Now we would all love to live at this exclusive address, however not many have a spare £140 million pounds. There are many other alternatives of flats for sale in Central London. Depending on budget and how central you want to be, prices in Central London start at around £1,000,000.00.
There are several benefits for owning a new flat in London. There are amazing tourist sights right on your doorstep. These make London a hub of vibrant history and culture. You will never be short of sights to see including the Tower of London, London eye, St Pauls Cathedral and Buckingham Palace to name a few. There are attractions for all tastes from art to sea life!
London offers some great activities to do. Some of our favourites are Phobophobia; a scare experience not for the faint hearted; as well as London Duck tours, an unforgettable experience for the family in which a land tour of London takes to the River Thames. The tour bus drives straight into the Thames midway and the bus becomes a boat.
Apart from the benefit that there will never be a dull moment living in Central London, owners will also have the benefit of knowing that according to research by Savills, house prices in London are set to increase 24.4% over the next 5 years. In monetary terms, those lucky enough to buy the worlds most expensive flat will see the value increase to £174,160,000.00, that's a massive £34,160,000.00 profit in just 5 years.
For the rest, that 24.4% increase will equate to a great 5 year profit to make on any investment. Central London offers many opportunities for those able to afford to buy in this area. We suggest using a reputable estate agent with history in the area and one who can demonstrate great local knowledge. You will want an agent who can tell you what your potential property was worth 5 years ago, along with a conservative estimate on what they believe it will be valued at over the next 3 years. Your agent should also be familiar with the achievable rental income for those who are strictly looking for an investment only and wish to rent.