Off-Plan & New Build Apartments in Slough
New Eton House
Slough, Bath Road
Plan for Your Future with New Eton House
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- Initial deposit of 10% required
- 22% capital growth projected in 3 years and 5% yield
- 1 & 2 bedroom apartments
- Boutique hotel style finish
- Located minutes from Europe’s largest privately owned trading estate
Why buy new builds or off-plan 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.
As a key destination in the ‘traditional’ commuter belt, Slough is part of a region that has experienced property price increases of 313% over the last 20 years. With nearly 46% of homes already let to tenants that have moved from the capital, it’s easy to see that Slough remains a top location for renters that want an affordable alternative to London.
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.
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As first-time investors, my wife and I were cautious about selecting the right developer with whom to invest our funds. We purchased a 1 bedroom apartment at Broadway Residences & I am delighted to say that the unit was let the same day that we completed for £850pcm. I am impressed by the level of service received – I would definitely recommend SevenCapital.