With abundant cultural attractions and fast connections to London’s CBD and world-class schools, Wembley is set to reap huge benefits from a host of dynamic developments earmarked for the district.
With savings interest rates at an all-time low, investors in Hong Kong are looking further afield for ways to grow their funds. London’s leading regeneration areas are garnering the most interest, as the properties in these districts offer long-term capital growth, plus a reliable, high-yield income for those intending for buy-to-let.
A thriving regeneration area in North West London, Wembley in the Borough of Brent is targeted by the largest long-term area investment plan in the UK, with £2.5 billion of regeneration input. The Wembley Masterplan, backed by Brent Council, will inject new life into the area, generating 11,500 new homes, 10,000 new full-time jobs, and 10,700 square meters of office space, alongside 42 acres of public realm and gardens. The vibrant district is expected to attract 16.4 million visitors a year.
Also designated as the ‘Borough of Culture 2020’, Wembley is notably home to one of the world’s most iconic stadiums that host first-class football and music entertainment. Coupled with the multi-billion-pound scheme, Wembley is well-placed to become a beehive of action in the capital.
Vibrant abodes in the heart of Wembley
Barratt London, a leading residential developer with over 30 years of experience in the capital, is seizing the opportunities provided by the rapid growth. Its new development No.10 Watkin Road in Wembley consists of 229 new one, two and three-bedroom apartments. With a neighbouring Barratt London development achieving 8 per cent capital growth over just two years, the new project’s rental yield is expected to exceed 4.4 per cent.
Wembley is home to three stations in total, including Wembley Central, served by the Bakerloo Line and London Overground, and Wembley Stadium Station on the Chiltern Mainline. No.10 Watkin Road enjoys a plethora of options from this comprehensive network, as it is only a five-minute walk from Wembley Park Underground Station, operated by the Jubilee and Metropolitan lines and a number of bus routes. The project is less than a 10-minute drive away from the North Circular, providing prompt access to central London and beyond.
The excellent connectivity puts some of the capital’s leading universities – including UCL, Kings, Imperial and LSE – within a 40-minute radius of the development. It’s especially ideal for parents aspiring to purchase a property for a child who will be studying in the UK. Within walking distance from the development are also six schools officially rated as ‘Outstanding’ by the UK government.
The neighbourhood itself supports an all-rounded lifestyle. A new public park and a shopping street are underway to run parallel to the nearby road Olympic Way, where the prestigious London Designer Shopping Outlet and Boxpark – the innovative street food and live events centre – are within easy reach. For the outdoorsy types, the adjacent 103-hectare Fryent Country Park and Brent Reservoir are excellent playgrounds.
Inside the units, every apartment is furnished with its own private balcony or terrace. The development is well-equipped with five differently themed roof-top podium spaces, including play areas for children, a dedicated socialising area, as well as a health and wellness-focused level with a mix of durable surfaces and amenities.
“These beautifully finished apartments represent a golden opportunity to invest in a regeneration area set to become one of the most vibrant and bustling parts of London,” says Pam Reardon, Sales and Marketing Director at Barratt East London. “From watching the England national football team play on their home ground to catching a concert at Wembley Arena, and eating your way around the world at Boxpark, there will never be a dull moment for residents at No.10 Watkin Road.”
Properties at No.10 Watkin Road start from £380,000 for one-bedroom apartment in the 24-storey building.
No.10 Watkin Road, London
Address: 10 Watkin Road, Wembley, London, HA9 0NL
Layouts: 1, 2 & 3 bedroom apartments
Developer: Barratt London
