Garton Jones real estate clients hit the jackpot as property profits soar12 May 2014
Luxury residential agents Garton Jones Real Estate are delighted to announce that property investors who purchased homes in upmarket development Embassy Gardens on Nine Elms Lane, SW8 have seen record profits in the last 12 months.
This spectacular development by renowned developer, Ballymore has attracted foreign and UK based investors alike and those that have made the decision to sell their apartments before completion have seen fantastic returns on their initial deposits. On average the returns from the re-sales completed by Garton Jones have been 133% with the highest return for one client being 317.5% which is staggering and a very real indication of how the Nine Elms market is far outstripping the returns other clients are seeing elsewhere in the London property market. These incredible results also prove that the advice being given by the sales team at Garton Jones has been paying off.
With the prices of new developments and new phases of existing developments in the same location also increasing as they are released, it’s not just the original buyers that are benefitting from the current wave of re-sales. Evidence is clear that in most respects if you can afford to repay the sellers deposit and pay the profit element of the re-sale upfront, then you are getting better value for money than you would be expected to pay with the developers directly and prices continue to rise with every new sale agreed. As such it’s an almost win’ win situation for everyone involved.
About Embassy Gardens
With a sought-after Central London location on the banks of the River Thames by Battersea Power Station, and close to London’s cultural hub, the Southbank, Embassy Gardens has spectacular views towards Westminster and the City in the North/East, and Battersea and Chelsea in the North.
The US Embassy chose the Embassy Gardens development to move from their famous Mayfair site on Grosvenor Square and will be situated in the heart of the development. Embassy Gardens comprises approximately 15 acres and the architecture was strongly influenced by the style of New York and Chicago’s meat packing districts and London’s Victorian and Edwardian mansion blocks to create a signature style for this luxury development on the waterfront.
About Nine Elms Lane
The landmark riverside district in Central London; Nine Elms is undergoing a radical transformation and is now considered as a Prime London location. Set to become a hub of new homes; jobs; parks; schools; culture and the arts, the area’s regeneration is vital for the boroughs of Lambeth and Wandsworth. With world-class development Embassy Gardens situated right in the heart of this thriving part of town; Nine Elms is the perfect location to live and work in.
The Nine Elms project has also had enthusiastic support from the Mayor of London, Boris Johnson, who describes it as “a catalyst for economic growth and regeneration on that the South side of the River Thames“. It plays a vital part in the Mayor’s London plan with 16,000 new homes and employment capacity exceeding 25,000.
With a £1billion transport package set to make the area as well connected as the rest of Central London; there will soon be two new Northern line tube extensions at Battersea Power Station and Nine Elms that will create direct links to the West End, City and North London. It’s not just about the tube – there will also be new river bus piers, new bus services and more cycle lanes and footpaths. So make sure you…
…don’t miss out!
With prices predicted to rise generally by around 140 percent between 2011 and 2016 – the highest growth forecast in the UK – make sure you don’t miss out on the chance to purchase a property in this London hotspot and contact Garton Jones Real Estate for more information. The Garton Jones sales figures prove the predictions are working and as more and more buyers look to invest in the London property market, demand is rapidly increasing due to the fantastic international reputation and many opportunities that are on offer in this sought after London location.