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Home NewsSales market update New year new build

With a New Year come new beginnings and for many investors it’s the time to start planning their investment strategy. There’s no denying that it has been a turbulent few years for the London property sector, however the fundamentals continue to remain strong and our outlook continues to be bullish. Despite Brexit, property prices have risen by 80% over the last decade and we believe London property continues to remain a popular and sound long-term investment.

Rental demand is strong, with renting becoming a way of life amongst Londoners – one third now live in private, rented accommodation and this is predicted to rise to 60% by 2025. Yet demand continues to outstrip supply and this shortage of homes provides a real opportunity for those who have the appetite to invest.

Investors need to be more strategic and do their homework properly. The key is to invest in localised property hotspots to achieve the sought-after combination of capital growth and rental yield. Here’s our shortlist of the top high-spec property developments in Zones 1-5 that offer real value, exceptional lifestyle amenities and highly convenient transport links. If any of these are of interest, get in touch today for the best deals on the market.

Zone 1 city living at its best

Oval village, Vauxhall, SE11

This exciting scheme by Berkeley Homes is built on the 8-acre site of the historic Oval Gasworks, a stone’s throw from the Oval International cricket stadium. Once complete, the development will offer brand new homes with a supermarket, cafes, bars, restaurants, shops & offices. Demand for rental apartments in the area is extremely robust, particularly from international students and City professionals. It’s a short journey to some of London’s top universities including London School of Economics (20mins), University College London (21mins) and Imperial College (29mins). The local area has witnessed a multi-billion pound regeneration in recent years, with house prices having increased by 33% over the last 5 years.

The new heart of West London in zone 2

White City Living, W12

A fantastic new mixed-use development set amidst eight acres of gardens and landscaped courtyards, part of an £8bn regeneration. High profile neighbours include Westfield, Europe’s largest shopping and entertainment complex, the new 25-acre Imperial College Campus and the former BBC Television Centre.

Ideally positioned minutes away from central London, the area is set to transform into a major new business, cultural and lifestyle hub.

Suburban lifestyle in zone 3

Clarendon, Haringey, N8

Clarendon is a brand new 12-acre scheme designed around landscaped parkland, offering a village lifestyle in North London. The development lies at the heart of one of London’s most vibrant neighbourhoods nearby 196 acres of parkland at Alexandra Park with great local primary and secondary schools, a business hub & cultural quarter and excellent connections to central London and the City.

Four stations are just a short walk away with connections to the best of London’s cultural, business and leisure destinations.

Ambitious waterside scheme in Zone 4

The Green Quarter

Located on the banks of the Grand Union Canal in the Borough of Ealing, The Green Quarter is one of London’s most significant regeneration projects. This highly anticipated development with placemaking at its heart will comprise 3,750 contemporary new homes arranged over 88 acres of public squares, piazzas and one kilometre of canal side walkway.

Perfectly connected, with forthcoming Crossrail, The Green Quarter will provide access to London’s West End in just 17 minutes.

Vibrant residential quarter in zone 5

Eastman Village, Harrow, HA1

Eastman Village is a brand-new development by Barratt Homes built on the landmark 55 acre site home to the historic Kodak factory for 125 years.

Situated in the heart of Harrow, this scheme will provide 2,000 new homes with shops, restaurants and cafes set amidst landscaped green spaces. With four highly-rated schools nearby including the world famous Harrow School, this north western suburb is popular with young families, while commuters will benefit from the fast and direct transport links to Central London.

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About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents.  With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 21 prominently located branches and 14 international offices.

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