The Clapham Property Blog

This four bedroom flat in Poynders Garden SW4 has just come onto the market with Foxtons, at an asking price of £399,950. http://www.rightmove.co.uk/property-for-sale/property-49501853.html Finished to a reasonable standard, with four good size double bedrooms, a large reception room, and within easy walking distance of Clapham South (Northern Line) and Balham (London Victoria), the property would make an ideal home for professional sharers.  After studying the floorplan and noting the lack of a bathroom photograph, it seems unlikely that it includes a shower - something most sharers would consider essential. A bathroom refit should be considered if you want to make the property as attractive as possible to prospective tenants. After making minor changes a weekly rent of £525 would be achievable, offering a 6.8% yield at asking price. The recent stamp duty reform also represents a saving of £2,000 when compared to the old 'slab' system. If you've spott

The big news from George Osborne's Autumn Statement was a complete overhaul of the stamp duty system. The old "slab structure" has been replaced with a sliding scale along the same lines as income tax, with different rates applying only to the portion of the property price within each band. From today, this means: No stamp duty will be paid on the first £125,000 2% is paid on the portion up to £250,000 5% is paid on the portion up to £925,000 10% is paid on the portion up to £1,500,000 12% is paid on anything above that For the majority of buyers across the UK this can only be a good thing, with stamp duty decreasing or remaining the same on all purchases below £925,000.  But what does it mean for the property market in Clapham? There are currently 340 properties for sale within the SW4 postcode. Of these, 33 fall within either the 250k-300k or 500k-550k range. The reform represents good news for the sellers of these properties, as u

This five bedroom terraced house in Mayford Road SW12 is available via Barnard Marcus Auctions and goes under the hammer on 16th December. http://www.rightmove.co.uk/property-for-sale/property-49351424.html The property appears to be in reasonable condition - an empty shell ready to be turned into the superb family home that the location warrants. Mayford Road is very highly regarded and is just a stone's throw from Wandsworth Common Station (for London Victoria) and easy walking distance from Balham Station for the Northern Line.  With a guide price of £900,000, it's a potentially lucrative investment opportunity. In February 2014, a five bedroom terraced house in Mayford Road , finished to an extremely high standard throughout, sold for £1,795,000, while another comparable four bedroom property is currently on the market with an asking price of £1,650,000. Viewings with Barnard Marcus Auctions are scheduled for 1.30pm on the following dates: Friday 5th