The Canal House London

A stunning riverside residential conversion into high specification apartments, located in the calming borough of Hillingdon.

HIGHLIGHTS:

  • Prices from £231,000
  • Completed Development
  • Estimated 4.9% rental returns
  • Conversion of period building
  • Top floor apartments offer private roof gardens
  • Leasehold: 999 years
  • 35 minutes away from Central London
  • 10-minute walk from Underground station
  • Facilities include carpark and elevator
  • Building Warranty: 10 years
  • Stunning waterside views

INTRODUCTION:

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, provides a unique urban identity.

 

OVERVIEW:

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 carparking and elevators. Additionally, the top floor apartments provide a private roof top garden.

 

PAYMENT STRUCTURE:

  • Reservation fee: £2000
  • Simultaneous Exchange & Completion (within 21 days of reservation)

FINANCIALS:

The Canal House estimates 4.9% rental returns.

See table below for an example of the amount of returns you could earn from this investment:

Unit ExampleRental Yields
£287,750 x 4.9% rental returns£14,099.75 per annum
£1,174.98 pcm
Total Rental Income over 5 years
£ 14,099.75 x 5£70,498.75

PLEASE NOTE: These figures are estimates only based on current data.

WHY INVEST IN RESIDENTIAL PROPERTY?

Early Retirement

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.

Safe Investment

All investment comes with a level of risk, but in the world of investment property is as safe as they come.

Demand

The demand for residential property exists as long as tenants needs 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?

Financial Hub

Barclays and Lloyds Banking Group are among the banks with headquarters in London, making the city of London an economically safe place to invest.

Economy

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.

Rental Prices

The 2018-2022 prices are predicted to grow by 10.9% in Greater London and 8.8% in Central London.

Universities

With more 400,000 students in the city, London is home 40 higher institutions including UCL and Imperial College mentioned within the top ten universities in the world.

Employment

Approximately 75% of residents aged 16-64, are employed in London, outperforming the rest of the UK

Transport

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 Elizabeth’s Line impending completion.

Tourist Attraction

Landmarks including Buckingham Palace, London Eye and St Paul’s cathedral have contributed towards the city’s £15 billion tourism industry.

 

For further details call (0)20 8445 6542 or email info@tarquinjones.com

Contact Us

Headquarters

Balfour House, 741 High Road,
North Finchley, London, N12 0BP

Call Us

+44 (0)20 8445 6542

Email Us

 info@tarquinjones.com

info@tarquinjones.comThe Canal House, London