Investment property of the month

1 Bed apartment to buy in award winning Beaufort Park scheme

Undoubtedly one of London’s major regeneration success stories, the rise of Beaufort Park as a smart new residential address in Colindale, proves there are rental hotspots that still provide good yields and long-term growth even in Zone 4.

One bedroom apartments to buy at Beaufort Park are in short supply so we will no doubt get a good response for this recommended purchase.

Beaufort Park has become a popular destination for working professionals who like the convenient commute into the City in less than 30 minutes. It offers a sophisticated lifestyle in apartments that features the same central-London quality as other schemes built by developer St George.  Additional benefits include residents’ facilities such as a Spa, Gym and Pool situated on-site which are a great benefit to renters. Good local amenities are easily reached within short walking distance including Colindale Underground station on the Northern line, just a few minutes away on foot.

Residents benefits at a glance

– 24-hour Concierge & Lifts

– Residents’ gym, swimming pool, spa and Jacuzzi on-site

– Underground parking

– Tesco supermarket, restaurants & nursery on-site

– Colindale Tube station less than 1 minute away

– Mill Hill Broadway British Rail to Kings Cross in 15 mins

– Brent Cross shopping centre – two Tube stops

– Hampstead – three Tube stops

– Tube to Bank Station 28 minutes

– M1/M25 motorway – 10 minutes by car

The investment details

– Purchase price £300,000– Fifth floor

– 1 Bedroom

– 1 Bathroom

– 418 Square Feet (approx.)

– Underground parking
– Lease length 998 Years (from 2004)

– Service Charge approx. £2,096 per annum

– Ground Rent approx. £250 per annum

– Yield 5%

Rental demand at Beaufort Park
Landlords can expect to have their apartments rented out very quickly as demand is high with waiting lists not uncommon. Our branch on-site at the development regularly let properties in under a week and rental yields are a respectable 5% which compares favourably with the central London average of 2.5%.

If you are interested in further details about this property,
contact our London sales team.

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About the Author

A board director since 2001, Marc oversees the company’s London rentals operation as well as marketing and developing strategies for new business. He has been instrumental in the company’s expansion, working closely with managing director Anita Mehra to develop its core services and frequently co-hosts property seminars for investors in many international locations. Read more about Marc von Grundherr here - Read full profile

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