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Home NewsLandlords NewsInvestment property of the month – Q3 Residence

Investment property of the month – Q3 Residence

Finding value near Heathrow

When it comes to maximising rental, buying well is essential to ensuring a good yield and every investor likes to know they have bought well for the long-term.

Not only that, we love to share potential hotspots with investors who may be in-market, looking for boosting their London property portfolio.

This brand-new Manhattan one bedroom apartment near Heathrow has just come onto the market with a 10% price reduction and we believe it makes a superb rental investment. Here’s all the details:

  • 1 Bedroom, Reception, 1 Bathroom approx. £408 sq ft
  • Converted building, wood floors, basement car park
  • Situated outside the flyover zone
  • Near Heathrow Tube and the Elizabeth line (Cross-rail), expected to provide a 38% elevation in house prices
  • 20 mins by train into central London
  • Already attracting interest from corporates working along the M4 corridor
  • Known UK developer

Investment potential

Landlords are expected to see yields of 6.15% gross rental yield from this discounted opportunity. With a high lease of 150 years and a service charge of £1,100 per annum, payable quarterly, this apartment hits all the right spots for a good long-term investment.

This development has been explicitly considered with investors in mind offering high tenant appeal and a great location for getting into central London or onto the nearby M4 where many global firms such as Microsoft, Gillette and Coca-Cola are located.

If this investment is of any interest to you, please email us now and we will make sure to put you in touch with the selling agent.

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About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents.  With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 19 prominently located branches and 8 international offices.

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