Covent Garden, London
OVERVIEW
This is a unique opportunity to join a small group to co-own a luxury second home right in the heart of London's theatreland.
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Set in London’s West End, Covent Garden is a vibrant, must-see destination for anyone who enjoys shopping, theatre, restaurants, bars, history and culture. Things to see in and around Covent Garden include the London Transport Museum, the Royal Opera House, Somerset House and Covent Garden Market.
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Within walking distance of Elizabeth Line station giving quick access to Heathrow Airport (average journey time - 45 minutes)
TARGET BUY-IN PRICE 2 SHARES RESERVED
£135,000* - 1/8th ownership
Target completion - Q2 2024
TARGET PRICE CALCULATION*
Assumed whole property value : £1,200,000
1/8th share price
Purchase taxes
Property upgrades & furnishing
Aggregation & legal fees
Total 1/8th ownership
£150,000
£12,470
£7,530
£15,000
£185,000
KEY HOME ATTRIBUTES
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Estuary views
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3+ bedrooms
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Walking distance to town centre
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BUYING PROCESS
Due to the popularity of the South Hams, we are forming at least 2 Salcombe groups with different target buy-in prices. If we have sufficient interest, we will also look at the area to the west of Salcombe - Hope Cove, Thurlestone and Bigbury-on-Sea, and the villages to the east towards Torcross. . Once we have at least 5 like-minded buyers for a compatible group, we will present a shortlist of open market and off-market homes.
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USAGE
At least 42 days annual use for each owner and their friends and family. Our use programs strike a fair balance between certainty and flexibility for owners. During the aggregation process, we look for buyers who have different use preferences to maximise options for all the owners.
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Similar Groups in the UK
Cornwall - North Coast
ROCK - PADSTOW - POLZEATH
TARGET BUY-IN PRICE
up to £185,000 - 1/8th ownership
3/4 bedroom house or apartment
