Our client is an English expat living in Hong Kong. He wanted to invest in a two bedroom property in London which could possibly be used by the family for holidays. So, it needed to be very central and in a safe area.
Of course, there are no shortage of two bedroom apartments in prime central London. Unfortunately, buyers all too often make the mistake of looking at just 15-20 properties and then choosing one, but do you think that undertaking such minimal research will mean that you will acquire the best property your money can buy?
We spoke to over 120 estate agents every week for 4 months as well as our list of over 500 off-market contacts before we found the right opportunity. An extremely nice two bedroom, two bathroom apartment with high ceilings and a lift in one of the most sought after streets which also has views over and access to a very pretty communal garden.
The seller had acquired the property just two years before but had decided that it was not suitable for her requirements and so wanted a quick transaction. Consequently, we were able to negotiate a favourable price which was 25% less than the owner had paid just two years before.
This shows the importance of being in the right place at the right time. Of course, some people do get lucky, but a more reliable strategy is to have total market coverage combined with persistence and patience, because you must remain selective.
If you would like to acquire the best property your money can buy and negotiate the lowest price possible, there are several tested and proven strategies & tactics you must use. To discover the ones that will work for you, you can request a complimentary Strategy Call by clicking here or calling 02034578855 (+442034578855 from outside the UK).