Dockside at Millharbour in London

Name: Sales in Dockside at Millharbour started!
Start: 2021-10-15T12:25:18.403503+00:00
End: 2023-12-31T23:59:59+0000
Location: Dockside at Millharbour

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Project info

Object ID: 15106

Finished at	December 2021
Price, m²	From 10500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.80 m²
Floors	27
Apartments	77
Condition	Turnkey
Construction type	Monolyth
Security	Intercom CCTV Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

556,500$

Net profit

7,229$

Payback period

58.6 years

Avg property value increase per year

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About the project

Nestled in the heart of the Isle of Dogs, Dockside is located right next to Canary Wharf, the secondary central business district of London. The surrounding area of the complex offers a wide range of cafes, restaurants, bars, and boutiques, thanks to the thriving community of the fast-growing district. Those who are obsessed with fashion will be happy to know that Canada Place Shopping Centre with high-end boutiques and famous designer brands is only 13 minutes away.

Although Dockside at Millharbour takes advantage of the close proximity to the busy Canary Wharf with its numerous shops and restaurants, the immediate area of the complex is part of its own community with a much calmer pace of life and quieter streets. Moreover, encircled by the Thames and docks, the new residential complex benefits from stunning water sceneries and breathtaking views that are perfect for a tranquil stroll. Furthermore, it takes 8 minutes to reach Sir John McDougal Gardens, a leafy riverside park with stunning views of the Thames. If you prefer more landscaped areas for a walk, Canary Wharf offers Jubilee Park with charming footpaths and fountains.

Dockside at Millharbour has the city’s entire transport network at its disposal, including a London River Services pier, as well as DLR and underground stations within walking distance. The Aspen Way road provides a swift way to reach the City by car.

Developer

Created in 2018 from two well-established housing associations, Notting Hill Genesis is now one of the largest housing associations in Londo…
Details about Notting Hill Genesis