Clapham - high yield investment opportunity
Most London investors consider properties close(r) to train stations as they can then capitalise on their return, we all know that renting a property closer to the station will generate more rent opposed to a property that is located further from a train station regardless of bus options.
Take this 3 bed for example, in a prime location and I estimate it would let for approximately £460pw, resulting in a yield of 6% which is certainly worth considering.
Roy Ridley House, Clapham Road Estate – Guide £400,000
I am finding that there are still lots of renters are on the lookout for a property close to a train station, and as this particular property is located right next to Clapham North (northern line/zone 2) train station it will certainly appeal. With Clapham High Street just around the corner this 3bed will attract young professional sharers due to the vibrant environment/night life it has to offer. Three bed properties are always high in demand with the younger audience. Having worked in many different locations in and around London, I am now familiar with the prime locations one can invest in. Not only is this property an ideal buy to let you will also benefit from the high rental yield year in and year out due to its central location. Give us a call on 020 3397 2099 for a price update on your current rental property if you think your tenancy is expiring in the next few months or drop me a line for any other enquiries: Kosta@xandermatthew.com