GCC investors given a rare opportunity to own a new build house in popular central London location

GCC investors given a rare opportunity to own a new build house in popular central London location

- Average property prices in the area increased 58% between 2012 and 2022 and 5% in the last year

- Barratt London Rental Guarantee Scheme for overseas investors guaranteeing a 6% gross yield for 24 months

Dubai, United Arab Emirates: Barratt London, part of the UK’s largest housebuilder Barratt Developments, has officially launched a rare opportunity to own an exclusive freehold mews house in the Zone 3 location of Tooting Bec in the popular South West London neighbourhood of Wandsworth.

While finding a new build apartment in the area is relatively easy, it is increasingly more difficult for investors to secure a new freehold house. Last month, a search on the property portal Rightmove revealed just three new build houses were available out of 457 new homes, two of which were on a leasehold basis rather than freehold.

The mews houses, located in Barratt London’s Springfield Place development, come in two and three-bedroom configurations and are set over two or three storeys, offering up to 1375.76 sq ft (127.81 sq m) of versatile family living.

Stuart Leslie, International Sales and Marketing Director at Barratt London, said: “Whether you are looking for an investment property in an established, popular location, or a home for yourself or