4 reasons to invest in Slough
1.The Slough Economy
For any town to operate successfully it needs a great economy and for Slough thatās no different. Even though from Slough you have easy access into London the Slough economy stands up strong. Year on year people are attracted to living and working in Slough with the population increasing by 15% over that past 10 years and thereās a few clear reasons why. Slough is home to the largest concentration of global headquarters outside of the capital and with this the Slough unemployment rate is a third of the UK national average. There are also some huge global and national business chains located on Slough Trading Estate such as, Amazon, O2 and Mars and in fact Slough Trading Estate is the largest business park in Europe and employs over 20,000 across 500 companies.
2.The regeneration in Slough
Slough has become a hotspot for regeneration and this regeneration has increased both the quality of transport links but also the quality of life for the residents. Itās safe to say that anywhere that has a planed regeneration attracts the interest of investors as any regeneration normally leads to an increase in property value and rental yield. Slough Borough Council are undergoing many different regeneration projects and Iām sure if you fast forward 10 years the town centre and surrounding areas will be unrecognisable.
3. Sloughs transport links
Regeneration and transport links normally go hand in hand for investors. Good links into London and other travel hotspots are normally high on an investors āwantā list. Slough benefits from excellent train links into London as well as being close to the M4 and M25 and easy access to the M3 and M40. Around 48,000 workers commute from Slough every day meaning transport links are very important for residents.
4 .The growing Slough Property Market
Most investors will naturally try and avoid higher than average market places as the yields arenāt as strong. When it comes to Slough there is clear expected growth in house prices over the coming years meaning any investment in Slough should lead to capital appreciation.
Slough house prices offer some of the best value for money due to its close proximity to London. You would expect to pay a premium on any property you purchase in the South East and the closer you get to London the higher this premium normally is. Slough has one of the greatest connectivity in the South East to London and also to Heathrow airport.
If you're thinking of investing in Slough or would like to speak to a experienced and local agent, get in contact with myself on the details below.
07576 459955