Lowen Place Apartments in London

Name: Sales in Lowen Place Apartments started!
Start: 2021-10-11T07:10:06.326617+00:00
End: 2023-12-31T23:59:59+0000
Location: Lowen Place Apartments

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Project info

Object ID: 14974

Finished at	March 2021
Price, m²	From 7650$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	5
Apartments	80
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

9,495$

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

413,100$

Net profit

7,229$

Payback period

43.5 years

Avg property value increase per year

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Promos and discounts for Lowen Place Apartments

About the project

The final phase of the Orchard Village development, Lowen Place Apartments is located in Rainham, a suburban area that lies within the London Borough of Havering. Away from the hustle and bustle of central London, the neighbourhood offers a charming collection of independent shops and authentic restaurants. Steeped in history, Rainham is packed with old buildings, including the majestic Rainham Hall and a Norman church that dates back to 1170. Additionally, the area bursts at the seams with green spaces. A short walk away is Beam Valley Country Park, a nature reserve sprawled across 180 acres that bustles with wildlife. Another leafy sanctuary nearby is Old Dagenham Park, which also provides a wide array of sports facilities, including tennis courts, football pitches, outdoor bowling, and a wheel park.

The new residential complex is placed between four train stations: Dagenham Heathway, Dagenham East, Dagenham Dock, and Rainham. The stations provide access to the District and C2C lines. There is also a new station underway, which will bring the C2C line even closer to Lowen Place Apartments.