A one-stop shop for investors at Wembley City
Investors looking for a high-yielding asset but not wanting to take part in active management are being attracted to the brand new Wembley City development, where developers Quintain Estates and Developments plc offer a complete one-stop shop service for its investors.
This service helps minimise void periods, maximise rental returns and safeguard the property values for investors, the scheme is generating a 7% yield, so is proving very popular with the savvy investor.
Quintain, one of the UK’s leading property investment and development companies, has teams of sales, lettings and estate management specialists on site at its Wembley City development to enable it to provide a dedicated 360-degree service: the sales team facilitates a smooth purchase; the lettings team can arrange all aspects of the lettings process from organising and supervising viewings through to key handover and rent collection; and the estate management team, which includes the only 24-hour concierge service in Brent, ensures that the order and integrity of the development is maintained.
Located next to the iconic Wembley Stadium in northwest London, in one of the capital’s most exciting new districts, Wembley City has proven popular with professional tenants who are drawn to the highly specified, future-proofed apartments and the good transport links. This popularity has seen high levels of interest from investors who are attracted by favourable rental conditions and the long-term potential of the site, which is one of Europe’s largest regeneration schemes.
Paul Hogarth, Residential Sales and Marketing at Quintain comments: ‘’The modern investor is just too busy to worry about the day to day running of their portfolio. They want to know their property is generating maximum return, is being well looked after and is located on a scheme with above average equity growth. They have the reassurance at Wembley City that their investment is being professionally managed and they are happy to let the Quintain team do the hard work for them.’’
There is currently a selection of studio, one and two bedroom apartments available at Wembley City, with prices starting from £172,000. In an innovative move, Quintain has committed itself to future-proofing the apartments at Wembley City. This means that all homes have access to a 100mb broadband connection, the fastest residential broadband in Europe, and the UK’s first Envac waste system, which transports waste quickly and hygienically through a series of underground vacuum pipes - reducing lorry miles by 90% and saving 400 tonnes of CO2 a year.
To give tenants security and peace of mind, each apartment at Wembley City is provided with a digital video/audio entry-phone system and the main entrance doors can only be entered using a fob. The development also offers secure underground parking covered by CCTV and the only 24-hour concierge service in Wembley.
With superb transport links into central London via the Metropolitan (13 minutes), Bakerloo and Jubilee tube lines - in addition to the overland line from Wembley Stadium, motorway links and fast-track bus routes - Wembley City has proved especially popular with young professional tenants looking for a well-connected London base.
