For first-time buyers and seasoned investors, there’s no better place to grow your portfolio than East London.
In fact, a recent poll from Simply Business shows 37% of landlords vote East London as the best place for buy-to-let property.
What makes East London a must-see for property investors?
One key factor is the active regeneration zones in key areas around East London.
Stratford, for example, enjoys a 4.5% rental yield, thanks to the regeneration efforts before the 2012 Olympics.
In Bow Creek, the average property price has increased by 49% over the last 6 years as per the Land Registry figures.
Additionally, regenerations over at Royal Docks, Silvertown Quays, and Queen Elizabeth Olympic Park are set to generate over 70,000 new jobs.
Leading universities will also bring a boost to the student population and rental demand in the region.
UCL will open a new campus at the Queen Elizabeth Olympic Park while The London College of Fashion will bring 5,500 students and over 500 staff members.
Another factor is the completion of the Elizabeth Line – a high-speed railway that runs through central and east London.
This service is capable of decongesting busy stations while cutting the journey time to the Capital in half. As the opening of this line drew closer, expect a rise in rental prices around the area.
These developments offer strong capital growth and long-term income opportunities for local and overseas investors.
And one of the most appealing properties right now is Three Waters from property developer Mount Anvil.
Waterside Lifestyle Combined With City-Centre Living
Three Waters is composed of three new buildings situated above the meeting point of the River Lea, Bow Creek, and the Limehouse Cut.
The development welcomes residents to a multitude of activities like kayaking and paddle boarding.
The nearby Lea River Park allows for weekend exploration including jogging and cycling.
Then there’s the Lee Valley Regional Park – UK’s largest urban park for 100 years. The park has playgrounds, gardens, and cycling trails for residents and tourists to enjoy.
Three Waters features an excellent network of connectivity to nearby stations.
The Tube and the Docklands Light Railway station are less than 10 minutes away from the property.
Commuters can reach Stratford in 5 minutes, the London City Airport in 19, and the City and nearby Canary Wharf in less than 15.
The famous Elizabeth Line is only 16 minutes away from the building. This service takes you to destinations around the City faster than before.
Bond Street, just 21 minutes away from Bromley-by-Bow Station, is famous for big brands, designer stores, art galleries, and antique dealers.
Further up north is King’s Cross and St. Pancras International which provide connections across London and direct trains to Europe.
Three Waters comes with a raised communal garden, roof terrace, and private balconies in all apartments. These facilities guarantee that all residents can enjoy a majestic view of the water and the City.
Residents will have access to a 24-hour concierge, a screening room, waterside cafes, cycle racks, and secured ground floor parking.
All apartments will benefit from a 10-year NHBC Buildmark Warranty.
This warranty protects landowners for 10 years against structural defects like roof and foundation failures.
The estimated completion date for Three Waters is on Q1 of 2022. But overseas buyers are now welcome to check out its available units as early as this year.
For further information please contact JLL International Residential directly at +65 6220 3888 or firstname.lastname@example.org
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