drbubb Posted June 19, 2012 Report Share Posted June 19, 2012 High Point Village, in Hayes vs "Prime London"(WARNING - for folks in Hong Kong):COMPARISON:High Point Village, in Hayes, Middlesex - vs- "Prime London"I do believe that there is less downside and greater potential percentage returns in the first versus the second.Here, I am comparing the development described below with 375 High Street Kensington (at GBP 1500 psf), which the property agents have called "Prime Central London", but it isn't. The really funny thing is the so-called Central London location on the edge of Hammersmith, will be less convenient in some respects than the Hayes property, assuming we can believe the advertised transport times, which are:Heathrow : 6 minsPaddington : 17 minsWest End : 37 minsThe City : 47 mins375 High Street Kensington(Note: It could easily take 1 hour to get from 375 Ken.High St to Bank St. station)I don't necessarily believe the advertised times (they are often inaccurate), but this comparison does show the importance of actual transport links, rather than "brand name addresses" like Kensington High Street.High Point Village... : MasterPlan"is situated within the fast-emerging business hub of Hayes. And seamless transport links mean it is equally well-connected to Heathrow Airport, some of the most prosperous business areas, the M4 corridor and Central London. Heathrow Airport is only six minutes away. Hi-tech business parks surround High Point Village. The West End is just over 30 minutes. And with Crossrail being just seconds away, the West End and the city will become even closer."/link: http://www.highpoint....co.uk/locationIt will be interesting to see what price per sf they are asking for the Highpoint property. The advert does mention: a "projected return of 6.8% pa Gross Yield"/source: http://hongkong.asia...n-sucker-punch/ Link to comment Share on other sites More sharing options...
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