If you’re looking for one of the best places to invest in property, then the capital growth and rental yield of the property is an obvious consideration of such an investment. Every investor projects into the future to see if their current decisions will yield positive results over time. With regards to property investment in Slough, the benefits are glaringly obvious.
Slough presents a fantastic opportunity for investors wanting to buy properties for rental or capital appreciation. It’s right at the doorstep of London, yet the price of new apartments in Slough are much lower than properties in London. If you’re skeptical about investing in a buy to let in Slough, here are some reasons why you need to jump on the offers in today’s market. Of course, property investment is a process of calculations and projections.
Business Hotspot
According to the Observer, Slough stands out as the most productive towns in the UK and contributes immensely to the national economy. It Has been named as Britain’s Boomtown. Most of the top global industries have their headquarters in Slough. Brands in the Automotive, IT, and Pharmaceutical industries have their UK and European headquarters situated in Slough. McAfee, Honda, O2, BlackBerry, and even GlaxoSmithKline are some of the international brands that have their headquarters in Slough. This emphasizes that Slough is one of the best
areas to invest in property UK.
New Developments in Slough – Regeneration
Since the birth of Slough in the 20th century, Slough has achieved outstanding business status. The new developments and evolving infrastructure will definitely set it aside from other towns. The ongoing regeneration process will turn this region into an iconic place where residents will not just desire to live, but work and play as well.
The regeneration is already underway and with some new developments already completed. Back in 2011, an ultra-modern bus station was built, linking the city to the town center. In fact, the travel time from Slough to London Paddington is only 16 minutes. The town centre boasts pedestrian-friendly routes with irresistible aesthetic appeal.
The £1bn regeneration project will redefine the reputation of Slough, increase its appeal, and boost its economy. Apparently, the regeneration process, which continues, will turn Slough into a top location for young professionals and families looking to get the best homes and amenities outside of the Capital.
Slough’s library and cultural center, The Curve, was opened in December, and this has added to the community feel as well as created additional opportunities for residents of Slough to enjoy.
Rent Revenues
Investors in Slough invest in properties to resell with an uplift in price or as a buy to let in Slough. However, the endpoint is to generate robust revenues. With an increasing demand for flexibility and a modern lifestyle, some investors don’t want the hassle of maintaining a property. They simply don’t want the responsibility and hassle and expense of improving a period property. This creates room for smart property investors, both new and existing, to make robust revenues from buy to let investments in new build apartments in Slough.
Even with the general increase in the prices of property, those in Slough are still much more affordable than properties in London. Investors who want to explore their first but to let purchase or even add to their portfolios should consider Slough.
Slough ranks highly when it comes to rental regions and generate rental yields of between 4-5%. Properties in Slough are still much more affordable than renting in London. However, this is expected to increase over time as the area keeps improving and the regeneration takes shape.
Slough as a buy to let location is one of the hottest offers in the UK property market, and investors who buy in Slough will enjoy jaw-dropping benefits of capital growth in the coming years.
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