This three bedroom period flat is just a two minute walk from Queenstown Road (Battersea) station and has recently come onto the market for £565,000.
Period properties generally offer fantastic potential for capital growth, but the investment appeal of this location is increased further by the ongoing regeneration of Nine Elms as well as the Northern line extension to Battersea, which is marked for completion by 2020.
In the short term, with two good size double
bedrooms and one small double/good single, this property could be expected to
fetch £450 per week in the current rental market, offering a decent yield of
4.1% at asking price. Hold onto it for a decade and the capital growth is where
you’ll see a huge return.
It makes you wonder why the current owner, having appeared to renovate it, is selling it. Take advantage and grab it from them!
It makes you wonder why the current owner, having appeared to renovate it, is selling it. Take advantage and grab it from them!
Got your eye on a buy-to-let property? Thinking of buying, selling or letting? Why not ask my opinion with no obligation? Feel free to email me in confidence at kevin@xandermatthew.com or call me on 020 3397 2099.
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