As the world paces itself to adapt to the conundrums of the pandemic, unsung neighbourhoods throughout London have been offered a unique spotlight to unveil their distinct characteristics that have yet been uncovered.
London’s property market remains resilient throughout the global crisis, with major lifestyle shifts underway. The four key themes that will reshape the real estate market in 2021 are fringe living, a heightened sense of health and wellbeing, digital connectivity and adaptable living spaces. City dwellers now prefer to live in organic neighbourhoods that tell a compelling story, with premium amenities that complement the narrative of its offered lifestyle (source).
With more global investors seeking opportunities outside conventional postcodes to match the demands of modern lifestyle, many hidden neighbourhood gems have been garnering more international and local attention.
Hanwell, one of London’s Last, Truly Undiscovered Gems
Recognised as a heritage village, Hanwell is known as one of West London’s last undiscovered gems which complements the ideal modern lifestyle profile. Lined with Victorian cottages complemented with clusters of friendly independent cafés, bars and shops, the neighbourhood is positioned in a well-established and leafy corner of West London that offers a wonderfully relaxed, suburban feel.
Discover London’s greenest borough with convenient access to 3,300-acres of green space, golf courses, parks, sports facilities and cycle paths through living at Hanwell. An emerging West London neighbourhood with a wealth of village characteristics, style and charm.
Changes Await Hanwell
Undoubtedly, the accession of the Elizabeth Line at Hanwell Station will generate a significant improvement to the neighbourhood. Hanwell will be directly linked to Central London, and journey times to Central London is revolutionised with high-speed trains. Bond Street will be located just 17 minutes away and international travel from Heathrow is located 11 minutes away. In fact, Hanwell will enjoy the largest reduction in journey times of any stations along the Elizabeth Line.
Considering the current demand for homes located along the fringe, residents of Hanwell can enjoy the benefit of shorter travelling times while living away from the noise of the Central London.
Good Neighbours, Value for Money
Rub shoulders with affluent postcodes of West London, such as Chiswick, Brentford, Richmond and Kew, where most of the city’s wealthiest residents live and where some of the more steeply-priced homes are found.
At a fraction of the price, buy into West London while enjoying fantastic connectivity to key places such as White City, new Imperial College Campus, Chiswick and Richmond.
As White City and Brentford continues to beacon their mix of start-ups and business parks, professionals and investors identifies Hanwell to be the next key residential zone to settle down in. Since the last decade, house prices in Hanwell has experienced a 87% house price growth all thanks to the ripple effect from its neighbours (source).
The borough has witnessed a 31% increase in population as compared to the other parts of UK in the past 5 years, with 69% of this growth generated by the younger community aged 35 and below. Piggybacking this demand are new businesses entering the community to re-think and re-discover life at Hanwell.
Hanwell is conveniently located for students, with Imperial College at White City located only 5 miles away. Thanks to the Crossrail, some of London’s best universities are a short ride away on the Elizabeth line, including University College London and London School of Economics.
Families would also be drawn to the quality schooling choices for students, with 82 outstanding or good primary and secondary schools in the borough (Source: Ofsted)
Hanwell’s First Landmark: Hanwell Square
Identified as the first landmark development within Hanwell, Hanwell Square is a residential development that is attracting many first-time buyers, professionals and families that are looking for opportunities in West London that are value for money, with an abundance of outdoor space and has excellent connectivity.
Hanwell Square is set to bring in 333 new homes that is launched in two phases across three buildings. The first ‘Rose’ phase is looking to bring in 104 private apartments alongside shops, workspaces and cafes that is centered around a village-style square and landscaped courtyard.
Community spirit is compelling in the neighbourhood, with the city’s oldest and largest annual carnival held right smack in the heart of the neighbourhood. Annual festivals and flagship events including the Hanwell Hootie and Hanwell Carnival are held there.
Hanwell’s excellent connectivity is earning the area a lucrative roll call in investment credentials. According to Knight Frank’s latest research, house prices in Ealing have increased 70% over the past decade. Rental values grew 4.7% in the borough of Ealing in the past 5 years, with a positive outlook to the area as renters continue to seek good lifestyle choices and short journey times to work, education and entertainment across the capital.
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