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3 bedroom flat for sale
Blackfriars Street
£400,000
Blackfriars Street
£400,000
Our Summary
- Off plan investment opportunity For Investment Purposes Only - 25% Deposit RequiredThere is a mixture of 1-, 2- and 3-bedroom apartments to suit the needs of all potential buyers, and onsite facilities such as a residence only gymnasium, private Cinema room, breakout areas, rooftop gardens with spectacular city centre views, and the added security of a 24-hour concierge
Description
This off-plan investment opportunity offers a range of 1-, 2-, and 3-bedroom apartments in a prime location, with a focus on investment returns. The development features upscale amenities, including a gym, cinema room, and rooftop gardens, and is set to attract high demand from tenants in a fast-growing economy. With a 7% achievable return, this investment offers a strong potential for growth, particularly given the area's 12% price increase in the last year and predicted 16.5% rent increase between 2020-2024. The leasehold agreement features a 0.1% ground rent and a 250-year term, with a service charge estimated at £2.7 per square foot. With Council Tax band C and a prime location, this apartment is an attractive investment opportunity for those looking to capitalize on the area's growth potential.