s not going to add a huge sum to the value of your property. But having a riverside view in a desirable location along the Boat Race course certainly commands a premium.”
For a prime view of the finish line, Marsh & Parsons offers a unique four-bedroom modern property on the river Thames in Mortlake, for sale at £1,595,000.
"The spectacular panoramic views of the Thames from this house’s private roof terrace will be a big draw to buyers – not to mention the excitement of a grandstand finale in the Boat Race."
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For further information please contact:
The Wriglesworth Consultancy Tom Urpeth / James Staunton 0207 427 1400
Marsh & Parsons has been part of the London property scene since 1856. The sales and lettings agent has 14 offices situated in prime positions across central, west and south London. They have an intimate and extensive knowledge of the area.
Marsh & Parsons are an independent and professional firm with a 'can-do' attitude covering all aspects of residential property. They aim to establish individual relationships with clients through a business built on energy, agility, professionalism and knowledge. Their business aim is to be the agent who not only understands the local area around their offices better than any other agent, but also to be at the heart of the community.
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