Delivering on maximum performance - ludlowthompson's advice on buy-to-let helps individuals significantly outperform the stock market
- 18th August 2018
- Property Tips
Kirsty Mullen and Jibby Philip from the co-founding Oval Office highlight a consistently high performing investment property from the anniversary archives
ludlowthompson’s advice to invest in London property has helped our clients significantly outperform the stock market over the last 25 years.
For example, one of the very first transactions we advised on was the purchase of 66 Salisbury Place (SW9) for £65,000. It is now worth £360,000 – a price increase of 454%. In comparison the FTSE100 has returned 158% over the same period. A pretty outstanding performance!
Under ludlowthompson's long term management rental income on this property has also increased by 131% to £1,350 per month, up from £585 per month in 1993.
The picture above shows Kirsty Mullen - Sales Manager - and Jibby Philip - Lettings Manager - of our Oval Office in front of the development where ludlowthompson still sell and let numerous properties today.
The dramatic long-term increase in residential property values in London has largely been driven by the capital’s appeal as one of the most attractive places to work globally and that is here to stay. World class universities and a thriving employment market draws in students, graduates and young professionals from across the UK and abroad.
Recent figures also show that the amount of office space let in central London has increased 4% over the last year, which reflects how European and international companies are continuing to invest and build their presence in the capital. In turn, this means demand for residential property is likely to rise, further driving up prices.
Stephen Ludlow, Chairman of ludlowthompson, says: “As the last 25 years have shown, London has and always will be an excellent city in which to invest in property.”
“Its attractiveness from both an individual and corporate perspective means demand remains high for residential property.”
“As well as being a major financial and legal centre, many people are also drawn to London for its ever-evolving cultural scene and whatever happens with Brexit, London will, as expressed by Theresa May, always remain attractive and open for the ‘best and brightest”.
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