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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

Kennington Park Road, SE11, 2 Beds – £425,000

Just a moment’s walk from Oval and Kennington stations, this spacious two double bedroom apartment features a private balcony and is in excellent condition throughout. Located opposite popular Kennington Park and offered chain-free.

Peckham Road, SE5, 3 Beds – £350,000

Moments from Camberwell green, this newly refurbished, three bedroom, third floor flat resides in a low-rise, brick built block and is offered chain-free.

Wiltshire Close, SW3, 2 Beds – £650,000

Uniquely positioned on the top floor, this stunningly refurbished two bedroom apartment shares an undemised roof terrace with one other flat. Located in the heart of Chelsea, just moments from Sloane Square and South Kensington stations. Chain-free.

York Hill, SE27, 2 Beds – OIEO £275,000

Priced to sell and offered chain-free, this two double bedroom, ground floor apartment is located a short walk from Tulse Hill station and features a private balcony. An excellent investment opportunity with a strong yield and plenty of potential.

Vauxhall Street, SE11, 2 Beds – OIEO £450,000

Exquisitely refurbished to the highest standard, this genuinely stunning two bedroom apartment features engineered oak flooring, high quality fixtures and is a five minute walk from the river. Walking distance from Vauxhall, Kennington and Oval stations

Stanswood Gardens, SE5, 4 Beds – £395,000

An unusually spacious four bedroom maisonette with two receptions and over 1100 sq. ft of living space. Recently refurbished and a short walk from Camberwell Green, Peckham and the open spaces of Burgess Park. An ideal investment opportunity.

Elmington Road, SE5, 3 Beds – £325,000

Ideal for investors, this recently refurbished, spacious three bedroom maisonette resides on the upper two floors of a low-rise block in the heart of Camberwell Green. With excellent transport links into the city and numerous amenities on the doorstep, offered chain-free.

Mountfield Road, E6, 3 Beds – OIEO £300,000

Residing on a quiet, residential street in a low-rise, well-maintained block, this spacious three double bedroom apartment has been well cared for by the current owner and offers an excellent opportunity for residential and investment purchasers alike.

Lucey Way, SE16, 4 Beds – £425,000

A three-storey, four double bedroom apartment with over 1000 sq. ft. of living space, with separate kitchen, breakfast room, a patio garden, private terrace and a balcony with stunning city views. Offered chain-free and in excellent condition.

Bowling Green Street, SE11, 2 Beds – OIEO £375,000

A fantastic two double bedroom, top floor apartment, residing in a low-rise building just moments from Oval cricket ground and opposite Kennington Park, with three stations close by offering a plethora of travel options.

Gateway, SE17, 3 Beds – OIEO £350,000 – UNDER OFFER

Just a short walk from Kennington and Elephant & Castle, this newly refurbished three double bedroom maisonette offers a great opportunity for investors. Newly refurbished and ready for move-in, offered to the market chain-free.

Lucey Way, SE16, 3 Beds – OIEO £375,000 – UNDER OFFER

Moments from Bermondsey underground, this newly refurbished three bedroom maisonette has two receptions, private garden and a large, private, south-facing terrace. Offered to the market chain-free; an ideal investment opportunity.

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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