Westgate House in London

Name: Sales in Westgate House started!
Start: 2021-08-26T10:29:54.541222+00:00
End: 2023-12-31T23:59:59+0000
Location: Westgate House

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Project info

Object ID: 13962

Finished at	June 2021
Price, m²	From 11145$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 38.00 m²
Floors	9
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

423,510$

Net profit

5,883$

Payback period

52.4 years

Avg property value increase per year

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About the project

The development is situated in Ealing, West London, and is part of an area that is being rapidly transformed from a historical village to a thriving and vibrant part of Greater London. All facilities needed for comfortable and exciting living are found locally. There is a range of diverse dining options, commercial venues, educational institutions for children of all ages and beautiful green areas for sports and recreational activities. Convenient transport links are provided via two underground lines with Hanger Lane and Alperton stations accessible within a few minutes on foot, an overground line and an extensive web of bus routes. Heathrow Airport is less than a half-an-hour drive away from the premises.

The former office building has been revived to be the present-day Westgate House, a vibrant contemporary residential property with several brand-new floors added, interior designed communal spaces for work and leisure, and an exciting see-through roof surface. The central glazed atrium void provides dramatic sky effects at different times of the day. The units at upper levels have access to picture-perfect skyline views. The communal lounge comprising 3 activity-specific zones enhances the possibilities for social interaction and networking.

The living experience at Westgate House starts with a beautiful reception foyer providing round-the-clock concierge service. Residents benefit from a private fully equipped gym, a dry heat sauna, a steam room, a cinema room, an open-plan workspace on the ground floor, and an interior-designed communal sky lounge on the 6th floor. There is secure car parking with bicycle storage space.

Developer

Since we began, our objective has been to build market-leading new homes in locations ready for regeneration - where people would want to bu…
Details about Galliard Homes