London (North), Edgware – 18% return on cash invested – just 1/4 mile from the Northern Line Edgware tube station
4.3% yield – over £5,000 p.a. profit
London (North), Edgware
IPS Invest are inviting a few of their select investors to consider a landmark development 1 and 2 beds available
- First part of the a government backed regeneration scheme
- Forcasted 6% year on year growth
- Assignable contracts
- Prices from just £335,000
- Excellent location just 3 minutes walk from Edgware tube station
- Only 10% required to secure an apartment
- Prices set to increase by 15-20% prior to completion
- Rental Yields of 4.3%
The reason for development is due to the lack of affordable properties for the young professional, an initiative backed by the council and the government in making this a key location for the future.
“The Conservative Party’s Housing Plan for London sets a target of 400,000 new homes in London by 2025 and half a million new jobs to be created across the capital by 2020. Fifty thousand new homes are planned for the first 12 months of the new initiative with Edgware and its surrounding area identified as a key regeneration and development zone”.
The apartments are situated a 3 minute walk from Edgware tube station on the Northern Line and is fast becoming a popular location for residents due to the perfect location that Edgware offers. With just a short journey into central London, incredible transport links and just 5 minutes from the M1, you also have the luxury of having the countryside on your doorstep in, what is a very affluent area.
These attractive, modern, incredibly located and desirable apartments will be finished to an extremely high standard with contemporary kitchens and modern, luxury bathrooms.
There are only 13 discounted apartments in total in this building and 3 apartments have been sold already, so please contact us now for more information or to secure an apartment.
These apartments target the rapidly growing rental market of young professionals who seek affordable apartments but can still reach their work place in a short space of time and directly. As the regeneration has just started then it is hard to find any direct comparisons, and there are certainly no apartments being built in such a lucrative location, you could not have a better location with everything you need on your doorstep.
There are a number of larger projects in the area offering similar properties, however, with the style of building being in line with what exiting property hunters find appealing about the area, less direct competition on the rental market and the size of the actual apartments themselves, we consider this to be an excellent investment, focused on the existing a potential future target market.