A high-end property firm which specialises in "sustainable luxury" said that quality eco homes could still buck the trend in the current market.
Morpheus said it had sold its third and final house in Clareville Street, South Kensington in just ten days – evidence that homes which tick all the boxes in prime locations sold fast. All three five-bedroom properties in Clareville Street achieved an average sale price of £5million.
Each of the three houses sold within weeks of being launched to the market and exchanged just two weeks after the offer had been accepted.
Andrew Murray of Morpheus said: "We are delighted to have sold our final house at Clareville Street so quickly and proven the demand for 'sustainable luxury' exists even in today’s marketplace. We have achieved our aim of combining the utmost of luxury living with family space and sustainability and look forward to continuing this development ethos in our future work."
Richard Gutteridge of selling agent’s Knight Frank said: "Morpheus brought these properties to the market at a realistic price; with the rare benefit of a 10-year new build warranty in central London.
"The properties answered all the requirements of families seeking to live in central London, with both a garage and off street parking, flexibility of living and exterior space, a huge amount of natural light and extremely high specification throughout.
"The sustainability aspect is an added bonus to buyers and something more and more are inquiring about. Having witnessed all the stages of this new build development it has been evident from the beginning that Morpheus has spared no expense on quality through every stage of the project.
"It therefore comes with no surprise that there was such strong interest in the final and all three properties sold so quickly."
In this niche development Morpheus pioneered the use of geo-thermal boreholes in residential property with Murray, the company’s founder, adapting a commercial model for residential use. A multitude of mid-sized developers are now using this ecological method of heating and cooling in volume housing schemes.
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