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All aboard: Crossrail is already sending buyers and tenants flocking to Ealing

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The Ealing, Hanwell, Northfields and Acton property markets are getting busier by the week, thanks in part to the future arrival of Crossrail, due to be completed at the end of 2019. “Much of Acton’s recent popularity is down to the ‘Crossrail effect’. From December next year, Acton residents will be able to get to Bond Street in under 10 minutes and Liverpool Street in 16 minutes,” says Robert Podgorny, Lettings Director at Robertson Smith & Kempson Acton. “Acton is probably going to become one of the best-connected spots in West London.”

“Significant regeneration and developments are really starting to change the image of Acton,” says Nick Fleming, Sales Director. “This is enticing the buyers that traditionally would have gone to Chiswick! Buyers looking to upsize from Notting Hill and Brook Green are drawn to the value they find in Acton's Poet's Corner, with its wide range of quaint Victorian cottages to double fronted detached Edwardian houses.”

“There will be plenty of new developments in Hanwell, with over 400 units being built close to Hanwell station in readiness for Crossrail,” says Paul Moynihan, Sales Director. “Most of these units will be sold with the Help to Buy scheme, which will be a great benefit to first time buyers looking to enter the market.”

Northfields is equally busy. “We have seen a sustained flow of new buyers to the area attracted by the excellent state and private schools, superb leisure and shopping amenities, beautiful parks and the fact the comprehensive transport links will be supplemented by Crossrail,” says Ronan McNamara, Director. “In Northfields, a substantial house can still be purchased for below £1,000,000 and therefore below the price levels mostly affected by the stamp duty changes.”

“Our lettings teams are busy across the Ealing Borough,” says RSK Northfields Lettings Director Micaela Tong. “2018 has seen our best months ever in terms of lettings; I’ve been here for 17 years and haven’t seen anything like this level of demand from tenants!” Families and corporate tenants alike are moving here, according to Micaela. “Our Corporate Lettings and International Relocation department deals with enquiries from companies and individuals from around the world looking torelocate here. We've seen a big increase in the level of corporate enquiries this year, which is great for our Landlords – corporate tenants tend to prefer long-term tenancies, which minimises any void periods.”

 
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