Investors paid 48.66p per share in the New Listing for this property, and it became available on the Resale market March 30th 2016.
From the London suburb of Edgware, these three new-build flats in Premier House boast unrivalled views over the city, just minutes away from Edgware underground station. The shortage of housing in Edgware (a popular commuter location) is likely to support long-term house price growth. These properties were secured off-plan at a significant discount and are geared for enhanced returns.
- The investment comprises 3 new-build flats and is geared at 50% loan-to-value (LTV) of the purchase price. Gearing gives enhanced exposure to property price movements, and the potential for amplified returns; though investors must note amplified negative returns if prices fall.
Edgware is a desirable location to live for young families, with numerous good schools, and a vast range of facilities at hand. This should support strong demand for housing in the area – supporting house prices and rental values. Edgware is well located for commuters. Conveniently connected via Northern Line to central London, it is only 30 minutes away from London’s financial district’s Bank station.
Edgware is favoured to enjoy strong growth in house prices, with the ONS having identified a housing shortage in the area. Edgware also benefits from substantially lower unemployment and higher average income than the national average which is bound to drive up the prices in the area.
You can read more on the investment case here.
Director of Property
Global Director of Residential Property at RBS
Fund Manager, running £500m residential portfolio at Invista Real EstateMember of the British Property Federation’s Residential Committee
Non-executive director of Funding Circle and LMAX Exchange
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Non-executive director of companies including SwiftKey and Amplience Managing Director, Oliver Woodworth (property development company)
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Betfair from startup to IPO
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About Property Partner
Property Partner is a crowdfunding and investment platform that makes it possible for anyone to invest in residential property at the click of a button. Investors can buy shares in individual properties or residential blocks, for as little or as much as they like. Property Partner finds the tenants and professionally manages the properties. Investors receive rental income in proportion to the shares they own and, through our unique secondary market, can exit their investment at a time and price of their choosing.
Property Partner is the trading name of London House Exchange Limited, a private company registered in England and Wales under registration number 08820870 and at registered office 71 Queen Victoria Street, London EC4V 4AY, United Kingdom