GOLDFINCH APARTMENTS
HENDON WATERSIDE, LONDON
PRICES: 392,000-739,000
62 APARTMENTS OVER 8 FLOORS
MIX OF 1, 2 AND 3 BED APARTMENTS
10% DEPOSIT REQUIRED NOW
YIELD UP TO 6%
EXCLUSIVE RELEASE FROM BARRATT HOMES
UK investment property overview
Located in a major area of regeneration, Hendon Waterside is a new residential and award-winning community for North London; 2,000 homes across 30 acres. Regeneration zones like this one are noted for their huge impact on residential prices. According to recent research by CBRE, they attract an average price growth of 3.6% per year more than other properties. Hendon Waterside is a key part of the regeneration of West Hendon alongside neighbouring Brent Cross and Hampstead. Already 1,000 homes have been built. First wave investors in 2012 have seen their apartments increase in value by 132% over 10 years.
The Goldfinch Apartments are the latest release from Barratt. Prices start at £392,000 with only a 10% deposit needed to buy and exceptionally strong yields for London at 6%, presenting an incredible opportunity to buy in this new residential community. Hendon Waterside enjoys a broad tenant pool; young professionals, families attached by good local schools and also students with it being ideally commutable to London’s top universities
PROPERTY DETAILS
Q2 2024
10% on Exchange
90% on Completion
999- Year Leasehold (From 2012)
62
Completion Date:
Payment Plan:
Tenure:
Total No. of units:
UK PROPERTY FOR INVESTMENT: HENDON WATERSIDE, LONDON NW9
INCREDIBLE WATERSIDE LIVING - CERTAIN UNITS ENJOY UNOBSTRUCTED RESERVOIR VIEWS
THE APARTMENT BUILDING IS A 2-MINUTE WALK TO THE WATERSIDE FOOTPATHS LAKESIDE LIVING WITHIN CENTRAL LONDON!
HIGHLY RENTABLE APARTMENTS WITH YIELDS UP TO 6%
1 BEDS FROM £392,000
Apartments are highly rentable and EPC Rated B
LOCATION
What makes this development so special is that it fronts a natural reservoir – both a Site of Special Scientific Interest and a local nature reserve, quite remarkable in a city of London's size. There are 170 hectares of open water surrounded by footpaths, trails, and woods, home to several local sailing clubs and other water sports. Hendon Station is only a five-minute walk, from which St Pancras International Station is a 16min commute, whilst Hendon Central Underground is a 16 min walk, granting access to the Northern Line – now directly connected to the new Battersea Power Station. For car owners, its appeal is further cemented by the fact you can be on the M1 heading north out of town in a matter of minutes.
NW9 is a popular postcode, not only with young professionals for its less than 30-minute commute to the heart of The City and Central London but also for young families seeking to capitalise on the neighbourhood's excellent primary and secondary schools. Following the post-Covid shift in lifestyles, this location ticks all the boxes – easy access to acres of greenspace whilst being a short commute to key locations in Central London and The City.
Brent Cross shopping centre is another draw – a major retail and leisure destination and one of London's most popular malls with a Waitrose, John Lewis, Fenwick's, and other favoured high street brands and restaurants.
TAKE A WALK
Reservoir & footpaths
Hendon Station
Hendon Underground
Brent Cross Shopping Centre
• 2 minutes -
• 15 minutes -
• 16 minutes-
• 18 minutes-
RIDE THE TRAIN
Brent Cross
West Hampstead
St Pancras International
Leicester Square
Bank (underground)
London Bridge (underground)
• 6 minutes-
• 8 minutes-
• 16 minutes-
• 24 minutes-
• 27 minutes-
• 29 minutes-
DISCOVER LIFE AT HENDON WATERSIDE
ENQUIRE NOW
Since the beginning of 2023, London prices have bucked the UK’s overall housing price trend, and the average asking price has risen by 2% (Jan-May) compared to the UK average of +0.8%.
London agents are reporting that achieved asking prices are up on 2022 levels – and those of 2019 with a 3% uplift in viewings in February. Demand is strong indeed – and it is this high demand which is keeping prices not only stable – but sending them upwards.
Areas of regeneration, specifically in London, offer great value for investors. Between 2011-2022 investors saw their apartments at Hendon Waterside increase in value by 132%. CBRE have estimated a 3.6% annual uplift to apartments within major schemes of regeneration.
There has never been a better time to be a London landlord; the UK capital is experiencing record rental growth- 142% higher than the UK 5-year average (the highest since 1979) and a shortage of supply when it comes to quality new build homes has resulted in the supply pipeline being down 47% on 2022 level.
Why invest in London?
London: A solid investment for buy to let property