Mon, Oct 10, 2016

Real Estate & Property
Dubai roadshow to showcase Staines homes

A new residential development in a vibrant London commuter town will be showcased in Dubai next month to investors interested in the UK property market.

The London Square Staines-Upon-Thames development is being built by developer London Square and will comprise four 11-storey buildings with 65 private apartments.

It will be showcased by its agent Knight Frank Middle East at a roadshow at the Emirates Towers on November 4 and 5.  

London Square Staines Upon Thames is billed as an exciting new focal point of this busy Thames-side town, part of London’s expanding commuter belt. The development hosts a stunning new piazza, which creates an attractive and vibrant entrance to this highly desirable development. 

Its High Street location means that it is within easy walking distance of the Staines rail station, with its exceptional connectivity to Central London. Closer still are the many shops and restaurants that make the town a dynamic hub for living and enjoying life.

The development offers beautifully designed studio, one-, two- and three-bedroom apartments, complete with resident’s gym and concierge service. 

With prices starting at £340,000 ($421,400), GBP exchange rates at a record low and anticipated yields at 4.4 per cent a year and rising, the property represents a smart investment, according to Knight Frank. 

“London Square Staines Upon Thames is one of our most exciting projects,” says Victoria Garrett, Partner, Knight Frank. “Over the last 18 months, we’ve seen a growing appetite from our clients to find affordable investment projects in the UK. Staines Upon Thames is a hugely attractive proposition for those looking for a quality offering in a dynamic location that has a strong business base, fantastic shopping and leisure amenities plus great connectivity into Central London. For those looking to get a sure footing in the UK property market, this is a smart investment.”

Research from Knight Frank has revealed a chronic shortage of new homes in the UK, making commuter belt friendly areas, such as Staines Upon Thames, a highly sought after investment opportunity. This is supported by the UK’s Office of National Statistics recent findings that greater numbers are being attracted by greater internal and external spaces as key aspects of their purchasing decisions and this was most markedly found in areas such as the wider Staines Upon Thames and Spelthorne communities. 

Garrett added: “Staines Upon Thames offers a compelling combination of affordability and connectivity with a huge potential for excellent investment returns. We look forward to bringing this offer to the UAE market.”

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