Apartments for sale in London, England

Price: £440,000 - £760,000

Area: Greenwich, LondonSleeping rooms: 1-3 Total area: 50 m2 - 130 m2Kidbrook Village is being built on 109 hectares in the historic Greenwich district of London. A wide range of comfortable houses and apartments will be offered here. All necessary infrastructure is also being built: parks, tennis courts, sports fields, a supermarket, shops, bars, restaurants, schools, a medical center, a hotel and a fitness center.

Kidbrook Village will consist of four residential complexes. A distinctive feature of all apartments will be panoramic glazing. It is planned to put carpet in the bedrooms, and natural wood floors in the living rooms. The absolute advantage of the complex is cozy courtyards with private gardens and an open space for relaxation. Residents will also have free parking at their disposal.

Kidbrook Village is uniquely located in a green area and at the same time offers an excellent transport interchange. London Bridge Station in London's first zone can be reached in just 15 minutes, and Victoria Station in 28 minutes.

The completion of the construction is phased.

Leasehold is 999 years old

Payment scheme:

- Reservation of an apartment for £2,000

- 10% of the apartment price when exchanging contracts after 21 days

- 10% of the apartment price 6 months after the exchange of contracts

- 5% of the cost of the apartment will need to be paid after another 6 months

- 75% balance upon delivery of the complex

Investments in new buildings at an early stage of construction are interesting because the buyer fixes the purchase price when signing the contract, and pays only 10% - 20% of the cost of the apartment before completion of construction.

With a 20% deposit and an increase in market prices of about 10% per year, investors earn up to 30% on invested capital before completion of construction with favorable terms of the transaction, such as a deposit guarantee and the right to resell the contract before completion.

New buildings in London are rented with a 10-year warranty from the National Housing Commission (National Home Building Council) in a ready-to-move condition, with a fully equipped kitchen and bathroom and well-finished rooms. As a rule, the developer also provides a 1-2 year warranty on the finishes and appliances.