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BUYERS

EXPERTS IN EX-LOCAL AUTHORITY PROPERTY

If you are considering buying an ex-local authority property in London, register your details with us and not only can we show you properties in various locations that fit your budget and requirements, but we can also offer you our expertise and knowledge of ex-council properties. We can advise on mortgageability, common pit-falls, conveyancing issues and more.

The growing demand for ex-local authority properties.

  • Often situated in prime locations in every London borough. Cheaper, larger and often very close to transport links, stadiums, universities and hospitals. Ideal for both buy-to-live or buy-to-let.
  • Never built for profit. Solid build quality, larger rooms built for living - well-located ex-local authority properties regularly achieve rents not dissimilar to those of expensive, private, modern builds.
  • Lower entry price-points mean rental yields far above the London average.
  • Given their layouts and size, many ex-local properties have fantastic potential to convert and add more bedrooms, further increasing the yield and capital value.
  • Local authority freeholders mean low service charges, peppercorn ground rents and protection from soaring overheads often associated with private developments.
  • Since 2014, the prices of ex-local authority properties in certain parts of London have actually risen faster than those in private homes and new-build developments.
  • As right-to-buy continues, more and more flats in council blocks are becoming privately owned, making mortgages easier to obtain, increasing the capital appreciation of your investment as time goes on.

Investors and buyers click here to register

EXLA London Featured Properties

Hampson Way, SW8, 2 Beds – £325,000

This 2 bedroom flat is situated on the 11th floor of a well kept building with concierge, boasting great views toward Canary Wharf and Crystal Palace and is located just a short walk from Stockwell tube station (Northern & Victoria Line)

Rotherhithe Old Road, SE16, 4 Beds – £425,000

Located just moments from Surrey Quays station, this spacious four bedroom, split-level maisonette has a private garden and is offered chain-free.

Bath Terrace, SE1, 3 Beds – £450,000

Ideally located close to London Bridge, this spacious three double bedroom property has a separate laundry room and resides on the top floor of a low-rise, brick-built block in a sought-after location. Offered chain-free.

Millender Walk, SE16, 4 Beds – £400,000

This 4 bedroom split level maisonette is ideal for a growing family or buy to let investor. The property is located just 0.4 miles from Surrey Quays tube station/Surrey Quays shopping centre and is on the doorstep of Southwark Park.

Congreve Street, SE17, 3 Beds – £499,950 – UNDER OFFER

A remarkably spacious three double bedroom maisonette with private entrance, huge garden, and located just a short walk from London Bridge and Elephant & Castle. Offered Chain-free.

Rephidim Street, SE1, 3 Beds – £450,000 – UNDER OFFER

A three bedroom maisonette with private garden in SE1, situated on a quiet street within walking distance of Borough and London Bridge Stations.

Dacre Park, SE13, 2 Beds – £349,995

Residing on a quiet, residential road just a short walk from Blackheath, this spacious two double bedroom apartment offers a fantastic opportunity for first-time-buyers. With secure entry, low service charges and a long lease. An ideal first home.

Hotspur Street, SE11, 3 Beds – £450,000

A fantastic three bedroom split level apartment with fantastic views, located in the heart of Kennington, close to the bars and restaurants and just a short walk from Kennington tube station.

Dartford Street, SE17, 2 Beds – £300,000

A split level 2 bedroom flat that’s been refurbished throughout on the 4th and 5th floor of a well kept building, the property benefits from two balconies and is located moments from Kennington and Elephant & Castle stations.

Picton Street, SE5, 3 Beds – £325,000

Newly refurbished, this spacious three bedroom maisonette features off-street parking and a front and rear garden. Residing in a low-rise block close to popular Camberwell Green. Offered chain-free.

Congreve Street, SE17, 3 Beds – £480,000 – UNDER OFFER

A fantastic split level maisonette that's over 900 Sq Ft, with its own private entrance, large private garden, bright reception room, separate kitchen and three double bedrooms. The property is located close to Elephant & Castle and the huge regeneration that's going on there, along with Tower Bridge a short walk away.

Mayville Estate, N16, 4 Beds – £499,950

A truly massive four double bedroom, second-floor apartment with almost 1000 sq. ft of living space, private balcony, and spacious eat-in kitchen. Just a short walk from Dalston, Newington Green and Highbury & Islington. An ideal investment opportunity.

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    Independent Mortgage Advice

    We work with expert independent mortgage brokers with a proven track record in achieving mortgage offers on ex-local authority properties, with access to a unique network of high street lenders and private banks, who can provide specialist advice, tailored to your needs.

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