Why buy new builds or off-plan apartments in Slough?
There’s no doubt that Slough is benefitting from the decline that London is facing. With prices currently around £394,142, Slough is more affordable than the London average of £651,033 but has witnessed higher property price growth, rising by 13.8% during 2017. As renters leave the London market, Slough represents an affordable alternative that maintains incredible connectivity with the capital.
Thanks to infrastructure improvements in the form of Crossrail – a high-frequency, high-capacity ‘door-to-door’ rail connection with destinations across the South East – Crossrail will put 1.5 million people within 45 minutes of London including Slough. With nearly 16,000 professional jobs in the town and over 48,000 workers commuting to places such as Heathrow and London, Slough is already trending as a premium Buy-to-Let property opportunity.
Final Units Now Available
- Exclusive Private Community Living
- 100m from Crossrail – 18-minute commute to London
- Initial Deposits from 20%.
- 2 bedroom apartments available
- Executive resident’s app providing premium lifestyle amenities at the touch of a button
Investing in Slough Off-Plan Property
Slough property is more affordable than the London average of £655,000 but has witnessed higher property price growth. JLL predicted a rise of 26.4% in 2015 for both Slough and Maidenhead, however, Zoopla house price data at the time of writing shows Slough has actually had a 56% rise, far exceeding JLL’s forecast.
Experiencing a wider growth of 313% over the last 20 years, Slough property increases have been driven by the Slough Urban Renewal (SUR) project, a masterplan that has injected £1 billion into the town. This has funded incredible new developments and amenities for residents, attracting a new wave of premium tenants that deliver premium rental income.
Coupled with an employment rate of 78.8% across the South East – outperforming the wider UK average – Slough is well placed to take advantage of a mobile, ambitious workforce that is looking for quality residential accommodation.