{"id":2708,"date":"2024-02-08T17:33:03","date_gmt":"2024-02-08T17:33:03","guid":{"rendered":"https:\/\/businessjurnalmedia.com\/?p=2708"},"modified":"2024-02-08T17:33:04","modified_gmt":"2024-02-08T17:33:04","slug":"barratt-london","status":"publish","type":"post","link":"https:\/\/businessjurnalmedia.com\/?p=2708","title":{"rendered":"BARRATT LONDON"},"content":{"rendered":"\n<p><strong>GCC investors given a rare opportunity to own a new build house in popular central London location&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The latest Barratt London launch consists of just seven houses in a Zone 3 South West London hotspot<\/em><\/li>\n\n\n\n<li><em>Average property prices in the area increased 58% between 2012 and 2022 and 5% in the last year<\/em><\/li>\n\n\n\n<li><em>Barratt London Rental Guarantee Scheme for overseas investors guaranteeing a 6% gross yield for 24 months<\/em><\/li>\n<\/ul>\n\n\n\n<p>Barratt London, part of the UK\u2019s largest housebuilder Barratt Developments, has officially launched a rare opportunity to own an exclusive freehold mews house in the Zone 3 location of Tooting Bec in the popular South West London neighbourhood of Wandsworth.<\/p>\n\n\n\n<p>While finding a new build apartment in the area is relatively easy, it is increasingly more difficult for investors to secure a new freehold house. Last month, a search on the property portal Rightmove revealed just three new build houses were available out of 457 new homes, two of which were on a leasehold basis rather than freehold.<\/p>\n\n\n\n<p>The mews houses, located in Barratt London\u2019s <a href=\"https:\/\/www.barratthomes.co.uk\/new-homes\/dev001958-springfield-place\/\">Springfield Place<\/a> development, come in two and three-bedroom configurations and are set over two or three storeys, offering up to 1375.76 sq ft (127.81 sq m) of versatile family living.&nbsp;<\/p>\n\n\n\n<p><strong>Stuart Leslie, International Sales and Marketing Director at Barratt London,<\/strong> said: \u201cWhether you are looking for an investment property in an established, popular location, or a home for yourself or your children that is well-connected, these unique mews houses offer overseas investors fantastic long-term appreciation potential and excellent rental yields of up to 5.5%.&nbsp;<\/p>\n\n\n\n<p>According to property experts Strutt &amp; Parker, the surrounding area of Springfield Place attracts a high-end potential tenant base consisting of affluent individuals looking for the convenience and vibrancy offered by the development. Barratt London also offers a Rental Guarantee Scheme for overseas investors, guaranteeing a 6% gross yield for 24 months (less charges and costs) across various sites.<\/p>\n\n\n\n<p>As an investment vehicle, research from Strutt &amp; Parker has witnessed a positive performance in the last decade, with average property prices in Wandsworth increasing 58% from 2012 to 2022 and 5% in the past year alone.&nbsp;<\/p>\n\n\n\n<p>Each mews house has allocated parking, an electric car charging point and a spacious, private rear garden. Set in a quiet street, all properties feature high-quality finishes, including individually designed contemporary kitchens with soft-close doors and drawers, Silestone worktops, glass splashbacks and integrated appliances. Tiled bathrooms and flooring throughout are included as standard.&nbsp;<\/p>\n\n\n\n<p>Overall, <a href=\"https:\/\/www.barratthomes.co.uk\/new-homes\/dev001958-springfield-place\/\">Springfield Place<\/a> comprises 232 one-, two- and three-bedroom apartments and 29 two- and three-bedroom mews houses and is part of the wider 82-acre Springfield Village \u2013 a new urban village of 839 homes, which includes a 32-acre park (London\u2019s biggest new park created since the 2012 Olympics), plus a caf\u00e9, shops, public square and land for a new primary school.<\/p>\n\n\n\n<p>While Springfield Village is a new development, Tooting Bec has long been popular with buyers looking for an unbeatable mix of healthy outdoor living and great connections.&nbsp;<\/p>\n\n\n\n<p>The excellent transport connections at Springfield Place mean that it is the ideal solution for parents buying a property for children studying in London, and with all homes featuring good-sized bedrooms with the vast majority en suite, the properties represent good options for siblings or friends who are sharing.&nbsp;<\/p>\n\n\n\n<p>Getting around London to its many universities is made simple with the nearby Tooting Bec Underground station offering a Friday and Saturday 24-hour service on the Northern Line. Additional railway stations, Wandsworth Common and Earlsfield, are within easy walking distance. In the long term, there are plans for Crossrail 2 to include a stop at either Tooting Broadway or Balham, both of which would be convenient for residents at Springfield Place.<\/p>\n\n\n\n<p>Prices at <a href=\"https:\/\/www.barratthomes.co.uk\/new-homes\/dev001958-springfield-place\/\">Springfield Place<\/a> currently start from \u00a3802,000 (US$1.02 million) for a two-bedroom mews house and \u00a31,088,000 (US$1.38 million) for a three-bedroom, three-storey home.&nbsp;<\/p>\n\n\n\n<p>For more information, please visit <a href=\"https:\/\/www.barrattlondonmena.com\">https:\/\/www.barrattlondonmena.com<\/a>.&nbsp;<\/p>\n\n\n\n<p>*Subject to availability and only on selected plots. Terms and Conditions apply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GCC investors given a rare opportunity to own a new build house in popular central London location&nbsp; Barratt London, part of the UK\u2019s largest housebuilder Barratt Developments, has officially launched a rare opportunity to own an exclusive freehold mews house in the Zone 3 location of Tooting Bec in the popular South West London neighbourhood of Wandsworth. While finding a new build apartment in the area is relatively easy, it is increasingly more difficult for investors to secure a new [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-2708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-realestate"],"_links":{"self":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/2708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2708"}],"version-history":[{"count":1,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/2708\/revisions"}],"predecessor-version":[{"id":2711,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/2708\/revisions\/2711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/media\/2710"}],"wp:attachment":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}