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Knight Frank to unveil new London property

DUBAI, October 10, 2016

Knight Frank Middle East, the leading independent property consultancy, is set to launch a new property development in the UK - London Square Staines-Upon-Thames - to regional investors at a key event in Dubai next month.

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.

London Square Staines-Upon-Thames, available exclusively through Knight Frank, will be showcased at the Emirates Towers, Dubai, from November 4 to 5.  

The development offers beautifully designed studio, one-, two- and three-bedroom apartments, complete with resident’s gym and concierge service, making this an attractive prospect for professionals and returning UK expats, said the property expert.

With prices starting at £340,000 ($445,485); pound exchange rates at a record low and anticipated yields at 4.4 per cent per annum and rising, London Square Staines Upon Thames represents a smart investment, it added.

Victoria Garrett, the partner at 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."

"It 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," she added.

A Knight Frank research 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 per cent) of residents moving to the area were from London in 2015, up from 53 per cent in 2013, said Garrett, citing the findings.

“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,” she added.-TradeArabia News Service




Tags: property | London | Knight Frank |

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