Residential Land support a Powered Wheelchair Programme through “the PROPS” Lunch in May, 2014

Residential Land was delighted to attend the 23rd PROPS Awards held at the Hilton Park Lane in May.  This prestigious annual event is organised by Variety Club for the very best in the property sector.  It was a wonderful afternoon raising over £300,000 to support the charity and especially the Variety Wheelchair programme.

For the second year the event was hosted by Martin Bayfield, a long-time supporter of the charity. He lent a cool and calm charm to proceedings, effortlessly taking a more comedic tone when required.  He was assisted by Miss World 2014, Megan Young, who helped him to present awards to the lucky winners.  Alongside the 800 property professionals in attendance were ambassadors Megan Wood and Freya Levy, both Team GB Paralympic basketball hopefuls whose wheelchairs are provided by the Variety Club.

Residential Land’s donation to the charity has been spent on a “Salsa-Midi” powered wheelchair for 10 years old Ellis Cull from Kent. Ellis’ family have explained the difference the wheelchair has made to their lives; “Having this powered wheelchair means a lot to us, as now we can enjoy more time together outside. Ellis already enjoyed couple of trips to the river and his first trip to a hockey game. All this is just a beginning”.

 

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What should I consider when renting a commercial unit?

 

Sibel Osman - Comercial Consultant

Sibel Osman – Comercial Consultant

 

There are a few areas of focus here, the main being location and demand for your type of business in that location.

It is very important to know you’re demographic in order to ensure that you are trading in an area that will work for your business. Research the area, other retail outlets and footfall to get an understanding of what current trade is like before committing. Often what we may think is a great area to live in, may not necessarily be the perfect area for a business, as the considerations are different.

The ‘usage’ type of your business may affect where you locate, as not every site may permit every kind of business use, for example; some mixed use developments may not permit  A3 usage (restaurants, pubs, cafes etc) due to the ventilation factor in order to eliminate food smells that may affect the residential units above.

Once you have established a desired area and researched its compatibility to your business in every way, your search for a retail unit can start. This process is much like the one you would apply for a residential research; the differences begin again at point of agreeing the terms.

The lease term, rent review and rent increases, Tenant improvements, sub leases and assignments, service charges, insurance contributions, business rates, size of unit and ITZA are all areas of discussion from the onset. Ensure you have a clear understanding of what you are signing up for, what is required of you and what your legal obligations are as a retail tenant.

Most retail leases are long term and may have an upward only rent review which means the rent can never go down. Therefore it is imperative to make informed decisions and do your number crunching before signing on the dotted line.

Residential Land become a Norwood patron

Charity has always been regarded as the act of selflessness designed to up heal the less privileged.

Residential Land is delighted to have the chance of donating generously for people who need our attention and care. We were recently put on the list of patrons by Norwood’s charity. We have been generous sponsors of Norwood for almost a decade and think of it as an honour to be able to help educate children. What’s important for us, is knowing that we are being beneficial to our society.

Norwood has been a leading charity for many years helping people who are in dire need of assistance. The charity’s services include providing education to children with learning disabilities and supporting people who lack the necessary facilities at home. Residential Land believes strongly in caring for the people, so that everyone is taken care of.

Our donations to Norwood started in 2006 and our strong resolve continues to grow even more. Providing education and family support to the children who have learning disabilities is a commendable task and ever since we heard about it we wanted to be a part of it. We proudly support a large number of charities and take part in charitable works because we believe it is important for an organisation to help the society they operate in. We are especially proud of being named on the Patrons list at Norwood because this is testament that we have been a helping hand to a charity that provides the best facilities to children and their families.

For more information on this charity please visit: http://www.norwood.org.ukNorwood-Logo-online

What is attracting buyers and tenants to Mayfair?

Residential Land423

Louise Savage
Sales & Marketing Director

In recent years Mayfair has become a hotspot for residential property.  With its wealth of restaurants and high end shops, as well as green open spaces on its doorstep, it is an obvious choice for a central London base, to rival that of Belgravia and Knightsbridge.  Many of the properties front traditional garden squares or are located in quiet mews streets, offering residents discretion and privacy amongst the hustle and bustle of Mayfair.

Additionally, there are simple and fast transport links to the city and canary wharf, further improved by the implementation of Crossrail, which will reduce the journey time from Bond Street to Liverpool Street to just seven minutes and from Bond Street to Heathrow in 29 minutes. Mayfair is host to a number of tube stations including Bond Street and Green Park and provides bus routes to all areas of London. Mayfair also provides residents easy access to all the major road ways, including the A4 towards Heathrow for those travelling by car.

A great example of a property to rent in Mayfair is Grosvenor Hill, a 1,760 square foot duplex apartment situated just behind Berkeley Square. Renting or buying in Mayfair is a lifestyle choice where residents expect the highest level of design, finish and technology to suit the needs for their central London base.

In the heart of Mayfair lies Mount Street, where tradition and fashion are combined. Hosting some of the world’s most well-known fashion brands as well as a number of high end restaurants, including private members club The George and Scott’s, Mayfair is the destination of choice for luxury residential.

Welcome to Lexham Gardens

Stuart Birke Corporate Lettings Manager

Stuart Birke
Corporate Lettings Manager

We are excited to be bringing to the rental market a block of fourteen residential apartments located in stunning Lexham Gardens.  The property is set across two stucco fronted period buildings benefitting from a lift and various areas of outside space.  The apartments have recently been refurbished to provide light and bright accommodation, many with high ceilings and original features.  There are a selection of studio, two and three bedroom apartments available to rent with asking prices starting from £350 per week for a studio, £600 per week for two bedrooms and £900 per week for three bedrooms.
Lexham Gardens is located moments from Kensington High Street with its array or high end boutiques, restaurants and bars.  Kensington High Street underground station (District and Circle Lines) is just a short walk away as is Gloucester Road underground station (Piccadilly Line).

 

As with all Residential Land properties these apartments are available to rent either furnished or unfurnished and on flexible tenancy terms.  By renting via Residential Land you will be dealing directly with us as the landlord of the property; we pride ourselves on offering great service to all of our tenants, we do not charge referencing fee’s and each building is looked after by one of our dedicated lettings team who can assist you throughout the moving process.

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What specification should I focus on while renovating my flat to suit corporate tenants?

To start, establish a budget based on your market expectation and location. Work out your priorities: What is the level of renovations required, are there structural works to be done and do you need professional consultants on board such as architects, structural engineers or designers. I advise not to cut corners on the infrastructure of your property. A good boiler and heating system is important for the long-term use of both letting it and maintenance. Areas such as bathrooms, kitchens and flooring are all key to the success of the property and should be priority investments. When selecting any of these items, focus on quality and life expectancy.

 

Tessa Ferguson Senior Design Consultant

Tessa Ferguson
Senior Design Consultant

Kitchen: Stone worktops, quality appliances and buying the best you can afford will be an investment both for letting and long-term capital investment. Choose a kitchen design that doesn’t date too quickly and suits the overall design of the apartment.

Bathroom: Stone or porcelain for floors and walls, to create a stylish and classical look, will be attractive to a majority. Underfloor heating, heated towel rails and de-misting mirrors are extras that add to the appeal of the flat.Beautiful taps add personality and appeal to the overall bathroom design.

Flooring: I’d advise using engineered timber for flooring, never laminates, and decent Wiltons carpets.

Lighting is also key to enhancing the ambience of a property. If your budget will stretch to it, a good lighting system with mood-enhancing controls are features which will demonstrate a premium property.

Tenants expect full Wi-Fi throughout and TV points in key areas such as reception rooms and master bedroom. Ensure that bedrooms have easily-accessible power points. Particularly with foreign markets in mind, consider
air-conditioning within your specification.

Join us at RESI 2014

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Residential Land is once again looking forward to being Platinum Sponsors of the RESI event, which is being held at Celtic Manor resort in Newport, South Wales from the 10th to the 12th September 2014.

As our CEO, Bruce Ritchie comments: “RESI is an extremely important event on the residential property calendar. It is a platform to meet with leaders in the field and to discuss current industry ideas. It also creates an informal forum for property professionals to network and discuss residential opportunities with colleagues and peers in the industry.”

We look forward to welcoming you to the Platinum Lounge where we will be serving sushi during the lunchtime session of the conference and pre gala dinner drinks from 5:30pm. Our CEO, Bruce Ritchie and the acquisition team of Emma Whitby-Smith, Paul Sennett and Sibel Osman would be delighted to discuss any opportunities with you.

Additionally, come and listen to Bruce Ritchie chairing the panel session “What do investors want and what are they actually doing” from midday on Thursday to get an insight in to the topics currently at the top of the agenda in the residential investment market.

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Anthony Quin completes 3rd JLL Property Triathlon

Congratulations to our Head of Management and Surveying Anthony Quin who took part in this year’s JLL Property Triathlon on Friday 4th July 2014 at Dorney Lake. For those that are not familiar with this event, it is one of the UK’s largest triathlons, co-sponsored by estates gazette and coordinated by Human Race. The event has raised over £1.1 million to date to many deserving charities and this year the money raised will go to the Samaritans. Comprising a 750m swim, 21km cycle and a 5km run, the event attracts many involved in the property industry to race as an individual or as a team of three.

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One for the boys

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On the 15th of June Residential Land was honoured to attend the ‘One for the Boys’ Fashion Ball. One for the boys is an charity founded by Sofia Davis as a tribute to a friend’s brother who lost his battle with cancer.

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Residential Land host drinks reception on 10th June at one of their new properties on the Fulham Road

Please join us for drinks and canapes at Flat 42 Pelham Court, 145 Fulham Road!

stuart---pelham-court

Pelham Court is one of the most recent acquisition which we are offering to the rental market. It provides a selection of stunning apartments perfectly located within the heart of Chelsea. This period building offers many features associated with a Chelsea lifestyle, including an onsite porter and private communal gardens. The property is just moments from the fashionable restaurants of South Kensington, Knightsbridge, and Sloane Square/ Kings Road. The area is a hive of local activity with museums and all the best designer shops just a stones throw away. Transport links are numerous making this a superb central London base.

The building offers light, bright, quiet spacious modern living accommodation while maintaining many period features. The apartments are set over 5 floors and are accessed via lift and are available on flexible terms furnished or unfurnished. We have a number of apartments available ranging from studio to 2 bedrooms.

Flat 42, Pelham Place - External (1)

Flat 42, Pelham Place - Bedroom (2)