Invest before the rest in Boris’ Barnet

The North London Borough of Barnet is set to undergo dramatic transformation in what will be London’s largest regeneration scheme now that Boris Johnson has been elected Mayor, making it an ideal investment opportunity for savvy investors and would be home-buyers.

In the run up to the Mayoral elections Boris Johnson visited Barnet on three separate occasions as part of his election campaign and now that he has been elected Mayor, he has vowed that he will return to the area “all the time” to strongly focus his sights on transforming the suburb.

North London has officially been recognised as one of the Mayor’s key growth areas and is set to be rejuvenated with a strong focus being placed on the Borough of Barnet. £4 billion will be invested into the regeneration scheme of the Borough with a vision to “create a new gateway for London and a vibrant urban area in Barnet.” (barnet.gov.uk)

The plans include the creation of a whole new town centre based around Cricklewood and Brent Cross include the creation of 27,000 jobs, 7,500 homes, three schools, new health facilities, high quality parks and open spaces, and a substantial investment in improving local transport. The regeneration of the area will produce a positive ripple effect out towards the surrounding areas of the Borough as well as for businesses and residents alike.

Mark Vaughan, Sales and Marketing Director for Notting Hill London, a developer marketing in the area comments: “As Barnet begins to hit the spotlight with its regeneration initiative, savvy investors and purchasers are beginning to take note of commuter hotspot recognising it as an ideal location to invest in.”

Barnet is an extremely desirable location for young professionals as it offers residents commutable distances into Central London and an improved quality of life on North London’s leafy borders, yet on the most part, its prices are usually out of reach for first time buyers. However thanks to Notting Hill London, the private sales division of Notting Hill Housing Group, help is at hand with New Barnet Green, a 21 two-bedroom apartment scheme in New Barnet, ideal for everyday Londoners. Apartment prices start at a very affordable £272,500 - offering exceptional value for money. Purchasing at the development is a much more realistic option for many purchasers looking to make their mark on the property ladder while being able to benefit from the regeneration of the area and the investment potential it is expected to bring.

The launch of New Barnet Green was a great success as it experienced unprecedented market-beating activity, in its first seven weeks of being on the market with over half the development being sold. With the great response to New Barnet Green Notting Hill London has continued to expand its presence in Barnet and it is set to launch a further two residential schemes later this year. The developments known as Oaktree and Broadfields, comprise seven and 24 apartments respectively, both perfect for those seeking value for money, modern and practical living.

Prices for the two-bedroom apartments at New Barnet Green, which are offered with new 125-year leases and 10 year NHBC cover, start from £272,500 inclusive of car parking. For sales information an early visit to the sales and marketing suite is recommended which is open every week until further notice from Thursday to Monday, or visit Newbarnetgreen.co.uk.