2019-05-03

South China Morning Post: "Regency Heights: connected London living without the price tag"



"Part of the UK's largest regeneration project, Regency Heights in Park Royal is a chance to invest in London's most significant new district"

Link to web site

"London has timeless appeal for overseas property buyers, and investing in the UK capital isn't only for the wealthy. Those deterred by Central London property prices can find bargains and high returns by looking west to Old Oak and Park Royal, the UK's largest regeneration area centred on one of London's major transport hubs.

"Just over 20 minutes from the city centre by road or rail, the £26 billion (HKD 267.25bn) regeneration masterplan for the district will see Old Oak Common become the only high-speed rail interchange served by both Crossrail and HS2. Improving access across London, South East England and the wider UK, this will serve to make property in the area even more sought-after and is expected to drive up prices and rents considerably in the coming years.

"This burgeoning area is already seeing high demand from high-end tenants attracted by cheaper prices than Central London. Even in the early stage of regeneration, property values for single-bed and three-bedroom apartments in NW10 increased by 56 percent from 2013 to 2018, with rent values up 13 to 17 percent over the same period. The arrival of Crossrail, HS2 and other amenities will see this price growth accelerate in the years ahead." [Unless it doesn't.]

1 comment:

  1. Wow beautifully explained by you thank you very much for sharing this information, Currently I’m also looking for the meet and greet Gatwick.

    ReplyDelete

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