Property with potential by Anthony Webb Estate Agents Palmers Green

20th September 2015

From Paris to Palmers Green, Pamela Strain's recent renovation project in Palmers Green is a great example of how first time buyers can make a profit from property.

Born in Northern Ireland and having worked in Paris for many years Pamela, an executive assistant at a private bank, relocated to London in 2014. Initially renting in Palmers Green Pam purchased her first home through Anthony Webb estate agents in December 2014. A spacious two double bedroom flat in a 1960's block ideally located for transport routes and local shops. Within four months of completion Pam had completely renovated her apartment, bringing the old parquet flooring back to its original glory and blending contemporary design with the generous space offered by the purpose built development.

Pamela said of the renovation project

"Buying my first home was daunting, I fell in love with the flat instantly and the space it offered. With the guidance of the team at Anthony Webb, and my dream team of builders I could not be happier in my new home. There's a great feeling about being on the property ladder, sitting on my balcony at sunset with a glass of wine, a clear view of the Shard, toasting my new future in London”

Property Description: A two double bedroom Freehold flat in a purpose built block located in Palmers Green with a garage and two balconies.

Property Purchase Price: £295,000 (December 2014)

Development costs: £45,000

Including new PVC windows, restoration of the original flooring, a complete re-wire and re-plumb. The instillation of a new kitchen, bathroom, fitted wardrobes and complete redecoration throughout.

Current Property Valuation: £400,000 (September 2015)

If you are looking for an investment property in Palmers Green or Southagte please contact a member of our Sales team on 020 8882 7888 for free advice and assistance.