Why Slough is one of the top 10 property hotspots for first-time buyers
It has been a difficult few months for Slough, as at the beginning of July the local council declared itself bankrupt.
There’s now light at the end of the tunnel as the Government has stepped in with a support package, though services such as social care have been hit due to slashed budgets.
But in many respects it’s business as usual for the town. Extensive regeneration is under way, and its schools, transport links and affordability continue to be an attractive proposition for buyers.
‘Slough is uniquely well located for travel, nestling between the M4 and M40 and in easy reach of the M25 and Heathrow airport,’ explains James Swindlehurst, leader of Slough Borough Council.
‘With the completion of the Elizabeth line’s through service next summer, it is brilliantly connected for work opportunities, and combines the diversity of edge-of-London urban living with all the benefits of provincial life. Slough is definitely on the up.’
Slough’s surrounded by six of Berkshire’s most expensive commuter towns, though according to Savills, house prices are 46% cheaper than in neighbouring Windsor and Maidenhead.
First-time buyer portal Share To Buy reports that Slough is one of the UK’s top 10 property hotspots, with a 73% increase in house prices in the past decade.
There are Victorian terraces, post-war and modern housing, and the biggest homes are on the outskirts, towards Burnham and Langley. A small flat starts at about £150,000, while three-bedroom terrace houses are priced from £350,000.
What’s new in Slough?
At Horlicks Quarter, the iconic Horlicks factory, complete with soaring chimney and clock tower, is being transformed by Berkeley Homes into a collection of new and refurbished one, two and three-bed apartments and three-bed townhouses surrounded by landscaped grounds.
One and two-bed apartments in the first two buildings, Darjeeling House and Artesian House, start at £290,000 and £369,950 respectively and all come with a balcony or terrace. Selected plots are offered with Help To Buy.
Novus Apartments is being delivered by Slough Urban Renewal — the strategic joint venture between Slough Borough Council and Muse Developments.
The 64 studio, one and two-bed apartments form part of the former library site in the town centre. They start from £210,000 and Help To Buy is available.
One and two-bed apartments and three-bed townhouses are available at Burnham Court in Burnham, and a new show home opened at the weekend, from £260,000 with Help To Buy.
No two layouts are the same at Park House, five minutes from the high street, where studio, one, two and three-bed apartments start from £179,950, via Gibbs Gillespie.
And at Hurricane Court in Langley — named after the Hawker Hurricane fighter aircraft manufactured there in the 1940s — studio, one and two-bed homes start at £195,000. Also available via Connells.
Everything a potential buyer needs to know about Slough
Average house price: £399,797
Average rent: £1,396 pcm
Council tax (Band D): £1,790.53
Commuting time to Zone 1: 14 minutes to Paddington
Annual season ticket: £3,764
Amenities: ★★★★☆ High street names in the Queensmere Observatory Shopping Centre, which is set to be redeveloped; Bath Road shopping park; The Curve community arts centre and library; Empire cinema; Salt Hill activity centre; The Centre has a gym, pool, sports hall and fitness classes; skating and climbing wall at Slough Ice Arena
Open space: ★★★★☆ Upton Court Park; Salt Hill Park; Black Park; Herschel Park
Schools: ★★★★☆ Above average GCSE and A-level results; all state schools ranked as outstanding or good by Ofsted; three grammars
Crime: Below national average
Who lives there? First-time buyers and young families; 30% of households are aged under 40
Famous faces: Comedian Jimmy Carr and musician Gary Numan grew up in Slough
What can I afford on the property ladder?
This ground-floor flat is in a central location with allocated parking, and comprises a living room, separate kitchen, double bedroom and bathroom
Check it out via Yopa
Close to the town centre and station, this double-fronted detached house has three bedrooms, three reception rooms, a large garden and no chain.
Check it out via Connells
This recently renovated four-bedroom 1930s house, sitting in a secluded half-acre plot, is surrounded by forest and parkland and includes many Art Deco features,
Check it out via Savills
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