Franchise network, Winkworth, has expanded its presence in prime South West London with the opening of a new Wimbledon office to capitalise on the move to leafy parts of the capital.

Company says its franchisees saw revenues jump by 36% during 2021 while its HQ profits leapt by 110%.

The High street is undergoing a 'facelift' according to Winkworth, with strong demand for space from the cosmetic and private healthcare sectors.

The young entrepreneur, who caught the attention of The Neg last year when he opened his third Winkworth office in just three years, is opening a fourth.

London’s suburbs will outperform the rest of the London market this year, but they are only 'super' if a local butcher is thrown in the mix.

Franchised estate agency chain also reveals sales up 42% compared to 2019 and six new branches with eight planned this year.

But company's franchisee's have been less frenetic this year - with only three new offices announced in its latest trading update to investors.

Gains by free-to-use estate agency appear to be at the expense of rival Purplebricks but also Yopa, Winkworth, KFH and Hamptons.