Colindale has been identified as one of the opportunity areas in the Mayor of London's regeneration plan. According to the london.gov.uk website, Opportunity Areas are London's major source of brownfield land with significant capacity for new housing, commercial and other development linked to existing or potential improvements to public transport accessibility.
Colindale is in Zone 4, and the Tube station is on the Northern Line.
Transport links:
Colindale to King's Cross - 25 minutes
Colindale to Bank - 33 minutes
Let's take a look at the Google Map. Centre of the snapshot is Colindale. The area looks residential. Now, can you see the land being cleared for construction immediately to the left of the station? The plot looks to be of substantial size. What could it be? So, let us investigate further.
The answer? A development called the Pulse by Fairview New Homes Ltd. Click here for the development's website. (http://pulse-apartments.co.uk/) Fairview is a relatively large UK developer.
While we have not bought from them before, I am certain they will build homes that comply to all relevant legislation and be of acceptable built quality.
Pricing?
The development was launched a while ago. Right now, the cheapest one bed is priced at £260,000 in Block Q. The 2 bedders are starting at £313,000. It looks like they have another phase (Block P) which should be launching soon. Well, at least it is bite-sized, in terms of investment sums.
Their website contains a ton of information about the development and the local area, so I shall leave interested parties to view their website.
Buying Without Developer Coming to Singapore
As I said before, I am no sales agent. However, in the spirit of sharing information, this is one example of a decent-looking development that we can have access to, even though the developer did not come to Singapore.
Happy Investing!
Important Disclaimer - . The views contained in this blog and blog post are entirely mine. We cannot be made responsible for any investment decisions you may, or may not, take. Nothing in this blog can be construed as professional investment advice, as we are NOT professional investors and we are ill qualified to give you any advice. Read the blog at YOUR own risk
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