BAGSHOT MANOR 1 GREEN LANE, BAGSHOT, SURREY GU19 5FP 1
Like many districts of Britain, Bagshot is characterised by an insufficient supply of good, modern homes, which means that local rental demand is robust and reliable. The property is already over 75% tenanted and the developer will take responsibility for ensuring full occupancy. Consequently, as the newest and most striking development in the area, it promises low risk, dependable yields and excellent potential for continuing capital growth.
Details • A new residential conversion scheme • Completed: February 2022 • 79 apartments • A mix of studios and one- and two-bedroom apartments • Backed by a 10-year warranty • 250-year leasehold • £0 ground rent • Prices from £190,000 Contents Introduction 3 Bagshot and Surrey Heath ............................................ 4 Transport and Connectivity 5 Local and Regional Regeneration............................. 6 Bagshot: Quality of Life 7 The Property Market 8 The Development............................................................... 9 The Appartments 10 Floor Plans ........................................................................... 12 Summary 15 32
Bagshot Manor is a residential development, completed in February 2022. It is the result of an ambitious scheme that has converted an existing commercial property into a modern mix of one-and-twobedroom apartments.
Introduction
The development is set in a quiet and leafy residential district in Bagshot, Surrey. It lies just 300m from the A322, and less than 900m from the nearest junction of the M3. This makes it an exceptionally convenient base for commuters: central London is less than 45km to the east, and many other employment hotspots are considerably closer still.
• M3 Motorway (J3) 0.5km
In addition, however, the village also affords excellent access to recreational spaces and facilities. Nearby are several golf and tennis clubs, a leisure centre and a wealth of nature reserves, parks and outdoor activity centres.
• Aldershot 14 km Windsor 14 km
Similarly, the village has its own railway station, which lies just 600m from the junction of Green Lane and Whitmoor Road. Consequently, passengers don’t have to travel to another village or town to make their rail connections; South Western Railway services are within easy walking distance.
• Ascot 5 km
• Bagshot Railway Station 0.6km
• Farnborough Airport (commercial) 10.5km
• Reading 23 km
Neighbouring towns
Local services run to major destinations including:
• Blackbushe Airport............... 11.5km
AIRPORTHEATHROW BAGSHOT ALDERSHOT WOKING BASINGSTOKEFARNBOROUGH GUILDFORD ASCOT READING SLOUGH MAIDENHEAD WINDSOR AIRPORTBLACKBUSHE Surrey(AONB)Hills CommonHankley National Trust Witley & CommonsMilford Chiltern Hills A331 A322 A404 A38 A31 A31 A3 A30 A3 A243 A24 A240 A4 A40 A406 A316 A308 A3 M3 A404(M) A329(M) M25 M25 M4 4 5
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Bagshot is not only geographically close to London and other important destinations; it also has well-developed transport infrastructure that makes travel quick, easy and accessible.
Even air travellers are well served here. Heathrow is located only 20km to the east but nearer still is Blackbushe Airport. This small provincial airport has facilities for helicopters and light aircraft, and is popular for private domestic transfers into central London, the Thames Valley and more widely across the south of England.
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• Guildford 15 km
• Slough 18 km
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• Farnham
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• Heathrow Airport 20km
• Farnborough 9 km Woking 10 km
• London Waterloo (2 trains daily)
Bagshot is a small village in Surrey Heath, and part of the civil parish of Windlesham. It is situated on the edge of London’s protected greenbelt and, consequently, much of its surrounds are pleasantly undeveloped: farmland, a nature reserve, golf courses and open land owned by the Ministry of Defence.
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Railway Services
• Ascot
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• Maidenhead 18 km
Transport Infrastructure
• Aldershot Guildford
Bagshot and Surrey Heath Transport and Connectivity
For example, the nearest junction of the M3 is well under 500m from the property, so motorists have no trouble getting onto the local highway network. The M3 connects with London’s M25 ring-road just 11.5km away to the east. Meanwhile, the nearest junction of the M4, which runs between London and Bristol, lies just 15km to the northwest.
But despite its rural feel, the village makes an excellent base for workers in this, Britain’s most economically productive region. With London just a short way to the east, and with some of the country’s leading universities and research centres in convenient driving distance, Bagshot could hardly be better situated for tenants in working in highgrowth, higher-value industries.
• New digital connectivity schemes (£171m)
“Surrey is one of England’s most productive county economies. Home to world-leading academic and corporate R&D and some of the UK’s leading businesses, we offer excellent connectivity … a highly skilled workforce and a superb quality of life.”
Local RegionalandRegeneration
High-growth sectors include:
• Swinley Forest Golf Club 3.4 km
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QualityBagshot:of Life
• Windsor Great Park 8.5 km
• Automotive
• Highways revitalisation schemes (£115m)
• Vicarage Road Swinley Forest........................ 1.5 km
• Technology: electronics, space and satellite, telecoms etc.
• South NationalDownsPark 30 km
• 5% of active businesses to be high-growth businesses
In many parts of the UK, there are strong correlations between income and wellbeing. That’s certainly true of Bagshot and the wider county. Average earnings are well above the UK average and so too are many measures of health, education and general satisfaction.
• +19% growth in GVA
• Professional and business services
• Windlesham Golf Club 1.1 km
Key targets of the county council’s economic development strategy for 2030 include:
• Trampoline Park 7.0 km
Surrey is currently witnessing high levels of inward investment, but in terms of economic growth, it is already starting out from a high base. It is one of the UK’s most affluent counties and has an economy worth around £44 billion.
• Increase gigabit digital coverage to 40%
• Health and life sciences
• Barossa Nature Reserve 4.5 km
• Thorpe Park Resort 13 km
• Green/sustainable industries
• Swan Lake Park & Garden 8.4 km
InvestInSurrey writes that the county “is the most tree-covered area in the UK and (was) recently named top of … the UK’s Vitality Index.” In 2021, it was also crowned the best place to live in the South East by The Sunday Times.
The county is home to more than 350 primary and secondary schools, which rank as some of the best in the country.
• National Trust Witley & Milford Commons 22 km
• Coral Reef Waterworld .. 5.0 km
• Lightwater Country Park 0.7 km
• Bagshot Tennis Club ......... 1.4 km
Key drivers of local regeneration include:
However,average.thecounty is still working hard to deliver further growth, and many of its current projects have important implications for population, employment rates and, consequently, demand for property.
• Go Ape Bracknell 4.8 km
SURREY COUNTY COUNCIL “2030: OUR ECONOMIC STRATEGY STATEMENT”
• Surrey County Council’s capital and infrastructure programme (£1bn)
Residents are typically much more economically active than elsewhere in the country, and earnings are higher. The local county council notes that “Surrey has a higher proportion of its population in higher-status occupations than the country as a whole,” and that earnings are around 22% higher than the UK mean. GVA per person stands at £34,070, which is higher than almost anywhere else in Britain outside of London. This all provides a strong foundation, and helps to maintain the relative affordability of property, which is typically priced well above the UK
INVESTINSURREY
Surrey also has the country’s highest population of people educated to NVQ Level 4 or higher, and it ranks in the UK’s top 3 for the highest proportion of workers employed in professional occupations.
Local attractions:
• Chiltern Hills AONB.............. 25 km
• North Wessex Downs AONB ........................................... 35 km
• Chobham Common Nature Reserve .................... 5.5 km
“From Michelin-starred eateries to small cafes and bars, the bustling towns and villages in Surrey will spoil you for choice. Aside from the fantastic shopping, Surrey is a great place to visit for amazing sights and history.”
• Sustainable transport measures (£50m)
Open spaces:
• Creation of new development sites and commercial estates (various)
• Ascot Race Course 5.9 km
• Hankley Common 20 km
• Creative and digital
• Surrey Hills AONB 28 km
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The Property Market
• Average residential value (Bagshot) £432,775 (all types)
Comprising 79 apartments – a mix of studios and one- and two-bedroom apartments – it offers residents:
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Quality of life undoubtedly plays an important role in attracting newcomers to the region, and so too do local employment prospects. Unemployment rates here are well below both the UK and South East regional averages, and there is particularly strong demand for jobs in well-paid sectors such as accounting, healthcare, business development, software development and programming. The presence of some excellent schools, colleges and universities is another welcome bonus for residents.
• Population growth forecast (county) +11% by 2041
• Average annual rental growth (South East)......+7.7%
• Dedicated cycle storage
• On-site parking; 1 place per apartment
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• Population (Surrey Heath) c.89,000 1
3 Sources: 1. Enterprise M3 (local economic partnership) 2. ONS 3. Surrey County Council
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• Average residential value £184,000 (flats)
6 Sources: 4. Zoopla (Sept. 2022) 5. LiveYield (Sept. 2022) 6. HomeLet Rental Index (Jul. 2022)
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• Beautifully landscaped communal gardens
The resulting combination of growing population, strong demand and restricted supply has driven capital and rental values ever higher.
• Secure access system
• Population (Surrey) c.1.2 million
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• Average annual price growth +8.4% Average gross rental yields +4%
Complete and already tenanted, Bagshot Manor is a striking modern development set in a very desirable residential district.
The Development
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Featuring open plan layouts and top-quality fittings, the apartments suit discerning tenants who value high specifications, an attractive environment and an exceptionally convenient location.
Strong demand for property is driven partly by a fast-growing population. Local planners suggest that the county-wide population will increase by around +11% over the next 25 years, “reaching 1,309,500 by 2041.” Between now and then, an estimated 150,000 additional residents will be needing homes in Surrey.
While demand is rising steadily, property supply in Surrey Heath is relatively constrained. One important reason for that is the greenbelt surrounding the village, which makes it difficult to secure consents for new developments.
The Apartments
Fittings and appliances in the kitchens and bathrooms are sleek and energy efficient, as is the modern lighting. All this, plus excellent insulation and glazing systems, helps to keep energy costs to a minimum.
Built to the latest standards for safety and energy efficiency, the apartments are ideal for those who value a convenient location, stylish living and low running costs.
The apartments promise: • Open plan designs that make excellent use of daylight • Stylish kitchens with high-quality built-in appliances • Sleek bathroom suites • Light, neutral colour palettes • Low energy costs • A choice of sizes and layouts 10 11
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• Major investments currently ongoing
Summary
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Why Bagshot?
• Part of a large and successful county economy
• Set in a village where good quality homes are scarce
• Exceptionally strong rental demand
• A strong record of capital growth
The properties are now complete and ready-tenanted. Bagshot Manor offers a choice of attractive, modern apartments in a village where average values are rising steadily. For investors seeking a proven record of strong demand and capital appreciation, this is a rare and attractive opportunity.
• Complete and already income-producing
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• Stylish new units, ideal for commuters and busy professionals
• A fast-growing population
• Competitively priced for market launch
• Excellent capital growth potential
floor 7 x 1-bedroom 32 – 50 m2 1 x 1-bedroom studio 38 m2 14 15
Why Bagshot Manor?