Leisure/hospitality for sale in Prestwood Lane, Gatwick RH11

From £98,000 (£624.2/sq. ft)
Leisure/hospitality for sale 157 sq. ft*
Interested in this property? Call +44 20 8115 4608 * or Request Details

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Property description

London Heights has exclusive access to this luxury development of 20 luxury serviced apartments located within a prime location of Gatwick, London. Perfectly located within close proximity; 10 minutes from London Gatwick airport, the second largest airport in U.K and the busiest single runway in the world, with 200 worldwide destinations.

The development will comprise of 20 units, made up of a mixture of stunning studio and 1 apartments. All apartments are furnished using only the highest quality materials and appliances, and are decorated in a contemporary modern manner.

By purchasing an individual serviced apartment, you can enter this lucrative sector of the Buy-to-let investment market at an affordable and accessible level, whilst still enjoying excellent yields on your investment.

Serviced apartment suites provide a promising return as the day to day activities are run just like a hotel. London Gatwick serviced apartments are fully managed and operated by professional management company.

London Gatwick serviced apartment suites are purchased on a similar basis to a residential apartment, with a leasehold title, therefore the purchaser will have a tangible asset that can benefit from capital appreciation.

Why Invest in London Gatwick Service Apartments?

• Modern, contemporary and fully-furnished serviced apartments in extremely well-connected location.
• Close to London Gatwick Airport.
• London Gatwick is the second largest airport in the U.K
• £1.2 Billion capital investment programme in London Gatwick Airport
• Commutable distance to the Manor Royal business District.

Investment Highlights

• 12 Months Rental Paid In Advance
• Rental Protected by Insurance
• 5 Years Rental @ 8%
• Rental Renewable after 5 years not lower than 5% or market value which is even higher
• 2% profit paid on exchange deposit during refurbishment
• 7 days free stay subject to 1 month notice
• 40% finance for units above £140,000
• Luxury furniture pack included with every purchase
• Managed by Baker Harrington

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
London Heights International, SE10 on +44 20 8115 4608 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by London Heights International, and do not constitute property particulars. Please contact London Heights International for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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