Freephone: 0800 043 6956 Email: info@freshinvest.co.uk
Fresh Invest
Fresh Invest
A great opportunity to pick up some very high specification property that should let very quickly in this market. Dan Chamberlain Director
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In detail
Fresh Invest are delighted to present an opportunity to offer on 4 x 1 bed houses converted from a former warehouse in central Brixton.
Please view the pictures to get an understanding of just how well these houses have been developed!
From an investment point of view these should rent at around £260 per week and the market in this area is strong.
Obviously this is unlike many of our opportunities as there is no discount, however the developer has made it clear that they will entertain offers at below the asking price of £299,950.
To give you an example of potential yields/purchase price.
- 5% yield would represent an offer of £270,400
- 6% yield would represent an offer of £225,333
- 7% yield would represent an offer of £193,142
The Area:
Brixton is an area of the London borough of Lambeth, in inner-south London.It is bordered by Lambeth, Clapham Common, Streatham, Camberwell and Tulse Hill.
Brixton has a mix of residents, ranging from people that have lived in Brixton for years to new residents that have moved prompted by the new "trendy" image that Brixton projects.
