A stunning riverside residential conversion into high specification apartments, located in the calming borough of Hillingdon.
Units available from £231,000
Estimated 4.9% rental returns
Conversion of a period building
Top floor apartments offer private roof gardens
Leasehold: 999 years
35 minutes away from Central London
A 10-minute walk from the Underground
Facilities include a car park and elevator
Building Warranty: 10 years
Stunning waterside views
The Canal House is a breathtakingly beautiful residential investment opportunity in zone 5, on the Metropolitan and Piccadilly lines. Previously used as offices, the building offers high specification apartments from £231,000.
Estimating over 4.9% rental returns, this property is located in an area favoured by families and young professionals for its network of waterways and former mill conversions provide a unique urban identity.
An investment in a highly sought-after area of London, The Canal House offers an open plan living space, promoting natural light for a tranquil living experience.
Defining luxury accommodation, The Canal House boasts stunning waterside views across four floors, with fantastic transport opportunities, making this the ideal property for commuters. The spacious apartments are matched only by the facilities including car parking and elevators. Additionally, the top floor apartments provide a private rooftop garden.
Reservation fee: £2000
Simultaneous Exchange & Completion (within 21 days of reservation)
The Canal House estimates 4.9% rental returns.
See table below for an example of the rental returns you could earn from this investment:
£287,750 x 4.9% rental returns
£14,099.75 per annum
Total Rental Income over 5 years
£ 14,099.75 x 5
PLEASE NOTE: These figures are estimates only based on current data.
WHY INVEST IN RESIDENTIAL PROPERTY?
With the right property, a shrewd investor can generate enough money to retire early. A well-chosen property portfolio can easily rival a salary, and more often than not requires no management of the investor.
Better than cash in the bank
Buy-to-let returns can be more reliable and effectively offer higher yields than cash sitting in a bank account. The housing supply in the UK is also at a 100-year low, and demand is growing daily. It is predicted that 25% of households will be privately rented within the next 5 years.
All investment comes with a level of risk, but in the world of investment property is as safe as they come.
The demand for residential property exists as long as tenants need accommodation. The UK currently has a population of 66.96m, due to 80.6 years life expectancy and 283,000 people emigrating into the UK. Alongside this, 101,669 couples are divorcing and 2018 saw 12.1 births per 1000 people, proving a need for more homes.
WHY INVEST IN LONDON?
Barclays and Lloyds Banking Group are among the banks with headquarters in London, making the city of London an economically safe place to invest.
The fifth-largest economy in the world, London has a Gross Domestic Product of £580.7 billion promises an array of business opportunities to those willing to bring their knowledge and experience to the city.
The 2018-2022 prices are predicted to grow by 10.9% in Greater London and 8.8% in Central London.
With more than 400,000 students in the city, London is home to 40 higher institutions including UCL and Imperial College mentioned within the top ten universities in the world.
Approximately 75% of residents aged 16-64 are employed in London, outperforming the rest of the UK
The Elizabeth Line, connecting Heathrow to Essex, will drastically reduce central London commuting traffic, scheduled to be completed in autumn 2019. Expected to support 180,000 homes and create over 360,000 jobs, the demand for property is attracted buyers across the globe before the completion of the Elizabeth line.
Landmarks including Buckingham Palace, London Eye, and St Paul’s cathedral have contributed towards the city’s £15 billion tourism industry.