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Investment Highlights

  • Iconic Luxury Conversion of 9 apartments in Woolwich.
  • 10% negotiated discount , offering 1 bedroom apartments from £342,000 & 2 bedrooms from £454,500.
  • Rental Income on (1 Bedroom apartments aprox £1,350pcm)( 2 Bedroom apartments aprox £1,850pcm – £2,100pcm)
  • Luxury finish throughout including under floor heating & engineered wood flooring.
  • Located in one of London’s property hotspots , set to see 39% growth by 2020.
  • Excellent transport links already in place and with the introduction of Cross Rail Elizabeth Line in 2018.
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Mayweather Estates are delighted to offer our investors a unique opportunity to purchase in a iconic luxury conversion in one of London’s most sought after property hotspot’s Woolwich.  The development will offer a boutique scheme of 9 individual apartments in the Old Fire Station , a listed building retaining its original features and built to the highest of standards.  The development is perfectly positioned to benefit from Woolwich’s excellent transport connections and with the introduction of the cross rail line in 2018 , the area is forecasted to see 39% growth by 2020. Making this a perfect investment opportunity for both the buy to let investor and home owner.  We have negotiated directly with the developer, through our bulk purchasing power a genuine 10% discount off open market values, which sees prices starting from £342,000 offering rental returns of 4.7%.

Luxury 1 Bedroom Apartment From £342,000

Cash Flow

25% Deposit – £85,500

Estimated Rental – £1,350pcm

Mortgage 75% LTV@2.99%  – £640pcm (subject to status)

Service Charge & Ground Rent Aprox £117pcm

Cash Positive – £593pcm or £7,116pa

 

Luxury 2 Bedroom Apartment From £454,500

Cash Flow

25% Deposit – £113,625

Estimated Rental – £1,750pcm

Mortgage 75% LTV @2.99% – £849pcm (subject to status)

Service Charge & Ground Rent Aprox £125pcm

Cash Positive –  £776pcm or £9,312pa

Property On Google Map

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