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Buy to Let Property Market

Litchfield House
Off-Plan Residential Apartments - London

Located in London Zone 4
Studios From £310,000
1-Beds From £355,000
Off-Plan Investment
10% of Purchase Price to Exchange
125-Year Leasehold

Overview

Litchfield House is an exciting off-plan investment opportunity that will deliver a range of modern high-specification apartments offering the potential to benefit from London's excellent growth prospects when it completes in Q4 2020.

 

According to the latest forecasts by JLL, property prices in Greater London could rise by a cumulative 17.0% between 2020 and 2024. With units at Litchfield House starting from £310,000 this would result in a minimum capital appreciation of at least £49,000 over five years.

 

In addition, apartments at Litchfield House can be purchased with a deposit of 10% required to exchange and offers a projected average annualised return on capital invested of 21%*.

Location

Litchfield House has the perfect blend of urban city living in London whilst still being in close proximity to over 100 acres of tranquil green spaces. From as little as 11 minutes by train, future residents will be able to reach London Bridge, the gateway to everything the capital has to offer.

This includes key tourist attractions such as The Shard and St Paul's Cathedral, as well as Canary Wharf and the world famous Bond Street, home to numerous luxury fashion retailers. In addition, London Waterloo station - just 26 minutes from Litchfield House - offers frequent services to many popular destinations in the South of England.

*Annualised ROCI is calculated after mortgage costs at 75% LTV and an indicative rate of 3.00%, and accounts for a 17% increase in property prices and 17.1% increase in rents between 2020 and 2024 based on JLL's 5 year residential forecasts released in November 2019. Please note that mortgages are not guaranteed. Rates are not guaranteed. Please seek independent financial advice.

 

CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008 (CPR)
These regulations prohibit unfair practices. To satisfy our obligations under the CPRs, our sales particulars have been prepared by PrinvestUK Limited upon the instruction of the vendor and in accordance with these regulations. The property details are produced in good faith and are not intended to form part of a contract.

 

DISCLAIMER
The images used on this website are for illustrative and representational purposes only.

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