Slough offers the perfectly balanced home environment of vibrancy, rural beauty and tranquillity.
The demand for new homes in Slough continues to rise. Slough is already one of the UK’s fastest-growing regeneration hotspots and has been ranked as the youngest town in the UK by the ‘Centre of Cities.’ Already voted the top place to live and work in the UK, two years running, Crossrail will inevitably continue to propel Slough’s economic growth.
The ‘Crossrail Effect’ has already seen capital growth of more than 20% since it was announced.
Property values in Slough grew 29% over 2017 and 2018 and the ‘Crossrail Effect,’ research carried out by JLL, forecasts ongoing capital growth, up to 35%. Slough is expected to spike again once Crossrail arrives and the area becomes even more in demand and popular with the London commuter market. Local agent, Foxtons, have indicated 7.39% growth in Slough property prices over the last year.
This means new homes or apartments in Slough worth £250,000 could see an increase of £87,500, with a new value of £337,500 in four years.
Due to Slough’s fantastic continued forecasted growth, it has also attracted much attention from international buyers, looking for off-plan, property investment opportunities. Investors are not only benefiting from Slough’s fantastic capital growth but also rental yields of between 4-5%.
Aside from Crossrail, there is a total of £3 Billion of investment into the town centre including the Slough Urban Renewal project. This will inevitably continue to positively affect property prices in Slough. The Abu Dhabi Investment Authority has also bought the two main shopping centres in Slough and will be delivering a new super shopping mall in the town centre, less than 100m away from Aspire.
Slough is certainly one of UK’s favourite ‘Boomtowns’ for first time buyers, young professionals commuting into the capital and property investors alike. This combined with the forecasted capital appreciation is an exciting prospect for all homebuyers.
Due to Slough's location and attainable property prices, our development Aspire in Slough town centre has proved to be extremely popular with first-time buyers.
Have you heard of the Help to Buy scheme offered by the UK Government?
Your first step on the property ladder might be closer than you think. The Help to Buy Equity Loan makes it possible to buy a home with just a 5% deposit and a 75% mortgage to make up the rest.
At our development Aspire, the Government lends you up to 20% of the purchase price of your new home. This loan sits alongside your mortgage and is interest-free for the first 5 years.
The Own Your Home website (https://www.ownyourhome.gov.uk/) helps you find out which schemes are suitable for your specific case.
If you wish to obtain further details on fees and loan repayments, Homes England put together a detailed guide? (https://www.helptobuy.gov.uk/wp-content/uploads/Help-to-Buy-Buyers-Guide-Feb-2018-FINAL.pdf).
You can also contact us at email@example.com or call 02070788586 if you wish to speak to a mortgage advisor.
Click is proud to announce that we have received planning permission for 238 new homes in Herschel Street, a stone's throw away from the high street in Slough’s town centre.
The development will consist of High-end studio, 1, 2 & 3 bedroom apartments situated less than 1 mile from Eton and onl... Read more...