Barratt’s latest London launch is expected to net Middle East homebuyers a 25% increase on their investment

  • Date: 20-Oct-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Barratt’s latest London launch is expected to net Middle East homebuyers a 25% increase on their investment

- Landmark launch in Bermondsey’s dynamic regeneration area located south of the River Thames includes new transport links to central London, several Michelin star restaurants, education facilities, business hubs and green spaces

Dubai, United Arab Emirates: Barratt London, part of the largest residential property development company in the United Kingdom, has launched exciting new landmark development, Bermondsey Heights, located south of the River Thames, with JLL forecasting that the area is expected to see house prices increase by around 25% over the next five years, and rental values growing by 16%.

The launch comes when favourable exchange rates for investors tied to the US Dollar are creating significant savings for those looking at the London real estate market. Furthermore, sales agent JLL has reported that similar regeneration schemes in London have outperformed properties in the same area, with prices on average increasing 5% more year-on-year, further underscoring the opportunities available.

Stuart Leslie, International Sales and Marketing Director at Barratt London, said: “Bermondsey offers great opportunities for investors, particularly those from the Middle East, able to capitalise on the favourable exchange rates. As a result of the expected excellent return on investment and high rental yield opportunities, we anticipate a raft of interest for