New Year, New You, New Investment
It’s nearly that time, when people review the year just gone and what they want to achieve going forward – whether it’s joining a gym, searching for a new job or re-evaluating their finances. But what if for 2020, it actually was a new you? What if this year, you completely transformed your financial future and made significant steps to achieving your objectives – whether it’s building security in retirement, creating a nest-egg for your family or buying a holiday home in your favourite getaway?
We’re big believers in the power of investing early and with completion drawing to a close at New Eton House – a prime development in the South East of the UK – now might be the perfect time to secure your first property investment or add to a growing portfolio. New Eton House, a luxury residential development comprised of 58 one and two-bed apartments is ideally located just five minutes from Slough Trading Estate, home to over 500 international businesses including Ferrari, Telefonica, Fiat, O2, UK Mail, Mars, Virgin Media, Centrica and Yell.
New Eton House is designed for the modern executive tenant, offering accessibility and quality while taking advantage of the incredible demand that the commuter town is attracting.
- Deposit of 10% required (from £23,995)
- 1 & 2 bedroom apartments
- Boutique hotel style finish
- Located minutes from Europe’s largest privately owned trading estate in the heart of the town’s thriving commercial centre
- No.1 destination for executive tenants
- Estimated completion date Q1 2020
Providing a strong Investment Case
23 Minute London Commute
23 minutes to London Paddington and 20 minutes to Heathrow (via Crossrail)
Property Price Growth
JLL Forecasts 14.8% Growth in House Prices & 11.5% Growth in Rental Prices by 2024
of the population in managerial and high level executive roles
New Eton House is set to be the first development of its kind within Slough to be designed to cater specifically to the increasing demand for higher spec, luxury accommodation, and with only 58 apartments and ample parking, it presents a very lucrative investment opportunity, that we’re already receiving a lot of interest for.
Pricing & Deposit Structure
Luxury 1 bed
Prices from £239,950.
Initial Deposit from £23,995
Designed for a clear gap in the market for high-end apartments with luxury finishings
High Tenant Demand
By 2021, Slough’s total population is estimated to increase by 18,000
New Eton House
I have found SevenCapital very attentive with brilliant communication and they always returned phone calls.
Charlotte gave me total peace of mind and empowered me with the knowledge and tools to make my new property business a pleasurable and lucrative venture.
*Projected Capital Growth and Rental Yields
How did we calculate this?
Similar properties have been sold at £285,000 – £350,000. This represents a 17% – 45% price differential on which we have estimated growth in line with comparable developments upon completion.
Leading property consultancy, JLL has predicted a 33.6% increase in property prices between 2015 and 2020 in the Slough area due to the impact of Crossrail. Local agent, Foxtons, shows 7.39% growth in Slough property prices over the last 12 months.
The average data for flat rental values in Slough is currently £1,023 as listed by the linked research below. New Eton House, due to its design and location, is expected to attract a higher rental.
£1,020 × 12 = £12,240
£12,240/£239,950 = 5.1% yield
The neighbouring development has been used as a comparator which is currently attracting rental values that we forecast for our development. We attach a Rightmove’s Best Price Guide regarding rental values to the same.