New Avenue in London

Name: Sales in New Avenue started!
Start: 2021-08-30T07:20:12.139442+00:00
End: 2023-12-31T23:59:59+0000
Location: New Avenue

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Project info

Object ID: 14023

Finished at	May 2025
Price, m²	From 7100$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 99.10 m²
Floors	9
Apartments	451
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area 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

702,900$

Net profit

9,376$

Payback period

59.8 years

Avg property value increase per year

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About the project

The new complex is located in the suburban area of Oakwood, in the London Borough of Enfield. There are several parks near New Avenue to enjoy the outdoors, including Oak Hill Park and Oakwood Park. Furthermore, this place offers excellent opportunities for education, as schools, colleges, and kindergartens surround the complex. You can walk to the nearest grocery store in 7 minutes and there is also a unique coffee shop nearby, Heddons Kitchen. For a cultural break, visit Southgate's Chickenshed Theater for comedy and musical performances. Fantastic connectivity into central London includes the Southgate and Oakwood Station tube stations, as well as a number of bus stops.

New Avenue is a collection of several terraced houses as well as large blocks. The maximum number of floors is 6. The buildings are finished with golden and grey bricks. Most houses have gable roofs, and large blocks have flat roofs where terraces are placed. In general, the complex resembles a small independent town, built in a modern style and thought out to the smallest detail.

The modern complex offers its own community centre, so everything here is organized in such a way as to ensure the maximum comfort of living and communication. There are many common outdoor spaces throughout the property, including manicured gardens and neat asphalt paths. New Avenue comes with an excellent playground for children to relax and play. The complex also provides ample parking and quiet streets, making it the ideal environment for quality living in London.

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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