H3 – Next London property Hotspot ?

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H3 is not a new London bus route, but a much undervalued area of North West London. H3 represents Harrow-on-the-Hill station, Harrow & Wealdstone Station and Headstone Lane Station.

The three H3 stations lie in the London Borough of Harrow and form a golden triangle of opportunity for:

  • First time buyers (its affordable compared to virtually all other London boroughs, price per square foot)
  • Buy to let investors (yields of 6% upwards and generous incentives from the local authority)
  • Families with children (plenty of excellent state and independent schools, one of the safest and greenest boroughs in London)
  • Zone one commuters (fastest trains reach Euston and Marylebone in 15 and 20 minutes respectively)

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Harrow-Hill-Station
Harrow on the Hill
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Harrow-Wealdstone
Harrow & Wealdstone
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Headstone-Lane
Headstone Lane
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In a nutshell, it is the latter point that is most significant. H3 provides access to an incredible transport hub into central London, out to the London suburbs and further a field to the Chilterns, Midlands and South coast via:

  • Metropolitan Line and Bakerloo Line
  • British Rail stations – Chiltern, Watford DC Line, Southern and London Midland
  • London Overground
  • Integrated bus service
  • M1, M40 and M25 motorways

Over the last three years, London Borough of Harrow has become one of the most improved boroughs in London. Its leadership is driven and has finally woken up to the boroughs potential for explosive growth. It is now rolling out free super fast WiFi in all of Harrow’s busiest public places.

The planned redevelopment of the 57 acres Kodak site by Land Securities lies in the heart of the H3. This will radically transform the corresponding neighbourhoods by integrating residential, leisure, commercial and infrastructure opportunities.

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Kodak-Site
Kodak Site
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H3 in the next 10 years will be the catalyst for revitalising this part of London and in the process shake up the reputation of Harrow as a whole. Investors will learn to love H3 as prices start to rise by 20 per cent annum. Could this be the next London property hotspot ?