a development that is reasonably priced but with maximum potential with a 10 year rental option
26 January 2010 (Hong Kong) - Number One Lamb’s Passage, a new modern apartment complex in the City of London is now on offer by Nicholas King Homes PLC. The development offers an ideal opportunity for those looking to an investment or those seeking a property for owner occupation in the very heart of the World’s Capital City.
Number One Lamb’s Passage is situated in a prime city of London location between Barbican and Moorgate underground stations close to the Bank of England and the River Thames. It is also a few minutes by bus or underground tube to University College London, London School of Economics and Kings College.. Prospective buyers can choose between studios, penthouses and 1 or 2 bedroom apartments, all superbly designed with stylish fixtures and fittings, with an array of high tech creature comforts such as under floor heating plus comfort air cooling system. The designers have aimed to provide an intelligent use of space combined with contemporary luxury and a daytime concierge is also available to ease your busy life. Prices start at ￡325,000 up to £850,000 for a penthouse apartment has two spacious terraces each.
Amous Lee, Director of International Investment at Knight Frank, is confident that Hong Kong investors will be encouraged by the unique investment package offered at Number One Lamb’s Passage. Amous Lee continues: “This is a wonderful opportunity with great potential for investors in Hong Kong & mainland China. Located at the heart of one of the world’s most vibrant cities, it’s proximity to such a wide range of amenities and services make it an attractive investment for any serious investor. Purchasers have the option to immediately let their apartments to a service apartment operator for a period of up to 10 years with annual rental increases and regular break options. To assist the purchase a financial option of the interest only payment scheme for the first 3 years has been sourced from banks in Hong Kong.”
Mr. Lee further explains, “London’s luxury residential prices rose 2.1% during December, prices have now risen 13.8% since March 09. Most signs indicate that the global economy is recovering from the financial crisis, as investors are beginning to regain confidence and invest in certain property markets. Many investors have looked to the UK as the Sterling is still relatively low when compared to the peak of 2008. The long term rental income has enhanced its appeal in the eyes of even the most cautious investors.”
Nicholas King Homes, developer of Number one Lamb’s Passage, is a privately owned development Company who are building new luxury homes, highly individual houses and superb quality apartments in prime locations around Berkshire, Buckinghamshire, Hertfordshire, Surrey and London. Based in Penn, near Beaconsfield, the company has grown to become one of Southern England’s leading independent house builders.
Knight Frank with its network of over 200 offices worldwide and over a hundred years of experience in the international property industry, has provided trusted advisory services to some of the most influential clients in the world. The firm remains unique in its coverage of the international residential market by offering a wealth of diverse properties, from 15th century castles to Park Avenue penthouses, as well as some of Asia’s finest addresses.
An open exhibition will be held at the Landmark Mandarin Oriental Hong Kong on 30-31, January 2010. For more information about Number one Lamb’s Passage, please visit http://www.nkhomes.com/home.
Number One Property Exhibition
Date: 30 - 31January, 2010
Time: 10:00 a.m. - 5:00 p.m.
Venue: Tian & Di Room, 7/F, The Landmark Mandarin Oriental Hong Kong ,15 Queen’s Road Central, The Landmark, Hong Kong
RSVP: Caren Chiu
Tel: +852 2846 4861 Mob: +852 6198 4732
Email: caren.chiu@hk.knightfrank.com