Stratford Brochure

160 – 188 HIGH STREET STRATFORD LONDON

160-188 HIGH STREET - STRATFORD 160-188 HIGH STREET STRATFORD A distinct marker development providing a mixture of commercial space and 275 residential units on this key corner site at the junction of High Street Stratford and Warton Road; an important corridor into Stratford town centre. The development also forms a 'gateway' route to the Olympic proposals for 2012 and re-defines the commercial frontage at street level making a significant contribution to the regeneration of the area.

Why Stratford? • • •

•

£2.375 Billion spent on regenerating area and on Olympic Games – largest ever regeneration project in UK. Stratford City is situated on a 73-hectare Brownfield site around the new Eurostar terminal. It is the biggest planning application ever approved within the M25 region. Stratford City will comprise 4,500 new homes, 2,000 hotel rooms, three department stores and swathes of public space. In addition, it will include 5m square feet - roughly the same as Canary Wharf - of commercial space and a 1.5m square foot retail and leisure space, equivalent to Lakeside Shopping Centre. Such is the scale of the project, which the developers hope will secure planning permission by next April, it's scheduled to take 15 years to complete. After the games, 9,000 houses will be built in or around the Olympic Park in east London as part of a 20-year program to bring in 40,000 new homes.

LOCATION 160-188 High Street Stratford London E15

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD ELEVATIONAL PLAN

DEVELOPMENT LAYOUT

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD APARTMENT SPECIFICATIONS

Wall Finishes: • • •

Wall tiling generally is to be 100 x 100 mm glazed tiles colour to be selected by the Employer. Bathrooms are to be fully tiled. Kitchens – Granite splash back to extend to the underside of wall units.

Floor Finishes • • • • •

Softwood skirtings Bathrooms have non-slip 6mm Ceramic floor tiling with skirting to match Kitchens will have granite floor tiles to match work tops. Bedrooms will be carpeted throughout Hall and Lounge to be fitted with 15mm thick, 180mm wide engineered 3 strip oak floor board, laid on resilient layer.

Kitchen Fittings Installed Kitchen units, with Chipboard carcass and veneer finish. Stainless steel extract hood, stainless steel integrated electric hob, stainless steel oven and grill, integrated dish washer, integrated fridge freezer, integrated washing machine. Stainless steel sink 1 ½ bowl with chrome finished mixer tap, waste disposal unit. Non integrated microwave. Bathroom Sanitary Fittings: • • • • • • • • •

W.C. cisterns and pans, basins and pedestals to be in glazed vitreous china Shower screen door chrome and safety glass Extractor fan activated by light switch Chrome finished shaving socket Toilet roll holder Vitreous china shower tray Shower assembly complete with matching chrome finished sliding rail for shower head Tiled shelf over wash hand basin Heated towel rails to bathrooms

Other Fit Out: • • • •

Front doors to be pre-finished Oak Internal doors to be pre-finished oak flush door sets Skirtings, finished in gloss paint Electrical installations – face plates to sockets and switches generally in brushed chrome finish

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD PRICELIST

Apt. No 03

Floor 4

Bed 2

Bath 1

Recep 1

Balcony Yes

SQ M 62.9

SQ FT 677

Parking No

Price £396,500.00

STRUCTURE OF THE SALE Legal Completion Deposit Exchange

: : :

Tenure Service Charge / Ground Rent

: :

October 2009 £1000.00 per unit 28 Days (Exchange of Contracts) 10 % Payable upon Exchange Remaining Balance to be paid on Completion Leasehold 125 years To be confirmed by developer closer to completion

Please note that purchaser will be responsible for arranging their own: • • •

Valuation Mortgage Legal Undertaking

CONTACT INFORMATION ALM GROUP LIMITED 46 The Grainstore 4 Western Gateway London E16 1BA Tel Number : Fax Number : Mob Number: Email Address:

0207 473 1194 0207 473 1194 0794 758 2122 [email protected]

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD

STRATFORD INFORMATION PACK

INDEX

1. 2. 3. 4. 5. 6. 7.

Property Market Info House Price Index Property Market Statistics Demographic Info Council Tax Sales Comparables Rental Comparables

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD 1. Property Market Info The size of the property market in E15 is 17017 homes. Given that the nominal growth rate in this postcode district (E15) has been about 9.8% over the last 5 years, it would be reasonable to assume that this is an area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations). The average property in this postcode district was valued at £210540 over the last 3 months. Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 11.1. New transactions as a percentage of overall sales are 19.7%.

E15 Housing Stock If you are specifically looking to buy Flats, this would be an excellent area for you to explore, with 48.8% of properties being this type. A high proportion of property in this area is socially rented. A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market. The average price of a two bed property in this area is higher than the national average of £187894 at £241137. This area is higher than the national average of £187894 at £205724.

2. House Price Index

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD 3. Property Market Statistics E15

E

National

5yr House Price Growth

75.7%

75.7%

102.0%

5yr House Price CAGR

9.8%

9.8%

12.4%

Last 12 Months House Price Growth

4.2%

4.2%

3.6%

£210,540

£241,101

£193,489

£19,029

£24,570

£22,847

11.0x

10.0x

8.0x

3,286

74,124

7,176,233

Market Size Indicator: total no. of properties

17,017

329,619

22,530,070

Market Liquidity Indicator: transactions / properties

19.3%

22.5%

31.9%

536

9,743

5,129,930

% Detached

3.1%

3.0%

22.8%

Semi-Detached

1,237

30,465

7,114,618

% Semi-Detached

7.3%

9.2%

31.6%

Terrace

6,917

104,665

5,867,433

% Terrace

40.6%

31.8%

26.0%

8,311

184,350

4,324,294

48.8%

55.9%

19.2%

Temporary

16

394

93,795

% Temporary

0.1%

0.1%

0.4%

Owner Occupied

5,946

139,954

14,911,858

% Owner Occupied

34.9%

42.5%

66.2%

Socially Rented

7,642

123,354

4,155,391

% Socially Rented

44.9%

37.4%

18.4%

Growth Rates

Price Earnings Ratio Average Current Value Average Earnings Price / Earnings Market Characteristics Market Size Indicator: no. of transactions in last 5yrs)

Housing Stock Total Detached

Flat % Flat

Home Ownership

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD 4. Demographic Information E15

E

National

Population:

39,574

800,288

52,024,138

Median Age

30

31

39

12.8%

13.6%

22.0%

6.9%

6.1%

3.2%

25.2%

27.0%

19.8%

Full Time Students

2,608

47,181

1,766,469

% Full Time Students

6.6%

5.9%

3.4%

Total Migrants

6,177

113,589

6,336,121

% Total Migrants

15.6%

14.2%

12.2%

10

9

15

Demographic Info

% Retirees % Unemployed % Educated to Degree level

Average distance (km) travelled to fixed place of work

5. Council Tax Banding

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD

SALES COMPARABLES FOR 2 BEDROOM APARTMENTS IN STRATFORD LONDON

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.

160-188 HIGH STREET - STRATFORD

RENTAL COMPARABLES 2 BEDROOM APARTMENTS STRATFORD LONDON

These particulars are for illustration only. We operate a policy of continuous improvement and individual features such as kitchen and bathroom layouts, doors, windows, garages, and elevational treatments may vary from time to time. Consequently these particulars should be treated as general guidance only and cannot be relied upon as accurately describing any of the Specified Matters prescribed by any order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.