Princes House SLOUGH, BERKSHIRE www.oneinvestments.co.uk www.oneinvestments.co.uk 1
Princes House SLOUGH, BERKSHIRE 3 Capital growth in 41 16 19% minute walk to Train Station and Elizabeth Line Crossrail chic modern apartments minutes to London Paddington 2 www.oneinvestments.co.uk 3
CONTENTS 1. Introduction 2. Princes House 3. Slough, Berkshire 4. Business in Slough 5. Crossrail 6. The Investment 7. One Investments 8. Contact 4 www.oneinvestments.co.uk 5
Officially the hottest property market in the UK According to data released by land registry Slough registered the highest house price growth in the UK up to year end March 30th 2016 at 19%. 6 www.oneinvestments.co.uk 7
Princes House: At the heart of the UK s hottest property market A conversion of 41 chic apartments located at the heart of Slough s town centre just 0.2 miles from the train station and new Elizabeth Line, Crossrail Station. 8 www.oneinvestments.co.uk 9
SLOUGH: A PRIME LONDON COMMUTER BELT TOWN Princes House is a short drive from the M4 - The main artery connecting London to the West of England. The M25 London Circular is under 4 miles away, London Heathrow Airport is under 7 miles away and other airports such as Gatwick, Luton and Birmingham all within an hour s drive. Why Slough? Highest house price growth in the UK 2015 2016 (Land Registry) Top 3 rental hotspots in the UK (CBRE) 16 minutes to London Paddington Less than 7 miles from Heathrow Airport 1 Billion The Heart of Slough regeneration program currently underway Crossrail: Opens 2019 connecting Slough to the City (30 mins) and Canary Wharf (44mins) Increase in values due to Crossrail, estimated to be 60% by 2021 Easy access to major motorway network Strong rental market, Slough is home to 4,600 organisations Luton A1 M11 M1 Aylesbury Harlow Colchester Oxford M40 Chelmsford Slough London Southend on Sea M4 Reading Windsor M25 Guildford Croydon Maidstone M3 M20 M22 Southampton Worthing Brighton Hastings Eastbourne M2 Dover Princes House is a five minute walk to the train station, enabling you to get trains to London Paddington in 16 minutes and Heathrow Airport in 33 minutes. In 2019, Crossrail will connect Slough directly to the heart of London and it s main financial centres. By 2020, the Western Rail Access to Heathrow will connect the airport to Slough within 6 minutes. 10 www.oneinvestments.co.uk 11
The Heart of Slough is a 1 Billion regeneration of the town centre overseen by the Slough Borough Council. Amongst the largest town centre regenerations in the UK the Heart of Slough includes the Commercial Quarter (pictured) including over 70,000 sq.ft. of Grade A Office space, a 5* bed hotel, retail and leisure opportunities next to the new Crossrail station. 12 www.oneinvestments.co.uk 13
14 www.oneinvestments.co.uk 15 TESCO EXTRA EMPIRE MULTIPLEX CINEMA QUEENSMERE SHOPPING CENRTE HIGH STREET THE CURVE THE HEART OF SLOUGH COMMERCIAL QUARTER SLOUGH BUS TERMINAL SLOUGH TRIN STATION & CROSSRAIL LINK THAMES VALLEY UNIVERSITY SQUARE PRINCES HOUSE
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Princes House SLOUGH, BERKSHIRE A collection of chic apartments at the heart of Slough s town centre, Princes House offers a urban lifestyle fitting for the city professional. 18 www.oneinvestments.co.uk 19
Princes House SLOUGH, BERKSHIRE The interior of each apartment at Princes House has been purposefully designed to create an urban sanctuary for today s city professional timeless design that will charm year after year. 20 www.oneinvestments.co.uk 21
Princes House SLOUGH, BERKSHIRE Modern, chic and slick, Italian designer style fitted kitchens with a range of designer appliances. 22 www.oneinvestments.co.uk 23
Princes House SLOUGH, BERKSHIRE Luxury bathrooms come complete with contemporary chrome taps, towel warmers and ceramic flooring. 24 www.oneinvestments.co.uk 25
Specifications: Spacious and high specification apartments Wooden flooring through-out Open plan living area Outdoor and Indoor Living Italian designer style kitchens with beige gloss trim and chrome ironmongery Integrated Fridge and Freezer Fitted hob, oven and cooker hood Luxury modern bathrooms Ceramic floors to bathroom Wooden flooring through-out Built in wardrobes Double glazed windows 10 year warranty 26 www.oneinvestments.co.uk 27
Princes house is located at the heart of Slough s town centre just 0.2 miles from the train station and new Elizabeth Line, Crossrail Station. A short Bath Road 3 min 5 min walk will take you to The Queensmere Shopping Centre boasting over 120 stores, restaurants and bars Walk on to Slough s bustling High Street A4 Slough Library & Art Museum The Curve Wellington St. Shopping Centre Tesco Extra Sainsbury s A412 where you will find the best of British retail, international coffee shops and independent eateries.. Pick up your essentials from the 106,000 square foot 24 hour Tesco Extra Superstore and head over to the Slough Arts Museum A355 Slough Town Centre for a cultural afternoon. and all within walking distance. A332 London Road M4 Jubilee River Upton Court Park Amongst the largest town centre regeneration schemes in the country, Heart of Slough is a 450 Million master plan including a new library, shopping centre, museum, cultural centre and a brand new modern bus transportation centre which is now fully operational (pictured above). 28 www.oneinvestments.co.uk 29
SLOUGH, London Lying 16 minutes away, London s list of attractions includes Buckingham Palace, Tate Modern, London, Eye, Madame Tussauds and so much more. BERKSHIRE Eton College Windsor Castle 2 miles from the centre of Slough is Eton College. Founded in 1440 by King Henry VI Eton has been attended by Prince William, Prince Harry and 19 British Prime Ministers. Visit the Queen s Official Residence, see the changing of the guard and see Queen Mary s Dolls House, a masterpiece in miniature. At The Races Located in the Royal Borough of Berkshire the town of Slough and its neighbouring attractions offer a wealth of entertainment options. From the Royal Borough of Windsor with its shops, nightlife, famous castle and relaxing walks along the River Thames, to the exciting sights and sounds of central London, lying just 16 minutes away by train. Eating and Shopping There is fine dining in independent restaurants, and fast food chains for people on the move. There is always somewhere to take a client for a business lunch. Enjoy traditional pub grub, food from India and the subcontinent, Italian, Mediterranean and East Asian dining experiences. Ascot and Windsor Racecourses offers racing events throughout the year, providing both jump racing, flat racing, and Royal Ascot in June. There is something for everyone here; family trips to Thorpe Park and Legoland Windsor, to exciting days at Ascot Races or a relaxing day at Stoke Park Country Club and Spa. Slough also boasts some of Britain s best transport links, which means the entertainment is never far away. On the high street, you will find Debenhams, Marks & Spencer, Boots and much more. Slough also have two indoor shopping centres, The Queensmere and Observatory, and a selection of independent and specialist shops. 30 www.oneinvestments.co.uk 31
SLOUGH MEANS BUSINESS Highest concentration of European headquarters in the UK 8 Billion turnover 700 million of output in manufacturing Continued growth in service sector jobs The Thames Valley is the 10th most promising region in Europe for inward investment (and 3rd in the UK), while Slough is 3rd for infrastructure, in FDi Intelligence s European Cities & Regions of the Future report 87,000 jobs in approximately 4,600 businesses 77% of 16 to 65 year olds in work 7,000 manufacturing jobs Average weekly salary of 616 (that is above the South East and UK average) Companies Headquartered in Slough include, Mars, BlackBerry, McAfee, Computer Associates, PictureTel, Compusys and Telefonica O2. Located to the West of London just outside the M25, Slough is one of the top three most productive towns in the UK outside of London and home to some of the best known names in business including Amazon, Honda, O2, Mars and Research in Motion. The town is currently under-going a 1 Billion regeneration program and was named as Britain s boomtown, by The Observer. Home to the highest concentration of European Headquarters in the UK and the third most productive town in the UK, contributing approximately 8bn to the National economy; double the UK average - Slough really does mean business. 32 www.oneinvestments.co.uk 33
CROSSRAIL THE PROPERTY IMPACT Crossrail could help create 5.5 billion in added value to residential and commercial real estate along its route by 2021, according to research for Crossrail by GVA. Crossrail is among the most significant infrastructure projects ever undertaken in the UK. From improving journey times across London, to easing congestion and offering better connections, Crossrail will change the way people travel around the capital. Crossrail will support the delivery of over 57,000 new homes and 3.25 million square metres of commercial space. Commercial office values around Crossrail stations will increase over the next decade, with an uplift of 10 per cent in capital value above an already rising baseline projection. Residential capital values are projected to increase immediately around Crossrail stations in central London by 25 per cent, and by 20 per cent in the suburbs, again above a rising baseline projection. The 15 Billion Crossrail high-speed rail service will not only provide millions with increased connectivity into the capital, but it will send house-prices along its route skyrocketing, new figures show. Crossrail, the high frequency commuter service connecting London and its environs, is Europe s largest infrastructure project. It will bring 1.5 million more people within a 45 minute commute of the capital and will link London s key employment, leisure and business districts Heathrow, West End, the City, Docklands enabling further economic development. The project includes radical improvements to 37 stations as well as the urban environment around them. When it s finished, 200 million people a year are expected to use the route. 34 www.oneinvestments.co.uk 35
MAP KEY FACTS High speed trains 24 trains an hour 40 stations 42km of new tunnels 100km of new track 200 million passengers a year GBP15.9 billion to build 5.5 billion in added value to real estate GBP42 billion in economic benefit 35 BN ADDED TO THE RESIDENTIAL PROPERTY SECTOR Since Crossrail received the go-ahead, price increases around its host stations have exceeded our original estimates. By the time the first Crossrail stations are operational it will have added 35bn to the residential property sector. Commutin times will be slashed as house prices continue to soar along the newly named elizabeth 36 www.oneinvestments.co.uk 37
INVESTMENT The 60 per cet increase club ( ): 2014 av. 2020 predicted Burnham 255,056 408, 090 5 Year Investment Case to 2021. Maidenhead 264,246 422,794 Taplow 254,508 407,213 2 bedroom apartment 300,000 Langley 179,000 286,400 NET Rental Return 2018: 12,840* Slough 165,144 264,230 NET Rental Return 2019: 15,648** Based on emoov market evaluations Source : emoov NET Rental Return 2020: 16,490.40*** NET Rental Return 2021: 17,374.92*** NET Rental Return 2022: 18,303.66*** NET Income over 5 Years: 80,656.98 50% Price uplift on Purchase Price: 150,000 Total Projected Income over 5 Years: 230,656.98 As affordability becomes even more constrained in London, demand will spill out to commuter towns like Slough and Reading. High projected population growth will be coupled with high household disposable income growth. Above average house price increases will improve total returns for residential investors. Regional Rental Market Report. Projected ROI Over 5 Years: 76.89% Projected Annualised NET ROI: 15.38% *Rental return less management costs at 10%, service charge and ground rent. ** 20% rental growth to 1560 PCM in line with opening of Crossrail. *** Steady 5% rental growth per annum. PROPERTY PRICES RISE BY 60% Houses in the same postcode as Crossrail stops in Burnham, Maidenhead, Taplow, Langley and Slough will jump 60 per cent in value, with prices expected to increase by up to 160,000 in the next four years. Source: emoov Research Recommended Management Company SL1 Management & Lettings SL1 Lettings are a management and lettings company based in Slough specialising in the management and lettings of city centre properties to young professionals and city workers. SL1 s team have a wealth of experience in the London property market and have recently turned our attention to the Slough town centre market to offer our unparalleled service in this growing market. SL1 pride ourselves in providing an all encompassing lettings and property management service ideal for arm-chair buy to let property investors. SL1 - A valued service. www.sl1lettings.com 38 www.oneinvestments.co.uk 39
ONE INVESTMENTS One Investment are a diversified national Real Estate, Private Equity and Development firm. With a focus on London and Commuter Belt property we have overseen transactions of over 50 Million in 2015 including the 8 Million ibis Styles, London, Greenwich North. 40 www.oneinvestments.co.uk 41
PREVIOUS PROJECTS: IBIS STYLES HOTEL LONDON, GREENWICH NORTH An 8 Million ibis Styles hotel development in a prime location on the Greenwich Peninsula in London. The hotel is currently under construction with completion set for Q1 2017. SAPPHIRE COURT SLOUGH HIGH STREET A commercial to residential conversion to create collection of 16 modern apartments, 4x Studio, 9x 1 Bedroom apartments and 3x 2 Bedroom apartments on Slough High Street completing in June 2016 42 www.oneinvestments.co.uk 43