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Property
The property market in East
London is booming. With London preparing for the 2012 Olympics,
Stratford is undergoing a major redevelopment programme. Together with
the channel tunnel link planned for the area, capital growth over the
next five to seven years looks promising.
Egoli has been active in the east London property market,
predominantly Stratford, Leyton and Leytonstone, for the past four
years. We specialise in selecting and managing properties to enable
investors to get the most value out of an already healthy rental
market. Whether you are looking for long term investment, capital
growth, or a redevelopment project, we can help you make the right
purchase.
Property Management
We manage a wide range of properties which cater for those wishing to
share a house, mostly the South African working holiday community.
With some 60,000 South Africans in this area alone, we recognised the
potential of this ever-growing community several years ago. Since
then, we have established a good reputation for providing quality
accommodation at affordable prices. We let rooms to individuals or
couples in house shares which are fully furnished and maintained with
communal areas.
Why Choose Us
There are many letting agents in the area, but most charge
considerably more than we do. We are able to offer fees of around half
those charged by other agents as we provide a range of other products
in the marketplace, and because we offer a number of services to newly
arrived South Africans, we have a steady supply of potential tenants
within our reach.
We are not an investment bank or a financial specialist, however we do
have detailed knowledge of the rental market in this area. By choosing
a property in east London, you will achieve a much higher rental
income than your mortgage repayment. We can help you select a property
with real growth potential. And, if you choose Egoli, before you even
purchase the property, we will guarantee your future rental income,
whether the property is continuously rented or not.
Capital Growth
With all the positive developments in the area, we expect to see a
growth of at least 50% in the property value over the next six years.
If you are a short term investor, we will seek to find you the
best-priced property, with as high a rental income and with as little
need for cash outlay on improvements as possible. We suggest you rent
out the property for five years, during which time it will be fully
managed and maintained by us. Then, to maximise your capital growth,
we advise doing all extensions permitted and splitting the property
into two separate flats. At the time of purchase, we look specifically
for properties where planning permission is likely to be granted for
such developments.
If you are a long term investor, and wish to hang on to your property
indefinitely, we will help you maintain the property, carrying out
redecorations every three to five years in order to ensure your rental
income continues to grow.
Property Development
Many people are attracted to the idea of buying a run-down or derelict
property, doing it up, and selling it on to make a huge profit. In
reality, as evidenced on the numerous TV shows dedicated to the topic,
the inexperienced developer often gets in way over their head, and is
lucky to break even, let alone walk away with a thick wad of cash. We
have a lot of experience in developing these types of properties, and
can help you find a suitable property, develop it, and sell it on for
a profit. We have our own team of skilled builders and tradesmen
available at very reasonable rates, and we can help you turn the
property around in between three and six months. While you may not see
as great a capital growth as when buying and renting out your property
over a number of years, you will see the profits quickly and can move
on to your next project. |
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CONTACT US
UK: 0800 458 5247
Int:
+44208 9889 110
Email:
info@egoli-uk.com
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