Barratt London launches royal gateway

HONG KONG, 30 April 2024 - Following an increasing demand seen for UK investment opportunities, UK’s leading property developer, Barratt London, will be launching Royal Gateway to Hong Kong investors on 11^th and 12^th May 2024. Royal Gateway is located in the popular hotspot of Acton, in the thriving London Borough of Ealing. The development will offer 300 new apartments with a range of amenities and access to White City in 5 minutes, Paddington in 7 minutes, Bond Street in 11 minutes and Heathrow Airport in less than 20 minutes. The area’s regeneration plans include a new high street and two major campuses for Imperial College.

Following the success of its now fully completed Western Circus development nearby, Barratt London is launching off-plan sales for its latest project with first completions due in 2026. The four-acre brownfield site will be transformed into 300 one, two and three-bedroom apartments and penthouses.

Set amongst landscaped gardens and benefitting from a host of amenities, the development will offer three private roof terraces with sweeping views of the Capital, concierge, gym, residents’ lounge and play areas. While these may be commonplace in prime central London, the provision of a resident’s lounge is less common for Zone 3 and will help to provide future residents with convenience and peace of mind.

Royal Gateway is set across six red and buff brick buildings, reaching up to 16 storeys and providing panoramic views across London. Notable architects Allies and Morrison have designed most of the apartments to offer dual aspect and all courtyard facing homes are surrounded by green open spaces. In a nod to the development’s regal title, each building will be named after a different gem cut – the first phase named Marquise Residences.

Inside, every home will be bright and inviting, with large windows, designed to let in plenty of natural light. Living spaces open onto a balcony or terrace, extending living spaces and helping to bring in the outdoors. With Barratt London’s careful attention to detail and finishes on the inside, the layouts offer versatile living space with room for a home-working area to suit hybrid workers.

North Acton is set to undergo huge regeneration over the coming years, with £26 billion earmarked for its future. The wider 1,600-acre regeneration masterplan is the largest of its kind in the UK. Alongside thousands of new homes, the regeneration includes plans for a new high street and two major campuses for Imperial College. Since work began on the Elizabeth Line (formerly Crossrail) in 2009, average prices in W3 have jumped 117%, according to JLL, to an average of £675,000. This rise outperforms the rest of Ealing, up 98% in the same period, and the London average of 104%. Elizabeth Line postcodes have also seen a steep rise in rental yields with a 19% hike for homes near the Acton Mainline in the last year.^[1]

Ealing is the fourth largest borough in London in terms of population size and has seen growth of 8.5% in the decade to 2021 (higher than the England average of 6.6%), marking the popularity of this diverse, multicultural and vibrant part of London. The borough is also affectionately known as ‘Queen of the suburbs’. By 2046, the number of households in Ealing is projected to have grown by 23% in 25 years, so there is likely to be significant, ongoing demand for rental property in the area^[2].

Part of the reason for the area’s popularity are the fantastic transport connections, so being car-free is an easy lifestyle choice to make. The area acts as a gateway to London. Royal Gateway is a short walk to North Acton tube station on the ultra-convenient Central Line and also Acton Main Line station, served by the new Elizabeth Line, offering services to White City, Bond Street, Canary Wharf and London Heathrow Airport.

Once HS2 is fully operational, nearby Old Oak Common will be the best-connected and largest railway station ever built in the UK. The new super-hub will provide high-speed rail services to the Midlands, Scotland, the North, alongside Wales and the South-west, with additional access to central London and Heathrow via the Elizabeth Line.

Acton also offers a great place to live and work, with major companies such as clothes brand Boden, Danone, PepsiCo and Paramount Pictures based in Acton or the nearby Chiswick Business Park. Churchfield Road, in the heart of Acton, is home to a number of independent shops and cafes. Families will be impressed by the wide selection of schools, with 152 schools in the Acton area rated as Outstanding or Good by Ofsted within a three-mile radius. It is also within two miles of the Imperial campus at White City.

Acton residents are surrounded by wonderful, nearby neighbourhoods such as Notting Hill, White City, Shepherds Bush and Ealing. As a borough, 44% of Ealing’s land area is covered by green space, including Acton Park, with its putting green, skatepark and tennis courts and the 24 green flag rated parks and wide-open spaces, including North Acton Playing Fields. The borough of Ealing came in fifth place in the whole of London for biodiversity according to a study of trees reported by CBRE.

Barratt London already has a proven track record in Acton after the completion of Western Circus, a scheme that helped kickstart the area’s transformation. Following on from that success, Royal Gateway brings thoughtfully designed, high-quality apartments created for those who prize community, connectivity and having everything at their fingertips.

Craig Carson, Managing Director at Barratt West London, said: “Acton is one of London’s most well-connected spots, with a plethora of fast transport links that will only be boosted once Old Oak Common opens. Royal Gateway will build on an already vibrant community, providing a diverse range of housing options for everyone from young professionals to investors. With the potential for good capital growth and high rental demand for investors, we anticipate strong demand for new homes when we launch off-plan in May.”

Neil Bowron, Senior Director at JLL adds: “With an exceptional design, amenities and location, this latest launch from Barratt London is not only a prime investment product, but with its capital value it is the perfect owner/occupier opportunity too. What’s more, property values in Acton have experienced consistent price growth over the last five years rising by 40% and outperforming Greater London by 13%. All eyes are definitely on Acton at the moment, with £26bn being invested in the local area, the new High Speed 2 super-hub opening at Old Oak Common, combined with ease of access to Imperial College, we believe that real estate in North Acton will continue to offer a solid investment proposition.”

There are 300 new homes at Royal Gateway, from one-bedrooms to three-bedroom family homes, each one with a balcony or terrace. Prices start from £450,000 (about HKD4.39 million). To find out more, visit https://www.barratthomeshk.com/ or contact +852 9727 7731. 

_{^[1] Source:Goodlord. Goodlord analysed data from more than 14,000 tenancies within the postcodes of 13 Elizabeth Line stations in the year to April 2023.
^[2] www.ealing.gov.uk: JSNA 2021 Population Characteristics}

Barratt London has been building high-quality homes in the UK capital for more than 40 years. A division of Barratt Developments - the UK’s largest housebuilder - Barratt London has already completed more than 50,000 homes in the city and invested £137m in the past three years.

With a wide range of homes available across London, the company specialises in seeking out regeneration areas with high rental yields and great transport links, including sites in partnership with Transport for London, where it can build sustainable developments and create thriving communities. Multi-award-winning Barratt London has a satisfaction rate of more than 90%, better than any other major UK housebuilder.

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Barratt Developments is the UK’s largest housebuilder, creator of more than half a million homes across Britain over the past 60 years. A FTSE 100 company, Barratt is known for its quality builds, gaining five stars for a record-breaking 15 years in a row in the HBF New Homes Customer Satisfaction Survey, and winning more NHBC Pride in the Job Quality awards than any other housebuilder for the 19th year running.

For more information visit www.barrattdevelopments.co.uk or follow Barratt Developments on LinkedIn - https://www.linkedin.com/company/barratt-developments-plc/