Situated in the Royal Borough of Maidenhead and Windsor, Ascot is highly regarded as one of the most loved locations by many people. This is an interesting place to live in the Southern England, with a population of 12,000.
A lot of commuters are choosing to live in this place for its wide array of green spaces. This is great because it is near to the five-thousand acre Windsor Great Park. There are excellent transport links from London to Reading.
The surroundings of the towns, including the transport links make lives easier. There are high-performing schools from where kids can enter in after transferring to the place. The best thing that attracts them is the property for sale in Ascot. Many home buyers and property investors are relying on this place in terms of homes and properties. They are even starting to expand their portfolios in this location.
J Wyatt, an investment portfolio manager, says that the surrounding neighborhoods of Ascot are a good property investment hotspot. Some houses are demolished after for even more spectacular and larger homes.
Many buyers are purchasing smaller properties and retaining them into fruitful and long term investments. Some of them buy these properties and sell them to others as well. The rental income that is obtained from these properties is higher. Apart from it, the capital appreciation remains stronger.
In the past year, the prices of Ascot properties have increased by nine percent. The average rent advertised is £5,489 every calendar month. This is based on the figures presented by a reputable property portal, for SL5 postcode.
Apart from the excellent facilities and amenities available in Ascot, the rents that are achieved are higher in the SL5 region. This is due to the reason that the earnings of the residents are higher as compared to the national average. This is also according to Wyatt. The average earnings of many individuals fall at £35,421. This is even better than the national average of £24,478.
With the increasing rise of house prices, the buy-to-let sector continues to become successful. Ascot still remains to be a property investment hotspot for the many Southern landlords. This starts from 2015 and up.
The real estate in Ascot is interesting because it complements to the lifestyle choice of the younger people. From the younger to older generation, they find it more convenient living in homes in Ascot. The estate agents Surrey and Berkshire are also found to be helpful for the clients. Even flats are sold for the guaranteed satisfaction of the clients.
Previous homebuyers were even satisfied by the well-located properties that are closer to the CBD. The technology is even higher as compared to the big yard for playing cricket and barbecuing. Thus, the demand for real estate properties is increasing.
For homebuyers, they need to just refine their search for the most improved properties. These are interesting to live in for the whole family. What more to ask for? Why Ascot is a property investment hotspot? The reasons are mentioned above!
For any questions or advice, please contact Barton Wyatt estate agents in Surrey.
