Wednesday, 12 November 2014

Update on Queenstown Road period flat

Eagle-eyed blog followers will remember me telling you about this 3 bedroom period flat a few weeks ago http://claphamproperty.blogspot.co.uk/2014/10/period-flat-with-excellent-capital.html



In the last 24 hours the asking price has been reduced from £565,000 to £535,000, offering a rental yield of 4.4%. The demand for period properties, ongoing regeneration of Nine Elms, and the Northern Line extension to Battersea all bode well for future capital growth prospects, and this is where you'll really see a return on your investment. 

To maximise your future profit I'd suggest testing the water with an offer below the £500,000 stamp duty threshold.

If you're thinking of buying, selling or letting and want a second opinion with no obligation, give me a call on 020 3397 2099 or email kevin@xandermatthew.com.

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