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News Release

London

Jones Lang LaSalle launches Grade II listed property in the heart of London’s West End


London, 6th March 2012 – The London residential team at Jones Lang LaSalle has recently launched 23 Manchester Square, a Grade II listed property in the heart of London’s West End.
 
Located in Manchester Square and adjacent to the iconic Wallace Collection, this double-fronted period property extends to 8,537 sq ft and is arranged over six floors comprising of seven bedrooms, a roof terrace, a gym and a self-contained basement flat. Close to a host of London’s infamous shopping streets, including Oxford Street, Regent Street and Bond Street, with fantastic transport links this unique property is expected to reach in excess of £16m in the open market.
 
Richard Osborne-Young, Residential Director at Jones Lang LaSalle commented: “‘This immaculately renovated house has exceptional light and width with views over this beautiful Georgian square and gardens. Houses of this quality are rare to find and it allows for flexibility with the separate basement which could be used as offices if required.”
 
Demand for property in prime Central London remains strong. Latest research by Jones Lang LaSalle predicts a more robust housing market in London in the short and medium term, with the belief that central and affluent areas will see even higher price growth as well as greater demand from occupiers, developers, renters and investors. It is predicted that we will see positive house price growth of circa 4% in 2012 before it leads the recovery from 2013, pushing upwards of 8% pa by 2014.