PROPERTY INVESTMENT - SALE OF 20x5% SHARES IN NEWLY CONSTRUCTED PROPERTY
Shared Ownership / Property Investment
Olympic Village Site - Bow, East London. E3 2PA. Buy To Let Mortgages.
You may have realised, due to rises in Interest rates lately, coupled with the shortage of reasonably priced homes in the London area, it has become almost impossible to buy property with a mortgage and realise some kind of profit on rental income.
In many cases, as is the case with me. I find myself having to subsidise my tenants so I am able to make my mortgage payments every month to meet the needs of my 5 year plan.
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Sometimes you have to lower your expectations !
Ten years ago. - If you had Twenty Thousand Pounds you were comfortably on the property ladder, could get a mortgage easily and could almost demand an interest rate that would suit your needs. You were hot property as far as Building Societies were concerned.

Five years ago - It was getting a little more difficult to buy property alone on a mortgage. Property had already begun to rise and was getting out of control very quickly. Twenty Grand wasn't worth Twenty Grand anymore. The banks considered anything less than a 20% as a small deposit and would punish you by limiting the products they offered. This would be reflected in the mortgage interest rates you would be expected to pay.

Three Years ago. - If you hadn't bought a property by now because you are waiting for that "PROPERTY CRASH" then you had well and truly missed the boat. You could be waiting and waiting and waiting....... All the time that Twenty Grand is worth less and less every three months in relation to "SOLD PRICES" in that area you wanted to buy in.

The arrow shows the apartments amazing " location location location". Soon to have an uninterrupted view of the 2012 Olympics across the River Lee Canal.
The view at present is a nice canal view and the Royal Mail Parcel Post depot.

Now You Can Get on The Ladder - Invest with No Mortgage Payments.
For an average investment of less than 17,000 you can buy a 5% Unit share in a managed Two Bedroom Executive Riverside Apartment situated on the Site of The Olympics which will yield a guaranteed 4% return on your money, paid monthly and a capital growth which has averaged 12% every year for the past 3 years. This is while the property has been constructed.

The Olympic Effect.
As The 2012 Olympics draw closer, so does the day East London becomes a more desirable place to live. No longer will the area be surrounded by scrap yards and Industry, as it is today. Instead those eyesores will be replaced by shiny new buildings which form part of London's biggest building project for 100 years.
East London is set to become THE LONDON seen in every home across the world.
I am not asking you to live in this area, there is no money in that !
Why buy a property in an area which has already benefited from regeneration ? In most cases though, it is impossible to put in place a mortgage for the amount needed, without a very large deposit unless you are earning in excess of ONE HUNDRED THOUSAND POUNDS a year.

I was lucky enough to have the foresight and belief in 2004 which allowed me to benefit from London's success in winning The Olympics, this is the reason I wish to remain as a part owner along with those who wish to purchase a Unit or Units in this property.
I personally believe the 12% rise will continue for another year and once the 3rd phase of the Development is completed I expect a rise of around 20% upon completion..... A Double Whammy !

The Olympic Effect will be realised in around 2 years, I would guess. It would be foolish and dishonest for me to promise or guess how much the Olympics will affect this property, but I would be extremely disappointed if the apartment is not worth SIX HUNDRED THOUSAND POUNDS by 2012.

That is My New 5 Year Plan. Contact mark@exceldocklands.co.uk

The lounge is over 40 feet long, doors to the bedrooms are on the left, the Kitchen is on the right, with cooker and washing machine, the peninsula unit has cupboards, and draws and includes a fridge and freezer. This view is from the Canal side. The double doors open on to a very modern and stylish Balcony that over looks the internal courtyard and car park, there are stairs and lift either end of the balcony.