development
OPPORTUNITIES

We have a number of live development opportunities available for consideration and are always happy to discuss these with investors. 

Please feel free to get in touch with us if you would like further information.

Luxury Mansion Interior
 

THE FORUM

Location: Marlborough Road, Old Town, Swindon, SN3 1QL

Start Date: March 2022

Completion Date: 4th Quarter 2022

PROPERTY DETAILS

 

The Forum will be a residential development of 24 unique one & two bed luxury apartments.

 

The Forum is a prominent HSBC Bank/office building situated on Marlborough Road in the centre of Old Town of Swindon, adjacent to several car parks and the beautiful Lawn Park & Gardens.

 

The building benefits from excellent views to the South of Swindon and facilities including a passenger lift and some under croft parking.

The properties are available to purchase individually on lease basis, or the whole development can be purchased on a freehold basis as an investment.

key highlights

  • 24 Luxury 1 & 2 bedroom Apartments

  • Apartment size - 600f² to 880ft²

  • Fully furnished option available

  • Appliances include Induction Hob, Dishwasher, Multi-Function Oven/Microwave, Fridge/Freezer

  • LED lighting

  • Natural light to all apartments

  • Secure entry with stair/lift access to all floors.

  • Integrated access control and video intercom entry system.

  • Undercroft parking for 8 cars

  • Secure bike store

  • Central location in Old Town, Swindon

  • Swindon has been voted the 7th best up & coming place to live in the UK

ACCOMMODATION

The accommodation comprises 24 luxury apartments over 4 floors, with undercroft parking for 8 cars.

Bedrooms

1-bed/2 person

2-bed/3 person

2-bed/4 person

Totals

No.

12

9

3

24

ft² (NIA)

600

710

880

16,230

Est. GDV

 

£179,500 ea

£209,500 ea

£239,950 ea

£4,759,350

LOCATION

Located in the heart of the Old Town area of Swindon, The Forum offers a haven from urban life and a home to suit modern lifestyles and provide a peaceful sanctuary away from the stresses of city life.

 

The Old Town area is a sought after residential location and a cultural area within Swindon, boasting specialist shops, great restaurants, bars, museums and shops as well as rich architecture, courtyards, alleyways and historical buildings.

Rail:

Swindon Main Station

Swindon to London Paddington

 

Roads:

M4, Junction 16

 

Shopping:

Brunel Shopping Centre

Designer Outlet Swindon

Green Spaces:

Queens Park

Town Gardens

Lawns Park

 

​​Nearby Towns:

Chippenham

Newbury

Oxford

Cheltenham

1 mile

50 mins

 

3.7 miles

1 mile

1.2 miles

0.3 miles

0.4 miles

0.5 miles

20 miles

28 miles

30 miles

32 miles

The Forum, Site Plan
The Forum, Site Plan

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The Forum. Proposed Elevations.
The Forum. Proposed Elevations.

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The Forum, Site Plan
The Forum, Site Plan

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1/4

click to view enlarged plans

FINANCIALS

 

There is a shortage of hotel and leisure accommodation in the Swindon area and Stirling House has been identified as prime location for this type of new development.

 

Based on current Airbnb and Booking.com revenues it is expected to achieve £60-£65 per night per apartment, with 70% occupancy levels over 350 days per annum. Approximate revenue per annum is therefore £700,000.

OPTION 1 - INDIVIDUAL APARTMENTS

Apartment Price, un-furnished

Parking Bays

£179,500 to £239,950

£5,000 each

OPTION 2 - FOR AN INVESTOR TO PURCHASE 24 APARTMENTS & 8 PARKING SPACES

24 apartments with 8 parking bays

£4,300,000 freehold

GROWTH AND INVESTMENT IN THE AREA

The recent aquisition of the Honda manufacturing site by Panatonni, the largest logstics developer in Europe, brings a huge £700 million investment to the local area.

With the generation of 16,000 new jobs on the site, the developers expect around 9,000 of these to be taken by the local residents of Swindon, including 900 construction related jobs to build the new facilities at the South Marston site over the course of the next 10 years.

Quality accommodation in the area will be at a premium for many years to come, making investment at this early stage a very attractive option.

stirling house

Location: South Marston Park, Swindon, SN3 4TN

Start Date: March 2022

Completion Date: 4th Quarter 2022

PROPERTY DETAILS

 

Stirling House will be a luxury development of 44 bespoke studio apartments featuring open plan living spaces, appointed to a high standard with style, security and convenience.

The apartments are the perfect choice for professionals who want a work/living space near to the Old Town area.  

Alternatively the apartments will provide ideal hotel and leisure accommodation.

The properties are available to purchase individually on lease basis, or the whole development can be purchased on a freehold basis as an investment.

Stirling House is surrounded by an excellent array of amenities making this a space designed for more than just living and work and benefits from being located on South Marston Park, close to the cultural and much sought after Old Town area of Swindon.

key highlights

  • 44 Luxury Studio Apartments

  • Fully furnished

  • Appliances include Induction Hob, Multi-Function Oven/Microwave, Fridge/Freezer

  • LED lighting

  • Heat Recovery system with fresh air change 6x/hour

  • Natural light to all apartments

  • Full height reception atrium

  • Private road and gated community with integrated access control.

  • Secure entry with stairs and passenger lift

  • Secure parking for each apartment

  • 50 spaces including 2 disabled spaces and 2 electric car charging stations

  • Secure bike store

  • External seating areas with soft landscaping

ACCOMMODATION

The accommodation comprises 44 luxury studio apartments over 2 floors within a gated community and with 50 secured parking spaces.

Level

Ground

1st

Total

apartments

22

22

44

LOCATION

Located on Viscount Way in South Marston Park it is close to Junction 15

of the M4, and accessed via the A419 dual carriageway.

The Old Town area is just 2 miles away and is a cultural area within Swindon, boasting specialist shops, great restaurants, bars, museums and shops as well as rich architecture, courtyards, alleyways and historical buildings. South Marston was made famous during the late 1930s when it was the location of the Vickers Amstrong works where the Spitfires and Wellingtons were manufactured.

Rail:

Swindon Main Station

Swindon to London Paddington

 

Roads:

M4, Junction 16

 

Shopping:

Brunel Shopping Centre

Designer Outlet Swindon

Green Spaces:

Stanton Country Park 

Pentyland Country Park

Wrag Barn Golf Club

 

​​Nearby Towns:

Chippenham

Newbury

Oxford

Cheltenham

1 mile

50 mins

 

3.7 miles

1 mile

1.2 miles

1.5 miles

4 miles

4.1 miles

20 miles

28 miles

30 miles

32 miles

press to zoom

press to zoom

press to zoom

press to zoom
1/4

click to view enlarged plans

Investment Proposal

(based on Option 2 below)

 

There is a shortage of hotel and leisure accommodation in the Swindon area and Stirling House has been identified as prime location for this type of new development.

 

Current Airbnb and Booking.com revenues show an expected £80-£85 per night per apartment. 

Based on £70 per night with  69% occupancy level over 350 days per annum,  the approximate revenue per annum is circa £950,000.

OPTION 1 - INDIVIDUAL APARTMENTS

Apartment Price, fully furnished, leasehold

Parking Bays (2 available per apartment)

£130,000 each

£5,000 each

OPTION 2 - FOR AN INVESTOR TO PURCHASE 44 APARTMENTS & 50 PARKING BAYS - FOR USE AS HOTEL APARTMENTS, e.g Airbnb, Booking.com

44 fully furnished apartments with parking bays

£5,700,000 freehold

SAVINGS - est. £200,000 on freehold, £250,000 on parking, £20,000 on units

GROWTH AND INVESTMENT IN THE AREA

The recent aquisition of the Honda manufacturing site by Panatonni, the largest logstics developer in Europe, brings a huge £700 million investment to the local area.

With the generation of 16,000 new jobs on the site, the developers expect around 9,000 of these to be taken by the local residents of Swindon, including 900 construction related jobs to build the new facilities at the South Marston site over the course of the next 10 years.

Quality accommodation in the area will be at a premium for many years to come, making investment at this early stage a very attractive option.