Q3 Residences London Heathrow
Q3 Residences London, Mondial Way, Heathrow Q3 Residences are an exciting new renovation project. Converting an existing office building into studio and 1 bedroom residential apartments. The location is close by the new London Crossrail network, allowing quick and easy access to central London. Q3 Mondial Way, will comprise of 42 apartments across 3 floors, with secure underground parking. The Crossrail network is a considerable infrastructure upgrade, which will shorten journey times into central areas, improving accessibility is predicted to cause significant growth in the property values in the nearby areas, making Q3 Residences a great capital growth opportunity. Greater London and commuter belt zones, are quickly becoming more and more popular zones for investment, and are expected to continue to be a promising investment markets for 2017 and 2018. In a growing city where the supply of new housing is struggling to meet demand, we’re pleased to present Q3 Residences Lonond Heathrow – a much sought after residential development just minutes away from central London.
Q3 Residences Overview
- 407 – 534 square feet
- Studio and 1 Bedroom apartments
- Up to 75% LTV
- Estimated completion: Q4 2017
- 150 year leasehold title
- Rental yield up to 6%
- Furniture Packs Available
- Parking Space included worth £25,000
Q3 Heathrow Demand & Outlook
There is strong demand for high quality rental accommodation in the area, due to large numbers of airport workers and London commuters nearby. The new Crossrail, Elizabeth Line, is due for completion in 2018/19. Once open, journey times into central London will be significantly reduced, within 23 minutes, which will have a huge boost to the popularity of the area as a commuter belt, and should rive property prices in the development. According to real estate analysts JLL, the new Crossrail will see a 38% price growth by 2020.
Why invest in Q3 Residences?
People: The population of London grew at twice the rate of the UK as a whole between 2011 and 2015, and could reach almost 10 million by the middle of next decade, official figures show. Supply: Current construction pipeline is providing less than half of the required new units Yields: Anticipated 6% rental yields Growth: Prices forecast to rise 38% over the next 3 years London Appeals to investors is explained by a combination of factors. Its economic performance and stability, growing population and shortage of available property. Furthermore, it’s part of Europe’s largest infrastructure project, 118km train link, the Cross Rail network estimated to For any further information on Buy to Let Properties drop us an email at info@hanoversquarerealestate.com
