The perceived wisdom that sees London’s Zones 1 and 2 as the only exciting places to rent a property, has been debunked by the swift rise in popularity of Zone 4’s Colindale. There may not be the same concentration of wealth that you would expect to find in central London, but Colindale does have one commodity in abundance and that is space – lots of it.
Historically, the Royal Air Force and the Metropolitan Police have been major landowners in the area, so as they downsized, the property market in parts of Colindale underwent some fundamental changes. The net effect has been the freeing-up of unprecedented amounts of acreage for much-needed redevelopment attracting a new breed of tenants priced out of postcodes closer to the center of town.
A landmark development which entered the area in 2009, Beaufort Park occupies a convenient position situated within five minutes walking distance of Colindale Tube station. Served by the Northern Line, residents can be at their city desks in under half an hour. The line also divides into two at Camden Town, which allows passengers to access the West End without any complicated train swaps.
Set amongst eight acres of landscaped gardens, Beaufort Park is an impressively put-together collection of apartment buildings with its own shops, residents’ spa and on-site restaurants. The pedestrianized communal areas are laid out in a series of wide tree-lined boulevards giving the place a distinctive villagey feel. We also have a dedicated lettings branch at the development so we are on the spot to help tenants and landlords and always have a steady flow of good properties available.
Rentals at Beaufort Park
Studio apartments from £230 per week
One-bedroom apartments from £330 per week
Two-bedroom apartments from £400 per week
Three-bedroom apartments from £530 per week
Over on the other side of Aerodrome Road from Beaufort Park, another extensive new property development is taking shape. Colindale Gardens, which are expected to roll out in Autumn 2017 will extend from Colindale Tube station all the way to the fringes of Hendon.
Projected rentals at Colindale Gardens
One-bedroom apartments from £330 per week
Two-bedroom apartments from £400 per week
Both Beaufort Park and Colindale Gardens are a short walk/bus ride from Mill Hill which is one of North West London’s most sought after neighbourhoods. Possessing a unique cafe culture, Mill Hill also has an Overground rail station that runs trains into St Pancras and Blackfriars every 15 minutes. The line also runs north to St Albans city centre and Luton Airport.
A cluster of commercial sites along the important A5 route into London is where the next phase of regeneration is taking place in what could be called Colindale’s ‘Old Quarter’. As mentioned before, the sheer size of these plots has allowed property developers to focus on the provision of quality accommodation and local amenities. The TNQ property development has successfully transformed a drab neighbourhood into a smart network of homes with an on-site gym and shops. The name is an acronym for ‘The Northern Quarter’ and this modern high rise development provides views across the North London landscape.
Rentals at TNQ
One bedroom apartments from £280 per week
Two bedroom apartments from £360 per week
Other revitalised stretches of the A5 occupy the northern and southern fringes of Colindale. To the north is Edgware Green, where smart new apartments have built on the site of a former housing estate. The development has good local amenities and Stanmore Tube station is nearby, served by the Jubilee line which provides a direct service via the West End right into Canary Wharf.
To the south of the A5 is Hendon Waterside, a Barratt scheme which overlooks the scenic Welsh Harp reservoir and is just around the corner from West Hendon Overground train station and Brent Cross Shopping Centre – one the UK’s first malls and the biggest in London before the arrival of Westfield.
Rentals at Edgware Green & Hendon Waterside
Two bedroom apartments in Edgware Green are available from £350 per week, while £400 per week will secure you the same accommodation in Hendon Waterside.
With plenty of parks, cafes and retail space on their doorsteps, residents living in and around Colindale will have plenty of leisure options. Copthall Sports Centre has two Olympic-sized pools and is the home of the Saracens Rugby Club. The Welsh Harp is a boat enthusiast’s paradise with a club that provides both sailing and canoeing opportunities. Anyone interested in following the fortunes of the national soccer team will find visits to nearby Wembley Stadium an easy venue to reach.
Colindale is a growing community offering a well-balanced urban lifestyle and good transport links. The developments featured here have opened up massive potential within the NW9 postcode and are definitely ones to watch.
To see our available properties in Colindale click here or call our lettings branch on 020 8732 7980.
Sam joined Benham and Reeves in 2010, initially setting up the company’s Short Lets division, which is based in Hampstead. He then moved on to set up and manage the Colindale branch situated on-site at the Beaufort Park property development. Sam has a solid background in property and prior to joining Benham and Reeves, worked in international property sales for several years. Read more about Sam Shah here - Read full profile.