Stone Studios in London

Name: Sales in Stone Studios started!
Start: 2021-09-01T07:05:45.304129+00:00
End: 2023-12-31T23:59:59+0000
Location: Stone Studios

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Project info

Object ID: 14102

Finished at	December 2020
Price, m²	From 11400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.30 m²
Floors	5
Apartments	120
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

570,000$

Net profit

6,783$

Payback period

63.2 years

Avg property value increase per year

Open ROI calculator

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About the project

Stone Studios is located in the neighbourhood of Hackney Wick, the London Borough of Hackney. This highly popular area is known for canalside locations taken over by artists, startups and independent breweries and turned into contemporary cultural and gastronomic hubs. The nearby Victoria Park offers an amazing range of activity-specific zones: a tennis club, a cricket net, a skatepark and a children’s playing area. The city’s two major focal points for world-class retail therapy – Westfield Stratford City and Stratford Shopping Centre – are not more than a 10-minute drive away from the premises. Residents of the development have access to excellent transport connections with the Hackney Wick overground station at their doorstep, the DLR tram line and a selection of bus routes.

Stone Studios is a micro-neighbourhood build on the site of a former industrial facility and designed by Pollard Thomas Edwards to preserve the authentic local vibe and create a vivid mixture of residential units, creative spaces, a co-working facility and a café. The inspiration of the industrial past shows through the brick facades and balconies with metal rails. The life-work balance in the area is maintained through the range of cultural and recreational venues, and it is always a pleasure to return to a spacious, light-filled apartment at Stone Studios or spend some time in the communal courtyard.

Among the benefits of living at Stone Studios are a 12-hour concierge service, bicycle storage space and underfloor heating in all units. Security is provided via a monitored CCTV system and a video entryphone system to every apartment.

Developer

Telford Homes is a leading London-focused residential and mixed use property developer. We are a Trammell Crow Company developer that specia…
Details about Telford Homes