Think laterally for a prime investment

Research from Prime Central London estate agency, W.A.Ellis, shows that on average, there is a 35% price difference between lateral flats and houses, with the former often selling at a premium – an average of £3,600 per square foot, compared to an average of £2,200 per square foot for houses. Simon Godson, Partner at Prime Central London estate agency, W.A.Ellis, explains: “Lateral flats rarely come onto the market which is why they command such a premium. Interest in these flats is primarily driven by overseas buyers, who notoriously dislike stairs and the four or five floors that our houses generally have; they prefer to have the accommodation all on one or two levels. Interestingly, our research shows that 70% of lateral flats sold since January 2012 were on the first floor, which of course, offer rooms with spectacular ceiling heights and the most voluminous room sizes which are hard to match ...

Post office branches in Kensington and Chelsea launch new pre-paid service for SMEs

Business Features

Drop & Go offers fast track service for local businesses Nine Post Office branches in the Kensington and Chelsea area have launched Drop & Go, a new service that allows business customers and internet power sellers to use a fast track pre-paid card to send their mail. The new Drop & Go service offers an efficient mailing option for small, local businesses that regularly spend more than £20 a week on postage. Small business customers in ...

The value of a parent

Business Features

One of the most under purchased products in the financial advisers arsenal is protection insurance. It is hardly surprising, pure protection insurance is cheap (so the commission is poor), there is no benefit to the person purchasing (since they are protecting their dependents not them) and the best insurance is like household or car insurance i.e. if you don’t claim you don’t get anything back. For anyone with dependents a rule of ...

The Sky's the limit

Business Features

Through 2012 at W.A.Ellis we saw a growing trend of clients choosing to refurbish property over moving. Significantly reduced construction costs together with the increases in stamp duty mean there has seldom been a better time to renovate, convert, extend and remodel and with the whole mix of property services under one roof in Knightsbridge, our refurbishment team has never seen a year like it. While 2011 saw the ground breaking ...