8

Forecast Yield

2019

Ready Q1

280000

Prices From

CONTEMPORARY LUXURY APARTMENTS IN BRENTFORD WEST LONDON

Iconblu Brentford London

The development will offer 271 studio to two-bedroom apartments, each with a dedicated underground parking space, a rare feature for properties in London.

The apartment buildings being converted were previously the offices for Sky TV and the site retains direct access to the Sky complex and studios. The properties will be finished to a high standard and benefit from essential facilities including an on-site porter / concierge, 24-hour security and CCTV as well as a resident’s gym. IconBlu will offer an excellent rental investment with strong projected yields.

Development Facilities:

  • Dedicated Residents Gym
  • Secure Underground Parking
  • 24-Hour Security and CCTV
  • Communal Gardens
  • IconBlu Porter and Concierge
  • BluLiving App

THE DEVELOPMENT AT A GLANCE

• 271 studio to two bedroom apartments
• Refurbishment of old Sky offices
• Interior designed modern style
• Located at the Heart of London’s Golden Mile
• Allocated underground parking
• Dedicated 12-hour porter / concierge
• Outdoor pavilion at the heart of the development
• 24-hour security and CCTV
• Residents Gym
• Nearest Station Syon Lane just 10 minutes’ walk
• Launching in Spring / Summer 2018
• Central London in under 35 minutes.

EXCELLENT VALUE INVESTMENT

• Prices from £273,000 – substantially below market value.
• House Prices have increased by almost 150% in Hounslow in the 10 years to 2018.
• Regeneration of the area will likely generate further house price growth.

RENTAL MARKET

• Typical weekly rental in the Brentford area is £439 per week (£22,828 per annum)
• Large businesses in Brentford and its surrounds create rental demand
• Strong rental yields expected exceeding 8%

BRENTFORD REGENERATION
The waterfront of Brentford is being regenerated to create a new retail and leisure centre which will transform the area. Other existing shopping areas will be upgraded and revitalised. A £5.45m new marina is also being implemented at the waterfront. The New Brentford Community Stadium near Kew Bridge is under development and will complete during 2019.

INCREASING POPULATION
There are plans to build create 300 residential units per annum in Brentford between now and 2030 to meet the growing population. Hounslow is one of the most rapidly growing boroughs in London with its population expected to reach 291,000 by 2021, a growth of a little over 6% in a five-year period.

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LOCATION

WHY BRENTFORD? Brentford is at the heart of the Golden Mile and provides access to central London in under 35 minutes. It is located in Hounslow, one of the fastest growing boroughs in the country. Brentford is being regenerated with plans in place to upgrade the high street, the existing shopping areas and the sports stadium as well as providing a new marina at the waterfront. These enhancements will make Brentford more desirable.

There are major transport enhancements planned which will drastically increase direct access to Brentford and Syon Lane by public transport. Brentford borders the Great West Corridor and the Golden Mile. Substantial regeneration and planned improvements for the Great West Corridor will see an increase in local employment expanding the workforce by 14,000. There is also substantial demand for private rental accommodation in the borough, underpinning a buoyant rental market and competitive rental rates.

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