Investment property of the month – Brentford

In this month’s blog we’re showcasing London’s latest new development- IconBlu, TW8 completing in 2019. Situated in Brentford, surrounded by exclusive London postcodes including Ealing, Richmond and Kew, this scheme comprising 271 apartments each with a dedicated parking space offers high quality accommodation in a sought-after location. The Zone 4 station at Syon Lane is only a short walk away and this allows residents to commute to central London in just over 30 minutes.

Residents benefit from good on-site facilities:
• Secure underground parking
• Communal gardens
• On-site porter and concierge
• Dedicated residents’ gym
• 24-hour security and CCTV

Competitively priced with studios starting from £255,000, significantly below market values, the development has attracted considerable interest from investors who have already started snapping up properties.

Located in London’s Golden Mile- home to over 200 well known companies employing over 25,000 people, the area is undergoing significant regeneration including a new retail & leisure centre and £5m waterfront marina expected to create 14,000 new jobs supporting strong demand for housing and rentals.

Investment potential

This is a good rental investment opportunity underpinned by strong demand in the area for private rental accommodation from local and City professionals, and students. Our local Kew lettings branch projects rental yields in excess of 5% for this development.

Studios
For sale from £255,000
Expected rentals £1,050 to £1,150 pcm
Yield 5.4%

1 beds
For sale from £305,000
Expected rentals £1,250 to £1,350 pcm
Yield 5.3%

2 beds
For sale from £475,000
Expected rentals £1,500 to £1,600 pcm
Yield 4%

These modern new homes are expected to sell quickly; if this exciting scheme is of interest, email us and we will put you in touch with the selling agent.