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Apartment - Flat in Canary Wharf - Propertyshowrooms.com

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Apartment/Flat Description

“London Property” ([link removed]) offers distressed property, off-plan property, and re-sale investment property in the UK’s fastest growing business district – Canary Wharf.

About Canary Wharf:

Canary Wharf, which is the world's single largest commercial property development, rivals the City of London as the UK's financial centre. It is the UK’s fastest growing business district. Its tenants include major banks, such as Credit Suisse, HSBC, Citigroup, Morgan Stanley, Bank of America, and Barclays. According to the Mayor of London’s “London Plan” (the strategic plan for the development of London in the next 15 years), “...Canary Wharf is already known globally as the prime focus for banking headquarters, as well as for financial and business services. …The planning framework for the area should consolidate and expand this role.” The Local Development Framework envisages Canary Wharf to provide around 20.5 million sq. ft. (1.9 million sq. m.) of new office space and around 100,000 new jobs to 2016. Given the massive expansion of new office developments and excellent and improving transport links, Canary Wharf is set to continue its draw for high quality employment driving demand for easily accessible quality living space and thus offering exceptional long term property price growth and prime rental returns from “blue chip tenants” for property investors.

About us:

“London Property” helps investors to find the best property in terms of location, price, and yield, arranges mortgage, legal support, property furnishing, lettings and management, as well as advises on a tax efficient property ownership structure and arranges re-mortgaging/re-sale to extract profits in the future.

We have an access to distressed luxury property in the area, or can source off plan or re-sale property from GBP 200,000. In particular, we recommend investing in high quality new build apartments from distressed sellers who bought off plan 2-3 years ago with a view to resell before completion of construction, could not resell due to the crisis, and now cannot complete the deal (because they cannot get a mortgage, do not have sufficient deposit, etc.). Frequently, they have to sell at below market prices to exit the contract and avoid court proceedings from a developer. We can also source best off plan projects with long time to completion (2-4 years) and low deposit (5-10%) before completion of construction which is a very profitable way to invest in a recovering market.

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€286,978  |  £240,000  |  US$378,496
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 608951 
Town Canary Wharf 
Province England 
Country United Kingdom  
Type Apartment/Flat
Bathrooms
Bedrooms
Build Size 50 
Category  
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Facilities:  - Two-room apartment on the 3rd flor - Balcony - Fully equipped kitchen and bathroom - Elevator - Concierge - Parking lot

Map of Canary Wharf, England, United Kingdom



British Olympics Rental Property
Price: £240,000

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Purchase this Apartment/Flat in Canary Wharf for

£602p/m

(75% LTV, 3% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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