Investment properties close to the Olympics
Last week marked the one-year countdown to the 2012 London Olympics and whilst excitement builds for the competition to begin, the property markets in areas surrounding the sites are enjoying a boost in interest from a wide range of buyers wanting a new pad close to the action. With research having shown that rents are expected to rise as much as 200 – 250% in the surrounding areas as a result of the 2012 Games, the time is now for savvy house hunters to cash in and buy a home-to-let as an investment. City & Country Group have a range of luxury homes available at The Galleries in Brentwood, Essex perfect for potential investors, with the popular development just a 35-minute train journey from Stratford’s Olympic Park.
The distinctive Grade II Listed Victorian buildings at The Galleries have been converted into a collection of 250 high quality apartments and unique homes, and provide easy access to the majority of next years’ Olympic events. Whilst the central hub of the Games, the Olympic Park, is on a direct train line from nearby Brentwood Station, the Hadleigh Farm Mountain Bike track is a 30 minute drive east of the development, and the Lee Valley White Water Centre, which will be hosting the Canoe Slalom, is just 17 miles north in Hertfordshire.
David Walker, Head of Sales and Marketing at City & Country Residential, comments: “The build-up to the Olympics is an exciting time for London and its neighbouring counties, and The Galleries is ideally situated to make the most of this event. Offering easy access to both the central Stratford site and other events in the northeast of the capital, these homes are nestled in an area of widespread regeneration and are set to benefit from the impressive legacy of sporting facilities, leisure areas, and improved infrastructure that the Olympics will leave behind.”
David continues: “With the volatile housing market making it hard to predict where the next up-and-coming areas will be, the regions surrounding the Olympic sites offer a safe bet and an incredible opportunity for budding investors to take advantage of the international focus on the area and buy for investment purposes.”
The stunning homes on sale at The Galleries boast an abundance of traditional architectural features set amidst the very best of contemporary interior design. These unique homes feature a selection of individually designed luxury kitchens with a mixture of finishes to suit, and bathrooms with white sanitaryware and chrome fittings. Top quality flooring has been provided throughout the properties, including 100% wool carpets, ceramic floor tiles and either engineered oak boards or restored original floorboards and parquet.
Aside from being so close to the Olympics sites, The Galleries is conveniently located on the outskirts of the bustling town of Brentwood, in Essex, offering a quiet oasis close to the diverse selection of restaurants, bars, nightclubs and shops on the high street, as well as the 400-acre country forest at the edge of the town.
Prices at The Galleries start at £225,000 for a one bedroom apartment, £295,000 for a two bedroom apartment and £375,000 for a two bedroom house. For further information or to arrange a viewing, visit the-galleries.net.
