The NW9 postcode lies within a prime regeneration zone in North West London, where a wave of new-build homes is transforming the area into a sought-after outer London neighbourhood. Colindale Gardens is one such development that offers homebuyers access to exceptional amenities and landlords attractive rental yields.
Located on the site of the former Hendon Aerodrome, which has now been transformed into beautiful housing estates, Colindale Gardens stands out as an exciting regeneration-led opportunity in Colindale’s NW9 postcode. It is also over here that Benham and Reeves have been the top-selling agent for three years in a row. The area’s improved infrastructure and connectivity have increased rental demand, directly impacting investment potential. Read on to find out why investors are choosing Colindale.
Why NW9? The Northern Line advantage
Colindale Tube Station on the Northern Line has been upgraded significantly to accommodate more passengers and has also added facilities like step-free access, cycle parking and more. With central London less than half an hour away, this Zone 4 neighbourhood in NW9 is becoming popular among City professionals and those working in the West End and even Canary Wharf.
Thameslink
In addition to the Tube, residents can also opt for the Thameslink service from nearby Hendon Station.
Bus and road connectivity
For those wanting to travel by public road transport, the Superloop (SL10) express route offers quick shuttles between Harrow and North Finchley via Colindale. The A5 Edgware Road and North Circular (A406) are also easily accessible from here.
Consistent tenant demand: Who’s renting in Colindale Gardens?
The NW9 postcode is highly rated by letting agents and investors, as rental demand in the area is usually very strong, supported by a diverse and stable tenant base. Tenant profiles include:
Young professionals priced out of expensive Zone 1 and 2 areas, seeking affordable rentals while also prioritising fast commutes.
Students and faculty of Middlesex University, which is just minutes away, as well as other top universities across the city.
Couples, sharers and families looking for modern, affordable and well-connected homes.
Most rental homes in the area are typically let within 2 to 4 weeks of coming to the market, and experience high absorption with minimal void periods, helping landlords maximise their rental returns.
Rentals at Colindale Gardens: What landlords can expect
Our Beaufort Park branch in Colindale works with many local and international landlords who have invested in Colindale Gardens and its surrounding areas. The current rents we are achieving for landlords are as follows:
Property type
Monthly rent
Tenant demand
1-bedroom apartment
£1,750
High - Young professionals
2-bedroom apartment
£2,400
High - Couples and sharers
3-Bedroom Apartment
£2,900
Steady - Families and students
Note: These figures are indicative and may vary based on the unit size, furnishings and general market conditions.
Competitive pricing
According to recent house price indices, the average house price in Colindale is around £450,000, which is nearly 34% cheaper than the current London average of £680,000. This affordability, combined with its lifestyle appeal and excellent connectivity, allows landlords and investors in the area to earn attractive yields of up to 6%.
Colindale Gardens: Modern living in a regeneration hotspot
Set within nine acres of beautifully landscaped green spaces, Colindale Gardens by Redrow is a modern development featuring spacious one, two and three-bedroom homes with private outdoor space and parking availability. The homes also include stylish layouts, high-quality finishes and energy-efficient design features. World-class amenities at the development also include
A wide four-acre park for playing and outdoor walks and runs.
A fully-equipped gym, sauna and steam room for workouts and unwinding.
24-hour concierge service for delivery assistance.
The development is also only a short 5-minute walk from Colindale Tube station, further enhancing its rental appeal to students and working professionals.
As an integral part of the broader Hendon Aerodrome transformation, which has attracted billions of pounds in investment, Colindale Gardens is a fast-selling London regeneration property scheme attracting investors from around the world.
Here’s what makes Colindale Gardens a resounding success story in North West London.
Benham and Reeves: NW9's most trusted lettings agent
High rental demand in NW9, supported by competitive pricing, convenient transport links, regeneration-led growth and a vibrant lifestyle, makes Colindale Gardens a valuable investment choice for young homebuyers and landlords. Using our local knowledge and expertise to support your investment can further help capitalise on this demand.
Whether you're looking to invest, buy, or let in Colindale Gardens, our Beaufort Park team is ready to help you make the most of this exceptional opportunity. Get in touch today.
Watch our short video explaining all the benefits of investing in Colindale Gardens
About the Author
Thomas Grossi
Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents.
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