The Residences Fact Sheet

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KEY FACTS ON READING:

JAC K S O N S C O R N E R READING

The Residences is a contemporary refurbishment of an iconic, prominent, landmark site, in addition to the new Duchess House building, built around a tranquil courtyard in the very centre of Reading. Just 5 minutes walk to Reading Station and from there a 25 minute train journey into the very heart of London. This boutique project will comprise of 33 luxury finished apartments with thoughtful interior design, digitally controlled Fascino bathroom controls, RAK Ceramics and Oak / Ebony wood flooring. A true oasis in the centre of Reading.

• 25 min Paddington Station, Central London on non-stop train • 40 min to Heathrow Airport • Crossrail, Elizabeth Line operational from Q4 2019, taking passengers across the whole of London without having to change trains • Best education and highest student score across England • The 5th most qualified workforce in the UK • The HIGHEST UK employment rate • 20% of University of Reading graduates remain in the Reading area after graduation • 42.6% of Reading’s population are educated to NVQ4 or above • Top Town / City for growth to 2021. EY Regional Economic Forecast 2018-2021


PROJECT DETAILS: Jackson's Corner, Reading, RG1 3AS

3 x Refurbished blocks and 1 new build up to 5 Floors

20 one-bedroom and 13 two-bedroom apartments

Apartment Sizes: 437-728 sqft

LUXURY BATHROOMS & EN-SUITES: • Fascino digitally controlled Smart Tap • Smart Mirror (with LED lighting, shaver socket, digital clock and de-mist pad) • Walnut vanity unit (with integrated storage space and black porcelain worktop) • RAK Ceramics Hygience+ WC with RAK Rimless pan and soft close ergonomic design seat • Fascino Smart Shower and Smart Bath • Heated chrome towel rails • Choice of RAK Ceramics porcelain wall and floor tile colour with polished and matt finishes

LUXURY SPECIFICATIONS: • Forest oak doors with polished chrome ironmongery, matching wrapped door-lining, architraves and skirtings • Choice of white oak or ebony oak strip wood flooring to entrance hall, living area, dining area, kitchen and cloakroom • Choice of carpets with underlay to bedrooms • Fitted wardrobes to master bedroom • Double-glazed uPVC windows • Gas fired heating system via radiators


TERMS AND FEES: One Bedroom from £287,000 Two Bedroom from £400,649 Reservation Fee £3,000 (Reimbursed on exchange of contracts) 20% Deposit 80% Paid on completion 250 year Leasehold Service Charge: £2.00 psf Expected Rental Yield: 4.5%

TOP TOWNS AND CITIES FOR GROWTH

EDUCATION

Annual GVA growth until 2020 (%)

3.0 2.5 2.0 1.5 1.0 0.5 0.0 Reading: 2.4

Manchester: 2.4

Bristol: 2.3

Luton: 2.3

Exeter: 2.3

London: 2.2

Edinburgh: 2.1

Glasgow: 2.1

Cambridge: 2.0

Birmingham: 1.9

Reading has an excellent reputation for education, with highly-rated schools and a very well respected university. The local grammar schools Reading and Kendrick have been ranked amongst the best in the South East of England. Reading University is well regarded nationally with strong links to Nanjing University in China, and one of the best reputations for business and finance related subjects in the world. The nearby Henley Business School is also widely acknowledged as one of the top Business Schools in the country.

TECHNOLOGY HUB Known as the Silicon Valley of the UK with a "Tech Density" 8 times that of the UK average. There are a wide variety of firms operating in Reading in the CBD and the town’s business parks. Below are some larger companies with offices located in Reading.

ECONOMY Reading is predicted to be one of the fastest growing towns in the country over the next three years. The town has been deemed as a south-eastern powerhouse, which will grow faster than London and the rest of the area until 2020, according to EY’s UK Region and City Economic Forecast. Reading’s excellent transport connections, educational institutions and proximity to London have proved enticing for many of the world’s leading corporations. The pace of economic and employment growth in Reading and the Thames Valley is out pacing London and the wider south-east, and will continue to do so over the next 3 years.


JAC K S O N S C O R N E R READING

RESIDENTIAL PROPERTY INVESTMENT Complete RPI are proud to be in partnership with Buy Association. Established in 2001 with offices in Hong Kong, Singapore and London Complete RPI provide a unique and commercial approach for letting and management of residential investment property UK nationwide.

EDINBURGH

NEWCASTLE

With a strong Corporate tenant database and 98% occupancy in Reading we are perfectly placed to optimize rental values.

LEEDS

LIVERPOOL

MANCHESTER

Our bespoke services include: NOTTINGHAM

• Rental Guarantee and legal cover

LEICESTER

• Single point of contact

BIRMINGHAM

• Bespoke Landlord online tracking tools 24/7/365

OXFORD

• Proven rental increase upon renewal (8% YE 18/19)

READING

CARDIFF

• Online maintenance and contractor reporting • National letting and management under one roof

CAMBRIDGE

BRISTOL WINCHESTER

LONDON GUILDFORD

SOUTHAMPTON EXETER PLYMOUTH

• Accredited & Protected – ARLA, TDS, DPS, OFT, TPO

For more information please visit us at www.completerpi.com For further details, please email: info@completrpi.com

YOUR PROPERTY OUR PRIORITY…


BuyAssociation is an investment company with more than a decade of experience in identifying and launching property investment opportunities from around the world. Our investments are focused on some of the best emerging locations and strongest performing cities in the UK, and through our community of developers and experts, we can offer you the best stock at the most competitive prices. Supported by our award-winning team of investment consultants who can help you identify opportunities within your own portfolio,we can introduce you to expert advisers and help you find investments to build your property portfolio and grow your returns.


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