Grosvenor Court Apartments Now all sold

Old Woking Surrey GU22 9LL

Grosvenor Court Apartments

Old Woking Surrey GU22 9LL

View Show Flat HERE
2 Bed Apartments £325,000.
Long leasehold 250 years + no ground rent.
Completed November 2018
17% house price growth forecast 2017-2022 for the South East (source:Savills).
29% capital growth for apartments in Woking over the last 5 years (source:Zoopla).
Estimated rental income 1 bedroom apartment £1,000 pcm.

Buy-to-Let

Why Buy-to-Let

Attractive against low saving rates and stock market volatility
Low Buy-to-Let mortgage rates
Bricks and Mortar investment with capital growth
Typical 5.33% gross rental yield on one bedroom apartments based on agents estimates
Stable medium to long term investment
Off plan purchasing opportunity for investors
New development with projected low maintenance and running costs
10 year warranty

Why Buy-to-Let in Woking

£450 million town centre regeneration project underway
Lower property prices outside of London leading to an increased number of people commuting
Woking to London Waterloo 24 minutes
Good transport links to M25/A3, Heathrow and Gatwick
Half hour walk to the station, 10 minutes by bike, 5 minutes by Uber
Up and coming area to live and work

About the development as a Buy-to-Let opportunity

There is a substantial difference in property prices between apartments in Woking which sell at £263,703 (source Zoopla) on average against those in central London. With the £450 Million regeneration of Woking Town Centre underway the ripple effect on the desirability to live in the surrounding areas such as Old Woking will only continue to rise, making now a fantastic time to invest.

For some, living in and commuting from Surrey may seem a little far-fetched, although when you consider that London Waterloo is accessible in just 24 minutes, the idea becomes much less daunting and a lot more logical. As well as this, residents are within close reach of the M25, the M3/A3 and the international airports of Heathrow T5 14 miles away and Gatwick Airport 30 miles and therefore well positioned for local, regional, and overseas travel.

Tantalus Homes is proud to present Grosvenor Court located in Old Woking about a half hour walk or 10 minute cycle ride from Woking town centre and mainline station. The initial phase of the development comprises the conversion of an attractive office building that offers a selection of contemporary one and two bedroom apartments finished to a high standard. Investors can expect gross rental yields of circa 5.3% making this an attractive investment opportunity, whether its purpose is as a supplementary income, retirement nest egg or the start of a successful Buy-to-Let business.

Local Area

Woking situated just outside of the M25 in North-West Surrey is an enterprising commuter town, which is fast becoming a go-to destination for would-be Londoners now considering more affordable locations. Old Woking boarding Guildford, Woking and the Surrey Hills is perfect for commuters looking for a blend of town and country living. The area attracts both families looking to settle down and young professionals alike thanks to Woking’s 'outstanding' Ofsted rated primary schools and vibrant economy be it first-time buyers or renters hoping to have a better chance of saving by living outside of Central London.

Availability

Floor layout plans

Specification

Living Areas

High quality wood laminate flooring from Balterio, Belgium. AC4 Commercial grade. Panoramic design.
White Glove vinyl matt emulsion finish walls.
Media panel incorporating 2 double electric sockets, TV socket cabled to enable connection to Sky Q (subject to subscription), terrestrial digital TV / radio, telephone socket, and 2 x data sockets.
3 x additional double electric sockets
Flat panel radiator
Low energy LED recessed downlights
Gas central heating, 2.7m high ceilings and BT Fibre to the home pre-installed

Kitchens

Designer kitchen units with Dove grey coloured doors to full height (approx 2.7m)
Grey coloured quartz worktops
Coloured glass splashback up to underside of wall units.
Brushed aluminium sockets.
USB sockets for mobile device charging.
All Integrated appliances are Bosch including:
- Combination oven
- Glass Gas hob
- Cooker hood and extractor fan
- Fridge/freezer
- Dishwasher (2 bed only)
- Washer/Dryer
Stainless steel undermounted sink with chrome tap and grooved worktop drainer.
Kitchen top underlighting
Low wattage continuously running mechanical extract ventilation system
Large format ceramic floor tiles.

Bathrooms

Large format ceramic floor and wall tiling.
Vanity unit basin with concealed plumbing and draw.
Low energy LED recessed downlights.
Shaver socket and Mirror.
White sanitaryware.
Chrome plated taps, shower mixer, fixed and hand held shower attachments.
Chrome plated towel rail.
Clear glass frameless shower enclosure
Low wattage continuously running mechanical extract ventilation system

Bedrooms

Grey tone fully fitted carpet.
Built in floor to ceiling wardrobe with double mirror finished sliding doors, internal drawers, and store boxes.
TV socket cabled to enable connection to Sky Q (subject to subscription), terrestrial digital TV and FM radio and data socket.
White Glove vinyl matt emulsion finish walls.
4 x double electric sockets
USB sockets for mobile device charging next to bed.
Flat panel radiator

Hallway

Cupboard with consumer unit and meters
BT Optical Network Termination box and double electric socket
Low energy LED recessed downlights
Video entry security
Secure by Design front door incorporating spy hole, letterbox and security chain
High quality wood laminate flooring from Balterio, Belgium
Flat panel radiator

In the grounds