The Osborn in London

Name: Sales in The Osborn started!
Start: 2021-09-03T08:21:33.245737+00:00
End: 2023-12-31T23:59:59+0000
Location: The Osborn

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Project info

Object ID: 14191

Finished at	February 2020
Price, m²	From 10450$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	5
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	Intercom CCTV
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

522,500$

Net profit

6,783$

Payback period

57.9 years

Avg property value increase per year

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About the project

Located in the London Borough of Tower Hamlets, the new residential complex is nestled right next to the City and the main landmarks of the capital. It takes 15 minutes to reach the Tower of London or 13 minutes to look up close at the famous Gherkin.

As part of the centre, the area is endowed with a wide diversity of cafes, restaurants, bars, galleries, and boutiques. The choice of cuisine is impressive, including Japanese, Turkish, Indian, and Caribbean restaurants, to name a few. Gourmands, who like cooking, will find everything they need in numerous markets nearby, while fashionistas will be busy rummaging through various malls and shops.

A few small pieces of greenery are scattered around the Osborn Apartments to freshen up the area. Those little leafy sanctuaries include Finsbury Circus Gardens, Altab Ali Park, Weavers Fields, and Vallance Gardens.

Due to its close proximity to the City, the new complex is easily accessible by road and underground. Whitechapel Road and Commercial Street are a stone’s throw away, providing links to the London Inner Ring Road and the very heart of the capital. In addition, the Aldgate East station offers access to the Hammersmith & City and District lines.

Developer

Goldenstone was established in 2014, so as a company we are fairly new to the London property scene. However, collectively as a team, we hav…
Details about Goldenstone