A development of 90 studio, one & two bedroom canal side apartments. Developer Regal Homes Location 3-11 Dod Street, London E14 Local Authority London Borough of Tower Hamlets Management Company Goodman Mann Broomhall Tenure 999 Year leasehold Apartment Areas 287 sq. ft. 673 sq. ft. Car Parking Limited parking spaces are available with 2 bedroom apartments Average Projected Rental Yield 5.39% Architect Erskine Walsh Building Warranty 10 Year BLP building warranty Building Insurance Included in the services charge figures Anticipated Completion April 2016 Page 1 of 7
DEVELOPMENT 90 apartments comprising of studios, one and two bedrooms, located in the fashionable Limehouse area. Royal Quay integrates local heritage whilst adding fresh and modern finishes to the interior. Located short distance from the thriving Canary Wharf district which has a plethora of bars, restaurants and shops to keep you entertained. Dedicated concierge. Gated development. Beautifully crafted German Kitchens and luxury bathrooms. Neff/Bosch appliances. CCTV cameras for added security. Page 2 of 7
TRANSPORT LINKS A short walk to Westferry DLR station with direct links to the city and to Canary Wharf. Transfer to the underground at Bank station to get to Central, North, West and South London. Take the DLR to Canary Wharf to change onto the Jubilee line which takes you all the way to Stratford in 14minutes and Waterloo in 15minutes. Transfer at Canning Town to get the Jubilee line To North Greenwich in 10 minutes, alternatively stay on the DLR to go directly Greenwich DLR station in 15 minutes. Transfer to River Taxi in Canary Wharf and get to Central London in 26 minutes whilst taking in the stunning views along the Thames. TRAVEL TIMES FROM WESTFERRY Canary Wharf DLR Station DLR 3mins Bank Underground Station DLR 8mins Shoreditch High Street Overground Station DLR/London Overground 14mins Stratford Underground Station DLR/Jubilee 14mins London City Airport DLR Station DLR 14mins Waterloo Underground Station DLR/Jubilee 15mins Temple Underground Station DLR/District 17mins Holborn Underground Station DLR/Central 18mins Kings Cross Rail Station DLR/Northern 18mins St Pancras International DLR/Northern 18mins Oxford Circus Underground Station DLR/Central 19mins Bond Street Underground Station DLR/Central 20mins Covent Garden Underground Station DLR/District/Piccadilly 24mins Warren Street Underground Station DLR/Central/Victoria 25mins Paddington Underground DLR/Jubilee/Bakerloo 28mins South Kensington Underground Station DLR/District 29mins Page 3 of 7
LONDON UNIVERSITIES AND COLLEGE City University London Northampton Square, London EC1 King s College Strand, London WC2 Goldsmiths University of London New Cross, London SE1 Time / Tube 19 mins / Angel 20 mins / Temple 21 mins / Euston University of The Arts London London N1C 23 mins / King s Cross St Pancras Time / Tube The London School of Economics and Political Science Houghton Street, London WC2 23 mins / Holborn Imperial College South Kensington University College London Gower Street, London WC1 24 mins / South Kensington 26 mins / Euston Square Travel times and distances are approximate only. Source www.tfl.gov.uk. SPECIFICATIONS Hallways Oak Veneer wooden flooring Electronic video entry phone system White high security multi-point locking entrance door Kitchens Oak veneer wooden flooring Contemporary German kitchen units with high gloss painted doors White composite 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 apartment) Integrated multi-function dishwasher Page 4 of 7
Reception Rooms Oak veneer wooden flooring Satellite/cable, TV, radio, data outlet point Telephone outlet point Bedrooms High quality fitted carpet in bedrooms to 1 and 2 bedroom apartments and oak veneer wooden flooring to studio apartments Fitted wardrobe (to master bedroom) Satellite/cable, TV, radio, data outlet point (to master bedroom in 1 and 2 bedroom apartments) Telephone outlet point (to master bedroom in 1 and 2 bedroom apartments) Bathrooms/Shower rooms Ceramic/porcelain wall and floor tiles to all bath/shower rooms (to floors and wet areas) Contemporary white suites Grohe chrome fittings Chrome ladder style heated towel rail Shaver points Ventilation system Vanity unit Fitted wall mirror General Thermostatically controlled heating Recessed downlights where possible Brushed stainless steel ironmongery White wood veneer doors Contemporary white electric flush to wall plates for power and light switches CCTV to main entrance and external common areas Concierge Gated development Page 5 of 7
COUNCIL TAX Tax Band Market value (April 1991) London Borough of Tower Hamlets (Based on 2 occupants within the Property) A Up to 40,000 789.68 B 40,001 to 52,000 921.30 C 52,001 to 68,000 1,052.91 D 68,001 to 88,000 1,184.52 E 88,001 to 120,000 1,447.74 F 120,001 to 160,000 1,710.97 G 160,001 to 320,000 1,974.20 H 320,001 and above 2,369.04 Source: www. towerhamlets.gov.uk. Information correct as at March 2014 (Year 1 April 2014 to 31 March 2015) ESTIMATED SERVICE CHARGE 4 per sq ft p.a. GROUND RENT Studio Apartments 400 p.a. 1 Bedroom Apartments 450 p.a. 2 Bedroom Apartments 500 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: https://www.gov.uk/government/collections/autumnstatement-2014-hm-revenue-and-customs Information correct as at 4 December 2014 Page 6 of 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. The balance of 90% 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 VENDOR S SOLICITOR HOWARD KENNEDY 19 Cavendish Square London W1A 2AW 1,500 plus VAT and disbursement RECOMMENDED PURCHASER S SOLICITOR RISEAM SHARPLES SOLICITORS 2 Tower Street, Covent Garden London, WC2H 9NP Jodie Campbell Tel: 44 20 7636 8892 Fax: 44 20 7664 4492 Email: j.campbell@howardkennedy.com Tom Sharples Tel: 44 20 7257 8910 Fax: 44 20 7836 9777 Email: tom@rs-law.co.uk Page 7 of 7