Topland has acquired a block of 16 flats in Balham Park Road, which is let on assured shorthold tenancies, was bought from a private investor.
Topland managing director Mark Kingston said: ‘This acquisition follows on from the 24 apartments we bought on Upper Richmond Road in Putney, in November. This was an off-market deal that was presented to us and we moved very quickly to close it. It represented a great opportunity to buy at an attractive capital value per sq ft. Balham is an area where we believe there will be continued growth.
Both parties were unrepresented.