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guaranteed rent london| Fulham house prices up 13%

guaranteed rent london| Fulham house prices up 13%

guaranteed rent london

Fulham’s “ultra-gentrification” has sent house prices in the borough soaring 13% in the past year, property consultant Savills said today.

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The surge means that £1 million invested in a Fulham property would have gained £2500 a week over the past year — three times faster than the £845-a-week growth across central London.

Residential research director Lucian Cook said: “Fulham is classic example of an area which has undergone ultra-gentrification, attracting international and domestic buyers who, despite significant wealth, have been priced out of the central London market.

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“Such migration of wealth is being seen from Chelsea to Fulham, Kensington to Battersea and Wandsworth, and from Notting Hill to Chiswick.” The latest surge defies Savills’ expectations for flat prime property markets this year because of factors such as the stamp duty increase on homes above £2 million.

Annual price growth in South-west London stands at 8.5%, well ahead of the 4.4% seen in central London.

Source: http://www.standard.co.uk/business/business-news/fulham-house-prices-up-13-8671315.html

We will regularly inspect your property, to ensure it is well-maintained and that everything is as it should be, ready for when you do get a tenant again. We will also continue to advertise your property, to show it to prospective tenants and to keep you informed every step of the way. And you can relax knowing that all the while this property is empty, you are still guaranteed rent payments and are still receiving a monthly guaranteed rental income.

Contact Guaranteed Rental today on 020 8694 8098 to find out more.

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