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Better Than Average!

21st Jun 2013

With Rightmove reporting that the average house price in the UK has broken the £ ¼ million milestone for the first time, there is still the chance to buy a value-for-money property at an even lower asking price in Stanmore

Preston Bennett has four such homes for sale that offer potential homeowners and investors a great opportunity to buy property in this sought-after area of Greater London.

On the flagship Stanmore Place development built within the last two years by Berkeley Group/St. Edward Homes on Honeypot Lane, is a spacious 1-bedroom second floor apartment in Victoria Court. A Docklands-lifestyle is reflected not only in the attractive lake with water features that has been created, but also in an on-site gym and a 24/7 concierge service. The large open-plan lounge/dining/kitchen area leads to a balcony on which to enjoy the outside space, with a good sized bedroom and bathroom completing the accommodation. Canons Park Underground station on the Jubilee Line is a short walk away. Priced at £237,500.

Three other apartments, located close to the centre of Stanmore, are very much properties that would appeal to Buy-to-Let investors – with yields also averaging 5 to 5.5%. 

A 2-bedroom second floor flat in Beatty Road is priced at £220,000. In a quiet cul-de-sac it has a large L-shaped lounge and two almost equal sized bedrooms, kitchen, bathroom and separate w.c.  A very handy storage shed comes with the property. It is chain-free!

At the same price is a very spacious 1-bedroom top floor flat at The Seasons in September Way. The lounge and bedroom are bright and airy. It has a fitted kitchen and modern bathroom. There is a separate garage in the block.

For just £195,000 this 1-bedroom top floor flat is in the popular and well-located Stanmore Lodge on Stanmore Hill. Comprising an L-shaped lounge, bedroom, kitchen and bathroom it also has a separate garage.

The rise in average prices over the first half of the year is an indicator of perceived market value and a significant upward trend. To arrange to view these ‘better than average’ homes, please contact Preston Bennett on 020 8954 0044, e-mail: residential@prestonbennett.co.uk or visit www.prestonbennett.co.uk

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