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709253 | London Center New build 93 Apartments 39 private p

London Center New build 93 Apartments 39 private p
Type: buy
PriceBritish £154,000,000.00
Seller
Quantity: 93
Availability: yes
Location: Londen, United Kingdom

London Center New build 93 Apartments 39 private parking spaces and 11 accessible are available with Block C. Spaces are £50,000 each for a right to park in the UK.

The last building, out of four, is available to buy as a whole. 

Asking price for the residential part is nearly £150m but they’ll consider a discount for the whole building.

39 private parking spaces and 11 accessible are available with Block C. Spaces are £50,000 each for a right to park.

There are also two commercial/retail units on the ground floor, measuring just over 7,000 sq ft and with an Estimated Rental Value of about £300,000 PA (so, about £7m, based on roughly 4% yield). This would complete the freehold.

 

I have also attached the Factsheet, purely for the buyer to look at the ground rent investment aspect, as well as the rest.

 

I have sought quotes from various furniture companies, in order to have the building ready to move in. The best quote from the most efficient company came to about £800,000 plus VAT at 20%. This is a rough quote for now. Once a buyer is close to doing the deal, we can get them to visit the building and give us a more precise figure.

RESERVATION AND
PAYMENT PROCEDURE

• Reservation Fees:
1 & 2 Beds – £5,000
3+ Beds – £10,000
1. 10% of purchase price payable within
14 days of exchange of contracts
(less reservation fee).

2. A further 10% deposit payable 12
months after exchange.
3. Balance of 80% payable on completion.
ESTIM ATED SERVICE CHARGE
£5.00 per sq ft per annum
GROUND RENT

ONE BED

£500 per annum

TWO BEDS

£780 per annum

THREE BEDS

£1,000 per annum

FOUR BEDS

£1,200 per annum

PENTHOUSES

£3,500 per annum

 

Plot No.

Block

Floor

Beds

Internal Area ft2

Asking Price

Price PSF

Per week

Yield

 

 

 

 

 

 

 

 

 

C.201

C

2

3

     1.186

£1.861.000

£1.569

£1.250

3,49%

C.202

C

2

1

        541

£850.000

£1.570

£510

3,12%

C.203

C

2

1

        539

£846.000

£1.569

£510

3,13%

C.204

C

2

2

        988

£1.550.000

£1.569

£995

3,34%

C.205

C

2

1

        605

£950.000

£1.570

£580

3,17%

C.206

C

2

1

        593

£931.000

£1.570

£600

3,35%

C.207

C

2

1

        567

£890.000

£1.569

£580

3,39%

C.208

C

2

1

        603

£946.000

£1.569

£570

3,13%

C.301

C

3

2

        879

£1.388.000

£1.578

£930

3,48%

C.302

C

3

2

        736

£1.162.000

£1.578

£750

3,36%

C.303

C

3

1

        539

£851.000

£1.578

£520

3,18%

C.304

C

3

2

        901

£1.422.000

£1.578

£950

3,47%

C.305

C

3

3

     1.306

£2.061.000

£1.578

£1.300

3,28%

C.306

C

3

3

     1.290

£2.035.000

£1.578

£1.290

3,30%

C.401

C

4

2

        879

£1.396.000

£1.587

£965

3,59%

C.402

C

4

2

        736

£1.170.000

£1.589

£765

3,40%

C.403

C

4

1

        539

£856.000

£1.587

£530

3,22%

C.404

C

4

2

        901

£1.431.000

£1.588

£965

3,51%

C.405

C

4

3

     1.306

£2.073.000

£1.588

£1.320

3,31%

C.406

C

4

3

     1.290

£2.047.000

£1.587

£1.310

3,33%

C.501

C

5

2

        879

£1.405.000

£1.598

£960

3,55%

C.502

C

5

2

        736

£1.176.000

£1.597

£780

3,45%

C.503

C

5

1

        539

£861.000

£1.597

£540

3,26%

C.504

C

5

2

        901

£1.439.000

£1.597

£980

3,54%

C.505

C

5

3

     1.306

£2.086.000

£1.598

£1.340

3,34%

C.506

C

5

3

     1.290

£2.060.000

£1.597

£1.330

3,36%

C.601

C

6

2

        880

£1.414.000

£1.606

£975

3,59%

C.602

C

6

2

        738

£1.186.000

£1.606

£795

3,49%

C.603

C

6

1

        540

£869.000

£1.608

£550

3,29%

C.604

C

6

2

        902

£1.449.000

£1.606

£995

3,57%

C.605

C

6

3

     1.308

£2.101.000

£1.606

£1.360

3,37%

C.606

C

6

3

     1.293

£2.078.000

£1.607

£1.350

3,38%

C.701

C

7

2

        880

£1.423.000

£1.616

£990

3,62%

C.702

C

7

2

        738

£1.193.000

£1.616

£810

3,53%

C.703

C

7

1

        540

£873.000

£1.616

£560

3,34%

C.704

C

7

2

        902

£1.458.000

£1.616

£1.010

3,60%

C.705

C

7

3

     1.308

£2.114.000

£1.616

£1.380

3,39%

C.706

C

7

3

     1.293

£2.089.000

£1.616

£1.370

3,41%

C.801

C

8

2

        880

£1.431.000

£1.625

£1.005

3,65%

C.802

C

8

2

        738

£1.200.000

£1.625

£825

3,58%

C.803

C

8

1

        540

£879.000

£1.627

£570

3,37%

C.804

C

8

2

        902

£1.466.000

£1.625

£1.030

3,65%

C.805

C

8

3

     1.308

£2.126.000

£1.626

£1.400

3,42%

C.806

C

8

3

     1.293

£2.101.000

£1.625

£1.390

3,44%

C.901

C

9

2

        880

£1.440.000

£1.635

£1.020

3,68%

C.902

C

9

2

        738

£1.208.000

£1.636

£840

3,62%

C.903

C

9

1

        540

£883.000

£1.634

£580

3,42%

C.904

C

9

2

        902

£1.475.000

£1.635

£1.050

3,70%

C.905

C

9

3

     1.308

£2.138.000

£1.635

£1.420

3,45%

C.906

C

9

3

     1.293

£2.114.000

£1.635

£1.410

3,47%

C.1001

C

10

2

        882

£1.450.000

£1.645

£1.035

3,71%

C.1002

C

10

2

        739

£1.216.000

£1.644

£855

3,66%

C.1003

C

10

1

        541

£890.000

£1.644

£590

3,45%

C.1004

C

10

2

        903

£1.485.000

£1.644

£1.070

3,75%

C.1005

C

10

3

     1.310

£2.154.000

£1.644

£1.440

3,48%

C.1006

C

10

3

     1.294

£2.128.000

£1.645

£1.430

3,49%

C.1101

C

11

1

        574

£948.000

£1.652

£650

3,57%

C.1102

C

11

2

        871

£1.440.000

£1.654

£975

3,52%

C.1103

C

11

2

        882

£1.458.000

£1.654

£990

3,53%

C.1104

C

11

2

     1.009

£1.668.000

£1.654

£1.150

3,59%

C.1105

C

11

2

        826

£1.366.000

£1.655

£1.000

3,81%

C.1106

C

11

1

        603

£997.000

£1.654

£695

3,62%

C.1107

C

11

1

        554

£917.000

£1.654

£675

3,83%

C.1201

C

12

1

        576

£957.000

£1.662

£695

3,78%

C.1202

C

12

2

        871

£1.448.000

£1.663

£995

3,57%

C.1203

C

12

2

        882

£1.466.000

£1.663

£1.010

3,58%

C.1204

C

12

2

     1.009

£1.678.000

£1.664

£1.175

3,64%

C.1205

C

12

2

        826

£1.373.000

£1.663

£1.020

3,86%

C.1206

C

12

1

        603

£1.002.000

£1.662

£725

3,76%

C.1207

C

12

1

        554

£922.000

£1.663

£695

3,92%

C.1301

C

13

3

     1.364

£2.281.000

£1.673

£1.600

3,65%

C.1302

C

13

3

     1.362

£2.277.000

£1.672

£1.600

3,65%

C.1303

C

13

3

     1.495

£2.501.000

£1.673

£1.600

3,33%

C.1401

C

14

3

     1.362

£2.291.000

£1.683

£1.750

3,97%

C.1402

C

14

3

     1.359

£2.286.000

£1.682

£1.750

3,98%

C.1403

C

14

3

     1.495

£2.515.000

£1.682

£1.750

3,62%

C.1501

C

15

3

     1.362

£2.303.000

£1.691

£1.550

3,50%

C.1502

C

15

3

     1.359

£2.300.000

£1.692

£1.550

3,50%

C.1503

C

15

3

     1.464

£2.476.000

£1.691

£1.750

3,68%

C.1601

C

16

2

        865

£1.473.000

£1.702

£1.100

3,88%

C.1602

C

16

2

        863

£1.468.000

£1.701

£1.100

3,90%

C.1603

C

16

3

     1.225

£2.083.000

£1.700

£1.500

3,74%

C.1604

C

16

3

     1.193

£2.028.000

£1.700

£1.500

3,85%

C.1701

C

17

3

     1.362

£2.329.000

£1.710

£1.750

3,91%

C.1702

C

17

3

     1.359

£2.326.000

£1.711

£1.750

3,91%

C.1703

C

17

3

     1.497

£2.561.000

£1.710

£1.750

3,55%

C.1801

C

18

4

     1.855

£3.190.000

£1.720

£2.000

3,26%

C.1802

C

18

4

     2.082

£3.581.000

£1.720

£2.200

3,19%

C.1901

C

19

4

     1.855

£3.207.000

£1.729

£2.200

3,57%

C.1902

C

19

4

     2.082

£3.600.000

£1.729

£2.200

3,18%

90

 

 

 

   90.390

£148.490.000

£1.643

 

 

We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties

for non-buying) showing the financial credibility and interest of the potential buyer

Make an Offer / Ask Seller a Question
 
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