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Guide type: Area Guide

The ‘Crossrail Effect’ Comes to Slough

15th February 2016

Photo credit: TfL Press Office

Sitting on the western periphery of London, Slough is home to the largest trading estate in single ownership within Europe, making it a thriving business destination and a major contributor to the UK economy. Now, as the dawn of Crossrail approaches, Slough’s reputation and future potential is set to skyrocket even further.

It is estimated that Crossrail will bring an impressive 1.5 million people within a 45 minute commute of London, and as Slough’s population is set to increase by 18,154 in the next four years, there is no doubt that this figure will accelerate and add to the residential appeal of the area.

A Prosperous Investment

Already the value of homes skirting the Crossrail route has grown by 20% more than the general capital appreciation displayed across the South East since the project’s conception in 2008. Property consultant, CBRE, has predicted that the ‘Crossrail factor’ will add a further 13% on top of wider, natural growth by 2018 – equating to as much as a £60,000 price rise. Major professional services company, JLL, forecasts that Slough, in particular, will see huge property price growth, reaching as high as 45% by 2020. This means that those who invest this year in a property worth £245,000 could see that increase by £100,450 in just four years – shifting its value to a whopping £345,450.

This makes Slough the new favourite hotspot within the Home Counties for investors seeking affordable properties with soaring resale potential, as well as first-time buyers who are looking to make their first purchase before prices begin to escalate. It also means that young professionals can live within close reach of the capital, but if they decide to climb the property ladder further and invest in a larger home to facilitate a growing family, the capital appreciation gained should offer a helping hand.

Closer to the Capital

Slough is set to implement Crossrail services from 2019 with four new, higher capacity trains running in each direction per hour. Services will be faster and more efficient, allowing commuters to travel right into the centre of London without having to change trains.

Key journey times from Slough station (with Crossrail) will include:

Bond Street                                        32 minutes

Tottenham Court Road                      34 minutes

Liverpool Street                                 39 minutes

Canary Wharf                                    46 minutes

Last year in a keynote speech about the impact of Crossrail, Prime Minister David Cameron said: “…from 2019, Slough and Essex will be connected via Central London in what will be the biggest boost to rail capacity since the Second World War.”

The Prime Minister also talked about how improvements to Slough station’s northern forecourt will make it a more commuter-friendly space for pedestrians, cyclists and disabled drivers.

So, along with being less than a 20 minute drive away from Heathrow Airport, there is no doubt that the evolution of Slough’s transport infrastructure is guaranteed to have a rippling effect on the area’s status as a thriving business base and an inviting residential location.

Property

Skyline

Exhibiting outstanding designs and premier specifications, Skyline’s apartments will combine luxury, comfort and convenience at a fantastic price for both homeowners and investors.

Situated just five minutes’ walk from the High Street and just over 10 minutes away from Slough station, which is set to benefit from Crossrail services from 2019, residents will be perfectly placed for access to local amenities and transport facilities for direct services into Central London.

Offering studio, one and two bedroom apartments from just £199,995, this will be a fantastic choice for first-time buyers looking for a stylish home in a commuter belt location.

Atria

Displaying a sleek design around every corner, this excellent development comprising 120 impressive apartments will be finished to Galliard Homes' elite standard. 

Atria will be within a 10 minute drive of Slough mainline station and the popular retail mall, Queensmere Observatory Centre. Slough station offers outstanding services into London, with London Paddington reachable in just 17 minutes, making an apartment in Atria perfect for those needing convenient journey times into the city.

Ideal for both owner-occupiers and investors, investing in an apartment in this exceptional development will be an opportunity not to miss. Launching Saturday 19th November, Galliard Homes is offering purchasers at Atria the chance to have their Stamp Duty fees paid, as well as providing complimentary furniture packs upon purchasing a property.


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