HOCKLEY NOT TINGHAM ONE NG1 1FH Part of the Alpha Student Collection 04 One: Overview 06 Two: Boutique Residence 08 Three: Opportunity 10 Four: City Life 14 Five: Education 16 Six: Location 18 Seven: Why Invest 20 Eight: Expert Opinion 22 Nine: Rising Demand 24 Ten: Investment Summary 26 Eleven: Specification 28 Twelve: Floorplans 40 Thirteen: Management 41 Fourteen: The Developer 42 Fifteen: Purchase Process 43 Sixteen: Money Transfer 44 Seventeen: FAQ’ 45 Eighteen: The Team Super prime location... Situated in the heart of the city of in the historic zone just over half a mile away from the Nottingham Trent University Campus, One Hockley is the ideal location for modern day student living.

ONE

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ONE HOCKLEY NOTTINGHAM NG1 1FH CGIS ARE FOR INDICATIVE & GUIDANCE PURPOSES ONLY

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ONE HOCKLEY - NOTTINGHAM NG1 1FH “The student accommodation sector is now recognised as forming a critical component of a balanced investment portfolio.”

James Pullan Head of Student Property at Knight Frank

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ONE HOCKLEY - NOTTINGHAM NG1 1FH One: Overview

An introduction To student accommodation

Despite the increase in tuition fees for UK Universities and Higher Education Institutions the number of applicants applying to study within the UK continues to far outstrip available places; for the 2012/13 academic year a total of 618,247 individuals vying for 492,000 places, a ratio of 10 places for every 14 applicants.

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ONE HOCKLEY NOTTINGHAM NG1 1FH Investors will find pleasing news in the rise of “The UK student housing sector Non-European applications by 10% in 2012. has remained incredibly resilient According to Savills “this increasing Non-European throughout the recession, largely demographic inhabits the second largest tranche due to the underlying supply and of purpose-built student accommodation at values often above the domestic market.” demand dynamics, with a mismatch still prevailing in most towns and Indeed, global student mobility is on the rise and cities. The assurance of a guaranteed the number of students forecast to enroll outside of their own native countries is predicted to more long-term income stream has also than double between 2012-2025. In the UK this proven appealing in the current translates to approximately 30,000 international economic climate and the sector is students from nations around the world. now attracting a broader range of Currently the market remains undersupplied to meet investors as a result.” this demand and this looks set to continue long into the future making student accommodation an ideal secure and high yielding long term investment. Source CBRE 2011

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Two: Boutique Residence

What is a boutique student residence? The student accommodation market is maturing as universities and colleges look to the private sector to fulfill their accommodation needs. Subsequently, the sector has seen a rise in the number of high quality, purpose built residences, moving away from the stereotypical below par terraced housing and tired 1970s blocks. Currently 490,600 students source their accommodation through the private rented sector rather than through their universities, an increase of 154,500 since 2007.

Boutique student residences comprise of both high-tech , self contained studios and en-suite study rooms, which are centred around a shared living room and kitchen and are fully managed and maintained. They cater to the tastes and expectations of international and postgraduate students who generally pay more for their accommodation than the average UK student.

One Hockley is a brand new development just over half a mile from the campus of Nottingham Trent University. The project will comprise 72 high specification en-suite rooms and 59 self- contained studio apartments in a seven storey block with a retail unit on the ground floor.

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ONE HOCKLEY - NOTTINGHAM NG1 1FH “Overseas students have a high tendency to choose purpose-built accommodation in the UK, for a variety of reasons, including security, location and facilities. Specialist providers of accommodation are certainly in a position to help support the requirements of these students.”

Knight Frank Student Report 2012

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Three: Opportunity

HOCKLEY NOT TINGHAM ONE NG1 1FH Situated in the heart of the city of Nottingham, in the historic Lace Market zone, just over half a mile away from the Nottingham Trent University Campus, One Hockley is the ideal location for students.

A distinctive locality, the former 130 lace factories that once occupied the area have now been converted into shops, restaurants, cafes, bars, offices, apartments and also the city campus of New College Nottingham. Immediately opposite the development is the and Capital FM Arena with the Victoria Leisure Centre two adjacent streets away.

One Hockley will offer all the facilities of a modern student development in a prime city centre location including spacious, well equipped bedrooms, well designed and comfortable communal living areas, launderette, bicycle storage and an impressive entrance hall with front desk. The newest addition to the Nottingham market, One Hockley is set to be one of the most exclusive and desirable places for students to live and study.

CGIS ARE FOR INDICATIVE & GUIDANCE PURPOSES ONLY 09

ONE HOCKLEY - NOTTINGHAM NG1 1FH Four: City Life

The City of Nottingham A city with a rich history, vibrant nightlife, popular shopping scene and currently one of the fastest growing cities in the UK in terms of job creation.

Best known for its association with the legend of Robin Hood and Sherwood Forest, Nottingham’s lesser-known history saw it as a world leader in the manufacture of lace, tobacco and bicycles during the 1800s. Today, regarded as one of ’s eight ‘Core Cities’, the Nottingham Urban Area has a population of nearly 650,000 and is home to the headquarters of some of the UK’s largest companies including the popular pharmacy and chemist chain Boots, Experian, the energy Company E.ON, Imperial Tobacco and swimwear giant Speedo.

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Named as one of the top 10 city destinations in the world by publisher Dorling Kindersley in 2010

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Four: City Life

Located in the East Midlands Nottingham is well served by transport links including the M1 motorway, National Rail connections, its own regional airport and in the city itself a light rail tram system. Perfect for students, Nottingham’s public transport services were voted best in the country in 2010 by the Campaign For Better Transport who recognized the locality as the least car dependent city in England – with London the runner up.

Students make up 10 per cent of the population of Nottingham

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Directly opposite One Hockley is Nottingham has a proud sporting the Capital FM Arena, the East ethos. Go ice skating at the Midlands’ premier entertainment National Ice Centre, see a top level venue showcasing A-List names in tennis tournament at the City of music, comedy and sport. The 10,000 Nottingham Tennis Centre, or watch capacity arena is based within the international test cricket at Trent National Ice Centre complex, the Bridge Cricket Ground near the banks centre of excellence for ice sports in of the River Trent. Football fans can the UK. Also nearby is Gatecrasher enjoy matches at the City Ground, Nottingham, one of the UK’s most home of Nottingham Forest FC: or famous superclubs. Meadow Lane, where Notts County FC play.

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Five: Education Universities in Nottingham

1. The : 2. Nottingham Trent University:

• Established 1881 • Established 1992 • 34,076 students • 24,000 students • Part of Russell Group • City centre campus (Three in total) • Regarded as part of an unofficial ‘Ivy League’ of British • Nottingham Trent International College offers Universities pre-university courses to international students • Campuses in Malaysia (Semenyih Kuala Lumpur)and with guaranteed entry into Nottingham Trent China (Ningbo) established in 1999 and 2006 with 3,869 and 4,832 students respectively University • Ranked 9th in the UK by Shanghai Jiao Tong University • Three colleges, nine schools rankings in 2012 • Regarded as one of the top institutions in the • Ranked in the top 1% of universities in the world (#74) country for graduate employment (The Guardian), in the QS World University Rankings in 2009-10 it had the best employability record of • Runner up in the 2012 Sunday Times ‘University of the any university in England and Wales Year’ • Voted top post-1992 University in 2008 by • 25% of enrolled students are international The Complete University Guide • Posted a £37million surplus in 2011, partly due to • Commercial partnerships with over 6,000 increases in the number of international students companies globally attending (revenue from international fees increased by 8% in 2011) • Recent extensive expansion and regeneration of campuses and facilities completed • Five faculties including medical and veterinary school, the latter the first purpose-built vet school in the UK for • Home to the £13million Boots Library and Lee 50 years Westwood Sports Centre • International reputation for research, two Nobel prize • Partnered with Ching Yun University Tiawan winners in the last decade

“The embodiment of the modern international university”

The Sunday Times Good University Guide 2011, University of Nottingham

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ONE HOCKLEY - NOTTINGHAM NG1 1FH “One of only 5 British universities capable of privatisation and competing with the major universities in the US” Andrew Oswald, leading economist on the University of Nottingham

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Six: Location

Location

The Facts

• Situated in • Directly opposite the Capital FM arena • 0.6 miles to Nottingham Trent University • 0.7 miles to Nottingham Train Station • 0.9 miles to • 1.3 miles to The City Ground, Nottingham Forest FC Football Stadium • 2.5 miles to the University of Nottingham • Nottingham Trent University and Nottingham Train Station both within 10 minutes walk • City Centre restaurants, bars, shops and cafes on your doorstep within a 5 minute walk

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Nottingham City Centre

Entertainment NCCL Galleries Job Centre Friends Meeting House (E3) 58 Tram Stops Where doIfind? Albert Hall (G4) 8 of Justice Museum (J9) 24 (Parliament Street) (G5) 42 Islamic Centre (F9) 59 Lace Market (H8) B Broadway Media Centre (G9) 9 Nottingham Castle (K4) 25 Magistrates’ Court (L6) 43 Nottingham Buddhist Nottingham Information points Cornerhouse, The (G6) 10 Nottingham NHS Walk in Centre (K11) 44 Centre (H8) 60 Trent University (E5) E Shopping (I8) 11 Contemporary (J8) 26 Nottinghamshire St Andrew’s with (H6) C Centre (J7) 1 (H8) 12 Old Market Square (H6) 27 Archives (L6) 45 Castle Gate (URC) (F5)61 Royal Centre (G5) D NCT Travel Centre (H6) 2 (H4) 13 Robin Hood Statue (J5) 28 Police (F6) 46 St Barnabas Station Street (L8) A Nottingham Railway (F4) 14 Speakers’ Corner (H6) 29 Post Office (G6) 47 RC Cathedral (G3) 62 Station (L8) 3 Royal Centre (G6) 15 Victoria Clock Tower (E7) 30 Public Toilets St Mary’s Church (J9) 63 Car Parks P Nottingham Tourism - Royal Concert Hall Ye Olde Trip to (Greyhound Street) (H7) 48 St Nicholas’ Church (J6) 64 Arndale (K6) 1 Centre (H7) 4 - Theatre Royal Jerusalem (K5) 31 Trading Standards (E6) 49 St Peter’s (& St James’) Broadmarsh (K8) 2 (F7) 5 Sky Mirror (H3) 16 Victoria Leisure Centre (G11) 50 Church (I7) 65 Fletcher Gate (I8) 3 Trent FM Arena (H10) 17 Public offices, community YMCA (E7) 51 Synagogue (E5) 66 Huntingdon Street (E8) 4 Shopping centres and facilities Unitarian Chapel (I10) 67 Mount Street (H4) 5 Bridlesmith Gate (I7) Places of interest BBC East Midlands (K10) 32 Centres of Learning William Booth Nottingham Railway Broadmarsh Shopping and key attractions Central Library (H5) 33 Castle College (K6) 52 Memorial Hall (F9) 68 Station (M9) 6 Centre (J7) 1 Bonington Art Gallery (E5) 18 Citizens Advice Bureau (L7) 34 New College Queen’s Bridge Road (M7) 7 Clumber Street (G7) Brewhouse Yard Council House (H6) 35 Nottingham (H9) 53 Transport Points St James’s Street (I5) 8 Derby Road (G2) Museum (K5) 19 Crown & County Courts (K8) 36 The Nottingham Bus Stations Stoney Street (I9) 9 Exchange, The (H7) 6 Trent University (F5) 54 Brian Clough Statue (H6) 20 Fire Station (E6) 37 Broadmarsh (K7) 69 Talbot Street (F4) 10 FHMall (H7) 7 Castle Gatehouse (J5) 21 Guildhall (F6) 38 Victoria (E7) 70 Trinity Square (F7) 11 Hockley (H10) Castle Museum HMRC–Inland Revenue (M4) 39 Places of worship Upper Parliament Street (G5) 12 Lister Gate (J7) and Art Gallery (K4) 22 International Community Central Methodist Train Station Victoria Centre North (E7) 13 Victoria Centre (F7) 5 Centre (D6) 40 Mission (G8) 55 Victoria Centre South (F8) 14 (J8) 23 Nottingham Railway Job Centre Christian Centre (F2) 56 Wollaton Street (G5) 15 National Ice Centre (H10) 17 Station (L8) 3 (Canal Street) (K9) 41 Congregational Church (I6) 57

Scale: 0 50 100 metres  Key A 6 0 Walking distance: M NOR Nottingham Navigator One way streets A It will take approximately 5 minutes to walk this far N Information Point S HUNTING TH F Pedestrianised I E SHERWOOD L Nottingham Tourism D Centre Restricted vehicle R DON O Victoria access ADD A D ST Taxi ranks ST ISO zone Tram route and stops N Toilets S MANSFIELD RD TRE ET Coach drop TRE H S off points ET RT Disabled toilets FO N UL ROUGH T F O S

R SkyLink bus N Shopmobility

T T EE O TR H T S WOODBO EL H G E S UniLink 4 bus  P ROAD U IN Open space H N T D A CL E LM 40 T LL S R W A R I E A N N UniLink 34 bus Y W G W I Heli-pad V K T E ET D D

STRE O S R GILL T E O A N L O A Park & Ride Link 1 bus N N

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E T E T 70 D Royal 18 VICTORIA A 49 O BUS R D GOLDSM RD STATION N A S IO O zone HAK ION N E N R SPE U U T ARE 66 S L STR KS L E E ITH ET O R S L A E M W O D T C S 51 S S A T U 30 T L

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S N O C THE H Z T H T L NOTTINGHAM CHURCH R T 59  A CHAUCER STREET R S TRENT E S R G PE U A R E UNIVERSITY 46 D C 6 L R HUNT 10 N W A GOL A D Lace S ALF 61 O 5 W O T 54 S O O S RETON N ST H H VICTORIA K INGDO D O S DSMI C T SQ U I BA Market 56 R S ITY CENTRE S R T RD 38 RIN T H S E T T E S 68 TRE E E S T N ET TRE T T MIL N S TH T E zone T ST S O R K T B 14 THE D T L TON E R RE  S A609 ILK TA TALBOT ST ST CORNERHOUSE E A ESTON REE T T RD CANNING WOLLATON ST T W E RE ROYAL ST D N T ET 10 E CIRCUS CONCERT E

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R 42 K O G C 62 8 L E S STR E STR P S N OL P E T COLN K LIN T L U T O E T S T G ALBERT R H 9 S E T S T S EE 48 U E T O S HALL GREYHOUN R S T T R E R R B E 20 S 12 G CHAPEL STRE E T T E L E T T N L A E I BAR ON HEATHCOAT E L G N T T R ET D N WELLINGTON OW 29 D E ANGEL WE D E G 16 ST G ROW GOOSE GATE HOCKLEY D CIRCUS 33 ROW LON R STR PELHAM 13 LONG ROW THY ROW HIG STREE LL NOTTINGHAM SMI T N ST E P PLAYHOUSE EE TO L MAI H L ONEW COUNCIL 4 R A CA O H OLD 6 T 27 HOUSE ANE B W T R R 35 ST OLPACK L U MARKET O E

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Seven: Why Invest Why Invest in Student Property?

• Greater rental yield than standard residential investment • Guaranteed rental yields (in certain schemes) • Strong annual income and capital appreciation • Greater flexibility of investment with smaller units • More diversified investment • Hassle free – fully furnished and managed • Secured deposits • Supply shortage • Driven by extremely high occupancy rates • Proven investment model with strong growth even through recession • No VAT or Stamp duty to pay on acquisition • No council tax to pay

In Janurary 2012 The Times ranked student accomodation as the top asset class in the UK’s property market

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Figure 1 Student demand for university places exceeds supply All applicants vs accepted applicants, 2001 - 2010

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Surplus demand Accepted applicants

Source: UCAS

Ranked yield tables – Total returns comparisons 2011 chart Landlords’ top 10 Past returns from Student Accommodation

1 Students Average studio rent: £178

2 Young singles Average en-suite rent for 2010/11: £112

3 Retired Average rental change 2% year to December 2010): White collar or professional 4 workers Average capital value charge year to 7% 5 Executive/company lets December 2010): Local Housing Allowance 6 Rental yield (December 2010): 6% claimants 7 Older couples Total Annual Return 2010: 13%

8 Families with children Total Annual Return 2011: 11.5%

9 Young couples Forecast Annual Return 2012: 12%

10 Blue collar/manual workers Source: Knight Frank Student Housing Report Source: Paragon Mortgages

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Eight: Expert Opinion

What the Experts Say Knight Frank – Student Property Report 2012

• Student property has performed • Average rents for apartments and en-suite exceptionally well as an asset class rooms in the regions rose by 4% and total compared to traditional investments over returns are at 10.5%. the last year. In fact, it has outperformed • There is still an acute undersupply of every other commercial property class and student accommodation in every core delivered consistent returns throughout the market in the UK. economic downturn. • We forecast that rental growth will continue • The winners from the new tuition fees next year, showing 5% like-for-like growth regime will be the most prestigious in London and the regions – closer to universities amid a “flight to quality” as the longer-term trend growth after a students search for the very best course particularly strong year. We anticipate that available for their fees. total returns will exceed 12%. • Overseas students will remain largely unaffected despite this turbulence in the UK higher education sector because they already pay tuition fees.

Student property has performed exceptionally well as an asset class compared to traditional investments over the last year. In fact, it has outperformed every other commercial property class and delivered consistent returns throughout the economic downturn, argues Knight Frank’s Head of Student Property James Pullan.

Knight Frank Student Report 2012

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Savills – Spotlight on Student Housing Summer 2012

• Student housing may be considered a • The prospects for additional demand to maturing sector but it has performed well UK institutions from overseas students over the last five years, showing average are good, at a time when global student annual total returns outperforming many mobility is increasing, together with a commercial property asset classes. doubling of higher education students to 262 million by 2025, provided UK • Not surprisingly, demand from investors immigration policy allows for this growth. for high quality stock in safe locations has been increasing in the light of this • Supply growth is severely constrained performance along with the number of despite a relatively healthy flow of equity investors looking for sound, long development activity during the downturn term income streams. in prime locations. • In the longer term, we see prospects for • The market will remain undersupplied at increased investor demand with investment current levels in relation to both the growth yields moving in for long dated income in student numbers and latent demand streams. Meanwhile, the demand-supply from students currently housed outside the imbalance in the sector should ensure sector, as banks disappear from the debt rental growth. and development markets.

“The student accommodation sector is expected to see investment flows of over £2billion in 2012, inclusive of the £600million already traded to the end of April 2012”

Savills Spotlight on Student Property Summer 2012

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Nine: Rising Demand Rising Demand

THE UK STUDENT MARKET

With two of England’s Where to invest in the UK largest universities, the TOP 20 INVESTMENT LOCATIONS city of Nottingham is an (Listed Alphabetically) investor stronghold bolstered Bath

Birmingham by the quality of tuition, Bournemouth

Brighton international student Bristol St Andr ews Cambridge presence and overall volume Edinbur gh Canterbury of students resident in the Glasgow Cardiff

Durham city; accounting for 10 Newcastle upon Tyne Number of students Edinburgh Durham Under 10,000 Exeter per cent of Nottingham’s Glasgow 10,000 - 20,000 York population. Kingston 20,000 - 50,000 Manchest er London

50,000 - 100,000 Manchester The city saw a 20 per cent growth in Newcastle student numbers between 2004-2010 Nottingham 100,000 - 250,000 Nottingham fuelling demand for further development. Oxford 250,000+ Birmingham Figures assembled by Knight Frank in Cambridge St Andrews 2011 showed that the two universities Oxford York provided only 22.9% of bed spaces Bristol London Cardi Kingsto n with the remainder falling on the private Canterbur y sector to provide. Bath Brighton Exeter Bournemouth Furthermore, in their student sector report published in 2012 the agency identified Nottingham as one of 20 UK university towns and cities to invest Source: Knight Frank Residential Research in, based on supply side factors and educational institution reputation. Ranking based on supply of student property, number of Likewise Savills this year singled out the university places and quality of university University of Nottingham as a strong investor prospect based on the number of undergraduate applications through UCAS. “The picture for student accommodation in the regions is also robust…One notable feature of the regional market over the last year has been the rise in the number of post-graduate units which have been released into the market, illustrating the emphasis that developers are placing on quality and premium ranges. Average rents for apartments and en-suite rooms in the regions rose by 4% and total returns are at 10.5%”

Knight Frank Student Property 2012 22

ONE HOCKLEY - NOTTINGHAM NG1 1FH Strength of Universities and Institutions based on UCAS undergraduate applications

Size of dot = total 2012 applications ● Scottish Institutions ● English, Welsh and Northern Irish institutions

Edge Hill 105% University

Heriot-Watt University, Edinburgh

Lancaster University 90% Increasing The University of Stirling demand 75%

University of Dundee ave rag e

60% Durham University University

yea r Robert Gordon University - of Glasgow

ous 3 Glasgow Caledonian University

i University of the

v West of Scotland e

r 45%

P University of Coventry University s The University of Edinburgh St Andrews

University of Reading University of the Arts, London ti ons v 30% Queen Mary, Newcastle ic a University of University of Oxford Brookes University University University University of London Hertfordshire pp l College London Westminster

A Edinburgh Napier University

York St John University Middlesex University 15% The University City University The University of Nottingham University of Warwick of Essex 2 Ove rs ea s University of Bristol University of Greenwich 20 1 0% University of Bradford London School of London Anglia Ruskin Economics and Metropolitan The University London South Bank University University of University Political Science University Loughborough of Birmingham Wolverhampton The University of Hull University of Ulster -15% University University of Chester Leeds Metropolitan University Decreasing Liverpool John Moores University -30% demand -30% -15% 0% 15% 30% 45%

2012 domestic applications vs previous 3 year average

Graph source: The Universities and Colleges Admissions Service (UCAS)

Nottingham University showing increased demand from both domestic and overseas applications

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Ten: Investment Summary

Investment Summary En-Suite Cluster Bedrooms

Guaranteed 7.5% Net yield for the first 2 years

Purchase Price £46,240 Weekly Rent £122 Weeks Rented p.a 44 Gross Annual Rental Income £5,368 Gross Rental Yield 11.6% Management and Service Charges £1,400 Ground Rent £500 Total Expenses £1,900 Net Annual Rental Income £3,468 Net Rental Yield 7.5%

RETURN ON INVESTMENT

3% Growth - 5% Growth – 7% Growth - 5 Year Forecast Conservative Expected* Buoyant Purchase Price £46,240 £46,240 £46,240 Gross Rental Income - Year 5 £6,223 £6,851 £7,529 Expenses £1,900 £1,900 £1,900 Net Rental Income - Year 5 £4,323 £4,951 £5,629 Value of Property (7.5 Net Yield) £57,640 £66,014 £75,052 Net Profit (Capital Growth plus Rental Income) £29,812 £38,937 £48,756 Return on Investment 64% 84% 105%

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Studio Apartments

Guaranteed 7.5% Net yield for the first 2 years

Purchase Price £63,865 Weekly Rent £140 Weeks Rented p.a 51 Gross Annual Rental Income £7,140 Gross Rental Yield 11.2% Management and Service Charges £1,700 Ground Rent £650 Total Expenses £2,350 Net Annual Rental Income £4,790 Net Rental Yield 7.5%

RETURN ON INVESTMENT

3% Growth - 5% Growth – 7% Growth - 5 Year Forecast Conservative Expected* Buoyant Purchase Price £63,865 £63,865 £63,865 Gross Rental Income - Year 5 £8,277 £9,113 £10,014 Expenses £2,350 £2,350 £2,350 Net Rental Income - Year 5 £5,927 £6,763 £7,664 Value of Property (7.5 Net Yield) £79,027 £90,166 £102,187 Net Profit (Capital Growth plus Rental Income) £40,593 £52,769 £65,868 Return on Investment 64% 83% 103%

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Eleven: Specification

Specification

What's in an apartment... All kitchens are fully fitted and contain... • Double or 3/4 bed with under bed storage • Fridge and freezer • Each bedroom has an en-suite bathroom • Cooker with extraction fan • Electric towel radiators • Microwave • Broadband connection to every bedroom* • Dishwasher • Study desk with cupboard • A vacuum cleaner for each apartment • Fitted carpet and curtains Other: • Fitted wardrobes • Large laundry facilities with tumble dryers • Convector radiators • CCTV and security phone entry system • Book shelves and pinboard Lease: • Bedside wall light • 999 year lease • All apartment lounges are provided with a 42 inch colour TV in clusters - Licence fee pre paid.

* High Speed Broadband High Speed access to the Internet will be available from every room, allowing students to study more effectively, keep in touch with family and friends and up to date with all that is happening in the world.

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ONE HOCKLEY - NOTTINGHAM NG1 1FH CGI’S ARE FOR INDICATIVE & GUIDANCE PURPOSES ONLY 27

ONE HOCKLEY - NOTTINGHAM NG1 1FH Twelve: Floorplans

Floorplans

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ONE HOCKLEY - NOTTINGHAM NG1 1FH CGI’S ARE FOR INDICATIVE & GUIDANCE PURPOSES ONLY

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Twelve: Floorplans

Lower Ground Floor

CIRCULATION

10.7 m2

1 2 3 4 5

1 x 160 = 1,7606 1 7 8 9 10

PLANT ROOM

159.8 m2 RETAIL UNIT 1 SUBSTATION

24.0 m2 16.9 m2 1 2 3 4 5 6 1 x 160 = 1,760 1 7 8 9 10

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Lower ground floor plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)01

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted -1. Lower ground 1:100 The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited

Floor plans are approximate only and are not to scale. Exact layouts and sizes of the units may vary.

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ONE HOCKLEY - NOTTINGHAM NG1 1FH Ground Floor

UP

UP

1 2 3 4 5

1 x 160 = 1,7606 1 7 8 9 10

1 2 3 4 5 6 1 x 160 = 1,760 1 7 8 9 10 LAUNDERETTE

W 8.3 m2

W

W

W

ACCESS WC

5.1 m2

17 18 19 20 21 22 23 24 16 25 15 14 13 RETAIL UNIT 1 12

11 10 9 8 7 6 CIRCULATION 378.6 m2 5 4 3 77.3 m2 25 x 180 = 4,500 2 1

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Ground floor plan

Also at Derby and Leicester

Revision C - 15.05.12 - Revised refuse collection maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)02 Rev B - 08.05.12 - Rear accommodation over external courtyard deleted. Pavement updated crossing. do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted Rev A - 27.04.12 - Existing "Loading Only" parking bay for delivery vehicles noted. The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited

Floor plans are approximate only and are not to scale. Exact layouts and sizes of the units may vary.

31

ONE HOCKLEY - NOTTINGHAM NG1 1FH Twelve: Floorplans

First Floor

KITCHEN A 20.1 m2

BED A.02 13.1 m2

BED A.03 13.1 m2 CIRC. A 10.9 m2 BED A.04 BED 13.1 m2 A.01 13.1 m2

A

BED CLUSTER A.05 13.1 m2 STUDIO S1.02 19.5 m2

BED A.06 13.1 m2

STUDIO S1.01 19.5 m2 STUDIO S1.03 19.5 m2

17 18 9 19 CIRCULATION 10 20 1 1 21 12 22 13 8 25 x 180 = 4,500 23 14 24 STUDIO 15 16 25 55.6 m2 16 15 S1.04 14 19.5 m2 13 12 17 x 168 = 2,850 11

10 7 6 9 5 4 8 3 2 7 1 6

STUDIO C1.06 20.1 m2 STUDIO (ACCESS) S1.05 24.7 m2

STUDIO BED S1.07 B.01 19.7 m2 13.2 m2 BED B.02 13.1 m2 BED STUDIO B.03 S1.08 15.0 m2 20.0 m2

STUDIO CIRC. S1.09 B CLUSTER B 18.4 m2 9.5 m2

STUDIO S1.10 18.4 m2

BED BED KITCHEN B.05 B.04 B 13.2 m2 13.9 m2 23.0 m2

1. First Floor 1:100 Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

Floor plans are approximate only and are not to scale. Exact St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed First Floor plan

Also at Derby and Leicester layouts and sizes of the units may vary. maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)03

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited

32

ONE HOCKLEY - NOTTINGHAM NG1 1FH Second Floor

KITCHEN A 20.1 m2

BED C.02 13.1 m2

BED C.03 13.1 m2 CIRC. C 10.9 m2 BED C.04 BED 13.1 m2 C.01 13.1 m2

BED CLUSTER C C.05 13.1 m2 STUDIO S2.02 19.5 m2

BED C.06 13.1 m2

STUDIO S2.01 19.5 m2 STUDIO S2.03 19.5 m2

CIRCULATION 9

10 1 1 12 8 13 55.6 m2 14 STUDIO 15 16 S2.04 19.5 m2

17 x 168 = 2,850

7 6 5 4 3 2 1

STUDIO S2.06 20.1 m2 STUDIO (ACCESS) S2.05 24.7 m2

STUDIO BED S2.07 D.01 19.7 m2 13.2 m2 BED D.02 13.1 m2 BED STUDIO D.03 S2.08 15.0 m2 20.0 m2

STUDIO CIRC. S2.09 D CLUSTER D 18.4 m2 9.5 m2

STUDIO S2.10 18.4 m2

BED BED KITCHEN D.05 D.04 D 13.2 m2 13.9 m2 23.0 m2

Post Planning architecture / interiors / landscape project: Student accommodation and retail 2. Second Floor 1:100 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Floor plans are approximate only and are not to scale. Exact Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Second Floor plan Also at Derby and Leicester layouts and sizes of the units may vary. maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)04 do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited

33

ONE HOCKLEY - NOTTINGHAM NG1 1FH Twelve: Floorplans

Third Floor

KITCHEN E 20.1 m2

BED E.02 13.1 m2

BED E.03 13.1 m2 CIRC. E 10.9 m2 BED E.04 BED 13.1 m2 E.01 13.1 m2

BED CLUSTER E E.05 13.1 m2 STUDIO S3.02 19.5 m2

BED E.06 13.1 m2

STUDIO S3.01 19.5 m2 5,044 STUDIO S3.03 19.5 m2

CIRCULATION 9

10 1 1 12 8 13 55.6 m2 14 STUDIO 15 16 S3.04 19.5 m2

17 x 168 = 2,850

7 6 5 4 3 2 1

STUDIO S3.06 20.1 m2 STUDIO (ACCESS) S3.05 24.7 m2

STUDIO BED S3.07 F.01 19.7 m2 13.2 m2 BED F.02 13.1 m2 BED STUDIO F.03 S3.08 15.0 m2 20.0 m2

STUDIO CIRC. S3.09 F CLUSTER F 18.4 m2 9.5 m2

STUDIO S3.10 18.4 m2

BED BED KITCHEN F.05 F.04 F 13.2 m2 13.9 m2 23.0 m2 Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Third Floor plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)05

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted 3. Third Floor 1:100 The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited Floor plans are approximate only and are not to scale. Exact layouts and sizes of the units may vary.

34

ONE HOCKLEY - NOTTINGHAM NG1 1FH Fourth Floor

KITCHEN G 20.1 m2

BED G.02 13.1 m2

BED G.03 13.1 m2 CIRC. G 10.9 m2 BED G.04 BED 13.1 m2 G.01 13.1 m2

BED CLUSTER G G.05 13.1 m2 STUDIO S4.02 19.5 m2

BED G.06 13.1 m2

STUDIO S4.01 19.5 m2 STUDIO S4.03 19.5 m2

CIRCULATION 9

10 1 1 12 8 13 55.6 m2 14 STUDIO 15 16 S4.04 19.5 m2

17 x 168 = 2,850

7 6 5 4 3 2 1

STUDIO S4.06 20.1 m2 STUDIO (ACCESS) S4.05 24.7 m2

STUDIO BED S4.07 H.01 19.7 m2 13.2 m2 BED H.02 13.1 m2 BED STUDIO H.03 S4.08 15.0 m2 20.0 m2

STUDIO CIRC. S4.09 H CLUSTER H 18.4 m2 9.5 m2

STUDIO S4.10 18.4 m2

BED BED KITCHEN H.05 H.04 H 13.2 m2 13.9 m2 23.0 m2

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Fourth Floor plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)06

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted 4. Fourth Floor 1:100 The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited Floor plans are approximate only and are not to scale. Exact layouts and sizes of the units may vary.

35

ONE HOCKLEY - NOTTINGHAM NG1 1FH Twelve: Floorplans

Fifth Floor

KITCHEN J 20.1 m2

BED J.02 13.1 m2

BED J.03 13.1 m2 CIRC. J 10.9 m2 BED J.04 BED 13.1 m2 J.01 13.1 m2

BED J.05 CLUSTER J 13.1 m2

STUDIO S5.02 19.5 m2

BED J.06 13.1 m2

STUDIO S5.01 19.5 m2 STUDIO S5.03 19.5 m2

CIRCULATION

9 50.1 m2 10 1 1 12 8 13 14 15 STUDIO 16 S5.04 19.5 m2

17 x 168 = 2,850

7 6 5 4 3 2 1

STUDIO STUDIO (ACCESS) S5.06 S5.05 20.0 m2 22.1 m2

BED K.01 13.2 m2

BED STUDIO K.02 S5.07 13.1 m2 20.0 m2 BED K.03 14.5 m2

CIRC. K 9.3 m2 CLUSTER K BED K.05 13.3 m2

KITCHEN K BED 19.7 m2 K.04 13.0 m2

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Fifth Floor Plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)07

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted 5. Fifth Floor 1:100 The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited Floor plans are approximate only and are not to scale. Exact layouts and sizes of the units may vary.

36

ONE HOCKLEY - NOTTINGHAM NG1 1FH Sixth Floor

KITCHEN L 20.1 m2

BED L.02 13.1 m2

BED L.03 13.1 m2 CIRC. L 10.9 m2 BED L.04 BED 13.1 m2 L.01 13.1 m2

BED L.05 CLUSTER L 13.1 m2

STUDIO S6.02 19.5 m2

BED L.06 13.1 m2

STUDIO S6.01 19.5 m2 STUDIO S6.03 19.5 m2

CIRCULATION

9 50.1 m2 10 1 1 12 8 13 14 STUDIO 15 16 S6.04 19.5 m2

17 x 168 = 2,850

7 6 5 4 3 2 1

STUDIO (ACCESS) S6.05 22.1 m2 STUDIO S6.06 20.0 m2

BED M.01 13.2 m2

BED STUDIO M.02 S6.07 13.1 m2 20.0 m2 BED M.03 14.5 m2

CIRC. M 9.3 m2 CLUSTER M BED M.05 13.3 m2

KITCHEN M BED 19.7 m2 M.04 13.0 m2

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Sixth Floor Plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)08

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted 6. Floor plans are approximate only and are not to scale. Exact Sixth Floor 1:100 The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited layouts and sizes of the units may vary.

37

ONE HOCKLEY - NOTTINGHAM NG1 1FH Twelve: Floorplans

Seventh Floor

KITCHEN N 20.1 m2

BED N.02 13.1 m2

BED N.03 13.1 m2 CIRC. N 10.9 m2 BED N.04 BED 13.1 m2 N.01 13.1 m2

BED N.05 CLUSTER N 13.1 m2

STUDIO S7.02 19.5 m2

BED N.06 13.1 m2

STUDIO S7.01 19.5 m2

STUDIO S7.03 19.4 m2

CIRCULATION

41.6 m2

9

10 1 1 12 8 13 14 STUDIO 15 16 S7.04 19.5 m2

17 x 168 = 2,850

7 6 5 4 3 2 1

STUDIO S7.05 17.2 m2

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Seventh Floor Plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)09

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted 7. Seventh Floor 1:100 The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited Floor plans are approximate only and are not to scale. Exact layouts and sizes of the units may vary.

38

ONE HOCKLEY - NOTTINGHAM NG1 1FH Roof Floor

9

10 1 1 12 8 13 14 15 16

17 x 0.168 = 2.

7 850 6 5 CIRCULATION 4 3 2 1 13.273 m2

N

0 1 2 3 4 5

Post Planning architecture / interiors / landscape project: Student accommodation and retail 1 Hockley, Nottingham

St. Mary's Hall • 17 Barker Gate • The Lace Market • Nottingham • NG1 1JU Tel +44 (0)115 941 5555 • Fax • +44 (0)115 950 0995 • Email • [email protected] drawing: Proposed Roof Plan

Also at Derby and Leicester maber.co.uk scale: 1:100 @A1 date: dwg. no. 2094(20)10

do not scale from this drawing• dimensions and levels to be checked on site by the contractor• all dimensions in millimetres unless otherwise noted • all levels in metres unless otherwise noted The title, copyright and confidential information in this document belongs to Maber Associates Limited. Copyright 2010. All rights reserved. You may not reproduce this document or disclose it to others without the consent of Maber Associates Limited 8. Floor plans are approximate only and are not to scale. Exact Roof Plan 1:100 layouts and sizes of the units may vary.

39

ONE HOCKLEY - NOTTINGHAM NG1 1FH Thirteen: Management The Management

Alpha Student’s team brings vast experience and innovative solutions to the student and residential sectors.

First Class Standards - Alpha Student’s commitment to high standards, effective What they financial management and management control means stand for that each facility will have all of the features expected from a modern student accommodation residence Understanding that basic facilities including: management is not adequate, Alpha Student goes beyond this in order to add value and maximise returns. Keyfob secure entry system Along with a support team at head office, 24 hr security & on-site management team each scheme has an on-site facilities management team to manage both the needs of the building and the students on CCTV Operation a day to day basis. Fully furnished contemporary accommodation Offering a comprehensive management package, this includes: Communal lounges with modern fitted kitchens & flat screen TVs

• Full tenancy management High-speed broadband

• Full facilities management including Laundry facilities cleaning and maintenance, waste management and recycling and technical Bike Storage support On-line account access for students • Experienced team creating excellent relationships with the students and suppliers minimising the likelihood of non- payment or interruption to key supplies or services.

• Scheduling of social events such as international nights, film nights and pub “...vast experience and quizzes. innovative solutions...” 40

ONE HOCKLEY - NOTTINGHAM NG1 1FH Fourteen: The Developer

The Developer With a keen eye for One Hockley is being developed by Alpha Student detail and extensive (Nottingham), a joint venture partnership between Alpha Student, Urban Study and Union Hanover knowledge of the property sector With a keen eye for detail and extensive knowledge of the property sector Urban Study focus on providing high quality Urban Study focus investment opportunities geared to maximise investor returns. on providing high quality investment UrbanStudy is a new niche development and investment company that specializes in delivering innovative, functional, design-led buildings uniquely to the student sector. The opportunities geared team at Urban Study have over 20 years of experience in the property investment industry with senior management previously holding board level positions at some of the UK’s to maximise investor most prestigious organisations including Hamptons International. returns. Union Hanover Securities (UHS) is a boutique UK property development company. UHS’s focus is student housing, hospitality and residential development. The management team at UHS have over 10 years industry experience gained working with major development and professional service companies within the UK property sector including Jones Lang LaSalle Hotels, Gerard Nolan & Partners, King Studge LLP and Galliard Homes.

Senior members of the team were pioneers in the UK “unitised” industry and have been involved in some of the UK’s most prominent unitised development schemes including the Park Plaza Hotel at Westminster Bridge which consists of over 1,000 hotel units and is the UK’s largest and most successful example in this sector.

UHS is currently co-developing a 116 unit student accommodation scheme with retail premises in Glasgow and a 244 bed luxury hostel in Liverpool.

41

ONE HOCKLEY - NOTTINGHAM NG1 1FH Fifteen: Purchase Process Purchase Process

Simple 6 Step Process In More Detail

Once you have selected your unit you will have to complete a reservation 1 4 form and return this duly signed to Return signed reservation Welcome pack sent out from your sales representative along with form, copy of passport and developer following exchange a copy of your passport and pay an pay reservation fee of £2,000 of contracts initial £2,000 reservation fee. which is deducted from the purchase price On paying your deposit the developer’s lawyer will send your lawyer a contract pack and they will in turn forward this to you along with their legal report on the property.

Sign and return the contract and make the first installment payment 2 5 of 50% of the purchase price (less the £2,000 reservation fee already Solicitors are instructed and Regular newsletters sent paid) directly to your lawyer who will contracts issued out during the construction period then proceed to exchange contracts. This must take place within 14 days of placing your reservation.

After you have exchanged contracts the developer will write to you with an introduction letter explaining 3 6 their services in detail. Exchange of contracts within Completion of building and The balance of the purchase price 14 days of reservation and final installment of 50% of will be payable on legal completion pay a deposit of 50% of the purchase price due of the property upon which you will the purchase price, less the take possession and the managing £2,000 reservation fee agent will begin the process of letting your unit.

42

ONE HOCKLEY - NOTTINGHAM NG1 1FH Sixteen: Money Transfer Money Transfer

SAVINGS TO BE MADE

First Rate FX is an advantageous choice for facilitating and gaining you the best rate of exchange when transferring your funds for your purchase.

Established in 2005 in Canary Wharf, London, First Rate FX offers fast, simple and secure foreign exchange transactions at rates which are more competitive than the offerings of the High Street Banks.

• First Rate FX are authorised by the Financial Services Authority (FSA) under the Payment Services Regulations 2009 and are a registered Money Services Business with HM Revenue & Customs.

• First Rate FX Limited holds a Professional Indemnity and Crime Insurance policy underwritten by Lloyds of London. This policy insures every transaction up to the value of £1million.

• Client funds are securely held in segregated accounts with Barclays Bank.

• Both individuals and companies can benefit from a bespoke service without commission or transfer fees, which alongside the competitive rates offered, can result in substantial savings. More • A specialized first rate representative can guide you through the process to ensure competitive you make the maximum saving on your than high street transaction. bank offerings 43

ONE HOCKLEY - NOTTINGHAM NG1 1FH Seventeen: FAQ’s FAQ’S

Q. Is the building completed? Q. Are there any other facilities? A. No, One Hockley is a new development that is A. Each cluster apartment has a communal kitchen, scheduled to be completed in July 2014 in time for lounge and dining area along with laundry facilities the start of the academic year in September 2014. and bicycle storage for the use of residents.

Q. Am I buying freehold or leasehold? Q. Is there a rental guarantee? A. 999 year leasehold. A. Yes, for the first two years a net income of 7.5% per annum is guaranteed.

Q. Are there any restrictions if I want to sell? Q. When is my rental income paid? A. No you are free to sell to anybody and at any time. A. All rental income is paid each term in arrears.

Q. Who manages my investment? Q. What does the management and service A. The building will be fully managed by Alpha charge include? Student, a complete and comprehensive management service. There will be no involvement in A. The service charge includes the cleaning of the the ongoing management required by the property main building, communal areas and exterior, building owners. insurance, utilities for the main building, dealing with and servicing tenants, ongoing management of the building, testing fire alarms and facilities, Q. Will I get a title deed? maintenance, Sky or Virgin TV, WiFi, letting, A. Yes, the property will be registered in the UK with referencing and signing up tenants, 24 hour CCTV the Land Registry in exactly the same way as a house security, collecting and disbursing rental income and or apartment, giving owners all the benefits of this dealing with health and safety issues. legal protection. Q. How much will my legal costs be? Q. Will I need a lawyer? A. The legal fees have been estimated by Scott A. Yes, as with any other property purchase a UK Fowler, the recommended purchaser lawyers at lawyer will act for you in conjunction with the £1,600. This is a one off costs and includes their purchase and deal with the solicitors acting for professional fees and all additional disbursements the developer ensuring all legal due diligence is such as land registry fees. carried out.

Q. Is the price inclusive of furniture? A. Yes, each room includes a high quality bed, storage, wardrobe, drawers, desk , work chair, book shelves, carpets and curtains.

44

ONE HOCKLEY - NOTTINGHAM NG1 1FH Eighteen: The Team The Team

Developer & Managing Agent Recommended Lawyers Alpha Student The solicitors recommended to act for purchasers are Scott Fowler. Established in 1968 they have extensive The Warehouse expertise in conveyancing and pride themselves on 7 James Street South providing an efficient, energetic and friendly service Belfast, BT2 8DN to all of their clients. United Kingdom

Scott Fowler Solicitors Tel: +44 2890 24 44 74 Old Church Chambers 23/24 Sandhill Road St James Architect & Design Team Northampton Halliday Ramsey NN5 5LH 14-16 Shore Road Holywood, Tel: +44 1604 750 506 BT18 9HX Fax: +44 1604 750 385

Tel: +44 2890 42 17 20 Email: [email protected] Email: [email protected] Web: www.scott-fowler.co.uk

Developers Lawyers Howard Kennedy Harcourt House, 19 Cavendish Square, London, W1A 2AW

45

ONE HOCKLEY - NOTTINGHAM NG1 1FH HOCKLEY NOT TINGHAM ONE NG1 1FH Part of the Alpha Student Collection

The information contained in the brochure is for guidance only. One Hockley the name is for marketing purposes only and may change once a permanent address has been authorised. UrbanStay and Shalis (Nottingham) Limited operates a policy of continuous product development and features may, therefore, vary from time to time. It should be noted that the representations of One Hockley whilst similar to the development, may not necessarily be accurate in every respect. All images are for indicative purposes only. These particulars should not be relied upon as accurately describing any of the specific matters described by any order under the Property Misdescriptions Act 1991. This information does not constitute a contract, part of a contract or warranty. All details correct as above at time of going to press. Designed by Seer-Media.com