We understand why some investors may be hesitant. Buying in a development where there are thousands of homes for sale might seem inimical to the laws of supply and demand. As a property investor you might worry about competition for tenants from other landlords and also potential resale prices if you want to sell. But the figures would suggest otherwise. Demand for rental properties in London is at an all-time high – London is now a majority city of renters,as opposed to owner occupiers. If anything, you’re likely to see a queue of potential tenants ready to view your property – in particular, a quality new-build that’s cheap to run like the EPC Rated B apartments at Hendon Waterside. So that argument doesn’t really stand up to the chronic dearth of supply of quality new build homes to rent in London.

In a study looking at the increases in pounds per square foot for four of London’s major residential regen schemes (all by Berkeley Homes) the price growth ranged from 29% to a whopping 62% over an eight-year period. The one that performed the best being Woodberry Down, which we think is very similar to Hendon Waterside. In another study of 11 schemes, CBRE found that regeneration programmes led to annual uplift of 3.6% over a nine-year period. A 62% rise over an eight-year-period is certainly not to be sniffed at!