INFORMATION PACK OVERVIEW

Construction Start Date Planning Permission Ref July 2019 18/01672/PDO

Completion Date Contractor October 2020 Brymor Construction – www.brymor.co.uk

Local Authority Architect Spelthorne Borough Council Orbit Architects – www.orbitarchitects.com

Tenure Structural Engineer 999 year leasehold Green Structural Engineering – www.gseltd.co.uk

Building Warranty M&E Engineer 10 Year CML approved warranty provided by Buildzone Bailey Gomm - www.baileygomm.co.uk

Car Parking Employers Agent One secure underground space per apartment Robinson Lowe Francis - www.rlf.co.uk

Bicycle Parking Heating 46 spaces available on a first come, first served basis Metered hot water cylinder and wall mounted electric panel radiators

Ground Rent Set as 0.1% of the sale price upto a maximum of £350 p.a Floor to ceiling heights Ground rent reviewed every 10 years to RPI 2.6 metres

Deposit Protection Lifts All deposits to either be held as stakeholder or insured by a Two passenger lifts serving all floors CML recognised warranty provider in which case they can be held as agent and released to the developer Security Full colour video entryphone Service Charge Estimated at £2.45 psf p.a Council Tax

Type of construction Band A £1,277.67 Brick and stone clad with pitched roof Band B £1,490.62 Band C £1,703.57 Date Originally Built Band D £1,916.51 2001 2019/20 rates

Previous Office Occupier UK HMRC

Assignability Contracts are assignable

Title Numbers SY678329 & SY691533 STAINES UPON THAMES

A significant Roman town with an ancient history, Staines upon in the UK outside of with prestigious towns such as Thames is an affluent, desirable, modern town and commuter , Windsor and forming London’s prime hub sitting alongside a beautiful and tranquil stretch of the commuter belt. The area has an undersupply of new homes and River Thames approximately 22 miles to the South-West of given its location it can be argued that Staines is undervalued Central London. and has potential for capital growth.

With a population of approximately 18,500. It is a significant Staines is an open, green and leafy town as befits its commercial centre with many major employers, a thriving town picturesque riverside setting. There are almost 4 miles of river centre and numerous sporting, leisure and cultural amenities. frontage with numerous pubs, restaurants and rowing clubs overlooking the Thames. Local education is of a high standard The town is inside the M25 London orbital motorway at the including one of the worlds leading universities and there is a end of the M4 corridor and benefits from close proximity to strong retail offering centred around the pedestrianised High with superb road, rail and air connections. Street. Train journey times to Central London are as little as 33 minutes. The combination of affordability, proximity to Heathrow Airport, Staines has seen substantial large scale investment and is a fast and direct train link into Central London, bustling High home to many multinational companies such as BP, British Street and River Thames frontage will ensure Staines is a Gas, Samsung and Dnata. On top of a booming local economy, popular location for both investors and owner occupiers. Staines is surrounded by some of the most expensive real estate KEY INVESTMENT POINTS

Property prices and data Local economy and employment • Historical price growth – 6.6% growth in property prices in the • Major employers – Including BP, Siemens, BUPA, British Gas, twelve months to September 2017, outpacing growth of 3.3% Samsung and Studios across • Low unemployment – Only 0.9% unemployed, there are • Capital growth potential – Despite recent outperformance 46.4% of 16-74 year olds in full time work property prices remain around 23% below the Surrey average • Affluent area – Average worker contributes £72,438 to the showing potential for capital growth national economy • Supply and demand – Shortage of high quality new • Heathrow Airport – 76,000 staff and expansion approved accommodation with rental demand coming from young by Government with work on new third runway scheduled to professionals, commuters moving out from London and begin in 2021 which will create an extra 40,000 local jobs students at the Royal Holloway University • Perfectly position to the North of Surrey and South-West of London, the two largest economic areas in the UK Transport links • Fast access to Central London by train, journey time to Lifestyle and amenities Clapham Junction is only 24 minutes, London Waterloo only 33 minutes • Open space – Beautiful green and leafy area situated on the banks of the River Thames. Over 65% of the local borough is • Staines railway station 5 mins walking distance green belt land • Heathrow Airport less than 10 minutes away • Education – Royal Holloway University is one of the UK’s • Accessible motorway network – M25, M3, M4 and A30 all leading universities and located less than 2.5 miles away in between 5-15 minutes drive nearby Egham • Often described as the best connected town in Surrey • Shopping and retail – Two major shopping destinations in the town centre with many of the major shops and brands having a presence in the town • Sport and leisure – World renowned golf clubs Wentworth and Sunningdale are a short drive away • World class attractions – , Chessington World of Adventures, Legoland Windsor, Hampton Court and Windsor Castle are all close by TRANSPORT

STAINES WINDSOR & CLAPHAM LONDON EGHAM TWICKENHAM RICHMOND ASCOT KEW BRIDGE ETON RIVERSIDE JUNCTION WATERLOO 5 10 11 16 19 23 24 33

TIME IN MINUTES

The Wraysbury is well served for train, road and air connections. Train times from Staines railway station (5 min walk) Staines railway station is within a 5 minute walk of The Wraysbury and offers fast and frequent connections on the Windsor & Eton Riverside 11 minutes main Waterloo to Reading and Waterloo to Windsor and Eton Clapham Junction 24 minutes Riverside lines. Most services call at Clapham Junction which is Waterloo 33 minutes the busiest railway station in Europe and a major transport hub. Journey times to Central London are from as little as only 33 London Victoria 36 minutes minutes. An annual travelcard to Zone 1 costs £2,696. Reading 41 minutes

There are 3 stations within a 20 minute drive at Iver, West Drayton and Hayes & Harlington. Travel times from *Source www.nationalrail.co.uk, www.trainline.com and these stations to Bond Street will be reduced to 26 minutes, www.tfl.gov.uk Liverpool Street to 33 minutes and Canary Wharf to 40 minutes. Driving times Heathrow airport is the major airport hub for London and is a 10 minute drive from The Wraysbury. Heathrow is the M25 7 minutes – 1.5 miles busiest airport in the UK and the second biggest in the M3 9 minutes – 5.5 miles world for international flights with over 80 airlines flying M4 10 minutes – 6 miles to 185 destinations in 84 countries. Staines is also less than 40 minutes drive to Gatwick, Europe’s leading point-to-point Heathrow Airport 10 minutes – 3.5 miles airport. Gatwick Airport 40 minutes – 38 miles Central London 42 minutes – 22 miles Staines has numerous bus services serving the town and local area including direct buses to Heathrow Airport in as little as 20 minutes.

Situated 1.5 miles to junction 13 of the M25, Staines has exceptional road links with the M3 and M4 also nearby. The M25 offers access to all parts of Greater London, the M4 connects Staines to Reading, Bristol and Wales to the West while the M3 travels by Bracknell, Basingstoke and Winchester before ending in Southampton.

There are plans for a privately funded £200m Winsor Link Railway which will provide a direct rail link between Staines and Heathrow Airport in only 9 minutes. This could potentially be operational from 2022 subject to planning permission being granted. SHOPS AND RESTAURANTS

Staines town centre is a 5 minute walk from The Wraysbury and Nearby supermarkets include Waitrose, Sainsburys and Tescos has a pedestrianised High Street with the Two Rivers retail park along with smaller independent stores. on one side and the Elmsleigh shopping centre providing over 200 stores as well as a Debenhams and bustling 3 day market. There are plenty of choices for eating and drinking within a short walk of Heltiing House including Slug & Lettuce, Riverside There is plenty of parking in the town centre and most major Restaurant and Thames Side Brewery & Tap Room on the banks high street brands have a presence in Staines including of the Thames. In the town centre are a further wide array of restaurants including

Debenhams TK Maxx Pizza Express Laura Ashley Next Turtle Bay Marks & Spencer Decathlon Zizzis Monsoon New Look Nandos PC World Oasis Limeyard Waterstones Coast Momo Café Hobbycraft Argos Roshnis Indian Restaurant Primark Pandora Sushi Nara H&M Boots TGI Fridays Topshop The George Moss Bros EDUCATION

Staines is home to three primary schools, a secondary school Group’ of elite universities ranked 23rd in the UK. Specialising and Staines Preparatory School, a highly regarded independent in arts, humanities and science it has a distinguished history school for ages 3-11 which is a 10 minute walk from The of world changing research, innovative teaching and an Wraysbury. international outlook. Set in 135 acres of Surrey parkland the campus is recognised as one of the most beautiful in the world. Royal Holloway, University of London in nearby Egham is one of Over 10,000 student from more than 100 countries study at the the worlds top research universities and member of the ‘1994 university which employs 2,300 staff. LEISURE & FACILITIES

Staines-upon-Thames sits on the edges of the first belt of For the thrill seekers there is Thorpe Park just 10 minutes countryside upon leaving London and has a series of high away, while younger families will enjoy Chessington World quality open spaces, whether it is the Memorial Gardens in the of Adventures and LegoLand at Windsor, all world class centre of the town, or the more child friendly Lammas Park attractions. Golfers are spoilt for choice with Wentworth and nearby. It is also blessed with some outstanding leisure and Sunningdale two of the most prestigious clubs in the world sport facilities nearby, including close at hand. and the new Rugby Centre of Excellence for London Irish in Sunbury-on-Thames. In the town itself there is a 10 screen cinema and 4 miles of river frontage for relaxing walks. In Good Company

LOCAL ECONOMY & MAJOR EMPLOYERS

Staines is an affluent town with many prominent national and Heathrow Airport is a major employer in the area supporting international companies having offices there attracted by the over 76,000 employees and creating almost £3.3bn of GVA deep talent pool and close proximity to Heathrow Airport, (Gross Value Added) for the local economy. More than 200 Central London and the M4 corridor. The town is forms part of of the top 300 companies in the UK have headquarters within the Enterprise M3 Local Economic Partnership, the UK’s digital 25 miles of Heathrow. economy hub employing 50,000 people. The UK government approved a third runway in 2016 and Companies with headquarters or offices in Staines include Parliament voted in favour of the expansion in June 2018. the following Work is scheduled to commence in 2021 on what will be one of Europe’s largest infrastructure projects. Due to open in 2026 BP the expansion of Heathrow Airport will create 180,000 new jobs, Dnata 40,000 of these in the local area and upto £187bn of economic Samsung growth across the country. Staines is poised to benefit substantially from the investment and additional employment Pinewood created by the new runway. Wood Group Kenny RBS Invoice Finance Another main contributor to the local economy is Royal British Gas Holloway, London University, not only through the direct employment of its 2,300 staff but also by producing a talented Key points that make Staines an attractive place for business pool of graduates.

More business space per hectare than any other Surrey borough A high proportion of employees have professional, managerial 50,000 workforce with potential 1.21 million in adjoining or highly skilled jobs. The unemployment rates is only 0.9%. boroughs 13th in UK index of competitiveness 17th in KPMG high-tech jobs index 95% new business start-up survival rate SITE PLAN SPECIFICATION

INTERIOR DESIGNED KITCHENS SECURITY Glass splashback behind hob Main entry doors, digital access control with integral Design fitted cabinetry fob reader, code access and LED screen Composite Single Bowl Sink IPGuard Wireless video entry system with smart phone technology Swan-neck monoblock tap in brushed stainless steel Mains operated smoke alarm European manufactured electric single oven, fan assisted Mains operated carbon monoxide alarm European manufactured integrated hood Lockable letterboxes European manufactured 4 zone black induction hob Bike store LED strip lighting under wall units European manufactured integrated 70/30 fridge freeze (Under-counter fridge with freezer box in select apartments) HEATING European manufactured washer-dryer Wall mounted electric panel heaters European manufactured integrated slimline dishwasher (Not in Select Apartments) FLOORING Karndean UK wood effect strip vinyl in distressed oak to BATHROOMS & ENSUITE hallway, kitchen/lounge/dining area White Plastic shaver socket Tiled walls in white chino blanco LIGHTING White handwash basin with mixer tap Recessed LED spotlights Dual flush soft close WC with chrome flush plate Dimmer switches in bedrooms Wall mounted chrome toilet roll holder Stone effect vanity worktop Shower set with rose head and hand shower in chrome Square edge mirror with recess LED lighting Chrome towel rail Brushed nickel robe hooks Karndean floor tiles in graphite gray

BEDROOM Full height built in wardrobes with sliding silver-mirrored doors in select bedrooms 80% wool 20% nylon twist carpet Oak thresholds General white plastic sockets and switches Dulux Diamond paint in white LETTINGS & MANAGEMENT

Recommended Letting Agents

The Frost Partnership. www.frostweb.co.uk

Laura Woodward, Lettings Manager Tel: +44 (0)1784 464 606 [email protected]

Rentify www.rentify.com

Mathew Hahn, Sales Director Tel: +44 (0)203 856 3379 [email protected]

FURNITURE

Recommended Furniture Supplier Andrew James Interiors http://andrewjamesuk.com

Andrew Smith, Director Tel: +44 (0)7974 137 997 [email protected]

The standard furniture packages are priced as follows

Studios £3,500 + VAT 1 Bedroom Apartments £4,000 + VAT 2 Bedroom Apartments £5,000 + VAT

Full inventory included within the furnishings brochure. Bespoke furniture packages are available. SOLICITORS

Vendors Solicitor Recommended Purchasers Solicitors Paul Beanlands, Partner Jonathan Adams Law Michelmores LLP Unit 11 Kestrel Way, 12th Floor Woking, 6 New Street Square Surrey, London GU21 3BA EC4A 3BF

Tel: +44 (0)207 659 4659 Tel: +44 (0)1932 354 678 Email: [email protected] Email: [email protected]

Stamp Duty Land Tax (SDLT) will be payable on all purchases. The current rates and brackets which will be applicable to The Wraysbury are as follows

Brackets Standard Rate Buy-to-Let / 2nd Home Rate £0 - £125,000 0% 3% £125,001 - £250,000 2% 5% £250,001 - £925,000 5% 8%

PAYMENT TERMS

1). A non-refundable reservation fee of £2,000 is payable All reservation fees should be paid to the seller. On exchange on reservation of contracts the reservation fee is deducted from the exchange 2). 20% of the purchase price (less £2,000 reservation fee) deposit funds payable. payable on exchange of contracts, within 21 days of reservation 3). The balance of 80% of the purchase price payable on legal completion PRICING & LOCAL COMPARABLES

There are 4 competing developments within the immediate vicinity of The Wraysbury in Staines town centre. Each of them is within a few hundred yards of The Wraysbury and have either been completed in the past 18 months, are under construction or are yet to be released.

The Old Police Station This is a small conversion development of 14 units adjacent to The Wraysbury that completed in mid 2019. Their availability at the beginning of 2019 indicated the following pricing. This is the most relevant comparable as it provides the most recent sales data. The Wraysbury will offer a superior specification and is expected to be more desirable.

Plot Floor Beds Parking Sq/Ft Price 2 Ground 1 0 314 £240,000 4 First 1 1 348 £240,000 5 First 1 0 307 £225,000 8 Second 2 1 549 £310,000 9 Second 2 Tandem 737 £345,000 10 Ground 1 1 352 £245,000

Staines Central This is a large site directly opposite The Wraysbury that has been acquired by Berkeley Homes. There is a current planning application for a mixed use scheme comprising of 467 residential units and commercial space across 6 buildings. Berkeley are widely recognised as one of the best developers in the country, no pricing has been released yet but local agents are expecting prices to set new benchmarks for the town and the prestige of the development to boost the local market considerably.

London Square London Square is a new build development of 260 units with 1, 2 and 3 bedroom apartments in buildings of upto 11 stories high and released over 4 phases. Block D launched first in Q2 2017. The first phase has completed with the remainder of the scheme expected to complete in 2020. At launch the 1 bedroom units were priced between £320,000 - £360,000. Service charges in the development are £3.50 psf and parking is charged at £20k per space. Limited units are made available at a time with the currently released units as follows.

Plot Phase Floor Beds Price C3 Core C First 2 Beds £399,950 C9 Core C Second 2 Beds £402,950 C11 Core C Second 2 Beds £437,950 C33 Core C Fifth 2 Beds £464,950 C38 Core C Sixth 2 Beds £447,950 C46 Core C Seventh 2 Beds £469,950 C60 Core C Eighth 3 Beds £599,950

Venture House Venture House is a permitted development conversion scheme of 31 units a few blocks along from The Wraysbury, a mixture of studio, 1 and 2 bedroom apartments. Now completed, the development was launched in February 2017 and sold out by December 2017. The following sale prices were achieved in 2017.

Unit No Floor Type Sq/Ft Price 3 Ground 1 Bed 452 £269,950 4 Ground 1 Bed 441 £257,000 9 Ground 1 Bed 441 £247,500 11 Ground 1 Bed 398 £249,700 14 First 1 Bed 398 £279,950 15 First Studio 366 £215,000 17 First 1 Bed 484 £279,700 19 First 1 Bed 441 £271,203 AERIAL VIEW

< M25 - 1.9 MILES - 1 MILE KING GEORGE VI RESERVOIR - 3.5 MILES AIRPORT HEATHROW - 17 MILES CENTRAL LONDON MILES RIVERS SHOPPING CENTRE - 0.3 TWO MILES VUE CINEMA - 0.4 THE WRAYSBURY MILES RIVERSIDE BARS - 0.7 MILES - 0.2 HIGH STREET - 3 MILES PARK LAKES COUNTRY BEDFONT MILES ELMSLEIGH SHOPPING CENTRE - 0.3 MILES - 0.3 STATION RAILWAY MILES THE RIVER THAMES - 0.5 MILES LEISURE CENTRE - 0.8 SPELTHORNE > UPON THAMES - 11.8 MILES KINGSTON

< - 8 MILES WINDSOR > TWICKENHAM - 9 MILES

< RUNNEYMEDE - 2.6 MILES > MILES - 5.7 PARK KEMPTON

DIRECTIONS | Satnav Ref: TW18 4BP Leave the M25 at junction 13 and exit the roundabout onto the Staines Bypass / A30, signposted London (W), Hounslow, Staines A30 and Kingston A308. After 1.3 miles you will reach the Crooked Billet Roundabout. Take the A308 towards Staines-upon-Thames. The Wraysbury can be found on the left-hand side, after approximately 300 metres.