The Exchange, Watford, is Berkeley’s vibrant new development offering an exciting opportunity for homebuyers and investors who want exceptional value without compromising on lifestyle or location.
The 2024 UK Vitality Index has ranked Watford as the best place in the country to live and work, while the Garrington Best Places to Live Index 2024 places Watford in the top 1% of towns. Just minutes from Watford Junction station, this new neighbourhood will provide the perfect blend of convenience and modern living.
The town is undergoing a major regeneration. Over the next 10 years, £180m has been committed to its transformation, creating thousands of jobs and improving infrastructure and services.
Atria shopping centre has 140 shops and restaurants, and a cinema, while the Town Hall Quarter is being rejuvenated to create a cultural hub of historic buildings and commercial spaces. There are 18 parks in the area totalling 444 acres, including the 188-acre Cassiobury Park only 15 minutes’ walk from The Exchange.
Watford is fast becoming one of the South East’s most popular destinations for commuters; trains to Euston from Watford Junction take just 14 minutes and the town has ranked in the Top 3 destinations (out of 211 towns within 10 miles of Greater London boundary) for renters moving out of the capital who want an easy commute.
The M25 is only a 12-minute drive away and for international travel, London Luton Airport is just 28 minutes away by car and Heathrow Airport is 45 minutes.
Buyers can benefit from strong investment potential. Since 2020, rents for new two-bedroom apartments have increased 10.3% annually, outperforming all other districts fringing London, and the average tenancy is more than four years. Over the last two years, annual rental growth in Watford for apartments has been 11.3% (versus 1.2% for central London).
Union Court, the first phase at The Exchange, will have apartments ready to move into in early 2025, offering the style, specification and excellent placemaking that buyers expect from a Berkeley home.
Residents will enjoy a 24-hour concierge, a gym, business lounge, and cinema alongside 1.6 acres of landscaped gardens and 15,000 sq ft of commercial space.
Studios, one, two and three-bedroom apartments are available from £322,500. To book a private appointment and view the showhome, call 0203 9305 171 or visit theexchangewatford.co.uk
