rs investors brochure 2015 v1 print

R I C H M O N D

A P A R T M E N T S

R I C H M O N D

S Q U A R E

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Richmond Square is the ultimate in urban living. An exceptional choice of

exclusive accommodation that compliments a complete lifestyle experience.

Our striking apartments offer luxury and style to create a contemporary haven

set in a prime location in the heart of Cardiff.

The square has been cleverly designed to sit sympathetically in its surroundings

and introduces sustainable technologies and design. Clever use of glass, timber

and render all work together to create a light and contemporary building which

enhances the streetscape and provides fabulous spaces to live in.

As well as the apartments in the main square, the development also includes

RICHMOND APARTMENTS and 109 RICHMOND ROAD.

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Cardiff is one of Europe’s fastest

developing capital cities. The city is

a hub for business, tourism, culture,

nightlife, sport, shopping and leisure -

all the components you need for a truly

enjoyable lifestyle. It is fast becoming a

vibrant and exciting place to live.

The lure of thriving city centre living

or the style and charisma of the Cardiff

Bay offer the perfect backdrop for those

looking for something special.

Within the compact city centre

you’ll find unique attractions, varied

arts and entertainment plus stylish

shopping with a difference. Innovative

architecture sits alongside historic

buildings, the bustle of the city centre

is only a few strides from acres of

peaceful parklands, and Cardiff Bay,

now one of Europe’s premier waterfront

developments offers a cosmopolitan

twist to city life.

CARDIFF

CAPITAL CITY

C A R D I F F6 5 , 0 0 0

S T U D E N T S

C H O O S E

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CITY CENTRE

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Set in it’s own secure community, Richmond Square offers a range of

accommodation options over 65 units :

D E V E L O P M E N T / / C A M P U S O V E R V I E W

Styled to the highest specification each

apartment compliments its setting

and is designed to offer a stylish and

contemporary living experience.

The entire development of just under

one acre includes 77 flats, which

houses 103 tenants and benefits from

a residential planning consent that

is unrestricted on 55 flats. The rear

block which has 22 flats is allocated

for students and key workers - all

set in the hub of the city centre and

Cathays districts. Each is designed

with an open plan living area offering

a bright and inviting interior space,

modular integrated kitchens and sleek

’Porcelenosa’ bathrooms.

The square has been designed to

offer the ultimate in modern living

and the perfect lifestyle choice for

young professionals and students

alike. Boasting style and comfort and

a superb location you’re sure to find

your dream home right here. Alive

with some of Cardiff’s most popular

restaurants, pubs, bars and shopping

precincts if you enjoy the buzz of city

life then this is the perfect place. The

city centre and university campuses

are an easy walk but you return to your

home from home to enjoy the suburban

tranquillity set around a private court

yard and perfect outside haven.

Richmond Square is perfectly placed

close to all major bus routes and short

walk away from the train stations. For

those who prefer to travel at their own

pace the development includes remote

controlled garages and open parking as

well as a secure bike storage facility.

A B O U T / / R I C H M O N D S Q U A R E

1 B E D O P E N P L A N

1 B E D O P E N P L A N D U P L E X

1 B E D A P A R T M E N T S

2 B E D D U P L E X

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Our open plan apartments offer a compact and minimalist approach to

living. The clever use of floor to ceiling windows creates a light and open

space

The spectacular open plan apartments boast all of the adjacent features

as well as the added ‘wow factor’ of vaulted ceilings housing an additional

mezzanine level.

The extra space offers endless possibilities to accommodate couples as well

as sole occupants as an additional single bedroom or study area and can be

maximized to best suit your needs.

O N E B E D O P E N P L A N & D U P L E X

/ / 3 0 M 2 / 3 3 7 s q f t T O 3 6 M 2 / 3 8 8 s q f t

• Open plan kitchen/lounge

• Double Bedroom

• Space saving fitted Wardrobes

• Bedside cabinet for additional storage

• Contemporary style bathroom / showers rooms with Porcelanosa

sanitaryware

• Fully Integrated kitchen with washer dryer/ dishwasher/fridge freezer/

oven & electric hob

• Fully tiled floors in kitchen, lounge and bathroom

• Under floor heating

• Modern seating

• Coffee Table

• TV Stand/Cabinet

• Internet connection points

• State of the art Intercom/ security system

F E A T U R E S / /

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Our open plan apartments offer a compact and minimalist approach to

living. The clever use of floor to ceiling windows creates a light and open

space. Each apartment comes fully furnished comprising of:


• Fully Integrated kitchen with washer dryer/fridge with freezer

compartment/ oven and electric hob

• Contemporary style bathrooms with Porcelanosa sanitary ware



• Modern seating

• Coffee Table



• State of the art Intercom / security system

Selected ground floor apartments benefit from French doors opening into

the central courtyard with patio areas.

Other 1 bed apartments benefit from large bay windows to front aspect,

vaulted ceilings on upper floors and Juliet balconies.

O N E B E D A P A R T M E N T

/ / 3 8 M 2 / 3 9 8 s q f t T O 4 7 M 2 / 5 0 6 s q f t

T W O B E D D U P L E X

/ / 5 3 M 2 / 5 7 1 s q f t T O 5 7 M 2 / 6 1 5 s q f t

The ultimate in split level living. Space is maximized to present the bedrooms

on the lower level including an additional bathroom then complimented by

a top floor loft living space and open plan kitchen above. The apartments

come fully furnished and comprise of:


• Double Bedrooms




oven & electric hob

• Contemporary style bathroom / showers rooms with Porcelanosa

sanitary ware



• Modern seating

• Coffee Table



• State of the art Intercom/ security system

• Juliette balconies

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Richmond Apartments have been refurbished since contruction to a similar

standard as Richmond Square. The building also has the benefit of planning

permission for dorma’s in the roof, which will enhance the layout of the top

floor apartments once completed.


• Fully Integrated kitchen with washer dryer/fridge with freezer

compartment/ oven and electric hob

• Gas Combination Boilers

• Modern seating

• Coffee Table



• State of the art Intercom / security system

R I C H M O N D A P A R T M E N T S6 X F O U R B E D A P A R T M E N T S

2 X T W O B E D A P A R T M E N T S

/ / 4 7 M 2 / 5 0 6 s q f t T O 8 6 M 2 / 9 2 6 s q f t

1 0 9 R I C H M O N D R O A D3 X O N E B E D A P A R T M E N T S

1 X T W O B E D D U P L E X A P A R T M E N T S

/ / 4 0 M 2 / 4 3 0 s q f t T O 7 0 M 2 / 7 5 3 s q f t

This Three storey unit was built in the traditional style of the area with

original dress stone to complement the existing terrace. Specifications are

again to the high standards of the development in general and feature:


• Double Bedrooms



• Contemporary style bathrooms with Porcelanosa sanitary ware


oven & electric hob

• Modern seating

• Coffee Table



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S T U D E N T D E M O G R A P H I C S / / C A R D I F F

2012

6.3% 2009

5.7%

46%

20%P E R C E N T A G E O F C A R D I F F P O P U L A T I O N I N

F U L L T I M E H I G H E R E D U C A T I O N

P E R C E N T A G E O F N E W M I G R A N T S M O V I N G

T O C A R D I F F W H O A R E S T U D E N T S .

U K N A T I O N A L A V E R A G E 2 8 %

42% P E R C E N T A G E I N C R E A S E I N S T U D E N T

P O P U L A T I O N I N C A T H A Y S 2 0 0 1 - 2 0 1 2

CURRENT POPULAT ION CARDIFF 330,000

STUDENT POPULATION CARDIFF 66.000

R ichmond Square i s located in the hear t o f Card i f f ’ s t h r i v i ng s tudent d i s t r ic t

(Cathays ) wh ich has the h ighes t i nward m ig rat ion ra te in the c i t y w i th 6 ,000

new res ident s i n the las t 10 year s.

A lmos t ha l f (46%) o f new res ident i n Card i f f a re s tudent s

and ONS f igu res p red ic t s tudent m ig rat ion w i l l cont inue to

g row by 1% year l y up to 2026

The s tudent hous ing mar ke t has p roven a res i l ien t and s tab le inves tment

du r i ng the downtu rn w i th ave rage net y ie lds i nc reas ing f rom 5 .7% in 2009 to

6 .3% in 2012 .

M A R K E T P E R F O R M A N C E / / S T U D E N T H O U S I N G

STUDENT HOUSING

DEMAND

TOP 9 UK CIT IES

BATH

BR IGHTON

BRISTOL

CAMBRIDGE

CARDIFF

EDINBURGH

LONDON

OXFORD

ST ANDREWS

S A V I L L S R E S E A R C H 2 0 1 3

£1.3 BILLION

£800 MILLION

Estimated student expenditure in Cardiff 2013 in total

Estimated student expenditure in Cardiff on accommodation and living expenses 2013 total

M A R K E T D E M A N D / / I N D I C A T O R S

STUDENT APPL ICAT IONS TO UNIVERS ITY (2013-2014) + 2 .7&

FAR EA ST STUDENT APPL ICAT ION GROWTH (2007-2013) + 8 .5%

NET INFLOW OF STUDENTS FROM OVERSEA S (2012) 215,000

POPULAT ION GROWTH FORECA ST - CARDIFF (2012-2017) + 4%

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The management of the development is run by the owners so as to keep costs

to a minimum and includes:

• Full Time Site Manager

• Part-Time Administration Manager

• Part-Time Book-keeper

SITE MANAGER

Is responsible for the day to day management of the buildings and is the first

point of contact for tenants throughout their tenancy. They take care of onsite

security, clearning, upkeep and general maintenance as well as liaising with

external contractors where required. With direct access to the Keylet Online

Maintenance System, tenants can report maintenance requests directly online

to the Site Manager via the integrated system.

The Site Manager also has a secure office on site with extensive storage,

bathroom and kitchen facilities.

ADMINISTRATION MANAGER

Is responsible for liasing with the Letting Agent and Owners to ensure the

smooth adminstration of the site’s business. They handle the purchasing and

invoicing and work with the Book-keeper on the preparation of the Annual

accounts.

B L O C K M A N A G E M E N T L E T T I N G A G E N T - K E Y L E T

Keylet is one of Cardiff letting agent’s most recognizable brands attracting

thousands of tenants every month. Their advanced technology and applicant

management systems allow them to market your property to suitable

tenants through both of their strategically placed offices.

Keylet have been exclusive agents for the Richmond Square development

since it opened and provide the full range of management services for all

the current landlords and will continue to offer the same excellent service to

all future owners.

The site has been 100% fully let since completion with no rent arrears or void

periods.

A very competitive rate has been negotiated with Keylet for the

management of the apartments, this rate can be renewed for a further 5 year

term if required.

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R I C H M O N D S Q U A R E

R I C H M O N D A P A R T M E N T S1 0 9 R I C H M O N D R O A D

S I T E A D D R E S S A P A R T M E N T S B E D S

R I C H M O N D S Q U A R E 6 5 7 0

R I C H M O N D A P A R T M E N T S 8 2 8

1 0 9 R I C H M O N D S Q U A R E 4 5

T O T A L 7 7 1 0 3

D E V E L O P M E N T S U M M A R Y

Flat Number SQM SQ FT

Flat 1 4 bed 80 861.11

Flat 2 4 bed 86 925.70

Flat 3 4 bed 80 861.11

Flat 4 4 bed 86 925.70

Flat 5 4 bed 80 861.11

Flat 6 4 bed 86 925.70

Flat 7 2 bed 50 538.20

Flat 8 2 bed 47 505.90

communal 61 656.60

Total S/F 656 7061.12


Flat 1 1 bed 40 430.56

Flat 2 1 bed 40 430.56

Flat 3 1 bed 40 430.56

Flat 4 2 bed duplex 70 753.47

Total S/F 190 2045.14


Flat 01 1 Bed flat 47.0 505.9

Flat 02 1 Bed flat 44.0 473.6

Flat 03 1 Bed flat 42.0 452.1

Flat 04 1 Bed flat 42.0 452.1

Flat 05 1 Bed flat 47.0 505.9

Flat 06 1 Bed flat 44.0 473.6

Flat 07 1 Bed flat 42.0 452.1

Flat 08 1 Bed flat 42.0 452.1

Flat 09 1 Bed flat 47.0 505.9

Flat 10 1 Bed flat 44.0 473.6

Flat 11 1 Bed flat 42.0 452.1

Flat 12 1 Bed flat 42.0 452.1

Flat 13 1 Bed flat 38.0 409.0

Flat 14 1 Bed flat 38.0 409.0

Flat 15 1 Bed flat 38.0 409.0

Flat 16 1 Bed flat 38.0 409.0

Flat 17 2 Bed duplex 57.0 613.5


Flat 19 1 Bed flat 38.0 409.0

Flat 20 1 Bed flat 38.0 409.0

Flat 21 1 Bed flat 38.0 409.0

Flat 22 1 Bed flat 38.0 409.0




Flat 25 1 Bed flat 42.0 452.1

Flat 26 1 Bed flat 37.0 398.3

Flat 27 1 Bed flat 42.0 452.1

Flat 28 1 Bed flat 37.0 398.3

Flat 29 1 Bed flat 42.0 452.1


Flat 31 1 Bed flat 40.0 430.6

Flat 32 1 Bed flat 40.0 430.6

Flat 33 1 Bed flat 40.0 430.6

Flat 34 1 Bed flat 40.0 430.6

Flat 35 1 Bed flat 40.0 430.6

Flat 36 1 Bed flat 40.0 430.6

Flat 37 1 Bed flat 40.0 430.6

Flat 38 1 Bed flat 40.0 430.6

Flat 39 1 Bed flat 40.0 430.6

Flat 40 1 Bed flat 40.0 430.6

Flat 41 1 Bed flat 40.0 430.6

Flat 42 1 Bed flat 40.0 430.6

Flat 43 1 Bed flat 40.0 430.6

Flat 44 1 Bed open plan 30.0 322.9












Flat 55 Duplex open plan 36.0 387.5











Total S/F 2544.0 27383.4

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A D D R E S S117-120 Bute Street

Cardiff Bay

Cardiff CF10 5AE

T E L E P H O N E+44(0)2920 376900

E - M A I [email protected]

W E B S I T Ewww.richmondsquare.co.uk

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rs investors brochure 2015 v1 print

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