Maddox Street Rental Investment
We know how to spot a good deal – we successfully negotiated £350,000 from the asking price in this sought after location, close to a new Crossrail station.
- Price
- £1.9 million
- Date Sourced
- July 2014
- Service
- Investing
- Result
- Good Saving
The Brief
A British investor.
The Challenge
Our client was looking for a prime Central London rental investment in a location that would provide long term capital growth and also be easy to rent out. The property needed to be in good condition and ready to let out.
What We Did
We successfully negotiated to buy this smart 2 bedroom apartment in Mayfair for £350,000 below the asking price, a 15% saving. The property is also within a 5 minute walk of the new Crossrail substation at Hanover Square. The area should see significant uplift in the coming years due to this new major transport link.
A vacant new-build apartment in Mayfair, taken from a full systems survey through an eight-month refurbishment.
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