covering edinburgh and east central scotland
rettie & Co magazine
spring | summer collection 2018
rettie & co magazine
At
home
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Edinburgh Sales |
website link
max.mills@rettie.co.uk
0131 624 9045
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Beautiful and spacious, detached, Renaissance-style villa occupying a large corner plot surrounded by charming gardens. The property combines extensive family friendly accommodation with original features, located in one of Edinburgh’s most sought-after conservation areas.
10 Gamekeeper's Road Edinburgh
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Price
Price on Application
10 Gamekeeper's Road
Edinburgh
02
james.whitson@rettie.co.uk
0131 624 9068
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Elegant and light-filled double upper, boasting panoramic views over the north of Edinburgh and onwards over the Firth of Forth to Fife, as well as Ainslie Place Gardens and Edinburgh Castle.
Offers Over
£875,000
3/3 Ainslie Place
03
ricardo.volpi@rettie.co.uk
0131 624 4061
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Exceptional, second floor apartment located in the prime residential area of Marchmont in Edinburgh’s south side. The property offers bright and spacious accommodation, benefits from a shared garden to the rear and has excellent amenities close at hand.
Warrender Park Road
£335,000
18 [2F2] Warrender Park Road
Your Quality Property Service
04
gavin.smith@rettie.co.uk
0131 624 4081
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Outstanding penthouse apartment with incredible views situated within the popular residential location of Craiglockhart. The accommodation has been finished to an exceptional standard throughout and has two private terraces, two single garages and two parking spaces.
£520,000
8-18 Meggetland Square
05
laura.mathieson@rettie.co.uk
0131 220 4160
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living
Bright and spacious top floor corner flat, which forms part of a handsome B-Listed Victorian building, overlooking Drumsheugh Gardens and with far reaching views over Edinburgh’s city skyline.
£440,000
1/5 Drumsheugh Gardens
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Elegant and spacious main door flat situated in the New Town conservation area combining classical Georgian features, clever use of space and impressive décor. The property boasts superb local amenities and good transportation links.
£620,000
29 Walker Street
maria.ponte@rettie.co.uk
0131 624 9085
Just a short distance from numerous recreational facilities and green spaces, including the Royal Botanic Gardens, Warriston Tennis Club, Inverleith Park, Westwoods Health Club, the Water of Leith Walkway and Edinburgh’s cycle network
Everything on your doorstep
For every-day needs, the area is well served by Tesco and Waitrose supermarkets and the independent shops and local producers of Broughton Street and Canonmills. A number of larger stores, including Sainsbury’s and Marks & Spencer, are a short drive away at Craigleith Retail Park. The property lies within the catchment area for Broughton Primary School and Drummond Community High School. A choice of private schools, including Edinburgh Academy, Fettes College, Erskine Stewart’s Melville Schools and St George’s School, are in close proximity. Howard Place also benefits from ample zoned parking and good proximity to the City’s bus and tram network, as well as convenient access to the City Bypass, A1 motorway, Waverley Station and Edinburgh’s international airport. The property is available now and is offered in immaculate move-in condition.
A home in a leafy corner of the city
28 Howard Place is ideally situated, just a short distance from numerous recreational facilities and green spaces, including the Royal Botanic Gardens, Warriston Tennis Club, Inverleith Park, Westwoods Health Club, the Water of Leith Walkway and Edinburgh’s cycle network. Howard Place is just a short walk from the City’s financial and business districts, making it ideal for those working in the capital. George Street’s abundant shopping establishments, restaurants, boutiques and bars are also close by, as is cosmopolitan Stockbridge, renowned for its village atmosphere, artisan shops, cafés and restaurants. The property is also within easy reach of all of Edinburgh’s cultural attractions. Being just a few minutes from the Playhouse Theatre and the Omni Centre, which boasts a multi-screen cinema. Edinburgh’s renowned art galleries and museums are all within easy walking distance.
A home made for generations to enjoy
The flexibility of the home is shown when entering the basement level, which is accessed by a sweeping staircase. This part of the house features three bedrooms, a shower room, a laundry/utility room and extensive cellar storage space. It has a separate entrance accessible from the front garden and could easily be reconfigured as a self-contained flat, ideal for multi-generational living or as an income generating business. Alternatively, it offers ideal accommodation for older children. Outside, to the rear of the property, you’ll find a landscaped paved garden with a number of raised beds, all beautifully planted with flowering shrubs and trees which create a private oasis from neighbouring properties. There is also a shed, various stone planters, ample space for dining and entertaining and direct access out to Warriston Playing Fields.
Fine rooms for entertaining and relaxing
Interior Perfection
A highlight of the ground floor of the house is the stunning bespoke handcrafted Charles Yorke kitchen.
Follow the wide stone staircase to the second floor and you’ll find yourself within the impressive drawing room, boasting two large sash windows with working shutters and a feature fireplace with marble surround. This is another fine public room, wonderful for relaxing. The bedrooms at 28 Howard Place are just as impressive. The master bedroom has its original fireplace, a sash window with working shutters and an open outlook over the rear garden. This room boasts built-in bookshelves, a window seat and plentiful storage space. The adjacent luxurious half-panelled family bathroom has a contemporary roll top bath, a double walk in rainfall shower and under-floor heating.
A highlight of the ground floor of the house is the stunning bespoke handcrafted Charles Yorke kitchen. Featuring dove grey units with beautifully cut granite worktops with splashbacks, as well as a large central island offering dining space for 6-8 people. Every detail of this elegant kitchen has been carefully considered. Among the kitchen’s useful practical features are a larder cupboard, a two-oven AGA, an integrated wine fridge and a Quooker tap. Large sash windows offer an open outlook over the home’s gardens and the private playing fields that lie beyond. They boast a built-in window seat - the perfect spot for a morning coffee. Next to the kitchen is a generously proportioned sitting room. A warm and welcoming space awaits you, featuring a pair of floor-to-ceiling sash windows, a black marble fireplace and beautiful decorative cornicing – it’s the perfect place to relax and unwind with family or entertain friends.
This imposing five-bedroom townhouse has been beautifully restored and freshly decorated throughout. Located in a prime position in sought after Inverleith, it is right next to the East Gate of the Royal Botanic Garden and backs onto private playing fields. It offers exceptional accommodation, in a beautiful, leafy location within easy walking distance of the city centre and is perfect for entertaining and family life. You approach the house through a lovely private front garden planted out with shrubs and mature trees. Stone steps bring you up to the front door. Step inside and you’ll find yourself in a grand entrance hallway with flagstone floor, an 11ft high ceiling, restored wall panelling and ornate cornicing. Look up at the stunning cupola above and it’s immediately apparent that this grand home has been refurbished to the very highest standard. Explore and you’ll find that it offers luxurious, contemporary fittings and finishes, while retaining its original character and charm.
featured property
An ‘A’ Listed Georgian townhouse in Edinburgh’s historic New Town is high on many people’s list of perfect properties. One such home is 28 Howard Place.
28 Howard Place Edinburgh
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Rural |
nick.ainscough@rettie.co.uk
0131 624 4200
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Exterior
A well-equipped amenity farm with an attractive Farmhouse, versatile Farm Buildings, about 60 acres and over half a mile of single bank salmon fishing on the River Nith. EPC= E. Viewing by appointment only.
Ryehill Farm | Sanquhar Dumfriesshire
Offers over
£525,000
Ryehill Farm Sanquhar
Dumfriesshire
chris.hall@rettie.co.uk
0131 624 4074
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An exceptional refurbished home with views over the Queen’s Course at Gleneagles Hotel. About 3,702 sq ft Gross Internal Floor Area. Two roof terraces. Lawned and wooded garden. Extensive parking space. Planning consent for garaging. EPC = F. Viewing by appointment only.
£1,600,000
4X Balmoral Court Gleneagles Hotel
Auchterarder
4X Balmoral Court
Gleneagles Hotel Auchterarder
andrew.smith@rettie.co.uk
0131 624 9087
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Reception
A classical B Listed mid-19th Century former Farmhouse with a 1.5 acre grass paddock and stunning views across the Forth Estuary. Double Garage with storage area. Stables with two loose boxes, storage area and loft above. EPC = E. Viewing by appointment only.
Chesterhall House
Longniddry East Lothian
Fixed price
£845,000
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A unique opportunity to purchase a residential plot with planning consent for a 1.5 storey, 4-bed house with a double garage. Occupying an idyllic position within enchanting, historic parkland, close to Dunbar and within easy commuting distance of Edinburgh. Viewing by appointment only.
£145,000
Broxmouth Park Plot
Dunbar East Lothian
alastair.houlden@rettie.co.uk
0131 624 9032
game room
Kitchen
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A splendid semi-detached, period Villa, offering a wealth of refined living accommodation, refurbished with flare and style, to incorporate contemporary fixtures within a tasteful and sophisticated interior design, befitting of the age of the property. EPC = D. Viewing by appointment only.
Corryvreckan Crieff
Perthshire
“For us, interior design is a journey with our client, a journey of creation and emotion and passion, as well as a journey of enjoyment - culminating in an interior which is unique and individual to you”.
From home accessories or bespoke soft furnishings to an entire renovation project, visit: jeffreys-interiors.co.uk 8 North West Circus Place, Edinburgh EH3 6ST 0131 247 8010 Old Church, Tay Terrace, Dunkeld, Perthshire PH8 0AQ 01350 697 222
Founded in 1937, there are two sides to this distinctive interior design company - the fabulous retail experience which is their award-winning showroom and their bespoke interior design service which aims to meet even the wildest of expectations.
Jeffreys Interiors
THE BRIEF A classic, period New Town building which had been used as offices for many years was to be transformed into a comfortable family home. The aim was to work closely with the clients and developer to create a modern classic interior with space to work and entertain, encompassing and enhancing the collection of existing pieces. Fiona commented, “The clients were daunted by the massive spaces in their lovely new home and needed some help in the initial stages to plan layouts and confirm the finishes provided by the developer. It was great to be involved at an early stage so that I was able to build a relationship with the contractors and provide input regarding the client’s specific requirements.” This collaboration with the developer, Melford, and Tremmel Restoration, who were carrying out the work was key to the impressive outcome of the design. THE DESIGN Creating a sense of arrival The vast entrance hall sets the tone for the scaling and style of this impressive home. With art and family mementos adorning the walls of the staircase and the entryway, Fiona was eager to keep a light touch elsewhere allowing the collection to truly stand out. The polished slate floors and the softness of the grey carpet leading up the stairs are countered by vibrant red edging which gives an initial insight into the colour scheme throughout the rest of the home.
When it came to seating, the clients requested that their old, much-loved sofa and armchair were incorporated in the scheme. While much too small to be the only seating in the room, re-covering them in Timorous Beasties fabric and introducing a footstool with a hand-printed striking bee motif brought a new lease of life to these older pieces, beautifully complementing the larger, bespoke sofas created for the space. MASTER BEDROOM A place of quiet comfort. The enormous proportions of the room meant that it was hard to find appropriate storage of the right scale. Fiona came up with a concept design for a bespoke storage solution inspired by Bauhaus design. This idea was distilled and created by local cabinet maker Ewan Ogilvie who brought the concept to life using Scottish oak and linoleum in a selection of blue tones. To give a sense of luxury and comfort, a variety of William Yeoward fabrics were used throughout, covering the oversized headboard and forming the curtains. THE OUTCOME The degree of work required to oversee the details of such a project without forgetting the big picture was not unnoticed by the client. “The result is a huge wow-factor - whenever we open the door, our friends and guests can’t believe how together and elegant the interior has become.”
Are you sitting comfortably..? The drawing room is a place full of stories. Each piece of art or furniture had a history, and it was Fiona’s job to continue this process, embracing the existing and creating a new chapter. A stunning antique rosewood card table was sourced to match a set of chairs that had been in the family for years, while a brand new wool ombre rug, made by Turnberry, sits proudly in the centre of the room beneath a coffee table made by the client’s father.
Drawing on years of experience in staging gallery exhibits, Fiona carefully positioned and hung the clients own pieces to maximise their impact. What’s more, using this specific skillset for the client’s benefit, she was able to design a bespoke lighting scheme to create a comfortable residential feel using large cream conical pendants with gold interiors which served to fill the space without dominating it and allowed a soft glow throughout the area, while museum quality, colour rendered spots were discreetly positioned to light the features.
For a recent project in the West End of the city, interior designer Fiona Drennan, one of a team of six at the independent design company, was thrilled to use her extensive experience from work in prestigious galleries and auction houses to work with a couple who wanted to incorporate their beloved collection of curiosities, art, and furniture into their newly refurbished home.
Blending unique skills and specialisms with the luxurious residential and commercial interiors they are known for, the design team at Jeffreys Interiors goes above and beyond to provide a client experience unmatched in the local area.
At Home with Jeffreys Interiors
East Lothian
/02
LETTINGS |
lettings@rettie.co.uk
0131 622 4160
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This exceptional family home sits on the exclusive Archerfield Estate and comes fully furnished with stylish interiors designed by Laura Ashley. Quietly located, occupying a delightful position within an exclusive community with easy access to the golf course and beach and a relaxed commute to Edinburgh. The bright and generously proportioned home consists of 6 bedrooms all with ensuite bathrooms, large open plan kitchen, dining room, drawing room, cinema room. Large secure private garden and garages. Pets considered. The property can be either furnished or unfurnished. EPC - B. To see more detail please click here for a video tour around the property.
65 The Village, Archerfield
£3,100 PCM
letTINGs - short term |
michelle.mason@edinburghfestivalrentals.com
0131 624 4092
Stylish 2 bedroom West End apartment, recently renovated throughout with rear private patio – it’s ideal for city centre breaks, and corporate guests. The West End offers a wealth of independent boutiques, coffee houses and restaurants to enjoy. Being only moments from Shandwick Place, this allows easy access to the Tram Link to and from the Airport. Bookings subject to availability.
£2,300 pcm
12A Stafford Street
NEW HOMES |
donaldsons@rettie.co.uk
0131 624 9052
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Located West of Edinburgh City Centre, the Category A listed Playfair Building includes 1, 2 and 3 bed apartments designed to provide fantastic views across Edinburgh, to a courtyard, and lawns leading to period gate lodges
Donaldson's Edinburgh
Prices From
£240,000
Donaldson's
NEW HOMes |
craighouse@rettie.co.uk
0131 624 4076
KITCHEN/LIVING
1-5
This new development is the latest by multi-award winning developer Quartermile Developments and will offer a broad range of both new build and refurbished properties, finished to an exacting standard. Occupying an exceptional, elevated position, the magnificent converted listed buildings will be complemented by contemporary townhouses and apartments, surrounded by beautifully landscaped grounds. The development will comprise of 2,3,4 and 5 bedroom properties. Positioned in the prestigious and desirable Morningside area, Burton sits in fifty acres of mature park and woodland offering tranquillity with panoramic views over Edinburgh. The magnificent converted listed buildings will be complemented by contemporary townhouses and apartments, all surrounded by beautiful landscaped grounds providing open space and a fully managed environment. This historic site will be sensitively restored and will bring one of Edinburgh’s most recognised landmarks back to life, creating a new community in the City.
£500,000
Craighouse
The £1,500,000+ market is enjoying at bit of a resurgence, the Edinburgh residential team sold four £1 million-pound-plus properties in November 2017
Many investors are electing to put their savings into apartments rather than into other asset classes, such as the stock market.
Max Mills, Director and James Whitson, Director Rettie & Co. Edinburgh Residential Sales Team
As a result of the lack of activity in the market any available stock is selling fast. Apartments in prime residential areas across the city, priced between £150,000 - £550,000, are going like hot cakes. Family homes with gardens, close to good schools, in the £450,000 - £750,000 bracket, are equally sought-after. The £1,500,000+ market is also enjoying at bit of a resurgence, as shown by the fact that the Edinburgh residential team sold four £1 million-pound-plus properties in November 2017, including the largest transaction since 2005 (a property sale in excess of £4m on the city’s southside).In conclusion, generally there is healthy proportion of buyers across all sectors of the market prepared to transact, if they can find the right property, however due to lack of supply premiums remain high going into Q1 of 2018.
Other factors driving demand, include the fact that interest rates remain low allowing a good stock of attractive mortgage deals currently. Many investors are electing to put their savings into apartments rather than into other asset classes, such as the stock market. Specifically, the sub-£500k market is attracting a 10-15% premium and is being fuelled by people with cash doing Airbnb. From an international perspective, Edinburgh has become recognised as a safe environment, cheap on a global scale and with excellent schools. It is now seen in a very positive light by foreign buyers. In addition, people paid in dollars have seen the pound slide, which makes UK tax more palatable and property better value. The supply side of the property equation is being squeezed by several attributes. There are many people who choose not to put their house on the market as they cannot find a suitable purchase, choosing not to risk being in the position of not having a new property to move to or unwilling to pay a premium to rent. Land and Buildings Transaction Tax (LBTT) at the higher end of the property spectrum is also preventing people from moving. While high transaction costs (LBTT) are further restricting supply, with owners favouring building an extension over moving, as this investment portrayed as ‘free money’.
The market is currently very strong, this is being driven by a lack of supply across the board. Strong demand means premiums are being paid for good properties and as such, properties are selling quickly. People are making purchase decisions and sticking to them, which is inspiring confidence. What’s more, the dynamics of the market have changed; it is now not as seasonal as it used to be. In Q4 2017, the market performed well into the Christmas period and notably for the Edinburgh residential team, we experienced new launches in July and December – something unheard of in previous years.
Our take-home message is that anyone thinking of selling needs to utilise this year before the uncertainty of Brexit occurs in March 2019. The fear of uncertainty that Brexit will undoubtedly bring, could cause people to pause for thought while they wait to see how the exit from the EU pans out.
The end of 2017 was one of the busiest Rettie & Co. has ever experienced and this momentum has remained consistence as we move into 2018. Our team has been battle hardened by the political and economic ups and downs over the last eight years, but it finally feels like we might have some blue sky appearing, providing a positive environment in which to operate.
Current property market status January 2018
Market Sentiment
Apartments in prime residential areas across the breadth of the city priced between £150,000 - £550, 000 are selling like hot cakes. Family homes with gardens, close to good schools, in the £450,000 - £750,000 bracket are equally sought-after.
The ethos and the energy from the team is a wonderful thing to be part of. There is also tremendous buy in from all the Rettie team to continually be the best agent in town. There is also much personal reward taken from giving our clients a memorable experience, really looking after them and making sure if they are to undertake any future property transactions that they come back to us.
What do you find most enjoyable and rewarding within your role at Rettie?
We are consistently in the top 3 agents in terms of market share above £250,000 in Edinburgh. We sell property at all price points. We have an excellent, knowledgeable team of 10 who are proactively matching our listings with prospective clients registered on our very extensive and detailed database. We undertake to do viewings around the clock, 7 days a week. We have a genuine sales culture and our team don’t only take enormous satisfaction in delivering an exceptional service, but they are also incentivised to do so by our firm. We try to treat every buyer as if they are tomorrow’s seller.
Lots of people in Edinburgh think they should list with an ESPC agent, but Rettie can offer something a bit different – can you explain what that is?
Clients can expect to deal with knowledgeable, experienced and honest people striving to maintain market leadership in the residential sector, whilst continuously responding to the market place. We are not a listing service; we proactively promote our clients’ properties using sophisticated modern technology whilst understanding the importance of maintaining our traditional estate agency values of providing an exceptional personal and professional service.
Tells us a little about the Rettie experience.
Apartments in prime residential areas across the breadth of the city priced between £150,000 - £550, 000 are selling like hot cakes. Family homes with gardens, close to good schools, in the £450,000 - £750,000 bracket are equally sought-after. The £1,500,000 plus market is also enjoying at bit of a resurgence.
What kind of properties sell well in Edinburgh?
There is a good mix of local, southern-based and overseas buyers. The local and southern-based buyers are interested in securing properties at all price points. The majority of overseas buyers are buying for investment or for second home purposes, typically below £750,000.
Where do your buyers come from?
There are several reasons for the current buoyant climate, notably lack of stock, pent-up demand, interest rates remaining low, mortgage deals on offer being very attractive, as well as overseas buyers enjoying a favourable exchange rate. Many buyers are also electing to invest savings into apartments to Airbnb rather than other asset classes, such as the stock market. In addition, Land and Buildings Transaction Tax at the higher end of the property market is preventing people from moving.
The Edinburgh market is currently very buoyant, why is that?
I joined Rettie & Co. in 2005, working within both the lettings and sales environments in the Edinburgh office. Most of my time has been spent working as part of the residential sales team with focus in particular, on growth of the Rettie & Co. market share in Edinburgh. I manage a team of 10 whilst ensuring our clients receive a first-class service.
Can you tell us a little about yourself and what you do at Rettie & Co.?
Q&A
with Max Mills
