9 Millbank in London

Name: Sales in 9 Millbank started!
Start: 2021-08-25T07:33:07.918913+00:00
End: 2023-12-31T23:59:59+0000
Location: 9 Millbank

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Project info

Object ID: 13909

Finished at	December 2022
Price, m²	From 34000$
Housing class	Business
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 328.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
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

11,152,000$

Net profit

9,376$

Payback period

948.7 years

Avg property value increase per year

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Promos and discounts for 9 Millbank

About the project

9 Millbank gives you the opportunity to live in the heart of London, as the most famous city sights are located within walking distance of the complex. Big Ben, Buckingham Palace, Houses of Parliament, Westminster Abbey and Lambeth Palace can be reached on foot. In addition, the building offers stunning views of some of the well-known landmarks as well as the Victoria Tower Gardens Tower.

The residential complex is an excellent option for art lovers as there are a lot of museums, theatres and operas in the nearby area, including Tate Britain, the National Gallery, the British Museum, the Royal Opera House and the National Theater. The abundance of green spaces makes the building's location incredibly attractive, as you can go for a walk in the fresh air or feed the ducks at the lake in St James's Park. Also close to 9 Millbank are numerous elite schools, colleges and universities.

The location of 9 Millbank provides a wide range of stores and supermarkets for shopping. For those who like to dine in restaurants, there are lovely gastronomic establishments with rich menus at your disposal. Also, the complex is located in the centre of an excellent transport interchange with several metro stations, bus stops and even piers.

Developer

Berkeley Group builds homes and neighbourhoods across London, Birmingham and the South of England. We revive underused land, creating welcom…
Details about Berkeley Group