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Angel Wharf

Executive Summary

• The Old Ground Property Co Ltd has secured off plans on an exclusive
basis an option for private investors to acquire 6 apartments within two
miles of the city of London. Angel Wharf is a landmark waterside
development of new luxury apartments.


• The development is in the London borough of Islington, and is situated
between Sheperdess Walk and Eagle Wharf Road, it is well positioned in
this popular London suburb. All of the units released to the public market
are now sold, primarily to owner occupiers.


• The development is a short walk from Essex Road mainline station, Angel
tube station and Old Street tube station. There are several bus routes in
close proximity that link into all major transport connections giving quick
access to all of central London.

• London City Airport is 6.9 miles from the development, Liverpool Street
Station and King’s Cross Station are just over 1 mile away which offers
convenient to access Stansted Airport and Gatwick Airport.


• Investor purchase prices for the 3 one-bedroom apartments range from
£315,000 to £355,000, the size of each unit is from 468 sq ft to 646 sq ft. The
3 two-bedroom apartments are priced from £415,000 to £425,000, the size of
each unit is from 703 sq ft to 763 sq ft.


• There are a total of 105 units being built in this development. As is the norm
with all new residential developments in the UK, 30% of the units are
allocated to social housing, primarily key worker and affordable housing.
These units will be contained in one block.


• The price is offered as an immediate sale which will give the developer early
closure saving in potential fees and marketing costs. Investors will pay a
deposit and fee to secure their apartment (5% deposit & 3.5% fee to The Old
Ground Property Company), completion will be winter 2008.


• The Old Ground Property Co Ltd is arranging a complete investor
acquisition service, including bank funding, legal advice and execution plus
an introduction to a fit-out supplier and letting and management agents.

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