New Market Place in London

Name: Sales in New Market Place started!
Start: 2021-07-07T08:04:03.562299+00:00
End: 2023-12-31T23:59:59+0000
Location: New Market Place

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Project info

Object ID: 12845

Finished at	December 2021
Price, m²	From 9260$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	9
Apartments	277
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

379,660$

Net profit

6,783$

Payback period

42.1 years

Avg property value increase per year

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Promos and discounts for New Market Place

About the project

This exciting development in the heart of East London will provide 277 new homes, along with a range of shops, cafes and restaurants adding to an already thriving high street with both independent and national stores on your doorstep.

Located a short walk from East Ham Underground station, great transport links connect you to the City just in 18 minutes, while a new Crossrail station at nearby Forest Gate will offer swift connections to Canary Wharf and the West End.

With open space now more important than ever all apartments include private outdoor space, with residents also able to enjoy communal landscaped gardens and a rooftop terrace including seating for outdoor dining, working and socialising.

Developer

Our business is acquiring land, obtaining planning consents and building the highest quality homes in places people aspire to live. This is …
Details about Barratt Developments PLC