- Studios and 1 Bedroom Apartments
- From Just £234.2k
- 73,000 workers at London Heathrow Airport (2nd busiest in the world)
- Government have announced a third runway at Heathrow
- 38% Projected Rise Over 3 Years
- Secure Underground Parking Spaces Included
- Furniture packs available
- Completion: Q1 2018
This investment opportunity is the conversion of a former office space into 42 contemporary studio and one bedroom apartments. Each tenant will have access to a secure underground parking space (incl. in the price). The apartments are well served by a bus network which provides free access into London Heathrow Terminals.
It will be finished in a matter of months meaning a short wait before you begin receiving a return on your investment. As I am sure you are aware, demand currently outstrips supply within the UK residential market meaning people are constantly seeking attractive rental accommodation.
The development is a detached, three-storey building located directly opposite London Heathrow, the 2nd busiest airport in the world which comes as no surprise as it also a mixed residential, hotel and office complex – there are currently more than 73,000 employees working across the airport.
This is the latest project from this experienced residential developer following the success of a number of other conversions in the Central London areas of Battersea, Chelsea, Fulham and Westminster. They have built a solid track record for acquiring, developing and bringing to market interior-led properties across the capital’s most desirable postcodes, hence, why they have now chosen this particular location.
THE CROSSRAIL LINE
Upon the arrival of the brand new Crossrail Elizabeth Line (due for completion in 2018) access to central London will take just over 20 minutes. At this present time, transport options are already excellent: Paddington and Central London by rail, London by tube (Piccadilly underground line), the M4 and M25 motorways to various parts of the UK by car and of course, several airline routes from Heathrow airport.
This scheme has been specifically designed with investors in mind and is set to benefit tremendously from the huge projected upturn in capital values and rents forecast by leading market analysts JLL.
LONDON AT A GLANCE
According to research published in The Daily Telegraph, London is the most competitive financial centre in the world, overtaking New York and utterly dominating the rankings compiled by analysts at the Z/Yen Group. The capital currently tops a number of categories; the best business environment, the most developed financial centre, the most impressive infrastructure and the best overall reputation.
London is truly a global city and a business hub of vital importance to the domestic, European and world economies. This means that buying a property in and around the capital is probably the best investment you could possibly make at this time.
These apartments will appeal to professional tenants currently living and working around the area, frequent travellers and for guests seeking short-term lets due to layover’s or cancelled flights. It will provide guests with a much more comfortable and affordable alternative to last minute hotel bookings.
Aside from the attractiveness of the building, the property is located is an established residential and business market meaning there will be no shortages of tenants. Equally, the demand for parking spaces is on a constant high.