Thursday, 30 October 2014

Spacious Victorian family home in need of modernisation. Arlesford Road, SW9

This five bedroom Victorian family home has just come onto the market with an asking price of £999,950. Arlesford Road is one of SW9's most desirable streets, within east walking distance to Clapham High Street as well as Clapham North (Northern Line) and Stockwell (Northern and Victoria Lines) tube stations.



Split over three floors, and offering four sizeable bedrooms and one single/small double as well as outside space, it would make a fantastic family home once modernised throughout. 

Alternatively, developers will notice its potential to be reconfigured into two properties - a 2 bedroom ground floor garden flat, and a split-level 3 bedroom flat on the upper floors. Finished to a high standard they could be expected to fetch £700,000 and £650,000 respectively in the current sales market. You may need to offer a fair way below the asking price to create a good profit margin, but for a cash offer that might be acceptable.

If you have your eye on a development or buy-to-let opportunity in SW London, feel free to send the Rightmove/Zoopla link to kevin@xandermatthew.com and I'll happily give you my honest opinion. 

Tuesday, 28 October 2014

Development opportunity, North Side Wandsworth Common, SW18

This Victorian ground floor flat in one of Wandsworth's premier areas, and just a stone's throw from celebrity chef Gordon Ramsay's home, is available via auction this Thursday 30th October, with a guide price of £440,000.




Currently arranged as a one bedroom flat, with a generous 756 sq. ft. it has the potential to be reconfigured as a two double bedroom property. The opportunity to do just that and turn a quick profit is obvious, with a comparable two bed flat currently on the market with an asking price of £700,000 (http://ow.ly/Ds9ks).

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.


Friday, 24 October 2014

Low rise Brixton flat offering high rental yield

This split-level four bedroom flat in Brixton Hill is available for offers in excess of £350,000. In a similar location to Wednesday's blog entry (http://ow.ly/Dhwmk) it offers four good size bedrooms, a reception room and a well designed kitchen and bathroom.



Whilst it is around 200 sq. ft. smaller than the New Park Court property, it comes with a much lower asking price and judging by the photographs, appears to be immaculate inside. The property would achieve a minimum of £500 per week in the current rental market offering a whopping 7.4% rental yield if purchased for £350,000. 

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.

Thursday, 23 October 2014

Development opportunity on Hazelbourne Road SW12

One for the developers today. You'll have to act quickly, with final viewings scheduled for tomorrow (24/10) at 10.30am before it goes under the hammer with Savills Auction House on Tuesday 28th October.


Lot 49

With "four rooms", a kitchen, separate WC, and the potential for a loft conversion to create a split level flat with roof terrace, the guide price of £480,000 represents an enticing opportunity for a savvy developer. I can't comment as extensively as I would like having not inspected it, but knowledge of the area dictates a two bedroom flat would comfortably change hands for £700,000 plus. If the potential exists to get three bedrooms, a roof terrace, and to make the property split-level by converting the loft then there is huge margin to be made.

Hazelbourne Road is an excellent location moments from Clapham South tube (Northern Line) and the A205 South Circular. Clapham Common, Clapham High Street and Balham High Road are all within walking distance.

If you're thinking of buying, selling, or letting a property then 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.

Wednesday, 22 October 2014

More than meets the eye. Four bedroom Brixton buy-to-let opportunity

This four bedroom flat in Brixton has just come onto the market at £450,000. Whilst not the most attractive property from the outside, internally it offers four decent size bedrooms, a galley kitchen and a large reception room making it ideal for letting sharers, and therefore all you buy-to-let landlords!



At the top end of Brixton Hill, the walk to the station is a little more than most would like, but with at least 8 different bus routes running down the hill to Brixton and central London the transport links are significantly better than you may expect. It's rare to come across a four bedroom unit where at least one bedroom isn't compromised and/or a lounge is sacrificed. To get four double bedrooms and a lounge should appeal to tenants and ensure their stay is a happy one. It would comfortably achieve at least £500 per week in the current rental market, offering a yield of 5.8% at asking price.

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.


Record stock, falling prices: why this is the best autumn to buy in Clapham for years

 Walk past any of the estate agents around Clapham Old Town this month and the windows tell the story before I do. There are more boards up ...

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