Development guide
ARTWORK SUPPLIED SEPARATELY
THE ROYAL BOROUGH OF KINGSTON UPON THAMES ENRICHING KINGSTON
SITUATED IN THE HEART OF THE LIVELY MARKET TOWN OF KINGSTON UPON THAMES, 8 ROYAL EXCHANGE IS ON THE DOORSTEP OF THE RIVER THAMES, WITH CENTRAL LONDON JUST AN EASY TRAIN RIDE AWAY.
9 First recorded in a Royal Charter in 838, the medieval market town of Kingston is Britain’s oldest Royal Borough. It has a colourful history that includes the coronation of Saxon Kings and the construction of London’s oldest bridge, while present- day Kingston has become one of the capital’s most exclusive and desirable places to live.
The latest addition to the rich variety of Kingston is 14 1 Royal Exchange, a development built around the Grade II listed Old Post Office and Telephone Exchange. It will offer 267 Manhattan, one, two and three bedroom apartments, adding 13 a modern note to complement Kingston’s evolving heritage. 3
ARTWORK SUPPLIED SEPARATELY 5 1 River Thames 7 2 7 2 Eden Walk Shopping Centre 3 1 2 3 Rose Theatre 5 1
4 Clarence Street Shopping 5 3 6 5 Historic Market Square 4 1 4 6 The Bentall Centre 5 2
7 John Lewis 8 3 15 8 Hampton Court Palace 34 12
9 Royal Bushy Park 18 5
10 Kingston Train Station 7 4
11 The Rotunda Leisure Park 6 4
12 Kingston Bus Station 7 4
13 Kingston College 6 3
14 Kingston University 10 5
15 Fairfield Recreation Ground 5 4 10 11 TIMES FROM ROYAL EXCHANGE (IN MINUTES)
Travel times are approximate. Source: Google Maps. 3 Computer enhanced photography is indicative only. 12 KEY FACTS
THE DEVELOPER St George City Ltd St George House 9 Pennington Street London E1W 2BD T: +44 (0)20 7480 0800 TOTAL APARTMENTS 267 LOCATION Kingston upon Thames KT1 2FQ ARCHITECTS Scott Brownrigg, Simon Bowden, Malcolm Fryer Architects LOCAL AUTHORITY Royal Borough of Kingston upon Thames TENURE New 999-year lease from 2021 PARKING • Parking service charge £400 pa • Sold on a Right to Park basis for 2 and GROUND RENTS* 3 bedroom apartments at £30,000 Manhattan £200 pa ESTIMATED COMPLETION 1 bedroom £350 pa 2 bedroom £425 pa Richardson House 3 bedroom £500 pa Estimated from Jan 23 - June 23 Rutherford House COUNCIL TAX 2020 / 2021 Estimated from July 22 - June 23 Royal Borough of Kingston upon Thames Wakefield House average (based on 2 occupants) Estimated from Jan 22 - June 23 BAND A BAND E
Helena House £1,296.26 pa £2,376.47 pa Estimated from Jan 23 - July 23 BAND B BAND F WARRANTY £1,512.31 pa £2,808.57 pa 10-year NHBC warranty BAND C BAND G 2 year St George product warranty £1,728.34 pa £3,240.65 pa SERVICE CHARGE BAND D BAND H £1,944.39 pa £3,888.78 pa Anticipated circa £4.50 per sq ft *Ground rents will increase in accordance with RPI every 21 years. Source: www.kingston.gov.uk. Prices correct at time of going to press. Council Tax Banding for approximate reference only. Computer 4 5 generated imagery depicts Royal Exchange and is indicative only. RESERVING YOUR HOME
REQUIRED DOCUMENTATION RESERVATION DEPOSIT VENDOR’S SOLICITORS RISEAM SHARPLES SOLICITORS 2 Tower Street, London WC2H 9NP 1. PROOF OF IDENTIFICATION £5,000 on all properties STEPIEN LAKE LLP • Passport or identification card 43 Welbeck Street, London W1G 8DX Catherine Whitehouse (Main Point of Contact) TERMS OF PAYMENT D: +44 (0)20 7632 8908 Catherine Smyth 2. PROOF OF ADDRESS E: [email protected] • 10% of purchase price, less reservation deposit T: +44 (0)20 7467 3030 • A current utility bill (not mobile phone) or bank www.riseamsharples.com statement showing name and home address to be paid, payable on exchange of contracts within E: [email protected] 21 days from reservation no older than 3 months www.stepienlake.co.uk CHILD & CHILD Please be advised that the solicitors must have the • A further 10% payable 12 months from exchange 21 Grosvenor Place, London SW1X 7HN PURCHASER’S SOLICITORS DX 2325 Victoria signed and certified original copies of the above • A further 5% payable 18 months from exchange ZHONG LUN LAW FIRM Sam Yuen 3. If the purchase is being made in a company name then TERMS OF PAYMENT FOR 10-11 Austin Friars, London EC2N 2HG D: +44 (0)20 7201 5680 the following documentation must be provided: ALL REMAINING C1 HOMES* DX 98930 Cheapside 2 E: [email protected] a. A copy of the Certificate of Incorporation and www.childandchild.co.uk Exchange of contracts on 20% of purchase price, Jay Wong Memorandum of articles and association • less booking fee paid, payable within 21 days T: +44 (0)20 7382 1567 b. Evidence of the company’s registered address from reservation E: [email protected] The purchaser’s solicitors are known by St George PLC to have acted www.zhonglun.com for previous purchasers and have a working knowledge of the title c. Register of directors and shareholders • A further 5% payable 12 months from exchange documentation. These are provided for reference only and St George does not take responsibility for third parties. d. Individual photo identification and address • The remaining balance of 75% payable identification for directors and shareholders on completion e. Shareholders certificate
6 *The sales team can advise which homes are C1. 7 Computer generated imagery depicts Royal Exchange and is indicative only. CRAFTED TO INSPIRE
ROYAL EXCHANGE HAS BEEN DESIGNED WITH ITS RESIDENTS IN MIND.
• Two private landscaped courtyards
• 24-hour concierge
• Private screening room
• Meeting room
• G y m
• 642 cycle spaces
• 99 parking spaces
• 50 electrical car charging points
8 9 Computer generated imagery depicts Royal Exchange and is indicative only. “The lettings market is incredibly buoyant in Kingston, with tremendous demand from both private and corporate tenants. Undoubtedly its location is the biggest draw for INVESTING IN tenants; conveniently located just 30 minutes by train from London Waterloo, it is popular with commuters but still KINGSTON boasts a variety of bars, shops and restaurants in Kingston itself. Proximity to the River Thames and the Royal Parks is another key factor; within several minutes residents can enjoy peaceful river walks or cycling around Bushy Park. Kingston has fast-become a favoured rental hotspot and has all the hallmarks of a solid long-term rental investment.” ANDREW POLLARD Joint Owner / CEO, Stack & Bonner
ESTIMATED RENTAL VALUES
RENTAL Rental prices are set to increase by +14% over the next five years
MANHATTAN 1 BEDROOM estimated estimated INVESTORS On average, investors enjoyed £380 £415 a gross yield of 4% in 2019 per week per week
P R I V A T E RENTERS Five-year projections show 2 BEDROOMS 3 BEDROOMS an increase in private renters estimated estimated from 26% to 29% £660 £760 per week per week PROPERTY PRICES Are set to increase by +22% over the next five years Source: Benham & Reeves. Computer generated image and photography depict Royal Exchange and are indicative only. 11 Source: CBRE. Oxford Circus Bank EALING ST PAUL’S COVENT CITY OF LONDON MAYFAIR CATHEDRAL GARDEN WEST END G R E A T Hyde Park High Street Green Park Kensington LONDON BIG BEN THE SHARD CONNECTIONS EYE WATERLOO KENSINGSTON Turnham WESTMINSTER Green Hammersmith Sloane Square VICTORIA
CHISWICK 3 A Vauxhall
Fulham Broadway
Battersea Park BATTERSEA Royal Botanic WWT POWER STATION London Wetland Centre LONDON Gardens, Kew Kew FULHAM
HEATHROW 3 Syon Park Gardens A KEW BARNES BATTERSEA
Junction CLAPHAM RICHMOND A3
TWICKENHAM 3 STADIUM 6 A A31
TWICKENHAM FROM FROM ROYAL EXCHANGE KINGSTON STATION (IN MINUTES) (IN MINUTES)
EARLSFIELD 3 6 Royal A King’s Road / Chelsea 30 41 31 National Rail, Bus A HAM HOUSE Richmond Park Wimbledon Common RICHMOND Harrods 35 50 GOLF CLUB National Rail, Victoria & Piccadilly lines
Oxford Street / Bond Street 45 42
National Rail, Victoria line WIMBLEDON TENNIS South Kensington 35 51 (Imperial College, Museums, Royal Albert Hall) National Rail, District line
6 1
3 TEDDINGTON A Hyde Park 40 45 Hampton THE TIFFIN National Rail, Bus Wick GIRLS’ SCHOOL WIMBLEDON
Chinatown 45 48
KEMPTON PARK BOAT CLUB National Rail, Northern line RACECOURSE HAMPTON KINGSTON King’s College 40 37
(Waterloo Campus) National Rail Royal Bushy Park London South Bank University 40 45 National Rail, Bus TIFFIN SCHOOL
KINGSTON Heathrow Airport 25 24 HAMPTON COURT UNIVERSITY Bus (Bus Stop at The Bentall Centre) PALACE The Royal Borough of Gatwick Airport 40 60 Kingston upon Thames National Rail
A3 GATWICK SURBITON
AIRPORT
Travel times and distances are approximate. Only key stations for Royal Exchange are shown. Map not to scale. Source: www.tfl.gov.uk and Google Maps.
Kingston railway station is a short walk from the Looking outward, the A3, M3 and M25 are within development, providing direct connections to a short drive and Heathrow Airport is less than 15 12 21 25 30 MINS MINS MINS MINS MINS London Waterloo in 30 minutes. 9 miles away.
Once in London the galleries and culture of Nearby towns like Putney, Richmond, Wimbledon the South Bank, shopping in Knightsbridge and and Twickenham offer different ambiences and RICHMOND KINGSTON WIMBLEDON CLAPHAM JUNCTION VAUXHALL LONDON WATERLOO the West End, along with 68 Michelin starred lifestyles, along with some of the country’s restaurants, are all close at hand. best parkland. District Line District Line Victoria Line Northern Jubilee Bakerloo 12 13 Waterloo & City Line WHY BUY IN KINGSTON?
IMAGES ‘Out of Order’ telephone boxes sculpture by David Mach, Kingston University students, street entertainer and Stanley Picker Gallery
K I N G S T O N Attracts UNIVERSITY OVER 16,000 Ranked in the worlds top Students from 200 young universities around the globe
O F S T E D CULTURAL KINGSTON R ATINGS VENUES UNIVERSITY
Primary and secondary school Whitewall Galleries, Highest rate of graduate 100% good or outstanding Stanley Picker Gallery, start-ups in the UK Fusion Arts, Rose Theatre, & Arthur Cotterell Theatre
POPULATION MILES A–LEVELS
Kingston’s population is set to From London 4% of A-Level finishers in increase +16% by 2036 (17 minutes by train Kingston went on to Oxford 173,000 – 200,000 from Surbiton) or Cambridge in 2014 / 2015
14 15 Source: CBRE, Kingston University and Kingston Futures. WHY BUY IN KINGSTON?
IMAGES Kingston riverside, Hampton Court Palace, Royal Bushy Park and Clarence Street
ROYAL PARKS AND GARDENS
ROYAL BUSHY PARK ROYAL RICHMOND PARK KEW GARDENS (0.6 miles) (1 mile) (6 miles)
H A M P T O N OLDEST G R E E N COURT PALACE ROYAL SPACES
1 million visitors per year and it is BOROUGH 1,184 hectares equivalent the 15th most visited paid for to 32% total surface area attraction in Britain
SHOPPING RIVER THAMES DINING
500 shops selling over 4km of 150 restaurants 1,000 international brands Thames riverside and cafés
Source: Google Maps, Kingston Council and VisitBritain 2017. 16 AN EXCITING VISION SMART THINKING
OUTSTANDING SCHOOLS £1.5 BILLION HAS BEEN COMMITTED TO NEW DEVELOPMENTS IN THE LAST 24 MONTHS. TIFFIN SCHOOL KINGSTON GRAMMAR NEW UNILEVER HQ EDEN WALK 2 An exceptional secondary school which sends around Placed in the top 1% of secondary schools £400m 20 boys to Oxbridge institutions each year in the country TWO NEW COMMERCIAL BUILDINGS, HIGH SUSTAINABILITY EMBODIED BRINGING 2000 JOBS IN THE DESIGN, INCLUDING Planned regeneration of TO KINGSTON TOWN CENTRE GREEN ROOFS AND WALLS KINGSTON UNIVERSITY Eden Walk will create: NEW A NEW RETAIL OFFER SHOPS AND 283 Is one of the country’s top 2 universities Kingston graduates launched new companies AT GROUND LEVEL PUBLIC SPACES for starting a business in 2017 RESTAURANTS AND CAFÉS Its AACSB accreditations put it in the top 5% of business schools worldwide HIGH-QUALITY PUBLIC SPACE A NEW CAR PARK, HOUSING APPROX. AND INCREASED PERMEABILITY 360 PARKING SPACES WITH FULL NEW ELECTRIC CAR CHARGING INFRASTRUCTURE APARTMENTS
PRE-SCHOOLS AND NURSERIES SECONDARY SCHOOLS
BENTALL CENTRE STATION QUARTER / GO CYCLE SCHEME 2.8 Miles 3 Miles Burlington Infant & Nursery School Coombe Boys’ School ARTWORK SUPPLIED SEPARATELY £25m £32m 1.2 Miles 2.1 Miles Coombe Day Nursery Coombe Girls’ School Redevelopment of Kingston’s prominent shopping destination includes: Refurbishment around Kingston train station will include: 1 Mile 1.8 Miles Elm Grove Day Nursery and Preschool The Tiffin Girls’ School A FOUR SCREEN A NEW DIRECT NEW BOUTIQUE ROUTE TO THE NEW 0.8 Miles 1.5 Miles RESTAURANTS PUBLIC Katey’s Nursery & Pre-School The Kingston Academy AND STORES CINEMA RIVER THAMES BIKE RACKS 0.7 Miles 0.4 Miles PLANS FOR CYCLE-FRIENDLY STREETS Active Learning Kingston Nursery Kingston Grammar School Tiffin School 0.3 Miles St Joseph’s Catholic Nursery School
PRIMARY SCHOOLS LOCAL UNIVERSITIES AND COLLEGES
0.3 Miles 0.5 Miles St Joseph’s Catholic Primary School Kingston College
0.5 Miles 0.6 Miles Surbiton High Girls’ Preparatory School Kingston University London 1.3 Miles 3 Miles Alexandra School Esher College 1.4 Miles 3.7 Miles Holy Cross Preparatory School St Mary’s University 1.5 Miles 4.5 Miles Fern Hill Primary School Richmond upon Thames College 2 Miles 5 Miles Coombe Hill Juniors Wimbledon College of Arts
Computer generated image is indicative only. Source: Kingston Council and Bentall Centre. Travel distances are approximate. Source: Google Maps. 19 GET IN TOUCH
LADY BOO T TH ROAD E E R T Customer S N E Parking D E SALES & MARKETING SUITE
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ROYAL EXCHANGE SALES & MARKETING SUITE
The Old Post Office, 4 Ashdown Road, T: +44 (0)20 3375 1881 Kingston upon Thames KT1 2FQ E: [email protected]
Monday – Saturday: 10am to 6pm Sunday: 10am to 5pm WWW.ROYALEXCHANGEKINGSTON.CO.UK
Computer generated imagery depicts Royal Exchange and is indicative only.