Our clients had acquired their own home in London but wanted to start an investment portfolio and were recommended to us. Having discussed their investment goals, we showed them our investment thesis and the areas we currently think will outperform in the coming years.
The thesis is based on proven factors that have historically caused significant price rises in London, so while there are never any guarantees, the probability is that these areas will do significantly better than mainstream analysts expect.
Of course, one still has to remain patient and be selective. We spoke to over 100 estate agents and our list of 500+ off-market contacts over several months before we found the right opportunity: a two bedroom apartment with an exceptional reception room that has floor to ceiling windows and French doors leading onto a terrace. The ceiling height is 3.5m.
There is also a terrace to the rear of the property that has open views as do the two bedrooms.
While we managed to acquire this for a significant discount, the more important factor from an investment perspective will be the compounded effect of the outperformance in capital growth over the coming years.
Indeed, as the property was acquired for such a good price and rented so easily, these clients have now asked us to find them their next home.
If you are planning to acquire a home or investment property and would like to discover more about the key aspects you need to focus on, simply email dee@mercuryhomesearch.com or call 02034578855 (+442034578855 from outside the UK).
