Working hours: Sun-Thu 9AM-6:30PM, Sat 10AM–3:30PM

Buying opportunity in the highest growth hotspot in the city of London

1 1 576.00
AED 2,006,250

Type:Apartment
Built Up Area:576.00
REF:MD-S-3617

Only AED 601,875 (30%) deposit needed.

 

 

Wellington Quarter (London) is a boutique residence just seven minutes on foot from Woolwich’s future Crossrail station. Located in Woolwich’s bustling town centre, Wellington Quarter is situated in Greenwich, an area that is predicted to see house price growth of 21% and 19% rental growth in the next five years. Woolwich has already experienced extensive regeneration investment, with more planned in the future. A popular area for young professionals commuting into the city, Crossrail's arrival in December 2018 will further boost Woolwich’s popularity, with reduced journey times to Canary Wharf and the West End. In fact, Woolwich Common is projected to see 48% population growth by 2041 from 2011’s figures, while Woolwich’s Riverside regeneration is driving a population boom of 123%, forming a combined average growth of 87% for the two wards in which the project lies.

 

We work with UK-based mortgage brokers and management & letting companies and ensure that our clients have an end-to-end service, making the whole process much simpler.

 

  • Premium town centre residence with 1/2/3-bed apartments
  • Four-minute walk to Woolwich Arsenal rail station: 27 minutes to Bank
  • Seven-minute walk to future Woolwich Crossrail station: Eight minutes to Canary Wharf, 14 minutes to London Liverpool Street, 21 minutes to Bond Street; 50 minutes to Heathrow Airport
  • Apartment sizes from 566 to 997 square feet
  • Leasehold 250 years
  • Estimated completion Q3 2019

 

Mortgage:

 

  • Average Interest Rate is 3.7%
  • Loan to Value (LTV) is 65%

 

Key Facts:

 

  • Projected gross yields of up to 3.7%
  • Annual Rate of Return Is 6.45% post tax.
  • 10-Year Returns with mortgage – 79.2%
Built In Wardrobes
Carpets
Central Air Conditioning
Community View
Fully Fitted Kitchen
Fully Furnished
Intercom
24 Hours Maintenance
Bank/ATM Facility
Basketball Court
Beach Access
Bus Services
Business Center
Children's Nursery
Children's Play Area
Clubhouse
Communal Gardens
Concierge Service
Cycling Tracks
Fitness Center
Golf Club And Clubhouse
Laundry Service
Marina Berth
Metro Station
Mosque
Polo Club And Clubhouse
Public Park
Public Parking
Public Transport
Recreational Facilities
Restaurants
School
Shopping Mall
Shops
Sports Academies
Squash Courts
Tennis Courts
Valet Service
Walking Trails
Kika Pavese

+971 558239744

kika@mduae.net

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