One of our strategic business initiatives at Benham and Reeves has been the positioning of branches in some of the most sought-after property developments in London. Having nurtured long-standing links with major UK property developers such as Barratt London and St George, we recognise that new build apartments offer a convenient lifestyle option and being on-site enables us to provide an on-the-spot-service to both buyers, sellers, landlords and tenants.
New build apartments and houses are a far cry from the misguided urban planning efforts of yesteryear. Even smaller developments routinely feature the combination of outstanding architecture and amenities that is essential for attracting high-quality residents and healthy rental yields. Low maintenance and proximity to transport links are also major plus points for most of these new apartments.
Resale properties that are a few years old also make a good investment. These still benefit from the quality build and location and often come with a rental history making it easier for investors to know exact yields and rental which can be achieved.
Whether you are looking to buy off-plan or want to buy something 1-2 years old in a new development, talk to us, we will be able to introduce you to great investment properties, some of which will not even be available via portals or other agents.
Handsome modern architecture and carefully restored Grade II listed buildings combine to make Royal Arsenal Riverside an ideal base for corporate professionals wishing to rent in London. Located slightly downriver from Docklands, this new property scheme has commanding views of the Thames and enough space to accommodate coffee shops, a restaurant and two grocery stores.
..Marc von Grundherr, Director at Benham & Reeves give a market update at The Green Quarter, one of London’s most ambitious regeneration projects by Berkeley Homes in the west London Borough of Ealing. [embed]https://www.youtube.com/watch?v=OKmLDKoUMPc&feature=youtu.be[/embed] This is an amazing opportunity for investors buying into the vision particularly those who have bought in phase 1. In fact, property prices in the local Borough of Ealing have increased by 68% over the last 10 years! There’s a mature local residential market but as with all of London, there’s an acute shortage of homes. And as The Green Quarter matures, the scheme will attract professionals, couples and young families, thanks to the amazing connectivity, high finish, first-rate facilities and the proximity to nature. Projected rentals Studios up to £1,200 per month One beds up to £1,300 per month Two beds up to £1,750 per month Three beds up to £1,900 per month With yields up to 4.5%, coupled with forecasted capital growth, this is definitely a property development that is going to offer good long term returns. If you want further information on the market, an exact rent on your home or want to talk about the type of tenant we can find for you, please do get in touch.