Sunday, 1 June 2008

Investment Opportunity - London, United Kingdom (£239,999)

Property in the United Kingdom has always been a good investment, but the best returns have always been experienced in the capital, London. Reasons for this include a rampant Rental Market due to the steady influx of Foreigners, Low interest rates & steady growth for the past 10 years.

But now London finds itself in a Buyers Market which bodes well for the informed investor. One such 'Buyers Opportunity' includes the following property that is up for sale:

The Property is situated in the South West of Central London in an area called, Southfields. 

(Click HERE for the location)

Details of Property: 

This newly decorated bright and attractive two bed roomed first floor flat in Southfields features a modern open-plan reception room/kitchen with a stylish interior. 

The property further comprises of two well proportioned bedrooms, a newly installed bathroom and ample storage space in the hallway. Situated on Bell Drive, Southfields the green open spaces and woodland walks of Wimbledon Common and Putney Heath are within easy reach, whilst the shops, bars and restaurants of Southfields are also nearby. 

The nearest station is Southfields Underground station that is a 12min walk away (District Line), which provides regular services to central London and London Victoria (for Circle and Victoria lines and British Rail services to Gatwick Airport). Regular bus services (2 every 10mins) also stop nearby that’s travels to Putney town centre within 5 mins.

Features of the Property: 

  • Totally re-furbished in July 2007
  • New combination Boiler and Central Heating Network (Boiler under warrantee)
  • Integrated fridge & freezer (under warrantee)
  • Newly installed Oven, Hob and Extractor Fan (under warrantee)
  • Newly fitted Bathroom
  • Two big hallway storage cupboards
  • Main Bedroom build-in cupboards
  • Ample free off-street parking
  • Flat is sold fully furnished !! 

Financials of Property: 

  • Potential rental income: £1050 - £1100/calendar month
  • Service Charge: £450/calendar year
  • Lease: 107 years remaining

If you require more information on this property, please contact me HERE