Ashford in the UK has been turned into a property hotspot after the HS1 High-Speed train slashed journey time to London in half to just 40 mins.
In 90 minutes, you can be in Paris or Brussels. Consequently, the local and regional economy is booming, with an influx of investment and a major house-building programme, with new homes available from just £150,000. Property prices in areas close to high-speed trains have been seen to increase by 30%.
Ashford isn’t alone. High-speed trains, such as HS1, HS2, and Crossrail are creating some fantastic property investment opportunities across the UK, at a snip of the big city prices in London. Preston, a city in the North of the UK is expected to see double-digit growth due to its proximity to HS2, and properties there are priced from £120,000. Birmingham and Manchester have long offered excellent investment opportunities, and continue to do so with the implementation of the long-awaited HS2.
Our top 5 High-Speed Train hotspots:
At Hurst & Wills, we have access to the latest opportunities across the best developers and markets, so that we can advise independently on property investing, based on solid market fundamentals such as infrastructure. We have several opportunities across these UK hotspots, many of which can be bought with a mortgage. This means you can invest as little as R800,000 and earn up to 7.5% yields in solid currency, whilst the property increases in value as the infrastructure is implemented.