Tottenham Hale

For Sale Investment PropertiesInvestment

Property Overview

  • ReferenceTH
  • TypeInvestment Properties
  • Sold No
  • Contract Sale
  • StatusInvestment
  • LocationTottenham

Property Description

Smuts and Taylor are pleased to announce we have access to 1 Ashley Road pre-sales. This is a London Zone 3 location with masses amount of planned regeneration and you will be getting in at a very early stage.
With a Q1 2022 completion planned and only 10% required on exchange and the balance on completion this scheme represents and excellent off plan investment opportunity.
Video – Video
Ashley Road, Tottenham Hale

Ashley Road heralds a new Tottenham Hale. Designed and delivered by the team behind the regeneration of King’s Cross, Argent Related are creating a new centre for North London, with exceptional homes, light-filled work spaces, public squares, shops and restaurants, and setting a new standard of architectural quality.
Buyers and investors now have an exciting opportunity to purchase in the first phase of this major regeneration from two internationally renowned developers.Reasons to buy in Tottenham

  1. Regeneration – 1 Ashley Road will be the centre-piece of wider regeneration of Tottenham – recently featured in the Knight Frank Hotspot Report, Tottenham Hale is estimated to achieve 10% growth by 2021
  2. Investment – 1 Ashley Road has estimated annual rental yields between 3.7-4.4% making it one of the highest yielding projects in London. Tottenham also benefits from high rental demands, with local landlords enjoying some of the lowest property vacancy periods in London
  3. Transport – the development is located directly opposite the new Tottenham Hale station, with access on the Victoria Line into King’s Cross (11mins), as well as overground rail links into Liverpool Street (14mins) and Stansted International Airport (33mins)
  4. The Developer – Argent Related is a unique partnership if the developers behind the regeneration of King’s Cross, and Hudson Yards, New York – the largest private development in US history
  5. Payment terms – investors only need to pay 10% on exchange of contracts and the remaining 90% on completion, giving buyer plenty of time to arrange finance
  6. Sport – Tottenham is now home to one of the world’s finest stadiums, playing host to Tottenham Hotspur and the NFL
  7. Location & Affordability – Tottenham Hale provides a real affordable option for buyers looking to be close to Central London, at a modest price
  8. Infrastructure – should Crossrail 2 receive approval, Tottenham Hale will be a stop. The line will run North to South through Central London. Crossrail stations outperformed the market by 4% on average, and by 40% in Central London
  9. Education – Tottenham Hale has access to some of London’s finest universities through the Victoria Line
  10. Lifestyle – Tottenham Hale is home to many fantastic restaurants, bars and cafes. The new stadium will also become a major live music venue
  11. Green & Open Spaces – 1 Ashley Road is located within walking distance to some of Tottenham’s finest parks and green spaces

Amenities

  • 24 hour concierge
  • 3 car club parking spaces
  • Cycle and Motorcycle parking

Interiors

  • Conrad Interiors
  • Underfloor heating throughout
  • Engineered wood flooring with carpets in the bedrooms
  • Triple glazed windows
  • Ceiling heights 2.55m standard, 2.7-2.9m on the top floor
  • 4 lifts total – 2 for each core
  • Fob access for entrance

Key Journey Times

The development is located directly opposite Tottenham Hale Tube (Victoria Line) and Overground Station.

  • King’s Cross – 11mins
  • Liverpool Street – 14mins
  • Oxford Circus – 15mins
  • Bond Street – 20mins
  • Stansted International Airport – 33mins
  • Heathrow Central – 49mins *Crossrail

Journey times to major universities (door-to-door, tube/overground and walking)

  • Central St Martins, UAL – 17mins
  • UCL – 19mins
  • CASS Business School – 19mins
  • LSE – 25mins
  • King’s College – 27mins

Development: 1 Ashley Road – phase 1 of Tottenham Hale

Developer: Argent Related

Units: 183 in 1 Ashley Road studios – 3 beds

Affordable: 0 in this building

Estimated completion: Q1 2022


Tottenham Hale (total site)Units: 1,030Estimated site completion: 2024Buildings: 7Retail: 15 units
Site location

PricingStudios: £365,000-£405,000 1 beds: £390,000-£505,000 2 beds: £545,000-£724,000 3 beds: £675,000-£707,000

Blended: £736psf


Parking: no parking available at this stage

Estimated rental yields: 3.7-4.4% (average 4.1%)

Service charge: £4.25 per sqft

Ground rent: £375pa (studios & 1 beds), £475pa (2 beds) and £575pa (3 beds)

Lease length: 999 years


Reservation Process & Payment Terms

  • £2,000 reservation fee
  • 10% on exchange after 28 days (less £2,000 reservation fee)
  • 90% on completion
  • Legal incentive: £1,250 to instruct Riseam Sharples (Chinese speakers available)
  • Assignments: 1 to family/own company, 1 to a third party 12 months after exchange

Property Amenities

  • Balcony
  • Concierge
  • Furnished
  • Parking
  • Residents Communal Areas
  • Residents Gym
  • Residents Swimming Pool

Location

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