Renting a property has become extremely popular in the current market place and Kew Bridge, the latest riverside development by St George, is leading the way, with rental yields up to 6.5% attracting investors to put their money in bricks and mortar as opposed to banks and building societies.
With landlord investments delivering 3.5% yields*, Kew Bridge is providing an unrivalled ROI, benefiting from a strong rental market in West London. Demand for upmarket rental properties from international corporate tenants, families downsizing and city commuters has proved to be the driving force behind this success. Heathrow Airport is less than 30 minutes away as is Central London with direct trains to Waterloo departing from Kew Bridge station every 15 mins.
Featherstone Leigh who have offices in Kew, Richmond and Chiswick have been successfully letting out properties at Kew Bridge on average 18% above their own predictions less than 18 months ago. Jo O'Sullivan, Associate Director at Featherstone Leigh comments: "We are delighted to be involved in letting the apartments at Kew Bridge. The design and quality of the finish is proving to be highly popular with tenants looking for executive living. We knew there would be a strong demand for rental properties but we have surpassed our own expectations with tenants demanding quality homes with the benefit of parking, concierge and easy connections into Central London."
Ian Dobie, Managing Director of St George West London also comments: "The superb returns that our investors are enjoying at Kew Bridge demonstrates the importance of investing your money in property where a great location and specification are combined. Added to this our investors know that we will place the management and security of our developments at the top of our agenda, this protecting their investment."
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