New railway line set to raise rents

For the property investor and residential landlord looking to increase their portfolio sizes then the new high speed train link from London to the continent through Kent is set to spark house prices in the area.

The new high speed line through Kent has been highlighted as a factor that will help to increase house and rent prices in the future once it’s built in 2009.

Currently Ashford international station is about one hour 23 minutes from the capital, with the new line in place in will be sub 40 minutes with Lillie, on the continent, under an hour.

The significance of the new high speed train line through Ashford will help propel it to rival more established commuter towns closer to London.

And with prices in the town about £100,000 cheaper than in existing commuter towns it is much more competitive for those investors looking for mid to long term profit on their investment or can offer a new house for the same price as an apartment in and around Greater London.

The second benefit that Ashford will have is its distance from London in that it can truly offer country living but still be readily accessible to central London for commuters.

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09/06/2008 09:02:57