If you could buy in any London Borough...

[okgo]

I will be getting my hands on a lump sum soon, and was wondering what the wisdom would be in buying an investment property, it will likely be a smallish 1/2 bed flat, but I figure its better than whatever else I would potentially do with the money...

Question is, where would you buy if you could, I reckon the smart money could be somewhere like Kings Cross, which is currently undergoing huge transformation, but it still isn't cheap as its very central, I also hear Elephant and Castle is going to be sorted out, so maybe that is worth a shout? Failing that possibly out east, I know most of it has come up already, but possibly clapton/walthamstow?

I would think budget will be £350k, I'd look to rent it out as I already have a property I live in...

[okgo]

Mortgage, but need to see how much leverage you can get on BTL, not really looked into it before, it obviously requires bigger deposits that FTB mortgages.

[okgo]

I think you need to double those prices for Islington mate