BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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“The Bayswater Apartments are a collection of one, two and three bedroom apartments within a Grade II listed mid-Victorian white stucco terrace on the edge of Hyde Park, W2. One of London’s most cosmopolitan neighbourhoods, residents of Bayswater choose the location for its vibrant local character and charming proportions - the wide streets, sweeping crescents and garden squares rivalling any of those to be found in Belgravia and Notting Hill. Situated on “the right side of the park”, along with some of the most expensive real estate in the world, Bayswater offers buyers better value and a strong potential for growth. The fifteen apartments, designed by prestigious London architects Robin Partington & Partners adopt the timeless elegance of their exterior façade, internalising the natural light and space that comes with park side living. Once completed, they will rank alongside Bayswater’s finest residences, a product of a build that utilises only the best technology, quality and comfort of our age.”

Pricing From £1,950,000

Net internal floor areas Approx. 604 – 1,864 SQFT

Ground Rent

£1,500 - £3,500 PA

Estimated service Charge

£4.97 PSF

The Vendor MHA London

Location

Bayswater Apartments, 2-6 Inverness Terrace, Bayswater, London, W2 3HU

Local Authority

City of Westminster

Tenure 999 year leasehold

Warranty

10 year Premier Building Guarantee

Anticipated Completion Q2/Q3 2017

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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GENERAL SPECIFICATION –

Main Reception Hall • Entrance mat well with brass trim • Stone tiled hall • Letter boxes for each apartment • Passenger lift • Video entry phone • CCTV to entrance hall and lobby area • Framed artwork

Apartment Reception Halls • Large panelled front doors with multi point locking • Video entry phone to main front door • Engineered oak flooring • Nickel door furniture

Reception rooms • Engineered Oak flooring • Bespoke joinery • Adjustable LED lighting by Orlight • Cast Iron Radiators

Kitchens • Bespoke design kitchens • Siemens appliances, oven, induction hob, fridge freezer, dishwasher, washing machine • Franke sink and tap • Silestone worktops • Engineered Oak flooring

Bathrooms and Shower rooms • Lefroy Brooks shower controls and tap wear • Duravit WC • Majestic shower screens • Bette Baths (where shown on plans) • Over basin mirrored vanity cabinet • Vogue Towel Rails • Fired Earth Floor Tiles • Fired Earth marble wall tiles • Warm white LED contour lighting • Shaver socket • John Cullen Oslo low level floor washer lights • Under floor heating

Bedrooms • Bespoke joinery • Fully fitted carpets

AV and Data • Cat 5 data / telephone points to all habitable rooms • Television points to all habitable rooms • Satellite TV enabled, subject to future purchaser connection

General Specification • Gas central heating • Muted wall colours • Decorative cornicing and feature mold plaster work to certain rooms • Large panelled internal doors • Antique bronze switches and sockets • LED down lighters by Orlight • Antique bronze ironmongery • Air conditioning to living areas and master bedrooms • Box sash windows to certain rooms • BREEAM ‘Good’ rating • CCTV to entrance hall and lobby area • Provision for individual security alarms to each apartment • Integrated building and individual apartment fire detection systems • Bicycle storage • Bin store • Car club membership

Security • Porter • CCTV to entrance hall and lobby area • Multipoint locking to Apartment front doors • Video Entry phones

Tenure • 999 Year Leasehold

Warranty • 10 year Premier Building Guarantee MHA London operates a policy of continual improvement and as such the specification and layouts may change during the course of construction.

*Please note, these are subject to change

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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INDICATIVE CGIS

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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INDICATIVE CGIS

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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TRANSPORT LINKS – UNDERGROUND & RAIL

EXCELLENT LOCAL TRANSPORT LINKS (ZONE 1) - Local transport links are excellent, In terms of location, Bayswater Apartments is hard to beat - it is a 60 second’s walk away from Kensington Gardens which leads onto Hyde Park, 2 minutes' walk to Queensway Underground Station, 5 minutes' walk to Bayswater Underground Station, 10 minutes' walk to Lancaster Gate & Notting Hill Gate Underground Station & 14 minutes’ walk to Paddington Rail & Underground Stations perfectly placed for London living.

Queensway Underground Station – 0.1 mile* - 1 minutes’ walk* from Bayswater Apartments Bayswater Underground Station – 0.2 mile* - 2 minutes’ walk* from Bayswater Apartments Lancaster Gate & Notting Hill Gate Station’s – 0.5 mile* - 6 & 7 minutes’ walk* from Bayswater Apartments OR Paddington Rail & Underground Station – 0.7 mile* - 11 minutes’ walk from Bayswater Apartments – (Crossrail access) Walking times/distances are sourced by www.googlemaps.co.uk*

Average journey times from; • Marble Arch Station - 3 minutes** (from Queensway station) • Bond Street Station - 5 minutes** (from Queensway station) • Shepherds Bush Station (access to Westfield’s) - 4 minutes** (from Queensway station) • Oxford Circus Station – 6 minutes** (from Queensway station) • Green Park Station - 11 minutes** (from Queensway station) • Baker Street Station - 11 minutes** (from Queensway station) • Victoria Station - 13 minutes** (from Queensway station) • St Paul’s Station - 13 minutes** (from Queensway station) • Paddington Station – 11 minutes** (from Queensway station) (Cross rail access) • Heathrow Terminals 1-3 Station – 35 minutes** (from Queensway station) Average underground journey times from Queensway Station: Source: tfl.gov.uk**

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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CROSSRAIL – BOND STREET STATION Bond Street is in the heart of London’s West End, the busiest shopping district in the UK – serving tourists, residents and businesses in the area. More than 155,000 passengers use the existing Tube station daily. When Crossrail arrives in 2018, passenger numbers are anticipated to grow to over 220,000, daily. In order to cater for the increase in passenger numbers Crossrail is constructing two new ticket halls – a western ticket hall at Davies Street and an eastern ticket hall on the corner of Hanover Square and Tenterden Street. Step-free access will be provided to the 260m station platforms 26m beneath the south side of Oxford Street. In addition to this a step free passenger link tunnel will connect the Crossrail platforms to the existing London Underground station.

Bond Street Station – 1.7 miles* from Bayswater Apartments 5 minutes** from Queensway Station. Journey distances sourced by www.googlemaps.co.uk* travel times Source: tfl.gov.uk**

Average predicted journey times; • Tottenham Court Road Station - 1 minutes**(from Bond Street Station) • Paddington Station – 3 minutes** (from Bond Street Station) • Stratford Station (Westfield’s Shopping Centre) - 15 minutes** (from Bond Street Station) • Canary Wharf - 15 minutes** (from Bond Street Station) • Heathrow Airport (T123) - 27 minutes** (from Bond Street Station) Average Crossrail journey times sourced from www.crossrail.co.uk**

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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LONDON UNIVERSITIES AND COLLEGES

University of Westminster University of Westminster, 309 Regent St, City of Westminster, W1B 2UW 2.4 miles – 11mins drive* Closest station – Oxford Circus Station – 6 minutes from Queensway station**

UCL – University College London Gower Street, WC1E 6BT 2.7 miles – 11mins drive* Closest station – Warren Street Station – 11 minutes from Queensway station**

King’s College London Strand, WC2R 2LS 4.2 miles – 17mins drive* Closest station – Temple Station – 21 minutes from Queensway station**

London Business School 26 Sussex Pl, London NW1 4SA 3 miles – 12mins drive* Closest station – Baker Street – 11 minutes from Queensway station**

City University London Northampton Square, London EC1V 0HB 5 miles – 20mins drive* Closest station – Angel – 21 minutes from Queensway station**

London School of Economics Houghton St, London WC2A 2AE 4 miles – 16mins drive* Closest station – Temple Station – 21 minutes from Queensway station**

London Metropolitan University 166-220 Holloway Rd, Holloway, London N7 8DB 5.5 miles – 21mins drive* Closest station – Holloway Road Station – 24 minutes from Queensway station**

London South Bank University 103 Borough Rd, London SE1 0AA 4.4 miles – 18mins drive* Closest station – Elephant & Castle Station – 22 minutes from Queensway station**

Average underground journey times from Premier House Station. Source: tfl.gov.uk** Walking times sourced by www.walkit.com & www.googlemaps.co.uk*

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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AREA INFORMATION – KENSINGTON GARDENS/HYDE PARK

Kensington Gardens & Hyde Park – 1 minute walk* from Bayswater Apartments Kensington Palace is a royal residence set in Kensington Gardens, in the Royal Borough of Kensington and Chelsea in London, England. It has been a residence of the British Royal Family since the 17th century, and is the official London residence of the Duke and Duchess of Cambridge, Prince Harry, the Duke and Duchess of Gloucester, the Duke and Duchess of Kent, and Prince and Princess Michael of Kent. Today, the State Rooms are open to the public and managed by the independent charity Historic Royal Palaces, a non- profit organization that does not receive public funds.[1] The offices and private accommodation areas of the Palace remain the responsibility of the Royal Household and are maintained by the Royal Household Property Section. Hyde Park is one of the largest parks in London, and one of the Royal Parks of London, famous for its Speakers' Corner. The park was the site of the Great Exhibition of 1851, for which the Crystal Palace was designed by Joseph Paxton. The park is divided in two by the Serpentine and the Long Water. The park is contiguous with Kensington Gardens; Hyde Park is the largest of four parks which form a chain from the entrance of Kensington Palace through Kensington Gardens and Hyde Park, via Hyde Park Corner and Green Park (19 hectares), past the main entrance to Buckingham Palace and then on through Saint James's Park (23 hectares) to Horse Guards Parade in Whitehall.

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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AREA INFORMATION – WHITELEYS SHOPPING CENTRE Whiteley’s – 6 minutes’ walk* from Bayswater Apartments -

In 1989 Whitley’s was re-opened as a shopping centre. The current Whitley’s contains a large number of shops and places to eat including Marks & Spencer, HMV, Starbucks and a sushi bar. Leisure facilities include an Odeon cinema and bowling alley. The shopping centre never worked as a retail destination and became much maligned by the wealthy and sophisticated residents of nearby Notting Hill. Since 2005 a slow change of direction began under a new management regime which incorporated substantial physical improvements to the interior, the replacement of McDonalds with Rowley Leigh's new restaurant Le Café Anglais and a new food hall in the central mall area. In June 2008 the ground floor was transformed into what the management have called a 'food store', essentially a larger, more glamorous version of a department store food hall.

REGENERATION:

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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AREA INFORMATION – SHEPHERDS BUSH WESTFIELDS SHOPPING CENTRE

Westfield’s – 8 minute drive* from Bayswater Apartments Westfield London is a shopping centre in White City, London, United Kingdom, in the London Borough of Hammersmith and Fulham. The centre was developed by the Westfield Group at a cost of £1.6bn, on a site bounded by the West Cross Route (A3220), the West way (A40) and Wood Lane (A219). It opened on 30 October 2008 and became the largest covered shopping development in the capital, dethroning the Whit gift Centre in Croydon. The site is part of the White City district, where several other large scale development projects are under way or in the planning stages. The development is on a large brownfield site, part of which was once the location of the 1908 Franco- British Exhibition; the initial site clearance demolished the set of halls still remaining from the exhibition (their cheap-to- build, white-painted blank facades are said to be the origin of the name "White City"). Much of the site was in use as a railway depot excavated to a lower level and built over. The centre is noted for its size: it has a retail floor area of 150,000 m² (1.615m ft²), the equivalent of about 30 football pitches. At the time of its opening it was reported to be the second largest commercial centre in the UK (after Metro Centre near Newcastle). The nearest London Underground stations are Wood Lane, White City, Shepherd's Bush and Shepherd's Bush Market. The nearest rail station is Shepherd's Bush, served by suburban London Overground services and by longer distance Southern services between Milton Keynes Central and East Croydon.

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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COUNCIL TAX BANDS FOR 2016/2017 https://www.westminster.gov.uk/council-tax-bands-and-rates

BAND A

BAND B

BAND C

BAND D

BAND E

BAND F

BAND G

BAND H

£445.87

£520.19

£594.49

£668.81

£817.43

£966.06

£1,114.68

£1,337.62

DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT 1. Passport / ID card

2. A current utility bill (not mobile phone) or bank statement showing name and home address. If neither document can be provided then:- 1. An Inland Revenue demand or 2. A letter from employer stating home address

Please be advised that the solicitors must see the original copies of the above.

OTHER ASSOCIATED BUYING FEES 1. Non-refundable booking deposit of £5,000 payable upon reservation / exchange of contracts

2. A further 10% of purchase price, less booking deposit paid, payable within 21 days

2. A further 10% of purchase price, payable six months from exchange

3. Balance of 80% payable on completion

PURCHASER LEGAL FEES Legal fees would be £2,750 + VAT + Disbursements for property value up to £3,000,000.

Above £3,000,000 the legal fees will be £3,000 + VAT + Disbursement.

& Above £4,700,000 the legal fees will be £4,500 + VAT + Disbursement

STAMP DUTY - From 4th December 2014, SDLT rates will be applied on a graduated basis.

For more information go to https://www.gov.uk/stamp-duty-land-tax-rates Stamp duty bands:

• 0% of the first £125,000 of property price | 3% for Buy to Let/Additional Home Rate • 2% of the next £125,000 of property price | 5% for Buy to Let/Additional Home Rate • 5% on the next £675,000 of property price | 8% for Buy to Let/Additional Home Rate • 10% on the next £575,000 of property price | 13% for Buy to Let/Additional Home Rate • 12% on the rest of property price (over £1.5 million) | 15% for Buy to Let/Additional Home Rate

BAYSWATER APARTMENTS, INVERNESS TERRACE, LONDON W2

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VENDOR’S SOLICITORS YVA Solicitors LLP YVA House 811 High Road North Finchley London N12 8JT Contact: Mr Nick Kephalas Tel: +44(0) 208 445 9898 Email: nkephalas@yvasolicitors.com www.yvasolicitors.com

RECOMMENDED PURCHASER’S SOLICITORS Riseam Sharples 2 Tower Street London WC2H 9NP Contact: Hani Zuhuri Tel: +44 (0)20 7257 8911 Email: hani@rs-law.co.uk

RECOMMENDED LETTINGS AGENTS Fraser & Co 11 Westcliffe apartments 1 South Wharf Road Paddington W2 1JB Contact: Gemma Hyland Tel: +44(0) 20 7725 4272 Email: gemma.hyland@fraser.uk.com www.fraser.uk.com

Disclaimer The information contained in this document is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted herein subject to the possibility of errors, omissions or changes without notice. Where we have provided information, views or responses, they are based on the source information we have received we included opinions, assumptions or estimates for examples only, and they may not represent current or future performance of the property. You and your advisors should conduct your own review and investigate before relying on the information in this document. 16/9/16