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This is a residential development, completed in February 2022. It is the result of an ambitious scheme that has converted an existing commercial property into a modern mix of one-and-twobedroom apartments. The development is set in a quiet and leafy residential district in Bagshot, Surrey. It lies just 300m from the A322, and less than 900m from the nearest junction of the M3. This makes it an exceptionally convenient base for commuters: central London is less than 45km to the east, and many other employment hotspots are considerably closer still. Like many districts of Britain, Bagshot is characterized by an insufficient supply of good, modern homes, which means that local rental demand is robust and reliable.
The property is already over 75% tenanted and the developer will take responsibility for ensuring full occupancy. Consequently, as the newest and most striking development in the area, it promises low risk, dependable yields and excellent potential for continuing capital growth.
Bagshot is a small village in Surrey Heath, and part of the civil parish of Windlesham. It is situated on the edge of London’s protected greenbelt and, consequently, much of its surrounds are pleasantly undeveloped: farmland, a nature reserve, golf courses and open land owned by the Ministry of Defence. But despite its rural feel, the village makes an excellent base for workers in this, Britain’s most economically productive region. With London just a short way to the east, and with some of the country’s leading universities and research centers in convenient driving distance, Bagshot could hardly be better situated for tenants in working in highgrowth, higher-value industries. In addition, however, the village also affords excellent access to recreational spaces and facilities. Nearby are several golf and tennis clubs, a leisure center and a wealth of nature reserves, parks and outdoor activity centers.
Bagshot is not only geographically close to London and other important destinations; it also has well-developed transport infrastructure that makes travel quick, easy and accessible. For example, the nearest junction of the M3 is well under 500m from the property, so motorists have no trouble getting onto the local highway network. The M3 connects with London’s M25 ring-road just 11.5km away to the east. Meanwhile, the nearest junction of the M4, which runs between London and Bristol, lies just 15km to the northwest. Similarly, the village has its own railway station, which lies just 600m from the junction of Green Lane and Whitmoor Road. Consequently, passengers don’t have to travel to another village or town to make their rail connections; South Western Railway services are within easy walking distance. Even air travelers are well served here. Heathrow is located only 20km to the east but nearer still is Blackbushe Airport. This small provincial airport has facilities for helicopters and light aircraft, and is popular for private domestic transfers into central London, the Thames Valley and more widely across the south of England
• A new residential conversion scheme
• Completed: February 2022
• 79 apartments
• A mix of studios and one- and two-bedroom apartments
• Backed by a 10-year warranty
• 250-year leasehold
• £0 ground rent
• Prices from £190,000
Interested in this property? Enquiry today!
Key targets of the county council’s economic development strategy for 2030 include:
• +19% growth in GVA • Increase gigabit digital coverage to 40%
• 5% of active businesses to be high-growth businesses High-growth sectors include:
• Creative and digital
• Green/sustainable industries
• Health and life sciences
• Professional and business services
• Technology: electronics, space and satellite, telecom's etc.
Key drivers of local regeneration include:
• Surrey County Council’s capital and infrastructure programme (£1bn)
• New digital connectivity schemes (£171m)
• Highways revitalization schemes (£115m)
• Sustainable transport measures (£50m)
• Creation of new development sites and commercial estates
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