Excellent rental potential in an area of regeneration makes a solid investment

Excellent rental potential in an area of regeneration makes a solid investment

New Investment Hub

£240m New
Town Centre

£240m regeneration of Bracknell’s town centre including The Lexicon financed by Legal & General. Bracknell’s catchment will reach
1m people by 2024.

UK’s Silicon Valley

The UK’s Silicon Valley, home to large businesses including Avis, Vodafone and Hewlett Packard.

The Lexicon

State of the art shopping and leisure facilities. Luxury brands including Bentalls, Carluccios, Charles Tyrwhitt, Hotel Chocolat, Joules, Pandora, Superdry and Waitrose.

£768m of Infrastructure

A total investment of £768 million is being invested in the regeneration of Bracknell Forest Borough. It’s one of the largest urban regeneration schemes currently being built in the UK.

Desirable Neighbours

Desirable destinations Ascot, Windsor, Sunningdale, Virginia Water and Wokingham within 10 miles.

Affluent Area

Household income and expenditure in Bracknell currently exceed the UK average by 28% and 21% respectively. This is similar to other affluent locations including Windsor, Maidenhead and Oxford.

Growing Population

The population of Bracknell is expected to increase by 15% over the next 20 years adding almost 20,000 residents to the town. Property demand from this growth will outstrip supply.

Rental Opportunity

The apartments at BluLiving Bracknell offer an exceptional opportunity for buy-to-let investors.

Rental Rates and Growth

In the south east region as a whole, rentals are typically two index points ahead of those of the entire UK. Rental rates in the south east have grown by 17.6 index points during the last 7 years (to Jan 2018). (See fig 1).

The increasing appeal and regeneration of Bracknell is likely to mean that rental rates should increase at a faster rate than the wider south east.

Conservative Estimated Rental Rates

The properties at BluLiving Bracknell will command a sensible rental price. Conservative estimates by Romans Estate Agent are as the above chart.

Rental Market

Bracknell has become a more desirable town in which to live owing to the regeneration both undertaken and planned. This increased desirability is reflected in both rental demand and rates. With the population expected to increase by 15% (almost 19,000 additional people) during the next 20 years this will add further demand for rental properties.

There is a shortage of rental supply in Bracknell, in particular for apartments, which will benefit buy-to-let owners at BluLiving Bracknell. An increased supply of new homes will help to meet the increased demand yet will not saturate the market. Typically, local estate agents have approximately 200 prospective tenants on their books at any given time which is not even close to meeting the supply of properties in the area.

There are also opportunities for corporate lets from one of the many small and large businesses that have made Bracknell their home.

Now is the time to enquire
about Blu Bracknell

Could you see yourself living at Blu Bracknell and becoming a part of the BluLiving community? Drop us a line to arrange a viewing or for more information about Blu Bracknell. Complete the form below.

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