Slough, London Commuter-Belt
Invest at Crossrail’s Premier Development
- 100m from Slough Station – serving 30,900 London commuters
- 14.8% property price increase expected by 2024
- 11.5% rental price increase expected by 2024
- Wider £3 billion regeneration plan
- Anticipated completion date Q4 2020
Generational Tenant Demand
It’s expected that by 2039, renters will outnumber homeowners as younger buyers become part of ‘Generation Rent’. Prioritising flexibility, space and nearby opportunities, this new wave of tenants want to be as close to the action as possible. They don’t mind paying more either – according to Homes and Property, 2-bedroom apartments are more likely to attract tenants despite rents typically being higher.
Slough meets all of these demands. The world-class transport links it can provide means London is never too far away, while an affordable local market undergoing huge regeneration projects means that prime town-centre property has the potential to deliver incredible returns. Transformational infrastructure projects such as Crossrail are vastly improving accessibility, guaranteeing that London commuters will be able to work in the city and enjoy the benefits of more affordable living in Slough.
Slough is currently experiencing the benefits of investment thanks to the £450m ‘Heart of Slough’ regeneration programme – a vision for Slough that includes improved leisure facilities and increased commercial space. On track to create 5,000 jobs and due to complete between 2021 and 2022, the programme is just one example of inwards investment helping create demand, ideal for key investors that are looking to buy off the plan property.
Well underway already, a £22 million learning and cultural centre, the Curve, opened in September 2016 providing a library, arts and performance space, café, museum and dedicated learning space.