Found through our direct marketing, the seller for this property was a landlord, who wanted to sell to an investor to retain the tenant. The buyer was looking to park cash in an investment in London, and astutely identified that an off-market property, secured at a discount, would give a bonus in equity on top of the money she was putting in.
Discount Available: 13%
Property Type: 2 bed flat
Open Market Value: £350,000
Net Purchase Value: £305,150
Equity Bonus: £44,850
Estimated Rental: £1,400
Yield: 5.5%
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