A KENDAL
LA9
O H C P R O P E RT Y F I V E
A
URA IS A COLLECTION OF LUXURY APARTMENTS WITHIN A HISTORIC CONVERSION OF A LANDMARK PROPERTY IN THE CENTRE OF KENDAL.
Discover nature-inspired design and luxurious interiors in one of the Lake Districts most exciting locations, where the streets buzz with holiday makers, country pubs and independent stores while mouthwatering dining experiences wait around every corner..
COUNTRYSIDE LOCATION WITH A MODERN TWIST These 15 homes – ten 1-bedroom and five 2-bedroom – offer lightfilled living areas, intelligent use of the original structure and the most stylish colours and tones used throughout. The black and white Victorian style façade, gives residents the opportunity to live in an individualistic block that stands out on the high street compared to it’s neighbours A new landmark has arrived in Kendal. Aura Apartments combines the iconic, period exterior with stunning bespoke interiors to provide a home that’s cut above the rest.
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Whether travelling into the lake for a boat ride, the hills for a walk or into a local town to explore the independent shops, Aura has everything on it’s door step.
WINDERMERE
LAKE DISTRICT NATIONAL PARK
15 Mins by Car
13 Mins by Car
Windermere is the perfect Lakeland destination
The Lake District National Park is a national park in North
all year round. With the shores of the lake so
West England that includes all of the central Lake District,
close, you are never short of fantastic scenery or
though the town of Kendal, some coastal areas, and the
leisure activities. Several local viewpoints offer
Lakeland Peninsulas are outside the park boundary.
panoramic views of both the lake and more distant mountains.
SCAFELL PIKE
HELVELLYN
35 Mins by Car
45 Mins by Car
Scafell Pike or is the highest mountain in
Helvellyn is a mountain in the English Lake
England, at an elevation of 978 metres
District, the highest point of the Helvellyn range,
above sea level. It is located in the Lake
a north-south line of mountains to the north of
District National Park, in Cumbria, and is
Ambleside, between the lakes of Thirlmere and
part of the Southern Fells.
Ullswater.
MANCHESTER
LEEDS
TRAIN – 1HR 35MINS
TRAIN – 2HR 35MINS
DRIVE – 1HR 27MINS
DRIVE – 1HR 50MINS
LONDON
LIVERPOOL
TRAIN – 3HR 20 MINS
TRAIN – 1HR 30MINS
DRIVE – 4HR 30MINS
DRIVE – 1HR 38MINS
GLASGOW
EDINBURGH
TRAIN – 1HR 55MINS
TRAIN – 2HR 20MINS
DRIVE – 2HR 20MINS
DRIVE – 3HR 0MINS
GLASGOW
EDINBURGH
A U R A
LEEDS
A WELL
LIVERPOOL
MANCHESTER
LOCATION
LONDON
1 Kendal Castle 2 Kendal’s festival scene brings over 50,000 visitors per year 3 Lake District National Park 1
Situated to the South of the Lake District and only a few miles from the sea, Kendal is especially well placed to cater for everyone’s home and holiday needs. 3 2
The town boasts a fine selection of shopping arcades, two castles, two museums, a host of historical buildings and bridges, fine restaurants, a multitude of public houses, excellent local schools, low crime rates, quality hotels and views that would please the most demanding photographer
EXPLORE KENDAL’S NEIGHBOURHOOD
WHY
6.9%
ÂŁ1.4
47
Growth in visitors staying over
Billion spent by visitors in 2017
Million visitors to the Lakes in 2019
IN KENDAL?
Kendal is fast becoming one of the most sought after hot spots from investors in the North of England. Over the past 5 years property prices have grown consistently 5% per annum and rents have kept up.
7.7%
18%
Property price growth in 2019
Growth in tourism
ÂŁ25m Invested into the high street. Part of the ÂŁ1bn project into regeneration
This is due to a large variety of factors, including the huge growth in tourists that previously went abroad for their vacation, plus the huge uptick in Chinese and Japanese tourists since the Unesco Heritage stamp. Kendal as an area, still has a large amount of scope to grow, as in comparison to towns such as Windermere and Bowness, the prices are considerably less.
1 2 3 4
Lake Windermere Castlerigg Stone Circle The world of Beatrix Potter Helvellyn & Scaffell Pike
1
Situated to the South of the Lake District and only a few miles from the sea, Kendal is especially well placed to cater for everyone’s home and holiday needs. The town boasts a fine selection of shopping arcades, two
3 2
castles, two museums, a host of historical buildings and bridges, fine restaurants, a multitude of public houses, excellent local schools, low crime rates, quality hotels and views that would please the most demanding photographer
BE INSPIRED BY SOUTH LAKELAND
1 /3
55%
13%
domestic holidaymakers (31%) plan to spend more holiday time in this country in 2019
tourism businesses reported an increase in domestic tourism since 2017
increase in British holidaymakers booking UK hotels this summer compared to last year
A RISE IN
HOLIDAYS
More British holidaymakers are opting to take domestic breaks this summer instead of travelling abroad, new research claims. The increasing trend for staycations comes amid
ÂŁ224
16 - 34
59
The average spend on staycations, which is a huge 37% increase
year-olds took 12% more domestic holidays in England in 2017 than in 2016
million staycations were booked, up 6% on the previous year
Brexit uncertainty along with hopes for a repeat of last summer’s record-breaking heatwave. UK holiday searches and bookings are up by a third on this time last year together with increased UK hotel reservations.
LOCAL
PRICE COMPARISON
Average House Prices 16
Lake District - £277,675 Windermere - £358,796 Ambleside - £433,603 Cartmel - £422,143 Coniston - £282,979 Grasmere - £512,075
Kendal - £242,937
UNESCO
HERITAGE SITE
The Lake District has joined the likes of the Grand Canyon, the Taj Mahal and Machu Picchu by being awarded Unesco World
16
Heritage status. The national park was one of 33 sites around the world to be discussed by the Unesco committee in Krakow, Poland. The committee praised the area's beauty, farming and the inspiration it had provided to artists and writers. It is the 31st place in the UK and overseas territories to be put on the Unesco World Heritage List.
At The Aura Apartments, creative innovation and attention to detail are combined to create spaces that are truely refined. With shaker style Howdens kitchens and Porcelanoso tiled areas, no corners have been cut when choosing the quality of the finish at these apartments.
Entrance Hall & Staircase • Wood style floor • Painted plasterboard ceilings and walls • Painted timber skirtings and architraves • Painted timber doors with matt black ironmongery • Recessed spot lights
General
• Painted timber flat panel doors • Painted timber skirtings and architraves
Master Bedroom
• Luxury fitted carpet
• Bedside table double
• Bedside table double sockets
sockets
• Window seats in selected apartments only
• CCTV to communal entrances • Audio/video entry phone • Dual CAT5 outlets in all principal rooms
• Sliding sash windows
Kitchen/Dining/Living
Utility
Master Bathroom
• Wood style floor
• Wood style floor
• Porcelanosa Tiled flooring
• Designer appliances
• Fitted cabinets with countertop
• Tiling around the bath
• Fridge/ freezer
• Designer taps and shower • Wall mounted toilet role holder • Wall mounted robe hook • Shaving and electric toothbrush socket • Bath with overhead shower
• Slim line dishwasher Induction hob with splash back and overhead fan • Fitted oven
(for 2 bed apartments )
• Luxury fitted carpet
• Fire alarm
• Howdens kitchen with floor and wall mounted units
Bedroom 2
• Under sink storage unit • Opaque bathroom windows
2.
1
Five Oaks Studio £100 per night - AirBnB
2
Secluded Retreat £85 per night - AirBnB
3 4
No 1, Yard 18 - Town- £75 per night - AirBnB Lake District Apartment £88 per night - AirBnb
1 BED SERVICED APARTMENT INVESTMENT
3.
Average - £550 per week Annual Income - £28,600 Occupancy Rate - 60% Actual Income - £17,160 Management Fee – 20% - £3,432 Estimated Service Charge & Ground Rent - £950
Estimated NET Income - £12,778 Average Unit Price – £130,000 Estimated NET Yield – 10%
The above figures provided are to show examples of properties that are being let out currently through portals such as AirBnB and Booking.com. In no way should these figures be taken as a guarantee or an assurance provided by the developer. All investors should do their own research prior to purchase.
1.
4.
3.
2 BED SERVICED APARTMENT INVESTMENT 1.
Average - £770 per week Annual Income - £40,040 Occupancy Rate - 60% Actual Income - £24,024 Management Fee – 20% - £4,804 Estimated Service Charge & Ground Rent - £1100
2. Estimated NET Income - £18,120
1.
Highgate Apartment £113 per night - AirBnB
2.
Luxe Riverside Apartment £132 per night - AirBnB
3.
Grade II Listed apartment £188 per night - AirBnB
4.
First Floor Apartment- £73 per night - AirBnb
Average Unit Price – £180,000 Estimated NET Yield – 10%
The above figures provided are to show examples of properties that are being let out currently through portals such as AirBnB and Booking.com. In no way should these figures be taken as a guarantee or an assurance provided by the developer. All investors should do their own research prior to purchase.
THE DEVELOPER The team behind Aura have over 10 years of property development and investment experience and have developed and sold over 100 properties, predominately working on the conversion of existing properties into residential homes of style and quality. The developer, OHC Property Five Limited, pride themselves on developing property in areas of strong capital growth and to offering an above market specification for there clients. Their moto is 'build luxury, sell to the high street' which refers to their general approach of offering high end specification for mid range and market prices.
All CGI’s in this brochure are an artists representation of the development and it’s apartments. The artist has followed plans for a sizing guide but the details are intended to give a general indication of the proposed specification. The developer operates a policy of continuous product development and reserves the right to alter any part of the development specification at any time. Where materials are specified, the developer reserves the right to replace the materials with another of equal quality or better. Computer generated image
Working with a talented team of architects, designers, solicitors and surveyors OHC Property Five Limited are on target to complete this iconic, stylish development.
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PAYMENT PLAN TO PURCHASE Payable on Reservation • £5,000 Reservation Deposit • £500 Administration Fee Payable on Exchange (approximately 28 days after reservation) • 30% minus reservation deposit (£5,000) Payable on Completion Remaining balance
FOR MORE INFORMATION Please contact one of our experience consultants on t: +44 1244 343 355 option 1 e: sales@residential-estates.co.uk w: www.residential-estates.co.uk
A KENDAL LA9
All CGI’s are an artists representation of the development and it’s apartments. The artist has followed plans for a sizing guid but the details are intended to give a general indication of the proposed specification. The
O H C P R O P E RT Y F I V E
developer operates a policy of continuous product development and reserves the right to alter any part of the development specification at any time. Where materials are specified, the developer reserves the right to replace the materials with another of equal quality or better.