Marc von Grundherr, Director at Benham & Reeves provides a market update at Kidbrooke Village by Berkeley Homes in the Royal Borough of Greenwich.
The competitive pricing of Kidbrooke Village coupled with the connectivity and quality finish will translate into healthy capital appreciation for investors.
Property prices in the Royal Borough are up 19% over the last 5 years and an impressive 72.3% over the last 10 years.
The convenience and ease of reaching Central London from Kidbrooke is proving to be very popular with corporate professionals and students.
Projected rents at Kidbrooke Village:
Studios up to £1300 per month
1 beds up to £1550 per month
2 beds up to £1850 per month
3 beds up to £2500 per month
The exact rent you can achieve will depend on the size, aspect and time of year, but we’d expect to see yields of around 4-4.5%.
The average rent in the Royal Borough of Greenwich jumped 5.1% in 2020 and benefited from the strongest increase of 0.3% in rental yield.
So, if you’re looking to buy a home or already own one at Kidbrooke Village or anywhere else in London please do
get in touch.
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