We have enjoyed a busy summer for both lettings and sales in Acton, and are expecting a strong autumn.
The lettings market has been extremely competitive, with many tenants keen to move in before their university course or graduate job starts. We’ve also seen buyer registration levels increase on the sales side, thanks to extremely competitive mortgage rates and the fact Christmas is approaching, which is when a huge majority of potential homeowners start their property search.
It’s both families and young professionals who are looking to buy in W3, attracted to the area’s new developments, excellent transport links, and relatively affordable house prices.
There are lots of new developments in the area too, which are only adding to Acton’s appeal:
•The South Acton Gardens redevelopment project to transform the old South Acton estate has progressed really quickly, and we’ve already seem amazing changes
•The Oak Shopping Centre has been demolished and the rebuild has commenced which will include new homes and shops - one being an M&S Food Hall
•The highly anticipated Crossrail is due to launch in 2018/19 at the Acton Main Line (Horn Lane)
•The Night Tube has arrived in Acton, with the Central Line running 24 hours a day on weekends from North Acton, East Acton and West Acton. The Piccadilly Line at Acton Town will run 24 hours a day on weekends from October
•A new Filmworks cinema is coming to Ealing, along with new affordable homes, shops, restaurants, and a new town plaza. Work is expected to begin in late 2016 and is due to be completed by 2018
Alena & Stuart - Acton Lettings & Sales Managers - Autumn 2016