Southbank Place in London

Name: Sales in Southbank Place started!
Start: 2021-08-30T11:46:08.657343+00:00
End: 2023-12-31T23:59:59+0000
Location: Southbank Place

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Project info

Object ID: 14032

Finished at	March 2022
Price, m²	From 23100$
Housing class	Business
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	20
Apartments	108
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa 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

9,495$

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

1,386,000$

Net profit

7,229$

Payback period

146.0 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Southbank Place

About the project

Located on the edge of the London Borough of Lambeth, Southbank Place is flanked by the famous Waterloo station and Jubilee Park with the London Eye looming over it. Placed on the south bank of the Thames, the new residential complex is within walking distance of numerous tourist attractions, art galleries, theatres, and famous restaurants. You can watch the latest blockbusters on a huge screen of BFI IMAX, check out a new exhibition at Hayward Gallery, enjoy a classical play, performed on the stage of National Theatre, or attend a concert at the Royal Festival Hall, all within a 7-minute walk.

To get a temporary reprieve from the hustle and bustle of the megapolis, the area offers Jubilee Park with mature trees, lawns, and a playground. Furthermore, the Queen’s Walk provides a beautiful place for a tranquil promenade along the river.

The close proximity to Waterloo entails a large selection of transport links near the complex. Apart from providing access to the Bakerloo, Jubilee, and Northern Underground lines, the railway station links the area to various major towns and cities outside London, including Bournemouth, Guildford, Portsmouth, and Southampton.

Developer

Canary Wharf Group is the developer of the largest urban regeneration project in Europe.We are a commercial and residential property compan…
Details about Canary Wharf Group PLC