Petersfield Avenue, Slough SL2 5DN, UK
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Agents think: £399,950 1 agent(s) valuations found
HPI banks think: £NaN
Opulence Invest Agent Valuation of this property is £399,950
-Completed -Tenanted and fully operational
-Less than a 5-minute walk to the train station
-Service charge Est. £2.00 per sq.ft p.a
-Ground rent £450 per annum
-Projected rental income per month £1700 pcm
-Parking space available at additional cost
-15% Below market value compared to another high-profile new Slough development – from £455 per sq.ft.
Versus estimated £540 per sq.ft.
Slough houses a business district featuring more than 4,600 businesses including O2, Unilever and Ferrari. This provides an amazing foundation for employment opportunities, helping develop a talented and motivated workforce. It is also close to Heathrow airport. Regeneration is also an important aspect of Slough rise.
The heart of Slough, redevelopment scheme has helped establish the town as an extension of London residential market, enhanced by the Crossrail in 2019. Overall the heart of slough regeneration scheme is expected to provide a massive boost to local employments levels, creating 4,800 permanent jobs and 500 temporary jobs.
There are many reasons why the Commuter belt is such an attractive prospect for people looking to move outside London. Firstly, and probably most importantly, It is affordable. With cheaper property prices, lower cost of living and excellent accessibility, the Commuter belt is a great fit for those who want a less expensive lifestyle but don't want to give up London completely. It is also experiencing something of a renaissance. Commuter towns are taking advantage of inwards investment to create an enjoyable lifestyle, which people would be happy to live and invest in.
While London continues to see a declining property prices, certain commuter belt locations including Slough are expecting to growth of nearly 35% thanks to commercial, retail and lifestyle focused redevelopment.
Finally, with Cross rail completion on the horizon, Slough will soon boast unrivalled connectivity with the Capital and other key destinations in the region.
Cross rail is a key component to Slough achieved and forecast growth.
There are also excellent road connections to the M4, M25 and M40.
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- For investment purposes or owner occupiers only
-No help to buy