Why invest in property in West Drayton area? If you're currently considering relocating to the West Drayton area of Berkshire for commercial or residential reasons, then you'll be wanting to get the best advice from any one of the commercial estate agents in Berkshire area. Here are three good reasons why investing in property is a good thing for you, your life and potentially your bank balance:
Crossrail investment Commercial and residential estate agents in Windsor, Slough and West Drayton are fully aware of the massive investment coming to the West Drayton area. The Crossrail station for West Drayton is due to open in 2019, meaning that rail journey times into Central London will decrease. That, in turn, will have a positive effect on the region's GDP as more business and residential property investors seek to get a foothold in the area. The new high-speed railway link running from Reading to Brentwood will also increase train capacity by 10 percent, offering better links into the area.
Journey times from West Drayton to Bond Street will be reduced by 16 minutes and the journey to Canary Wharf by as much as 20 minutes. Property prices It has been acknowledged West Drayton’s average property prices could well see an uplift of nearly 48 percent when the Crossrail line comes into effect. Commercial and residential property prices have been traditionally lower in West Drayton than in other neighbouring areas. With it offering value for money, the addition of the Crossrail potential will undoubtedly offer excellent capital growth in the West Drayton region.
Potential business boom Compelling evidence is coming forward that the region which includes West Drayton will become a hub for employment opportunities. The area has some major employers, including more than 2,500 employees at Hillingdon Hospital; thousands of workers at the Stockley Business Park, which hosts blue chip companies, such as GlaxoSmithKline. These high-quality companies draw in professionals to the area and, in turn, drives up the demand for residential property. West Drayton is also just a few miles from Heathrow Airport, which accounts for more than 70,000 people working directly or indirectly. With Heathrow bidding to cater for a new runway, the numbers of jobs could nearly double. So the argument as to whether West Drayton has decent investment potential for commercial or residential purposes are quite clear. You'll find that commercial estate agents in Windsor, Slough and West Drayton are now gearing up with investment opportunities expected to come filtering through from the New Year onwards.
Oakwood Estates is well known Estate Agents in West Drayton and are responsible for the highest amount of completed sales within the area since 2010. If you are looking for any property in West Drayton, West Drayton Estate Agency sales team will help you and if you wish to discuss anything related to properties, please do not hesitate to give us a call on 01895 540027 or you can also contact us here..