Updated: Mar 4, 2019
London property buying agency Ludgrove has collated a $100m portfolio of Prime Central London property opportunities offering an estimated Return on Capital (un-leveraged) in a range of 15% to 35% and rental yields (on capital invested) ranging from 3.75% to 5.5%.
The Development properties have been sourced from both the private and public market and are located in Prime areas including Mayfair, Kensington, Chelsea, Notting Hill & St John's Wood. Separately Ludgrove has also identified a number of Prime Bulk Purchase Opportunities sourced from distressed Developers that are offered at significantly discounted rates. Examples of the properties can be found on the Ludgrove website and include:
A £3.5m Prime Central London Family Home with £2m in Value on Offer.
A £4.2m Prime Central London property with £1.4m Value on Offer.
A Bulk-Purchase Opportunity of 3 Family Homes with £1.24m savings on offer.
The typical development timeframe for each project is around 10-14 months and the vast majority either require a straight refurbishment and re-configuration or come with planning permission to extend already granted. Being a full service Property Buying Agency, Ludgrove can assist the Buyer with the Development from Design, Construction, Finance, Interior Design, Furniture Staging through to Rental.
The portfolio would be well suited to a large Domestic or Overseas Investors looking to gain significant access to a depressed Prime Central London property market. Overseas Investors are particularly well placed given the 18% Fall in PCL Capital Values since 2014, the significant depreciation of Sterling and the kicker of the development upside through the Ludgrove Portfolio. The chart below highlights the underlying discounts on offer to various overseas Buyers since the 2014 peak:
Ludgrove is run by Fraser Slater who has a background as a Real Estate Analyst, Fund Manager and Chelsea Property Developer. Slater stated:
"Large Investors like Prime Central London as an asset class because of its exceptional track-record of consistent returns with low volatility but they struggle to gain access in any meaningful size. By packaging these opportunities in one bundle, Investors gain access, value for money, significant capital upside potential and superior rental yields. We estimate our development portfolio will return Investors around 20% on cost at current market prices although if leverage were added, returns could be enhanced significantly. In view of the negative sentiment surrounding Brexit and the strong and consistent historic performance of Prime Central London (PCL) over many years, we believe now is an opportune time to invest."
For further information please contact Ludgrove Property.
43 Berkeley Square
London W1J 5AP
Tel: 0207 889 2860
Fraser Slater is the CEO and Founder of Ludgrove Property. Prior to Ludgrove he spent 20 years as a Fund Manager. In the course of his career he was a Real Estate Analyst, the Fund Manager of a £6bn Equity portfolio for USS Ltd and was the Founder and CEO of WDB Capital, a London based Fund Management business. WDB Capital was on of the best performing Funds in Europe during the Financial Crisis and in 2008 was nominated for New Fund of the Year by EuroHedge. After leaving The City, Fraser developed property in Chelsea. He started Ludgrove with an ambition to be Prime London's leading Property Buying agency with an emphasis on original research and delivering a highly value added service to clients.
Disclaimer: Ludgrove Property Limited is not authorised or regulated by the Financial Conduct Authority (FCA) and we do not provide any financial or investment advice. We recommend that any property investor seeks appropriate professional advice before entering into any contract, and we would also advise that the value of any investment can go down as well as up and that you might not get back what you put in. You may have difficulty selling a property investment at a reasonable price and in some circumstances it might be difficult to sell at any price. We would urge you not to invest unless you have carefully thought about whether you can afford it and whether it is right for you, and if necessary to consult with a professional advisor in accordance with the Financial Services and Markets Act 2000. All information is provided strictly as a guide only, is subject to change without prior notice and does not constitute an offer of investment. This website should not be regarded as an offer or solicitation to conduct investment business, as defined by the Financial Services and Markets Act 2000. Investors who are resident in or citizens of countries other than the United Kingdom may be subject to local restrictions. In particular, no offer or invitation is made to any US persons (being residents of the United States of America or partnerships or corporations organised under the laws of the United States of America or any state, territory or possession thereof), who are excluded from the services offered in this site. The information on this website has been obtained from sources which we believe to be reliable and accurate, but without further investigation this cannot be warranted.