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The town of Ashford has seen major investment into retail and other industry sectors in recent years, further increasing the desirability of this, already high-in-demand, town. Additionally, with superb transport links and excellent educational institutions Ashford is quickly becoming a hub for students and working professionals alike.
Ashford is seeing major investment into leisure and industry with the £250 million Newtown Works regeneration project set to turn the towns derelict railway works into a state-of-the-art, mix-use film and TV production space. It is predicted that this development will generate 2000 new jobs in the town and will become a new hub for the country’s creative industry.
In addition to the Newtown Works development, Ashford’s designer outlet recently saw the completion of its £90 million expansion seeing the addition of more than 40 new stores and, an estimated, 500 new jobs further bolstering the town’s, already robust, retail industry as well as supporting the ever-growing young professional population found within Ashford.
With all of this in mind, Ashford is an ideal location for anyone looking to invest in property and is bound to catch the eye of any keen investor. From the influx of industry and jobs to the unrivalled transport links, it’s not difficult to understand why Ashford is quickly becoming one of the UK’s property hotspots.
The town boasts the perfect location and outstanding transport links to major UK locations, including London, as well as being one of the only places in the country where you can be door-to-door to Paris in just over 2 hours. Students and young professionals alike will be able to find everything they’re looking for in Ashford.
House prices in the Ashford area have seen impressive growth in the last 5 years with a value change of 24.88%. Due to large scale industry investment and the generation of new jobs within the town, demand for housing is predicted to further increase meaning now is the perfect time to invest in Ashford property.
Average value of £363,916 across all property types.
High demand for student and young professional housing.
House prices up 11.31% in the last 12 months.
The property market in Ashford has seen continual growth over the last few years with a value change of more than 24% in the last 5 years. In addition, homebuilders in the area have remained active through a tough housing market creating a strong supply of property in the area meaning there are significant investment opportunities even with an ongoing challenge with housing stock throughout the UK market.
According to data provided by Zoopla, house prices have risen by 11.31% in Ashford over the last year. This figure alone should be enough capture the interest of investors but it doesn’t stop there; significant investment in the area is due to create a multitude of jobs and bring new industry to the area further increasing the demand for housing.
The average rent in Ashford is currently £1,080pcm with rental yields sitting at 4% on average. However, due to aforementioned industry investment and growth in the town’s job market, this figure can be expected to grow in the coming years.
Ashford provides a variety of amenities and transport links to major cities, both in the UK and continental Europe.
Just a 40 minute train ride to London means that residents of Ashford are never too far from the city and can enjoy all of the benefits that it provides with relative ease. However, the town also provides a host of quality amenities of its own including a designer outlet, which has seen the completion of a £90 million expansion project in 2019, with 130 premium brands, restaurants and cafes, the large Ashford college and County Square Shopping centre. All of these aspects make Ashford an attractive location for people looking for housing and investors alike.
One of the most attractive investment features of the town are it’s unmatched transport links. The Ashford International Eurostar provides access to European cities such as Lille, Brussels, and Paris in less than 2 hours as well as providing transport to Amsterdam in less than 4 hours.
On top of the European transport links, Ashford is also home the UK’s first high speed rail link allowing residents to travel from the town to desirable London locations such as; London Stratford, London St Pancras, Euston, Victoria, Charing Cross, Liverpool Street, London Bridge, and Waterloo in under 1 hour.
Additionally, Ashford also benefits from excellent road communications, with direct access to London and the national motorway network via the M25 from the M20.
There have been a number of large scale investments in Ashford in recent years, the most noteworthy being the £250 million Newtown Works development. The planning permission for this mixed-use regeneration project was granted in April 2020.
The ambition for the project is to create a new hub for the TV, film production, and other related industries within Ashford. The project is set to generate 2,000 new jobs and include apartments, workshops and a new Kent Film School as well as the construction of a 120 bedroom hotel, multi-storey car park and a roof-top restaurant.
The local Ashford Designer Outlet also saw the completion of a £90 million expansion project in 2019 leading to the introduction of 40 new stores, a new food piazza, a digitally-enhanced children’s playground, and 725 new parking spaces. In addition to the physical additions to the attraction, the project created around 500 new jobs in the town.
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 337 3890.
We look forward to hearing from you!
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