River Wandle Apartments-London
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Investment property in Sutton – London buy to let
River Wandle Apartments is a new luxury development located in the leafy suburb of Hackbridge in Sutton. Residents can enjoy an easy 9-minute stroll to Hackbridge train station, which is well-served with direct links to London Victoria and London Blackfriars in 25 minutes and 29 minutes respectively.
Key Figures
£190,000Starting Price
5.4%Net Yield
Q4 2018Completion Date
Investment Details
Buy to Let Property in Sutton – Good for Capital Gains
The population of Sutton has been increasing as the area becomes more and more desirable. Between 2001 – 2011 the local population increased by 5.77% and a further 2.88% by 2014. Between 2015 and 2025 the population is expected to grow by a whopping 9.8%, or the equivalent of 20,000 new residents. In 2016 it was voted as one of the top five happiest places to live in London.
Due to the increase in population, and the fact that London is experiencing a “ripple effect” in property prices, house prices in the area have experienced phenomenal capital growth. In the past year alone, they have risen by 15.48%. People have become increasingly attracted to living in the suburbs in pursuit of more affordable housing. Rents in London are predicted to rise by 24.5% in the next five years, and Sutton is in the perfect position to capitalise on that due to excellent transport links, good schools and healthcare facilities and a green, leafy environment.
Investment Fundamentals – Buy to Let Property in Sutton
- Invest from £190,000.
- Excellent capital growth prospects
- Located in leafy London suburb with excellent transport links
- Rents projected to increase by 24.5% in the next five years
- Luxurious interiors
- Short walk to Hackbridge train station
Enquire today to discover how you can take advantage of the rental growth prospects in London.
Although River Wandle Apartments has now sold, we still have investment opportunities in London for you to browse.
The Numbers
Ground Rent:N/A
Number of Units:Sold out
Service Charge:N/A
Prices:From £190,000
Leasehold:250
Furnished apartments with high specification. Please contact one of our experts today to learn about our other similar opportunites that we have.
Property now sold.
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