January is an extremely busy month for the property market. Huge numbers of people seize the opportunity for a fresh start, and finally decide to make the move they’ve been dreaming of. Many also decide to try their hand at something new, whether that’s letting their property out or purchasing a buy-to-let investment.
We've put together a list of sought-after new homes and the rental yields they are likely to achieve*. They are currently on the market with corporate tenants ready to occupy the properties, and come with a rent guarantee option available.
If you’re interested in any of the properties featured, please give us a call on 0207 099 4000.
1. The Lexicon, City Road, EC1
Prices from: £715,000
Rent: £480 pw | Yield: 3.5%
The Lexicon is a three-storey high, stunning new development, with a sought-after location alongside Regent’s Canal, just moments from vibrant Upper Street in Angel and the popular Shoreditch area. The development offers 146 one, two and three bedroom apartments, plus a spa, lounge, unrivalled views, and 24-hour concierge.
2. Pickstock Court, Gray’s Inn Road, WC1X
Prices from: £625,000
Rent: £475 pw | Yield: 4%
A creative and unique development situated on Gray’s Inn Road, moments from both Russell Square and King’s Cross. The development will be home to nine stunning apartments, and comes with its own underground car park and landscaped communal gardens.
3. Plimsoll Buildings, Handyside Street, N1C
Prices from: £740,000
Rent: £475 pw | Yield: 3.3%
The desirable Plimsoll Buildings are set alongside Regent’s Canal, an accessible and convenient area in terms of transport. Residents will be able to enjoy all the facilities and amenities that are included within the plans, including a state of the art gym, roof top gardens with amazing views and concierge services.
4. The Landau, Farm Road, SW6
Prices from: £1,215,000
Rent: £775 pw | Yield: 3.3%
The Landau is a prestigious development on Farm Lane in Fulham, surrounded by a variety of local fantastic neighbourhood amenities, ‘Outstanding’ schools and great transport links. The building has 89 individually designed one, two and three bedroom apartments and penthouses.
5. Guilford Street, WC1N
Prices from: £935,000
Rent: £550 pw | Yield: 3.1%
Set in the heart of Bloomsbury, one of London’s most historic and charming areas, investing in property on Guilford Street ensures capital growth and reliable tenants. The location is ideal, moments from Russell Square and King’s Cross stations, which attracts both professionals and international students. Plus, with the huge regeneration scheme going on in King’s Cross - and a number of companies moving into the area including the new Google HQ - the area is sure to increase in popularity.
*Potential investors should satisfy themselves that any property acquisition meets their requirements and should take independent professional advice regarding the achievability of the rental yield and the value of the property itself. Rental yields quoted here are indicative, not guaranteed and may be lower if the property does not achieve continuous occupancy.