Grandview is bringing the future of modern and professional living to Farnborough. A new haven for professionals living in and around the UK Silicon Valley as well as London commuters. Grandview offers spacious, bright, elegantly styled apartments with all the amenities of modern life. Moments away from the offerings of Farnborough town centre and the set within a gated community, Grandview provides convenience and security for the modern tenant.
· Town centre location
· Two minute walk away from Farnborough Station
· Large living spaces
· Floor to ceiling windows
· All white goods are included
· Allocated underground parking
· Large and private winter gardens and balconies
· 10 year Global Homes Warranty
· Security gate
Grandview (296 Farnborough Road) is extremely well locatedfor both local and commuting professionals with short journey times to thelocal business centres and Central London:
The average value increase of an apartment in Farnborough over the last 20 years is a massive 213.47 % which is due to increase further with growing demand. There has been overwhelming growth of 45.1% in property prices in Farnborough from June 2013 to June 2018 (Source: Land Registry).
Over £250 million of investment has been planned for Farnborough over the next ten years. This is on top of £150 million which has already invested in The Meads project in the northern half of the town. The new investment plan includes over 200,000 sq ft of new retail space with improved parking. There are also proposals for new business space, hotels and leisure as well as new housing in and around the town centre.
Farnborough has long been best known for its association with aviation and is home to the Farnborough Air Show, Farnborough Aerodrome and Royal Aircraft Establishment. Through this, it has developed into one of the UK’s major hubs for international technology and plays a huge role in the UK’s defensive and aero technological landscape. It is home to numerous blue chip companies including:
The employment rate in Farnborough is 87.1% of the population - 13% higher than national average. Due to the high density of international companies, over 50% of the working population are in Manager, Director, Senior Officials roles or in Professional Occupation or Technical Profession roles.
Locations with quick commuter connections to London and a good quality of life are popular with renters as well as buyers. As young professionals are priced out of the London market commuter towns such as Farnborough have benefited from the influx of renters. Savills have reported:
Halifax bank forecasts the UK market to grow at 4% per annum, which would lead to a 22% capital value over the next 5 years.
Below are the expected market rental rates in Farnborough.