Investors

Modern, professional living

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

Ideally located

Grandview (296 Farnborough Road) is extremely well locatedfor both local and commuting professionals with short journey times to thelocal business centres and Central London:

Farnborough

Farnborough Station
2 min walk
Farnborough Town Centre
7 min walk
Farnborough Airport
7 min drive

Local Employment Centres

Farnborough Business Park
5 min drive
Farnborough Aerospace Centre
4 min drive
Cody Technology Park
6 min drive
Frimley Business Park
6 min drive

National Transport

M3
5 min drive
M25
16 min drive
Heathrow Airport
25 min drive

Trains to London

Basingstoke
13 mins
London Waterloo
34 mins
Bank Station
43 mins
Canary Wharf
47 mins
Gatwick Airport
68 mins

Farnborough

Growth

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).

Investment

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.

Silicon Valley UK

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:

Company

Sector

Airbus Defence & Space Ltd Defence
Lockheed Martin Defence
BAE Systems Defence
BMW Automotive
Novartis Pharmaceuticals
GE Oil & Gas Limited Petrochemicals
Zurich Insurance Finance
Boeing Defence

Employment

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.

Commuter Belt Renters

"Commuting underpins the next ripple of house price growth"
Lucian Cook, head of residential research for Savills

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:

"The price differential between prime London and the commuter belt is a key driver of demand from tenants."
"Across the commuter belt, the average [rental] price is £17 per sq ft, in comparison with the prime London average of £36 per sq ft. This highlights the value that can be found outside the capital."
"Across the prime commuter belt markets as a whole, we expect rents to rise by 8.2% in the years to 2022, outperforming the prime London market."

Projected Capital Growth

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.

YEAR 2019 2020 2021 2022 2023 2024
Growth Forecast 4% 4% 4% 4% 4%
1 Bed 217,500 226,200 235,248 244,658 254,444 264,622
Profit 8,700 17,748 27,158 36,944 47,122
2 Bed 275,000 286,000 297,440 309,338 321,711 334,580
Profit 11,000 22,440 34,338 46,711 59,580

Apartment Rental Rates

Below are the expected market rental rates in Farnborough.

APARTMENT RENTAL INCOME PER MONTH APPROXIMATE YIELD
1 Bed £1150-£1250 5.1-5.7%
2 Bed £1300 5.1-5.7%
2 Bed Ensuite £1400 5.1-5.7%
Penthouse £1550 5.1-5.7%
Grandview