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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

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

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

Picton Street, SE5, 3 Beds – £335,000

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.

Camberwell Road, SE5, 3 Beds – £375,000

This beautifully presented three bedroom, fourth floor apartment is in impeccable condition throughout and boasts a large, bright reception room, separate fitted kitchen, recently updated family bathroom and three good sized double bedrooms. The property is located close to Camberwell Green and the recently regenerated Burgess Park. Elephant & Castle tube station is also within easy reach.

Beckway Street, SE17, 3 Beds – £400,000

A top-floor, split-level three bedroom maisonette with a private balcony, located a short walk from Elephant and Castle and Camberwell.

Marchwood Close, SE5, 3 Beds – OIEO £375,000

A stunning three bedroom, ground floor maisonette in a quiet, residential location in the heart of popular Camberwell, with a picturesque rear garden, private entrance and in immaculate condition throughout.

Woodseer Street, E1, 4 Beds – £525,000

This unusually spacious four double bedroom maisonette has a large, separate kitchen and a spacious reception with private balcony. Located just moments from Brick Lane, Aldgate East, Whitechapel and Shoreditch High Street. Chain-Free.

Kirkwall Place, E2, 1 Bed – £325,000

A spacious and immaculate one double bedroom apartment on the third floor of a low-rise block with Bethnal Green underground just moments away. An ideal first time purchase with low service charges and running costs. Chain-free.

Patmore Estate, SW8, Studio – £285,000

A ground floor studio apartment with its own private entrance, separate fitted kitchen, front garden and balcony. Close to Nine Elms Underground (from 2021). Offered chain-free.

Neckinger Estate, SE16, 3 Beds – £425,000 – UNDER OFFER

Just a short walk from Bermondsey underground, this spacious three double bedroom maisonette has a large separate kitchen and private balcony. Offered chain-free.

Sceaux Gardens, SE5, 3 Beds – £350,000 – UNDER OFFER

Newly refurbished, this spacious three double bedroom split-level maisonette resides on the second and third floor of a well-maintained building just a short walk from Peckham High Street, Camberwell Green and Denmark Hill Station. Chain-free.

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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