Is a fixer-upper still worth buying?
As the price of renovations soars, many are languishing on the market. We do the maths to work out if you should put in the effort
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As the price of renovations soars, many are languishing on the market. We do the maths to work out if you should put in the effort
Jo Eccles is the founder and managing director of Eccord, which specialises in acquiring and managing residential properties in prime central London. For 17 years she has sourced and acquired prime and super prime properties on behalf of private individuals and families, and her firm also oversees £1.5bn of residential property on behalf of one-off and portfolio landlords.
The current property market is incredibly fragmented and there are lots of mixed messages, with certain reports and price indices showing price rises, others showing falls and some experts formally calling the bottom of the market.
Squeezed for space in prime real estate, developers are transforming corporate boardrooms, department stores and offices.
Minutes from Parliament at Westminster, 9 Millbank used to be the headquarters of Imperial Chemical Industries, formerly the largest manufacturer in Britain, which once made products such as the acrylic plastic Perspex. Now brokers are ushering high-net-worth clients, titans of industries and finance executives through the building to see apartments like one called the Gainsborough—listed for £18…