HS2 Mega-Hub Regeneration in West London: A Golden Opportunity for Property Investors

The coming of HS2 to West London is turning the region into an investment hotspot, delivering an astonishing £10 billion economic boost to the area. With building on the Old Oak Common station already in progress, it's facilitating a transport-led regeneration that will deliver tens of thousands of new jobs and homes within the next ten years.

Planning applications in a 1.5-mile area around the station site have increased by 22% since HS2 received Royal Assent in 2017, a report commissioned by HS2 Ltd states. This increase in demand is evidence beyond any doubt that HS2 is generating investor confidence and laying the groundwork for robust regional growth. Overall, HS2 will enable the creation of more than 22,000 new homes and almost 19,000 new jobs, further boosting investment attractiveness for this region.

The Old Oak Common station will be Britain's most integrated transport terminus, connecting more than 100 stations nationwide. As the 42nd station of the Elizabeth Line, it will also be accessed by HS2 services, the Great Western Mainline, and Heathrow Express, making it part of the transport fabric of London.

The area for development around the station is huge, and the Old Oak and Park Royal Development Corporation (OPDC) is set to release the full potential for regeneration. Covering more than 650 hectares, the OPDC masterplan features the development of 9,000 new homes, 11,000 new jobs, high streets, workplaces, parks, and other community facilities, all to feed into the local and broader London economy.

Already, this massive regeneration scheme has drawn the attention of property developers. City & Docklands has also invested heavily in the region, unveiling One West Point, London's highest residential tower outside Canary Wharf, upon its completion in 2022. With 701 apartments and luxurious communal amenities, this is only the start. City & Docklands has also completed more than 240 new build-to-rent flats at Mitre Yard and North Kensington Gate, near Old Oak Common station.

One of the world's top 10 universities, Imperial College London, has also seen the potential for the Old Oak site. Four existing buildings in the OPDC area, such as One Portal Way and Victoria Industrial Estate, have been purchased by the university. All of these purchases are part of the UK Government Investment Summit vision for the area, making Old Oak an ever-stronger, more innovative district.

Transport-facilitated regeneration success in London is nothing new. The opening of the Elizabeth Line, which is set to assist in delivering 55,000 new homes, has shown how infrastructure investment can fuel economic and housing development growth. With HS2 and the Elizabeth Line both terminating in the region, the scope for future growth in and around Old Oak Common is immense.

Magnate Assets Comment: "Regeneration of the Old Oak Common site, led by the arrival of HS2, is one of the most thrilling prospects for property investors in London. With regeneration on a massive scale, from thousands of new homes and jobs to robust infrastructure connections, this is an area that will see breathtaking growth in the years ahead. Investors must now seize the bull by the horns and capitalise on the opportunities presented by this vibrant regeneration."

Investors looking for high-potential sites with high returns must closely monitor Old Oak Common and the broader HS2 development zone. With rising prices and increasing demand for high-quality housing, it is an investment that has the potential to deliver high capital growth in the short term.