Here’s the latest in our popular blog series showcasing the best discounts and rental yields in London. According to Rightmove, asking rents in the capital are at an all-time high with a record year-on-year increase of 8.2%; as demand for realistically priced and well-presented properties continues to outstrip supply.
Many believe this is a good time to buy because of the opportunities that exist in a subdued sales market – many developers are offering significant discounts, some sellers are keen to move and accepting lower offers, and the weakness of Sterling makes purchasing UK property much cheaper for overseas investors.
If any of these properties below are of interest to you or if you are looking to buy or sell a property in London, do get in touch. We will be happy to set up a no-obligation valuation or just provide the latest information on opportunities available now.
1 bed first floor apartment
Asking price: £380,000
Rent: £1,517 per month
Yield: 4.79%
Deal Price: £365,000
Deal Yield: 4.99%; Discount: £15,000 Click here to view full details
Philip has been working within the property industry for 15 plus years with experience gained across several different divisions of property sales. In his role as Manager of New Homes and Residential Development, Philip specialises in driving business for off-plan sales and new homes to achieve the investment goals of many domestic and international clients. - Read full profile