Thursday 2 April 2015
Southwark Has All The Answers For Buy To Let Landlords.
This is a good deal for investors as it is a flat somebody can come along and transform to make it into a rental machine. Buy to let investors can expect to enjoy a cool 6.3% yield if it rents in the region of £320 per week which is great for a London property.
Resale will be strong due to the growing interest in the area with the multibillion regeneration on Elephant and Castle nearby which of course will have a ripple effect on neighbouring areas. Southwark is an exciting borough to be involved in with good projected growth in coming years and already been confirmed as the number one borough that has built the most new homes since 2012. Central London is a very short bus ride away too and ideal for the many that are opting to jump on their bikes to work.
You will find the likes of famous landmarks such as the Shard and Shakespeare Globe in Southwark so Amery house is amongst a healthy cultural background which is sure to grow in the future because of its closeness to central London.