Luxury Apartment in London
Cobb Street is situated in the heart of The City of London; the heartbeat of Europe’s finance district and only minutes walk from Liverpool Street station and other icons such as The Gherkin, Bank of England and London Stock Exchange. It is a boutique mixed use development that comprises of 9 residential units being sold exclusively through homesgofast; of which we have 4 remaining. Please see attached for additional information on the project and the latest availability list.
Recent months have seen increasingly positive data being reported on the UK market. As stock levels of prime London property show signs of drying up and with sales volumes and mortgage approval rates significantly higher than they were 12 months ago, the London property market is showing signs of improvement. This trend is only set to increase over the medium term as liquidity return to the market with credit lines re-opening and consumer sentiment continues to improve. The London Borough of Tower Hamlets, in which Cobb Street is located, has reported a fall of around -14.1% over the last year. It was, however, the best performing borough in July posting gains of 3.1%+
Key project information includes:
· Due for completion Q4 2010
· 1, 2 and 3 bedroom units
· 667 sq ft – 1249 sq ft
· From approx GBP 450,000
· Approx rental yields of 6%
· 4-7 minutes walk from 5 major London Underground Lines (Central Line, Circle Line, District Line, Metropolitan Line and Hammersmith & City Line)
· 10% deposit required on reservation with 5% required at exchange around end of October (85% on completion Q4 2010)
· Massive under supply of residential property in this location
More property photographs
  |
|
