THE BLACKBOOK: BREXIT woes creates ground floor opportunities in London
BREXIT is back in the headlines pressure on the Sterling has created interesting real estate opportunities in the world capital of luxury: London. Savvy investors interested in entering the London flat market should consider this newly listed 4 unit complex in the ever so popular Chelsea district. Read more below and scroll the bottom for a secure contact form:
London, XX October 2017 ? JLL is offering a rare chance to purchase a collection of four apartments within a period building, including the Freehold, in Walpole Street, prime Chelsea. On the market for £3,950,000, it is an interesting investment opportunity, with refurbishment potential and possible long-term capital appreciation.
The four self-contained apartments have been successfully rented out for many years, and three of the four are currently rented out on AST?s, with the upper maisonette vacant. Tim des Forges, Director of Residential at JLL, comments: ?This conversion in Walpole Street is a great opportunity for an astute buy-to-let landlord looking to expand their portfolio with an unbroken freehold conversion in this ever popular area. With tenants in situ, the new owner can either continue ?as is? or refurbish as the flats become vacant in order to maximise returns. Alternatively, it could make a great living arrangement for a family with older children wanting their own space.?
There is a one-bedroom basement apartment (638 sq ft) with street access and its current tenancy ends on the 8th September 20...
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