fact sheet · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston...

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THE ROYAL BOROUGH OF KINGSTON UPON THAMES FACT SHEET

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Page 1: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

T H E R O Y A L B O R O U G H O F K I N G S T O N U P O N T H A M E S

FA

CT

SH

EE

T

Page 2: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

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ARTWORK SUPPLIED SEPARATELY

1

3

11

4

5

12

2

13

14

15

Computer enhanced photography is indicative only.

1 River Thames

2 Eden Walk Shopping Centre

3 Rose Theatre

4 Clarence Street Shopping

5 Historic Market Square

6 The Bentall Centre

7 John Lewis

8 Hampton Court Palace

9 Royal Bushy Park

10 Kingston Train Station

11 The Rotunda Leisure Park

12 Kingston Bus Station

13 Kingston College

14 Kingston University

15 FairfieldRecreationGround

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 RoyalExchange,adevelopmentbuiltaroundtheGradeIIlistedOldPostOfficeandTelephoneExchange.Itwilloffer267Manhattan, one, two and three bedroom apartments, adding a modern note to complement Kingston’s evolving heritage.

E N R I C H I N G K I N G S T O N

SITUATED IN THE HEART OF THE LIVELY MARKET TOWNOFKINGSTONUPONTHAMES,

ROYALEXCHANGEISONTHEDOORSTEPOF THE RIVER THAMES, WITH CENTRAL LONDON

JUST AN EASY TRAIN RIDE AWAY.

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Page 3: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

K E Y F A C T S

GroundrentswillincreaseinaccordancewithRPIevery15years.Source: www.kingston.gov.uk. Prices correct at time of going to press. Council Tax Banding for approximate reference only. Computer generated imagery depicts Royal Exchange and is indicative only.

THE DEVELOPER

StGeorgeCityLtd StGeorgeHouse9 Pennington Street LondonE1W2BD

T:+44(0)2074800800

TOTAL APARTMENTS

267

LOCATION

KingstonuponThamesKT12FQ

ARCHITECTS

Scott Brownrigg, Simon Bowden, Malcolm Fryer Architects

LOCAL AUTHORITY

Royal Borough of Kingston upon Thames

TENURE

New999-yearleasefrom2021

PARKING

SoldonaRighttoParkbasisfor2and3 bedroom apartments at £30,000

ESTIMATED COMPLETION

Richardson House EstimatedfromJan23–June23

Rutherford House EstimatedfromJan22–June23

Wakefield House EstimatedfromJan22–June23

Helena House EstimatedfromSept22–June23

WARRANTY

10-yearwarranty 2yearStGeorgeproductwarranty

SERVICECHARGE

Anticipatedcirca£4.50persqft

GROUNDRENTS

Manhattan £200pa 1bedroom £350pa 2bedroom £425pa 3bedroom £500pa

COUNCILTAX 2019/2020

Royal Borough of Kingston upon Thames average(basedon2occupants)

BAND A £1,247.30pa

BAND B £1,455.19pa

BAND C £1,663.07pa

BAND D £1,870.95pa

BAND E £2,286.71pa

BAND F £2,702.48pa

BANDG £3,118.25pa

BAND H £3,741.90pa

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Page 4: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

K E Y F A C T S

VENDOR’S SOLICITORS

STEPIEN LAKE LLP43WelbeckStreet,LondonW1G8DX

Catherine Smyth T: +44(0)2074673030 E: [email protected] www.stepienlake.co.uk

PURCHASER’S SOLICITORS

ZHONGLUNLAWFIRM10-11AustinFriars,LondonEC2N2HG DX98930Cheapside2

Matthew Ma D:+44(0)2073821576 T: +44(0)2073821567 E: [email protected] www.zhonglun.com

QUASTELSLLP74WimpoleStreet,LondonW1G9RR

Jonathan Neilan D:+44(0)2079082533 E: [email protected] www.quastels.com

CARTER BELLS12HighStreet,KingstonuponThamesKT11HD

Richard Bland T: +44(0)2089394002 E: [email protected] www.carterbells.co.uk

REQUIREDDOCUMENTATION

1. PROOFOFIDENTIFICATION • Passportoridentificationcard

2. PROOF OF ADDRESS • A current utility bill (not mobile phone) or bank

statement showing name and home address to be no older than 3 months

Please be advised that the solicitors must have the signedandcertifiedoriginalcopiesoftheabove

3. If the purchase is being made in a company name then the following documentation must be provided:

a. AcopyoftheCertificateofIncorporationandMemorandum of articles and association

b. Evidence of the company’s registered address

c. Register of directors and shareholders

d.Individualphotoidentificationandaddress identificationfordirectorsandshareholders

e. Shareholderscertificate

RESERVATION DEPOSIT

£5,000onallproperties

TERMS OF PAYMENT

• 10%ofpurchaseprice,lessbookingfeepaid,payableon exchangeofcontractswithin21daysfromreservation

• Afurther10%payable12monthsfromexchange

• Afurther5%payable18monthsfromexchange

Computer generated imagery depicts Royal Exchange and is indicative only.

Thepurchaser’ssolicitorsareknownbyStGeorgePLCtohaveactedfor previous purchasers and have a working knowledge of the title documentation.TheseareprovidedforreferenceonlyandStGeorgedoes not take responsibility for third parties.

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Page 5: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

C R A F T E D T O I N S P I R E

Computer generated imagery depicts Royal Exchange and is indicative only.

ROYALEXCHANGEHASBEENDESIGNEDWITHITSRESIDENTS IN MIND.

• Two private landscaped courtyards

• 24-hourconcierge

• Private screening room

• Gym

• 642cyclespaces

• 99 parking spaces

• 50electricalcarchargingpoints

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Page 6: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

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E S T I M A T E D R E N T A L V A L U E S

per week per week

£325 £375up to up to

M A N H A T T A N 1 B E D R O O M

per week per week

£500 £700up to up to

2 B E D R O O M S 3 B E D R O O M S

On average, investors enjoyed agrossyieldof4%in2017

I N V E S T O R S

65%highestrateof owner occupiers

O W N E R O C C U P I E R S

Rental prices are set to increase by+16%overthenextfiveyears

R E N T A L

Aresettoincreaseby+12% overthenextfiveyears

P R O P E R T Y P R I C E S

Source: Stack & Bonner. Computer generated image and photography depict Royal Exchange and are indicative only. Source: CBRE.

I N V E S T I N G I N K I N G S T O N

“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 tenants; conveniently located just 30 minutes by train from London Waterloo, it is popular with commuters but still 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 POLLARDJointOwner/CEO,Stack&Bonner

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Page 7: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

A3

A3

A3

A3

A3

A3

A

316

A316

A316

Turnham Green Hammersmith

Kew Gardens

Fulham Broadway

BARNES

High StreetKensington

VICTORIA

Green Park

Oxford CircusBank

ClaphamCommonClapham

Junction

WATERLOO

Vauxhall

SloaneSquare

LONDON HEATHROW

GATWICK AIRPORT

TWICKENHAM

CHISWICK

FULHAM

WEST END

CLAPHAM

BALHAM

STREATHAM

DULWICH

BATTERSEA

KENSINGSTON

COVENT GARDEN

CITY OF LONDON

WESTMINSTER

MAYFAIR

RICHMOND

KEW

WIMBLEDON

EARLSFIELD

PUTNEY

KINGSTONHAMPTON

TEDDINGTON

SURBITON

HAMPTON COURTPALACE

HAM HOUSE

THE SHARDBIG BENLONDON

EYE

ST PAUL’S CATHEDRAL

BATTERSEA POWER STATION

WIMBLEDON TENNIS

RICHMONDGOLF CLUB

TIFFIN SCHOOL

KINGSTON UNIVERSITY

THE TIFFIN GIRLS’ SCHOOL

BOAT CLUBKEMPTON PARKRACECOURSE

TWICKENHAMSTADIUM

RoyalBushy Park

RoyalRichmond Park

The Royal Borough of Kingston upon Thames

Syon Park

Wimbledon Common

Hyde Park

Battersea ParkWWT

London Wetland CentreRoyal BotanicGardens, Kew

Hampton Wick

EALING

G R E A T C O N N E C T I O N S

Kingston railway station is a short walk from the development, providing direct connections to London Waterloo in 30 minutes.

Once in London the galleries and culture of the South Bank, shopping in Knightsbridge and theWestEnd,alongwith68Michelinstarredrestaurants, are all close at hand.

Lookingoutward,theA3,M3andM25arewithina short drive and Heathrow Airport is less than 9 miles away.

Nearby towns like Putney, Richmond, Wimbledon and Twickenham offer different ambiences and lifestyles, along with some of the country’s best parkland.

Travel times and distances are approximate. Only key stations for Royal Exchange are shown. Source: www.tfl.gov.uk and Google Maps.Map not to scale.

VAUXHALLCLAPHAM JUNCTIONWIMBLEDONKINGSTON LONDON WATERLOO

Northern Jubilee Bakerloo

Waterloo & City Line

District Line District Line Victoria Line

RICHMOND

21MINS

30MINS

25MINS

15MINS

12MINS

1312

Page 8: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

Ranked in the worlds top 200younguniversities

K I N G S T O N U N I V E R S I T Y

Attracts

Students from around the globe

O V E R 1 6 , 0 0 0

WhitewallGalleries, StanleyPickerGallery,

Fusion Arts, Rose Theatre, & Arthur Cotterell Theatre

C U L T U R A L V E N U E S

Highest rate of graduate start-ups in the UK

K I N G S T O N U N I V E R S I T Y

Primary and secondary school 100%goodoroutstanding

O F S T E D R A T I N G S

4%ofA-Levelfinishersin Kingston went on to Oxford orCambridgein2014/2015

A – L E V E L

From London (17minutesbytrain

from Surbiton)

M I L E S

Kingston’s population is set to increase+16%by2036 173,000–200,000

P O P U L A T I O N

Source: CBRE, Kingston University and Kingston Futures.

W H Y B U Y I N K I N G S T O N ?

IMAGES

‘Out of Order’ telephone boxes sculpture by David Mach, Kingston University students, street entertainer and Stanley Picker Gallery

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Page 9: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

4km of Thames riverside

R I V E R T H A M E S

150restaurants and cafés

D I N I N G

500shopssellingover 1,000internationalbrands

S H O P P I N G

KEWGARDENS

(6miles)

ROYAL RICHMOND PARK

(1mile)

ROYAL BUSHY PARK

(0.6miles)

R O Y A L P A R K S A N D G A R D E N S

1,184hectaresequivalent to32%totalsurfacearea

G R E E N S P A C E S

1millionvisitorsperyearanditis the15thmostvisitedpaidfor

attraction in Britain

H A M P T O N C O U R T P A L A C E

O L D E S T R O Y A L

B O R O U G H

W H Y B U Y I N K I N G S T O N ?

IMAGES

Kingston riverside, Hampton Court Palace, Royal Bushy Park and Clarence Street

Source:GoogleMaps,KingstonCouncilandVisitBritain2017. 1616

Page 10: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

NEWPUBLIC

BIKE RACKS

A NEW DIRECT ROUTE TO THE

RIVER THAMES

£32mSTATION QUARTER / GO CYCLE SCHEME

Refurbishment around Kingston train station will include:

£1.5BILLIONHASBEENCOMMITTEDTONEWDEVELOPMENTSINTHELAST24MONTHS.

Redevelopment of Kingston’s prominent shopping destination includes:

BENTALL CENTRE

£25mPlanned regeneration of Eden Walk will create:

EDEN WALK

£400m

NEWRESTAURANTS AND STORES

NEWSHOPS AND

PUBLIC SPACES

CINEMA

A FOUR SCREEN BOUTIQUE

PLANS FOR CYCLE-FRIENDLY STREETS

RESTAURANTS AND CAFÉS

NEW APARTMENTS

A N E X C I T I N G V I S I O N

Computer generated image is indicative only. Source: Kingston Council and Bentall Centre.

TIFFIN SCHOOL

An exceptional secondary school whichsendsaround20boystoOxbridge institutions each year

KINGSTONGRAMMAR

Placedinthetop1% of secondary schools

in the countryItsAACSBaccreditationsputitinthetop5%

of business schools worldwide

Is one of the country’s top2universitiesforstarting a business

2 Kingston graduates launched new

companiesin2017

283

PRE-SCHOOLS AND NURSERIES

2.8 Miles Burlington Infant & Nursery School

1.2 Miles Coombe Day Nursery

1 Mile Elm Grove Day Nursery and Preschool

0.8 Miles Katey’s Nursery & Pre-School

0.7 Miles Active Learning Kingston Nursery

0.3 Miles St Joseph’s Catholic Nursery School

PRIMARY SCHOOLS

0.3 Miles St Joseph’s Catholic Primary School

0.5 Miles Surbiton High Girls’ Preparatory School

1.3 Miles Alexandra School

1.4 Miles Holy Cross Preparatory School

1.5 Miles Fern Hill Primary School

2 Miles Coombe Hill Juniors

SECONDARY SCHOOLS

3 Miles Coombe Boys’ School

2.1 Miles Coombe Girls’ School

1.8 Miles The Tiffin Girls’ School

1.5 Miles The Kingston Academy

0.4 Miles Kingston Grammar School Tiffin School

LOCAL UNIVERSITIES AND COLLEGES

0.5 Miles Kingston College

0.6 Miles Kingston University London

3 Miles Esher College

3.7 Miles St Mary’s University

4.5 Miles Richmond upon Thames College

5 Miles Wimbledon College of Arts

OUTSTANDING SCHOOLS KINGSTON UNIVERSITY

S M A R T T H I N K I N G

Traveldistancesareapproximate.Source:GoogleMaps. 19

Page 11: FACT SHEET · “the lettings market is incredibly buoyant in kingston, ... battersea kensinston covent arden city of london westminster mayfair richmond kew wimbledon ... teddinton

WWW.ROYALEXCHANGEKINGSTON.CO.UK

WHEATFIELD WAY A307

W

HEA

TFIE

LD W

AY

A30

7

BR

OO

K ST

REET

EDEN

STR

EET

LADY BOOTH ROAD

WH

EATF

IELD

WAY

A

307

ORCHARD ROAD

ASHDOWN ROAD

CustomerParking

SALES&MARKETINGSUITE

Computer generated imagery depicts Royal Exchange and is indicative only.

G E T I N T O U C H

ROYALEXCHANGESALES&MARKETINGSUITE

TheOldPostOffice,4AshdownRoad, KingstonuponThamesKT12FQ

Monday–Saturday:10amto6pm Sunday: 10amto5pm

T:+44(0)2033751881 E: [email protected]