Off Plan Property Investment In Greenwich

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Apartment/Flat Description

London Property” ([link removed]) offers distressed property, off-plan property, and re-sale investment property in Greenwich - regeneration area in close proximity to fast growing employment centres the Greenwich Peninsular, Canary Wharf, and Stratford.

About Greenwich:

Greenwich is strategically located in close proximity to fast growing employment centres: 10 minutes to Stratford, 11 minutes to Canary Wharf, 16 minutes to London Bridge, and 23 minutes to the City of London. In Canary Wharf, employee numbers are set to rise from 78,000 up to 160,000 by 2012. Stratford will host 2012 Olympic Games and benefit from construction of the Olympic Park and of the massive Stratford City (http://westfield.com/stratfordcity/vision/a-new-city/index.html) which is expected to create 35,000 permanent jobs. The development of the nearby Greenwich Peninsula (http://[link removed]) is foreseen to create 25,000 permanent jobs to 2015. These developments will obviously drive demand for properties in Greenwich. Greenwich is also ‘undergoing a major transformation with one of the largest regeneration agendas in the UK’. This major growth zone is set to provide 29,000 new jobs, 150 or more shops and some 3.5 million square feet of prime office space creating a new business district for London. The massive regeneration of the area will also include 48 acres of parkland and a transformed river frontage spanning over 1.5 miles.

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, including riverside 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.