Residential Investments Sell Parkwood, St Edmund’s Terrace, St John’s Wood, London NW8 for £34m

Allsop’s residential team have completed on the sale of Parkwood, 19/22 St Edmund’s Terrace, St John’s Wood, London, NW8 for £34m on behalf of a client advised by Chancery St James plc. The property was purchased by a private investor.

 The freehold unbroken building, one of the largest and most high profile residential blocks to be sold this year comprises 21 self contained apartments, two town houses (33,983 sq ft) and a large underground gated car park.  The block was sold with vacant possession.

Adam Kerven, Associate Partner for Allsop comments “the combination of the global marketing strategy we deployed and the lack of quality residential assets of this size in Central London, resulted in competitive bidding which enabled us to drive value for our client.  The sale reflects the ongoing appeal of London’s prime residential investment market, especially to overseas investors.”

Notes to editor

Allsop is an independent property consultancy with a market-leading reputation for high quality service, integrity and innovation. Our success is built on over 100 years’ experience in commercial and residential property consultancy and sales.

Contact

To arrange an interview or for the supply high resolution images or further information please contact Jennifer Mortimer
Jennifer.mortimer@allsop.co.uk
020 7543 6728