Barratt London has launched an its Investment Portfolio as it looks to showcase London’s investment potential for Middle East buyers.
Featuring detailed information on several current developments around the city, the Investment Portfolio sets out the facts, figures and statistics that reveal why residential property in London has such enduring appeal for overseas investors.
Barratt London is focused on selecting locations to place new developments in areas that are being regenerated and revitalised and being served by excellent public transport and other amenities. As a result, capital growth in many of these areas has been extraordinary, with high future growth expectations.
Middle East investors eye London real estate
The Investment Portfolio reveals that around Wembley Park Gardens, close to the iconic Wembley Stadium, house prices have risen 60 per cent in a decade.
At the same time, rents have increased by more than double the London average, up 49 per cent in the past five years. With $3.17bn of regeneration investment underway in the local area and outstanding local facilities, the rise in popularity of the North West London cultural hotspot is set to continue.
Barratt London also identifies Springfield Place in South West London as a popular area, which has seen a 58 per cent price growth in the past 10 years and a 5.5 per cent projected rental yield.
Stuart Leslie, Director of Sales and Marketing at Barratt International, said: “The Investment Portfolio is an invaluable resource for Middle East investors considering UK residential property but might be unfamiliar with the city and all it offers.
“In addition to presenting the financial benefits of investing, it gives a real flavour of the city – a capital with more than 200 theatres, 192 museums, and over 3,000 green spaces that cover nearly half of the city.
“Home to the London Stock Exchange, 5,000 tech companies including Meta and Google, four of the world’s top 50 universities and eight of the best secondary schools, it’s no surprise that London has been voted the world’s best student city for the sixth consecutive year.
Demand for rental property in the UK capital is high, with 23 tenants chasing every property, according to London real estate agents Foxtons, and achievable rental yields of more than 6 per cent in some areas.
Some homes in the Portfolio are ready to move into, with prices from $443,000. Others can be bought off-plan, with an attractive payment plan offering a 10 per cent deposit and 90 per cent on completion.
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