London buy-to-let apartments just 17 mins from Victoria from only £233,000

Investment Details
Price: £233,000
Beds: 1 - 2

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  • Boutique development in sought-after location, overlooking historic Mitcham Cricket Green
  • Situated in London Borough of Merton, close to Wimbledon and just 7.2 miles from London’s West End
  • Just 17 mins by train to London Victoria and 25 mins to St Paul’s in the City
  • CBRE puts Merton as no.1 London borough for buy-to-let investments in 2015, with 33.8% rental growth expected over the next five years
  • Rental yields of up to 5.35%, well above London average

Key Investment Drivers

  • Location: Located in SW London, close to 6 out of 10 of Britain’s most expensive neighbourhoods
  • Affluence: Mitcham has 6th highest concentration of streets in the UK with properties worth over £1 million
  • Capital Appreciation: Zoopla puts Mitcham in the UK’s top 20 for house price increases every year since 2009
  • Ripple Effect: Huge rental demand from those priced out of neighbouring areas, such as Wimbledon & Tooting
  • Employment: 2,500 workers based at the trading estate less than 1 mile away
  • Investment: 6 million pounds currently being invested into Mitcham Town Centre regeneration project
  •  Education: 8 universities within a 10 mile radius

The development

  • 46 one & two bed designer apartments priced from £233,000
  • Private off-street parking space included
  • 999 year leasehold
  • Completes Feb 2016