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EXLA London is an estate agency that specialises in selling, letting and managing ex-local authority properties.

With the average property price in London around £500,000, the smart money is investing in ex-local authority properties as they continue to rise in popularity.  Not only because they offer the best value per square foot, but because ex-locals were not built for profit like new-build apartments, therefore you get a better build quality, solid brick walls, larger rooms, more storage and separate kitchens. As a buy to let investment, the lower price entry point, increasing demand from tenants and higher than average rental yields make them the right option for a proficient investor.

We are located in Central London, cover the entire Capital, and have years of experience in selling all types of ex-local authority properties, from regular low rise buildings in sought after locations, to high-rise or unmortgageable properties that require a bit more expertise.

We would love to hear from you if you would like to find out more about the benefits of buying an ex-local authority property, or if you’re a seasoned investor or hedge fund looking for guaranteed, high-yield returns from day one.

0% Sell your property without paying any fees!

Our sales team are experts in selling all types of London ex-local authority properties, from high-value blocks to those with mortgage difficulties or major works bills.

Selling an empty property? We can generate an income while the property sells. Giving you added peace of mind all the way to exchange, while ensuring a warm, lived-in, marketable home with a proven income.

Need a quicker sale? Open your property up to a different audience with our nationwide online auction coverage, you can find more information by visiting our auction page.

0% Rent your property without paying any fees!

For landlords, we have a completely different approach to lettings. Our professional, managed room-letting service can increase your returns by, on average, 25% over the course of a year. With a full management service included, our clients can sit back and relax with confidence.

Want your rent guaranteed, every month, with no void periods or fees?... We can rent your property directly from you immediately at market value. There are no fees to pay. We can offer long or short-term contracts to suit your situation and we fully manage the property for the duration of the contract.

Increase your income…  With our experience, we can help you to earn more from your property with our managed room-letting service. We can manage the entire process on your behalf for a monthly fee.

To find out more about our lettings services, give us a call on  0203 328 0377 or visit our landlord page.

Looking to rent? We offer flexible, managed room lets for professionals.

For tenants, we offer fully-managed, flexible long or short-term accommodation in sought-after areas of London. With all bills included, high-speed Wi-Fi available in every property, free cleaning services and a 24-hour maintenance team. We’ve helped hundreds of professional tenants to settle into London, we don’t charge admin fees, and our friendly team will help to guide you through every step of the process.

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EXLA London Featured Properties

Greyhound Lane, Streatham, SW16, 3 Beds – SOLD AT AUCTION

Guide Price = £300,000+

**For Sale By Auction 17th September 12:00 PM To inspect the legal documents for this property please call us for more info 020 3328 0377**

 

This 3 bedroom flat with terrace is situated just moments from Streatham Common and just 0.3 miles from both Streatham and Streatham Common stations. The property has been recently refurbished and the building itself has recently had external works to include a new roof.

Wyndham Estate, SE5, 4 Beds – £2250pcm – LET

Residing on the top-floor of a quiet, residential building just a moment’s walk from Burgess Park and the shops, bars and restaurants of Camberwell Green. The property has just been fully refurbished to a high standard, and is fully furnished with brand-new furniture throughout, all rooms are good doubles, with one enjoying a private balcony, with a brand new fitted kitchen with all new appliances, a family bathroom suite and separate WC. The property is available from next week and would make an ideal home for sharers. Early viewings recommended.

Windmill Road, W5, 4/5 Beds – £4000pcm – LET

Residing on a quiet, residential street just a short walk from transport links into the City, this spacious four double bedroom house features a picturesque and well-kept private garden, spacious and modern, brand-new eat-in kitchen, two bathrooms, and a spacious reception that can be used as a fifth bedroom. Newly refurbished to an impeccable standard, the property features LED lighting, fully integrated audio-visual connections throughout, privacy windows and is offered fully furnished to a high standard. With Piccadilly Line links from Northfields just a short walk away, as well as overground links from Brentford. this would make an ideal home for a family, or sharers looking for a high quality home. Early viewings highly recommended.

Kingswood Close, SW8, 6 Beds – £3750pcm – LET

Rare to the market, this stunning, newly refurbished six double bedroom, end-of-terrace house resides on a quiet cul-de-sac, with off-street parking and is located just a short walk from sought-after Lambeth Road, with Vauxhall (Victoria Line) and Stockwell (Northern Line) both just a short walk away. The property comprises spacious open-plan reception/kitchen leading directly to a large private garden, two bathrooms, 2 WC’s, study, and six double bedrooms, this would make a fantastic home for a group of sharers. Just moments from the bars, restaurants and shops of Lambeth Road and with numerous transport links close by, along with Oval cricket ground and Vauxhall Park. The property is available immediately. Early viewings recommended.

Camberwell Grove, SE5, 3 Beds – £2200pcm

A large and well kept 3bedroom, ground-floor maisonette with a private, patio garden and large eat-in kitchen. Residing on a tree-lined residential street in the heart of popular Camberwell Green, the property is offered fully furnished, with laminate wood flooring throughout the ground floor. Comprising an expansive kitchen/diner, huge reception with double-doors opening onto a bright patio to the rear, two large double bedrooms, one single bedroom, study and a large bathroom suite. With over-ground transport links just a short walk away at Denmark Hill, as well as the numerous shops, bars and restaurants of Camberwell Green, this would make an ideal home for either a family or group of sharers. Available immediately.

Glenfinlas Way, SE5, 3 Beds – £425,000

Residing just moments from Kennington Park, this spacious three bedroom maisonette offers a fantastic opportunity for both investors and residential purchasers looking for an easy commute to the city, with northern line links from Oval just a short walk away. Comprising spacious eat-in kitchen, large reception with an abundance of natural light, two large double bedrooms, single bedroom, family bathroom suite and separate WC, the property has low service charges and would therefore make a fantastic buy-to-let investment in an area that is always popular with renters. With a private balcony, and offered to the market chain-free. Early viewings highly recommended.

Rainsborough Avenue, SE8, 3 Beds – £1900pcm

Offering spacious accommodation throughout, this three/four bedroom maisonette features a private balcony and is offered ether furnished or unfurnished. Comprising large eat-in kitchen, spacious reception (can be used as a fourth bedroom) with private balcony, three upstairs bedrooms, bathroom suite and separate WC. Just a short walk from the river and with Surrey Quays overground close by, this would make an ideal home for sharers looking to be striking distance from the city. Available immediately.

Limehouse Causeway, E14, 2 Beds – £350,000

A well-presented two double bedroom apartment, ideally located for commuting to the financial district or the city. With a secluded private garden, the apartment offers spacious accommodation throughout, comprising separate fitted kitchen, large reception with double doors opening onto the garden, two large double bedrooms and a family bathroom suite. With copious storage throughout and offered to the market chain-free, this would make an ideal rental investment or first-time-purchase. Residing in a low-rise, brick-built block just a moment’s walk from Westferry DLR (7 minutes to Bank, 2 minutes to Canary Wharf), and with the many shops, bars and water-front restaurants of Canary Wharf just a short walk away. Early viewings highly recommended.

 

Yield Breakdowns:

 

Standard Let:

Gross Annual Income – £19,200 (£1,600 pcm)

Net Annual Income – £15,686 (after fees, service charge, ground rent)

Gross Yield – 5.5%

Net yield – 4.5%

 

 

EXLA Managed Let

Gross Annual Income – £26,400 (£2,200 pcm)

Net Annual Income – £19,384 (after fees, service charge, bills, council tax, ground rent)

Gross Yield – 7.5%

Net Yield – 5.5%

 

 

EXLA Guaranteed Rent

Gross Annual Income : 19,200 (£1,600 pcm)

Net Annual Income : £17,990 (after service charge, ground rent)

Gross Yield – 5.5%

Net Yield – 5.1%

 

 

(Yields calculated on a purchase at asking price. Figures are based on estimated overheads. Contact us for a full breakdown.)

*Based on an assumed letting fee of 10% + VAT

Seyssel Street, E14, 3 Beds – £375,000

Ideally located just moments from Island Gardens DLR and a short walk from Canary Wharf, and Greenwich, this stunning split-level maisonette offers a fantastic opportunity to secure a stylish home in the heart of the Isle of Dogs. With high-spec fittings throughout, the property features high-quality wood flooring, double-glazed windows throughout with bespoke fitted blinds, a sleek and modern kitchen, bathroom suite with bath and walk-in shower, separate downstairs WC, ample storage throughout and a 180+ year lease. An ideal first home or rental investment, the property is offered with existing furnishings included and could be moved into immediately. Located on the top (3rd and 4th) floors with a private balcony overlooking leafy gardens, the apartment resides in a low-rise building in a quiet, residential location just moments from the amenities and woodlands of Mudchute Park and Farm. With easy DLR links into the city (4 stops from Canary Wharf; 18 minutes to Bank), and a large Asda just a short walk away. The property is offered to the market chain-free. Early viewings highly recommended.

Elmington Estate, SE5, 3 Beds – £350,000

Located on the 2nd and 3rd floor of this well-maintained block of twelve flats, this spacious three double bedroom maisonette offers a fantastic opportunity for investors and residential purchasers alike. Comprising spacious entrance hall with storage, a huge, light reception leading to private balcony, separate eat-in kitchen, two large double bedroom and a smaller double bedroom, family bathroom and separate WC. Residing in a corner plot on the upper floors, offering privacy and quiet, the property benefits from a multitude of transport options on the doorstep with Elephant & Castle just 10 minutes away by bus, and with underground links from Oval a short walk away. This would make an excellent, high-yield rental for the discerning investors, or an ideal family home for residential purchasers. The property is offered to the market chain-free. Early viewings highly recommended.

Estimated Yields :

Standard Let:

Gross Annual Income – £21,600 (£1,800 pcm)

Net Annual Income – £17,798 (after fees*, service charge, ground rent)

Gross Yield – 5.8%

Net yield – 4.7%

EXLA Managed Let

Gross Annual Income – £31,200 (£2,600 pcm)

Net Annual Income – £23,608 (after fees*, service charge, bills, council tax, ground rent)

Gross Yield – 8.3%

Net Yield – 6.3%

EXLA Guaranteed Rent

Gross Annual Income : £21,600 (£1,800 pcm)

Net Annual Income : £20,390 (after service charge, ground rent)

Gross Yield – 5.8%

Net Yield – 5.4%

(Yields calculated on a purchase at asking price. Figures are based on estimated overheads. Contact us for a full breakdown.)

*Based on an assumed letting fee of 10% + VAT

Gee Street, EC1V, 1 Bed – £449,995

This spacious one double bedroom apartment has been well looked after by the current owner and ideally located for city professionals. Residing in an iconic ex-local authority building in Gee Street, the property is just a short walk from a choice of underground lines at both Old Street and Barbican, as well as future Crossrail links at Farringdon Station nearby. Enjoying a quiet location just moments from a plethora of restaurants, shops and bars, this would make both an ideal residential purchase and rental investment. Comprising entrance hall with built-in storage, large double bedroom, spacious and light reception leading to a private, south-facing balcony, a separate eat-in kitchen and a fully tiled bathroom suite. Parmoor Court features private communal gardens for residents and resides in a sought-after, central location. Early viewings highly recommended.

Manor Road, N16, 3 Bed – £475,000

This spacious and bright, three double bedroom apartment has been lovingly cared for by the current owners and is in immaculate condition throughout. Residing on the third floor of a low-rise, brick-built development in a leafy, residential setting. Just a short walk from both Clissold and Abney Parks, and with trendy Stoke Newington Church Street and transport links from Stoke Newington Station both within walking distance, the property would make either a fantastic investment or residential purchase. Comprising entrance hall, bright reception room with private balcony, large separate fitted kitchen, three double bedrooms, family bathroom suite and a separate WC, the property comes with a long lease length and low service charges. Early viewings highly recommended.

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