Investment opportunities at Lumina in Chadwell Heath
For those looking to make an investment in property, the award winning Lumina development in Chadwell Heath, Essex, by Explore Living may just be the answer.
Rental yields at the development are available at a proven rate gross of 7 per cent, 2.2 per cent higher than the average rental yield in the South East, and with prices starting from just £149,995, the apartments offer an excellent return on investment. Explore Living have even removed all the stress of finding a tenant as the apartments are already occupied.
Lumina comprises of just 32 one and two bedroom apartments available for sale and is situated in an ideal location, served by Chadwell Heath Station, which provides frequent direct links to London Liverpool Street in approximately 20 minutes.
John Inglis, Sales and Marketing Director of Explore Living, commented: “The apartments at Lumina offer a fail safe investment opportunity. The development is located close to the city and central London yet at affordable prices making it very popular to professionals and couples and as a result demand has been high and the apartments let quickly.”
Lumina is known as a local landmark due to its striking Art Deco-inspired architecture and has acted as a catalyst for the regeneration of Chadwell Heath, becoming the first Brownfield site in recent years to be transformed into modern, innovative residential apartments.
The elegant residences are also above and beyond the standard in Chadwell Heath. Externally, the white rendered walls, glass balconies, curved building edges, wide windows and exceptionally high internal specifications buck the trend common in the surrounding area where most homes feature turn-of-the-century architecture.
The one and two bedroom apartments within Lumina are designed to offer spacious and flexible living accommodation with open plan living, dining and kitchen areas. An unusual feature on this development is the amount of space offered to residents with all apartments including balconies, private terraces or private garden areas. The development also incorporates solar panels which provide hot water, a lift providing access to all floors, plus private gated undercroft parking for all apartments.
The contemporary, white gloss kitchens in the apartments benefit from a range of high-performance integrated appliances, including a combination oven, grill and microwave, concealed extractor hood, ceramic hob, fridge/freezer, washer/dryer, dishwasher and a waste disposal unit.
Furthermore, the properties offer full provision for high definition TV and Sky+ in the living areas, together with pre-wiring for a Plasma or LCD flush mounted TV. All bedrooms fit double beds and enjoy fine oak finish doors with polished chrome fittings while bathrooms feature Twyford sanitaryware and high quality shower enclosures.
This development has been designed with ‘Secured by design’ in mind, which is the UK Police initiative supporting the principals of ‘designing out crime’ by use of effective crime prevention and security standards.
Positioned on the corner of Chadwell Heath’s High Street, residents can enjoy a variety of pubs, restaurants, eateries and retail outlets. Chadwell Heath is positioned 12 miles (19 km) north-east of Charing Cross, 12.3 miles (19.8 km) from London Liverpool Street and 9.4 miles (15 km) from the London City Airport, connecting residents to other regions in the UK and Europe. Lumina is also positioned in close proximity to the A12, which connects with the M25 and M11.
Residents will also benefit from direct rail links to Stratford in just 15 minutes. Stratford will be the location of Stratford International station on the Channel Tunnel rail link and in 2012 the location of the main Olympic Park, which will contain a significant number of venues to be used in the 2012 Summer Olympics, including the Olympic Stadium, Aquatics Centre, and London Velopark.
Prices at Lumina range from £149,995 to £224,995. For further information visit: exploreliving.co.uk
