Imperial Square Brochure

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UK Buy-to-Let Property Investment

UK Buy-to-Let Property Investment


UK Buy-to-Let Property Investment

Imperial Square is a new, off plan, buy-to-let opportunity in a London commuter belt property hotspot.

Investment highlights: • 10% early investor discount • 6% NET rental return per annum assured for 2 years • Fully managed UK buy-to-let opportunity • Strong capital growth potential • No.1 location for house price growth • Prime town centre location • Excellent transport links (22 mins by train to Central London) • Proven location for reliable rental returns • Award-winning developer with a proven track record


UK Buy-to-Let Property Investment

All images are for illustration purposes.


UK Buy-to-Let Property Investment

Pinpointed as one of the best locations for rising property prices in the UK, Luton’s housing market is benefiting from a widespread growth in value.

Imperial Square at Flowers Way is an exciting addition to the property market, which offers investors unprecedented capital growth potential and assured rental returns.

As the need for desirable living space within commuting distance of London continues to rise, we are offering investors a new opportunity to make the most of this demand with its latest development in Luton.

Capital growth potential

Passive income

Prime location

Exclusive discount

No.1 location for

6% NET per annum

Town centre location

10% early investor

house price growth

assured for 2 years

with excellent

discount for a

transport links

limited time


UK Buy-to-Let Property Investment

Facilities • Club lounge • Podium gardens • Cinema room • Private dining room • Underground car parking • Bike storage • 24/7 CCTV • Concierge and on-site management


UK Buy-to-Let Property Investment

Why invest in Luton?

Highest yields

Lower entry

Stronger

in London’s

level

capital growth

commuter belt

potential

Emerging markets like London’s commuter belt are now welcoming some of the most impressive rental and capital growth potential.


UK Buy-to-Let Property Investment

No.1 location for London workers With the high prices for renting and buying properties in London, it’s no surprise that there has been a trend for people who work in London to live outside of the capital and become commuters. Luton boasts some of the best travel connections in the commuter belt, offering a 22-minute train journey to central London. This and other attractive qualities led to Luton being named the number one town for London commuters in a 2018 survey by estate agent Jackson-Stops.

Luton is set to become an increasingly attractive prospect for UK property investors, with an expected rise in the number of commuters choosing to base themselves in this bustling and growing town. The ease with which individuals can reach the capital makes Luton a perfect choice for busy commuters, with a growing need for new homes helping to create new investment opportunities all the time.

22 mins by

One of the most

Voted the no.1

train to central

affordable towns for

town for London

London

commuting into London

commuters in 2018


UK Buy-to-Let Property Investment

Next Stop, London Situated only 30 miles north of London, Luton boasts some of the best travel connections in the commuter belt, offering a 22-minute train journey to the centre of the capital, close links to the M1 and M25, and a short drive to London Luton Airport.

Imperial Square Located an 8-minute walk from Luton train station, which is 22 minutes by train to central London, Imperial Square is perfectly positioned to cater to city workers.

Global Connections Luton is a globally connected town and is home to the UK’s 5th busiest airport which offers direct flights to 70 worldwide destinations. The local rail network not only connects Luton to London and the rest of the UK, but also provides a fast service to Paris via Eurostar at Kings Cross St Pancras.


UK Buy-to-Let Property Investment £1.5 Billion Investment Framework Luton’s close proximity to London and its fantastic transport links to the rest of UK make it perfectly positioned to become a major player in the world economy. Part of the new £1.5 billion investment programme includes eight major strategic development sites including retail, leisure, hotels and housing opportunities and large sites for engineering, technology, creative and aviation-linked employment.

20-year Luton Investment Framework strategy will achieve strong and sustainable growth and will create

18,500

new jobs for local people.

8 strategic developments Multimillion-pound mixed-use developments include Napier Gateway, Butterfield Business Park, High Town, Sloane International luxury apartments and Power Court Development.

£150 million Power Court Development A new football stadium and events venue with leisure facilities, bars, restaurants, a supermarket and more set to create thousands of new jobs.

£110 million redevelopment of London Luton Airport will increase annual capacity by 50%, from 12 to 18 million by 2020.


Investment options

UK Buy-to-Let Property Investment

1 beds from £171,000

5-year investment scenario* Purchase Price

£171,000

*6% NET Annual Income Assured on Apartment

£10,260

NET Rental Income over 5 Years

£56,424

Projected capital appreciation in year 5**

£83,041

Total Income over 5 Years

£139,465

ROI % over 5 Years

81.56%

Annualised NET ROI

16.31%

Please note financials are for indicative purposes only and may be subject to change * rental income is contractually assured at 6% net for the first 2 years based on the price of the apartment **capital growth assuming a conservative 5% per annum ***Value as per the Independent RICS report provided by Connells chartered surveyors ****Rental Growth assuming a conservative 5% per annum (2016 rents increased by 6.61%)


UK Buy-to-Let Property Investment

All images are for illustration purposes.


UK Buy-to-Let Property Investment

Payment plan one

Payment plan two

£5,000 reservation deposit 30% Exchange of Contracts Deposit less reservation fee 20% due on the 1st of December 2018 30% due on the 1st of May 2019 20% due at completion

£5,000 reservation deposit 40% on Exchange 40% due 1st December 2018 20% at Completion 2% interest on deposited funds

Additional legal fees Legal fees are estimated to be between £860-£1,100 fully inclusive of VAT, searches and disbursement costs.

Stamp Duty Band

Additional Furniture Pack Normal Rate

Additional Property

Up to £125k

0%

3%**

£125k to £250k

2%

5%

£250k to £925k

5%

8%

£925k to £1.5m

10%

13%

Over £1.5m

12%

15%

Furniture pack for a one bedroom apartment = £5,000 Furniture pack for a two bedroom apartment = £7,000

** An additional property purchased for less than £40k will attract 0% tax. For purchases from £40k to £125k the rate will be 3% on full purchase price.


UK Buy-to-Let Property Investment

Who is the Developer? The award-winning Opto Property Group is the developer behind Imperial Square in Luton. More information can be found on their website www.optopropertygroup.com. Who is the Management Company? The development, in its entirety, will be managed by Opto Residential. The company has an excellent track record and is a specialist block management company based in Luton. For more information, visit their website www.optoresidential.com. Is there a rental assurance in place? Yes. 6% NET rental return is assured for the first 2 years of the investment. Is there a benefit for buying into the project in the early off plan stages? For a limited time, a 10% early investor discount is available. Early investors will have the choice of the best units within the project and will be able secure the best possible pricing. What is the length of the leasehold? Each apartment within Imperial Square is sold on a 250-year leasehold.

As a non-resident in the UK am I taxed on this income? If you are a UK resident then yes, you will be subject to tax. If you are a ‘non-resident’ in the UK, then you are classed as an overseas landlord and may apply to HMRC in the UK for exemption. Please note we cannot guarantee that an application to receive rent with no tax deductions will be accepted. When will the development complete? The target completion date has been scheduled for Phase One is Q4 2019, Phase Two Q4 2020 and Phase Three Q3 2021. There is a one-year longstop date on each Phase. Is there furniture included in the price of the apartment? No. Investors are required to purchase an additional furniture pack to secure the NET rental assurance. A luxurious one bed furniture pack is available for £5,000 and a two bed furniture pack for £7,000. When will the development be occupied and when will I receive my income?

Can I sell my unit/s at any time?

The apartments will be let out by the date of completion and the assured yield will be paid from this date, quarterly in arrears.

Investors are permitted to sell at any time after Completion.

What happens at the end of the 2-year rental assurance period?

Is the sale handled by UK lawyers?

At the end of year 2, you will have the option to continue managing the Unit through the management company and you will be responsible for the payment of the ground rent, management fee and service charge which can be deducted from the gross rental income. You are free to manage the Unit yourself or choose another letting management company should you choose to do so.

Yes. A team of commercial solicitors, experienced in UK property investment market, have been appointed to act on the behalf of investors.


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