A striking development overlooking the River Stour and neighbouring Victoria Park in the boom town of Ashford.
Get all your questions answered
Book a time to run through the numbers!
Access this Developments' 2 Year Cash Flow Worksheet now! Speak to the team.
The Triangle, Ashford Kent
Brett's Thoughts On This Development.
Brett's thoughts on this development.
Let me take you through all the details
[memb_owner fields=FirstName] [memb_owner fields=LastName]
Development Summary - Click to Expand
The Triangle is a striking development overlooking the River Stour and neighbouring Victoria Park in the boom town of Ashford, Kent. Ideally located and directly opposite Ashford’s flagship leisure centre Elwick Place, the development is only a 12 minute walk from Ashford International Station. Buyers can choose from studios, one, two and three-bedroomed apartments with views over the river and parkland.
From Ashford International, reach London Stratford in only 29 minutes and London St Pancras in 36 minutes. What’s more, Ashford is a
major terminus for Europe, directly connected to three European capitals; Brussels in 1h 32 mins, Paris in 1h 52 mins and Amsterdam in 3hrs 50 mins.
The Triangle is perfectly placed, overlooking Victoria Park and the Great Stour River to the south for picturesque views, whilst being directly connected to the town centre via a footbridge to the north, gaining direct access to Elwick Place and also Ashford College. Every convenience is a short walk away, including Ashford International Station, the town’s major retail centres – including the designer outlet village – and an array of supermarkets.
The Developer, Kings Crescent Homes is an integrated property development business, specialising in the end-to-end deliver y of large
developments completely through its unique in house capacity.
Founders and directors, Nick Harvey-Jones and Radu Dinului-Mereantu, have a combined experience of over 40 years and have delivered in excess of £300 million in real estate development and construction across the UK and managed active real estate portfolios into the £billions. Their rare ability to deliver large scale projects mostly in-house, including most elements of construction, sets them apart from many. Investment partners are able to rely on a company with ultimate control on timing and budget, whilst customers who buy or rent a Kings Crescent Home are able to trust that quality control and efficiency is at the heart of their mission.
Area Fundamentals - Click to expand
Investment - This will change the fundamental, and allow your capital to grow.
Offering excellent connectivity, major local employers and a varied leisure offering, Ashford is one of Kent’s strongest investment locations. It is also home to our Riverside Park project, a community of 246 apartments, 26 townhouses and a new public realm overlooking the Great River Stour.
Despite a challenging 12 months, there has been a lot of regeneration progress and we will take this opportunity to share the latest updates.
Set to open in 2022, work has commenced on the exciting new arts space on Javelin Way in Ashford, which will provide a permanent home for the rapidly growing dance company, Jasmin Vardimon Company. It will also deliver 29 light industrial units, which will support the growth of SMEs in the creative sector and the wider market. The more than £4 million project
has received investment from Arts Council England, Ashford Borough Council and Kent County Council via the ‘Getting Building Fund’.
A new 140-room Hampton by Hilton is being built only minutes from Ashford International Station and our Riverside Park project, making it the perfect central hub for visitors. The design features ‘shipping container’ like structures transported from China which is an approach now used across the hotel industry.
There have been some delays in construction due to the Covid-19 pandemic, but progress is now well underway, and the hotel is set to open this summer.
Located near Junction 10 of the M20, Waterbrook Park is a major 140-acre development, which includes new homes, retail, commercial space and increased capacity of the award-winning Ashford International Truckstop.
A decision by Ashford Borough Council in January 2021, revealed that work for a 18.5-acre storage and distribution warehouse site had been given the green light. The project is set to create local employment opportunities in the logistics sector. The name of the operator is yet to be revealed, but it is rumoured to be online retail giant, Amazon.Construction is set to start in April, with a target date for completion being February 2022.
Economy & Employment - Jobs and the general economy will give you the confidence needed.
The Ashford office market has remained strong in 2019/2020, with a 33% growth in prime office rent over the last five years. Value in the town also remains higher than the county average, standing at £194 per m2 (£18 per ft2), compared to £182 per m 2 (£16.90 per ft 2) for the rest of Kent.
Connect 38 has continued to attract new businesses, with PageSuite taking 557 m2 (6,000ft2) on the ground floor, and Tarkett, Hollis and Towergate taking a further 1,022m 2 (11,000ft 2).
The third addition to the Ashford Commercial Quarter, The Coachworks is a mixed-use project located near Connect 38 and International House, which launched at the end of 2019. It includes a new business hub, home to a range of studios as well as co-working spaces which have proven popular with a number of businesses taking up space such as Sideways Media and Big Wolf Marketing. Overall, the space can accommodate 200 workers. With the expansion of agile working and freelancing, such spaces are now essential to meet local demand.
Newtown Works, a new 7,440m 2 (80,084ft 2) complex comprising of four TV and film studios with production floorspace developed by Quinn Estates, U+I Plc and The Creative District Improvement Co, was granted planning permission in April 2020. It will offer much-needed space for innovative businesses and has already attracted interest from world-leading
streaming brands. It will also form part of the wider Thames Estuary Production Corridor to provide workspaces for creative and digital businesses.
Thanks to its strategic location on the M20, excellent connectivity and the availability of quality industrial space, Ashford has become a key industrial market in Kent and noticed growing demand for industrial and big box logistics space in 2019. In addition, prime industrial rent continues to be above the average for Kent, at nearly £97 per m 2 (£9 per ft 2) compared to
£92 per m 2 (£8.55 per ft 2).
Transport - The best transport links are always the most desirable characteristics.
By Air: London Heathrow, Gatwick and Stansted airports are all within easy reach of Ashford.
By Rail: The arrival of High Speed 1 instantly made Ashford an important part of London’s commuter belt, as it cut journey times to the capital from 80-90 minutes to 38 minutes. Eurostar trains between London and Continental Europe stop at Ashford International station, directly connecting Ashford with Lille, Brussels and Paris, with connections to the rest of Europe from those stations.
By Road: For travelling by road, Ashford hosts 2 junctions for the M20, which connects drivers with the M25 and access to London and the greater UK road network.
By Bus: Local bus services run regularly throughout the town, right outside the development there is a bus stop servicing Bus A and a further bus stop at Beaver Road Bridge which services a further 12 different buses only a short walk from The Triangle.
Education - Families are drawn to the areas with the best education facilities.
Ashford has twelve primary schools, two grammar schools, two further secondary schools and a college. Notable schools include:
The Norton Knatchbull School, The school was founded in Ashford around 1630 as a free grammar school by its namesake who died in 1636, an uncle of Sir Norton Knatchbull. The school continued to be led and funded by Knatchbull's family due to a
stipulation in his will in 1636. It was known simply as 'Ashford Grammar School' until the summer of 1973.
Highworth Grammar School for Girls. First opened in 1908. Highworth Grammar School is a selective school of over 1,307 pupils, of whom over 330 are in the Sixth Form, which admits both boys and girls. The school was established in 1904 and moved to its present site in 1928. Since that time there has been a considerable amount of rebuilding and expansion.
Higher Education: in The home county of Kent there is the University of Kent, Canterbury Christ Church University, the University College for the Creative Arts, and the American University.
The University of Kent, the UK’s European university, is one of the country’s most dynamicuniversities. Established in 1965, it now has over 20,000 students studying at its various campuses including Canterbury, Medway and Tonbridge in the picturesque south-east of England and continental-European sites in Athens, Brussels, Paris, and Rome.
Kent is also ranked among the best in the UK by three national league tables: The Guardian University Guide, The Times Good University Guide and The Complete University Guide. We have been shortlisted for Exceptional Performance in Teaching
and Research (Times Higher Education Data Points Award 2016), and our students are among the UK’s most satisfied with their academic experience. They consistently rate Kent as offering one of the best student experiences in the country and, in the 2016 National Student Survey we achieved the fourth highest score in the UK for ‘overall satisfaction’.
Shopping & Leisure - Readily available leisure facilities are so important to the fundamentals.
Ashford ’s retail and leisure offering is underpinned by its residential base, offering greater value to buyers and renters in the town centre and outer villages when compared with other towns in Kent and the South East. This is supported by its rapid population growth figures – over the past 15 years Ashford’s population has grown by 22.2%.
A five minute walk from Ashford town centre takes eager shoppers to the Ashford Designer Outlet, and award winning shopping centre that houses stores for over 120 designer brands, as well as cafes and restaurants. The Outlet attracts 3 million customers per year.
Other shopping centres in Ashford have undergone major development in recent years. County Square, Ashford’s main shopping centre, was expanded to include 50,000 sq ft of new retail space, including a Debenhams store, in 2008. In 2009 a new Waitrose opened in Ashford, followed by a John Lewis store in 2013.
The Ashford Designer Outlet extension was likewise finished in 2019, giving an extra 9,290m2 (100,00ft 2) space for 50 new stores and a food piazza.
Tentative arrangements, for example, the redevelopment of the privately drove Odeon Square site at Vicarage Lane, will likewise help re-energise the neighbourhood retail market.
Culture: Kent is home to the UK’s largest vineyards, including Chapel Down, the largest commercial winemaker in England. Eighteen vineyards populate the county with aims to create a world-class wine trail and visitor experience in Kent. In July 2020 an application was submitted for the Domaine Evremond facility and visitor centre near Chilham. It is the first time a Champagne House (Tattinger) has planted a vineyard in the UK and is expected to drive tourism in the borough exponentially.
The Curious Brewery, which opened in the centre of Ashford in 2019 has been a huge commercial success, another example of Kent’s growing reputation as a food and drink destination and production hub for fantastic locally produced drinks.
Property Particulars Disclaimer
Property particulars as supplied by Gladfish Property Investment Ltd are set out as a general outline in accordance with the Consumer Protection from Unfair Trading Regulations 2008, which implement the EU Unfair Commercial Practices Directive. only for the guidance of intending purchasers or lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures of fittings. Gardens, roof terraces, balconies and communal gardens as well as tenure and lease details cannot have their accuracy guaranteed for the intending purchasers, Lease details, service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. No person in the employment of Gladfish Property Investment Ltd has any authority to make any representation or warranty whatever in relation to this property. Purchase prices, rents or other prices quoted are correct at the date of publication and unless otherwise stated, exclusive of VAT.