INV wookkinng ESTOR INSIGHT€¦ · Booming jobs market A host of huge employers - including...
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wo k i n g wo k i n g I NV ES T OR I N SI G H T leaders.co.uk Sources All statistics correct as of 02.09.16 Zoopla Rightmove Property Detective With a 984-lease, this one-bedroom luxury apartment is sure to deliver a great return on investment. Its contemporary interior and state-of-the-art design will appeal to a range of tenants, while its proximity to Woking station should attract professionals. An excellent monthly rent of £895 is predicted. £199,950 Guildford Road Apartment Properties such as this modern executive apartment in the heart of Woking are always popular with tenants, who are typically attracted to their high-quality interiors and desirable location. We would expect an apartment of this quality to achieve a rent of £1,050pcm and, subsequently, an excellent yield of 4.9 per cent. £257,500 Bramwell Place Apartment Just a short distance from Woking town centre, this three-bedroom house offers plenty of space and is ideally suited to families. Our local experts would expect significant interest from families and professionals looking to rent a home, helping an investor to achieve minimal voids and a monthly rent of £1,350. £365,000 Kingfield Road End of terrace house Town centre apartments The most popular investment properties in Woking are undoubtedly one and two-bedroom apartments in the town centre. A raft of new developments - including Centrium and New Central - has added stock to the market and demand from professional tenants is incredibly high. With more developments on the way and Woking becoming increasingly popular with both employees at local firms and London commuters, the shrewdest investment is a stylish town centre apartment. Green space Plenty of green spaces allow locals to easily escape urban life. Perhaps the best known is the beautiful Horsell Common, which is featured in HG Wells’ War of the Worlds Transport connections The A3, M3 and M25 are all within ten minutes of Woking town centre, while the train journey to central London takes just 24 minutes Booming jobs market A host of huge employers - including McLaren, Capgemini and Petrofac - are based in or close to Woking, providing fantastic employment opportunities to skilled professionals Average household income £47,000pa Key Local Employer McLaren £47k +23 % 3.75% Average capital growth Average yield Property type: Three-bedroom house Average rent Average sales value £1,550pcm £500,000 +25 % 5% Average capital growth Average yield Property type: Two-bedroom flat Average rent Average sales value £1,450pcm £350,000 +20 % 5.3% Average capital growth (Last 5 years) (Last 5 years) (Last 5 years) Average yield Property type: One-bedroom flat Average rent Average sales value £1,100pcm £250,000 Whether landlords are looking for a modern apartment in the town centre or a spacious house in a quiet village, the local market offers a chance to invest in any type of property. Woking is undergoing a £150 million regeneration, which began with the opening of the revamped Jubilee Square in 2012 and will continue to increase the town’s appeal. Woking’s proximity to London and excellent rail connections with the capital attract professional tenants to the town who are typically able to afford high rents for quality properties. Quality tenants Exciting regeneration A diverse market 4.4% 4.9% 5.4% Located in west Surrey, Woking offers a vibrant and modern town centre and easy access to London. With a raft of new developments taking place in recent years and plenty of high-quality housing available, it is popular with all types of people from young professionals to families and older couples. Direct rail links to central London, which is just 23 miles away, make Woking a haven for commuters. Its stylish shopping centre, a range of major local employers and a high number of open green spaces make it a pleasant place to live. High tenant demand and rising rental prices provide ample confidence to investors and confirm Woking’s status as a buy-to-let hotspot.
Transcript of INV wookkinng ESTOR INSIGHT€¦ · Booming jobs market A host of huge employers - including...
wokingwokingINVESTOR
INSIGHT
leaders.co.ukSources
All statistics correct as of 02.09.16ZooplaRightmoveProperty Detective
With a 984-lease, this one-bedroom luxury apartment is sure to deliver a great return on investment. Its contemporary interior and state-of-the-art design will appeal to a range of tenants, while its proximity to Woking station should attract professionals. An excellent monthly rent of £895 is predicted.
£199,950Guildford RoadApartment
Properties such as this modern executive apartment in the heart of Woking are always popular with tenants, who are typically attracted to their high-quality interiors and desirable location. We would expect an apartment of this quality to achieve a rent of £1,050pcm and, subsequently, an excellent yield of 4.9 per cent.
£257,500Bramwell PlaceApartment
Just a short distance from Woking town centre, this three-bedroom house o�ers plenty of space and is ideally suited to families. Our local experts would expect significant interest from families and professionals looking to rent a home, helping an investor to achieve minimal voids and a monthly rent of £1,350.
£365,000Kingfield RoadEnd of terrace house
Town centre apartments
The most popular investment properties in Woking are undoubtedly one and two-bedroom apartments in the town centre. A raft of new developments - including Centrium and New Central - has added stock to the market and demand from professional tenants is incredibly high. With more developments on the way and Woking becoming increasingly popular with both employees at local �rms and London commuters, the shrewdest investment is a stylish town centre apartment.
Green space Plenty of green spaces allow locals to easily escape urban life. Perhaps the best known is
the beautiful Horsell Common, which is featured in HG Wells’ War of the Worlds
Transport connections The A3, M3 and M25 are all within ten
minutes of Woking town centre, while the train journey to central London takes just
24 minutes
Booming jobs market A host of huge employers - including McLaren, Capgemini and Petrofac - are based in or close to Woking, providing fantastic employment opportunities to skilled professionals
Average household income£47,000pa
Key Local EmployerMcLaren
£47k
+23%
3.75%Average capital growth
Average yield
Property type: Three-bedroom house
Average rent Average sales value£1,550pcm £500,000
+25%
5%Average capital growth
Average yield
Property type: Two-bedroom flat
Average rent Average sales value£1,450pcm £350,000
+20%
5.3%Average capital growth
(Last 5 years) (Last 5 years) (Last 5 years)
Average yield
Property type: One-bedroom flat
Average rent Average sales value£1,100pcm £250,000
Whether landlords are looking for a modern apartment in the town centre or a spacious house in a quiet village, the local market o�ers a chance to invest in any type of property.
Woking is undergoing a £150 million regeneration, which began with the opening of the revamped Jubilee Square in 2012 and will continue to increase the town’s appeal.
Woking’s proximity to London and excellent rail connections with the capital attract professional tenants to the town who are typically able to a�ord high rents for quality properties.
Quality tenants Exciting regeneration A diverse market
4.4% 4.9% 5.4%
Located in west Surrey, Woking offers a vibrant and modern town centre and easy access to London. With a raft of new developments taking place in recent years and plenty of high-quality housing available, it is popular with all types of people from young professionals to families and older couples. Direct rail links to central London, which is just 23 miles away, make Woking a haven for commuters. Its stylish shopping centre, a range of major local employers and a high number of open green spaces make it a pleasant place to live. High tenant demand and rising rental prices provide ample confidence to investors and confirm Woking’s status as a buy-to-let hotspot.
