Slough INVESTOR GUIDE
Slough . INTRODUCTION TO
RESIDENTIAL
LIVING
Slough is a London commuter town situated on the western fringes of London and a stone’s throw from Windsor Castle and Heathrow Airport. The much anticipated Crossrail, which connects London from east to west, will open in December 2019, slashing commuter times with its ultra-modern fleet of new trains. Slough is able to offer London workers affordable and aspirational homes to rent or buy in a location that is convenient for international and regional travel. With over 70 parks and outdoor spaces, prestigious golf clubs and the beauty of nearby Windsor town, it also appeals to those who enjoy the quintessentially English countryside. Slough is also home to one of the UK’s largest employment hubs, the Slough Trading Estate, with 400 international businesses - including the likes of Ferrari and GoDaddy - employing 20,000 people. Employment opportunities are booming in Slough making it an ideal property investment destination for those looking for reliable tenants, growing rental income and capital appreciation.
AFFORDABILITY
Property in Slough is over 40% cheaper than in London
QUALITY
New developments such as Aspire are being built to the highest standards of quality, design and comfort
3
Slough is in the top 3 commuter hotspots in the UK (Jackson Stops)
NO.1
H O U S E P R I C E G R O W T H I N S LO U G H
29%
January 2017 October 2018. (Home.co.uk)
5%
+35%
*Glassdoor
Rental Yields
17
P R E D I C T E D P R I C E G R O W T H I N S LO U G H 2015 to 2020 (JLL)
Voted ‘Best Place to Live and Work in the UK two years running*
46%
of Slough homes are let to tenants who have moved from London
Slough residents can commute to London Paddington in just 17 minutes
London. PRICES IN
A R E C R E AT I N G C O M M U T E R T O W N
OPPORTUNITIES
London Mayor’s Housing target is 65,000 new units per year, but London is developing under half of that. This is placing upward pricing pressures on London’s housing stocks, making homes unaffordable to buy or rent for many people who work and live in London. Slough is only 17 minutes by train to London Paddington, and the new Crossrail train service will dramatically shorten commuter times to major London employment hubs such as Canary Wharf. A new rail link will also cut journey times to just six minutes between Slough and Heathrow airport.
70
Number of London homes needed per year (000s)
60
50
40
30
20
10
0 2013/14
2014/15
Number Built
2015/16
2016/17
Number Required
Crossrail 2019
Slough’s Crossrail station will open in December
4
Four trains per hour from Slough serving central London and beyond, direct
6
Six trains per hour at peak times
32
Slough to Bond Street in 32 minutes direct
38
Slough to Liverpool Street station in 38 minutes direct
46
Slough to Canary Wharf in 46 minutes direct
1.5 million
An extra 1.5 million people will now live within 45 minutes of central London
66%
The price of real estate within a mile of stations along Crossrail has already risen by 66% since 2009, 15% more than the rest of London.
ÂŁ42bn
Economic benefit to the UK economy
Economic.
SLOUGH’S KEY
ZONE AND MAJOR EMPLOYMENT HUB
C O M PA N I E S B A S E D I N T H E S LO U G H T R A D I N G E S TAT E
The Slough Trading Estate is a key hub of employment and economic activity, west of London and near to the UK’s largest airport, Heathrow. It is the largest trading estate under single ownership in Europe. It prides itself on supplying its own environmentally-friendly electricity via a power station fuelled by woodchip and biomass. The Slough Trading Estate also benefits from having its own reservoir that is replenished by the site’s water wells.
400
Over 400 international businesses based here
20,000
Over 20,000 people are employed at the site
7.5 million
The trading estate’s size in square feet
1
The world’s first trading estate
1
The world’s first Mars bar made here
3 million
The number of Mars bars manufactured here daily
media a RECREATED LOGO
Growth.
R E - G E N E R AT I O N A N D
Slough is undergoing a massive regeneration programme led by Slough Urban Renewal (SUR) who are driving regeneration across the town through a broad range of leisure, housing, community and school projects. The Curve is an award winning cultural centre that opened in 2016 as part of a new creative and technology hub. The Centre, featuring two swimming pools, a state of the art gym and leisure centre opened in March 2019.
4,600
Businesses in Slough
87,000
3
ADIA is the world’s third largest sovereign fund who are investing heavily into the redevelopment of Slough
Jobs in Slough
ÂŁ1 billion
Town centre urban renewal
660,000 sq ft
Redevelopment of two town centre shopping centres delivered by ADIA
2
SUR are building two new Marriott hotels in Slough
INTERIORS
*CGIs and photography have been used for illustrative purposes only and are not a direct endorsement of any brands shown
*CGIs and photography have been used for illustrative purposes only and are not a direct endorsement of any brands shown