Looking beneath the bonnet

Last week I was offered a commercial deal, shop and uppers as they are known.This property has a beauty salon, with two flats above it.It’s producing a return of £36K, giving a yield of 6.5%.

Buying & Selling Money

Currently, many 5 year fixed BTL rates are below 2%; but this week they are expected to increase. They still represent excellent value, together with security. Rarely do these two attributes go together, but you have them now.

Finally, we exchanged on a small deal in South East London. The property is a three bedroom semi, about 30 seconds away from the new Crossrail, which means it will take only 11 mins to reach Canary Wharf and 25 mins to reach Bond Street. This...

We have been researching an area in South East London, for which we have compiled an 18 page report. In short, we think property in this area will grow massively over the next five years. Crossrail is coming into the area in December this year,...

Last week, I took the trouble to go down to Battersea to check the local environment of a small deal we are about to do, on behalf of our client.

We are currently going through the paperwork on a deal we have placed. There is an imposed time pressure by the seller.

It’s rare nowadays to get deals on a plate. There is too much information available about the market. It takes only a few minutes to ascertain the value of a flat in a block. You look at what the past sales were, which is readily available.

Many years ago, a wealthy uncle from Kenya told me money has no friends or family. As time has gone on this saying, unfortunately, becomes more and more stronger in my mind with the evidence it gathers. 

On Saturday, I showed a couple a property in Maida Vale. The property is cheap relative to the area, and we have managed to get a discount on top.

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