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Is it a good move to buy a ground floor flat in this uncertain environment? is it cheaper than a top floor flat?

Asked on Feb 27 2011, House Prices in London | Report content

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  • This really depends on the area, the type of flat and also the alternatives.

    Answered on Mar 1 2011, Report content
  • A top floor flat will be secure, more energy efficient and less noisy. However it will be more difficult for moving furniture in and if you haven't got a lift carrying bags of shopping up flights of staircase is never fun!

    Answered on Mar 1 2011, Report content
  • Apartments on higher floors will command a premium in the Canary Wharf market particularly those with attractive views. Ground floor apartments can be more difficult to sell and are often discounted for this reason. However, you are likely to be able to obtain a similar square footage to an apartment on a higher floor at a cheaper price and I am drawn to the attraction of not having to struggle up stairs or in a lift with the shopping. In some of the higher developments, a "rush hour" can develop in the mornings and evening for lift usage. I was staying in the Empire Square development in Southwark and one evening I needed to wait 10 minutes to get a lift up to my apartment on the 5th floor.

    Answered on Mar 1 2011, Report content

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