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Royal Exchange in London

Name: Sales in Royal Exchange started!
Start: 2021-08-24T12:38:00.543503+00:00
End: 2023-12-31T23:59:59+0000
Location: Royal Exchange

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Project info

Object ID: 13878

Finished at	May 2023
Price, m²	From 10660$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	14
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Underground 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

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

479,700$

Net profit

6,783$

Payback period

53.1 years

Avg property value increase per year

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About the project

Located in Kingston, London’s oldest historical borough, Royal Exchange is a brand-new community in the area with rich and exciting heritage and a fast-evolving present. Just 4 km away from the Thames riverside and with more than one-third of the nearby area covered in trees and greenery, the property offers opportunities for quality outdoor pastime right at your doorstep.

The buildings have features reminiscent of the area’s past as well as distinct contemporary aesthetics and functionality. The property boasts two private landscaped outdoor spaces inspired by historical courtyards of the renowned St George borough. There is a piazza with a selection of shops and restaurants to enjoy without leaving the site. Furthermore, there is access to the rooftop terraces. Among the benefits of living at Royal Exchange are the 24-hour concierge service, a residents-only gym, a cinema room, parking places, bicycle storage, and e-car charging points.

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