New buildings in the centre of London. Up-to-date real estate offers in the UK
Nowadays international and local investors, same as real estate agencies and property developers take a specific attention on new building projects in London. Despite the fact that the capital of Great Britain seems to be totally built up and has quite densy infrastructure, local and international developers continue to construct new building in the centre of London. It happens due to the high demand for such real estate and increase in price for both residential real estate and commercial.
For the past 10 years the growth of the population in London has resulted in 800 000 new residents – both locals (who come to London from other cities in order to find a job, do business, or experience new lifestyle) and foreigners. During this period many of them faced some problems in finding a home either to buy or to rent. Local developers were able to offer only 200 000 new apartments and houses. That’s a lot, but unfortunately not enough. In the next 10 years, London will be able to put up for sale 300 000 more living units.
Buying apartments in new buildings, while they are under construction is considered to be a profitable investment. Price for such apartment is considerably lower than price for the same apartment, when the building is already constructed. Therefore many investors are interested to buy out such properties, when only the firs steps of construction are made. Nowadays, apartments in new buildings can be purchased for 10% of the deposit before the project completion, so it is possible to gain profit through an annual increase in prices during construction. Initially, the cost of the apartment written in sales contract. On average, the annual increase in prices is around 7%. At the time of completion, the investor receives an income of about 70%.
According the statistics centre, in the next five year the prices for real estate in the centre of London will grow by 20%, despite the Brexit, the increase in tax rates and a number of other issues, that local government discusses. The housing market in the centre of London will filled by a new generation of British millionaires and international buyers.
You are welcomed to purchase an apartmen in a modern development , which comprises 102 private luxury apartments, many with private outdoor space. Residents will also benefit from an exclusive gym, 24hr concierge service and landscaped courtyard. A landscaped residents’ roof terrace and roof lounge which will afford unrivalled views of the Houses of Parliament and other iconic landmarks.
Stylish interiors designed to the highest specification invite residents to relax and feel instantly at home. From bespoke kitchens and luxury appliances, every detail has been observed. Many of the stunning apartments benefit from winter gardens or balconies. Floor to ceiling windows help flood the living areas with natural light and give the feeling of space.
The residence has beautiful winter garden. Kitchen has luxury appliances. From panoramic windows, you’ll be able to enjoy beautiful city views. The development is located in a walking distance to many tube stations, boutiques, shops, restaurants, etc. The apartment is a nice option if you are searching a buy-to-let property in London with considerably high rent on investment (ROI).Leasehold for 999 years
Set in the heart of Westminster, Abell & Cleland offers a final fully-furnished 4 bedroom Penthouse. This prestigious development delivers first-class residents' facilities and exceptional levels of style and luxury in keeping with the culture and history of its surroundings.
All residents' facilities are conveniently situated within easy reach of each apartment and the site benefits from a gym, pool, sauna, steam room and business suite.
Residents can also expect outstanding service from the 24 hour concierge as well as spaces to unwind including the tranquil landscaped gardens located in Abell House and Cleland House.
Abell & Cleland has become the first private residential development in the UK to be officially recognised by Les Clefs D'Or, Society of the Golden Keys, an internationally recognised golden standard for top concierges working exclusively in the hotel industry. This milestone award recognises the exceptional concierge service at Abell & Cleland where along with the exclusive room service style dining options provided by the Hilton Hotel, the concierge provide residents with exclusive luxury London living.
Prices £885,000 for 1bd apartment in London, from £1,160,000 for 2 bd apartment, from £1,800,000 for 3 bd apartment.
Introducing West End Gate, an exclusive development set in one of London's most prestigious postcodes moments away from stylish Marylebone. The scheme, comprising a landmark residential tower and surrounding mansion blocks, is inspired by the local architecture and character of the area. With first-class residential facilities and exemplar design, West End Gate also benefits from a Central London Zone 1 location and excellent transport connections.
Designed by renowned architects Squire & Partners, winner of The Sunday Times' Architect of the Year and Development of the Year in 2015, West End Gate combines contemporary architecture and traditional craftsmanship. The beautifully crafted and innovative architecture will capture the spirit and character of nearby period buildings, reinterpreting the values of mansion block living into homes designed for the 21st century.
Reaching 30 storeys, Westmark Tower provides dramatic views towards the City, Regent's Park and Hyde Park. A sense of arrival is created by a sweeping entrance with water features at ground level that transitions into a grand lobby with secluded seating areas providing residents with pockets of privacy.
Westmark Tower at West End Gate comprises a range of apartments situated in a Central London Zone 1 location. The site is close to the prestigious neighborhoods of Marylebone and Little Venice and also benefits from excellent transport connections.