Halsey House
Knowledge is power – we successfully rented the property within a week of it coming to the market, resulting in a 3.5% gross yield.
- Price
- £1,150,000
- Date Sourced
- February 2019
- Service
- Buying
- Result
- Good Saving, Market Knowledge, Quick Purchase, Total Service
The Challenge
Our client from Hong Kong was looking to invest circa £2 million into the London property market. They had limited knowledge of the geography and market conditions in central London.
What We Did
We successfully agreed the purchase of this newly converted two bed two bath apartment located on a garden square in WC1 at £100,000 less than the asking price. The property provides good potential yield due to high demand for rental apartments in the area from a number of University students and law professionals studying and working locally. This is one of two properties purchased by our client. We advised them to split the budget for the investment into two properties, rather than one, providing diversity of investment and better rental prospects. The property is also two bed, two bath, a bonus considering most other new build or newly converted flats in the area at this price are one beds. We will be managing the properties on an ongoing basis, providing an end to end service from purchase through to management when the tenants are in-situ.
A vacant new-build apartment in Mayfair, taken from a full systems survey through an eight-month refurbishment.
Mount Street
Mayfair, W1
Eight months
Our clients were looking for a London home they could use when visiting from the U.S.
Linden Avenue
Kensal Rise, NW10
£1,900,000
Our clients’ primary residence is in North America, but they travel regularly to the U.K. for leisure and to spend time with family. They were looking…
The Whiteley
Queensway, W2
Confidential (in excess of £10,000,000)