Home News Sales market update West London property explodes with new investment

West London property explodes with new investment

Property market updates, Sales market update
04.03.20
Marc von Grundherr

Getting your Trinity Audio player ready...

Contents

FILMWORKS EALING
WHITE CITY LIVING
HAYES VILLAGE
THE GREEN QUARTER
HIGH STREET QUARTER
EASTMAN VILLAGE
HENDON WATERSIDE
GRAND UNION
MILLBROOK PARK
WESTERN CIRCUS

With a thriving economy, good schools, sophisticated neighbourhoods that ooze with architectural splendour, there is a lot of store in the old term “West is best” which seems very fitting here.

Having worked in London property for just over 25 years, I continue to be fascinated by the ever-changing skyline. In particular, the property landscape on the Western fringes of the Capital which has totally changed with relatively unknown locations fast becoming popular rental hotspots. And below are just some of our favourite schemes right now and why we believe they are ripe with investment potential.

Good long-term growth

West London property prices have experienced steadfast growth over the last ten years due to extensive regeneration by property developers and huge infrastructure improvements to community and transport links. With the arrival of the multi-billion-pound Crossrail network, this trend certainly looks set to continue. According to Rightmove, one of the UK’s largest property portals, even in the ‘Brexit-fuelled’ sales market of 2019, house prices in West London were up 3% up on the previous year; most sales were apartments, which on average, sold for a staggering £897,067. And with emerging locations making themselves known on the western fringes of London, there are beneficial knock-on effects with schemes that look like and enjoy the same high-quality specification and amenities as their central-London neighbours and with upwardly projected growth and good rental yields.

If you’re thinking about investing in this highly-active market, I have added my shortlist of my top ‘West is best’ property developments below. These offer great long-term value, exceptional lifestyle amenities and convenient transport links into the centre of London. Contact our Sales team for further info and prices.

FILMWORKS EALING

This elegant mixed use development of 200 high quality homes by Berkeley St George is built on the site of the old Art Deco Empire Cinema in the heart of Ealing. Its unique design includes a restoration of the historic façade of the former Cinema originally built in 1939.

What we love about it

The highlight of this development is the eight screen Picturehouse cinema and central piazza surrounded by a high-quality mix of shops, restaurants and bars, including Planet Organic.

VIEW MORE INFORMATION

PRICES FROM

£594,950

RENTAL YIELD

3.5%

TRAVEL

Ealing
11mins to Bond Street
25mins to Canary Wharf

DEVELOPER

Berkeley St George

COMPLETION

Q4 2020

FACILITIES

• Concierge service
• 8 screen cinema
• Central piazza
• Welcome lobby
• On-site shops & restaurants

WHITE CITY LIVING

A fantastic new mixed-use development comprising 1,800 new homes set amidst eight acres of gardens and landscaped courtyards, part of an £8bn regeneration involving some of the biggest names in education, retail and media that is expected to create 10,000 new jobs.