Greenwich Millennium Village in London

Name: Sales in Greenwich Millennium Village started!
Start: 2021-08-30T06:21:22.720857+00:00
End: 2023-12-31T23:59:59+0000
Location: Greenwich Millennium Village

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Project info

Object ID: 14018

Finished at	September 2022
Price, m²	From 3300$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 107.00 m²
Floors	26
Apartments	3600
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

353,100$

Net profit

9,376$

Payback period

30.0 years

Avg property value increase per year

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About the project

Greenwich Millennium Village is situated on the Greenwich Peninsula, an area that provides easy access to Canary Wharf and central London, yet is secluded from the bustling city life. The world-famous O2 Arena is within 12 minutes by car. The property has an on-site village square, shopping, catering, and educational amenities. The area is right next to the Thames waterside path which residents can enjoy at all times.

In Greenwich Millennium Village, nature is within a hand’s reach. 50 acres of land were purposefully redeveloped on the peninsula to restore a former industrial site into an area with an abundance of greenery. A four-acre freshwater park bustling with wildlife is located in the central area of the development. Among other available open spaces are a ‘green corridor’ along the riverbank and an on-site yacht club.

Greenwich Millennium Village residents have a 24-hour Concierge Service to help with tasks like parcel delivery and to turn to in emergencies. A range of necessary on-site amenities is available: a laundry service, a convenience store, a pharmacy, a hair salon and more. Childcare and educational facilities range from Millennium Minis for the youngest children to a high-ranked community primary school and a variety of secondary school options.

Developer

Our placemaking approach, not only builds high quality homes, but also thinks critically about the social and digital infrastructure, transp…
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