UKInvestmentsSeventy-six apartments and townhouses in Clapham, London are being launched by Mannion Auctioneers in conjunction with Savilles of London this week with prices from £275,000 (around €400,112).

On the corner of Union Road and Clapham High Street in London SW4, Intero offers a selection of one and two-bed apartments, and three-bed townhouses.

One-bed apartments of 55.8-98.1 sq m (601-1,056 sq ft) are priced from £275,000-£345,000 (around €400,112-€501,910); two-bed apartments of 62.6-130 sq m (674-1,399 sq ft) cost from £285,000-£495,000 (around €414,674-€720,223); while three-bed townhouses of 128.8-160.4 sq m (1,386-1,727 sq ft) are priced from £470,000-£665,000 (around €683,670-€967,284). A car-parking space is £15,000 (around €21,819) extra with each home type.

All apartments are fitted with integrated white kitchen goods, floor tiling, TV and telephone points, and ceramic wall and floor tiling in bathrooms. An unusual aspect of this central London scheme is that all townhouses and some apartments have spacious gardens.

Richard Rawson, sales director for developers Persimmon Houses South East, says Clapham is an "excellent location with a plethora of bars and restaurants, not to mention excellent commuter links to London". The agents suggest one-bedroom apartments in this area of London can command a monthly rent of £1,000-£1,100 (around €1,455-€1,600) while two-beds rent for around £1,500 (around €2,182) a month.

Intero, which also includes a commercial element with the capacity for a new superstore and rises to six storeys in places, is scheduled for occupation this autumn. An added bonus is that Clapham tube station is within easy walking distance of the development - the West End is about 10 minutes on the tube.