CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | STANSTED, ESSEX | |||||||
| Category: | C | |||||||
| Investor Profile | Pension, Retirement, Downshifter, Business and Cash&Equity | |||||||
| Population aged 15+: | 10,320 | |||||||
| Actual | National Average | |||||||
| Percentage Class ABC1: | 65% | 44% | ||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 6 | 1 | 3 | 2 | ||||
| Yield Range: | 4.1% - 6.4% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Flats&maisonettes | 78,400 | 117,600 | 96 | 129 | 5.7% | 6.4% | ||
| Terraced | 121,600 | 182,400 | 155 | 210 | 6.0% | 6.6% | ||
| Semi-detached | 154,400 | 231,600 | 182 | 247 | 5.5% | 6.1% | ||
| Detached | 216,800 | 325,200 | 189 | 256 | 4.1% | 4.5% | ||
| Valuations above the national average by: | 40% | |||||||
| Actual | National Average | |||||||
| Capital growth last 12 months: | 17% | 18% | ||||||
| Capital growth last 5 years: | 93% | 80% | ||||||
| Large employers in the area: | Stansted Airport | |||||||
| Demand For Letting: | Excellent | |||||||
| Average void period: | 1 week | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 7 | 3 | 4 | |||||
| Summary: | With Stansted Airport being one of the fastest growing airports in Europe and related industries moving to Stansted because of this, tenant demand can only be strong. | |||||||
| Description: | There is only one thing you think about when you think of Stansted – Stansted Airport! It has been granted permission to nearly double its passenger handling capacity from 14m to 25m by 2010. It will be the home for all the low cost European airlines such as Easyjet & Ryanair. Stansted will be therefore the gateway to Europe and will see a flow in both directions of travellers leaving or visiting. Governmental investment must follow the expansion of Stansted into the town itself to make the place an attractive place, considering it will be the first landing point for all our European visitors. Due to the expansion of the airport it will bring further industries thus creating more jobs for the town resulting in strong tenant demand. I suggest B&B accommodation will be highly sought as well as good quality homes for the professional staff such as pilots. | |||||||
| Mainline railway station: | 45 minutes to Liverpool Street, London | |||||||
| Road Access: | Main access M20 29 miles south east of Central London 2 miles from M20 | |||||||
| Local Newspaper | Herts & Essex Star Observer 01992 586401 | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Intercounty Estate Agents | 8 Cambridge Road Stansted Essex CM24 8BZ | 01279 814400 | ||||||
| Genesis Property Services | 18 Silver Street Stansted Essex CM24 8HD | 01279 817700 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Front Door Property Management | Rowe House 4, Emson Close Saffron Walden Essex CB10 1HL | 01799 525136 | www.fdpm.co.uk | |||||