The Triangle is a striking development overlooking the River Stour and neighbouring Victoria Park in the boom town of Ashford, Kent. Ideally located and directly opposite Ashford’s flagship leisure centre Elwick Place, the development is only a 12-minute walk from Ashford International Station. Buyers can choose from studios, one, two and three-bedroomed apartments with views over the river and parkland.
From Ashford International, reach London Stratford in only 29 minutes and London St Pancras in 36 minutes. What’s more, Ashford is a major terminus for Europe, directly connected to three European capitals; Brussels in 1h 32 mins, Paris in 1h 52 mins and Amsterdam in 3hrs 50 mins.
Ashford is a very interesting location, where property prices have increased by over 30% in the last 5 years, where house prices are on average 38% cheaper than in London and where population in the area has increased by 22.5% in just the last 15 years. What's more, Kings Cross St Pancras is just 36 minutes away by train making Ashford the perfect London commuter belt town. All of these facts mean this investment has the potential of working very well for our investors and hence why we expect the units to sell quickly. Below are a few investment highlights.
Why invest in Ashford?
22.5% population growth over last 15 years
22.5% population growth over last 15 years
38% growth in Ashford prime industrial rents
30% average house price growth over last 5 years
73% lower office rents than London
39% lower house prices than London
Ashford Designer Outlet attracting more than 3 million visitors per year
Ashford is home to Kent's largest office complex
Prices from £180k
Projected rental yields of 5.8%
Parking included with all 2 and 3 bedroom apartments
Zero ground rent
999 years leasehold
Balconies included with all apartments
Prices from £220,000, 2 years 6% net rent guarantee, 10% deposit
X1 Chatham Waters is an exciting new development commanding a beautiful waterfront setting in Medway, Kent a mere 36 minutes by train from London's Kings Cross. Set on a harbour, these exclusive 1, 2 and 3 bedroom apartments boast private balconies with stunning views across the quayside, are extremely spacious, and have a contemporary feel throughout.
As far as London commuter-belt investment properties go, X1 Chatham Waters is pretty unique. As part of a massive generation, this waterfront setting is likely to witness some significant capital growth which will appeal to both buy-to-let investors and owner-occupiers alike.
The project is being built by the award-winning developer X1 and is scheduled for completion in November 2020. Once completed investors can enjoy a 2-year rental guarantee at 6% net or alternatively opt for a 3 years 5% net rental guarantee. Crucial to this project is the fact that it forms an integral part of a wider £650m waterfront regeneration project being developed by Peel Group which will see the Chatham Docks area regenerated into new retail, residential property, leisure facilities and also new transport links.
Chatham and the surrounding area is in itself one of the fastest-growing London commuter belt towns and is currently undergoing a 20-year regeneration program of economic growth, new infrastructure and waterfront properties making the town one of the best prospects for capital growth in the UK.
Property prices in the area have risen over 240% in the past 20 years and are scheduled to rise by 25-30% over the next five years. The population of Kent is also increasing with a forecasted 22.9% growth in the population by 2031. Transport links to the area couldn't be better with a total journey time door to door from the project to London is just under an hour.
The developer has an exceptional track record with 27 completed developments, 9 projects currently under construction, 7 upcoming projects with over 7,500 units sold.
As this project is very nearly complete, it represents very little risk when compared to other off-plan projects in London's commuter belt.
This opportunity represents the perfect opportunity for investors wishing to capitalize on the expansion of the city of London. What with COVID-19 many residents are moving out of Central London due to not having to be in the office every day. With property prices in Chatham nearly a third of those in Central London, Chatham and surrounding areas are destined to benefit from an influx of city workers arriving at its doorstep in search of more value for money.
Mixture of 199 one, two and three-bedroom apartments with stunning waterfront views#
Secure car parking
State of the art gymnasium
Beautifully landscaped gardens
Commercial units on ground floor
Stunning wrap-around balconies on some apartments
High spec and spacious apartments
Prices starting from just £220,000
1, 2 and 3 bedroom apartments
2 years rent guarantee at 6% net or 3 years at 5%
Just 10% Deposit required, balance on completion
House prices in Medway Kent have risen 54% between 2014 - 2018
250 years leasehold
Service charge £2/sq ft per annum
36 minutes by train from London
10 years full build warranty
Award Winning Developer
Stunning water views from most apartments
29th June 2020
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