When you think of property investment, the Southern town of Slough may not be the first area to spring to mind.
However, when it comes to investing in off-plan, Slough is an area that shouldn’t be ignored.
This up-and-coming UK city is popular with those on the London commuter belt, with transport links connecting Slough to London in less than an hour.
More recently, those looking to buy off-plan property in London have been turning away from the capital and heading to more suburban towns like Slough. It’s easy to see the attraction.
With property prices that are significantly lower than those in London, a booming economy, and ongoing regeneration, for those who want to buy property off-plan in London, Slough is the next best thing.
Zoopla states that Slough’s current average property price is £335,558, which is highly affordable compared to London’s £951,249 average.
For renters, living in Slough is also a welcome alternative to the high rental costs of the capital.
Many renters are now more willing to live on the outskirts of London if it means spending less on rent, particularly during 2021 when remote working has become more popular than ever.
- Lower average house prices than in London, making below market value off-plan purchases even more affordable.
- The real estate market is thriving, with expected capital growth on the horizon.
- Excellent transport links connect residents to London in less than an hour.
