Tuesday, September 29, 2009

Landlords looking for a bit of football heritage


Highbury Square, in north London, is one of a kind there is no doubt - a development of apartments and penthouses set behind the Grade II* listed art deco façade of Arsenal Stadium, home to Arsenal Football Club from 1913 to 2006.

With the historic football pitch transformed into a lush urban oasis covering more than two acres (8,000sq m), a health club with pool and 24 hour concierge, it is easy to see why this iconic development makes a potentially good investment buy.

With so many rabbit hutch apartments cluttering our urban landscape then these flats scream out authenticity!

Prices now average at £525/sq ft compared to prices achieved in 2007 in excess of £700/sq ft, so landlords may see them as an exciting investment prospect. One-bedroom apartments start from £275,000 and two-bedroom apartments start at £375,000, and the development is just 20 minutes from Knightsbridge or 15 minutes from Piccadilly Circus.'

The company that owns Arsenal Football Club has reported higher profits, with property sales proving as important as football. Arsenal said that it had now sold 445 of the 655 private apartments in its Highbury Square.

Looks like they are being more successful off the pitch than on it! Thats a bit cruel and I didn't mean it.

Come on ye GUNNERS!

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