Waterfront New residential tower near Royal Victoria Dock

 
/ LONDON / Royal Victoria Dock
INVALID LISTING
  • Location: Region England, London, Royal Victoria Dock MAP
  • Development: Residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments
  • Total number of units:175 
  • Units available for sale:26 (15%)
  • Unit sizes: 0 sq.m FLOOR PLANS
  • Development status: Under construction
  • Planned completion: 2017
  • Ownership: Leasehold 175-year leasehold title (from 1999)
  • Rental return (p.a.): 4% (estimated)
  • Capital appreciation (p.a.): 40.5% by 2020 (estimated)
  • No commission

Complex/building features

  • Total number of units 175
  • Total floors 20

Distances

  • Railway station 1 km
  • University 5 km

Rental income features

  • Rental demand in the area High,Long-term rental,Short-term rental
  • Who will rent Local people,Students,Tourists,Young professionals
  • Unit finishing in order to rent Fully-furnished
  • Rental management Local estate agency
  • Annual rental income 4% (estimated)

Exit strategy

  • Resale Possible after completion, Possible before completion
  • Easy exit High demand - very easy
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Furnishing Fully furnished
  • Views from units River views, Town views

Additional purchasing costs


These additional costs include the following, among others:

  • Stamp duty 0% of the first £125,000 of property price; 2% of the next £125,000 of property price; 5% on the next £675,000 of property price; 10% on the next £575,000 of property price;
  • Other costs Estimated service charge: £4.04 PSF; Ground Rent 1 Beds - £350 PA, 2 Beds - £400 PA, 2 Beds with parking £450 PA. 3 Beds - £450 PA, 3 Beds with parking £500 PA

Capital appreciation (p.a.)

  • Expected price increase of the property* 40.5% by 2020 (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.