Pinnacle Home Buying Agents
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A stunning 1 double bedroom flat with en-suite. Grove End Gardens. St. John’s Wood.

We have just acquired a stunning 1 double bedroom flat on the ground floor of a prestigious portered block in St. John’s Wood. Grove End Gardens in a highly sought-after address in St. John’s Wood and is within minutes walk of St. John’s Wood station (Jubilee Line) and its’ very fashionable High Street. The Bakerloo Line at Maida Vale is also within easy access to the property, allowing residents to commute easily into the City and Canary Wharf.
This flat is ideally located for professionals commuting to the City while having access to all the luxurious amenities of St. John’s Wood and Regent’s Park. It makes for a perfect invest-ment for owner occupation or an investor.  Contact us for further information on yields.
The property has been recently redecorated and is in complete move-in condition.

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Local Authority & Council Homes - Good Investments?

Investing in Local Authority and Ex-local Authority property often opens a variety of discussions.

My thoughts and advice to foreign investors interested in UK Property - I encourage you to look in to the possibilities of adding Local Authority or ex-local to your portfolio. The deals on these properties are very good and very low and more often than not, the size of these accommodations are quite substantial. In short, you get get more value for your money.

For long-term investors looking to purely gain a high rental yield and not ever having to consider residing in these properties, the Housing Association can assure long term lets for 5 years with a guranteed rental yield which generally is higher than the yield you would gain on a regular London flat or house.

Requirements and possible draw-backs in this approach - mortgages are not easily available, cash sales are prevalent & preferred.

Introduction

Welcome to my first entry on the Pinnacle Home Buying Blog. I endeavour to keep the blogs interesting and educational where possible. The property market in the UK as well as the Global Property Market is currently in an influx due to the obvious current economic situation. The ‘bubbles’ all appear to have bust now and as a result works as an opening to many who have been waiting to enter the property game. Yes, one does require to have their own finances today to leverage off this opportunity.

Daily property news seems to fluctuate a great deal still leaving many in the dark as to whether we (in the UK) have hit the bottom and if so, there has been several reports on how we are already on the rebound mainly due to the lack of supply and the enormous increase in demand. Recently the National Association of Estate Agents (NAEA) reported that for every house in the UK there are currently 4 potential buyers.

Today, Rightmove reported (http://www.aboutproperty.co.uk/news/house-prices/rightmove/asking-prices-fall-$1305341.htm) that there has been a decline of 0.4% in the average asking price for a home.

Either way, the information is encouraging on both accounts. The uncertainty is not drastic and there is plenty of opportunity on both ends depending on where you are in the game.