Dubai – MEN Herald: Knight Frank Middle East, the leading independent property consultancy, today announced the launch of new property development, London Square Staines-Upon-Thames. The development, available exclusively through Knight Frank, will be showcased at an exclusive roadshow at Emirates Towers, Dubai, between 4th-5th November.
London Square Staines Upon Thames is the exciting new focal point of this busy, vibrant Thames-side town, part of London’s expanding commuter belt. The development hosts a stunning new piazza, which creates an attractive and vibrant entrance to this highly desirable development. Its High Street location means that it is within easy walking distance of Staines’ British Rail station, with its exceptional connectivity to Central London. Closer still are the many shops and restaurants that make Staines upon Thames such a dynamic hub for living and enjoying life.
The development offers beautifully designed studio, 1, 2 and 3 bedroom apartments, complete with resident’s gym and concierge service, making this an attractive prospect for professionals and returning UK expats. With prices starting at £340,000; GBP exchange rates at a record low and anticipated yields at 4.4% p.a. and rising, London Square Staines Upon Thames represents a smart investment.
Victoria Garrett, Partner, Knight Frank said; “London Square Staines Upon Thames is one of our most exciting projects. Over the last 18 months, we’ve seen a growing appetite from our clients to find affordable investment projects in the UK.
Staines Upon Thames is a hugely attractive proposition for those looking for a quality offering in a dynamic location that has a strong business base, fantastic shopping and leisure amenities plus great connectivity into Central London. For those looking to get a sure footing in the UK property market, this is a smart investment.”
Research1 from Knight Frank has revealed a chronic shortage of new homes in the UK, making commuter belt friendly areas, such as Staines Upon Thames, a highly sought after investment opportunity. This is supported by the UK’s Office of National Statistics recent findings that greater numbers are being attracted by greater internal and external spaces as key aspects of their purchasing decisions and this was most markedly found in areas such as the wider Staines Upon Thames and Spelthorne communities. Data suggests this is already occurring – nearly two thirds (60%) of residents moving to the area were from London in 2015, up from 53% in 2013.
Victoria Garrett, Partner, Knight Frank added: “Staines Upon Thames offers a compelling combination of affordability and connectivity with a huge potential for excellent investment returns. We look forward to bringing this offer to the UAE market.”