SANTINA FACT SHEET Computer generated image is indicative only MORE LONDON. MORE STYLE With a prime position in the heart of town, Morello could not be better placed for living, leisure and work. A superb range of 1, 2 and 3 bedroom apartments, all designed to the highest standards of contemporary taste set in the ever - vibrant scene that is central Croydon. THE DEVELOPER Menta Redrow Ltd ANTICIPATED COMPLETION Winter 2016 LOCATION Cherry Orchard Road, Croydon, Surrey CR9 6BY Parking 81 parking spaces available for occupiers on a lease basis for up to one calendar year at 1,700 per annum LOCAL AUTHORITY Croydon London Borough Council TENURE 999 year leasehold Net internal floor areas Apartments from 581 sq ft to 1,307 sq ft (usable internal area excludes balconies or terraces). Building Insurance 10-year NHBC Buildmark Warranty
The development consists of 4 towers Maraschino, consisting of 44 apartments 27 x 1 beds, 13 x 2 beds and 4 x 3 beds. These are over 9 storeys. Santina, consisting of 90 apartments 56 x 1 beds, 29 x 2 beds and 5 x 3 beds. These are over 15 storeys. Rainier, consisting of 112 apartments 44 x 1 beds, 58 x 2 beds and 10 x 3 beds. These are over 19 storeys. Amarelle, consisting of 51 apartments 18 x 1 beds, 22 x 2 beds and 11 x 3 beds. These are over 13 storeys. There is a total of 297 apartments across the development. The development is being constructed by Menta Redrow Ltd. About the Development Morello Croydon is a contemporary design of 1, 2 & 3 bedroom apartments with a brick and metal clad finish to give a warehouse feel. The apartments benefit from concierge lobby and gym. Open space and play area is available on site. Basement parking is available for up to 81 cars. Spaces are available on a lease basis. Motorbike parking is also available. Cycle storage is also located in the basement for up to 449 bicycles. Various plots may benefit from a balcony or terrace. The 3 bedroom penthouse apartments are over 2 floors and available with a terrace. Local Area Morello is under Croydon London Borough Council. To the North boundary of the development you have Croydon East train station. With journey times to London Bridge approx. 17 mins. To the South boundary of Morello you have a mix of terrace housing. We also have Ark Oval Primary School. There are many plans for the regeneration of Croydon with a mix of Residential & Commercial developments playing a role. The most exciting step for Croydon is the news of Westfield Shopping Centre being constructed on Wellesley Road, just to the North of Morello and approx. a 10 minute walk away. The Mayor of London has committed to 1 billion towards ensuring a prosperous future for Croydon. Croydon is one of London s greenest Boroughs and ten of its parks and woodland has Green Flag Status. A wide range of restaurants and night life can be found on your doorstep in Croydon offering a wide range of cuisine. Transport Zone 5 from Croydon East Rail Line London Bridge approx. 17 mins London Victoria 16 mins Kings Cross St. Pancras approx. 27 mins Canary Wharf approx. 22 mins Education Queen Mary University of London approx 13.3 miles University College London approx 12.3 miles Imperial College London approx. 11.3 miles University of Westminster approx. 11.8 miles Kings College London approx. 11 miles Travel times and distances are approximate only. Source: Google Maps
APARTMENT MIX - Santina Floor 1 Bed 2 Bed 3 Bed Total Ground 3 0 1 4 1 3 2 1 6 2 5 2 1 8 3 5 2 1 8 4 5 3 8 5 5 3 8 6 5 3 8 7 5 1 6 8 4 2 6 9 4 2 6 10 4 2 6 11 4 2 6 12 4 2 6 13 3 1 4
Council Tax 2014/15 Valuation Band Croydon Services GLA Total Band A 780.93 199.33 980.26 Band B 911.08 232.56 1,143.64 Band C 1,041.24 265.78 1,307.02 Band D 1,171.39 299.00 1,470.39 Band E 1,431.70 365.44 1,797.14 Band F 1,692.01 431.89 2,123.90 Band G 1,952.32 498.33 2,450.65 Band H 2,342.78 598.00 2,940.78 Information correct as at 30th August 2014 (Year 1 April 2014 to 31 March 2015). GLA = Greater London Authority. Source: www.rbkc.gov.uk GROUND RENT 1 beds - 250 p.a 2 beds - 350 p.a 3 beds - 450 p.a ESTIMATED SERVICE CHARGE 3.00 per sq.ft Indicative cost only to be confirmed Engrossment Fee 150 for the engrossment and lease documents. STAMP DUTY LAND TAX (SDLT) YOU LL PAY: Nothing on the first 125,000 of the property price 2% on the next 125,000 of the property price 5% on the next 675,000 of the property price 10% on the next 575,000 of the property price 12% on the rest (above 1.5million) of the property price Information correct as at 18 February 2015. Source: www.gov.uk/stamp-duty-land-tax-rates
FACT SHEET Computer generated images are indicative only TERMS OF PAYMENT 1. 2. A non-refundable booking deposit of $5,000 SGD DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT is payable on reservation 1. Passport / ID card *the booking deposit will be held by Colliers International 2. A current utility bill (not mobile phone) or bank until the exchange deposit (payable in accordance with statement showing name and home address. point 2 below) has been received in full by Menta Redrow If neither document can be provided then: - Ltd, at this stage the $5,000 SGD booking deposit will be a. An Inland Revenue demand or refunded to the Buyer directly by Colliers b. A letter from employer stating home address. An exchange deposit, being 10% of the Actual Purchase Please be advised that the solicitors must see the original Price (to be paid in pounds sterling) is payable within 21 copies of the above. days from exchange of Contracts 3. A further 5% of the Actual Purchase Price (to be paid in pounds sterling) is payable 6 months after exchange of Contracts 4. CONVEYANCING FEES Conveyancing will be charged at the following standard levels by our recommended purchaser s solicitor on Morello, Cherry Orchard Road: Balance 85% of the Actual Purchase Price (to be paid in pounds sterling) is payable on Legal Completion Properties between 265,000 and 500,000 1,500.00 plus VAT and disbursements ASSIGNMENT Assignment of contracts strictly only available with written Properties between 500,000 and 1,000,000 1,750.00 permission from Menta Redrow Ltd. plus VAT and disbursements
DEVELOPER menta regeneration Redrow Homes SOUTH-EAST Craig Marks CEO Kerry Jenkins Sales Director Tel: +44 (0)20 7666 3041 Email: craig.marks@menta.co.uk Tel: +44 (0)1268 886400 Email: kerry.jenkins@redrow.co.uk AGENT Colliers International Ben Morris Associate Director Tel: +44 (0)20 7487 1781 Email: Ben.Morris@colliers.com VENDORS SOLICITORS GCL SOLICITORS LLP RECOMMENDED PURCHASER S SOLICITORS RISEAM SHARPLES uk Carmen Coleman Connaught House, Alexanda Terrace, Guildford, Surrey GU1 3DA Siran Seevaratnam Solicitor Tower Street London WC2H 9NP Tel: +44 (0)1483 230210 Email: cws@gclsols.com Tel: +44 (0)20 7632 8903 Fax: +44 (0)20 7632 8916 Email: siran@rs-law.co.uk Web: www.riseamsharples.com
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