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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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Sales: Preston Bennett is a trading name of Countrywide Estate Agents, Registered in England Number 00789476. Registered Office Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP.

Lettings: Preston Bennett is a trading name of Countrywide Residential Lettings Limited, Registered Office Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP. Registered in England Number 02995024 which is an agent and subsidiary of Countrywide Estate Agents, Registered Office Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP. Registered in England Number 00789476. Countrywide Residential Lettings Limited is regulated by RICS. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority.