THE LONDON CENTRAL RESIDENTIAL RECOVERY FUND – CLOSES THIS
CHRISTMAS
Invest now to catch the last of the credit crunch bargains
The London Central Residential Recovery Fund is ready now to take advantage of the slack in the
market and to capitalise on the traditional winter lull when
prices can fall a further 5%.
‘It is likely that the rash of other funds now being launched will miss this window of
opportunity. With low finance costs and a weak pound, UK investments look cheap for foreigners and it is
likely prices will climb again next spring. LCP would anticipate 2010 seeing values exceed pre credit
crunch levels’. Naomi Heaton, CEO, London Central Portfolio (LCP)
The Recovery Fund exclusively targets the prime London Central postcodes.
It will provide private investors with a hassle free opportunity to access a diversified range
of properties in all the best postcodes and benefit from a stable rental
stream. With a low ticket entry price, it can be vastly more attractive than settling a large sum of
hard-earned cash on a single asset.
‘There is, quite rightly, a lot of public interest in London
Central residential funds. The facts are that only LCP have 20 years’ expertise in this sector and they
have successfully brought to market the first ever closed ended fund in 2007. We have a proven
investment model.’ George Hankinson,
MD, LCP
The Recovery Fund will buy and renovate small flats, targeting the mainstream professional
rental sector.
‘This has been the most robust sector, providing excellent
capital appreciation and consistent rental yields. Our experience has shown that luxury
property suffers lower yields and costly voids. Funds targeting the ultra high net worth sector could come a
cropper and it will be interesting to see how the Candy brothers’ Fund will fare.’Hugh Best, Investment Manager, LCP
The Recovery Fund is a tax efficient capital growth Fund.
It aims to double an investor’s equity in just five years. UK investors can hold it through
their SIPPs and offshore investors can benefit from CGT and Inheritance Tax exemptions.
It is geared at a phenomenal borrowing rate of 1.5%, (1%
over UK Base Rate*), a rate that most private investors could not possibly
access.
‘We believe prices have bottomed out and are now
starting to surge upwards. Our Recovery Fund closes for investment at the end of the year and we will have
bought a prime portfolio before the spring market even picks up. On a seasonal note, coming into our Fund could be the best Christmas present you could
give yourself or your children.’ Naomi Heaton, CEO
Download the Fund Quick
Facts, contact fund@londoncentralportfolio.com
visit www.londoncentralportfolio.com
or telephone Naomi or Hugh on
0207 723 1733
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