Tuesday, 9 May 2017

Welling Investment Property of the Week - 9th May

Marketing Price - Offers in Excess of £280,000
Expected Rental - £1150pcm
Rental Yield at Asking Price - 4.9%

Unless you have been living under a rock you'll know that Crossrail is coming to SE18 within in the next 12 months. 

The upturn in the market, and prices, in the area in recent times has been nothing short of extraordinary, and whilst some may argue investors in to the area have missed the boat, prices are still likely to rise considerably in the near future, and therefore buying in SE18 should be a wise investment. 

The private garden makes this Victorian conversion more appealing to potential tenants

Period property in London is what sells, and what holds its value, and appreciates in value, the most. This two bedroom Victorian conversion has a private garden to the rear, unusual for other properties of this style, and a long lease. Whilst not immaculate throughout, it is generally in very good order, and certainly more than adequate for the rental market. 

With Crossrail likely to see further price rises in the area, and an influx of potential new professional tenants in to the area, it isn't unthinkable that you will not only see significant capital growth over time, but a jump in the sort of rent you can command as well. 



If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ. There is plenty of parking and the kettle is always on.

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