Price: £750,000 - £1,850,000
Area: Battersea, London
Sleeping rooms: 1-3, penthouses Total area: 53.5 m2 - 71.4 m2
Battersea Reach is a new complex on the banks of the River Thames, which has received several awards. In addition to the gorgeous views from the windows, the complex has an excellent location near the heart of the capital.
The newest addition to the complex are Horizon House and Jasmine House, which offer one-, two- and three-bedroom apartments and penthouses. Both Horizon House and Jasmine House offer single, double and three-bedroom apartments for sale. Each apartment has a balcony or terrace.
The Horizon and Jasmine complexes are distinguished by their smart design and elegant style at the same time. All apartments are very bright and spacious, equipped with the latest technologies: adjustable lighting, underfloor heating, wiring for Opus audio systems. The complex also offers: video surveillance around the perimeter, secure Parking, 24-hour concierge service, a gym for residents only, a business center. The nearest metro station is Wandsworth Town.
Leasehold is 999 years old
The complex is under construction and is being rented in stages
Price: from £750,000 for single apartments with an area of 53.5 m2, from £950,000 for double apartments with an area of 71.4 m2.
Payment terms:
Deposit of £2,000
After 21 days, 10% of the apartment price
After 6 months, 5% of the apartment price
The balance of 85% upon delivery of the complex
THE NUMBER OF APARTMENTS IS LIMITED.
Investments in new buildings at an early stage of construction are interesting because the buyer fixes the purchase price when signing the contract, and pays only 10% - 20% of the cost of the apartment before completion.
With a 20% deposit and an increase in market prices of about 10% per year, investors earn up to 30% on invested capital before completion of construction with favorable terms of the transaction, such as a deposit guarantee and the right to resell the contract before completion.
New buildings in London are rented with a 10-year warranty from the National Housing Commission (National Home Building Council) in a ready-to-move condition, with a fully equipped kitchen and bathroom and well-finished rooms. As a rule, the developer also provides a 1-2 year warranty on the finishes and appliances.