Area:ASHFORD, KENT
Category:A
Investor ProfilePension, Retirement, Downshifter, Business and Cash&Equity
Population aged 15+:47,154
ActualNational Average
Percentage Class ABC1: 

49%

 

44%

Crime:ViolenceSexualBurglaryMotor
Per 1000 population9153
Yield Range:6.2% - 8.5%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Flats&maisonettes49,60074,400811107.7%8.5%
Terraced84,800127,2001121516.2%6.9%
Semi-detached89,600134,4001201636.3%7.0%
Detached144,000216,0001952646.4%7.0%
Valuations above the national average by:11%
ActualNational Average
 Capital growth last 12 months: 

17%

 

18%

Capital growth last 4 years:78%74%
 Large employers in the area:Van den Bergh Foods, Letraset, Quest International, Techpro, Coty Manufacturing UK, Stena Line, Computer Crafts and Alliance & Leicester Girobank
Demand For Letting:Good
 Average void period:2 weeks
Total

(out of 10)

Capital Growth

(out of 5)

Yield

(out of 5)

Out of 10:954
 

Summary:

This will be an international address in 10 years time.  The Channel Tunnel Rail Link will really put this place on the map and being only 36 mins to London and 90 mins to Europe – it will be the capital of Kent.
 

Description:

This town has really seen a dramatic change in the last 100 years.  It has grown from a small railway town to now a gateway to the whole of Europe for the south east of England.

What I expect to see is the location of many medium to large sized European export businesses locating to this area due to the opening of the Channel Tunnel which will only increase the population and hence demand for rental properties.  There is a fully functional International Passenger Station at Ashford which can only mean that governmental investment in to the town will consistent and for the next 10 years at least.

The high speed railway link to London will now make Ashford (59 miles from London) a commuter town, being only 36 mins to the city of London.  I do not know of any other town being nearly 60 miles away yet a travelling time of just over half an hour to the city!  Residents here will get the best of all worlds – close to the countryside, close to Europe and close to London.

The proximity to Europe would make Ashford an ideal retirement home for those who wish to travel.  Knowing that you can be in virtually any part of Europe within the day you travel will make this town a jumping ground for those who are regular travellers but still love being UK residents.

The influx of tourists will also make the demand for hotel accommodation rise.  I suspect that quaint, very English B&Bs will be sought from the tourists as Ashford will the alternative place to visit from our capital city, London.

Due to the Channel Link the roads have seen major improvements.  The M20 is completed (and to be honest is very under-used) and the M2 is undergoing a road widening programme.  Road travelling times are going to be heavily reduced which will open up the whole of Kent but especially Ashford.

Mainline railway station:35 minutes to London Charing Cross

45 minutes to Cannon Street, London

Road Access:Main access M20

54 miles south east of London

2 miles from M20

 Local NewspaperKentish Express Series 01233 623232
 Estate Agents:NameAddressTelWeb
Gould & Harrison1 Middle Row

High Street

Ashford

Kent

TN24 8SQ

01233 646411N/a
Hunters Estate Agents73a High Street

Ashford

Kent

TN24 8SF

01233 643535N/a
Connells Estate Agents77 High Street

Ashford

Kent

TN24 8SF

01233 622206N/a
Milton Ashbury Ltd102 Manorfield

Ashford

Kent

TN23 5YP

0800 970 7349N/a
 Letting Agents:NameAddressTelWeb
Connells77 High Street, Ashford, TN24 8SF01233 634156www.connells.co.uk
Countrywide Residential Lettings01233 622212www.rightmove.co.uk
Bradford & Bingley Geering & ColyerBank St
Ashford Kent
TN23 1BP
01233 640200www.bbg.co.uk
Calcutt Maclean Standen LettingsThe Granary, Bridge St Wye
Ashford Kent
TN25 5ED
01233 812606www.calcuttmacleanstanden.co.uk
Your Move01233 645588www.your-move.co.uk/lettings