Invest in City Road
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INVEST IN CITY ROAD Located just eight minutes’ walk from Old Street, City Road is a landmark development designed by world renowned architects Foster + Partners. Offering an annual house price growth increase of 19%* within the next 5 years, this mixed-use development has strong capital growth potential for investors. *Source: CBRE Computer generated images of City Road are indicativeonly. INTRODUCING CITY ROAD • 36 Storey landmark tower designed by world • Luxurious 20 metre pool and spa with famous architects Foster + Partners Jacuzzi, sauna and steam room • Interiors by world renowned designer • Incredible residents 7th floor rooftop terrace Darling Associates • 24 hour concierge facilities • Within walking distance of the City of • Grade A office and studio space set over 3 London’s Financial district and the vibrant floors nightlife of Shoreditch • Design led 190 room 4* nhow hotel with bar • 2 acres of beautifully landscaped wi-fi enabled public space and embedded arts • 1500 cycle spaces • Residents’ only gym & lounge CARRARA TOWER VALENCIA TOWER AURORA LOCAL AREA Close to the Square Mile 4-STAR HOTEL yet maintaining a unique reputation for nightlife and attractive traditional housing, Islington has always been a popular choice for young professionals and families as well as city workers. When Elixabeth Line opens in 2019, TRAVEL TIMES FROM trains will stop at Farringdon, FARRINGDON STATION making Islington even better CROSSRAIL connected to the rest CURRENT MINS 3 MINS of London. MINS 39 HR 48 MINS 1 31 MINS 35 MINS MINS 24 24 MINS MINS 21 21 MINS MINS 8 8 MINS MINS 5 4 MINS 2 TOTTENHAM WHITECHAPEL BOND PADDINGTON CANARY HEATHROW HEATHROW COURT ROAD STREET WHARF T2 & T3 T4 Source: London Underground - tfl.gov.uk Crossrail - www.crossrail.co.uk/route WHY INVEST IN ISLINGTON BY CBRE? 33% 11% 19% 23% House price growth Rental value growth House price growth Rental value growth 5 over last 5 years over last 5 years 5 year forecast year forecast Source:CBRE 13 3 Under/Overground Railway stations stations 12 ‘Outstanding’ 435 Restaurants 1,320 shops 5.6% share of London primary schools and cafés office space PROPERTY SUMMARY PAYMENT BREAKDOWN Property Price £1,287,500 Property Price £1,287,500 Est. Completion Q2/Q3 2023 Reservation Fee £5,000 Lease 999 Years 10% on Exchange of Contracts (21 days after reservation less the reservation fee) £123,750 Ground Rent £600 PA A further 10% advanced instalment is payable 12 months after exchange £128,750 A further 5% advanced instalment is payable 24 months after exchange £64,375 Estimated Service Charge £ 5,695 Balance of 75% is Payable upon completion £965,625 2 BED APARTMENT APART M E N T NUMBER LEVEL PURCHASE PRICE 13.07 13 £1,287,500 FLOORPLAN This stunning 13th floor two bedroom two bathroom apartment sits in the landmark development City Road by Berkeley Homes. Ample space to enjoy comfortable living areas and entertaining guests. Light will flood this apartment through floor to ceiling windows, whilst enjoying the views overlooking Central London and the City. Show apartment 33.04 Click here for a virtual tour KEY Depicts Measurement Points C Cloak/Storage U Utility Cupboard * Opening window. Floorplans shown for City Road are for approximate measurements only. Exact layouts and sizes may vary. All measurements may vary within a tolerance of 5%. The dimensions are not intended to be used for carpet sizes, appliance sizes or items of furniture. Subject to Planning. LOCAL AREA Original and accessible at City Road Visit Victoria Miro, showing the work of you really are at the heart of established and emerging artists from the USA, Europe and Asia everything London has to offer. With the delights of Upper Street or Cultural arts amenities nearby include the Silicon Roundabout a ten minute Wesley’s Chapel, House and Museum of Methodism, Sadler’s Wells and the Old walk away, you are perfectly placed Red Lion Theatre for work or play. Workplaces in the City and Central London Situated on the edge of Shoreditch, City are just short walk away, City Road connects Road offers endless activity on your Tech City with the cultural attractions of doorstep. Within a ten minute walk you can Islington and the city beyond. discover hidden bars, unique coffee shops and a flurry of restaurants. With a vibrant arts scene and big-name ‘Islington Clubs’, Angel and Upper Street Regent’s Canal runs parallel to the road, is guaranteed to offer a daytrip or big night offering the chance for a leisurely stroll past out that gets your vote. the coffee shops, bars, pubs and places of interest that line the route. EDUCATION CONTACT US: Please call our sales advisors for further information or to arrange an appointment to discuss details further on 020 3040 6250 or Email: [email protected] Opening hours: 10am - 6pm Monday - Saturday, 10am – 4pm Sundays D ISCLAIMER 250 City Road Landscape Please be aware that these details are intended to give a general indication of properties available and should be used as a guide only. The company reserves the right to alter these details at any time. The contents herein shall not form any part of any contract or be a representation including such contract. These properties are offered subject to availability. Applicants are advised to contact the sales office or the appointed agents to ascertain the availability of any particular type of property so as to avoid a fruitless journey. The property areas are provided as gross internal areas undr the RICS measuring practice 6th editionrecommendation. Computer generated images of 250 City Road are indicative only. Lifestyle images are indicative only. 250 City Road Penthouse Collection Located between Old Street and Angel underground stations, 250 City Road is a landmark development designed by world renowned Architects Foster + Partners. These spectacular apartments and penthouses offer stunning City views as well as a host of residents’ facilities including a gym and terrace, luxurious 20-metre swimming pool and spa; concierge facilities and residents’ lounge. Two acres of landscaping at the heart of the scheme plays host to cafes, restaurants, retail outlets, workspaces and a 4* hotel. Valencia Tower Unit Balcony/ Total Apt No. Floor Beds Aspect / Views Towards Asking Price Area Terrace Area 2 Bedroom Penthouse Suites Panoramic views towards the City 34.01 1,615 Sqft 387 Sqft 2,002 Sqft 34 2 Landscape and Tranquil North £3,300,000 Sapphire / 150 m2 / 36 m2 / 186 m2 London 35.02 1,636 Sqft 221 Sqft 1,857 Sqft Views towards Tranquil North 35 2 £2,900,000 Amber / 152 m2 / 21 m2 / 173 m2 London 3 Bedroom Penthouse Suites 34.02 1,609 Sqft 1,025 Sqft 2,633 Sqft Views towards the City Landscape 34 3 RESERVED Topaz / 149 m2 / 95 m2 / 245 m2 and Tranquil North London 35.01 2,950 Sqft 248 Sqft 3,198 Sqft Views towards the City Landscape 35 3 RESERVED Ruby / 274 m2 / 23 m2 / 297 m2 and Tranquil North London 35.03 2,530 Sqft 220 Sqft 2,750 Sqft Views towards the City Landscape 35 3 RESERVED Opal / 235 m2 / 20 m2 / 255 m2 and Tranquil North London Information Lease: 999 years Ground Rent: £1,000 Ground rent will increase every 21 years for the first 100 years and then every 10 years thereafter, in line with RPI. Service Charge: Estimated at £6.30/sqft per annum for apartments (subject to change) Car Parking: Penthouses will have the option of allocated parking spaces. 1 allocated space for 2 bedroom penthouses & 2 allocated spaces for 3 bedroom penthouses. These allocated spaces will be charged at the usual rate of £50,000 (service charge of £553 PA subject to change) Estimated Completion Dates Penthouses – Q3/Q4 2024 Terms of Payment A reservation booking fee is payable on reservation: £10,000 for apartments over £2million 1. Exchange of contracts to take place within 21 days of reservation 2. 10% of the purchase price is payable on exchange of contracts (minus the reservation fee) 3. A further 10% advanced instalment is payable 12 months after exchange 4. A further 5% advanced instalment is due 24 months after exchange 5. Balance of 75% is payable upon completion Reservation payment can be made either with a credit card (not Amex) or by bank transfer (ask a consultant for the details). For every person named on the reservation form, or for persons making payment on behalf of the named purchaser the following identification must be supplied in order to satisfied Berkeley Homes Anti-Money laundering regulations: 1. Passport or driving licence 2. Utility Bill i.e. gas, electric, water etc. (less than 6 months old) See link to Penthouse Virtual Tour - http://berkeleyhomes-vr-cityrd.com/ Please call our Sales Advisors for further information or to arrange an appointment to discuss details further. Tel: 020 3040 6250, Email: [email protected], Web:www.250cityroad.co.uk Please be aware that these details are intended to give a general indication of Properties Available and should be used as a guide only. The company reserves the right to alter these details at any time. The contents herein shall not form any part of any contract or be a representation including such contract. These properties are offered subject to availability. Applicants are advised to contact the sales office or the appointed agents to ascertain the availability of any particular type of property. The property areas are provided as gross internal areas under the RICS measuring practice 6th edition recommendation. For Internal use only, subject to change. Located in Zone 1, between Old Street and Angel underground stations, 250 City Road is a landmark development designed by world renowned Architects Foster + Partners.