Whilst the market within the city has been unpredictable this year due to economic and political changes, the Home Counties are certainly benefiting within the real estate industry. Hertfordshire itself has seen 15% fewer properties on offer in the last three years whilst interest in the area has boomed at a 75% increase. Furthermore, house prices are increasing annually, up 10% in the last 10 months and nearly 30% since 2013. This makes it an ideal location for homeowner purchasers as well as Buy-to-Let investors, with an average rental yield of 5.8%, and mainline connections into Kings Cross, Blackfriars and Liverpool Street.
Not only is Hertfordshire desirably located for city commuters between London and Cambridge, the County itself has a strong independent business community and a resilient economy. Living up to its highly-skilled reputation, the unemployment rate is much lower than the national average whilst the percentage of working age residents with at least Level 4 qualifications is above the national average. As well as strong micro businesses and independent start-ups with a high survival rate, the County offers a huge ambition for future growth and investment into a thriving area surrounding London.
Hertfordshire is part of the proposed East of England regeneration plan, which is looking at returning counties to the pre-war urban village model. Galliard Homes, the market-leading property developer in the capital for over three decades, prides itself on locating and developing areas of potential and future growth for investment.
Pinnacle House, located in Kings Langley, is no exception to this and will exemplify the regeneration plan: a contemporary development within a historic village; a two minute walk from the railway station with under 30 minute city connections; a 15 minute walk from the High Street for basic needs as well as independent businesses and views of the canal. Released as part of Galliard’s 2016 Summer Sale, the development offers off-plan studio suites and one bedroom apartments with prices starting at £194,995; designed to the highest specifications the contemporary office conversion is expertly situated adjacent to the Grand Union Canal.
Providing the opportunity to claim great returns for the Buy-to-Let investor or the chance to live in the recently labelled number one County in Britain to raise a family, there is little doubt Pinnacle House will be anything but an attractive prospect.
View our full selection of flats for sale in Hertfordshire below. If you know what you're looking for and would rather speak to us directly, call us today on 020 7620 1500.
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