new london
Transcription
new london
NEW LONDON Introducing our portfolio of new London developments Spring 2015 jll.co.uk/residential RESIDENTIAL THE LONDON PORTFOLIO The London Portfolio provides a complete and comprehensive selection of high quality new developments throughout London. These new properties are located in many of London’s most sought after postcodes and provide a range of accommodation from suites through to penthouses. CONTENTS 03 08 10 69 70 71 73 76 76 Introduction Location Map Properties Landlords Guide Buyers Guide to Tax Buyers Guide to the Legal Process Residential Research Residential Services Contacts & Locations Key: 20Four01 Aldgate Place02 Eight Artillery Row 03 Avant Garde04 Baltimore Tower 05 Battersea Power Station 06 Canaletto07 Canary Gateway 08 Chiswick Point09 City Island10 City North11 Dollar Bay12 Embassy Gardens 13 Fulham Reach14 Glasshouse Gardens 15 Goodman’s Fields 16 73 Great Peter Street 17 Greenland Place 18 375 Kensington High Street 19 Kensington Row 20 Kew Bridge21 Kew Bridge West 22 Kidbrooke Village 23 Lewisham Gateway 24 Lincoln Plaza25 Marine Wharf26 Marine Wharf East 27 3 Merchant Square 28 Mettle & Poise 29 New Capital Quay 30 One The Thames 31 Paynes & Borthwick 32 Principal Tower33 Providence Tower 34 Queens Wharf35 Rathbone Square 36 The River Gardens 37 Riverdale House 38 Riverlight39 Royal Gateway40 Smithfield Square 41 Sovereign Court 42 St Dunstan’s Court 43 St Mary at Hill 44 190 Strand45 Stratford Central 46 Stratosphere47 The Chilterns48 The Corniche49 The Lexington50 The Music Box 51 The Ram Quarter 52 The Saint Martins Lofts 53 Two Fifty One 54 Vista55 136-140 Wapping High Street 56 21 Wapping Lane 57 Westbourne House 58 Woodberry Down 59 This plan has been produced for general guidance only and should not be relied upon as a statement or representation of fact. All liabilities including negligence or otherwise for loss arising from the use of this plan and these particulars is excluded. THE LONDON DEVELOPMENT PORTFOLIO HOXTON, N1 20FOUR 20FOUR has everything and says everything about contemporary living, surrounded by the vibrant buzz of Hoxton, its quirky streets, squares and endless array of trend defying establishments - a mecca for nightlife. 10 A stroll down to Old Street and you’re amid the pinstripes and ties mingling with the extravagant fashions of the avantgarde, a little further into Shoreditch and you’re in the centre of London’s new technology hub -‘tech city’, Europe’s answer to Silicon Valley. Restaurants, eateries and gastro bars cram every corner that isn’t a club, gallery, market or fashion house. 20FOUR is in the heartland of London style. Residents will be little over 10 minutes’ walk from Old Street underground and 15 minutes from Hoxton overground. The development comprises 24 luxurious studio, one, two and three bedroom apartments, arranged from first to fourth floors, with two lifts serving each floor. Access is via a stylish entrance foyer on Parr Street, which also provides access to a residents’ private landscaped courtyard to the rear. • A collection of studios, 1, 2 and 3 bedroom apartments • Around 10 minutes’ walk from Old Street underground station • Private residents’ landscaped courtyard • Secure cycle storage • 999 year lease • Completion estimated end of 2015/early 2016 10/76 THE LONDON DEVELOPMENT PORTFOLIO ALDGATE EAST, E1 ALDGATE PLACE Comprising six buildings ranging from six to 25 storeys and including a four-star hotel, Aldgate Place is a towering example of the contemporary and urban quality that the East End of London is known for. Aldgate Place is the destination where you can experience both the life and the style of the City and East End. The generous apartments all benefit from an influx of natural light and views across the development landscaping or towards the City, while a host of amenities on site cater to the demands of the modern London lifestyle. A number of fantastic facilities, both on site and in the local area, contribute to an unrivalled sense of convenience at Aldgate Place, while a 24-hour concierge service is on hand to make every day more comfortable. Most of the apartments benefit from a winter garden, terrace or balcony perfect for enjoying the outdoors in the familiar surroundings of your home. Additionally, apartments are interspersed with large landscaped areas, including a public open space, two further relaxing green spaces and a roof terrace. Bordering the central communal spaces at ground level will be a diverse selection of shops, bars and cafés that reflect the independent and creative atmosphere that pervades this ancient quarter. A gymnasium is planned to open on site, allowing residents and their guests to unwind or work up a sweat just moments from the doorstep. 11 • 313 private units • Parking available by separate negotiation • 24 hour concierge • Mixed use development • Residents’ gardens and public open space • Completion estimated from June 2016 11/76 THE LONDON DEVELOPMENT PORTFOLIO WESTMINSTER, SW1P EIGHT ARTILLERY ROW Eight Artillery Row is a building of enormous prestige and distinguished elegance situated in the heart of Westminster. 12 From the iconic architectural design, to the intricate finishes in the apartments the effect is one of unparalleled quality in an enviable London location close to Buckingham Palace and Westminster, the home of British politics. A striking building, redefined for the 21st Century. Inspired by the rich heritage of the area found in the fine examples of historic buildings nearby, the architecture is modern, classic and timeless. From the detail of the windows, to the pattern of the brickwork, and the design of the bespoke bronze panels, every aspect has been carefully considered. The effect is stunning and seamless, reflecting its historical surroundings and the Westminster Cathedral Conservation area. Adorned with bronze and black granite, the effect is mesmerising. A bespoke steel staircase leading to the first floor features as a sculptural piece, whilst just beyond the reception desk, the lift lobby is finished in smoked oak panelling and custom timber flooring creating a different mood. • 22 private apartments • Parking available by separate negotiation for pre-selected apartments • Due for completion Autumn/Winter 2014 • 999 year lease 12/76 • Prices from £1.835 THE LONDON DEVELOPMENT PORTFOLIO SHOREDITCH, E1 AVANT GARDE Set at the pinnacle of Avant-Garde Tower in the heart of trendy urban hotspot Shoreditch, ‘Apartment 148’ will offer everything you could possibly need. 13 Avant-Garde is just a two minute walk from Shoreditch High Street station and ten minutes from the centre of The City of London and Liverpool Street. With work, trendy hotpots and restaurants just moments away, you really can have it all. The development itself features a Sainsbury’s Local, with Byron Burger, Pizza Luxe and the London Cocktail Club all due to open soon. Located on the 23rd & 24th floor of this unique development, this two bedroom apartment is over 1,900sq ft in size, with fantastic vistas of the Capital from all angles. The southerly aspect of the apartment offers uninterrupted views of The City of London and towards Canary Wharf. With large private terrace, there is ample outdoor space to compliment the high-end interior. Designed and specified by award-winning interior designers Honky, the apartment will feature a substantial living area with its own bar, an open-plan kitchen/diner with designer kitchen from London-based Urban Myth with Miele integrated appliances. Bedrooms are decorated in warm neutral tones and offer the perfect space to relax. On the top floor, the master suite provides an opulent and sophisticated space to unwind, with en-suite bathroom and substantial walk-in wardrobe by Poliform. • Large penthouse on 23rd and 24th floors • Bespoke audio-visual system controlling sound system, heating and cooling, blind and TV • Stunning views of the Capital • 999 year lease • Ready for occupation 13/76 THE LONDON DEVELOPMENT PORTFOLIO DOCKLANDS, E14 BALTIMORE TOWER The Tower has been designed by the world renowned architects Skidmore, Owings & Merrill, to provide a visually stunning 45 storey tower that has a changing array of perceptual effects as the sun moves around its curving form. 14 The tower will have two lower levels which integrate within the overall scheme providing valet parking and other planned facilities for residents. Each apartment style will exude a rich sense of prestige, quality and understated luxury further heightened by the cascades of natural light and space in each principal living area. Specifications and finishes have been meticulously selected to harmonise with each apartments’ subtly curved form. The sky level restaurant is planned to have a highly acclaimed and renowned brand operator to add the pinnacle of exclusivity to Baltimore Tower. Residents will have full access to this gastro experience whether for casual drinks with friends or formal dining overlooking Canary Wharf’s dramatic skyline. • Luxurious suites and 1, 2 & 3 bedroom apartments • Direct access to the exclusive ‘Club’ - the largest residential gym, pool & leisure facility in London • Residents’ private executive lounge & wide screen cinema • Adjacent to Crossharbour DLR - Canary Wharf 6 mins • 999 year lease • Estimated completion early 2017 14/85 • Prices from £630,000 THE LONDON DEVELOPMENT PORTFOLIO NINE ELMS, SW8 BATTERSEA POWER STATION One of the icons of London, Battersea Power Station occupies a 42 acre site (17 ha), with 400 metres of South Bank frontage and direct views over Chelsea. 15 The site has been master planned by the world renowned architect Rafael Viñoly to deliver a large scale mixed use development and received planning permission in August 2011 for over 3,900 residential units, 65,000 sq m of retail, food and beverage, 160,000 sq m of offices together with hotels, leisure and other ancillary uses. The site has extensive existing transport connections at Vauxhall, Battersea Park and Queenstown Road stations, which will be further strengthened upon development of the Northern Line Extension creating a new Zone 1 station (Battersea Power Station). Utilising the unique draw of the Power Station building which provides a canvas and backdrop to the scheme where the development will create a new and different tenant and occupier experience to become the new prime quarter for London. Phase 3 – Battersea Roof Gardens and Prospect Place • A range of studios, 1, 2, 3 and 4 bedroom apartments and penthouses designed by award winning architects Sir Norman Foster and Partners and Frank Gehry. Residents lounges, gym and roof gardens. General • A full 24 hour concierge and security service for each phase •Underground parking available to selected apartments • 999 year lease • Marketing suite available to view by appointment • Completion Q3 2018 15/76 THE LONDON DEVELOPMENT PORTFOLIO CITY ROAD, EC1V CANALETTO Situated by the water, Canaletto lies at the meeting place of four well-established and attractive neighbourhoods, each with its own distinctive character. 16 A location where you can enjoy the meandering water and walks of the Regent’s Canal, the cool sophistication of Islington and Shoreditch and the glamour and ceaseless energy of one of the world’s great financial centres.Designed by Ben Van Berkel of the internationally respected architecture practice UNStudios and interiors by the world renowned designers Johnson Naylor and Martin Goddard, Canaletto provides residents with truly exceptional levels of both service and amenities. A beautifully crafted residential tower of style and rare quality, with intelligently detailed interiors; an exquisite collection of studios, one, two, and three bedroom apartments all of which benefit from either balconies or terraces. The emphasis throughout is on taking care of every resident, with superb 24 hour concierge service, a stylish restaurant, the stunning private Club Canaletto with its terrace in the sky, 24 floors above London, a fabulous 15 metre swimming pool, spa and gymnasium amongst much more. It is luxurious 21st century living, Canaletto style. • A collection of exquisite studios, 1, 2 & 3 bed and penthouse apartments • 24 hour concierge service • Private Residents’ Club on 24th floor 16/76 • Gym, spa and 15 metre swimming pool • Underground car parking available • 996 year lease • Completion expected in late 2015 • Prices from £850,000 THE LONDON DEVELOPMENT PORTFOLIO LIMEHOUSE, E14 CANARY GATEWAY Canary Gateway comprises of two principal apartment blocks, Artisan Place and Bywater Square, which together offer 160 luxurious suites, apartments, duplexes and penthouses. 17 Both buildings front the Limehouse Canal - a quiet waterway built in 1770 as a ‘shortcut’ to the Limehouse Basin and River Thames. The development will feature a fully landscaped courtyard within Bywater Square - while both the courtyard gardens and public space between the buildings are planned to have contemporary art sculptures designed to create welcoming and social areas. The overall development masterplan includes the re-development and conversion of Sailmakers Listed Warehouses adjacent to Artisan Place, an exciting scheme to retain the warehouse’s original façade while creating fabulous characteristic voids of space to become an opportunity for hi-tech offices, media groups, galleries or bars and restaurants. • Concierge desk and CCTV security • Sought after canal side setting with fully lit canal path • Communal roof gardens feature on both apartment buildings • 999 year lease • Estimated completion Winter 2016 • Prices from £429,000 17/76 THE LONDON DEVELOPMENT PORTFOLIO CHISWICK, W4 CHISWICK POINT Chiswick Point by Bellway is far more than just superbly appointed apartments in a desirable west London suburb; it represents a unique residential opportunity. 18 This is your chance to live overlooking a tranquil nature reserve, adjacent to one of the country’s most dynamic business parks, and also benefit from great commuter links to the very heart of the capital. More than a new home; Chiswick Point represents a new concept in London living. Enjoy a more tranquil pace of life at Chiswick Point, an exclusive collection of one, two and three bedroom apartments and three bedroom penthouses in the leafy London suburb of Chiswick. Whether travelling for business or pleasure, exceptional road and rail links afford quick and easy access to Central London and Heathrow Airport, while these contemporary homes overlooking the Gunnersbury Triangle Nature Reserve offer a haven of calm to return to at the end of a hectic day. 18/76 • 2 minutes from Chiswick Park tube station • Residents concierge service • A choice of local restaurants, cafes, bars and shops • 999 year lease • Completion due Spring 2015 • Prices from £599,995 THE LONDON DEVELOPMENT PORTFOLIO LEAMOUTH PENINSULA, E14 CITY ISLAND City Island is a unique new riverside neighbourhood, a twelve acre micro-Manhattan by London’s most exciting creative and commercial districts. 19 Acting as a vital bridge between the business might of Canary Wharf and the creative dynamism of East London, it will have a unique identity that draws from the character of each. To live here will be to join an exclusive club, while at the same time, with its new public spaces, boutique shops and restaurants, City Island will also be a new magnetic destination for London. All of the Island’s residents are members of the exclusive City Island Social Club. With membership comes access to a range of elegantly designed private facilities. There’s a clubhouse, concierge, a grocer’s shop, gymnasium, spa and treatment rooms, a screening room, pools and gardens. Designed with a warehouse aesthetic, generous open plan living spaces and loft style features, City Island ’s apartments offer timeless quality with an urban edge. The apartments have been designed to offer a contemporary, spacious feel that maximises the expansive views and allows each resident to express their own vision for City Island life. • One bedroom suites through to expansive penthouses • City Island Social Club, concierge, grocer’s shop, gymnasium, spa and treatment rooms • Screening room, pools and gardens • 999 year lease • Completion anticipated in 2016 • Prices from £520,000 19/76 THE LONDON DEVELOPMENT PORTFOLIO FINSBURY PARK, N4 CITY NORTH From its position in the centre of vibrant North London to its location on the edge of beautiful, 110-acre Finsbury Park, this award-winning development offers the very latest in 360° living. 20 With incredible transport links – under 15 minutes by tube to The City or West End that can be accessed right in the heart of the development – this stylish residential and commercial space provides the ultimate in local, park and city life. Each building has been carefully designed to suit today’s lifestyle. From studio apartments to penthouse suites; a state-of-the-art fitness centre, multi-screen cinema, gourmet restaurants, a supermarket and office space, City North is on the cutting-edge of today’s developments. Each apartment is designed to meet the demands of modern-day living. From sun-drenched studios to panoramic penthouses; from stunning park and city views to high-end finishes and features throughout, City North defines 360º living at its very best. • Studios, 1, 2, 3 4 bedroom and penthouse apartments • 24-hour security and concierge providing services including restaurant reservations and taxi scheduling • Beautifully landscaped gardens and balconies and private terraces with stunning vistas • Residents’ only communal space – includes artist studios, crèche facilities and yoga centre • 999 year lease 20/76 • Estimated completions from Autumn 2016 • Prices from £385,000 THE LONDON DEVELOPMENT PORTFOLIO DOCKLANDS, E14 DOLLAR BAY Introducing a stunning new jewel in the Capital’s prestigious financial district – Dollar Bay, a glimpse into the bold and beautiful future of high-end residential tower living. 21 Offering the very best in elegant open-plan design, this sleek and stylish development provides uninterrupted views and effortless indoor to outdoor living in the financial heart of London. With the many attractions of Canary Wharf on its doorstep, Dollar Bay is truly remarkable. Designed by international award-winning Ian Simpson Architects, Dollar Bay rises like two perfectly balanced crystals from the water’s edge, the development’s stunning glass façade reflecting the ever-changing light. Informed by a strong, contemporary design concept, Dollar Bay is a striking, iconic addition to Canary Wharf’s impressive skyline. Each of the 111 apartments offers a magnificent water view, either of the South Dock or the River Thames. These uninterrupted vistas across London to east and west are maximised by the angle and shape of Dollar Bay’s distinctive ‘crystal’ structures. The result is simply breathtaking. • 111 private apartments overlooking Canary Wharf’s financial district • Every apartment benefits from a winter garden • Residents’ garden and café • Gym, residents’ lounge and bicycle storage • 24 hour concierge service • Completion anticipated Q2/3 2017 • Prices from £510,000 21/76 THE LONDON DEVELOPMENT PORTFOLIO NINE ELMS, SW8 EMBASSY GARDENS With the new US Embassy at its heart, Embassy Gardens comprises approximately 15 acres and is a key site within the Vauxhall, Nine Elms, Battersea Opportunity Area the transformation of almost 200 hectares of central London real estate. 22 Embassy Gardens will deliver up to 2,000 new homes plus office and flexible work space, new leisure facilities, a 100 bed hotel and 130,000 ft²of retail, bar and restaurant space including a new Waitrose supermarket. Phase two coming soon. • A selection of studios, 1, 2 & 3 beds as well as penthouse apartments • A full 24 hour concierge and security service • The Eg:le Private Residents Club – fully fitted gym, 18m indoor/outdoor swimming pool, steam & sauna, private cinema, business centre, lounge bar and games room • Valet parking service • 999 year lease • Completions from mid to late 2014 • Marketing suite and show apartment available to view 22/76 THE LONDON DEVELOPMENT PORTFOLIO HAMMERSMITH, W6 FULHAM REACH Located on one of the most dramatic stretches of the River Thames, this is London riverside living at its finest, just eight minutes by underground from South Kensington and 11 minutes from Knightsbridge. 23 In the heart of historic Fulham, with its varied sporting and social scene, the residences at Fulham Reach are set in beautifully landscaped gardens, next to a sweeping riverside promenade. Residents can also enjoy the benefits of an exclusive private members’ club, incorporating a health spa, and a range of sporting and entertainment facilities. London riverside living doesn’t get more sophisticated than this. • A selection of large 3 bedroom luxury apartments • Prestigious West London riverside location • Residents’ private health & fitness centre with swimming pool • Wine room, snooker room & virtual golf • 999 year lease • Ready for occupation • Prices from £2,099,950 23/76 THE LONDON DEVELOPMENT PORTFOLIO STRATFORD, E20 GLASSHOUSE GARDENS Glasshouse Gardens is part of The International Quarter, a joint venture between Lend Lease and London & Continental Railways, within Stratford, E20 – London’s newest address. 24 Stratford is London’s most exciting regeneration prospect, having benefitted from over £12.5 billion of investment to date. The site itself will offer a total of 4 million sq ft of flexible workspace, 313 new homes, 275,000 sq ft of hotel provision and 52,000 sq ft of retail, childcare and community facilities. Once complete it will form the gateway to the Queen Elizabeth Park with many of the apartments benefitting from stunning south westerly views over iconic Olympic legacy landmarks towards the City and Canary Wharf skylines. Westfield Shopping Centre, Europe’s largest urban shopping centre, is within a minute’s walk of Glasshouse Gardens and houses everything from designer shops to buzzy restaurants and cafés as well as the UK’s first super casino. And, with the opening of Crossrail services to Stratford in 2019 and excellent transport connections to Canary Wharf, central London and beyond, Stratford London has it all. • Selection of studio, 1, 2 and 3 bedroom apartments • Landscaped gardens • 24 hour concierge 24/76 • Residents gym & residents room • Underground car parking • 999 year lease • Prices from £590,000 THE LONDON DEVELOPMENT PORTFOLIO ALDGATE EAST, E1 GOODMAN’S FIELDS Goodman’s Fields is a truly unique mixed use 7 acre development in the heart of the City and ideally located for Canary Wharf, Docklands and the South Bank. 25 Award winning architects Lifschutz Davidson Sandilands, together with Townshend Landscape Architects have ensured the highest quality design, architecture and landscaping as well as maximising the green public space. The development will comprise a selection of high quality studios, 1, 2 & 3 bedroom apartments and penthouses as well as retail and commercial space, student accommodation and a hotel. Residents will benefit from a 24-hour concierge, health centre, pool, gym, cinema, business lounge and stunning landscaping including a new public park and plaza. Goodman’s Fields is located just north of Tower Bridge and east of Aldgate and is adjacent to City Quarter and Sugar House, previous Berkeley developments. There is an array of local amenities on the doorstep and easy access on foot, by taxi, tube or rail to local attractions such as London Bridge, the Gherkin, St Katharine Docks, Spitalfields and Barbican. Kingwood Gardens is the latest release of apartments to launch at the landmark Goodman’s Fields development, rising 22 floors into the London skyline offering breath-taking views of the surrounding area’s important landmarks. • A collection of luxury studio, 1, 2, 3 bed apartments and penthouses • 24 hour concierge • Secure underground parking • Residents’ cinema, gym and pool facilities as well as business lounge • 999 year lease • Completion from Spring 2015 • Prices from £735,000 25/76 THE LONDON DEVELOPMENT PORTFOLIO WESTMINSTER, SW1P 73 GREAT PETER STREET 73 Great Peter Street is an outstanding new development that effortlessly sits alongside the famous landmarks of Westminster, in the heart of London. 26 These new residences comprise a collection of luxury modern apartments and exclusive stylish penthouses in Central London’s most historic district, with a most enviable address, whether as a remarkable new home or a sound investment. As an ode to its surroundings, decorative brick panelling and bronze coloured styled windows frame the setting for the 22 luxurious apartments and 2 penthouses, within 73 Great Peter Street. Attention to detail abounds from the external finishes through to the interiors, in an awe-inspiring definition of luxury. Set over seven floors, this property development offers magnificent views, new and old, of the capital, taking in the likes of Big Ben, the London Eye, The Shard and Canary Wharf, to name but a few. • Stunning mix of studios, one, two and three bedroom apartments and 4 bedrooms penthouses • Concierge service, cycle store, storage facilities, a gym and off street parking • Minutes from Hyde Park, Green Park and Buckingham Palace Gardens and St James’ Park and Westminster underground stations • 999 year lease 26/76 • Completion due Spring 2015 THE LONDON DEVELOPMENT PORTFOLIO GREENLAND DOCKS, SE8 GREENLAND PLACE Greenland Place is a remarkable new development just minutes from the River Thames in Surrey Quays, South East London. Greenland Place positions you moments from the historic Greenland Dock and within easy reach of Canary Wharf, the City and the best of London. 27 Just a few minutes’ walk from Surrey Quays station, it is a collection of stylish, contemporary homes set within attractive landscaped surroundings. Located in Zone 2, this area is currently undergoing a major regeneration, bringing many new shops and facilities, and its excellent transport links and proximity to the City mean it’s the ideal location for commuters. From Surrey Quays station, Bank station is just 13 minutes away by rail and tube and London Bridge only six minutes away. At Greenland Place you have a great selection of 1 bedroom suites and 1, 2 and 3 bedroom apartments to choose from, many offering you fabulous views of the London skyline. Depending on which apartment you choose, you could enjoy views of The Shard, Tower Bridge and the City or the towers of Canary Wharf and the Thames from your own private balcony or terrace, the perfect area for entertaining friends or relaxing after a long day. • Suites, 1, 2 and 3 bedroom apartments coming soon • 24 hour concierge • Residents’ fitness suite • 155 year leases • Prices from £319,000 27/76 THE LONDON DEVELOPMENT PORTFOLIO KENSINGTON, W14 375 KENSINGTON HIGH STREET Located in the heart of the Royal Borough of Kensington and Chelsea, one of London’s most prestigious neighbourhoods, 375 Kensington High Street will offer a selection of luxurious 1, 2 & 3 bedroom apartments and penthouses. 28 Each home will combine the finest quality materials with the highest levels of design and the latest innovations in technology to create the very best in modern city living. Benefits for residents will include a beautifully landscaped courtyard inspired by London’s traditional garden squares, a private cinema, a luxurious leisure suite, which includes a swimming pool, fitness studio with facilities for personal training, sauna, spa, showers and changing rooms. A state-ofthe-art business suite, equipped with digital communications technology will enable residents to conduct business with global contacts at any time of day or night. • Luxury 1, 2 & 3 bed apartments and penthouses • 24 hour Harrods concierge and security service • Residents’ swimming pool, fitness studio & business suite • Underground car parking available • 999 year lease • First phases ready for occupation • Prices from £925,000 28/76 THE LONDON DEVELOPMENT PORTFOLIO KENSINGTON, W14 KENSINGTON ROW Located in the heart of the Royal Borough of Kensington and Chelsea, Kensington Row offers luxuriously appointed apartments and penthouses designed to furnish a truly aspirational lifestyle in the heart one of the most sought after areas of the Capital. 29 The combination of exclusive on site facilities, including 24 hour concierge service and leisure suite, and the proximity of some of the world’s most iconic landmarks makes Kensington Row a truly desirable London address. • Prime Kensington location • Prestigious new collection of 1, 2 and 3 bedroom apartments and penthouses all with balcony or terrace • 24 hour concierge • Access to residents’ leisure suite with swimming pool, spa and fitness studio • Underground car parking (via separate negotiation) • Zone 1 connections from High Street Kensington Underground station • Landscaped gardens • 999 year lease 29/76 THE LONDON DEVELOPMENT PORTFOLIO KEW, TW4 KEW BRIDGE A prime riverside West London location, adjacent to the fashionable village location of Strand on the Green and the picturesque Kew Bridge by London’s leading developer St George, is positioned on the north bank of the River Thames. 30 Kew Bridge boasts convenient public transport with easy access to London overground from Kew Bridge and one stop to the underground at Richmond from Kew Gardens (1/3 mile walking distance). Kew Bridge is the epitome of sophisticated riverside living in the 21st century. Set in a vibrant, public realm with a European-style piazza, the mix of one, two and three bedroom apartments and penthouses, make the most of their distinctive locations on the banks of the River Thames. • Selection of 2 & 3 bedroom apartments, duplexes and penthouse apartments • 24 hour concierge and residents’ gym • Riverside bar • Underground parking available • Boutique retail shops/cafés • Excellent transport links • 999 year lease • Prices from £704,950 30/76 THE LONDON DEVELOPMENT PORTFOLIO KEW, TW4 KEW BRIDGE WEST Kew Bridge West is surrounded by a natural green environment with two of London’s greatest parkland settings, Syon Park and Richmond Park, within close proximity. Kew Village, which is less than a five minute walk from the development, is an area that retains a distinctive ‘London Village’ atmosphere, rich in history and tradition. 31 In Kew Village you will find attractive boutiques, shops, restaurants, and bistros along with beautiful riverside walks along the north bank of the River Thames. The tranquil setting of the surrounding area carries through into the development, providing a traffic-free environment in which residents can relax and enjoy. Designed with perfect symmetry, seven apartment buildings radiate in a crescent from this private, tranquil, enclosed space - the focal point being the dynamic 15-storey tower. Communal spaces within the development take their inventive design cues from Kew Gardens while a tree-lined boulevard and linear park running in parallel to Kew Bridge Road allow pedestrian access towards nearby Kew Bridge and Kew Bridge Station. A Concierge, estate manager, residents’ private gym and underground car parking complete the picture, creating the perfect place to live; the best in contemporary London style in a unique natural environment. • A prestigious collection of luxury 1, 2 & 3 bedroom apartments and penthouses • Within a short walk of Kew Bridge station • All apartments benefit from private balcony or terrace • Gated parking available • 999 year lease • Prices from £595,000 31/76 THE LONDON DEVELOPMENT PORTFOLIO KIDBROOKE, SE3 KIDBROOKE VILLAGE Kidbrooke Village is a completely new and vibrant London community, offering an outstanding choice of quality, sustainable new homes and apartments by Berkeley. 32 It is an exciting and challenging, £1 billion regeneration project, one of the largest in Europe, and will transform the lives of all who are connected with it. As well as new homes, it offers parks, sports facilities, shops, bars, restaurants, schools, healthcare and community facilities, a hotel and a new transport interchange offering rail connections to the City and West End, including London Bridge in as little as fifteen minutes. The many features of this phase include residents’ gym, concierge service, underground parking, a supermarket, doctors and dental surgery. It is also within easy walking distance of Capital Plaza, where amongst other facilities, the transport interchange is located. • A selection of studios, 1, 2 & 3 bedroom apartments and houses • City Point overlooks Sutcliffe Park, with its 35 acres of existing parkland and lake • Security and concierge service • Residents’ private gymnasium • Underground car parking available 32/76 • 999 year lease • First phase now complete • Marketing suite with show apartment open daily • Prices from £360,000 THE LONDON DEVELOPMENT PORTFOLIO LEWISHAM, SE13 LEWISHAM GATEWAY This striking 24-storey tower brings the best of contemporary living to South-East London. 33 Portrait is the centrepiece of one of London’s most vibrant regeneration projects, with exceptional transport links to Canary Wharf, O2 Arena and London’s prestigious universities. Comprising of studio, one, two and three bedroom apartments, the development offers panoramic views of the London skyline, the open spaces of Blackheath and Greenwich and is situated next to one of London’s most interconnecting transport hubs. An exceptional riverside park open to residents and visitors to Lewisham will provide green spaces and an area of tranquility within the heart of the borough. Confluence Place will open up the rivers Quaggy and Ravensbourne, providing an attractive entrance to Lewisham. Confluence Place will reduce road traffic in the centre of Lewisham providing a safe, pedestrian friendly haven, whilst also creating a cleaner environment for the residents of today, and members of tomorrow’s community. • Just 10 minutes travel time to London Bridge and 18 minutes to Canary Wharf • Close to parks of Blackheath, Dulwich and Royal Borough of Greenwich • Excellent transport links - Zone 2 travel • Located in a thriving established shopping region • Within a few hundred metres of Land Security’s Lewisham Shopping Centre • Panoramic views from the higher units • Prices from £323,000 33/76 THE LONDON DEVELOPMENT PORTFOLIO DOCKLANDS, E14 LINCOLN PLAZA Lincoln Plaza will become a striking new landmark on Canary Wharf’s iconic skyline. Soaring elevations with spectacular views combine to create a development that will be rightfully acclaimed as one of true architectural brilliance. 34 The development has been designed to offer so much more than just fabulous living space amid an array of exclusive lifestyle facilities. Its very location will command the ultimate attraction and status for Canary Wharf’s ever expanding ‘high net worth’ corporate rental sector. Lincoln Plaza is situated on Millharbour - a stone’s throw from SouthQuay DLR, and little over 5 minutes’ walk into the heart of CanaryWharf. Residents will be brilliantly placed for the Capital’s most advanced transport infrastructure - fully automated DLR, the Jubilee Line, Thames Clippers, City Airport and the forthcoming Crossrail service. • A selection of studio, 1, 2 & 3 bedroom apartments • Excellent transportation links • Luxury specification • Exclusive facilities of a world class hotel • 24 hour concierge •22nd level roof garden terrace • 999 year lease 34/76 • Estimated completion early 2015 • Prices from £698,250 THE LONDON DEVELOPMENT PORTFOLIO SURREY QUAYS, SE16 MARINE WHARF At Surrey Quays, and only a short distance to Canary Wharf, Marine Wharf is taking life in London’s Docklands to a new level. 35 Thanks to the winding course of the River Thames, Marine Wharf enjoys a privileged location near the water’s edge. With a wealth of transport options including the nearby Jubilee Line at Canada Water, Thames Clippers riverboats and a forthcoming Crossrail station at Canary Wharf, the City, West End and Central London are only minutes away. Residents will benefit from landscaped courtyards, a new linear park on Grand Canal Avenue, a 24 hour concierge service, a fitness studio with facilities for personal training, a forthcoming convenience store and leisure facilities. • Selection of luxury 1, 2, 3 & 4 bedroom apartments • Landscaped courtyards • 24 hour concierge • Fitness studio • 999 year lease • Estimated completion from mid 2015 • Future phases launching in 2015 35/76 THE LONDON DEVELOPMENT PORTFOLIO SURREY QUAYS, SE16 MARINE WHARF EAST Exclusive new 1, 2 & 3 bed apartments located minutes from London’s dynamic centres of global commerce and finance, The City and Canary Wharf. Marine Wharf East is strategically located to maximise on a corporate catchment that must surely be recognised as exceptional. 36 The development comprises two principal apartment buildings - Canary Point, the larger, offering 97 luxurious 1, 2 & 3 bedroom apartments, and Harbourside, with 66 similar style apartments. The development will have a central communal Home Zone, providing access from Plough Way linking through to Carteret Way with both blocks designed around landscaped courtyards. The apartments are arranged from lower ground to seventh floor in Canary Point and ground to fourth level in Harbourside. The development will also provide secure lower ground car parking within each block. Each apartment is finished and equipped to Galliard Homes’ premier specifications, including rustic oak engineered timber flooring and Smeg kitchen appliances. Large format ceramic wall and floor tiling, oak lined mirrored alcoves and feature downlighting complete each luxurious bathroom at Marine Wharf East and many apartments with panoramic views towards Canary Wharf, the River Thames and South Dock Marina. • Choice of exclusive 1, 2 & 3 bedroom apartment styles • Two communal landscaped courtyard gardens • All apartments with private terrace, balcony or roof terrace 36/76 • Green roof ecological sustainability to both apartment blocks • Soft and hard landscaped Home Zone division integrating apartment blocks and communal access • Prices from £416,500 THE LONDON DEVELOPMENT PORTFOLIO PADDINGTON, W2 3 MERCHANT SQUARE 3 Merchant Square is the next exciting residential phase within the newly regenerated Paddington Basin. 37 With its stunning waterside position and landscaped garden square at its heart, Merchant Square is a vibrant mix of shops, restaurants, business space and apartments located a short walk away from the bustle of the West End. Paddington Station, Oxford Street, Marble Arch and Hyde Park are all within easy walking distance offering access to Central London and numerous transport connections. 3 Merchant Square is an inspiring collection of 159 one, two and three bedroom apartments and penthouses, many with canal-side balconies and waterside views. Luxury architect designed interiors offer carefully considered and flexible living spaces to enrich the way you want to live. The specification has been well thought through, with decadent touches such as large dressing areas, bespoke breakfast bars and cabinets. The development also offers a 24 hour concierge service, private garden terrace, residents’ lounge and business room. • Stylish 2, 3 & 4 bedroom and penthouse/duplex apartments • 24 hour security and concierge service • Most apartments with balcony or terrace • Residents’ garden terrace • 999 year lease from March 1995 • Ready for occupation • Prices from £2,250,000 37/76 THE LONDON DEVELOPMENT PORTFOLIO HACKNEY, E2 METTLE & POISE Possessing a strikingly ornate frontage and rich legacy dating back to the 1800s, Mettle & Poise is a collection of suites, one, two and three bedroom apartments and penthouses woven into the fabric of Hackney Road. 38 The striking façade of Mettle & Poise will remain relatively unchanged from its previous life, in order to retain the charm and character so many have fallen in love with. Beyond the walls sit sympathetic buildings with living spaces designed to reflect the aesthetics of the grand façade, while also providing the comforts and convenience you would expect from a modern London apartment. To the south and west of the site are the fashionable areas of Hoxton and Shoreditch, which offer a wide variety of specialist, independent stores and boutiques, alongside a wide range of bars, restaurants, pubs and night clubs. Haggerston Park, which the majority of apartments will enjoy westerly views over, includes such facilities as all-weather football pitches, tennis courts, athletics track, BMX track and changing facilities, alongside formal an informal gardens and open space. • A collection of suites, 1, 2 and 3 bedroom apartments and penthouses • Located between Cambridge Heath station and Hoxton Overground (10 minutes) • Completions from Winter 2016 • Car parking available to selected apartments only 38/76 • Prices from £565,000 THE LONDON DEVELOPMENT PORTFOLIO GREENWICH, SE10 NEW CAPITAL QUAY New Capital Quay commands one of the most dramatic riverside locations in London. 39 The development will be a striking new landmark in the overall regeneration of historical Greenwich – already a highly desirable residential borough, and one of only four world heritage sites in the Capital. With river frontage to three sides, New Capital Quay is widely anticipated to gain the status of ‘the most exclusive new waterside village’ anywhere along the Thames. New Capital Quay will be a spectacular combination of brilliant architecture, breathtaking views and sophisticated living spaces. • A choice of duplex townhouses and 1, 2 & 3 bedroom apartments • Majority with balcony or terrace • All with use of central concierge, and benefiting from CCTV monitoring • Secure underground parking available • 999 year lease • First phases ready for occupation • Prices from £850,000 39/76 THE LONDON DEVELOPMENT PORTFOLIO HOLBORN, WC2 ONE THE THAMES An exceptional collection of apartments and penthouses situated at the epicentre of London’s cultural and creative heart. 40 Where the River Thames meets Covent Garden and The Strand — a historic thoroughfare and Royal processional route, once lined with the palaces of Dukes, Bishops and Royalty. One The Thames is a rare prime central London riverfront development on the north bank of the River Thames, offering a unique range of lifestyle options and unrivalled views recognisable across the world. One The Thames is literally at the centre of everything London has to offer. From the theatre district to cultural highlights like Somerset House and the National Gallery; historic landmarks such as St Paul’s Cathedral and Buckingham Palace; entertainment and retail, from Covent Garden to Bond Street; the centre of the legal establishment and internationally acclaimed centres of education; the gardens and river walks along the embankment, to the Royal Parks of St James’s and Green Park. This is one of the finest riverside locations in the heart of London. • An exceptional collection of apartments and penthouses • 24 hour concierge services • Swimming pool and fitness suite • Gallery/events room 40/76 • Underground parking • 999 year leases • 10 year build guarantee • Price on application THE LONDON DEVELOPMENT PORTFOLIO GREENWICH, SE8 PAYNES & BORTHWICK Paynes & Borthwick is a riverside development providing 257 highly specified one, two and three bedroom apartments in a comprehensively landscaped setting. 41 The development includes sensitively restored listed buildings, a landmark residential tower, art galleries, private gardens, underground car parking, restaurant and 38,000 sq ft of commercial and retail space. An elegant simplicity of design in the development takes its cue from the classic lines of the retail buildings, the importance of the riverside location, and the need for beauty, efficiency and environmental sustainability. The riverside around Deptford and the Greenwich Peninsula has come into its own as a prime residential destination and also a location with immediate access to London’s wider transport infrastructure. • 1, 2 & 3 bedroom apartments, duplexes and penthouses • Concierge with 24 hour security • Secure underground parking • 125 year lease • Ready for occupation • Prices from £535,000 41/76 THE LONDON DEVELOPMENT PORTFOLIO BISHOPSGATE, EC2 PRINCIPAL TOWER London’s skyline welcomes its most desirable arrival – Principal Tower. Joining the Gherkin, Tower 42, the Cheesegrater and the Walkie-Talkie, Principal Tower is poised to become a global icon in its own right. 42 Designed outside and in by Foster + Partners, this exquisite new residence combines innovative design and creative flair, reflecting the unique character of this Shoreditch/City location. With breathtaking views over London and unbeatable amenities, Principal Tower brings depth and meaning to luxury living. The development sits comprehensively planned mixed-use scheme, including a 600,000 sq. ft. 16-storey commercial building; 20,000 sq. ft. of retail facilities including refined boutiques, smart cafés, lively bars and gourmet eateries. All interiors are designed by Foster + Partners’ own in-house interiors practice in collaboration with LIV Interiors to seamlessly blend with the architecture. A cool palette, carefully considered detailing and the very best materials combine to create serenely elegant spaces. The spectacular views are an integral part of the apartments – epic vistas of an epic skyline. • A half-acre public piazza beautifully landscaped by Townsend • Residents’ gym, swimming pool, sauna, jacuzzi and steam room • Residents’ lounge/bar and screening room • 24 hour concierge service 42/76 • Right to park available to selected apartments • 981 year leases • Completions from 3 years from the building start date, which is estimated to begin in Q1 2015 • Prices from £778,000 THE LONDON DEVELOPMENT PORTFOLIO DOCKLANDS, E14 PROVIDENCE TOWER Designed by international architects Skidmore, Owings and Merrill, Providence Tower is the final building on the successful New Providence Wharf estate, a high-end residential community conveniently located to neighbouring Canary Wharf, which along with the City of London, forms the world’s top financial centre. 43 Standing at 43 storeys tall, Providence Tower’s meticulously designed apartments will have panoramic views across London, as well as outstanding interior finishes. Residents will also enjoy the use of the Skylounge and Skyterrace located at the highest point of the tower, which will serve as a place for quiet relaxation as well as a hospitality suite for private events. • Luxury premier riverview apartments now launched • 24 hour concierge • Valet parking • New Providence Wharf athletics club - boxing ring, 25m swimming pool with steam, sauna and hydro areas • Business centre with office and meeting facilities • 999 year lease 43/76 THE LONDON DEVELOPMENT PORTFOLIO HAMMERSMITH, W6 QUEENS WHARF Queen’s Wharf offers the rare opportunity to live on one of these stretches of the river, outstanding apartments in an extraordinary location. 44 Queen’s Wharf, a stunning new development, is located on the ‘Surrey Bend’ of the River Thames where it flows under Grade II listed Hammersmith Bridge – a place made famous by the defining role it has played in the world renowned Oxford vs Cambridge Boat Race since 1836. The 165 individual residences at Queen’s Wharf, ranging in size from studio to three bedrooms, have been carefully designed to maximize the panoramas of the river bend and to embody the best of British design. The Queen’s Wharf development will also house the worldfamous Riverside Studios and its proximity to the hearts of Fulham and Chelsea will give it an undertone of sophisticated creativity. Every panel of glass and layer of brickwork elegantly follows the gentle curve of the building, creating a central landscaped podium garden for residents to enjoy in private. The amenities are rich and diverse, including a 24hour dedicated concierge, a rooftop terrace with sweeping views for residents use only, a restaurant, café, bar and an independent theatre and cinema managed by world-famous Riverside Studios at lower ground floor level. • Dedicated 24-hour concierge • Rooftop terrace 44/76 • Landscaped podium gardens over three levels • Car parking spaces available for purchase • Theatre, cinema and performance arts at Riverside Studios • Cafe, restaurant and bar at ground level • Prices from £580,000 THE LONDON DEVELOPMENT PORTFOLIO FITZROVIA, W1T RATHBONE SQUARE Rathbone Square offers something unique: the prestige of a public square by day which turns into a private garden in the evening, offering spacious green living right in the heart of the Capital. 45 Rathbone Square is a development with a distinct sense of integrity and place, sympathetically stitched into the fabric of Fitzrovia. With its unrivalled location, it offers residents the rare opportunity not just to live in London’s West End, but to feel connected to its very heart – the vibrant world of Innermost London. A three minute walk to Tottenham Court Road station which will offer Crossrail services from 2018 and six minutes from Oxford Circus tube station the development couldn’t be more centrally located. Rathbone Square offers a collection of studios, one, two, three and four bedroom apartments, penthouses and the stunning Rathbone Collection of apartments. Each one is meticulously designed to be beautiful to look at and a joy to live in. • 142 private apartments • Penthouse collection offering enhanced specification and expansive terraces • Residents’ lounge, screening room, residents’ gym, private swimming pool and secluded garden • Wine storage room • Parking available by separate negotiation • 999 year leases • Estimated completion Q1 2017 • Prices from £2,975,000 45/76 THE LONDON DEVELOPMENT PORTFOLIO GREENWICH, SE10 THE RIVER GARDENS The River Gardens at Royal Greenwich is a vibrant new quarter stretching 300metres along the banks of the Thames. 46 It is ideally positioned, adjacent to historic Greenwich Village and close to the world renowned O2 Arena, with panoramic views across the river to Canary Wharf, and the City of London. It is designed around four beautifully landscaped garden squares within a 12 acre site, the contemporary architecture features apartments of exceptional scale and interiors of high specification. All this, combined with excellent leisure facilities and transport and communication links, makes The River Gardens a very special place to live and a prime investment opportunity. The River Gardens by award winning architects Squire & Partners is a collection of contemporary buildings featuring cutting-edge design, positioned to maximise the views and natural light. ‘Granite Apartments’ is the latest building available, comprising 131 1, 2, and 3 bedroom luxury apartments all with exceptional space. At Granite Apartments, every interior is sensitively considered and designed to create sophisticated, contemporary living. Quality of materials and light, create an impressive sense of arrival. Beautifully proportioned lobbies and corridors continue the theme of meticulous detailing and rich finishes. • Car parking available on specific units only 46/76 • Concierge, residents’ amenities to include spa, gym and 15m pool • 6 acre landscaped setting with 305m of river frontage and 4 waterside garden squares • A selection of 1, 2, 3 bedroom apartments and penthouses • Ready for occupation • Prices from £495,000 THE LONDON DEVELOPMENT PORTFOLIO LEWISHAM, SE13 RIVERDALE HOUSE Exclusive new apartments within a major regeneration zone 8 minutes from London Bridge and 18 minutes from the heart of Canary Wharf Riverdale House occupies a strategic location in the heart of the town centre, opposite Lewisham’s showcase Shopping Mall and Boutique Hall. 47 Residents will be approximately 5 minutes’ walk from the town’s major transport interchange, served by South Eastern rail services, the DLR, London buses and National Express Coaches. Not only does Lewisham connect direct to London Bridge Quarter, but inter-connects to all of the Capital’s principal transport hubs, including Crossrail services from Canary Wharf scheduled for 2018. With West End shopping less than 25 minutes from Lewisham, residents at Riverdale House will enjoy excellent accessibility to central London and its endless array of exhilarating experiences, entertainment and culture. For travelling further afield, London City Airport will be around 35 minutes on the DLR. Riverdale House comprises of 137 apartments with the majority being stylish studios. Many apartments will enjoy pleasant views across the surrounding green parkland and development frontage, while all are finished and fitted to Galliard Homes exacting specifications. • Luxury studios, 1 and 2 bedroom style apartments • Limited parking subject to availability • Within 5 minutes’ walk of Lewisham Gateway redevelopment and regeneration zone • Landscaped communal roof gardens • Daytime concierge and porterage • 999 year leases • Completion from Autumn 2015 • Prices from £242,500 47/76 THE LONDON DEVELOPMENT PORTFOLIO NINE ELMS, SW8 RIVERLIGHT On the riverfront, in the first phase of one of the UK’s largest and most exciting regeneration areas, in the heart of Central London, Riverlight offers an exclusive opportunity to acquire a residential property in this extraordinary new district, Nine Elms. 48 An architectural classic of the future, created by worldrenowned architects Rogers Stirk Harbour + Partners. Six modern and elegant pavilions specifically designed to maximise the sunlight within and optimise the views out. All apartments have private terraces or balconies, creating a genuinely integrated inside and outside living space. Landscaped gardens offer riverfront walks, bars and restaurants - al fresco spaces to relax in and enjoy. A range of shops, a crèche and a hotel add even more choice. An exclusive residents’ clubhouse offers a unique ‘third space’ between home and work in which to socialise, exercise, and be entertained - from a private screening room to virtual golf club lounge to pool, gym and spa. 48/76 • A selection of 1, 2 & 3 bedroom apartments • Exclusive residents’ clubhouse with pool and gym • All apartments have balcony or terrace • Landscaped gardens • 999 year lease • Phase 1 & 2 ready for occupation • Prices from £800,000 THE LONDON DEVELOPMENT PORTFOLIO ROYAL DOCKS, E16 ROYAL GATEWAY A brand new all private development of exclusive apartments and penthouses central to London’s most prolific regeneration masterplan. 49 Residents at Royal Gateway will be within 5 minutes’ walk of Canning Town transport hub and 3 minutes on the DLR from Crossrail services at Custom House. Central to the development will be a thriving market style pedestrianised walkway, creating a vibrant new atmosphere for the community. Exceptional architecture designed to create a striking new landmark for luxury living - forming a new gateway to the Royal Docks. Five stunning apartment blocks offering a choice of studio, one, two and three bedroom apartments and two and three bedroom duplex penthouses, all with Galliard Homes’ premier specifications and latest highly specified finishes. Complete with concierge, podium landscaped courtyards, communal roof gardens, availability for parking and fabulous panoramic views, Royal Gateway will provide an exceptional and truly exclusive lifestyle. • All private apartment blocks with a choice of studios, 1, 2 and 3 bedroom apartments and 2 and 3 bedroom duplex penthouses • Secure parking available by separate negotiation • Communal roof gardens and panoramic views from upper levels • Central market style pedestrianised walkway • Completion anticipated Autumn 2016 • Prices from £435,000 49/76 THE LONDON DEVELOPMENT PORTFOLIO HORNSEY, N8 SMITHFIELD SQUARE A unique collection of luxury suites, 1 and 2 bedroom apartments by award-winning developer St James. 50 Welcome to Smithfield Square: a unique collection of luxury suites, 1 and 2 bedroom apartments in Hornsey, London N8 by award-winning developer St James. Nestled between the charming London villages of Crouch End, Highgate and Muswell Hill with views of Alexandra Palace, the development offers excellent transport links taking you to Central London in just 14 minutes. Smithfield Square offers the perfect blend of London living. Smithfield Square is set to become a new hub for the neighbourhood with its extensive public open spaces, contemporary buildings and new Sainsbury’s store. Residents will benefit from a concierge service, fully equipped gym, private landscaped courtyard garden, communal roof terrace and the option to purchase gated underground parking. Smithfield Square benefits from multiple public transport links as well as an extensive road network. After only a short journey you can indulge in all that the heart of London has to offer or choose to enjoy the more relaxed surroundings of Hampstead Heath and Primrose Hill. • Luxury suite, 1 and 2 bedroom apartments • Excellent transport links to Central London 50/76 • Concierge, gym, landscaped gardens and communal roof terrace • Parking available by separate negotiation • Completions from Q4 2017 • Launching January 2015 THE LONDON DEVELOPMENT PORTFOLIO HAMMERSMITH, W6 SOVEREIGN COURT Sovereign Court lies in the Borough of Hammersmith & Fulham, to the west of Central London. 51 One of the smaller London boroughs, Hammersmith is a dynamic and rapidly-developing area, with a thriving business community and a rich cultural life. Sitting on the north banks of the Thames, Hammersmith is an established West London entertainment hub. The Hammersmith Apollo and Lyric Hammersmith attract acts and visitors from around the world, whilst the myriad restaurants showcase cuisine on a global scale. Sovereign Court has been designed to complement its surroundings, using materials and detailing cues to create an exterior that’s sympathetic yet distinctive, contemporary yet respectful of the area’s heritage. The result is a building that’s immediately an integral part of the W6 landscape, with an authentic sense of place and belonging. The interiors at Sovereign Court have been created by award-winning designers with a focus on natural materials whose tones and textures create an enduring beauty. In the kitchens a range of different finishes are available, featuring oak units and polished marble worktops. They are also fitted out to a high specification, with Siemens appliances, whilst Penthouses feature Miele appliances. • Private residents’ gym and concierge • Three bedroom apartments and penthouses remain • Right to park available to purchase for units over £1m • 999 year lease • Estimated completion for the whole development Winter 2018 • Prices from £2,199,950 51/76 THE LONDON DEVELOPMENT PORTFOLIO HOLBORN, EC4A ST DUNSTAN’S COURT St Dunstan’s Court is a prestigious and exclusive development ideally situated between Covent Garden and The City of London. 52 The development offers residents the unrivalled serenity of the private landscaped gardens and stunning views of the famous Grade II listed Maughan Library, which was designed by Sir James Pennethorne and constructed in 1851. Located at the start of the Strand on Fetter Lane, St Dunstan’s is ideally situated for anybody working in the City or central London as well as students attending the adjacent universities or just those seeking a tranquil and stunning living environment close to the hustle and bustle of the West End. St Dunstan’s Court is an exclusive single phase development which comprises one and two bedroom apartments and penthouses. The building will offer 24 hour concierge, residents’ lounge and library, business meeting rooms and access to the private residents ‘gardens. • Selection of luxury 1 & 2 bedroom apartments and penthouses • Stunning landscaped gardens • Views of the Grade II listed Maughan library • 24 hour concierge • Private residents’ lounge and library 52/76 • Prices from £980,000 THE LONDON DEVELOPMENT PORTFOLIO THE CITY OF LONDON, EC3 ST MARY AT HILL A select and prestigious development comprising of 10 interior designed one and two bedroom apartments, finished to bespoke, highly refined specifications, located in the heart of the City of London. 53 St Mary at Hill lies within Eastcheap Conservation Area, nestled amid outstanding listed architecture, moments from The Capital’s financial powerhouses and 10 minutes walk from the Bank of England and Royal Exchange. Five minutes walk from Zone 1 tube connections at Monument, interlinking directly to Bank and the DLR. Highly refined specifications throughout including comfort cooling specified to each apartment, retained architectural detailing and historic features, opulent interior designed entrance foyer, lifts to each apartment level and extra ceiling heights to selected apartments. Arranged from lower ground to fourth floor, each individual apartment style has been meticulously designed and specified by one of London’s leading interior design specialists, LKS Design & Development. Taken from initial concept to completion, each apartment will provide bespoke and highly contemporary living space within a sensitively retained classical façade. • Minutes from Monument tube station and 10 minutes walk from the Bank of England • Boutique development of only ten 1 and 2 bedroom apartments • 999 year lease • Completion due Spring 2015 • Prices from £820,000 53/76 THE LONDON DEVELOPMENT PORTFOLIO HOLBORN, WC2 190 STRAND 190 Strand is a luxurious new development of suites, apartments and penthouses in an area of central London internationally acknowledged as the Capital’s theatre, nightlife, shopping and cultural heartland, with international embassies, law courts and the River Thames close by. 54 The stone, glass and laser-cut metal filigree façade of 190 Strand marks out a distinctive new presence in this historic location, overlooking Sir Christopher Wren’s Grade 1-listed St Clement Danes church, and flanked by the Courtauld Gallery, Somerset House and two of the world’s finest universities - King’s College and the London School of Economics and Political Science. This is a world-class address, closely linked to the richest aspects of London’s long heritage, from the aristocratic palaces and mansions that for centuries lined Strand, to the grand hotels and restaurants that continue to make London an international destination. • A selection of 2 & 3 bedroom apartments • A full 24 hour concierge and security service • Fully fitted spa, gym and swimming pool, private cinema • and business suite • Secure underground parking service • 999 year lease • Completions from mid 2016 • Prices from £1,225,000 54/76 THE LONDON DEVELOPMENT PORTFOLIO STRATFORD, E15 STRATFORD CENTRAL Set in the heart of this vibrant and emerging London destination, Stratford Central will offer luxurious living across a range of suites, one, two and three bedroom apartments and penthouses. 55 A stylish reception area plays host to your 24 hour concierge, available to serve your every need, and a state of the art residents’ gymnasium. Interiors will be highly specified and include stylish kitchens with fully integrated appliances as standard, contemporary bathrooms with bespoke cabinetry and all apartments feature underfloor heating throughout. All apartments will feature a view of the Capital, be it of Stratford, The City or Canary Wharf, highlighting the fantastic central location of the development. • 2 minute walk to Westfield Shopping Centre, casino and Queen Elizabeth Olympic Park • 1 minute walk to Stratford Station (from January 2016 will become part of Zone 2) with direct connections to The City (8 minutes), Canary Wharf (9 minutes) & the West End (17 minutes) • Stratford will be served by the new Crossrail line from 2018 • A collection of 1, 2 and 3 bedroom luxury apartments and penthouses with outstanding specification, most with private outdoor space • 24 hour concierge services and private residents’ gymnasium • 999 year lease • Estimated completions from Autumn 2017 • Prices from £750,000 • 95% already sold 55/76 THE LONDON DEVELOPMENT PORTFOLIO STRATFORD, E15 STRATOSPHERE This striking 36-storey tower with adjoining 10 storey element, is set in the heart of Stratford overlooking the Queen Elizabeth Olympic Park and Westfield Stratford City, towards the City of London and Canary Wharf. 56 With a mere two minute walk to Stratford station and with numbers fast approaching 200 trains per hour, Stratford is one of the most well-connected transport hubs in London. With direct connections to The City (8 mins), Canary Wharf (10 mins) and the West End (20 mins) the whole of the Capital is in easy reach. With the arrival of Crossrail from 2018, Stratford will gain an even higher profile with connections to Heathrow in 42 minutes. Westfield Shopping Centre, with its magnitude of shops and dining facilities as well as casino, bowling alley and cinema is just a two minute walk from Stratford Central. Queen Elizabeth Olympic Park and the sporting facilities that have been left as part of the Olympic legacy including the Aquatics Centre, Velopark and Copper Box are all within easy reach. Inside Stratosphere you will be greeted by a 24 hour concierge set within a stylish ground floor reception area. Located at the pinnacle of the tower is a private gymnasium for use by the residents in addition to a Wi-Fi lounge and terrace. Apartments themselves will offer outstanding specification including kitchens with stone worktops and integrated appliances, bespoke cabinetry to bathrooms and flooring throughout. 56/76 • 1 minute walk to Stratford Station (from January 2016 will become part of Zone 2) with direct connections to The City (8 minutes), Canary Wharf (9 minutes) & the West End (17 minutes) • Stratford will be served by the new Crossrail line from 2018 • Private gym, 24 hour concierge service, Wi-Fi lounge and terrace • 999 year leasehold • First completions from Spring 2017 THE LONDON DEVELOPMENT PORTFOLIO MARYLEBONE, W1 THE CHILTERNS With its green and luscious wide open space, mature trees and manicured gardens, The Chilterns is a side to London that is as surprising as it is relaxing. 57 Just five minutes away is Regent’s Park which includes 410 acres of gardens, lakes, an open air theatre, cafés, tennis courts and the world-renowned London Zoo. And if The Chilterns isn’t green enough, then simply turn to south east corner of Marylebone. Hyde Park connects Marylebone with Knightsbridge and is less than a 30 minute tree-lined walk to Harrods and Harvey Nichols. The Chilterns consists of 44 luxury apartments which offer a standard of living that is second to none in the area. Each apartment provides a living space on an unprecedented scale for this classic part of London and in a style that is simply breathtaking. The highest technical specifications coupled with the finest examples of progressive interiors from world-renowned designer Rabih Hage provide a seamless blend of comfort and innovation. The building offers secure underground parking, a gym and spa facility and a concierge service which is on call 24 hours a day. Perhaps most tempting, residents of each apartment have an opportunity to own a basement wine cellar. • Concierge, Underground Parking, Gym, Cinema Room, Spa Room, Sauna/Steam Room, Wine Storage & Storage (by separate negotiation) • Integrated Home Automation system • 2 and 3 bedroom apartments, duplexes and penthouses • 999 year lease • Estimated completion Winter 2015 • Prices from £3,700,000 57/76 THE LONDON DEVELOPMENT PORTFOLIO ALBERT EMBANKMENT, SE1 THE CORNICHE From an exclusive address on the south side of the River Thames, The Corniche offers a rare window into one of the most cosmopolitan capitals in the world. 58 Panoramic views over the most important stretch of the river take in every silhouette of the London skyline, from the magnificent Houses of Parliament to the round pods of the London Eye. Below, a slender path winds towards the South Bank, London’s world famous riverside ribbon of art and culture. The Corniche is a new landmark on the River Thames – a building to look at and look out from, a sea of curves that mirror those of the river below. World-renowned architectural practice Foster + Partners brings a genuinely global perspective to The Corniche, and the resulting design presents a bold and confident vision of the future. Interior design flows seamlessly from the exterior, converting the building’s elliptical character into curved forms and uninterrupted floor-to-ceiling glazing. Texture, grandeur and space define the interior, which marries art deco heritage with a distinctly modern sensibility. The colour palette is refined, the mood uplifting. The Corniche celebrates ease and recreation with a wealth of luxury amenities, including an infinity pool, spa, private screening room and club lounge with terrace. In so doing, it offers the chance to experience luxury at its best, giving a welcome preview of life ahead of the curve. • Two river facing towers with views of the Houses of Parliament 58/76 • Extensive residents facilities including pool, gym, cinema and bar club lounge • Residents lounge bar on 19th floor • Prices from £3,200,000 THE LONDON DEVELOPMENT PORTFOLIO GOLDERS GREEN, NW11 THE LEXINGTON The Lexington is a stunning collection of carefully crafted homes in North West London. 59 Light and airy, spacious and smart; these boutique apartments and houses have been designed by renowned award-winning architects to evoke the urban chic of New York’s Upper East Side. With individual and communal outdoor spaces, private gym (subject to planning), secure underground parking and hotel style concierge service, The Lexington delivers city living at its very best. Residents of The Lexington will find themselves well placed to enjoy the very best that London has to offer – whether it’s the bustle of central London or the tranquillity of Hampstead Heath. They will follow a host of noteworthy intellectual, political and literary figures from Britain’s past and present who have chosen this particular part of London as their home. Hampstead Heath, London’s largest parkland is right on the doorstep with its open air swimming ponds, tennis courts and regular summer lakeside concerts on the slopes by Kenwood House. • A selection of mews houses remain • Concierge and landscaped gardens • Each unit comes with an underground parking space • Majority with balcony or private terrace • 999 year lease • Prices from £1,175,000 59/76 THE LONDON DEVELOPMENT PORTFOLIO SOUTHWARK, SE1 THE MUSIC BOX Developed by Taylor Wimpey Central London, The Music Box is a stunning and iconic development in the core of London’s cultural centre. 60 Whilst the surrounding area is vibrant and rich in architecture, the development is also within touching distance of significant landmarks including the Southbank, Tate Modern, the Shard, the Old Vic and the Royal Festival Hall ensuring that residents will find themselves well placed to enjoy the best that London has to offer. The architecturally striking development will comprise a selection of 1, 2 and 3 bedroom apartments, all intricately designed to ensure that purchasers benefit from the pinnacle of modern, boutique style living. Floor to ceiling windows provide an abundance of natural light into each apartment and help maximise the spectacular views of Westminster to the west, St Pauls and the City to the north and the Shard to the east. 60/76 • A selection of 1, 2 and 3 bedroom apartments • 24 hour Concierge • 250 year lease • Completion due Q1/Q2 2016 • Located in the core of London’s cultural centre • Prices from £715,000 THE LONDON DEVELOPMENT PORTFOLIO WANDSWORTH, SW18 THE RAM QUARTER Welcome to The Ram Quarter at Wandsworth. An exciting new residential and retail quarter, combining contemporary living with iconic heritage at the historic Young’s brewery site. 61 Six impressive new buildings form Phase One of London’s most exciting new development. Residents will benefit from shared gardens, views of the river Wandle, and dining and shopping on their doorstep. Stylish new apartments overlook The Ram Quarter’s dynamic public realm, with its mix of bustling cafés, shops, bars and historic listed buildings. With its green spaces and riverside parks, Wandsworth is one of London’s most sought-after boroughs. Explore the fashionable boutiques and taste delights in the artisan cafés of Wandsworth Town. Or take advantage of the superb transport connections that whisk you to the heart of London in minutes. With excellent transport links to central London, the city’s culture and vibrancy is on the doorstep. The capital’s major airports are also easily accessible from Wandsworth Town and Clapham Junction. • Studios, 1, 2, 3 and 4 bedroom apartments • Car parking available for selected apartments • 999 year lease • Residents’ gardens • Most apartments with private balconies • Completions from Winter 2017 • Prices from £478,000 61/76 THE LONDON DEVELOPMENT PORTFOLIO SOHO, WC2 THE SAINT MARTINS LOFTS Set in the heart of trendy Soho, The Saint Martins Lofts will provide thirteen exclusive loft style apartments in the former Central Saint Martins School of Art. 62 The lofts are positioned on the top four floors of this iconic building with magnificent views south towards the Houses of Parliament and over Soho. The lower floors will be occupied by the world famous bookseller, Foyles, winner of National Bookseller of the Year in 2008, 2010 and 2012. Each of the thirteen apartments will have its own distinctive style with a choice of duplexes with stunning double height original style windows, lateral apartments with large terraces and two penthouses with commanding views over London. Each apartment is very generously proportioned and designed with the highest quality interiors. • Only one large duplex apartment and a penthouse remain • Located in the landmark former Central St Martins School of Art • Double height spaces • Located in buzzing Soho next to the future Tottenham Court Road Crossrail station • 999 year lease • Prices from £4,550,000 62/76 THE LONDON DEVELOPMENT PORTFOLIO SOUTHWARK, SE1 TWO FIFTY ONE A stunningly elegant 41-storey residential tower, Two Fifty One is in a Zone One Central London location between Vauxhall Bridge and Tower Bridge. 63 Just minutes from Westminster, the West End and the City, Two Fifty One is also close to the South Bank, benefiting from superb transport connections to central London plus major national and international transport hubs. Located where Southwark Bridge Road and Newington Causeway meet, Two Fifty One will be one of the most striking developments in Southwark. Two Fifty One’s Zone One Southwark location places it in the heart of the capital – with no less than nine bridges connecting the borough to central London, including the new CS7 cycle super-highway, linking Southwark Bridge Road to Kings Cross. Just minutes from Westminster, the West End and the City, Two Fifty One is near the South Bank’s Royal Festival Hall, National Theatre, Tate Modern, and Shakespeare’s Globe. The Shard and Borough Market are also within walking distance. • Fantastic Zone One location • 24-hour staffed reception and security • Concierge services • Cinema club • Get Connected Lounge • Residents’ gym/health suite • Residents’ entertaining space • Contemporary restaurant • Cafe-bar on ground floor of adjoining commercial building • Prices from £450,000 63/76 THE LONDON DEVELOPMENT PORTFOLIO NINE ELMS, SW8 VISTA Just a stone’s throw from the River Thames and only minutes from fashionable Chelsea, with far reaching views over leafy Battersea Park, Vista is an outstanding new development. 64 The perfect choice for contemporary London living. From inside to outside, the glass fronted balconies, terraces or patios at Vista form an integral part of the living space. Green surroundings with outdoor spaces designed to open up a whole new perspective on the world beyond. Making a strong statement with outstanding architecture and superb design, Vista stands out as a new landmark development setting unrivalled standards for contemporary living in a prominent and significant area of London. An enviable location, perfectly placed to enjoy the superb amenities in the local area and to take advantage of the many benefits that the Capital has to offer. The cascading exterior of the buildings creates a superb feeling of space and light in the apartments while providing outstanding outlooks. The beautifully landscaped sunken garden enhances the feeling of open space. 64/76 • 1, 2, 3 and 4 bedroom apartments and penthouses • Within easy reach of Battersea Park, Queenstown Road and the proposed Northern Line extension at Battersea • 24 hour concierge, resident’s gym, two stunning gardens • Right to park available by separate negotiation • All apartments benefit from private balconies, patios or terraces • 999 year lease • Prices from £800,000 THE LONDON DEVELOPMENT PORTFOLIO WAPPING, E1 136-140 WAPPING HIGH STREET This spectacular warehouse conversion offers 37 exclusive apartments, each with superb panoramic views across the Thames as it sweeps majestically between Tower Bridge and Canary Wharf. 65 The development is brilliantly located for access to the financial heart of the City and the global commerce of Canary Wharf - while being in one of the Capital’s most distinctive, historical and unique conservation areas, surrounded by truly outstanding architectural landmarks that bear testimony to Wapping’s grand Victorian maritime legacy. Today, Wapping is a buzzing cosmopolitan fusion of old and new, its cobbled narrow streets and imposing warehouse façades that so define the district, its original riverside inns including ‘The Prospect of Whitby’ still standing proudly since the reign of King Henry VIII and certainly amongst the most famous haunts in London, to vibrant gastro restaurants nestled snugly along Wapping’s main thoroughfare. Little over a half mile upstream lies one of the Capital’s most fashionable and cultural hotspots - St Katharine Docks, an exclusive yachting marina providing an exhilarating array of designer shops, restaurants, bars and the historic ‘Dickens Inn’, a former brewery and now highly sought after venue for fine wines, traditional ales and excellent cuisine. • A unique collection of brand new 1, 2 & 3 bedroom luxury apartments & penthouses within a Grade II listed environment located in Wapping Wall Conservation Area • Sleek, sophisticated style and understated luxury throughout • Exclusive riverside apartments • Good transportation links • 999 year lease • Completion in early 2015 65/76 THE LONDON DEVELOPMENT PORTFOLIO WAPPING, E1 21 WAPPING LANE 21 Wapping Lane will be a landmark development offering panoramic views across the River Thames and also towards the City and Canary Wharf, both within easy reach. 66 The remaining duplex penthouse offers simply stunning views towards the City and Canary Wharf, far reaching views to the south and to the Olympic Park in the north east. The finish is of the highest standard, the view of the sweep of the river is awe inspiring and the large roof terrace that wraps around the top floor has to be seen to be believed. The convenience of the location ensures this will be an attractive proposition for both owner-occupiers as well as investors seeking capital growth. Apartments here will remain in demand with predictions of increasing population and the draw of Wapping Village itself, a highly sought after location and arguably the most established residential area in London’s Docklands. • 24 hour security and concierge service • Residents’ private gymnasium and screening room • Underground car parking available • 999 year lease • Ready for occupation 66/76 THE LONDON DEVELOPMENT PORTFOLIO WESTBOURNE GROVE, W2 WESTBOURNE HOUSE Westbourne House is a boutique development of 20 luxurious apartments located on the fashionable Westbourne Grove in the heart of W2. 67 The site is situated in a prominent position, with Notting Hill to the West, Bayswater and Paddington to the East and the open spaces of Hyde Park to the south. Numerous bars and restaurants are within walking distance ranging from upmarket trend setters to local neighbourhood gems. Alchemi Group have teamed up with multi award winning Architects Stiff and Trevillion to create distinctive and tasteful apartments, all of which benefit from either balconies or roof terraces. Excellent public transport links are provided by Paddington Mainline station with overground routes across south west England as well as an express train for passengers travelling to Heathrow Airport. In addition, the London Underground serves the Bakerloo, District and Circle Lines from this station. The site also benefits from being approximately 500 metres to the north of Bayswater Underground Station, providing additional access to the District and Circle lines as well as being only a short walk from Queensway Underground Station which provides direct access to both the West End and the City via the Central Line. The addition of Crossrail at Paddington Station, which is due for completion in 2018 will also provide access to Canary Wharf within approximately 17 minutes. • A collection of luxury 1, 2 & 3 bed apartments and a split level penthouse with 360 degree views • 24 hour concierge • Secure underground valet parking • Excellent transport links • 999 year lease • Completion early 2015 • Prices from £1.36m 67/76 THE LONDON DEVELOPMENT PORTFOLIO FINSBURY PARK, N4 WOODBERRY DOWN Welcome to Woodberry Down, a new luxury development in Finsbury Park, N4, located on the banks of the New River and West Reservoir providing a mix of apartments and penthouses overlooking more than 42 acres of tranquil open water. 68 Skyline is the next phase at Woodberry Down which will feature 405 apartments, ranging in size from studios to penthouses, offering stunning views across the tranquil setting of the East Reservoir. A 30 storey tower will form a focal point, with smaller buildings arranged alongside the water. Each apartment will benefit from private outdoor space be it a balcony, garden or roof terrace. There are six different specifications for purchasers to select from which all feature high quality fittings throughout, including engineered wooden flooring, carpets, large format porcelain tiles, state of the art technology in the kitchen and under floor heating throughout. 68/76 • 2 & 3 bedroom apartments with balconies and/or terraces • Waterside development fronting onto an exciting water recreation area • Many apartments boast stunning views over the reservoir and towards the City and Canary Wharf • Excellent transport connections with further improvements from the North & East London Line Extensions • 299 year lease from Jan 2010 • Prices from £447,500 GUIDE How to successfully let a property and how we can help THE LONDON DEVELOPMENT PORTFOLIO LANDLORDS 69 Our highly qualified Property Management Team has extensive experience of managing new build properties on behalf of investor landlords. Many of our clients reside overseas and rely upon our expertise to ensure that their property investments are managed effectively in their absence. Our award winning service involves being the first point of contact for all landlord and tenant queries during a tenancy. Our 24 hour maintenance service and unique online repair reporting tool for use by tenants help to ensure that our clients’ properties are maintained to the highest standards. JLL is the largest property consultancy business in Europe and has an enviable reputation for consistently delivering beyond client expectations. Our local, regional and global network of offices ensures we reach the widest audience possible, whilst being able to offer on the ground advice and expertise. The Residential Lettings Team at JLL are well respected for their extensive knowledge of the new development residential property market, and can offer invaluable and sound advice in all aspects of investment purchase from the single owner to portfolio investor. With a dedicated team of lettings experts at hand, we can assist and guide you through the whole investment process, from the initial property purchase right through to long term property management services. We aim to offer our clients’ a professional seamless service that covers all aspects of the lettings and management process. We recognise that our clients require a seamless property management service which is why we offer all of our clients our vacant management service for periods when their properties are not occupied. This service ensures that bills are paid and that the property is regularly inspected whilst vacant. Our Accounts Team make payments of rent to thousands of landlords every month with statements and copies of relevant invoices being sent by email for the convenience of our clients. Where required, our accounts team are able to report to HMRC on property related income on behalf of our non-resident landlords. Additionally, our Accounts Team are able to make payment of regular outgoings such as ground rent and service charge on behalf of our clients. JLL has further enhanced our long-established London residential property service with the launch of a dedicated Hong Kong Lettings Desk. The specialist new desk allows us to get our hands on knowledge and experience of the London residential lettings market, while being able to develop a face to face relationship. Providing a local point of contact allows our clients to communicate more efficiently and smoothly, avoiding unnecessary delays due to varying time zones. Contacts Lucy Morton London Residential Agency T: +44 (0)20 7306 1631 [email protected] Charlotte Malone Sam Winnard London Lettings Property Management T: +44 (0)207 715 9706 T: +44 (0)208 104 1141 [email protected]@eu.jll.com THE LONDON DEVELOPMENT PORTFOLIO BUYERS GUIDE TO TAX Tax and the Overseas Landlord 70 UK regulations treat overseas landlords generously, and recent changes to the law have made the tax climate even more liberal. However, it is important that overseas investors arrange their affairs properly, in order to benefit from the tax concessions, and take appropriate professional advice. HW Fisher & Company is a medium-sized London firm of Chartered Accountants which acts for many overseas investors in UK property. The firm maintains a specialist Overseas Landlords Group, and is able to provide comprehensive, effective and cost-efficient advice on all aspects of this subject. The above is only a brief guide and does not purport to represent individual professional guidance. Pitfalls can trap the unwary, but there are ways of avoiding exposure and professional help should always be sought. In theory, overseas landlords could be affected by the following taxes, but in practice these are seldom a deterrent to profitable investment. For further information including a free tax guide for overseas investors in UK residential property, including details of services provided and related costs, please contact: Income Tax applies to all rental income arising in the UK. However, a variety of allowable expenses including financing costs, maintenance and repairs, and certain professional fees generally make it possible to reduce a tax liability very considerably, or even eliminate it altogether. Alan Lester HW Fisher & Company Acre House 11 – 15 William Road London, NW1 3ER T: +44 (0) 207 388 7000 [email protected] www.hwfisher.co.uk There are many reasons why investors from abroad find the UK property market so attractive, but one of the most important is tax. Inheritance Tax applies to all personal assets situated in the UK - above certain lower limits - no matter where the owner resides. Once again, however, this is a tax that can usually be avoided, with suitable advance planning. Capital Gains Tax overseas residents are currently exempt from tax on capital gains arising in the UK, but it is possible - in the case of a lengthy stay in Britain, for example - to lose this exemption Property owners considering frequent or extended visits, or a permanent change to become resident in the UK should be sure to take appropriate advice. Capital Gains Tax (CGT) applies to disposals of residential property worth more than £2 million held in offshore structures (unless the property had been let on a commercial basis to an unconnected third party). CGT when a property is sold by a non-resident is due to be introduced from April 2015 although the details of implementation are still in Government consultation. Corporation Tax could in certain rare circumstances arise if an overseas investor is buying and selling UK properties frequently, and if HM Revenue & Customs considers that trading is taking place. Investors with ambitious plans should ensure that they are fully aware of their tax position. Alan Lester is a partner of HW Fisher & Company, a firm of Chartered Accountants, with offices in London, Watford and, through Fisher Leung & Co, in Hong Kong. THE LONDON DEVELOPMENT PORTFOLIO 71 THE LONDON DEVELOPMENT PORTFOLIO 72 BUYERS GUIDE TO THE LEGAL PROCESS Unlike property in some other countries, UK property can be owned by anyone or virtually any entity: Companies, trust structures or individuals whether UK resident or not For overseas buyers, there is a well established process in place for acquiring UK residential property. The process is slightly different depending on whether the property is “new build” or “second-hand” but the majority of UK property transactions can be summarised broadly in the following three stages: Reservation Contract Reservation A buyer will reserve a property that he/she wishes to acquire for an agreed purchase price by either agreeing a memorandum of sale or signing a reservation form and paying a reservation fee (which is usually non-refundable). At this stage, the buyer has not entered into a legally binding agreement. The reservation will normally afford the buyer a period of exclusivity in which he/she can seek to formalise the acquisition of the property without fear of incurring unnecessary or wasted costs Contract Following agreement of a reservation, both the seller and the buyer will instruct lawyers. The seller’s lawyers will prepare a sales pack containing all of the relevant documentation pertaining to the property and will send it to the buyer’s lawyers for review. This will include the draft contract and evidence of the seller’s ownership of the property. The buyer’s lawyers will then examine the paperwork, lodge investigative searches with the relevant statutory authorities and undertake full due diligence on the documentation. The result of that due diligence, which is a summary of the investigations and enquiries that the buyer’s lawyers have undertaken in respect of the property, is a Report on Title which is delivered to the buyer prior to contracts being formalised. Completion The parties’ lawyers will then agree the exact wording of the contract. The terms may vary from one transaction to another depending on the agreement between the parties and the property in question. The buyer will purchase the property by reference to its official UK Land Registry title or (if the property is “new build”) a set of plans and specifications setting out what the developer is agreeing to construct. It is vital to check what is included in the purchase price. If there is an exclusivity period, contracts must usually be formalised by the agreed deadline. If the buyer decides to proceed with the purchase, he/she will sign the contract and return it to his/her lawyer so that something called “exchange” can take place. Exchange of contracts is the moment when both parties become locked in to the transaction. On basic terms, it means that both parties have signed an identical copy of the contract and their lawyers have handed over their signed copy to the other party – an exchange of documents. Once contracts are exchanged, both parties are legally bound to the sale and purchase of the property and may not subsequently withdraw from the process. The buyer should ensure that he/she has the ability to put in place the necessary funding for completion (and any requisite stage payments). Usually a 10% deposit is payable upon exchange of contracts. Depending on the contractual terms, a larger deposit or stage payment(s) between exchange and completion may also be required. It is important for a buyer to take legal advice from a reputable solicitor to make sure that, if possible, any deposit payments are properly protected by way of suitable contractual provisions or a warranty. Completion of the transaction will take place on an agreed date or (if the property is “new build”) on the date when the property is ready for occupation. At this point the buyer will pay the balance of the purchase price (less any deposits already paid) and will be given the keys to the property. In the case of “new build” property purchases, completion is normally on notice from the seller that the property is finished in accordance with the plans and specifications referred to in the contract. A surveyor may inspect the property for any outstanding snagging items prior to completion. Again, it is important that a buyer takes comprehensive legal advice to make sure that the contract contains adequate protections to ensure that the completion process must be undertaken properly. In the run up to completion, the buyer’s lawyers will prepare a completion statement setting out the funds required from the buyer to complete. This will include the balance of the purchase price of the property. Other standard costs include legal fees, stamp duty land tax (SDLT), Land Registry fees and standard “out of pocket” disbursement costs. SDLT This is the government purchase tax payable on the purchase price. SDLT rates for residential property from 4 December 2014 From 4 December, SDLT for residential property is charged at different rates depending on the portion of the purchase price that falls within each rate band. These rates apply to residential properties completed on or after 4 December 2014 and are referred to as the “new” SDLT rules below. Rate Value Value 0% On the first £125,000 2% On the first £125,000 5% On the first £125,000 10% On the first £125,000 12% On the value over £1.5 million Where contracts have been exchanged on or before 3 December 2014, and the transaction is completed on 4 December or later, the buyer can choose whether to use the old or the new rules. Higher rate for corporate bodies There are separate provisions for properties purchased by certain “non-natural” persons such as companies where an SDLT rate of 15% is applied on purchases above £500,000. Annual tax on enveloped dwellings (ATED) is also payable and will apply to corporate envelope ownerships valued above £1m from April 2015 and above £500,000 from April 2016 (although currently applies to values of above £2m where business relief does not apply). In both cases, business relief may apply if the property in question is being let on a commercial basis to an unconnected third party. Land Registry fees These are calculated on the purchase price, currently as follows: £200,001 - £500,000 = £270 £500,001 - £1,000,000 = £540 £1,000,001 and over = £910 On completion, the buyer’s lawyers will lodge details of the transaction at the Land Registry so that the buyer becomes the “registered proprietor” of the property which is effectively a UK government guarantee of title. Conclusion At present, when it comes to property transactions, the UK very much welcomes overseas purchasers. As detailed above, the process of buying residential property is long established and there are no limitations on foreign investment. With a burgeoning private rental market in the UK, buy-to-let investments are currently very popular. The tax system is transparent and relatively straightforward and any property lawyer will be able to explain the basic considerations in buying UK property. Buyers must be prepared though to take advice with regard to the structuring of the purchase of UK property, so as to ensure a proper understanding of the relevant tax consequences. SDLT rates for residential property from 20 March 2014 to 3 December 2014 The old SDLT rates apply to transactions before 4 December 2014, for example on contracts which were exchanged before 4 December for the purchase of a freehold or grant of a new lease or the assignment of an existing lease. Purchase price/lease premium or transfer value SDLT rate Up to £125,000 0 Over £125,000 to £250,000 1% Over £250,000 to £500,000 3% Over £500,000 to £1 million 4% Over £1 million to £2 million 5% Over £2 million 7% This note provides an outline of the process of acquiring property in the UK and is for very general guidance only. It should not be relied upon as a substitute for specific or detailed legal advice. Chris Myers t: +44 20 7863 8417 e:[email protected] THE LONDON DEVELOPMENT PORTFOLIO Completion 73 THE LONDON DEVELOPMENT PORTFOLIO 74 BUYERS MORE DISCERNING RESIDENTIAL RESEARCH The Central London sales market remains active and strong. Plenty of units are still being sold, often at record prices, but the market has become less frantic in recent months. Buyers are a little more fastidious with ambitiously-priced schemes seeing lower interest while less established areas or those without a story, are now a little more vulnerable. Increasingly active Over the past 18 months the number of new unit sales each half year has been in the 6,000-6,500 range, consistently and significantly higher than the preceding 18 months when closer to 3,500 units were being sold each half year. The first half of 2014 (H1 2014) saw a 13% decline in unit launches compared with H2 2013 but despite this there has been a marginal rise in new unit sales. The number of sales across Central London was 6,500 in H1 2014 slightly higher than the 6,300 in H2 2013. Moving out A notable trend during the first half of 2014 has been a shift in activity away from Core markets and into Outer Core areas. Only 1,300 units launched in Core markets in H1, a 57% fall from H2 2013. In contrast, unit launches soared to 4,700 in Outer Core locations, a 21% rise and the first time the 4,000 unit milestone has been surpassed in this cycle. Understandably, sales have followed a similar pattern. There were 1,750 unit sales during H1 2014 in Core markets, a 33% fall, whereas in Outer Core markets sales increased by 31% to 4,800. Significantly, the number of units unsold at the end of H1 fell below 2,000 units for the first time in three years – reaffirming the underlying strength of the market despite the steady easing. 33% Fall in unit sales in Core markets Prices rise, but at a slower rate Price growth has slowed during H1 2014, but prices are still rising in the majority of schemes and areas. The six monthly rate of growth slowed from 8.1% in H2 2013 to 5.1% in H1 2014. Furthermore, quarterly price growth has slowed from 3.4% in Q1 to 1.7% in Q2. Annual price growth remains high at 13.7% but this will ease significantly as 2014 progresses when the strong price rises during H2 last year fall out of the annual equation. UK buyers in ascendancy The “UK first” initiative has helped contribute to a higher proportion of domestic buyers during H1 2014. 73% of housebuilders report a notable or a slight increase compared with last year. 73% Of developers have seen an increase in UK buyers THE LONDON DEVELOPMENT PORTFOLIO 75 NORTH CENTRAL NORTH WEST EAST WEST END CITY WEST CENTRAL WEST CENTRAL RIVER CENTRAL SOUTH OUTER RIVER SOUTH WEST CANARY WHARF OUTER RIVER SOUTH EAST THE LONDON DEVELOPMENT PORTFOLIO BUILDING UP The volume of schemes under construction continues to escalate. Levels are at their highest since the credit crisis and have doubled in two years. However, housing starts have already begun to slow despite continued enthusiasm from developers. 76 Construction at new high The Central London development market has taken a further leap forward in recent months. Already elevated following stronger activity over the past two years, the number of units under construction has moved to a new high during H1 2014. There are now 21,900 units on site having more than doubled in just two years and risen by 15% during H1 2014 alone. The number of unit starts eased down slightly to 6,600 units in H1 2014, from 7,000 in H2 2013, but remains notably higher than the 2,500-3,000 units per half year two to three years ago. By far the greatest shift in schemes under way is in Outer Core markets. There was only a marginal 1% rise in Core markets but a far more substantial rise in the Outer Core. 28% Uplift in units under construction in Outer Core markets during H1 2014 Investment Valuation Affordable Housing Mixed–Use Development Estate Agency & Lettings Funding & Corporate Finance Land Sale & Acquisitions Planning New Homes Sales International Agency Research THE LONDON DEVELOPMENT PORTFOLIO RESIDENTIAL SERVICES 77 Development Consultancy LONDON OFFICES New London Homes 30 Warwick Street London, W1B 5NH +44 (0)207 993 7395 Nine Elms JLL Nine Elms office (opening 2015) Greenwich 22 College Approach Greenwich, SE10 9HY +44 (0)208 858 9986 Prime London 174 Brompton Road London SW3 1HP +44 (0)207 306 1600 City 16-17 Royal Exchange London, EC3V 3LL +44 (0)20 7337 4000 Blackheath 8 Montpelier Vale Blackheath, SE3 0TA +44 (0)208 852 8383 Kensington 375 Kensington High Street London, W14 8QH +44 (0)207 087 5696 Canary Wharf 11 Westferry Circus Canary Wharf, E14 4HE +44 (0)207 715 9700 Finsbury Park Unit B, Parkway Apartments Woodberry Pk, Goodchild Rd London, N4 2BL +44 (0)207 870 6667 INTERNATIONAL OFFICES Moscow Victoria Lauri +44 (0)207 087 5287 [email protected] Shanghai Michelle Liu +86 1381 7551 666 [email protected] Singapore Ricardo Figueiredo + 65 9632 7334 [email protected] Mumbai Anil Grover +91 22 3985 1384 [email protected] Hong Kong Mandy Wong +852 2846 5638 [email protected] Beijing Hong Zhang +8610 5922 1166 [email protected] Dubai Will McKintosh +971 4 426 6911 [email protected] Malaysia Sherman Ngau +603 2260 0700 [email protected] jll.co.uk/residential Jones Lang LaSalle © 2015 Jones Lang LaSalle IP, Inc. All rights reserved. The information contained in this document is proprietary to Jones Lang LaSalle and shall be used solely for the purposes of evaluating this proposal. All such documentation and information remains the property of Jones Lang LaSalle and shall be kept confidential. Reproduction of any part of this document is authorized only to the extent necessary for its evaluation. It is not to be shown to any third party without the prior written authorization of Jones Lang LaSalle. All information contained herein is from sources deemed reliable; however, no representation or warranty is made as to the accuracy thereof.