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Royal Albert Wharf in London

Name: Sales in Royal Albert Wharf started!
Start: 2021-10-15T11:08:20.807673+00:00
End: 2023-12-31T23:59:59+0000
Location: Royal Albert Wharf

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Project info

Object ID: 15102

Finished at	September 2017
Price, m²	From 6770$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.90 m²
Floors	9
Apartments	1059
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	Intercom CCTV Reception
Conveniences	Parking Fitness 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

9,026$

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

338,500$

Net profit

6,783$

Payback period

37.5 years

Avg property value increase per year

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About the project

Placed on the edge of Royal Docks, the new residential complex boasts a riverside location with the River Thames on one side and the docks on the other, enjoying beautiful water sceneries that belong to the London Borough of Newham. The fast-growing riverside industrial district is steadily becoming a new hub for business and culture in London, keeping up with the nearby Canary Wharf. The area is packed with numerous eateries, shops, and businesses that provide everything residents might need.

To get some rest from all the noise and stress, residents of Royal Albert Wharf are welcomed to enjoy the serene sanctuary of Royal Victoria Gardens that offers riverside strolls amidst its lush greenery. For more active leisure, the park features a splash pool, a playground, and tennis courts.

Royal Docks have unrivalled transport connections. Linking the area to Canary Wharf, Waterloo, and Heathrow Airport, the Gallions Reach DLR station is within touching distance of Royal Albert Wharf. In addition, London City Airport is just a 7-minute drive away.

Developer

Created in 2018 from two well-established housing associations, Notting Hill Genesis is now one of the largest housing associations in Londo…
Details about Notting Hill Genesis