London development set to profit from Westfield mall – invest from £332k

Investment Details
Price: £332,000

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According to Rightmove, the year that London’s first Westfield opened in White City, prices in the local area rose by 4 times the London average!

A similar effect was also seen in Newham with the opening of London’s second Westfield, and now it’s Croydon’s turn.

  • Luxury redevelopment in hugely strategic location, just 3 mins walk from upcoming Westfield Shopping Mall and from East Croydon station
  • £1.5 billion Westfield scheme to commence this year and complete in 2019, set to dramatically impact property prices
  • Croydon set to become London’s biggest growth centre with £3.5 billion inward investment
  • South London’s economic powerhouse, home to 12,000 businesses
  • 29.9% population growth forecast between 2011 and 2021
  • Average Croydon property value up 11.1% in the year to Q3 2015
  • 20 trains per hour to central London, 7 to Gatwick airport
  • 14 mins to Gatwick Airport, 18 mins to the City of London

Investment snapshot

  • 1 bed units from £332,000
  • 2 bed units from £439,000
  • Only 15% down before completion – invest from only £49,800
  • Completion Q1 2017
  • Rental yields up to 4.69%
  • Very limited private parking spaces available for purchase
  • Finance available up to 70% LTV

Croydon currently ticks all the boxes for inward investment, making this a key opportunity for investors.

Likened to Stratford pre-Olympics, this is a fantastic opportunity to buy for a very competitive price in an accelerated growth part of London.

Contact us today to find out what we can offer you.