Lancer Square in London

Name: Sales in Lancer Square started!
Start: 2021-09-14T08:14:45.411824+00:00
End: 2023-12-31T23:59:59+0000
Location: Lancer Square

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Project info

Object ID: 14398

Finished at	December 2021
Price, m²	From 39700$
Housing class	Elite
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 149.00 m²
Floors	7
Apartments	51
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool 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

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

5,915,300$

Net profit

9,376$

Payback period

503.2 years

Avg property value increase per year

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About the project

An elite new complex is located in Kensington, in the Royal Borough of Kensington and Chelsea in Central London. Lancer Square is surrounded by palaces, including Kensington Palace, as well as gardens and parks, such as the royal Hyde Park. All this testifies to the high status of the complex. It is both a quiet and bright place to live. Shopping fans can head to Kensington High Street, which is famous for its luxury shops. Food lovers can appreciate the many different restaurants, cafes and pubs located within a minute's walk from the house. Kensington is an area with a large selection of excellent educational facilities for children of all ages. If you need to get to any part of London, you can take advantage of the excellent transport links. These include the High Street Kensington and Notting Hill Gate tube stations, Kensington train station and several bus stops.

What are the technical features of the complex?

The surrounding royal heritage inspired the exterior design of Lancer Square. This is an elegant residential complex that blends harmoniously with the luxurious local cityscape. Lancer Square consists of 4 buildings, which vary in height from 4 to 7 floors. The exterior walls are finished with rich brown and red bricks. The windows and balconies are additionally framed in white. The upper and lower floors are also further highlighted in white. The landscaped terraces are located on the flat roof of the complex.

Which amenities are on the territory?

There is a luxurious lobby with a symmetrical design, soft colours, and classic motives on the ground floor of the complex. There are also common areas, including a cosy cafe for residents and their guests. The complex provides offices and retail spaces. Lancer Square offers an impeccably designed spa to unwind, treatment rooms and a state-of-the-art gym. In addition, residents have a beautifully designed inner garden at their disposal with subtle lighting and a beautiful design using natural materials.