Watch the boat race from your own two-bed flat (for #1.25m)
Fri 25 Mar 2016
Struggling for ideas on where to get a good view of tomorrow's Oxford-Cambridge boat race?
City A.M.'s guide to the 162nd race might be useful. Alternatively, you could buy a property overlooking the route
in South West London.
But be warned: new research has found homebuyers in this area could face paying a 50 per cent premium for
views of the Thames river.
*Read more*: The best places to watch the boat race this weekend
According to estate agent Marsh and Parsons, a two-bedroom flat with views of the river in King Henrys Reach,
situated on the Middlesex side of the course on the approach to Hammersmith Bridge, is currently on the market
for 1,250,000 equivalent to 1,275 per square foot.
A comparative two-bedroom apartment in the same gated development with no Thames view is 825,000 -
425,000 less, meaning the view demands a 52 per cent premium.
*Read more*: This is how much more houses cost this year
Matthew Hodder-Williams, Marsh and Parsons associate director and sales manager in Bishops Park, said: "A
river view definitely comes with a considerable premium in this part of town, and properties with outstanding
views dont stay on the market for long."
Samuel Bide, Marsh and Parsons Sales Manager for Barnes, added: "As a general rule of thumb however, for a
river view in Barnes you can expect to pay 1,100 per sq. ft and for an apartment without that same appeal,
between 900 and 1000 per sq ft."