Friday 17 April 2015
Emerging Outer Prime London Area Sees High Yield
This 3 bed property in Tulse Hill offers a buyer a chance to acquire a flat that is poised to benefit from high yields. At an asking rental price of £380 per week the yield will be 6.58% which is not so readily available nowadays. Jereon Hoppe (director of Xandermatthew) has discussed the advantages of capitalising on the more competitively priced properties available which are slightly further away (emerging outer prime) from Tube stations such as Tulse Hill. There’s plenty to do in the area with Brockwell Park moments away, locals enjoy swimming in the lido as well as all that the trendy and authentic village of West Dulwich which is close by has to offer.
Given its location of being within an emerging outer prime area the property stands to benefit from capital growth which the neighbouring prime emerging property areas such as Clapham have continued to enjoy even in the run up to the election. This is largely due to the area being regarded as a hotspot for young professionals and overseas investors too with the trend set to continue due to the undeveloped stock in the area.
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