Horley Property Investment Guide

The perfect take-off for your investment 2 minutes to Gatwick Airport

Horley has two major purposes which make it a great investment. Primarily it supports the major international airport at Gatwick. It also benefits from being a commuter town with fast trains from Horley station reaching London Victoria in as little as 33 minutes.

2015 is a big year for Gatwick Airport, which could see it benefit from permission to build another runway. This will create a huge opportunity for the town of Horley to expand exponentially.

Gatwick Airport already contributes some £2 billion to the economy in London and the South East and employs about 43,500 people both directly and indirectly. Of the 21,000 on-airport staff 46% commute from within a 10 mile radius. Gatwick is constantly striving to improve commuter links for its workers and passengers and £50 million has been pledged by the UK Government to develop the railway station concourse by 2020.

Gatwick is already the world‘s busiest one-runway airport.

A recent study proposed that building another runway could create a further 17,000 jobs at Gatwick and the surrounding area. On the back of this it has been calculated that local housing will need to increase by a further 7,000 units to keep track of demand.

In addition to Gatwick‘s growth there‘s also the increasing trend of city workers moving out of the capital and into commuter towns searching for better value for money as London house prices sky-rocket.

Evidence shows that prices in these towns are set to rise significantly in the next five years, resulting in some exciting opportunities for property investors.

Currently, areas within an hour’s commute of London are predicted to rise by 23.3% by 2018. Horley is outperforming this estimate as council figures put population growth at 30% by 2021. With demand greater than supply for homes in the area, prices in Horley are strong and predicted to grow.

That means Horley property investment is ideal for you if you're looking for a London commuter belt property.

Economy & Employment

Gatwick is a substantial employer providing around 23,500 on-airport jobs to the region.

The proposed new runway could add a further 17,000 roles across many companies.

As well as being a direct employer, Gatwick provides a further 20,000 jobs indirectly. The airport provides Horley with a constant flow of overnight travellers. The resulting hospitality sector means many local businesses supply meals and accommodation for those flying from the airport and local shops benefit from increased footfall.

Businesses are drawn to Horley because of the close proximity to the airport. Spire Gatwick Park Hospital is a private facility in Horley which offers a range of services from diagnostic imaging to cosmetic surgery. Its close proximity to the airport means it’s an attractive prospect for international patients. It also provides employment for over 150 medical professionals who would benefit from local housing.

Other major companies include SGN. From their headquarters in Horley, SGN manage distribution of natural gas to 5.8 million homes across Scotland and south-east England.

Investment

Gatwick Airport is undergoing a new£1 billion investment programme to make it Europe’s airport of choice.

Gatwick Airport serves more destinations than any other UK airport and is the best connected point-to-point airport in Europe. Last year 36 million passengers flew to around 200 destinations.

Currently, Gatwick contributes around £2 billion annually to the economy of London and the South East.

The airport has already invested £1.2 billion in runway, terminals and forecourt improvements as well as upgrading facilities and expanding transport connections.

The airport continues to grow year on year and projections estimate 43.8 million passengers could fly from Gatwick by 2018. That’s an increase of nearly 22% in only 4 years. And this is without the addition of a new runway.

The Airports Commission was established in November 2012 to evaluate the additional capacity required by UK aviation. The decision is now between a new runway at either Gatwick or Heathrow for delivery by 2030.

The final report is due Summer 2015 and should cause both the economy and house prices in the chosen area to immediately strengthen and boom in the long-term.

Transport

Air: London Gatwick International Airport is just minutes away by bus or car. The airport flies to over 200 destinations in 90 countries. As Gatwick’s planes fly to more locations than any other UK airport Horley gives you the best airspace access in the country.

Rail: Trains run frequently from Horley station to London Victoria. The fast and direct service can take as little as 33 minutes. Trains from Gatwick Airport arrive at London Bridge in just 28 minutes.

Road: Just a few minutes’ drive from Horley is the M23 motorway leading direct into London, as well as the M25 London Orbital road. The A23 heads towards Brighton and the South Coast in under 50 minutes.

Bus: The Fastway bus service provides a 24-hour service that links Horley to Gatwick and Crawley. Recent £2 million investment has added a rail to bus interchange at Horley railway station further enhancing the transport provision.

Education

Horley has 1 secondary school, 4 primary schools and four infant schools. Two of the primary schools are brand new having recently opened to meet the demands of the growing population.

Notable schools include: Trinity Oaks Primary School is a new school that opened in September 2014.

Langshott Primary School has just expanded from an infant school to take an additional 240 pupils up to age 11.

Oakwood Secondary School has a sports centre with a gym, Astroturf pitches and several activity halls. It has several successful athletic alumni.

Further Education: Central Sussex College’s Crawley campus is a short journey from Horley. The institution houses Le Cordon Vert, a hi-tech training restaurant with a 5-star rating. There is also a trainee hairdressing and beauty salon called Intuition and a wide range of state-of-the-art vocational training facilities.

Higher Education: Horley is only a 33-minute commute to central London. This means the town has access to the best universities London has to offer such as London School of Economics and University College London.

Shops & Leisure

Shopping & Dining: Horley town centre is a relaxed and pleasant shopping environment with an emphasis on independent shops and clothing boutiques. Larger retailers are close by at Gatwick Airport where many big name brands reside.

The town boasts a large late-night Waitrose as well as a wide selection of restaurants and gastropubs near the station. This means Horley caters perfectly to hard-working commuters who need to eat on the go.

Sport & Culture: In 2011 the council invested £9 million in a new leisure centre providing residents with a modern sports complex, 25-metre indoor pool, gym and sports hall.

The Archway Theatre is a 95 seat auditorium under the arches of Horley station. It has a varied production programme and names local actress Judi Dench as a patron.

Green Spaces: Horley boasts a great expanse of riverside paths. The Riverside Green Chain – a belt of open public spaces – features the attractive waterways of Burstow Stream and The River Mole. The initiative links Horley’s many parks and woodland areas, increasing the area’s desirability to prospective residents.

 

About the author

brettalegrewood

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Ezytrac. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids. Brett holds both the Level 3 Property Mark Qualifications for Property Sales and Property Lettings and Management.


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