King s Cross - The largest area of urban redevelopment and investment in Europe.

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1 King s Cross - The largest area of urban redevelopment and investment in Europe. Developer Regal Homes Location Local Authority London Borough of Camden Tenure 999 year leasehold Apartment Areas ,215.9 sq. ft. Prices Starting from 635,000 Average Projected Rental Yield 4.99% Architect Material Architects Building Warranty BLP 10 Year Building Warranty Anticipated Completion February 2017 Page 1 of 8

2 DEVELOPMENT 46 luxury houses, studios, 1, 2 and 3 bedroom apartments located in the bustling Kings Cross area. St Pancras Place is designed with elegance in a traditional style, with classic features. Within a few minutes walk to Kings Cross and St Pancras stations. Short travel times to all of London s leading universities. 24 hours concierge. Stunning natural stone bathrooms and contemporary German kitchens. Close to all the shops, cafes, bars & restaurants that the regenerated area has to offer. Fully equipped resident s gym. Page 2 of 8

3 TRANSPORT LINKS Located close to Kings Cross St Pancras tube and national rail station. The six underground lines that pass through the station are Circle, Piccadilly, Hammersmith & City, Northern, Metropolitan and Victoria lines. Access to Europe is available via the Eurostar from St Pancras station. Travel Times Form Kings Cross Station Angel Bank (Financial District) Camden Town London Bridge Coven Garden (Theatreland) Leicester Square Oxford Circus Green Park Paddington (Heathrow Express) 2 mins 9 mins 4 mins 10 mins 6 mins 7 mins 4 mins 10 mins 12 mins Travel times and distances are approximate only. Source City Airport Canary Wharf Temple (LSE & Kings College) Warren Street (UCL) South Kensington (Imperial College) Knightsbridge Stratford (Olympic Park & Westfield Shopping Centre) 33 mins 23 mins 18 mins 2 mins 16 mins 13 mins 22 mins LONDON UNIVERSITIES AND COLLEGE Time / Tube Time / Tube King s College Strand, London WC2 19 mins / Temple Imperial College South Kensington 15 mins / South Kensington The London School of Economics and Political Science Houghton Street, London WC2 3 mins / Holborn Goldsmiths University of London New Cross, London SE1 28 mins / Euston University of The Arts London Granary Building, London N1C University College London 5 mins / Walking City University London Northampton Square, London EC1 2 mins / Angel Gower Street, London WC1 3 mins / Euston Square Page 3 of 8

4 SPECIFICATIONS Hallways Oak Veneer wooden flooring Electronic video entry phone system White high security multi-point locking entrance door White skirtings and architraves Kitchens Contemporary German kitchen units with high gloss painted doors White quartz worktop with an integral drainer and matching upstands Stainless steel undermount sink Contemporary chrome kitchen tap Neff/Bosch appliances Integrated fridge/freezer Stainless steel fan assisted electric oven Four ring hob Telescopic style extractor hood Integrated washing machine (unless located in a built-in cupboard elsewhere in the house/apartment) Integrated multi-function dishwasher Oak veneer wooden flooring White skirtings and achitraves Reception Rooms Oak veneer wooden flooring White skirtings and architraves Satellite/cable, TV, radio, data outlet point Telephone outlet point Bedrooms High quality fitted carpet in all bedrooms White skirtings and architraves Built-in fitted wardrobe (to master bedrooms) Satellite/cable, TV, radio, data outlet point Telephone outlet point Page 4 of 8

5 Bathrooms/Shower rooms Natural stone wall and floor tiles to all bath/shower rooms Contemporary white suites Grohe chrome fittings Chrome ladder style heated towel rail Chrome shaver points Ventilation system Vanity unit TV in en-suite showers Fitted wall mirror General Thermostatically controlled under floor heating Recessed downlights throughout Stainless steel ironmongery White wood veneer doors Contemporary white electric flush to wall plates for power and light switches Integrated building and individual apartment fire detection system CCTV to internal entrance and external common areas 24 hour concierge Gym Page 5 of 8

6 COUNCIL TAX Tax Band Market value (April 1991) London Borough of Camden (Based on 2 occupants within the Property) A Up to 40, B 40,001 to 52,000 1, C 52,001 to 68,000 1, D 68,001 to 88,000 1, E 88,001 to 120,000 1, F 120,001 to 160,000 1, G 160,001 to 320,000 2, H 320,001 and above 2, Source: Information correct as at 18 February 2013 (Year 1 April 2012 to 31 March 2013) ESTIMATED SERVICE CHARGE 3.46 per sq ft p.a. GROUND RENT Studio Apartments 400 p.a. 1 Bedroom Apartments 450 p.a. 2 Bedroom Apartments 500 p.a. 3 Bedroom Apartments 550 p.a. 3 Bedroom Houses 600 p.a. STAMP DUTY LAND TAX (SDLT) Value Band Tax Rate Up to 125k 0% Up to 250k 2% on excess over 125k 250k - 925k 5% on excess over 250k 925k - 1.5m 10% on excess over 925k Over 1.5m 12% on excess over 1.5m Source: Information correct as at 4 December 2014 Page 6 of 8

7 PAYMENT TERMS 1. A non-refundable booking deposit of 2,500 is payable upon reservation / exchange contract 2. 10% of the purchase price, less booking deposit paid, payable on exchange of contracts within 14 days from reservation 3. A further 5% of purchase price is payable 12 months from exchange of contracts 4. The balance of 85% of the purchase price will be payable upon completion DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT Passport copy / ID card Two utility bill copies or bank statement copies with buyer s name and address Please be advised that the solicitors must see the original copies of the above. CONVEYANCING FEES Property up to 1,000,000 Property over 1,000,000 1,750 plus VAT and disbursement 2,200 plus VAT and disbursement ASSIGNMENT Contracts are assignable Page 7 of 8

8 VENDOR S SOLICITOR HOWARD KENNEDY 19 Cavendish Square London W1A 2AW Jodie Campbell Tel: Fax: j.campbell@howardkennedy.com RECOMMENDED PURCHASER S SOLICITOR RISEAM SHARPLES SOLICITORS 2 Tower Street, Covent Garden London, WC2H 9NP Tom Sharples Tel: Fax: tom@rs-law.co.uk Page 8 of 8