Grade II Listed Residence, London SW3 – Administration

Moorfields were appointed as Administrators over a Grade II listed five-bedroom property located in the prestigious SW3 area of London. The property was valued at approximately £5.5 million and was subject to £2.2 million of bank debt.

The appointment arose following financial pressures experienced by the borrower, leading to an inability to meet ongoing loan obligations.

Objectives

• Protect and preserve the value of a high-end residential asset.
• Address lender recovery requirements through a structured sales process.
• Ensure compliance with heritage restrictions due to the property’s listed status.
• Maximise sale proceeds within a defined timeframe.

Moorfields’ Actions

• Secured the property and arranged for a full condition and valuation assessment.
• Appointed specialist prime residential agents experienced in the Chelsea and Knightsbridge market.
• Coordinated remedial works and presentation improvements to enhance marketability.
• Managed the marketing campaign and negotiation process to achieve optimal sale terms.

Results

• The property was successfully sold in line with valuation expectations.
• Full repayment of the secured lender’s debt was achieved.
• Value was maximised through targeted marketing in the luxury London residential market.
• The administration concluded efficiently, ensuring a smooth transaction for all stakeholders.