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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.

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EXLA London Featured Properties

Brixton Road, SW9, 2 Beds – £425,000

In fantastic condition throughout, this two bedroom apartment is located on Brixton Road, just a short walk from Brixton, Oval & Stockwell stations. Featuring private, gated parking. An ideal first-time purchase or investment.

Hillery Close, SE17, 2 Beds – £349,995

A well-sized two-double bedroom apartment residing on the top floor of a two-storey building just a short walk from Elephant & Castle and the amenities of Old Kent Road. An ideal investment or first-time-purchase.

Cosser Street, SE1, 1 Bed – £399,995

Located moments from Lambeth North Station and lively Waterloo, this spacious one bedroom, ground floor apartment enjoys wooden flooring, a private garden and a separate fitted kitchen.

Lindley Street, E1, 1 Bed – £300,000

An ideal investment opportunity, this one bedroom apartment is ideally located for the upcoming Crossrail links from Whitechapel, as well as underground and night bus services into the city.

Brabazon Street, E14, 2 Beds – £315,000

A sixth-floor, two double bedroom apartment suitable only for cash buyers, offering a fantastic rental yield with easy access to Langdon Park DLR.

Gill Street, E14, 2 Beds – £399,995

Moments from the DLR, with a private balcony offering stunning skyline views, this spacious two double bedroom, top-floor apartment is a must see. With unparalleled transport links.

The Quarterdeck, E14, 1 Bed – £275,000

With stunning views of the financial district, this spacious one bedroom apartment is in excellent condition has a private balcony, secure entry, and is a moment’s walk from the river. Ideally located for the shops, bars and restaurants of Canary Wharf

Vauxhall Street, SE11, 1 Bed – £398,000 – SOLD STC

A stylish and immaculate one double bedroom apartment in a sought-after location adjacent to Kennington Oval. With both Vauxhall and Oval just a short walk away, low service charges and a high-spec finish throughout. Early viewings highly recommended.

Key Close, E1, 3 Beds – £475,000

In excellent condition throughout, this three double bedroom maisonette, moments from Whitechapel (District Line, Crossrail) and Bethnal Green (Central Line), has a private balcony, secure entry and is located in one of E1's most sought-after locations.

Nightingale Vale, SE18, 2 Beds – £200,000

With stunning views across the Thames towards the city, this spacious and light two double bedroom apartment would make an ideal investment purchase, walking distance from Woolwich Arsenal station and upcoming Crossrail links.

Saltwell Street, E14, Studio – £255,000

With stunning views of Canary Wharf, this spacious studio is walking distance from the financial district, moments from the DLR and features a full-length balcony, separate kitchen and stylish shower room. An ideal first-time purchase or investment.

Llanover Road, SE18, 2 Beds – £275,000 – SOLD STC

In excellent condition throughout, this spacious two double bedroom maisonette offers excellent potential for residential purchasers and investors alike. Comprising an expansive eat-in kitchen, spacious and light reception room leading onto a stepped, rear patio-garden with outdoor storage shed, two large double bedrooms, one of which is en-suite, and a fully tiled family bathroom. The property resides on a quiet, residential no-through-road and is walking distance from main-line train links into the city at Woolwich Arsenal as well as a number of convenient bus-routes on the doorstep. The property is offered to the market chain-free.

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Save On Legal Fees

Our carefully selected panel of London solicitors have been hand-picked for reliability, pro-active approach and expertise in dealing with London local authority property leasehold properties.

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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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