LONDON BOROUGH OF HOUNSLOW
Hounslow is an area rich in diversity - a diversity of people, geography and
business - that makes it one of the most exciting and thriving communities in
London.
Nearly a quarter of a million people live in the Borough and their varying
backgrounds and culture give the area a bustling, cosmopolitan feel.
Hounslow is one of the great gateways to the capital. It borders Heathrow
Airport, the world's busiest international airport, to the west, while its
eastern boundary is just a few miles from the very centre of one of the world's
greatest cities.
Economic Development
Hounslow is in the heart of one of the most dynamic and sought after locations
for business in the world.
Strategically situated between Heathrow airport and Central London, with
excellent east-west road and public transport links, it has attracted major
blue-chip companies such as Glaxo Smith Kline, Agfa, IBM and Cisco Systems.
Companies such as BSky B and Discovery Channel represent a strong TV and media
interest.
Prestigious business parks at either end of the borough - Bedfont Lakes and
Chiswick Park - provide modern office facilities in campus style locations,
while logistics and airport catering are part of a thriving airport support
sector based in more traditional industrial surroundings.
It is a centre for international headquarters, for manufacturing, high tech
industries and tradable services and it is a world gateway, being home of the
busiest international airport in the world, Heathrow.
London has...........
> A British Pound 19 billion economy.
> 40 million of goods and services used each day.
> Almost 30% of all the media jobs in the UK.
> The largest and most broadly-based concentration of manufacturing firms in
London - with 87,000 employees (9% of West London employment).
> The UK's largest concentration of IT activity with the industry's top 10
global players having a presence in West London.
> Producer and consumer services that account for 41% of West London employment,
and international visitor attractions like Wembley and Earl's Court / Olympia
collectively attract over 10 million visitors a year. (SOURCE:
www.iondon-first.co.uk)
GOVERNMENT INVESTMENT IN TRANSPORT LINKS
The area is served by both the London Underground and South West Trains,
providing quick and efficient links into Central London and the rest of the
country.
The Mayor of London, Ken Livingstone recently announced that Hounslow is to
benefit from a British Pound 10 billion investment programme to transform
London's transport network. Speaking from City Hall, the Mayor said: "This is a
once in a lifetime opportunity to reverse decades of under-investment in
Hounslow and right across London/'
The main benefit for Hounslow includes the modernization of the Hounslow bus
station along with improvements to District and Piccadilly Lines.
The Mayor added: "The last five years have seen huge improvements in
Hounslow's bus services. This investment programme will build on this..'
(SOURCE: www.tf1.gov.uk)
LAND & PROPERTY PRICES
The average price per hectare for land in this area was British Pound 759,000 in
1983. In 2006, the average price per hectare for residential development has
risen to British Pound 8,450,000. (Source: VOA Residential Building Land Index
January 2006).
The average price of a house in Greater London is currently British Pound
257,120, compared to the UK average of British Pound 169,901.
In total, in the past ten years house prices in Greater London have risen by
233%. (SOURCE: Halifax House Price Index, Fourth Quarter 2005)
It is believed that the 2012 London Olympics will provide a further boost to
land and property prices in the London area.
THE LONDON PLAN
The London Plan sets out strategic policies for development in the London
Boroughs. As a Spatial Development Strategy its objectives are to create an
integrated social, economic and environmental framework for the future of
London.
The vision of the London Plan is to develop London as an exemplary, sustainable
World City, based on three interwoven themes:
> Strong diverse long term economic growth
> Social inclusively to give all Londoners the opportunity to share in London's
future success
> Fundamental improvements in London's environment and use of resources
The Borough of Hounslow plays a key role in the West London Sub Region and the
area between Heathrow, Bedfont Lakes and Feltham in which the site is located
has been identified as an Opportunity Area. This is expected to provide 91
hectares of development to create 5,500 new jobs and almost 1000 houses before
2016.
SITE OVERVIEW
Concorde Village consists of a 120 acre former quarry with extensive frontage to
Chertsey Road and Ashford Road. The site was formerly a sand and gravel
supplier. The site is currently unused apart from fishing lakes and open
grazing. The boundary of the site is well denned along the Chertsey Road and
secured by chain link fences.
Directly to the south and west of Concorde Village are the rear gardens of
residential properties. Residential development in this vicinity is relatively
high density. Bedfont Lakes Country Park lies a short distance to the north west
and there are areas of established local employment and community facilities
nearby.
LOCAL POLICY
Hounslow Council will shortly begin a review of the Unitary Development Plan.
Preliminary stakeholder consultations commenced in April 2006. The Council
expect to publish preferred options for their future strategy and for
development proposals in September 2007 with an estimated adoption of the new
plans in May 2009.
WHY BUY U.K. LAND?
Land across the UK has increased in value by a staggering 1634% over the past 23
years. Can you say the same for your other investments?
(Source: H.M. Government Valuation Office Agency 2006)
Due to the current shortage of housing in England and the government's plan to
build 4.8 million new homes, now is an excellent time to invest in land.
Profitable Plots is committed to helping the astute investor find the right
parcel of land at an affordable price and offers you, the client, a fully
comprehensive service from initial enquiry to transfer of the full title deed
from Her Majesty's Land Registry.
So if you are looking for a medium to long-term investment, a plot of land can
also be your pot of gold. Read on to find out how.
WHY BUY U.K. LAND NOW?
BETTER PERFORMER = HIGHER RETURNS
Traditional investments like stocks, bonds or savings are not performing as
expected these days. With the value of land going up, land investment has proven
to be the better option.
BIGGER POPULATION = MORE HOUSING
With a fast growing population and the current shortage of housing, more housing
is needed to meet this demand.
MORE HOUSING = MORE DEVELOPABLE LAND
With housing demand up, more land is needed for development.
MORE LAND NEEDED = HIGHER LAND VALUE
Land that meets the Government Planning Policy Guidelines (PPG) gets planning
permission in a shorter period and generates higher returns. At Profitable
Plots, we buy land that meets PPG criteria.
GOLDEN RULES WHEN BUYING STRATEGIC LAND
Only buy land:
1. In locations where prices without planning are rising
2. Close to existing developments & in desirable locations
3. In areas where Government policy is decided, announced and put into action
4. Selected by proven planning experts
5. Adhering to the Government's planning policy guidelines (PPG)
6. With good drainage and no history of flooding
7. Without covenants that can interfere with planning
8. In an area targeted by government and currently behind target
9. Near existing roads that can support increased traffic
10. Recommended by expert Planning Consultants (DLP)
WHY PROFITABLE PLOTS?
HIGH QUALITY PRODUCT
We leverage on our experts' knowledge and extensive research to offer land with
high potential yield.
HIGH QUALITY COMPANY
With over 100 years of working experience, transparency and professionalism are
hallmarks of our service. We've been featured in CNBC Europe's 'Power Lunch'
programme.
HIGH QUALITY PROCESS
Our clients have confidence in our rigorous transaction process overseen by an
independent Compliance Department.
HIGH QUALITY RETURNS
Our buy-back guarantee offers you high returns on your investment.
BECOMING A LAND OWNER
WHAT DOES IT TAKE TO BECOME A LANDOWNER?
RECEIVING THE TITLE DEED
Once you have reserved your plot and our Compliance Department has processed all
the details, conveyance takes place. Conveyance is the legal process of
transferring land from one owner to another. When you become the new owner, you
will receive a document - the 'title deed7 - that shows that you are the
registered and rightful owner of the land.
GUARANTEED LAND OWNERSHIP
The agency that dispenses title deeds in the UK is Her Majesty's Land Registry.
With 1.3 trillion pounds worth of land and property registered in its database,
they register more than 1 million pounds worth of property per minute in England
and Wales. Established since the year 1862, you can be confident that their
meticulous process of transferring and registering land is simple and reliable.
GOVERNING RULES
H.M. Land Registry registers land according to the Magna Carta or "Great
Charter". Signed by King John in the year 1215 at Runnymede, the charter is the
last word on various rights concerning land apportionment and ownership. It
still governs these rights in the UK today - almost 800 years later.
For detail information please contact us :
Suite 22.01 Level 22
Menara Standard Chartered, 30 Jalan Sultan Ismail' 50250 Kuala Lumpur' MALAYSIA
Tel: +603 2143 2468 Fax: +603 2143 3306
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February 07, 2009 10:46:52 AM |