Lock No 19 in London

Name: Sales in Lock No 19 started!
Start: 2021-08-25T10:38:24.095309+00:00
End: 2023-12-31T23:59:59+0000
Location: Lock No 19

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Project info

Object ID: 13917

Finished at	December 2020
Price, m²	From 9820$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.50 m²
Floors	6
Apartments	160
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

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

491,000$

Net profit

6,783$

Payback period

54.4 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Lock No 19

About the project

Lying within the London Borough of Tower Hamlets, Lock No. 19 is placed in Hackney Wick, a vibrant neighbourhood known for its lively art scene. Creating a unique atmosphere, the district bustles with quirky cafés, warehouse pop-up galleries, creative eateries, and craft breweries.

Perched on a bank, where Hackney Cut meets the River Lea and Hertford Union canal, Lock No. 19 enjoys stunning water sceneries, coupled with the charming greenery of Queen Elizabeth Olympic Park and Victoria Park. The former is home to a wide variety of sports facilities, including London Stadium, where you can watch West Ham United FC play against other Premier League teams. Meanwhile, Victoria Park offers 86,18 hectares of lush greenery, dotted with decorative gardens and charming lakes.

The nearby Hackney Wick Station provides Overground services that help you reach Liverpool Street, Clapham Junction, and Wembley Central, among many other popular destinations. In addition, the nearby East Cross Route offers access to London’s major roads.

Developer

We aim to deliver great service and quality to every customer, every time, and we’re always looking for ways to improve ourselves. Our relat…
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