Residential Lettings Television Centre
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Television Centre Residential Lettings
Television Centre is a major
redevelopment of a West
London landmark in a very
well-connected area of London
that is undergoing a multi-billion
pound regeneration.
Television Centre
White City W12
A completed illustration of the development Rental illustrations Bedrooms Size (sq ft) Estimated rental values £pw* Studio 369 – 495 415 – 450 1 530 – 673 460 – 570 2 801–1,830 550 – 1,500 3+ 1,366 – 4,050 870 – 3,300 *Estimated valuations prepared by Strutt & Parker and Savills (August 2017)
A new centre of gravity
By the end of 2018, 432 new apartments Amenities
will have completed at Television Centre. – 24 hour residents’ concierge
Residents will benefit from a range of –R esidents’ lounge overlooking
amenities including 24 hour concierge, the private landscaped gardens
private landscaped gardens, residents – Private screening room
lounge, screening room and secure parking, –H ealth club, swimming pool and
in addition to a gym, swimming pool and Hammam run by Soho House
hammam managed by Soho House. – Deli, cafés and restaurants
–B asement car and cycle parking
The development will be alive day and
night, with up to 3,500 workers from BBC
Worldwide and The White Company based
at Television Centre’s new office building.
Soho House will provide a three-screen
Electric Cinema, a 47 bedroom hotel and
a brand new rooftop members club.
Cafes and restaurants moving in include
Bluebird, Kricket, Homeslice, Patty & Bun
and The Allis.
Life at Television Centre will be further
enriched with three live Television Studios
making flagship programmes such as
The Jonathan Ross Show and The Graham
Norton Show.
The wider plan, already underway in White
City, includes:
— A new campus for Imperial College London
(the world’s top 10 ranked university),
completing in 2018/19
— An extension to Westfield London (the
UK’s number 1 shopping centre) including
a brand new 230,000 sq ft John Lewis
— White City Place, the area’s hottest new
business district with occupiers including
Yoox-Net a Porter, OneWeb, Royal College
of Art and the BBC.
Well connected
Television Centre has easy access to Some key points of interest for our investor
London’s vast established transport network. landlords are as follows:
In addition to White City and Wood Lane
Underground stations, the area is served by – Television Centre will appeal to the
excellent Overground, bus and road routes London rental market by offering
into the West End, the City, Canary Wharf meticulously designed accommodation
and beyond. within a district that is already serviced
by fantastic transport links.
Travel times
– Paddington: 7 mins – With a shortage of quality rental stock in
– Bond Street: 12 mins London, Savills and Strutt & Parker believe
– Bank: 22 mins that the development is well positioned
– Heathrow: 30 mins (by road) to attract both residential and corporate
– Canary Wharf: 32 mins tenants alike.
Source: tfl.gov.uk
– Corporate tenants have a preference for
properties in developments and location
that offer lifestyle and leisure amenities.
– Demand for well-appointed apartments
offering lifestyle facilities is growing and
is set to increase over the next five years.
Investor example
1 bedroom apartment 610 sq ft
Investor pays £750,000 (£1,230 per sq ft)
Stamp duty £50,000 (assumes additional 3% SDLT charge*)
Market rent £500 per week
Annual income £26,000 (£500 × 52 weeks)
Gross yield 3.53%
* The illustration assumes that the purchase is not the principle residence.
Key facts
Leasehold 975 years
(commencing on the first quarter
day prior to the first completion of
any Apartment Lease on the Estate)
Ground rent per year Studio: £350.00
1 bedroom: £450.00
2 bedroom: £600.00
3 bedroom: £750.00
Premium or Penthouse: £1,000
(reviewed upwards only every 10 years
by reference to inflation)
Estimated annual service charge £6.75 per sq ft
Estimated completion Phased between Q4 2017 and Q4 2018
Lettings and Management 16.2% inc. VAT (usually 20.4% inc. VAT)
Post purchase, pre-let service Free (usually £600.00)
Whilst all figures have been quoted with good faith and without prejudice, neither Savills nor Strutt & Parker can be held responsible
whatsoever for the market conditions when the premises purchased is marketed on the open lettings market. This information is provided
as advice at the time it is given and prior to the premises being marketed. It does not constitute a formal valuation and should not be relied
upon for matrimonial, loan or security purposes. In a volatile market our advice can become outdated and accordingly we may wish to
review our opinion over time.
Furniture packages For your convenience, we have teamed up with two interior designers – Suzy Hoodless and BoxNine7 – who can assist in furnishing your apartment and more. Suzy Hoodless Suzy Hoodless is an acclaimed interior designer who set up her interior design consultancy after five year as editor at Wallpaper magazine. Now a fixture in House & Garden magazine’s top 100 interior designers, Suzy has developed four collections specifically for Television Centre with prices from £17,500. All collections include a consultation, please ask the sales team for further information, including a Suzy Hoodless for Television Centre brochure, or contact: info@suzyhoodless.com +44 (0)20 7221 8844
Furniture packages BoxNine7 BoxNine7 provide tailored furnishing solutions to landlords and investors. As well as quality of product and market knowledge, their strength is in offering a hassle-free service with short lead times, a 5 year guarantee, and a price promise. Packages for studios start at £4,635, please ask the sales team for further information, including a BoxNine7 Television Centre brochure, or contact: hello@boxnine7.com +44 (0)20 3239 7970
Joint Letting Agents Sales & Marketing Pavilion Important notice
All computer-generated images (CGIs)
and photography images are indicative only.
Savills and Strutt & Parker for themselves
Savills The Pavilion Building and their clients and any joint agents give
+44 (0)20 7016 3819 Television Centre notice that:
www.savills.co.uk 89 Wood Lane 1. They are not authorised to make or give
any representations or warranties in relation
newhomes@savills.com London W12 7FA to the property either here or elsewhere,
either on their own behalf or on behalf of
+44 (0)20 8811 8720 their client or otherwise. They assume no
Strutt & Parker responsibility for any statement that may be
+44 (0)20 7318 5138 made in these particulars. These particulars
have been prepared in good faith and with
www.struttandparker. com all due care and are believed to be correct
development.lettings@struttandparker.com at the time of publication. However, they
do not constitute any contract, part of a
contract, offer representation or warranty
and must not be relied upon as statements
or representations of fact.
2. Any areas, dimensions, measurements or
distances are approximate. The text, images,
photographs and plans are for guidance only
and are not necessarily comprehensive. It
should not be assumed that the property has
all the necessary planning, building regulation
or other consents and neither Savills nor
Strutt & Parker or their clients or joint agents
have tested any services, equipment or
facilities. Purchasers must satisfy themselves
by inspection or otherwise.
3. These particulars were prepared from
preliminary plans and specifications before
the completion of the properties and are
intended only as a guide for the marketing
of Television Centre. Elements may change
during construction and final finishes could
vary. Prospective purchasers should not
rely on this information and should ensure
that their solicitor checks the plans and
specification attached to their contract.
Design by dn&co.
dnco.com
September 2017
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