Finding value near Heathrow
When it comes to maximising rental, buying well is essential to ensuring a good yield and every investor likes to know they have bought well for the long-term.
Not only that, we love to share potential hotspots with investors who may be in-market, looking for boosting their London property portfolio.
This brand-new Manhattan one bedroom apartment near Heathrow has just come onto the market with a 10% price reduction and we believe it makes a superb rental investment. Here’s all the details:
- 1 Bedroom, Reception, 1 Bathroom approx. £408 sq ft
- Converted building, wood floors, basement car park
- Situated outside the flyover zone
- Near Heathrow Tube and the Elizabeth line (Cross-rail), expected to provide a 38% elevation in house prices
- 20 mins by train into central London
- Already attracting interest from corporates working along the M4 corridor
- Known UK developer
Investment potential
Landlords are expected to see yields of 6.15% gross rental yield from this discounted opportunity. With a high lease of 150 years and a service charge of £1,100 per annum, payable quarterly, this apartment hits all the right spots for a good long-term investment.
This development has been explicitly considered with investors in mind offering high tenant appeal and a great location for getting into central London or onto the nearby M4 where many global firms such as Microsoft, Gillette and Coca-Cola are located.
If this investment is of any interest to you, please email us now and we will make sure to put you in touch with the selling agent.