Exiting investment potential at Berkeley’s Eden Grove in Staines-upon-Thames
For investors seeking a property within easy reach of London, Eden Grove – Berkeley’s superb new development in Staines-upon-Thames, Surrey – offers an exciting investment opportunity. The average price of a property has increased by 60 per cent* over the past decade, and – thanks to demand from renters who are working from home and no longer need to be in the capital seven days a week - buyers can expect yields of around 5.8 per cent.
Located west of the capital, just over a half-hour train ride from central London, Staines-upon-Thames is a thriving modern town in a picturesque setting on the River Thames. In the heart of the town is Eden Grove, an outstanding collection of apartments set in landscaped grounds and built to Berkeley’s impeccable standards.
Danny Rowland, Sales Director of Berkeley, comments: “Staines-upon-Thames’ enviable riverside lifestyle and excellent accessibility has made it a very popular place to live. It is within London’s most expensive commuter belt yet offers exceptional value in comparison to its prestigious neighbours Virginia Water, Windsor, Ascot, Weybridge and Kingston.”
He adds: “Average house prices in Staines-upon-Thames have risen by 60 per cent over ten years and this trend is expected to continue, but properties remain affordable and the homes at Eden Grove represent an excellent long-term investment.”
Staines-upon-Thames boasts a vibrant economy. It is in the top ten per cent of UK areas for growth potential and was ranked the UK’s number one town for new business start-ups in 2019. The town is a magnet for big name employers and since 2010 more than 1,100 have set up new offices across the area including Salesforce, Samsung and Bupa.
?Netflix has made the nearby iconic Shepperton Studios, famed for Harry Potter and Star Wars, its permanent production base and is set for a £500m expansion with the creation of 2,000 new jobs.
Staines-upon-Thames also benefits from its links to the Heathrow economy. Heathrow Airport, just three miles away, is the world’s second busiest airport for international passenger numbers. It supports around 69,000 jobs and over half of employees live in the local area.
Danny Rowland comments: “There is very high demand for property within easy reach of both Heathrow and London. Staines-upon Thames has a strong, well-established rental market, with one in eight households renting privately, which is why investors can anticipate a rental yield of around 5.8%.”
Accessibility is key for investment property and Staines-upon-Thames benefits from excellent road and rail links. It is very close to the M25, offering easy access to the M3 and M4. Commuters can reach London Waterloo from the town’s station in as little as 35 minutes. Three Crossrail stations nearby will whisk passengers into the heart of London with faster travel times of 26 minutes (from 38 minutes) to Bond Street and 40 minutes to Canary Wharf when the line opens in 2022.
With the world-famous Eton College and a further 20 other independent schools within six miles of Eden Grove, Staines-upon-Thames also excels for its outstanding educational opportunities. For those embarking on higher education, all of London’s top ten universities are within easy reach, including the London School of Economics and Political Science, Imperial College London and University College which are all just under an hour away via train, as well as Royal Holloway, University of London, which can be reached in 20 minutes by train.
Eden Grove is just a five-minute walk from a great selection of well-known brands and independent shops in Staines-upon-Thames’ High Street. The area has a rich variety of cafés, pubs and restaurants, and many parks, riverside walks and the beautiful surrounding Surrey countryside to enjoy.
The development offers fresh and modern suites, one, two and three-bedroom apartments across six stylish buildings, set around a landscaped courtyard. Exclusive residents’ amenities include a concierge service, gym, cycling studio, cinema room and co-working space.
Book your appointment today:
To book a private viewing of the stunning new two-bedroom show apartment, or to find out more about Eden Grove, please call 01784 817 846 or visit edengrove-londonroad.co.uk.
Contact EMWC:
E-mail: [email protected]
Tel: 020 8638 8380
Website: www.eastmeetswestclub.com
Address: 23 Austin Friars, London EC2N 2QP