Imperial Wharf | SW6
London investment purchase
Property Type: Apartment
Guide Price: £1.2m
The Brief: A client from the Middle East with an appetite for new construction and a limited budget asked us to find an investment property representing excellent value, with strong prospects for capital appreciation in an up and coming area somewhere along the river Thames which would be used as their London base.
The Solution: Imperial Wharf saw strong prices achieved during the off plan sales phase whilst under construction but experienced noticeable price depreciation fairly soon after all units were sold by the developer. We found a river facing 3 bedroom apartment with a terrace at a substantially discounted price per square foot rate from the original sales prices and had our offer accepted by a seller looking to exit the scheme. Prices have subsequently stabilised for the better units and we see good potential for further capital appreciation in this development.
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