ROYAL VICTORIA RESIDENCE, ROYAL VICTORIA DOCK, LONDON E16

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1 Rising above London s historic Royal Docks, with expansive views of Canary Wharf and the city beyond, Royal Victoria Residence offers a luxury lifestyle in an exceptionally well-connected location within close proximity to landmark projects such as ExCel London, Silvertown Quays, Royal Wharf and the forthcoming Asian Business Port. LOCATION Royal Victoria Residence Tidal Basin Road Royal Victoria Dock London E16 1AD PRICES 2 beds from 660,000 3 beds from 890,000 (Subject to Contract) LOCAL AUTHORITY London Borough of Newham NET INTERNAL FLOOR AREAS 1 bed 652 sq ft (60 sq m) 2 beds sq ft (82-86 sq m) 3 beds 1384 sq ft (129 sq m) TENURE Leasehold GROUND RENT 1 beds 350 p.a. 2 beds 400 p.a. + parking 50 p.a. 3 beds 450 p.a. + parking 50 p.a. VENDOR City & Docklands partnered with IP Global Ltd SERVICE CHARGE 4.04 per square foot, estimated. WARRENTY 10 year NHBC or similar ANTICIPATED COMPLETION Q PARKING 28 car parking spaces at 30k offered on a first come basis only for 2-3 bed purchasers. Page 1 of 14

2 GENERAL SPECIFICATION GENERAL High quality solid core veneered lush front door Bespoke solid core internal doors with chrome furniture All with balcony, terrace or sun lounge Feature architrave and skirting Engineered oak flooring to living rooms and hallways Underfloor heating KITCHENS Exclusive custom design and finishes Fully fitted with integrated appliances to include: - Oven with touch sensitive ceramic hob, extractor - Fridge/freezer, dishwasher and combination microwave - Integrated or freestanding (cupboard) washer/dryer Downlighting and feature lighting within high level units Engineered wood flooring BATHROOMS Quality sanitaryware with chrome finishes Heated towel rail Ceramic floor tiling to bathrooms, en-suite and shower rooms Full height glass shower screens BEDROOMS Each with wardrobe and quality fully fitted carpet ELECTRICAL Recessed chrome downlighting Scene setter dimmer control Brushed steel switch and socket plates Telephone and home network points to living room and bedrooms Sky plus HD satellite connections to principal living room and bedrooms (subject to subscription) *Computer Generated Image SECURITY Video entryphone security (cost forms part of the service charge) CCTV security to car park, entrance lobby and grounds 24-hour concierge services Mains operated smoke detectors to apartment hallways and communal areas Page 2 of 14

3 COMPUTER GENERATED IMAGES Page 3 of 14

4 COMPUTER GENERATED IMAGES Page 4 of 14

5 TRANSPORT LINKS UNDERGROUND, DLR & RAIL UNDERGROUND MAP ROYAL VICTORIA STATION (DLR) CANNING TOWN STATION (JUBILEE LINE) CUSTOM HOUSE STATION (CROSSRAIL) Source: Distance: 364 feet* Walking time: 2 minutes walk* from Royal Victoria Residence Seagull Lane Exit *Source: Walking times/distances from Source: Distance: 364 feet* Walking time: 2 minutes walk* from Royal Victoria Residence Seagull Lane Exit *Source: Walking times/distances from Source: Source: Distance: 0.6 mile* Walking time: 1 minutes walk* from Royal Victoria Station *Source: Walking times/distances from Average Journey Times from Royal Victoria DLR Custom House Station 1 minute (Crossrail) Canning Town Station 2 minutes Canary Wharf Station 5 minutes Poplar Station 7 minutes Stratford Station (Westfield) 8 minutes Bow Church Station 13 minutes London City Airport Station 15 minutes Average Journey Times from Canning Town (Jubilee line) Station North Greenwich 2 minute Canary Wharf 4 minutes Stratford (Westfield) 5 minutes Southwark Station 12 minutes Waterloo Station 13 minutes Westminster Station 13 minutes Average Predicted Journey Times from Custom House Station Canary Wharf 3 minutes Stratford (Westfield) 12 minutes Tottenham Court Road 15 minutes Paddington Station 20 minutes Heathrow Airport (T123) 45 minutes *Source: Crossrail journey times from Page 5 of 14

6 CROSSRAIL *Computer Generated Image The new Crossrail Custom House station is the only Central Section surface station. It is located in East London, one stop from Canary Wharf, lies to the north of the Royal Victoria Dock, and is at the junction of Victoria Dock Road and Freemasons Road. The station will welcome regional and international visitors to London s largest conference centre ExCeL, and create a transport interchange with DLR and local buses, providing further benefits such as enabling reduced journey times to ExCeL and London City airport for people coming from the West and reduced journey times to central London for those in the East. The new station will replace the disused North London Line station and comprises: A new 24-hour public route from Custom House to ExCeL and the Royal Docks; and The Crossrail station itself, an elevated and canopied concourse above an island platform. The new station entrance is on the western corner of Freemasons Road and Victoria Dock Road, on the site of the former Barge public house and will provide the entrance to both the Crossrail and DLR platforms. Page 6 of 14

7 EMIRATES CABLE CAR & NORTH GREENWICH PIER ACCESS Emirates Airline Cable Car just 30 seconds walk from Royal Victoria Residence to the Emirates Airline cable car linking to Greenwich Peninsula and the O2 Arena. The Emirates Air Line carries 2500 passengers an hour and crosses the River Thames giving a unique view between two of the biggest entertainment exhibition venues in Europe: the O2 at Greenwich Peninsula and the ExCel at Royal Docks, virtually adjacent to the apartments at Royal Victoria Residence. The service is also a showcase for Transport for London, offering an exceptionally low emission form of public and flights are approximately 10 minutes each way with cabins arriving every 30 seconds. River Buses from North Greenwich Pier To the east of the O2 (previously the Millennium Dome) on the Greenwich peninsula in south-east London is a pier on the River Thames which runs River Buses and Tours to destinations such as Canary Wharf, Tower Bridge and the London Eye. The pier was formerly named QEII Pier after Queen Elizabeth II, reigning monarch of the United Kingdom. Page 7 of 14

8 LONDON UNIVERSITIES AND COLLEGES Canary Wharf College 197 East Ferry Road London E14 3BA 2.5 miles 7 mins drive* Closest station: Mudschute DLR 19 minutes from Royal Victoria DLR Station* University of East London University Way London E16 2RD 3.6 miles 9 minutes drive* Closest station: Gallions Reach DLR Station 9 minutes from Royal Victoria DLR Station* Queen Mary, University of London Mile End Road London E1 4NS City University Northampton Square LondonEC1V 0HB 4.6 miles 14 minutes drive* Closest station: Mile End Station 15 minutes from Royal Victoria DLR* 6.3 miles 21 minutes drive * Closest station: Angel Station 19 minutes from Royal Victoria DLR Station* London Southbank University 103 Borough Road London SE1 0AA 6.3 miles 19 minutes drive* Closest station: Elephant and Castle Station 15 minutes from Royal Victoria DLR Station* Kings College London Strand London WC2R 2LS 6.4 miles 18 minutes drive* Closest station: Temple Station 24 minutes from Royal Victoria DLR Station* London School of Economics Houghton Street LondonWC2A 2AE 6.7 miles 20 minutes drive* Closest station: Holborn Station 24 minutes from Royal Victoria DLR Station* University College London (UCL) Gower Street London WC1E 6BT London Metropolitan University Holloway Road London N7 8DB 7.5 miles 24 minutes drive* Closest station: Warren Street Station 21 minutes from Royal Victoria DLR Station* 7.5 miles 23 minutes drive* Closest station: Holloway Road Station 24 minutes from Royal Victoria DLR Station* *Source: for average underground journey times from Royal Victoria DLR Station. * Source: Walking and driving times from & Page 8 of 14

9 AREA INFORMATION THE O2 ARENA O2 Arena 4 minutes DLR journey* from Royal Victoria Station. The O2 arena, referred to as North Greenwich Arena in the context of the 2012 Summer Olympics and 2012 Summer Paralympics, is a multi-purpose indoor arena located in the centre of The O2, a large entertainment complex on the Greenwich Peninsula in London. It is named after its main sponsor, the telecommunications company O2. The O2 Arena has the second-highest seating capacity of any indoor venue in the UK, behind the Manchester Arena, but took the crown of the world's busiest music arena from New York's Madison Square Garden in The closest underground station to the venue is the North Greenwich station on the Jubilee line. Page 9 of 14

10 AREA INFORMATION CANARY WHARF Canary Wharf - 5 minutes journey* on the DLR from Royal Victoria Station. Canary Wharf with its iconic skyline is a beautiful and modern part of London and home to a major business and financial district including many of Europe s tallest buildings, one of the most well-known being One Canada Square. Canary Wharf contains around 14,000,000 square feet (1,300,000 m 2 ) of office and retail space, of which around 7,900,000 square feet (730,000 m 2 ) is owned by Canary Wharf Group. Around 105,000 people work in Canary Wharf and it is home to the world or European headquarters of numerous major banks, professional services firms and media organisations. *Source: for average underground journey times from Royal Victoria DLR Station. Page 10 of 14

11 AREA INFORMATION ASIAN BUSINESS PORT Asian Business Port 10 minutes walk* from Royal Victoria Residence Royal Albert Dock will become home to a unique 35 acre development site in London as this area will become London s centre for Asian business with a sizable business park developed by Chinese developer Asian Business Port. This new district with 1 billion investment will become the new gateway to Europe for business from Asia with a number of Chinese and other Asian companies basing their HQ s in Royal Albert Dock. The development will also include residential and retail space with this unique cluster of businesses becoming a magnet for other European and UK companies. Masterplan to become London s third major business district 1 billion of investment to create the new Asian Port The Mayor claims the development will be worth 6bn to the capital s economy Creation of 20,000+ new jobs and 1000 new homes The project is the biggest real estate development delivered in the UK by a Chinese construction company A landmark and global magnet for investment Page 11 of 14

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13 COUNCIL TAX BANDS FOR 2015/ BAND A BAND B BAND C BAND D BAND E BAND F BAND G BAND H DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACTS 1. Passport 2. A current utility bill (not mobile phone) or bank statement showing name and home address. I neither document can be provided then: a) An Inland Revenue letter/demand b) A letter from employer stating home address PURCHASER LEGAL FEES Legal fees will be in the region of VAT + Disbursements for property sales up to 500,000 Legal fees will be in the region of VAT + Disbursements for property sales up to 650,000 Legal fees will be in the region of VAT + Disbursements for property sales above 650,000 OTHER ASSOCIATED BUYING FEES 1. Non-refundable reservation fee of payable to reserve the property 2. 10% of the purchase price payable within 14 days to exchange 3. A further 5% of the purchase price payable within 6 weeks from exchange 4. Balance of 85% payable on completion STAMP DUTY From 4 th December 2014, Stamp Duty Land Tax (SDLT) rates will be applied on a graduated basis. For more information, go to: PROPERTY SDLT (normal rate) SDLT (additional property) on the first 125,000 0% 3% on the next 125,000 (the portion from 125,001 to 250,000) 2% 5% on the next 675,000 (the portion from 250,001 to 925,000) 5% 8% on the next 575,000 (the portion from 925,001 to 1.5 million) 10% 13% on the rest of the remaining amount (the portion above 1.5 million) 12% 15% Page 13 of 14

14 SELLING AGENT IMPORTANT NOTICE & DISCLAIMER (i) The information contained in this document has been prepared as a general guide only, from sources we believe to be reliable and we cannot verify its accuracy. Therefore, it must not be relied upon as statements or representations of fact; we cannot make any guarantee, warranty or representation about it. (ii) These details are not intended to constitute or from part of a contract and we have not carried out a structural survey of the Property and the fittings, services and appliances have not been tested. (iii) Where we have provided information, views or responses e.g. measurements, photographs, areas, virtual tours, floor plans and distances they are based on the source information we have received and are given as a guide only and should not be relied upon; there is a possibility of errors, omissions or changes without notice and they may not represent current or future performance of the property. You and your advisors should conduct your own review and investigate before relying on the information in this document. (iv) It must not be assumed that contents photographed are included in the transaction unless specified and assumptions should not be made regarding areas not photographed. (v) Any details of lease, service charge and ground rent are given as a guide and should be confirmed by your solicitor prior to exchange of contracts. (vi) The copyright of these property particulars including all photographs and floorplans remain exclusive to Regents Residential. Page 14 of 14