green dragon house - investor brochure
TRANSCRIPT
GREEN DRAGON HOUSE
A BRILLIANT INVESTMENT
LET’S TALK 020 7495 0523 [email protected]
GREEN DRAGON HOUSE64-70 HIGH STREET, CROYDON, CR0 9XN
Outside view
Green Dragon House, CroydonPrices from £249,950
1 & 2 bedroom high-spec apartments.
Available off-plan with purchases completing 2016.
Granite kitchen worktops, hardwood flooring, Bosch appliances and Villeroy & Boch sanitaryware.
Very efficient Gas Fired Community Heating System with heat recovery, LED Lighting & “Nest” Smart Smoke/Thermostat Systems.
1 GB hyperoptic broadband (fastest in the UK!) and Sky TV.
Central location minutes from shopping centre and local amenities.
Nearby East Croydon station is just 16 minutes from London Victoria.
Sky Garden, Residents Lounge, Roof Garden and Concierge.
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per annum average gross yield
house price inflation over 5 years
rental inflation over 5 years
total return over a 5 year period
*Sources: LSL Land & New Homes, Office for Budget Responsibility (Dec 2014), Savills Spotlight-Prime Rental Markets (Q1 2015),
Rightmove (Oct 2014), JLL (Nov 2014)
FORECAST RETURNS
Sky garden
n award winning Inspired home could be your answer to securing a firm foothold
on the property investment ladder. Inspired Homes are ingeniously designed to offer apartments at prices and rental yields that are attractive to investors.
We start by looking beyond the obvious, pinpointing properties with potential for remarkable transformation - physically & financially. We are specialist property investors, developers and asset managers focusing exclusively on emerging locations across Inner, Greater & Commuter London.
An innovative, design-led approach to layout makes the most of every inch of space, creating some of the best-value living in town.
Because Inspired Homes is building high specification, high quality living spaces, they really do enable people to ‘live brilliantly’. This means lots of natural light, hardwood floors, big name kitchens and bathrooms, and superfast internet connectivity.
Living area
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So if you’re ready to own your first investment home or are adding to your existing portfolio, contact us to discover how we can turn that into a reality.
Inspired Homes’ Croydon development is close to major transport links – getting you to work, the coast, the countryside or the airport, quickly and smoothly. A new Inspired way of living is coming to Croydon in 2016.
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Inspired Homes
Most InnovativeRedevelopment of an
Existing Building - Green Dragon House
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*Molior London ** Zoopla (August 2014)
1 BED FLAT 2 BED FLAT
INSPIRED HOMES, GREEN DRAGON HOUSE, CROYDON
PRICED FROM £249,950
PRICED FROM £278,950
THE EDRIDGE, CROYDON * PRICED FROM £336,300
PRICED FROM£551,760
AVERAGE NEW HOME PRICE, LONDON ** £639,774 £980,898
Outer London’s rising
*Source: Office for Budget Responsibility 2014**Source: JLL 2014
The Croydon hot spotHousing and rental values are beginning to reflect Croydon’s growing status as a fully-fledged ‘city within a city’ and self-contained destination. The ripple effect from central London strengthens an already golden future for Croydon residents. The arrival of Westfield is an indicator of confidence not only in retail futures but a strengthening community of culture, diversity and connectivity.
As the economy stabilises, Outer London is estimated to see a 31.4% growth in house prices by 2020*. London’s population is growing (by half a million over the next 5 years, it’s predicted**), so first time buyers, as well as those looking to upgrade, will want to invest in affordable, quality property within reach of Central London. Croydon’s connectivity, infrastructure and lifestyle opportunities place it at the heart of this growth.
Croydon, the next big borough
*H D Consultants is an award winning financial services Firm. 2015 Business MoneyFacts “Commended” Buy To Let Mortgage Broker of the Year, 2015 “Finalist” PTFS Quality Firm – BTL Mortgage Firm of the Year, 2013 “Winner” PTFS Buy To Let Broker of the Year. All mortgages are available subject
to status. H D Consultants is an Appointed Representative of Personal Touch Financial Services Ltd., which is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does
not regulate most buy to let mortgages. H D Consultants is a Full Member of the National Association of Commercial Finance Brokers (NACFB) and Association of Bridging Professionals (AOBP).
buy To Let (BTL) is now a well established, viable and performing
investment vehicle, proven over the long term to produce regular income and capital growth. The current headlines are awash with ‘pension freedoms’ and competition from the ‘silver investors’
which will add to the interest and attraction the BTL market holds for seasoned property investors. All BTL’ers need to be quick with their offers and be able to follow up confidently with their finances. H D Consultants is an award winning* firm of Buy To Let mortgage brokers. They have access to a comprehensive range of banks, building
societies and specialist lenders who know the BTL investor marketplace. Supporting the single property owner to the large portfolio owners, H D Consultants have helped thousands of people with millions of pounds of mortgages over 22+ years.
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OUR RECOMMENDED MORTGAGE EXPERT HD CONSULTANTS
BUY TO LET MORTGAGE
FOR WRITTEN QUOTATIONS AND PERSONALISED ADVICE CONTACT
[email protected] OR CALL US ON 01206 577 266
Croydon, your living investment
Green Dragon House
Croydon council
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Queen’s GardensMuseum of
Croydon
Shopping Centre
East Croydon Station
Croydon College
From left to right: Artist’s impression of Westfield Croydon, Park Hill Park, Coffee in Croydon. Birds-eye impression of Westfield Croydon.
designed in the 1960s as an office building in the heart of Croydon, Green Dragon House has been home to a
number of well-known companies over the years. Today, with a change to residential use, the building is being transformed into 119 one and two bedroom apartments. Due for completion in 2016, Green Dragon House will create a new era of stylish, urban living.
This flagship Inspired Homes development is already winning awards for innovation and is designed to raise the bar on our definition of ‘brilliant living’. residents will have privileged access to a 10th floor ‘sky garden’, a 2nd floor roof garden (with table tennis), bike storage and a wifi-ready residents’ lounge with a private room for yoga, meetings and groups. The lobby will include postal boxes, dry cleaning collection and delivery storage, overseen by a dedicated concierge service. There’ll even be a residents’ website and online noticeboard.
Green Dragon House is right in the heart of the original historic centre, a stone’s throw from Matthew’s Yard - a bohemian square full of charm and character. The manicured lawns of The Queen’s Gardens are a block away, while the wide-open space of Wandle Park is just 10 minute’s walk.
The arrival of a £1 billion Westfield centre in Croydon is already changing the fortunes of the area’s population. Expected to receive more than 40 million visits per year, the shopping centre will create 1.4 million square feet of shopping, leisure and office space.
The inevitable halo-effect for Croydon at large - in terms of economics, reputation and demographics - makes Green Dragon House an even shrewder investment opportunity.
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this latest award winning Inspired Homes development consists of 119 apartments with high
specifications throughout. Every home offers an open plan interior designed for modern, luxurious urban living. The latest efficiencies in heating technologies, the UK’s fastest hyperoptic broadband, Sky TV and granite bathrooms are standard.
Green Dragon House also boasts some truly innovative residents’ facilities, including a 10th floor Sky Garden and private yoga room.
One and two bedroom apartments feature hardwood flooring throughout the living areas, granite kitchen worktops, Bosch kitchen appliances, contemporary tiling to kitchens and bathrooms, Villeroy & Boch sanitary-ware, Grohe or Hans Grohe taps and low energy LED lighting.
‘Brilliant Living’ has guided every stage of the development - both physical and financial. The result is a selection of incredible places to live and invest in, now available off-plan with purchases completing in 2016.
Diningarea
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Green Dragon House
Sky garden
Sky garden
Kitchen area
Hardwood flooring
Granite kitchen worktops
Bosch kitchen appliances
Contemporary tiling to kitchens and bathrooms
Villeroy & Boch sanitaryware, Grohe or Hans Grohe taps
Efficient heating system with heat recovery ventilation
‘Smart Thermostat’ technology by NEST
Low energy LED lighting
Hyperoptic broadband – 1 GB connection (fastest in the UK)
BRILLIANT HIGH QUALITY SPECIFICATIONS
Floor plans
1 bed
2 bed
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DEPOSIT£2000 SECURES
THE OFFER
INTEREST SPOTTING THE OPPORTUNITY
CONSIDERATIONCALL US TO DISCUSS
YOUR OPTIONS
WITH INSPIRED HOMES IT’S 7 EASY STEPS TO SECURING YOUR INVESTMENT
OFFER PRICES RISE,
SO THE EARLIER THE BETTER
EXCHANGE A PERIOD OF
28 DAYS
COMPLETION ONCE THE PROPERTY’S READY FOR
OCCUPATION AND ALL IS IN ORDER
OCCUPANCY IT’S YOURS!
WE CAN ALSOHELP WITH RENTALS
AND FURNITURE IF NEEDED.
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FAQ’sGREEN DRAGON HOUSE
1Am I buying as a freeholder or leaseholder? Leaseholder, with a 999
year lease.
2What is the address of the development? 64-70 High Street,
Croydon, CR0 9XN.
3Are there tenants already in place? The apartments are
bought without tenants, as first occupancy.
4 What are the projected annual returns on this build?
See the projections on p.2.
5Can I receive finance on this development?
See Mortgage information on p.5.
7Are there any restrictions if I want to sell? No. The apartments
are bought free and clear and there are no restrictions on selling the contracts. The only contracts that will be assignable before completion - i.e able to sell on before completion - will be those that only pay 5% upon exchange, which therefore incur a 5% premium on the price list.
9What makes Inspired different from other property investment
companies? Inspired Homes are cleverly designed to offer apartments at prices with first-time buyers in mind. An innovative, design-led approach to layout makes the most of every inch of space creating some of the best-value living in town.
8Do I have to make a commitment to purchase a minimum
number of properties? No.
10 How long will my property take to complete?
Estimated completion date for Green Dragon House is 2016.
6Is there a management company in place? JJ Homes will be
managing the building. This is included in the service charge.
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We can also provide legal assistance to accompany the purchases upon request. Please email [email protected] for more information.
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Call us for more information
Most InnovativeRedevelopment of an Existing
Building - Green Dragon House
These particulars are not considered to be a formal offer, they are for information purposes only and to provide an overview of the property. They are not taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care has been taken in their preparation, no liability can be accepted for their inaccuracy. All CGIs shown are representative and for indicative purposes solely. CGIs are artist’s impressions and should be treated as such, final finishes and fixtures may be different to those seen here. Floorplans and dimensions are subject to planning and for guidance only. Layouts are indicative only and are subject to change. Floorplans are not to scale. Intending purchasers must satisfy themselves as to the correctness of these particulars which are
issued on the understanding that all negotiations are conducted through the developer or his agent. These particulars are believed to be correct at the time of issue and any areas, measurements, dimensions, distances or products referred to are indicative only and have been taken from architect’s current drawings which may be subject to change during the course of construction.
In view of continuing improvements policy the detailed specification and/or layouts may change.