With house prices in the capital becoming increasingly more expensive, people are leaning more towards renting and investing in commuter towns in the suburbs of London.
investments have soared over the past few years in the capital, but now locations outside of London are in the limelight as more and more people flock to various locations within the city’s commuter belt. With Crossrail on the cards for a number of these suburban locations, investors, first-time buyers and ambitious property hunters should look for opportunities to buy outside of London so that they can reap the countless benefits that it will bring and watch their investment flourish.
This West Sussex Location has recently become a popular property hotspot for families and aspiring professionals who are trying to escape the high house prices in London, therefore it is a high contender for investments. Between 2014 and 2015, the average rental yield in was 5.6%, which was 2.9% higher than the year before. These promising figures suggest that there is a bright future for rental prices in Haywards Heath and it is a location that investors should keep their eyes peeled for.
Another aspect of that makes it one of the best locations outside of London is its commutability factor. Major London destinations are a convenient train journey away, including London Victoria which is accessible in 43 minutes from Haywards Heath’s mainline station, plus London Gatwick Airport is reachable in 15 minutes or less. Being within easy reach of these key destinations makes Haywards Heath one of London’s suburbs most coveted rental hotspots, as it provides easy access to many job opportunities and amenities that London has to offer, without paying the unaffordable city prices.
In addition, the prospect of regeneration in the area also boasts Haywards Heath’s reputation as a property investment hotspot. The chief of Mid Sussex District Council, Garry Wall, has stated: ‘The regeneration of the station quarter will be a boost for Haywards Heath…This new gateway will improve shopping opportunities for local residents and commuters, provide 200 new jobs and enhance visitors’ first impression of the area.’
is proud to introduce a fantastic development, White House, to the area; this will be a perfect opportunity for investors looking to get their foot in the door of the property market, or for those wishing to expand their portfolio. Galliard Homes believe that there will be high demand amongst tenants for an apartment in this development as it will be just a short five minute walk from Haywards Heath mainline station. As well as this, White House will also be close by to a number of local facilities, including The Orchards Shopping Centre which will be only 20 minutes away. The White House’s proximity to a variety of amenities, plus its modern and sleek design, makes it a investment not to be missed.
White House has now successfully sold out. For further information about White House, please on the Galliard Homes website.
Being within a 30 minute commute of Central London, combined with property prices averaging , it’s no wonder that investors are heading to Kings Langley, as more and more aspiring London professionals are seeking new homes for rent within close proximity of the capital.
Burrowed between Hemel Hempstead, St Albans and Watford, this historic village is a desirable commuter hotspot with the M25 and M25 less than 10 minutes’ drive away, whilst Heathrow Airport is less than 20 minutes away. But it’s not just the fantastic transport amenities that make Kings Langley a worthy choice for investors: rental yields in the area for a one bedroom property currently sit at an impressive , or 5.6% for a two bedroom property.
Credited as the back in 2012, residents of Kings Langley are spoilt with the best of both worlds; with a vast selection of independent boutiques on their doorstep, or just 23 minutes away via train, they can find themselves in the heart of Central London with its plethora of cultural, shopping and fine dining opportunities.
Galliard Homes is proud to present Pinnacle House, an office conversion set to offer an outstanding selection of contemporary studios and one bedroom apartments only two minutes’ walk from Kings Langley railway station. Many of the apartments will include a separate study, which could alternatively be used as an additional bedroom, whilst all properties will be exceptionally designed to include sleek finishes and high-tech facilities, including integrated kitchen appliances and video entryphone security.
For further information about Pinnacle House, please on the Galliard Homes website.
Situated in South-West Hertfordshire, just inside of the M25, Rickmansworth is a treasured commuter town, which is fast becoming the go-to destination for would-be Londoners now considering more affordable locations. This quaint town bordering Watford has been commended as one of the of the South East, perfect for commuters looking for a blend of town and country living. Typically this area attracts families looking for a larger home to settle down, thanks to Rickmansworth’s excellent schools and welcoming village vibe, however more recently the area has attracted an increasing number of young professionals, be it first-time buyers or renters hoping to have a better chance of saving by living in an outer suburb rather than inner London.
Despite being only 20 miles north west of Central London, there is a staggering difference in property prices. Apartments in Rickmansworth, on average, sell for approximately whilst a flat in Central London now sits at an average of ! With a number of regenerative projects underway in nearby Watford – Hertfordshire’s principal employment and entertainment hub – desirability to live in the surrounding areas will only continue to rise, making now a fantastic time to invest.
For some, living in and commuting from Zone 7 may seem a little far-fetched, although when you consider that Marylebone in the West End is accessible in just 29 minutes, the idea becomes much less daunting and a lot more logical; especially when you compare it to the journey between Stratford in Zones 2 and 3 to Baker Street in Zone 1 which takes the same amount of time! Rickmansworth is served by a mainline and Tube station, which provide services via Chiltern Railways and the Metropolitan line respectively. As well as this, residents are within close reach of the M25, the M1 and the M40, whilst Heathrow Airport is approximately 23 minutes’ drive away – perfect for local, regional, national and international travel.
Galliard Homes is proud to present its latest Hertfordshire residential development – an office conversion set to comprise a choice selection of studio and one bedroom apartments adjacent to the town’s high street. Residents will be just six minutes’ walk from the train station, whilst everyday amenities will be right on their doorstep; perfect for both homeowners and investors looking for a property with promising rental yields. All apartments will come featuring high-end specifications, including integrated appliances – a complementary feature to the modern, fitted kitchens – while select studio apartments will have a swivel TV and storage unit, which will act as a partition between the living and bedroom area, whilst also permitting viewing from both areas.
Langwood House has now successfully sold out however, for more information please on the Galliard Homes website.
Another one of the biggest locations outside of London is, without a doubt, – recently named the ‘top place to invest in property’ by . With rental costs and property prices growing at a faster rate than any other London suburb over the last year, it is no wonder that this area of Bedfordshire is on the top of the list of many investors. During the course of last year, Luton saw an impressive 18.5% increase in house prices, which is extremely good news for investors in the area. As a result of this significant increase in property prices, on average in 2015, the cost of a semi-detached house was £40,000 higher than in 2014. By looking at these figures, it is clear that Luton is on the rise and promises investors soaring rental yields.
If the climbing house prices are not enough to convince you that Luton is a hotspot to consider venturing into, maybe its factor will sway you. Over the last 10 years, the rate of employment has grown by 11.4%, which is a result of the booming start-up business sector in the area. In fact, there are approximately 5,500 companies based in Luton of all different types, even big brands such as Thompson and EasyJet. Another major employment hub in the area is, of course, Luton Airport, which is one of the main catalysts for the area’s economy. The increasing rate of employment and job prospects is another reason why Luton is considered one of the best regions to make a investment.
The Landmark in Luton is one of Galliard Homes’ newest developments and is an impressive addition to the company’s portfolio. This off-plan development will be the definition of an ideal investment with its combination of style, practicality and location, offering superior rentability. Just 10 minutes away from station, this development will prominently appeal to professionals who want a convenient commute to work in the city, as well as students attending the nearby University of Bedfordshire.
The Landmark has now successfully sold out however, for more information please on the Galliard Homes website.
Galliard is proud to present Carlton House, set to offer a fabulous selection of contemporary studios and one bedroom apartments just 15 minutes’ walk from Luton's town centre.
Each reservation at will benefit from a free furniture package and paid Stamp Duty – ideal for investors - whilst can now also utilise .
Carlton House has now successfully sold out however, for more information please on the Galliard Homes website.
Having gained a reputation as one of the leading investment hotspots outside of London, plus being labelled as the country’s third most in demand rental location, the face of has changed before our very eyes. These days, Slough is considered as one of the country’s most profitable regions in terms of business and property, as house prices carry on soaring. Currently in Slough, the average rental price of a property per month is an estimated £795, resulting in landlords receiving a rental yield of about 5.9%, a figure which is due to increase over the next five years.
Another reason that puts ahead of the race in terms of its rentability factor is the introduction of Crossrail in 2021. Crossrail and the regeneration of Slough station is expected to increase the value of property in the area by an astounding 47%, according to JLL. The Slough Wellbeing Board is determined ‘that by 2028, Slough will possess a strong, attractive and balanced housing market which recognises the importance of housing in supporting economic growth.’
If investors are looking to make an investment in Slough, then Skyline is a perfect place to consider. This impressive off-plan development by Galliard Homes is located only an 11 minute walk from Slough station, meaning it will be in high demand from tenants looking for somewhere convenient for commuting into London. Once , Liverpool Street will be reachable in less than 40 minutes and travelling to the financial district of Canary Wharf will take just over 45 minutes. In addition to its unbeatable location, Skyline will feature an exceptional assortment of studio, one and two bedroom apartments, all complete with a refined specification which will include fully-integrated kitchen appliances and sleek, modern bathrooms.
Skyline has now successfully sold out however, for more information please on the Galliard Homes website.
Another fantastic Slough development, set to launch on Saturday 19th November, is Atria – a transformed office building set to comprise a superb range of studios, as well as spacious one, two and three bedroom apartments. This is an unmissable opportunity forinvestors searching for a desirable rental location within a short commute from Central London.
All apartments at Atria will come fully-furnished (at no extra charge), plus it is now being offered with Stamp Duty fees paid!
For further information about Atria, please on the Galliard Homes website.
Previously rated as the in the UK – boasting a thriving town centre, excellent schools, a low-crime rate, top-notch schools and fantastic transport links – in is a prime choice for landlords looking for a property on the outskirts of London.
is situated just outside of the M25, with the A12 and A127 also close by, and is equidistant from Southend, Stansted Airport and Central London. From Brentwood station, commuters can arrive at London Liverpool Street within 40 minutes, or if they travel three minutes to Shenfield station, a faster service offers journeys in little more than 20 minutes. Once Crossrail is up and running, and will be the final two stations on the north-eastern section of the line, and will allow passengers to travel all the way into the West End without the need to change trains.
As more people look to the peripheries of London to rent properties, and as Crossrail is expected to cater for an extra 1.5m within 45 minutes’ commute of the capital, Brentwood is now one of the most desirable locations for investors. Property experts are saying that now is the time to invest with the area predicted to see a rise in prices by the time the Elizabeth line opens.
In terms of rental yields, the east of England is doing considerably well, with rents rising in 2014 compared with 4.5% across the rest of the UK, excluding London. Brentwood comes in at third place within the eastern region for lucrative rental yields with an average of per year. Back in 2014, the average monthly rent for a Brentwood property was £1,122 and in 2015 this rose to , rising more than 20% - the most impressive increase found across the county.
Galliard Homes is renowned for pinpointing key areas of growth and potential across London and the South East, and Brentwood is a prime example. Essex House – strategically located just four minutes’ walk from the station and within close reach of the high street – will offer 24 exemplary new studio and one bedroom apartments, with many boasting a separate study area, providing added space and versatility for residents. Completed to the finest standards, these properties will also come fully-furnished (at no extra cost), whilst buyers will also be able to choose from one of two complimentary offers – either one year’s service charge break or one year off paying letting and management fees.
Essex House has now successfully sold out however, for more information please on the Galliard Homes website.
The only city in , Chelmsford’s population is steadily rising thanks to its affordability, fantastic amenities and transport facilities. Home to Bond Street’s expansive retail and leisure development – which now houses the brand new flagship John Lewis store – Chelmsford is a bustling hub with many commuting in either for its variety of employment opportunities or to indulge in the array it has to offer.
is an excellent choice for Buy-to-Let investors looking outside of London for a hotspot with unlimited potential. Only 35 minutes from Liverpool Street via the mainline station, this area is a particular favourite for young professionals, and with a constantly replenishing student population thanks to the local Anglia Ruskin University, investors can enjoy the reassurance that their Buy-to-Let home will not lie dormant. As well as this, the introduction of Crossrail at Shenfield station, which sits a short 12 minute train ride away from Chelmsford, is set to see rental yields rise, adding to the area’s desirability for Buy-to-Let investors – whilst still being a sizeable discount compared to the rents Londoners are used to paying.
Galliard Homes is proud to present , located in the heart of Chelmsford’s city centre, only 10 minutes’ walk from the mainline station. The development will comprise of an elite selection of contemporary one and two bedroom apartments, all of which will come fully-furnished at no extra cost. Investors can expect rental yields of up to 5.4%, making this an unmissable investment opportunity, whether its purpose is as a supplementary income, retirement nest egg or the start of a successful Buy-to-Let business.
To find out more about Rosebery House and to view its availability, on the Galliard Homes website.