The luxury apartments are estimated to be completed at the end of 2021. There will be 50 units available and all apartments will be stylish with contemporary open plan living areas, fitted kitchens with integrated appliances and modern bathroom suites. Built in appliances include Cooker Top and Range Hood and the kitchens are fully equipped with built in cupboards, splashback, worktops and half sink mixer tap. Anti-slip vinyl flooring and stainless steel fixtures with stylish bathrooms are standard offering luxury and comfort. The apartments are set to become a great investment with high economic growth expected in the area. High specification finishes with bespoke flooring and contemporary style are set to suit most lifestyles.
Two bedroom apartment prices start at £109,995 with legal fees estimated at £850.00. Reservation deposit is 5% at £5,499.75. Estimated rental Income is £650.00 per month / per annum £7,800.00 with an estimated yield based on above 7.09%. Monthly repayment plan is estimated to be £32,998.50 deposit divided by 24 month. Two bedroom apartments offer from 57m2 living area. There are two options for purchase, a Payment Plan with no mortgage or a Mortgage Plan. Service charges are estimated at £900.00 and Ground Rent at £250.00.