Slough Property Investment: 5 Reasons to Invest in Slough

For an area to truly thrive, it needs to have a strong economy.

Well, as recent reports and news would suggest, the town of Slough has just that, and this economic strength undoubtedly plays a huge part in the success of Slough property investment.

In this section of our Slough buy to let guide, we’ll explore the Slough economy and learn what makes the town stand out as a top UK area.

Key Topics:

• The strength of Slough’s job market, with a thriving business scene in the area.
• Facts about the Slough economy and its population.
• Information on Slough employment levels, which benefit Slough buy-tolet prospects.

The Slough Region Has a Booming Economy

Despite being situated so close to London and sitting in the London commuter belt, the Slough region is often in a league of its own when it comes to economic strength.

With a population of 164,000, there are an estimated 82,000 jobs in the area.

Around 48,000 workers living in Slough are commuting from the town to major cities like the capital.

More and more people are attracted to the prospect of Slough each day, with the population increasing by 15% over the last decade.

It’s unsurprising why so many people choose to live in Slough rather than other South-Eastern cities. The main reason behind this is the employment opportunities.

The town boasts impressive statistics for business and enterprise, making it a great option if you’re considering an property investment tips.

Here are a few of the main points that help the Slough economy stand out and encourage investment in the area:

• Slough unemployment levels are a third of the national average.
• The town is home to the largest concentration of global corporate headquarters outside London.
• Huge businesses like tech giants Amazon, Mars UK, and O2 are all located on the Slough Trading Estate.
• The town is based on industries like tech and manufacturing. For this reason, the region has been dubbed the UK’s Silicon Valley with a tech-centric industry worth a whopping £8 billion.
• Slough Trading Estate is the biggest business park in Europe. It is responsible for the employment of over 20,000 people across 500 companies.

According to the Centre for Cities, all these statistics result in Slough being considered the most productive place in Britain.

It’s not just the town’s present that is exciting, though. Slough also has a great future ahead of it.

According to the European Cities and Regions of the Future report, Slough has been listed as the 3rd most promising region in Europe for infrastructure.

Like regeneration, transport links are a key factor in making property investment more appealing in an area.

Areas with good transport links are typically good places to live, leading to rental market demand and house price growth.

In Slough, the fantastic transport links available in the town have put the area on the map as a growing buy-to-let hotspot.

Let’s explore this a little more in chapter three of our Slough buy-to-let guide.

Key Topics:

• Details about transport links in Slough.
• How transport in Slough helps the town stand out as a top investment area.

Fantastic Transport Links

The bulk of Slough’s appeal to businesses and workers is its fantastic location.

The town sits in the London commuter belt, with easily accessible transport links to get anywhere in the capital.

Around 48,000 workers commute from the town each day, with about 20,000 employees based at the Slough Trading Estate.

These commuters rely on excellent transport links, and the Slough region offers plenty of options.

Nestled right by the M4, M40, and M25, Slough is connected to hundreds of locations in the country.

The town also lies on the Great Western Mainline railway route with trains into London, the South West of England, and Wales.

In fact, London’s famous Paddington Station is less than 20 minutes away.

With all these established transport routes, it’s unsurprising that Slough was voted the 3rd most promising region in Europe for infrastructure by the European Cities and Regions of the Future report.

That’s not the only impressive accolade the town has, though. It was also voted the 2nd best location in all of Europe for connectivity.

It gets even better for Slough investment property, with tonnes of projects underway to bolster connectivity even further.

The previously mentioned Crossrail route development is set to connect the town to even more locations in the heart of London.

Slough is already just 18 minutes away from Central London and Heathrow.

With this new train route, 24 minutes have been shaved off the total travel time to Canary Wharf.

Not only this, a potential new railway called the Western Rail Approach To Heathrow Airport could reduce travel time to just six minutes.

For investors considering Slough buy to let and Slough property investment, it’s essential to understand the fundamental principles behind the area’s property market.

For those considering a Slough investment property, an important thing to know is that the town offers some of the property market’s most solid statistics.

Let’s start with house prices in Slough.

As of March 2023, Slough house prices are around £320,969 on average, according to the latest from the House Price Index.

This may seem relatively high, especially comparing it with other buy to let hotspots like Liverpool and Manchester, where average property prices fall below £250k.

The average UK property currently sits at a record high of £285,009, according to the House Price Index, meaning Slough is higher than that too.

However, in context, Slough house prices offer some of the best property value due to its proximity to the capital.

You can typically expect to pay a premium when purchasing a property in South East locations, but this value gets even higher when located near London.

Slough has the best connectivity in the South East, with access to London and Heathrow in a matter of minutes.

This makes the town and the price of property even greater.

Slough offers fantastic value, especially when comparing it to London property, with average values of nearly £1 million.

Due to Slough’s position and appeal for workers, anything significantly below London’s average property price could be considered an outstanding deal.

Another aspect growing for properties in Slough are rental values.

As it stands, the average rent is around £1,963, according to home.co.uk.

This is higher than the UK average calculated by Homelet, which sits at about £1,213.

While this is good news for investor pockets, these values are only set to increase over the coming years.

These excellent property values and sizable rental costs paint a perfect picture for rental yield.

Rental yield is often considered the most crucial aspect of property investment.

It calculates how much money you earn as a percentage of your initial investment through rental income.

Based on Zoopla’s latest data, you can expect the average property in Slough to generate yields of up to 6.09%.

These yields get even higher depending on what type of property you buy. For instance, one-bedroom flats will generate sizeable rental returns of 5.2%.

The year 2024 is set to be very fruitful for Slough property investment.

Check out our latest Slough property market report for more information about the Slough housing market.

If you’ve ever considered property investment, the chances are that London has entered your mind.

It seems like an obvious choice.

The capital has the largest economy in the UK, the largest population, and attracts considerable overseas investment.

However, when you look at the statistics, you’ll realise that buying an investment property in London isn’t all it may seem.

Those keen to appeal to London’s many young professional tenants would be wise to instead invest in Slough.

This way, investors can target those looking for more affordable rental accommodation within a commutable distance to the capital.

Here’s why:

• The average London asking price right now, according to Zoopla, stands at £967,009. That’s more than double Slough’s £338,469 average.
• London is expected to see property prices increase by around 12.4% by 2025. That’s lower than Slough, which expects 19.1% growth for the South East region.
• Recent statistics show that rent prices in London have dropped in value by a sizeable 4.5%, while Slough has seen rental growth rates upwards of 7%.
• The average rental yield in London is around 3.5%, while Slough yields are available at over 5%.

Looking at property prices, capital growth, and the rental market, it’s clear that property investment Slough is a more suitable option for those looking towards the future.

Also located in the North West, Liverpool is another great city for investors to consider.

Liverpool is a popular rental hotspot due to a large number of students and young professionals living in the city, which has put a focus on buy to let potential.

Like Manchester, house price growth in Liverpool is some of the very best in the country.

So how do statistics for Liverpool buy to let compare to Slough’s investment market?

• Zoopla states that the average asking price in Liverpool stands at £177,803 as of March 2023.
• Since Liverpool is based in the North West region, the city benefits from the expected 11.1% capital growth by 2027, significantly higher than Slough’s 3% prediction.
• According to the House Price Index, Liverpool property prices have increased by an average of 7.19% between March 2023 and March 2023. In Slough, a 5.57% increase was recorded during the same period.
• Liverpool has some of the best rental yields in the UK, with yields reaching highs of 10% in certain postcodes.

For those focusing on the best possible investment returns through rental yields and capital appreciation and a more affordable price tag, it seems that Liverpool buy to let is the better option.

A good option for those with a significant amount of money available to invest is to build a property portfolio by investing in a top buy to let city like Liverpool alongside making a Slough investment.

In the final chapter of our Slough buy to let guide, you will find the latest investment property for sale in Slough.

We will also summarise why you should consider investing in Slough and why you should invest with RWinvest.

Key topics:

• Why invest in Slough?
• Slough investment properties for sale
• Invest With RWinvest

Luxury Slough Development

Prices From £324,950

If you’re ready to make your mark on the Slough buy-to-let market, this luxury Slough development is not one to miss.

Located just 10 minutes walking distance from Slough train station, this property is ideal for commuters who want quick access to London without paying London rental costs.

As such, buyers can expect plenty of tenant demand from this stylish investment opportunity.

Each unit in this development features a spacious, modern design, and many apartments offer balconies and terraces.

Rental yields are available on request, and investors are encouraged to take a virtual tour of this development to truly understand the appeal of this Slough property investment opportunity.