Investment Guide
Overview of Development Regeneration Regency Heights, with its stunning selection of studios and 1, 2 & 3 bedroom apartments, is at the heart of the UK s largest regeneration project. Aspiring Londoners, professionals and students will be drawn to this vibrant, exciting area, not just by the amazing transport links, but also the wealth of outdoor spaces, amenities, educational institutions, sport & leisure facilities and more. Regency Heights stands tall and proud in the heart of London s most significant new district. The 26bn Old Oak and Development. An amazing place to live. An even better investment opportunity. 1.3BN HS2 AT OLD OAK COMMON The development has been billed as a transport hub, with connections between HS2, Crossrail and London Overground, with two new overground stations planned for the area. 175M OAKLANDS HOUSING PROJECT QPR and Genesis Housing Association are the developers in charge of the Oaklands project and promise that 40% of the 605 homes being built will be affordable and include social housing. 600M ACTON GARDENS The largest residential regeneration schemes in London, which is transforming the 52-acre site of the former South Acton estate into a vibrant new urban quarter. When complete, the scheme will deliver over 2,500 new homes, with approximately 50% affordable housing. 165M LOAN TO BE CONSIDERED FOR MORE LOCAL HOUSING If approved, the loan will be used to build more homes to meet rising demand in the borough. The council wishes to build new homes over a range of tenures and price points. 2 3
Regeneration Comparables Chairman of the OPDC, Liz Peace, states that Londoners should be thinking creatively about what Old Oak and have to offer. The opportunities will be amazing when you think about the advantages and connections the new transport infrastructure will bring to the area. 7bn contributed to the UK economy every year. Projects in the pipeline Reasons why you should invest in Regency Heights 65,000 new jobs. THE OAKLANDS 605 residential units (40% affordable) GREENFORD GREEN 1,965 residential units 26 billion investment to create the second largest state of the art transport interchange in the Capital with the Crossrail & HS2 connections 1,600 acre regeneration masterplan the largest of its kind in the UK The creation of a brand new district on a scale equalled only by East London s Royal Docks Up to 40,000 new homes New high street and retail centres Two major new 30,000 sqm development sites for Imperial College London Old Oak Common & Park Royal will be the only high speed rail interchange in the UK served by Crossrail and HS2 The new interchange will accommodate around 250,000 passengers daily compared to London Waterloo 60,000 people will be living across the area by 2047. The current population is only 4,000 25,500 new homes. 640+ hectares spanning three London boroughs. Office space Commercial space A new nursery Health facility Communal space Open space Estimated completion 2020 ONE WEST POINT 378 residential units New community Set across 7 different buildings 75% will be available for rent, with the rest for sale Retail and office space New primary school Roof terraces & residents gym Local shops, restaurants & work spaces WESTGATE HOUSE Prices from 299,000 3bn new campus In June 2013 a 30-year vision to transform the old oak common area & park royal into a thriving new district with more than 25,500 new homes and 65,000 jobs. Sadiq khan further commented that Old Oak and is one of the most important regeneration projects in London and is set to be the largest new development in the capital since the London 2012 Olympics and Paralympic Games. for Imperial College London. 2 new super hub railway stations HS2 and Crossrail. Starting prices from 485,000 130,000 more expensive than Regency Heights 2.4 miles from Regency Heights Residents gym & screening room Resident's private bar & lounge Communal Gardens 1.2 miles from Regency Heights Resident gym including steam room and sauna Communal terrace lounge with adjoining screening room 24hr concierge service Estimated completion Q3/Q4 2020* 4 Estimated completion Q4 2021 5
Local Economy Local area employment Local Economy The area within 1km of already attracts a high-end potential tenant base, people that would feel very much at home in one of the aspirational, stylish apartments of Regency Heights. A large workforce means huge potential. Affluent Achievers. 23% of households. The most financially successful people in the UK that live in wealthy, high status areas. Urban Adversity 12% Financially Stretched 16% Comfortable Communities 20% 7.9BN Brent's economy is currently home to 14,500 businesses employing 113,500 people and generates a Gross Value added to the economy of more than 7.9 billion per year Rising Prosperity. 29% of households. Generally younger, well educated, and mostly prosperous singles or couples yet to start a family. Affluent Achievers 23% Rising Prosperity 29% will continue to grow, evolve and intensify to accommodate 10,000 additional jobs and to strengthen its position as a global leading location for industrial and economic innovation that actively supports London s economy. 24% The Borough has experienced strong economic growth in the past five years. The number of jobs has increased by 17%, and the number of businesses by 24% Number of employees An estimated 31,000 people already work in Park Royal, providing an extensive number of possible tenants who would love to live in the stunning, low maintenance, energy efficient homes of Regency Heights. 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 17% 1-9 Micro 23% 10-49 Small 50-249 Medium 42% 250+ Large 31,000 local employees. 58% employed by SMEs. 19 large businesses including: McVities. Bakkavor. Central Middlesex Hospital. Carphone Warehouse HQ. 18% 12% Brent s total population has increased by 12% over the past 10 years. 6th largest population amongst the London boroughs 6 7
Additional employment projects population growth 180 65,000 new jobs. Creating more jobs and opportunities. The building of the HS2 station at Old Oak Common will not only provide part of the infrastructure to support 25,000 new homes, it will help create 65,000 jobs, attracting more people and money to the area. 8 mins drive to HS2 Line at Old Oak Common from Regency Heights Population An increasing tenant base. Understandably, with the creation of so many new jobs and the huge appeal of the regeneration project, the population of will continue to grow, further expanding the base of possible tenants. 198,000 194,000 192,000 190,000 188,000 186,000 184,000 2023 2028. 6.2% population growth over 10 years. 160 182,000 180,000 2018 140 HS2 service commences 120 100 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Number of employees 000s 178,000 176,000 8 9
Home and rental values Price Comparisons House Prices in Park Royal In recent years, the area has seen good increases in home and rental values, even before the regeneration project is finished. The average sold price in park royal has increase by 16.46% over the past year and is set to increase further with the looming Crossrail, HS2 lines and the regeneration of the area. 15% North London property prices are expected to rise by almost 15 per cent over the next five years, adding 32,000 to the price of the average home by 2024 Flat sales values in NW10. Jan 2013 to Jan 2018. One bed up 55%. Two bed up 46%. Three bed up 57%. Flat rental values in NW10. Jan 2013 to Jan 2018. One bed up 13%. Two bed up 8%. Three bed up 17%. The next step towards enjoying a smarter, connected life. Creating unique places where people aspire to live. Fairview New Homes has been building homes for more than 50 years. With headquarters in Enfield, Middlesex, we specialise in designing and creating desirable places to live for singles, couples and young families seeking a stylish, hassle-free home in the capital. Fairview is firmly established as one of the UK s leading housebuilders, a position achieved and maintained by building to quality standards, which is evident in our recent developments: Edition in Colindale, Thirty2 in Hampstead and now Lexicon in Harrow. We have wide experience in building new houses and apartments for modern living, as well as restoring older buildings to create unique living spaces. 10 11
Travel Times Transport Glasgow (220 mins) By HS2 from London Canary Wharf (23 mins) Transport Giving people the travel convenience they crave. Quick access to all London and the world has to offer. Whether tenants at Regency Heights are commuting or travelling for leisure, they ll find it really easy. 4 mins walk from Station* 7 mins walk from Hanger Lane Station* Getting around the World is easy London Heathrow T1, 2 & 3 (38 mins) By air from Heathrow Shanghai (11 hrs 15 mins) Hong Kong (11 hrs 40 mins) Singapore (13 hrs 5 mins) Kings' Cross St. Pancras (31 mins) Leeds (2 hrs 12 mins) Paris (2 hrs 16 mins) Brussels (2 hrs) Leeds (81 mins) By HS2 from London Manchester (67 mins) By HS2 from London Birmingham (49 mins) By HS2 from London Old Oak Common Station (8 mins drive) from Regency Heights Hyde Park (26 mins) London Victoria (29 mins) via the District Line Covent Garden (33 mins) Canary Wharf (49 mins) via Jubliee Line London Gatwick (78 mins) By tube, train and walk from Heathrow Central (18 mins) Liverpool Street (16 mins) Bond Street (9 mins) Paddington (6 mins) Westfield London (8 mins) & bus Bond Street (21 mins) Oxford Circus (22 mins) Bank Station (31 mins) Liverpool Street (34 mins) 41 Crossrail stations. Serving 200m people p/a. 42bn benefit to the UK economy. High Speed 2 (HS2). The HS2 trains can travel up to 400km/h, giving passengers super quick access to Birmingham, then on to Manchester and Leeds once Phase 2 is complete. 25 stations. Connecting 30 million people. 92bn benefit to the UK economy. West coast main line towards Glasgow & Edinburgh Even greater travel flexibility in the future. Close to Regency Heights is the only place where the forthcoming Crossrail and HS2 stations meet, Old Oak Common station. Due to be completed in 2026, it will provide local residents with a truly world-class transport interchange. Leeds Manchester Piccadilly Birmingham Curzon Street Manchester Airport East coast main line towards Newcastle East Midlands Hub Birmingham Interchange Old Oak Common London 5 mins Drive from Crossrail line at Acton Main Line from Regency Heights* Crossrail. Crossrail, also known as the Elizabeth Line, will stop at 41 stations (including 10 newly-built ones), giving even easier access to Central London and beyond. HS2 line (Phase One) HS2 line (Phase 2a) HS2 line (Phase 2b) HS2 services on existing network New station (Phase One) New station (Phase 2b) Key: HS2 Crossrail Line Piccadilly 12 Line Line 13 *All journey times are approximate. Sourced via Trainline.com, Heathrow.com and TFL.gov.uk Central Line
Education Education New 3BN White City Campus White City Campus is Imperial's major new campus in west London, bringing together world-class researchers, businesses and partners from academia to work, share ideas and turn cutting-edge research into benefits for society. 50M into building "Scale Space, a 200,000 sq ft new technology and innovation centre due to open in 2019. As well as providing space for new, high growth technology companies the 50million space will house parts of Imperial and many of Blenheim Chalcot s businesses, which currently include Agilisys, ClearScore, SalaryFinance, Fospha and Modulr. 200 New Homes 250M Research & Translation Hub 70 Already providing space to 70 start-up and spin-outs home to DNA Electronics and the London base of Europe s EIT ICT Labs 3BN New 25-acre White City Campus. The College s aim for its new development is to give academics and students a place to collaborate with the entre preneurs, investors, techexperts and creatives who are driving London s international eminence. An intelligent investment. London is home to four of Europe s top 10 mostsuccessful universities and many other highereducational institutions. Just some of these are listed here, all of which can be reached in around an hour* from Regency Heights, making the development extremely attractive to students and investors. *Journey times approximate from Regency Heights development. Sources: Google maps and tfl.gov.uk No1 World's number 1 International student city. London is home to over 100,000 international students from over 200 different nations, the most popular student city in the world. Average Journey Times University of West London 4 minutes to Ealing Common Imperial White City Campus 33 minutes from Regency Heights University of Westminster 22 minutes to Oxford Circus Imperial College 23 minutes to South Kensigton University of the Arts London (UAL), London College of Fashion 26 minutes to Holborn University College London (UCL) 33 minutes to Green Park Kings' College 36 minutes to Temple West Middlesex University Hospital 30 minutes via Bus Stop R Turnpike Way London School of Economics (LSE) 26 minutes to Holborn Brunel University 38 minutes via Kingston Lane Bus Stop University of the Arts London (UAL), Central Saint Martins 57 minutes from Regency Heights City University London 27 minutesto Chancery Lane 14 15
Regency Heights Lakeside Drive,, London NW10 7HQ Telephone: 0208 0236060 regency-heights.com Fraser & Co New Homes Team Telephone: +44 (0)20 7723 1284 Email: Newhomes@fraser.uk.com fraser.uk.com Disclaimer: These particulars are compiled with care to give a fair description but we cannot guarantee their accuracy and they do not constitute an offer or contract. This Investment Guide has been created in line with the original brochures and therefore the developer reserves the right to alter any specifications and floor plan layouts without prior notice. All journey and walking times stated are approximate, source tfl.gov. uk, crossrail.co.uk, HS2 and google.co.uk. Interior and exterior images are computer generated and are shown for illustrative purposes. Images shown depicting lifestyle facilities are also for illustrative purposes only.