Investment project, London, UK

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Investment project, London, UK

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Features
  • Operating Incomе: 309,594 €
  • Land area: 3,990 m²
  • End of lease: 2019

The property for reconstruction with a building permit.

Description

The property consists of a one-story building with a car rental business, administrative and office premises, an open storage space and a three-story building with 3 apartments.

According to the project, a partial demolition of existing structures and the construction of a new residential complex of two buildings with 32 apartments, including parking for bicycles and a children's playground, is planned.

The residential area of the property will be 2,015 m², and the area of the yard will be 175 m².

Ownership type: Freehold.

Financial performance

The absolute annual income is £ 271,380.

Tenants

An anchor tenant is a car rental company.

Lease agreement is valid until December 24, 2019.

The tenant is ready to vacate the premises for the period of construction and then enter into a new lease for 15 years.

The apartments are rented until 31.12.2018.

Location and nearby infrastructure

Kennington is a densely populated southern suburb of London, located within the Lambeth London area, in about 2.3 km to the south of central London.

The property is located in a residential area. There are restaurants, schools, cafes and a gym, a farmer's market nearby.

The nearest metro station is 500 meters away, there are also motorways and several bus routes that connect the area to the city center.

The Clapham Common Park can be reached in a 5-minutes drive, The Waterloo — in a 6-minute drive, and the Leicester Square — in a 11-minute drive.

Statistics in London

Price per m², £
13,372
Healthcare efficiency level
68
Index 68 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 13,372.16
Apartment in a bedroom community, m² 7,712.08
Transport Price, £
Public transport, 1 ride 2.55
Monthly travel card 152.97
Taxi, 1 km 3.86
Petrol, 1 l 1.32
Food Price, £
Water, 1.5 l 0.91
Milk, 1 l 0.98
White bread, 500 g 1.08
Eggs, a dozen 2.11
Chicken fillet, 1 kg 6.36
Education Price, £
Kindergarten, per month 1,321.1
International school, per year 17,572.99
Health care index
Staff competence 67.16
Medical equipment 82.69
Research accuracy and completeness 66.96
Attitude towards patients 70.34
Security index
Crime rate 61.59
The risk of being robbed 54.07
The risk of car theft 50.18
The risk of break-in and property damage 58.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anatoliy Onufriev
Anatoliy Onufriev
Investment Consultant
+44 17 4822 0039
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