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Evening Standard
Evening Standard
Business
Emma Magnus

January sales: London homes with hefty price cuts or cash incentives for buyers

Four homes with price reductions or financial incentives to buy

(Picture: ES Composite)

January equals one thing: sales. And there are property deals to be found too, if you look hard enough.

From a new build offering £5,000 towards buying fees to a Grade II-listed house with a £2 million price cut, here are nine London properties with reductions or offering financial incentives for buyers.

Hendon, NW4

Cheyne Walk, £1 million

Cheyne Walk, Hendon (Rightmove)

Four-bedroom, 1,834-sq ft detached house with an entire ground floor for entertaining and a granny annex in the garden. Originally priced at £1.395 million.

Douglas Martin, 020 8545 8586.

Kensal Rise, NW10

Burrows Road, £500,000

Burrows Road, Kensal Rise (Rightmove)

For sale by Modern Method of Auction, this 983-sq ft maisonette was listed in June at £775,000 — £275,000 more than it costs today. It has three bedrooms, with a gallery loft conversion and high vaulted ceiling.

Warwick Estate Agents, 020 8166 1767.

Wimbledon, SW17

The Switch, £133,750 (25 per cent share)

The Switch, Wimbledom (Catalyst)

Available through shared ownership, two-bedroom, 748-sq ft apartments at this new development come with a year’s paid service charge, equivalent to £3,000. They have open plan living space, balconies, floor-to-ceiling fitted wardrobes and secure bike storage.

Catalyst, 02081311028.

Brixton Hill, SW2

Holmewood Road, £895,000

Holmewood Road, Brixton Hill (Marlowe Estates)

This five-bedroom period property has seen a price reduction of £305,000 since it was originally listed in August. Covering 1,936 sq ft, it has two bathrooms, two reception rooms, a large kitchen diner and a garden.

Marlowe Estates, 02036410813.

Bromley, BR1

Lewes Road, £400,000

Lewes Road, Bromley (Rightmove)

A four-bedroom, 1,318-sq ft terraced house converted from two flats with a price cut of £150,000 since first listed. Marketed as an investment property and available to cash buyers only.

Coady Phillips, 020 3478 3304.

Battersea, SW11

Frere Street, £1.095 million

Frere Street, Battersea (Rightmove)

Close to Battersea Park, this four-bedroom period property has been extended to create a larger, lighter kitchen. Its price has been cut by £305,000 since last year, with £50,000 knocked off just last week.

John D Wood & Co, 020 3463 0479.

Chelsea, SW6

Westermans Quay, £650,000

Westermans Quay, Chelsea (London House)

This two-bedroom, 858 sq ft apartment overlooking the Thames has been reduced by £350,000 since June. It comes with a private terrace, open plan living space and landscaped communal gardens.

London House, 020 7486 9665.

Walthamstow, E17

The Chain, £120,000 (25 per cent share) or £480,000 (outright)

The Chain, Walthamstow (L&Q Homes)

L&Q Homes are offering up to £5,000 towards buying costs for two-bedroom apartments in this new development. Flats come with private outdoor space, landscaped communal gardens and on-site concierge.

L&Q Homes, 02081897479.

Maida Vale, W9

Maida Vale, £5.25 million

Seven-bedroom house in Maida Vale (Foxtons)

A seven-bedroom, Grade II-listed house arranged over four storeys with front and rear gardens, wooden floors and feature fireplaces. It has been reduced by £2 million since March 2022.

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