Marlborough House is a contemporary project in Central London location of 18 units comprising studio, 1 and 2 bedroom apartments arranged over 2 nd and 3 rd floors. Developer English Rose Estates Building Insurance 10 Year Global Homes Building Warranties Location Anticipated Completion Q2 2016 Local Authority London Borough of Camden Tenure 250 years from completion Page 1 of 7
DEVELOPMENT 18 units of luxurious collection of Studio, 1 & 2 bedroom apartments arranged over 2/F & 3/F Outstanding design with high quality specification and craftsmanship Easy access to many London s leading universities, colleges and schools Page 2 of 7
LOCAL AREA TRANSPORT LINKS Marlborough House is ideally located with easy access to central London 1 min walk to Finchley Road tube station (Jubilee and Metropolitan line) Oxford Street and Regent Street also both within easy reach with their large stores and well known shops Minutes walk to West Hampstead and Swiss Cottage, offering wide range of restaurants, cafes and amenities Close by the lovely green open space of Primrose Hill and Regents Park, offering spectacular views across London 5 mins walk to Swiss Cottage tube station (Jubilee line) By tube / DLR (From Finchley Road Jubilee Line &Metropolitan line) Baker Street 6 mins Bond Street 8 mins Westminster 12 mins Oxford Circus 12 mins Heathrow Express (Paddington) 12 mins Eurostar Terminal (Kings Cross St Pancras) 14 mins Victoria 18 mins Covent Garden 19 mins Bank 22 mins Canary Wharf 23 mins Travel times and distances are approximate only. www.tfl.gov.uk. Source Page 3 of 7
APARTMENT MIX (18 Apartments) Studio 1 Bed 2 Bed Total 2/F 4 4 1 9 3/F 4 4 1 9 Total 8 8 2 18 Page 4 of 7
LONDON UNIVERSITIES AND COLLEGE Time / Tube Time / Tube London Business School Marylebone, London W1 6 mins / Baker Street London School of Economics Houghton Street, London WC2 17 mins/ Holborn University of Westminster Baker Street, London NW1 12 mins / Oxford Circus King s College Strand, London WC2 21 mins/temple Central St Martins King s Cross, London N1 14 mins / King s Cross Imperial College South Kensington 23 mins / South Kensington University College London Gower Street, London WC1 20 mins / Euston Travel times and distances are approximate only (Station to Station). Source www.tfl.gov.uk.&maps.google.com Page 5 of 7
ESTIMATED SERVICE CHARGE 3.50 per sq ft p.a. GROUND RENT Studio 300 p.a. 1 Bed 300 p.a. 2 Bed 400 p.a. STAMP DUTY LAND TAX (SDLT) Value Band Tax Rate Up to 125,000 0% Over 125,001 to 250,000 2% Over 250,001 to 925,000 5% Over 925,001 to 1.5 million 10% Over 1.5 million 12% Source: https://www.gov.uk/government/collections/autumn-statement-2014-hm-revenue-and-customs Information correct as at 4 December 2014 COUNCIL TAX (2015/16) Tax Band Market value (April 1991) London Borough of Camden (Based on 2 occupants within the Property) A Up to 40,000 891.21 B 40,001 to 52,000 1,039.74 C 52,001 to 68,000 1,188.27 D 68,001 to 88,000 1,336.81 E 88,001 to 120,000 1,633.88 F 120,001 to 160,000 1,930.95 G 160,001 to 320,000 2,228.02 H 320,001 and above 2,673.62 Source: www.camden.gov.uk. Information correct as at 18 February 2013 (Year 1 April 2012 to 31 March 2013) Page 6 of 7
PAYMENT TERMS 1. A non-refundable booking deposit of HKD30,000 is payable on reservation/exchange of contract 2. 10% of the purchase price, less booking deposit paid, payable within 14 days from reservation to exchange contracts 3. Balance 90% of the purchase price payable upon completion DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT 1. Passport copy / ID card 2. Two utility bill copies or bank statement copies with buyer s name and address. If neither document can be provided then: - a. An Inland Revenue demand or b. A letter from employer stating home address. Please be advised that the solicitors must see the original copies of the above. CONVEYANCING FEES 1,500 plus VAT and disbursements ASSIGNMENT Contracts are assignable VENDOR S SOLICITOR Fuglers Solicitors 70 Charlotte Street London W1T 4QG Jon Pope Tel: 44 20 7323 6450 Email: clairel@fuglers.co.uk RECOMMENDED PURCHASER S SOLICITOR Newtons Solicitors 22 Fitzjohn s Avenue London NW3 5NB Richard Schmidt Tel: 44 20 7435 5351 Mob: 44 7774 924 645 Email: rmschmidt@newtonlaw.co.uk Page 7 of 7