Regional round-up
Each month we visit three agents across the country to discover what is happening in their businesses and local markets. This month we visit Somerset, Warwickshire and London.

Peter Greatorex is Managing Director, The Apartment Company, Bath, Somerset
It’s a beautiful Thursday afternoon in Bath and the warm sunshine is bathing the city with a honey glow. With all its historical delights and café culture, Bath is truly a premier destination, high on the list for London and overseas purchasers alike. We are experiencing a high volume of overseas buyers keen to establish a foothold in the UK property market and feel that Bath, with all it has to offer, is the place they would like to buy. All of our team members have extensive knowledge of our city and we find that buyers are as keen to know about the social side of Bath – the vast array coffee shops, restaurants as well as the eclectic festivals and the very best cultural events and venues the city has to offer.
Bath prices although quite high, still represent good value compared to London and quite often buyers are deciding between the two cities.
Currently we have this elegant first floor apartment in Great Pulteney Street that measures c. 1000 sq ft and it is attracting considerable interest at OIEO £450,000
Our lettings business is definitely growing, partly due to the increase in buy to let sales. New landlords can expect a yield in the region of 4.5 per cent although most buyers are looking at the longer term growth. An average two bedroom apartment is attracting interest from city professionals and they can expect to pay between £1000-£1250pcm.

James Morton is Branch Manager, Newmans Estate Agents, Leamington Spa, Warwickshire
Having been tipped by the Guardian as one of the top 10 places to buy in the UK at the start of the year, the market in Leamington Spa certainly favours the seller. 57 per cent of properties for sale
in the town currently registered on the portals as SSTC. The issue is a lack of ‘fresh’ listings. Many clients are saying that they would like to sell, but are not prepared to go to market until they see
somewhere they are interested in. Any genuinely new listings are attracting vast attention, resulting in multiple offers with the majority of our stock achieving in excess of the original asking price.
The town is certainly benefitting from the positive employment news coming out of Jaguar Landrover at Gaydon, with a further 300 contractors being offered permanent positions. The town’s student population at Warwick University also influences the local housing market. Over the past eight years I have witnessed more and more parents purchasing a home for their child and their friends to occupy during their education. The rent from the friends covers the mortgage, and the parents have a good investment to sell at the end of the degree. Lastly many dormant buy to let investors are also jumping back onto the market. Confidence levels are so high, investors are offering asking prices.
Compared to the same period in 2012 ready willing and able buyer enquiries are up and I am not expecting a summer lull as lenders are still openly lending. One of my latest instructions is a luxury
apartment within a splendid period country residence in two acres of grounds. Historically it is rumoured to have protected a number of high level British cabinet ministers during the Coventry Blitz in World War II. Having the living/dining room in the spectacular old “ballroom”, this property offers a charming rural retreat, with the main shopping parade and award winning gardens of Royal Leamington Spa within two miles.


Scott Hailou is Area Manager, Victor Stone, Camden, London.
Camden is a very desirable district in northwest London, third behind Kensington & Chelsea and City of Westminster for average property price. Camden Lock, on the canal network, is one of the most popular and exciting tourist destinations in the capital with its world famous markets, eateries, bars, theatres and art spaces all fizzing with energy. The markets are a major tourist attraction at weekends.
Properties range from small, low rise blocks to magnificent Georgian and Victorian mansions, welcoming arty creatives, wealthy professionals, online and media execs looking for central London property but with the green space, shopping and facilities associated with more traditional suburbia.
Hugo Boss, French Connection, Nicole Farhi and Asos have their head offices based in Camden. Google announced plans to develop new UK headquarters at Kings Cross, one of London’s most recent noteworthy property transactions.
The local market has been extremely active with the gap between supply and demand being the largest since spring 2009. The market is seeing a shift from renting to purchasing, with the unsurprising news that compared to this time last year there are 100 per cent more properties available to let. Despite this headline the demand is still strong in Camden as the demographic is younger than other London areas and this type of tenant is not yet ready to purchase.
One of our latest instructions is a spacious three bedroom apartment in Marylebone. A luxurious, 1500 sq ft apartment with abundant living and entertaining space in this prestigious period block, in arguably one of the best positions in London. The location is ideal for access to Baker Street underground, Marylebone rail station, the open spaces of Regent’s Park and is also within a short walk from the shopping and other attractions of Oxford Street and Bond Street. Asking price £1,750,000.









