NATEX
Location
The site is located at the junction of Norton and Islington.
Developer / SPV
Mount Group Student Natex Limited
Management Company
Mount Group Management / CRM Student
Architect
Falconer Chester Hall
Management Company
Mount Group Management / CRM Student
Architect
Falconer Chester Hall
Buyers Solicitors
Allchurch Property Lawyers
Monticristo llp
Sellers Solicitors
Shoosmiths
Construction Start Date
1st November 2018
Build Warranty
10 years
Tenure
250 years
Expected Completion
Aug 2020
Rental Guarantee
9% Net Income for 5 years from Completion
Ground Rent
En-suite £250 per annum
Studio £350 per annum
Service charge:
Service charge & Management approx. £925 per
Ensuite and £1635 per Studio
Facilities:
- Games Room
- Gym
- Reception
- Laundry Room
- Meeting Room
- Café eating / Area
- Communal lounge
- Outside seating area
Number of Units:
566 (472 En-suite – 94 Studios)
-
Block A :
235 units 16 Floors
-
Block B :
331 Units 10 Floors
Unit Types:
Studio Gold is 22sqm
Bronze En---suite is 13.5sqm
Deluxe Studio is 27sqm
5+6 Bedroom Cluster apartments
Payment Terms: Taylor make your own payment plan and earn up to 7% Interest
Minimum Exchange | |||
---|---|---|---|
Reservation fee | £5,000 | 30%/70% | 0% Interest Earned |
Further Exchange/ Stage Payment Options | |||
up to 40% | 4% Interest Earned | ||
50% & Above | 5% Interest Earned |