Why Finchley Central is fast becoming more popular to investors
The borough of Barnet has the second highest population of the thirty-two London boroughs with around 331,500 residents.
Plans have been drawn up for a £100 million state of the art waste recycling plant in Barnet, with the aim of recycling 70% of household and commercial waste by 2020, which will lead to dramatic reductions in CO2 emission.
Property prices in Barnet, while slightly higher than some of its surrounding neighbours, are still lower than the London average. They saw a healthy increase of 19.99% last year, making it a very appealing area to live in, especially for commuters who can be in central London in just 16 minutes via northern line. Barnet Council are expecting to see an increase in property prices of up to 20.7% within the next five years. Major innovation and developments are planned in Barnet over the next 10-15 years which will see significant population growth in new and improved neighbourhoods and significant investment in supporting facilities and infrastructure. The range of projects include the regeneration of the four largest estates and the development of the three strategic growth areas identified as the Cricklewood, Brent Cross and West Hendon regeneration area, Colindale and Mill Hill East. That means Barnet property investment is ideal if you're interested in London regeneration areas.
Finchley Central is the main hub of the wider Finchley area, in the north London Borough of Barnet. With its attractive parks, excellent schools and convenient public transport links, it is popular among families and professionals seeking a suburban lifestyle, without compromising on proximity to central London. Additionally, the range of excellent schools draws families to the area, such as St Mary’s and Manorside primaries, both of which achieved high scores in their most recent Ofsted reports.
Investing in Finchley Central Property
Thanks to its suburban atmosphere, excellent transport links and high-performing schools, Finchley Central will almost certainly remain popular among professionals and families, making the area an excellent place to invest in buy-to-let property. Rental yield is high and the area offers plenty of opportunities to suit various budgets.
House prices in Finchley have increased by 19.99% over the past year, this is the equivalent of £85,472. The average home in Finchley is now worth 70% more this year than it was 9 years previously.
Finchley Central is set to receive £6 billion of private sector funding will be invested across the whole of the borough of Barnet. The programme is set to create around 27,000 new homes and support the delivery of 30,000 new jobs over the next 10 years.
Fraser & co are proud to announce the launch of The Arc, Finchley Central:
The Arc is a brand new collection of 27 apartments and a fresh addition to an increasingly delightful local area. It is distinct, well designed and finished to a superb standard. Replete with a range of modern amenities, conscientious architectural design and an eye for detail these modern apartments provide a calm and spacious suburban living on the edge of central London.
The Arc is located 0.08 miles* from Finchley Central underground station, 0.56 miles* from West Finchley station and 0.83 miles* from Mill Hill East Station. All provide access to the Northern line Train services.
Estimated completion Q1 2019