Prices from £220,000, 2 years 6% net rent guarantee, 10% deposit
X1 Chatham Waters is an exciting new development commanding a beautiful waterfront setting in Medway, Kent a mere 36 minutes by train from London's Kings Cross. Set on a harbour, these exclusive 1, 2 and 3 bedroom apartments boast private balconies with stunning views across the quayside, are extremely spacious, and have a contemporary feel throughout.
As far as London commuter-belt investment properties go, X1 Chatham Waters is pretty unique. As part of a massive generation, this waterfront setting is likely to witness some significant capital growth which will appeal to both buy-to-let investors and owner-occupiers alike.
The project is being built by the award-winning developer X1 and is scheduled for completion in November 2020. Once completed investors can enjoy a 2-year rental guarantee at 6% net or alternatively opt for a 3 years 5% net rental guarantee. Crucial to this project is the fact that it forms an integral part of a wider £650m waterfront regeneration project being developed by Peel Group which will see the Chatham Docks area regenerated into new retail, residential property, leisure facilities and also new transport links.
Chatham and the surrounding area is in itself one of the fastest-growing London commuter belt towns and is currently undergoing a 20-year regeneration program of economic growth, new infrastructure and waterfront properties making the town one of the best prospects for capital growth in the UK.
Property prices in the area have risen over 240% in the past 20 years and are scheduled to rise by 25-30% over the next five years. The population of Kent is also increasing with a forecasted 22.9% growth in the population by 2031. Transport links to the area couldn't be better with a total journey time door to door from the project to London is just under an hour.
The developer has an exceptional track record with 27 completed developments, 9 projects currently under construction, 7 upcoming projects with over 7,500 units sold.
As this project is very nearly complete, it represents very little risk when compared to other off-plan projects in London's commuter belt.
This opportunity represents the perfect opportunity for investors wishing to capitalize on the expansion of the city of London. What with COVID-19 many residents are moving out of Central London due to not having to be in the office every day. With property prices in Chatham nearly a third of those in Central London, Chatham and surrounding areas are destined to benefit from an influx of city workers arriving at its doorstep in search of more value for money.
Mixture of 199 one, two and three-bedroom apartments with stunning waterfront views#
Secure car parking
State of the art gymnasium
Beautifully landscaped gardens
Commercial units on ground floor
Stunning wrap-around balconies on some apartments
High spec and spacious apartments
Prices starting from just £220,000
1, 2 and 3 bedroom apartments
2 years rent guarantee at 6% net or 3 years at 5%
Just 10% Deposit required, balance on completion
House prices in Medway Kent have risen 54% between 2014 - 2018
250 years leasehold
Service charge £2/sq ft per annum
36 minutes by train from London
10 years full build warranty
Award Winning Developer
Stunning water views from most apartments
Prices from £190,000, 6% Yield Projected
Set in the heart of Birmingham's historic Jewellery Quarter is this contemporary new-build, 5-storey development of 30 high-quality, luxury, boutique 1-,2- and 3-bedroom apartments. This new build project in Birmingham offers all the benefits of city living with extensive communal and landscaped gardens designed to provide tenants with on-site outdoor space for recreation and relaxation.
This new build property investment opportunity is close to major landmarks in Birmingham City Centre, including the business district, The Bull Ring, The Mailbox, and Grand Central Station. This prime location contributes to making this property an excellent purchase for a discerning owner-occupier or a shrewd investor looking for a great buy-to-let property.
This brand-new property development in Birmingham is due for completion in Q2 2021, removing the development risk associated with other off-plan properties for sale. From an investment point of view, this makes perfect sense for investors looking to capitalise on the growing Birmingham residential property market with a high-end investment property.
Service charges are reasonable at just £1.31 per sq. ft. and ground rent is 0.1% of the purchase price capped at £250. Finance is available, and investors require just 20% deposit on exchange within 28 days and then the balance is payable with either cash or a mortgage on completion.
Boutique development of just 30 apartments
Mix of 1-, 2- and 3-bedroom apartments
Some apartments with private terraces
Completing Q2 2021
Projected yields of 6%
£5000 reservation fee
20% deposit on exchange, balance on completion
Walking distance to prime sites in Birmingham city centre
Communal landscaped garden area
18th February 2020
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