We have about 170K to invest, and, with a buy to let mortgage, can borrow about 350K or so more. Stratford sprung to mind as it already has good transport links (with Crossrail to come), Westfield and the Olympic Park on the doorstep.
We are looking to buy a flat that will rent out easily, with potential for capital growth. We don't really have time for maintenance, and don't live that locally, so we would be looking to buy new and are happy to pay the service charge.
Would you buy, say, this flat for 500K, two bed two bath, views towards Westfield and the Olympic Park?
We are also toying with buying something at around the 350K mark instead in the Royal Artillery complex near Woolwich, again as an investment, but we would have to rent it out. Any views on the investment potential for that? Crossrail is due to go there, and the cable car is already there.
Or, finally, we are considering buying two flats near where we live in the south east, at about 250-300K each. I don't think they would appreciate hugely as there is no investment coming into the area, but they would definitely rent out easily and we would be on the doorstep for maintenance and repairs.
But then Lewisham is due to have huge capital investment, and maybe that would be a good area to buy a new flat in too ...