New build and off plan apartments in Canary Wharf, London

LISTING PHOTOS Click photo to enlarge 1 2 3   Page Views: 151 Date Added: 16/09/2009 Last Updated: 16/09/2009

London , Price: 240000 London Property” http://www.london-property.org offers distressed property, off-plan property, and re-sale investment property in the UK’s fastest growing business district – 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. 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. “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 Type:  Off plan property For Sale or Rent:  Sale Price or Monthly Rent:  240000 Bedrooms:  2 Bathrooms:  1 Contact person:   Alexander Levin Phone:  44 207 394 7009 E-mail: Reply to Ad Address: City:  London County:  London Postal Code:  E14 5QL Country:  United Kingdom Web Site:  http://www.london-property.org/ View Map: Click Here to view

Average Visitor Rating:    0.00 (out of 5)
Number of Ratings: 0 Votes