Guide type: Property Investor
14th October 2015
With Hounslow’s transport connectivity rated in the top 20% of all Local Authorities in 2013, this accessible West London location has been the obvious choice for UK and international businesses to base their headquarters, adding to the area’s capital growth and business appeal.
World-renowned finance company, GE, has its European headquarters based in Hounslow and leading pharmaceutical company, GlaxoSmithKline, also has offices based in the area. One of the borough’s biggest employers, bar Heathrow Airport, is Sky TV, which celebrated 25 years of residency in Hounslow last year. The world’s largest airline, American Airlines, also had its headquarters at what has now transformed into Galliard’s impressive Trinity Square development, which will provide both commercial office space and residential suites built to the highest specifications for contemporary living.
Average property prices are surprisingly lower compared to surrounding areas such as Brentford, Isleworth and Chiswick, resulting in more and more people looking to Hounslow for better value for their home, without compromising key selling points such as convenient transport links and access to inner-city amenities.
Much of Hounslow’s economic success is due to the progression of Heathrow; the UK’s most frequented airport flying to more than 185 destinations worldwide. The proposed expansion for a third runway is expected to boost jobs by more than 180,000 and since over 50% of Heathrow’s workforce live nearby, Hounslow is undoubtedly expected to see further growth in both property investment and economic prosperity.
Crossrail is set to be the chief enabler of change once it is introduced in 2018, offering faster and more effective services from Hounslow’s Hayes & Harlington station. The present journey time to Bond Street is 35 minutes, but after Crossrail’s implementation this will decrease to just 20 minutes. Canary Wharf will also be an impressive 34 minutes away compared to the 52 minutes it currently takes.
Crossrail will also provide four trains per hour running from Heathrow Airport into the City, replacing the two trains per hour operated by Heathrow Connect.
As energy-efficiency takes centre stage in regenerative plans across the UK, Hounslow’s residents are now within a mile of electrical vehicle charging points, whilst further green ambitions are soon to be fulfilled, such as the expansion of the car club network across London.
With government aspirations for High Speed 2 (HS2), planned to offer the fastest rail link yet between Heathrow and Birmingham, Hounslow’s status as a distinguished commuter hub is set to climb even further.
Hounslow has become a magnet for Londoners searching for their new home, or indeed those coming from outside the capital looking to invest in an attractive location outside of the City. This is reflected by Hounslow’s population growth, which rose 19.6% between 2001 and 2013. With this in mind, Hounslow Council and the Mayor of London ventured to regenerate Hounslow’s town centre to attract more visitors, increase trade and enhance aesthetic appeal to match the area’s flourishing reputation.
Councillor Amrit Mann of Hounslow Council stated: “More than 20,000 people use Hounslow town centre every day; we want it to attract even more shoppers and businesses to the area.”
More than £3.5 million has been injected into the rejuvenation of Hounslow’s High Street, resulting in the creation of two outdoor performance areas on Bell Square and Church Square, new pocket parks and cycle lanes plus paving and shop front upgrades. Future plans for a new public square, covering more than 108,000 square feet of retail space in addition to a multiplex cinema, are also underway.
As West London’s nerve centre for business and commerce, with plans to diversify as a desirable retail and entertainment resort, Hounslow’s future investment potential is both incredibly vast and hugely exciting.
Conveniently situated in the heart of Hounslow’s town centre, Galliard Homes is proud to present the highly-anticipated Trinity Square development, comprising of 288 residential suites divided amongst three squares and joined by a full-height central atrium.
Boasting high-tech integrated appliances and bespoke interior designs with a modern finish, residents can embrace the flexibility and comfort that comes with the Trinity lifestyle.
Just a six minute walk away from Hounslow’s esteemed shopping destination, The Treaty Centre, and seven minutes from Hounslow Central Underground Station; this location is ideal for commuters.
Galliard’s previously sold out development, Central House, is back with 25 new one and two bedroom apartments as part of The Terrace Collection. Each apartment will be finished to impeccable standards, showcasing high-tech functionality and eye-catchingly modern interiors.
Residents will enjoy the apartments’ open-plan kitchen, living and dining areas, featuring access to a private terrace – perfect for relaxing, socialising and al fresco dining. A designer kitchen and luxury bathroom will also complement these exceptional homes, whilst video entryphone security will provide utmost exclusivity.
With apartments from just £275,000, plus being in a convenient town centre location just two minutes’ walk from Hounslow Central Tube station, this will be an unmissable opportunity for investors looking for a property in suburban West London.