What makes King’s Cross a great place to invest?
The regeneration taking place in the area over the last 5 years is only the start. The continuing development of the King’s Cross area coupled with a vast regeneration plan for neighbouring Euston due to begin imminently, means that 21,000 new jobs will be created in the area which is raising rent expectations in the vicinity, making the area an attractive investment prospect.
What excites you most about the redevelopment?
It’s exciting to see an historic, and previously run down part of our city transformed into a sought after hub for businesses, travel and residential developments. The new developments have also brought plenty of new bars, shops and restaurants transforming the area into a social destination as well as a major centre for business.
What is the investor landscape like? Where are they from and what are they looking for?
Investors from all over the world are looking to purchase in King’s Cross. With further redevelopment taking place, investors consider the area as being one of the best prospects for capital growth over the next ten years.
What would be your top tip for investors?
I would advise investors to secure property purchases in the area before the further redevelopment of King’s Cross and Euston take place and property prices in the area rocket as predicted.
What’s next for King’s Cross and surrounding area?
The continuing regeneration of King’s Cross and Euston is enticing major high profile companies to relocate their headquarters to the area, Google, Louis Vuitton and Fortnum & Mason to name a few, have all secured commercial space in the area promising to make the King’s Cross area London’s next major business centre.
About Paul Eden
Having developed a keen interest in the property industry at a young age, Paul initially developed the concept for Regal Homes at the age of 13. By 17, he had set up his own agency to provide developers with residential opportunities, before founding Regal Homes in 1998, at the age of 23. Since Regal Homes inception in 1998, the company has completed over 1,200 units and is now a multi award winning developer.
The company is built upon a strong financial foundation, allowing the business to progress and expand rapidly. During the last two years alone, Regal Homes has employed an additional 150 staff, commenced the construction of numerous projects and acquired several significant new developments.
2015 was a truly notable year for Regal Homes, winning Gold for “Best Exterior Design” for Banyan Wharf at the 2015 What House? Awards, in addition to achieving an award for “Best Small Housebuilder”. Furthermore, the company was shortlisted at the prestigious RESI awards and achieved “Best Architectural Merit” at the London Evening Standard Awards.
With the ambition to be the “best in London” the Regal Homes brand is synonymous with quality, in both developments and customer service. The company’s ever increasing award wins, partnerships, innovative architectural design and construction methods indicate that the Regal Homes success story is set to continue in 2016 and beyond.