Branksome Park, Canford Cliffs & Coastal Poole Property Market Review

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Our latest property marketing insights are featured in the Summer issue of Pines and Chines magazine, the local Residents Association publication http://www.branksomepark.com

Local Property – hit by Stamp Duty (SDLT) ? – and what about apartments supply ?

Land Registry data for 2015 was not quite complete when we compiled this data on sales history across the local area. We think the 2015 figures below may have been be understated by about 8-10% (delay in registration of new title) but, even making a due allowance for that, what is clear is that, locally – mainly within BH13 and BH14 sub-codes 8 and parts of 9 – the market above £1.5 million – prime property -is ‘off’ by a substantial margin but that the market from £500,000 up to £1.5m is still healthy.

Price Category 2015 2014
BH13, BH14 8/9 No. of sales Value of Sales No. of sales Value of Sales
£ million £ million
> £2 million 18 £61.85 27 £88.38
> £1.5 million + 22 £37.99 29 £51.72
> £1.0 million + 54 £62.96 43 £52.39
> £750,000+ 72 £62.68 88 £74.07
> £500,000+ 153 £93.37 164 £100.93
> £200,000+ 337 £109.97 397 £129.84
TOTAL 656 £428.77 748

 

 £497.33

 

Increased rates of SDLT have applied for around a year now (leave aside the 2015 Autumn Statement – 3% premium for second home and buy-to-let investments – being introduced from April 2016). The implications are clearer, confirming the story of declining top end sales in London. There are still sales at the upper end. Indeed, 5 properties at prices in excess of £4 million during the second half of 2015, 4 of these paying SDLT of more than £500,000 – on top and out of taxed income (one other was a Company purchase, with lower SDLT).

So, let’s turn to apartments. It’s hard to believe but there are currently over 500 apartments in the planning pipeline (212 x 3 bed; 263 x 2 bed, plus 14 x 4 beds and 35 x 1 bed). While some of these are still only applications which may or may not achieve approval, over 400 units are already approved; and 200 of those are either completed but not yet sold or are currently under construction. There is, I suspect, a potential over-supply looming, despite the fact that not all the potential supply will be delivered. Bank lending policies will see to that.

Interestingly, while some of these new apartments are being designed specifically for the retirement market (Woodlands and Compton Acres in Canford Cliffs; The Landing in Lilliput, for example), there are several instances where existing nursing homes are being take out of commission and re-presented as new apartments, throughout the local area. The overall age demographics of the area may not currently be under threat. However, the cost of retiring here may be facing a sharp upward adjustment in prices.

The area continues to attract buyers and developers – for apartments – retirement and active alike; for houses – super homes and family homes; for diverse locations – coastal, village and sylvan. The attractions are still vital – seaside, beaches, harbour, sailing, golf, the adjacent countryside etc – and enduring. But both the Chancellor and developers, we all need to retain that lifestyle dynamic we all crave in perspective. The outcome of the forthcoming Brexit vote will deliver yet more impact on the local area without doubt.

Please contact Berkeleys today for more local market insights.

Living On A Liner

The liner has become the new fashionable place to be this year. It’s easy to see how the appeal of a holiday on a grand liner can translate into the desire for everyday liner luxury living. The ocean liner evokes images of grand design, luxury lifestyle and the exhilarating freshness of sea breezes. Indeed, the Queen was in Southampton only this month to name the rather magnificent new P&O cruise liner, The Britannia

Britannia

The Britannia

Tom Dixon has just masterminded the new interiors of the Mondrian Hotel London located within Sea Containers House and opening this summer. This former 1970s hotel has been given a new lease of life with decor and design conjuring up images of sailing on a gigantic 1920s cruise liner. Even the roof has been remodelled to echo the lines of a grand ship. The ocean liner was a defining influence on the 1920s and 1930s art deco and modernist architects of the period. 

Mondrian_Cover_Image

The ocean liner has also had a defining influence on the shape and architectural character of homes in coastal Poole, Dorset. A J Seal, the 1930s creator of the significant modernist buildings Harbour Court (below) nearby Conning Tower and FJB’s Harbour Heights Hotel is one of the area’s most celebrated local architects – these homes were also mentioned by Pevsner as ‘a brave and enterprising group of Early Modern buildings.’

Harbour Court echoes the shape of a grand 1920s liner with its flat roof, roof-top sun lounge and ‘stern deck-like’ balconies.

Harbour Court 6b

Berkeleys has just let the second floor apartment in Harbour Court. With sea glimpses, an expansive terrace for alfresco summer dining and close proximity to Sandbanks beaches, this is an ideal home for those searching for a long summer rental and regular weekend escapes to the coast. Priced at £1,295 per month (fee apply) it is probably a more affordable way to live in the spirit of a luxury cruise liner, and it can last a lot longer too.

Harbour Court 10

 

 

 

 

 

Sandbanks Family House To Rent – Long Lifestyle Let

Berkeleys Lettings is seeing growing demand for long term lifestyle luxury rentals in Poole, Dorset. Already a notable trend in the London luxury lettings market, as more people opt to rent rather than buy, savvy tenants now search for properties to rent which offer further added value by merging attractive lifestyle factors within easy reach of a top sports and social calendar.

Sandbanks Beaches

 

In addition to the key criteria of what makes a great coastal rental property, we now see ‘proximity to the local social calendar’ as an emerging request. In popular areas along the Poole coastline like Sandbanks and Poole Harbour, criteria such as beachfront proximity, sea views, access to water-sports, private parking and outside space are typical requests from our lifestyle tenants.

However, lifestyle tenants now recognise the added benefit of choosing a home which is located close to where top sports and social events take place. Appealing to all the family, and specifically teenagers, prospective tenants also know that planning ahead for the year is critical to taking full advantage of the calendar.

Berkeleys has a luxury family house currently available to rent in Sandbanks, Poole which is a great example. Located close to Sandbanks Bramble Bush Ferry and the entrance to Poole Harbour it is a great home for lovers of beaches, sailing and watersports.

Poole Harbour Entrance

The house is also a short beachfront walk to the 2015 British Beach Polo Championships too. What’s more, the Sandbanks sports calendar lists many top sporting and after-party events on offer:

  • May 28th – 30th 2016 – Poole Sailing Regatta, Poole Harbour/Poole Bay and Regatta Social Programme
  • July 10th – 11th 2015 – Sandbanks Beach Polo Championships, Poole.
  • July 22rd – August 7th 2015- Brownsea Island/National Trust summer open air theatre: The Tempest
  • August 8th  – 15th 2015 – Cowes Sailing Week (sail from Poole to access daily events)
  • Competitive sailing events taking place across Poole Bay throughout August – see individual local sailing club schedules.

Tickets sell out fast to these highly sought after events, and so the secret to ensuring access to the best events is to plan early. Opting for a long term rental solution, whether for holiday use only or full time use, enables you to tap into events throughout the year. The benefit of being able to walk rather than drive lends yet further appeal.

Penthouse Apartment Overlooking Sandbanks And Poole Harbour, Dorset

This week Berkeleys features a stunning penthouse apartment for sale with panoramic sea and harbour views, chosen as it embraces the ultimate summer lifestyle. The contemporary interior and large 1,600ft terrace combine with an open plan living area, luxury rational kitchen to create a combination of indoors/outdoors living.

Alington Road - Daytona

The Daytona penthouse offers a wonderful fusion of traditional craftsmanship and contemporary interiors with every detail catered for to achieve easy modern living.

A beautiful coastal location in Dorset.

Daytona penthouse is ideally situated for the shores of Poole Harbour, with its extensive yachting facilities and marinas, which are within 500 metres of the property. The award-winning beach at Sandbanks is approximately half a mile away with the chain ferry to the Isle of Purbeck and Jurassic Coast just beyond. For boutique shopping, café culture and spas, Canford Cliffs Village is within two miles and Westbourne Village, with its eclectic bars, restaurants and Victorian shopping arcade, is approximately 3 miles away.

Evening_Hill_Dusk_004_

What makes Daytona unique?

Daytona is an exclusive development of just 3 duplex apartments set in a quiet location, with accommodation that extends to approximately 3,000 sq. ft and a large 1,600 sq. ft terrace with stunning views. The open plan living area, luxury rational kitchen with Gaggenau & Miele appliances, 3 bedrooms with fitted Hulsta wardrobes are stylish and modern. Porcelanosa floor tiling in the hall, kitchen, dining area, en-suites and bathroom offer cool comfort in the summer. The custom made feature staircase and the bespoke internal doors with chrome door furniture are complementary design features. The garage has an electric up and over door and the property is secure withy electrically operated security gates.

Evening Hill is famous for its wonderful summer sunsets – come and see for yourself.

Alington Road - Daytona4

Lifestyle Homes to Rent in Sandbanks, Poole, Dorset

Berkeleys Lettings is seeing growing demand for long term lifestyle renting in Poole, Dorset. Already a notable trend in the lettings market, as more people opt to rent rather than buy, savvy tenants now search for properties to rent which offer further added value by merging attractive lifestyle factors within easy reach of a top sports and social calendar.

Dune Crest 12

In addition to the key criteria of what makes a great coastal rental property, we now see ‘proximity to the local social calendar’ as an emerging request. In popular areas along the Poole coastline like Sandbanks and Poole Harbour, criteria such as beachfront proximity, sea views, access to water-sports, private parking and outside space are typical requests from our lifestyle tenants.

However, lifestyle tenants now recognise the added benefit of choosing a home which is located close to where top sports and social events take place. Appealing to all the family, and specifically teenagers, prospective tenants also know that planning ahead for the year is critical to taking full advantage of the calendar.

Berkeleys has a luxury apartment currently available to rent in Sandbanks, Poole which is a great example. Located right on the beachfront facing Poole Bay and Old Harry Rocks, Studland, residents can enjoy some of the best vantage points for this year’s top sport and social events. It is a short beachfront walk to the 2014 British Beach Polo Championships.”

Dune Crest 8

What’s more, the Sandbanks calendar lists many top sporting and after-party events on offer this year:

  • May 24th – 26th 2014 – Poole Sailing Regatta, Poole Harbour/Poole Bay and Regatta Social Programme
  • July 5th – 6th 2014 – Sandbanks Beach Volleyball Festival
  • July 11-12th 2014 – The 2014 British Beach Polo Championships, Sandbanks and Beach Polo after-party (tickets on sale now)
  • July 23rd – August 8th – Brownsea Island/National Trust summer open air theatre: Henry IV – (tickets on sale from Feb 1st)
  • August 2nd  – 9th – Cowes Sailing Week (sail from Poole to access daily events)
  • Competitive sailing events taking place across Poole Bay throughout August – see individual local sailing club schedules.

Tickets sell out fast to these highly sought after events, and so the secret to ensuring access to the best events is to plan early. Opting for a long term rental solution, whether for holiday use only or full time use, enables you to tap into events throughout the year. The benefit of being able to walk rather than drive lends yet further appeal.

Sandbanks Luxury Property Comes To Park Lane, 30th October, 2013

With the spotlight on luxury property investment this month, Berkeleys will be welcoming home buyers and investors to the Berkeleys Luxury Property Show in Park Lane on 30th October.  London based visitors will be able to explore luxury coastal living in Sandbanks, Poole, first hand with comfort and convenience.

Sandbanks, Poole, Dorset

Berkeleys presents urban home buyers with an opportunity to review and research investing into this highly publicised coastal area in a lively and entertaining way. Sandbanks, Poole is rarely away from the media spotlight today, and interest has been further fuelled by the recent ITV series “Harbour Lives” with Ben Fogle. As a result, navigating one’s way towards buying the right luxury home has become more competitive and confusing than ever before.

Helping buyers along the journey, Berkeleys is promising to bring Sandbanks to Park Lane, where the show promises to address all the questions most frequently raised by London based clients.

Jeremy Priestley, Director of Berkeleys says: “London based buyers, home search agents and International investors are invited to join us to dig deeper into the Sandbanks and Canford Cliffs coastal area. We have brought together all the touch-points of primary interest to potential buyers. We will reveal inspiring imagery and film to bring the area to life, provide insights into local property values and historical data, reveal property and plots for sale on and off market, illustrate who the most relevant local suppliers are like architects, developers, interior designers, reference any key planning projects in progress, as well as share local views on what Sandbanks life is really like – all without having to leave London.”

The Lighthouse 5

“We will be on hand to provide invaluable knowledge, whether visitors are looking to buy land to build their own dream home, to buy a newly built contemporary home, to invest in a leisure holiday apartment or to find the right family home to relocate to from London.”

Tansanee, Sandbanks, Poole, Dorset

“We can also advise on luxury home lettings across the area, which is a growing market too. Some second home owners choose to maximise their investments through generating income by letting out their coastal home either out of season or over longer periods, when they might be travelling abroad for example. Berkeleys has seen that luxury waterside homes with views can achieve rents in excess of £6,000 per calendar month if they carry the right credentials.”

Branksome Park, Poole, Dorset

The continued growth in the London property market has made prime property in Poole, Dorset also look interesting. As well as presenting an alternative investment to potential second home owners, many London based families chose this area of Dorset to relocate to because of the excellent local secondary schools including Bryanston and Sherborne, the access to Poole Harbour watersports and the overall healthy, coastal lifestyle.

Approx. 100 minutes commute from the capital by train, or a two hour drive, the Canford Cliffs and Sandbanks region of Poole, Dorset is conveniently located and thus holds a well-established, long-standing link with London.

To book an appointment at the show, call 01202 708383. The Berkeleys Luxury Property Show takes place on 30th October, 2013, and is located at The Guild of Professional Estate Agents, 121 Park Lane, Mayfair, London, W1K 7AG. Open 10.00am to 6.00pm.

Luxury Waterside Houses for London City Dwellers

It’s that temperature changing time of year again, – July – London is heating up and the Evening Standard keeps inviting us to escape to cooler waterside environs.  Very enticing.

With the spotlight now well and truly shining on waterside and coastal homes, many destinations are in fact just an hour or so away from London. That’s why so many Londoners choose to invest in a second home with the waterside-factor.

Head South to Poole, Dorset and you’ll experience the temperature go down a little, a fresh breeze come up, and that exhilarating freedom feeling fill your heart and lungs.  The locals swear by it.

Poole Harbour WEB

The lifestyle advantages of living waterside are many but the most popular ones in Poole are probably the ‘sand between your toes’ effect – yes, and on a Friday night – sailing in summer and the breath-taking sea views which have the power to lower stress levels and promote inspired positive thinking.

Does every waterside home deliver the same experience? The answer is very much a no.

Take beautiful “Tansanee” for example. A dream home, for sale with Berkeleys, which promises the ultimate waterside lifestyle experience.

Banks Road, Sandbanks

This exceptional location on Sandbanks Peninsular, Poole can be acquired as a plot or as a turnkey solution to include the building of an architect designed uber contemporary home on purchase. Many luxury home buyers today want to invest in a home whereby they can add their own very personal stamp. This type of acquisition promises a real estate project whereby design and architectural vision can evolve into a reality with the buyer kept in the picture every step of the way. The end result: coastal sunsets and sunrises captured from your private terraces, morning walks along golden sandy beaches and a hotel-lux-home to entertain in throughout the summer season, which includes the British Beach Polo Championships 13/14th July each year.

Poole Harbour from Shore Road

For a weekend waterside experience, “Trevelga” could be the home for you. Situated in a small select development of apartments, this home is located in Poole at the gateway to the Sandbanks Peninsula. Directly opposite the property are the shores of Poole Harbour where windsurfers and kite surfers light up the sky, on a windy day, with their vibrantly coloured sails. It is the views which make this experience complete.

Of course water doesn’t have to mean sea. Take Pine Lake for example, just a short drive from Poole Harbour. Here is an exceptional detached family home for sale enjoying an enviable location backing directly onto Parkstone Golf Course including exceptional views over Parkstone lake. The house itself has an expansive rear garden which rolls down to the lake- situated alongside the golf course – a fresh water lake filled with carp, eels, and currently visited by swans and 14 baby ducklings no less.  The lake was built in Victorian times to supply fresh water locally and the carp were originally introduced to keep the water clean.

Compton Ave 1

So water is the giver of many varied lifestyle experiences, but there is a common thread throughout: when water is a remote, cool, fresh, healthy element on a sweltering hot, sticky, bustling London day, it is a very welcome experience indeed.

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