Wembley Park: The Offering To Residents
Mitch Hammond 05/06/2023
1494
Life In Wembley Park: The Offering To Residents
Historically, Wembley was a small village in the countryside. Located in North West London, Wembley has many Victorian homes of modest sizes, and it hardly seemed like a place that could host the most iconic sporting and music events.
The building of the world-famous Wembley Stadium changed Wembley forever. Now, Wembley has developed into a hotspot investment zone for several reasons.
Urban Regeneration
In March 2016, Quintain launched the UK's largest-ever Build to Rent scheme. Quintain promised to deliver 5,000 homes in the area. A new town hall and the impressive London Designer Outlet soon followed. Wembley continued to impact the world with several new developments, including Union Park.
Why rent in Wembley?
Wembley has lots to offer to those looking to rent apartments. The average price for renting a decent property in Wembley is around £1,650 per month. There are properties of various types, styles, and sizes, catering to a wide range of renters and buyers. Many young professionals are not yet financially stable to invest in property yet. That explains the premium cost of rentals in Wembley.
Historical Properties
You can rent elegant terraced and semi-detached homes built in the 1930s along the Metropolitan Line. These properties are ideal for families with children as it suits their growing needs. There are also many established primary and secondary schools.
Why live in Wembley?
Many people do not consider Wembley the most obvious place to live. They believe Wembley has commuting issues and will probably not meet their lifestyle expectations. But you will be surprised at what you see and experience. Undoubtedly, Wembley is relatively far north. However, Paddington Station and Marylebone Station are both commutable within 45 minutes. Due to the urban regeneration, there is competition among developers to get people to stay in these homes.
The new generation is moving into Wembley, and they find the location attractive and way beyond their expectations. In addition to Wembley Park, BOXPARK Wembley is a social space for young professionals. The London Designer Outlet is also within walking distance from Wembley Stadium. Although there are several established Build to Rent developments in Wembley, demand will continue to exceed supply. An average studio will cost around £1,600, with larger ones costing substantially more.
Visit Ringley Popular pages:
Page 1: Ringley Group
Page 2: Leasehold Guidance
Page 3: Ringley FAQs
Page 4: Ringley Blogg
| £4,861 pcm (£1,121.77 pw) |  4 |
| Wembley Park Boulevard, London, HA9 0SL | |
Planetrent Properties
info@planetrent.co.uk
0208 0599 550 (for sales)
Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.