Slide 1: 2013 Analyst site visit - Charlton Hayes
2013 Analyst site visit Charlton Hayes www.bovishomesgroup.co.uk
Slide 2: Charlton Hayes - the site
Charlton Hayes - the site 2013 Analyst site visit • 96 net acres of housing • 2,200 new homes • 75% private / 25% social Charlton Hayes • District centre • School • Hotel • Major new link road www.bovishomesgroup.co.uk slide 1 slide 2 Charlton Hayes - high value site Charlton Hayes - strong project
Slide 3: Charlton Hayes, Filton
Charlton Hayes, Filton Charlton Hayes Aztec Hotel • 96 net acre consented site acquired in Aztec West December 2007 for £50m • Strong financial performance based on M5 Dave Farley strategic investment in 2001 • Immediate focus on improving return on capital Deputy Managing Director J17 in a fast det
Slide 4: Working the asset - adding new value
Working the asset - adding new value Working the asset - next developments • Variation to S106 planning agreement to reduce contributions and cut social housing to 25% £17m • HCA Kick Start gap funding of infrastructure £4m • Direct HCA affordable housing grant £4m • Infrastructure savings from valu
Slide 5: Working the asset - next developments
Working the asset - next developments Working the asset - next developments Hammonds Grove phase 2 Phases 2 & 3 master plans - 150 units low density - Higher density 60 units released in Autumn 2013 to maintain three outlets - Releases opportunities for further housing land sales slide 13 slide 14 W
Slide 6: Forecast of working capital
Forecast of working capital Callicroft Place: Phase 1 - profit return £ ‘000 2013 2014 2015 2016 2017 • Project goes cash Unit sales 222 Land - - - - - positive in 2014 with house £’000 Infrastructure 3,029 1,690 8,200 3,062 7,623 sales providing Housing/R&S 11,446 11,328 11,212 10,911 9,066 consist
Slide 7: Design aspiration and design code
Design aspiration Illustrative phase 1 street scenes slide 21 slide 22 Design code Outline application Phase 1 masterplan with supporting information Environmental statement Design & access statement Strategies Transport assessment Detailed phase Infrastructure Infrastructure Masterplans Design code
Slide 8: Phase 1 Design Code illustrative street scene
Phase 1 Design Code Illustrative street scene slide 25 slide 26 RMA evelation H19, 20, 21 Callicroft Place slide 27 slide 28
Slide 9: Masterplan Woodlands / Hammonds Grove
Masterplan Woodlands / Hammonds Grove slide 29 slide 30 Woodlands / Hammonds Grove Hammonds Grove slide 31 slide 32
Slide 10: Hammonds Grove - next phase and future phases
H25/26 and 35 Reserved matters application H25/26 slide 33 slide 34 Hammonds Grove - next phase Future Charlton Hayes phases Phase 2 Phase 3 slide 35 slide 36