21st March 2005
Imagine Homes at Eluna, Wapping - Could this be the best investment deal around?
Potential investors in property should take a look at the stylish collection of apartments available through Imagine Homes at Eluna, Wapping, which could offer those new to ‘Buy to Let’ a unique deal.
Eluna is an imaginative scheme located in Central London at popular Wapping, close to Tower Bridge, perfect for today’s professional city-dwellers who demand a fantastic, high specification apartment with a great social scene virtually on the doorstep, and minimal commuting. But, best of all, opting for an investment apartment through Imagine Homes, buyers are tapping into one of the most exciting deals around:
“Our investor buyers opt for one of our specially chosen apartments which are all available at great prices, and then, on completion, we rent it straight back at a 15% rental return over the first 2 years. We pay 7.5% on the day of completion and the remaining 7.5% at the commencement of the second year,” said Daniel Stapleton, Regional Sales Manager “During this time, we fully furnish and equip the property, source the tenant and manage it ourselves, after which it is returned to the buyer and they can either continue to let the property themselves, live in it, or sell it on – all of which makes sound economic sense.”
Exclusive to Imagine Homes, Eluna has a choice of one and two-bedroom apartments, many with balconies. There is also a selection of penthouses with large roof terraces, offering far-reaching city views.
Commuting is excellent. The scheme is just a 5 min walk from Shadwell DLR and then only one stop and a further 3 minutes into The City. From Shadwell, Oxford Circus is 18 minutes away and Canary Wharf is just an 8 minute journey: All helping make this a fantastic proposition for attracting affluent professionals as tenants:
”The scheme has proven extremely popular,” added Gina Morgan Head of Lettings“In the recent weeks, we have let no les than 39 apartments to professional tenants, making this the perfect way to begin investing in London property.
There are now just 14 properties left at Eluna, so hurry. You could soon be enjoying a hassle-free investment which will yield you 15% of the purchase price over two years and offer the opportunity to enjoy a healthy rental return and potential capital growth when the two-year period has elapsed. In the meantime, all the maintenance, management and tenancy issues are taken care of by Imagine Homes.
Prices at Eluna start at £250,000. London Link are our lettings agent for the apartments and for further details, please telephone Imagine Homes at Eluna on 0207 702 4213. For more information on Imagine Homes, please log onto www.imaginehomes.co.uk.