As the spotlight shifts to Mumbai and Delhi, property buyers in India’s financial and national capital will get an exciting opportunity to own a piece of high-quality real estate in the UK capital. Barratt London’s reputation as a regeneration expert, combined with the investment potential of their sought-after projects, led to the resounding success of our launch events in Ludhiana and Pune earlier this year.
This March, we are delighted to be launching two high profile projects by Barratt London – Hayes Village and Springfield Place in India’s leading metro cities.
Hayes Village: A West London regeneration hotspot
Just five minutes away from Heathrow Airport, Hayes Village is a testament to the excellent placemaking reputation of Barratt London. The story of this development follows the unique transformation of a century-old Nestle factory into a vibrant neighbourhood comprising 1,500 homes surrounded by nine acres of green space along the scenic Grand Union Canal.
With a collection of modern studios, one, two and three-bedroom apartments, most properties also feature a private balcony or terrace to enjoy the surrounding views. A short walk from Hayes & Harlington Station, served by the Elizabeth line (Crossrail), residents can reach central London destinations such as Paddington and Bond Street in just over 20 minutes.
In addition to car parking and cycle storage facilities, residents will have access to on-site amenities including a residents’ gym, running track, coffee shop and landscaped communal gardens. From an investment perspective, Hayes Village has all the attributes that suggest a lucrative return potential. With 12% capital growth achieved in the last two years alone and projected rental yields of over 6%, investing in this development can offer excellent long-term returns.
Springfield Place: A desirable South West London neighbourhood
Another Barratt London regeneration property development, Springfield Place, is a brand-new residential scheme in a Zone 3 neighbourhood. Developed on the former Springfield University Hospital grounds, buyers can choose from a mix of ready-to-move-in one and two-bedroom apartments. Built around a 32-acre park, each home has a private balcony or terrace and enjoys access to an array of on-site amenities, including a gym, restaurant and supermarket.
Professional tenants are drawn to the area due to its excellent connectivity to central London. Popular London areas such as Canary Wharf, Bond Street, Euston and King’s Cross are within half an hour from Tooting Bec Underground Station, which is only a short walk away. Also, some of London’s top-ranked universities, such as Imperial College, University College London, King’s College London and London School of Economics, are a short train ride away.
Attractive capital growth and robust rental yields resulting from extensive regeneration have led to increased investment activity in the area. While average property prices in the Borough of Wandsworth have increased by almost 60% in the last decade, landlords have achieved yields of nearly 6%. The variety of shopping and dining options nearby, including the famous Tooting Market, are added benefits of residing in SW17.
A solid partnership for discerning investors
The association of Barratt London with Benham & Reeves India merges the forces between the UK’s largest home developer and one of London’s oldest property lettings and sales agents. Through this partnership, we are launching several exciting projects for Indian investors looking to acquire properties in some of London’s best neighbourhoods, where demand exceeds the city average. Whether you’re a seasoned investor looking to diversify your portfolio or looking to buy for own use,we will help you find the perfect home in London.
In addition to an exclusive property showcase, our launch events in Mumbai and Delhi will also provide a platform for guests to interact with business heads and acquire valuable insights about investing in London properties. Our Mumbai launch is on the 2nd and 3rd of March, while the Delhi launch is on the 9th and 10th of March.
Backed by over six decades of experience in London and over a decade serving Indian investors, our customers also get the support and expertise of our 21 branches across London. For more information about our upcoming events or investing in London properties, get in touch with us.
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.