Welcome to Sterling Place, an exclusive development positioned in the heart of one of the UK’s most sought-after locations. This development promises to offer contemporary living spaces tailored to meet the needs of modern residents. With an emphasis on demand and value, Sterling Place stands out as a prime opportunity for investment.
At Newbrickz, our expertise lies in identifying lucrative opportunities and streamlining investment strategies tailored for the UK new build property investment market. We are committed to delivering exceptional investment opportunities to our global clientele. Whether you are a novice or an experienced investor, Sterling Place offers compelling value with attractive rental yields and robust capital growth potential. Join us as we explore the unique attributes of this outstanding development and discover why it should be your next investment decision.
Unveiling Sterling Place: A Glimpse into the Future of Urban Living
Sterling Place, being constructed by Barratt Homes, who are one of the UK’s largest housebuilders, will consist of 456 modern one, two, and three-bedroom homes. The assortment of buildings span from 7 to 15 storeys, each offering unique vistas—from the iconic London skyline to the serene sweeps of Wimbledon and Richmond Park undulating contours of Surrey Hills. With completion of the entire site projected by 2027, this is an opportunity for investors to benefit from early entry to its first release.
Initial Investment Phase and Staggered Releases
Recently launched, Brookside Apartments is the very first building to be released in Sterling Place. Our data and experience have shown us time and time again that the first phase of a project provides the best possible uplift not just for off-plan contracts but also for longer-term hold buy to let investors. The biggest uplifts tend to occur as the site progresses and comes together and is when the developer starts to increase their prices.
Investors can secure a unit in Brookside apartments with as little as £40,000 down payment until estimated completion in Q4 2025 to Q1 2026, resulting in a build/ growth period of slightly less than 2 years.
Strategic Location and Excellent Connectivity
Sterling Place enjoys a prime location nestled within walking distance of Motspur Park and Raynes Park stations, ensuring swift and convenient access to central London with trains reaching Waterloo Station in just 24 minutes. The proximity to essential amenities, such as the adjacent Tesco Supermarket, a mere 2-minute walk away, enhances everyday convenience, affirming Sterling Place as an ideal location for modern lifestyles.
The development’s accessibility extends to leisure with David Lloyd’s premier fitness club only a 10-minute drive away. Whether it’s for travel or leisure, Sterling Place is strategically positioned, offering efficient routes to major airports and a short drive to renowned local attractions like Wimbledon Village and Richmond Park, enriching the residents’ living experience with culture and nature.
A Safe and Prosperous Local Community
Positioned in one of London’s safest boroughs, Merton, which ranks third for safety among 33 boroughs, Sterling Place ensures a secure environment. This peace of mind is complemented by the borough’s sprawling 3,770 acres of green spaces, accounting for 35% of its area, providing a breath of fresh air away from the city’s bustle.
The community of New Malden not only enjoys affluent stature with over 40% of households being high achievers but has also seen a formidable 105% rise in property prices over the last decade. Upcoming transport regeneration like Crossrail 2 promise to further enhance the area’s appeal and drive economic growth, positioning Sterling Place as a lucrative opportunity for investors.
Investment and Financial Dynamics
Investing in Sterling Place is not just about acquiring a new build property; it’s about embracing a lifestyle and making a strategic financial commitment. The apartments are competitively priced, with one-bedroom units starting from £409,000, potentially yielding rental income of up to £1,850 per calendar month and two-bedroom homes are pegged from £519,500 commanding rentals of around £2,400 pcm.
The structured payment terms further enhance the attractiveness of Sterling Place as an investment. With a modest reservation fee of £2,000 and a 10% deposit due on exchange, the balance of 90% isn’t payable until the projected legal completion between Q4 2025 and Q1 2026. These favorable terms allow for financial planning and positions Sterling Place as an accessible option for a broad range of investors.
Low Running Costs and Maintenance
The low service charge of £2.80 per sqft per annum is highly advantageous for buy to let investors as it translates to higher net rental income and overall return on investment.. Furthermore, the properties within Sterling Place are set to have an EPC rating of B which indicates superior energy efficiency, resulting in lower utility bills for occupants. Both these points not only reduce living costs but also enhance the property’s overall appeal in the rental or resale market.
Get Ahead with This Exclusive Investment Opportunity at Sterling Place
Sterling Place is more than just a residential development—it’s a portal to a future of prosperity, comfort, and connectivity. With quality homes, strategic location, and competitive pricing, this project offers a rare opportunity for investors to secure a stake in one of the UK’s most promising projects.
Are you ready to take a step towards securing your future in a thriving community? Explore the new build homes for sale at Sterling Place with Newbrickz and benefit from the strong potential this investment opportunity has to offer.