Marc von Grundherr, Director at Benham & Reeves give a market update at The Green Quarter, one of London’s most ambitious regeneration projects by Berkeley Homes in the west London Borough of Ealing.
This is an amazing opportunity for investors buying into the vision particularly those who have bought in phase 1. In fact, property prices in the local Borough of Ealing have increased by 68% over the last 10 years!
There’s a mature local residential market but as with all of London, there’s an acute shortage of homes. And as The Green Quarter matures, the scheme will attract professionals, couples and young families, thanks to the amazing connectivity, high finish, first-rate facilities and the proximity to nature.
Studios up to £1,200 per month
One beds up to £1,300 per month
Two beds up to £1,750 per month
Three beds up to £1,900 per month
With yields up to 4.5%, coupled with forecasted capital growth, this is definitely a property development that is going to offer good long term returns.
If you want further information on the market, an exact rent on your home or want to talk about the type of tenant we can find for you, please do get in touch.
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