Located in North West London within Zone 2, North West Quarter is part of South Kilburn, close to the traditional affluent areas of the Royal Borough of Kensington, Chelsea, and Westminster. North West Quarter is set to be completed in 2026, which implies a huge potential for property value appreciation. North West Quarter is in a prime location in Queen’s Park, with a prestigious NW6 postcode, and close to the Bakerloo line, providing direct access to central London within half an hour. The area offers a beautiful environment with a wide range of amenities and a rental return of 5%*, which is higher than the neighbouring areas. The brand-new phase of North West Quarter is now available for sale in Hong Kong for the first time, and is definitely a rare investment opportunity in London.
South Kilburn is very close to central London and benefits from a 15-year large-scale community redevelopment programme by Brent Council. The project began in 2018 and will be completed around 2033. The redevelopment project includes the construction of 2,400 high-quality homes, new medical and retail facilities, schools, and urban parks and public spaces. The redevelopment project aims to transform the area into a vibrant, sustainable, and desirable place to live and work. The redevelopment project offers significant potential for property appreciation in South Kilburn, with CBRE research statistics indicating that property prices in the redevelopment area are rising by an average of 3.6%* per annum. Additionally, Brent’s five-year average property price growth forecast of 22%* is higher than London’s 19%*.
The prestigious NW6 postcode further demonstrates the prime location of North West Quarter. The project boasts convenient transportation and complete living facilities, with an average property price of about £1.4 million*, lower than that of the London city centre. As a result, it has gained popularity among young professionals. A one-bedroom unit in North West Quarter starts from £550,000*, while a two-bedroom unit starts from £725,000*. Compared to neighbouring upscale residential areas such as Maida Vale, the prices are quite reasonable, making the project a popular investment choice in NW6. Additionally, with lower property management fees and zero ground rent, the daily expenses for property owners are significantly reduced, resulting in lower entry barriers and the opportunity to acquire high-value assets at the best price for immediate investment.
Foxtons predicts a high annual rental yield of 5% for North West Quarter, surpassing other properties in the same area, including the fashionable residential area of Maida Vale, favoured by the affluent. Maida Vale is known for its proximity to the famous Abbey Road, Georgian-style buildings, and tree-lined avenues that were immortalised on the iconic album cover of The Beatles. It attracts numerous visitors daily who come to take photos. The neighbourhood where Maida Vale is located is called “Little Venice” due to the picturesque scenery along the streets flanking the Grand Union Canal and Regent’s Canal, adorned with green trees. It also features a variety of distinctive restaurants, cafes, and bars, making it a favourite among middle-class British families, leading to high rental demand. However, Maida Vale currently has no new properties available on the market. Therefore, middle-class individuals who desire to live in the Maida Vale area have naturally turned their attention to the similarly attractive North West Quarter, making it an ideal choice for investment or buying property for rental purposes.
Located in the popular residential area of Queen’s Park, the project benefits from convenient transportation with multiple bus routes and underground stations, allowing easy access to central London and surrounding areas. North West Quarter is only a 5-minute^ walk from Queen’s Park underground station. From there, a 7-minute^ ride on the Bakerloo Line takes you to Paddington station, where you can transfer to various underground lines such as the Hammersmith & City Line, Circle Line, and District Line, providing connections to different destinations. Queen’s Park underground station is a 14-minute^ journey to the shoppers’ paradise at Oxford Circus, and it takes approximately 22 minutes^ to 32 minutes^ to reach the core business districts of Bank and Canary Wharf. Furthermore, the area is served by multiple bus routes, and there is a bus stop at the project entrance, allowing easy access to Hyde Park and Victoria Station via Bus Number 6. Additionally, the location provides convenient transportation to airports, with City Airport, Gatwick Airport, and Heathrow Airport all reachable within an hour. Whether it’s transportation options or travel time, North West Quarter can be considered as convenient and well-connected as Zone 1.
The South Kilburn redevelopment plan includes environmental greening, so there are many green areas around North West Quarter, including several famous parks such as Queen’s Park, Hyde Park, Hampstead Heath, and Regent’s Park. Queen’s Park is a 7-minute^ walk away and offers park facilities such as a children’s playground, a French boule skating rink, and a Quiet Garden, catering to various leisure needs. By taking the Bakerloo underground line, you can reach Regent’s Park, a Grade I protected park with the largest grassland in central London, in just 12 minutes^. It provides residents with a retreat from the urban hustle and bustle. Adjacent to Regent’s Park is Lord’s Cricket Ground, one of the most famous and historically significant cricket venues worldwide, hosting numerous historic matches.
The surrounding area of North West Quarter is home to 13 highly regarded preschools, primary schools, and secondary schools suitable for various age groups. These include Paddington Academy, rated as “Outstanding” by Ofsted, as well as Queen’s Park Community School, Broadhurst School, and West Hampstead Primary School, all rated as “Good”. These excellent educational institutions provide high-quality education for children and teenagers. Furthermore, renowned universities such as the University of London, Central Saint Martins, and Imperial College London can be reached within approximately a 30-minute^ drive. This makes the location suitable for young professionals and ideal for families with children. It is highly popular among young families seeking quality education opportunities.
Countryside Homes is part of the Vistry Group, the UK’s largest mixed tenure developer with over 60 years of experience in building communities. Countryside Homes is committed to creating high-quality sustainable communities through exceptional design, construction, and management, providing residents with an excellent living experience.
The project’s modern and energy-efficient design is tailored to the needs of the residents. It incorporates natural insulation and district heating systems to reduce carbon emissions and energy costs, considering the residents’ actual requirements. North West Quarter offers 1, 2 and 3 bedroom apartments with practical and efficient layouts, equipped with Bosch high-end appliances and underfloor heating systems. All units in the project are equipped with private balconies overlooking the park offering green views from the open plan living area. . All residents can access the rooftop terrace garden and public plaza in the heart of the development, fostering neighbourly interactions and creating a friendly community environment.
With its convenient transportation, beautiful environment, abundant educational resources, and modern design, North West Quarter is highly suitable for young professionals and families looking to invest. North West Quarter will be completed in the fourth quarter of this year, the developer is now launching this value-for-money project in Hong Kong, with one-bedroom units from £550,000* and two-bedroom units from £725,000*. Don’t miss out on this investment opportunity!
To learn more about North West Quarter and its investment opportunity, you can register to attend the North West Quarter property exhibition. Please click here to register.
Date: 17th-18th June (Saturday and Sunday)
Location: Victoria Room, 2/F, Mandarin Oriental, Hong Kong
Disclaimer: *Prices and details are correct at the time of going to press. Expected rental yield per annum, not guaranteed. ^Travel times are an approximation only, sourced from Transport for London and may reference driving, public transport, cycle and/or walking times. Planning permission No.: 19/3259 granted by London Borough of Brent. Lease Term: 260 years (from 31st March 2021). Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Computer generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Property reference number: BRHK-UK230602. Last update: 16th Jun 2023. Benham & Reeves (Hong Kong) Limited License No. C-092169.
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