Page 3 - Articles

Bromley BR1

Somewhat selfishly, I’m delighted that we’ve sold this property for redevelopment. It’s been on my commute for 25 years and frankly, it’s an eyesore! Acquired by a longstanding client as a multi-let commercial investment, permission was secured for extension and conversion to create 11 apartments. We sold the property to a private build-to-rent investor.

Woolwich SE8

A vacant mixed-use freehold at the top of Woolwich; most recently operated as a bookmakers. The property has consent for alteration and extension to form two commercial units and 8 self-contained apartments. We sold the site in 2022, but the buyer decided to pursue other projects instead. We were only too happy to arrange a further sale, and understand the latest owner intends to build-out and retain the investment.

Catford SE6

Despite the recent hike in interest rates, property is an asset class that continues to appeal to investors. Modern socioeconomics suggest a solid future for businesses in childcare and early years education, and investors at all levels have been quick to recognise that. This attractive period building is let to a chain with over 100 day-nurseries nationwide, and generates an income of £68,079 per annum. We sold the investment to an overseas ex-pat family at a NIY of 6.7%.