4 minute read
Buy right, Sit tight
THE VERY BEST OF LANGLEY HURRICANE COURT
Nacropolis is a progressive property development company withI a combined 70 years’ experience in the real estate industry. TheI company specialises in developing and converting listed buildings,I from both commercial and residential, and undertaking new-buildI projects with a focus on London and the Home Counties.I
Breathing new life into a modern, iconic building
A BLEND OF THE URBAN AND THE COUNTRY One of Nacropolis’ recent prestigious developments is Hurricane Court, taking its name from the famed British Hawker Hurricane fighter aircraft which were built at the Hawker factory in Langley. Set in Langley, Berkshire, Hurricane Court offers a blend of the countryside and an urban lifestyle. It consists of 84 apartments built around a private communal courtyard and is located a stone’s throw away from Heathrow Airport and within walking distance from the new Langley Crossrail station.
BENEFITTING FROM LOCAL REGENERATION The location benefits from the megainvestment regeneration project announced by Slough Borough Council. Some of the regeneration investment schemes include more and better leisure facilities, improved business and conference facilities, high quality hotels and restaurants, affordable homes, additional schools and children’s facilities, and state-of-the-art office buildings. Nacropolis anticipated an increase in the local property value in line with the announcement of the regeneration project.
A recent report based on figures from the Office for National Statistics has shown that the average cost of a property in Slough has risen by 73% to £303,543 in the last decade. The upcoming Crossrail has proven to be one of the key spurs for the regeneration of Slough and its surrounding areas. Once Crossrail is fully-functional investors and owneroccupiers alike will be attracted to the fact that one can reach Central London in a mere half-an-hour. Residents can continue to work in central London but live in Langley for far lower prices. Alongside Crossrail, the Western Rail Access to Heathrow is also scheduled to operate from 2024. With the Prime Minister now announcing that HS2 will be built,
BELOW: Built around a private communal courtyard
RIGHT, TOP ROW: Typical studio apartment MIDDLE ROW: Contemporary bathroom design. Open plan lateral living spaces BOTTOM ROW: Well appointed luxury bedroom designs
residents of Langley will hugely benefit from better connectivity and reduced travel times.
CORPORATE STRATEGY Speaking about Nacropolis its Managing Director Ravi Pankhania says - “Nacropolis’ expertise lies in identifying locations in new growth areas and maximising returns both for the company and our investors. Our corporate strategy is to look for new opportunities as opposed to riding the current trends. When we purchase a project, comprehensive feasibility studies are undertaken in order to give us an informed long-term view not only in terms of profitability but also important long term prospects and viability.”
ALL ROUND PACKAGE Ravi comments - “Tenants can rest assured from us that they will receive a whole host of benefits not often offered by other developments. Hurricane Court offers a wealth of local amenities including shopping centres, leisure facilities and transport hubs to name but a few. Additionally, the proximity of Hurricane Court to large employment zones such as Slough and the Heathrow catchment area makes this an attractive option for the local workforce as well.”
FOR THE SAVVY INVESTOR Whilst cost and returns are generally always the presiding factor in property investment, a new generation of savvy investors are increasingly conscious of modern issues which are playing an increasingly important role in their investment choices. Ravi says - “Some of the main concerns now tend to focus on whether the development is eco-friendly, is it smarthome ready, proximity to transport connections, lifestyle opportunities and so on. Buyers come with different requirements and therefore we strive to deliver an ‘all-round package’ that satisfies as many of these requirements as possible.”
LOW CHARGES, MINIMUM MAINTENANCE, HIGH QUALITY Research has shown that sky-high service charges deter investors and owner occupiers alike from buying new-build properties. According to Ravi – “Service charges generally tend to be higher than usual when the performance of a building is below par and maintenance works are constantly having to be carried out. At Nacropolis we ensure that buyers avoid paying ever-increasingly high service charges almost at the onset of our design stage”.
He adds, “All our developments are designed and built to the highest standard possible using high performance products so as to ensure that building performance remains at its optimum thereby enabling service charges/expenditure to be kept to a minimum.
The Nacropolis Group have an in-house block management team who manage the entire portfolio. This has been successfully done for several years and we are consistently receiving acclaim from all of our tenants who are very content with our performance.” Currently, the largest and most luxurious development in Langley, Hurricane Court has set a benchmark for quality. Investors can choose from a highly attractive array of bespoke studios, onebedroom, and two-bedroom apartments to choose from, with apartments starting from £160,000.
FOR ENQUIRES The Flatman Partnership 01753 593 888 Gibbs Gillespie 01753 888 866
SETTING THE BAR HIGH Currently, the largest and most luxurious development in Langley, Hurricane Court has set a benchmark for quality.
