If you’re an investor looking for properties in prime commuter belt locations that’ll give you a great ROI and capital growth, here at CXG we’ve identified four property hotspots you might want to consider.
All with easy commuting distance to London, excellent amenities and a wealth of education providers, St Albans, Milton Keynes, Brentwood and Chelmsford are property hotspots well worth considering.
Making it ideal for country living and city working, St Albans is an easy ride for commuters who can travel from the city’s mainline railway station to London St Pancras in around 20 minutes. Well-known for its excellent schools, historic centre, cathedral, lush green spaces and surrounding countryside, St Albans is fast becoming one of the UK’s property hot spots.
Rated on average weekly incomes, crime rates, health, home ownership, and economic activity, St Albans is ranked 10th in The Telegraph’s Best Places to Live in the UK.
A vibrant and sociable city, St Albans claims to have one of the highest number of pubs per square mile in the UK, and with its wide range of trendy restaurants and farmers’ markets, there really is something for all tastes!
St Albans has a good range of state primary and secondary schools with good and outstanding Ofsted reports, and a number of independent schools.
A thriving property market and excellent transport links has sent Milton Keynes to the top of the list of UK cities with the highest jobs growth over the past decade.
Often referred to as the home of concrete cows and roundabouts, Milton Keynes has so much more to offer – including good rail and road links, including the A6 (pictured).
The majority of properties in Milton Keynes are less than 30 years old, with something for every budget from apartments and terraced houses to semi-detached houses and large detached properties. Not only that, most of the housing has been designed with energy efficiency in mind.
Milton Keynes has the country’s first Energy Park, whereby properties must comply with an energy performance standard determined by the national home energy rating.
Offering a range of primary, secondary and mixed-sex independent schools, Milton Keynes is also home to the Open University’s headquarters which is based in the Walton Hall district.
The star-studded town of Brentwood, with its ties to The Only Way Is Essex, has become a popular with those looking for an extra dash of glitz and glamour. But behind the sparkle and stardom, Brentwood has fast become a go-to destination for commuters looking for stylish and practical accommodation with more space than they could secure if living in the capital.
Located just outside the M25, Brentwood’s equidistant from central London, Stansted and Southend. And for those looking to commute by train, London Liverpool Street is just 40 minutes away.
Awash with trendy restaurants, bars and nightclubs and outstanding education provision as reported by Ofsted, it’s little surprise that Brentwood is one of the most expensive places to purchase property for first-time buyers in the east of England, according to new statistics. But like most towns there’s low and high-end investment opportunities available.
Brentwood is host to a mixture of state schools, parochial schools (Church of England and Catholic) and independent preparatory schools.
As the county city of Essex, Chelmsford has a huge amount to offer property investors, not least because it’s just 35 minutes from central London by train and a 30-minute drive from Stansted.
With two main undercover shopping areas, High Chelmer and The Meadows, Chelmsford has become known as one of the best shopping centres in Essex.
A cosmopolitan city with a vibrant collection of restaurants, pubs, cafes and wine bars. Situated in the heart of the city centre is a historic 15th century Cathedral.
Chelmsford is also home to a range of state schools, parochial schools and independent preparatory schools. It’s also part of the Anglia Ruskin University and home to Chelmsford County High School and King Edward VI Grammar Schools, which was founded in 1551 by charter of King Edward VI.