Off-plan new-build buyers may see five-figure gains before completion, says Foxtons
Original Article Summary
Although purchasing off-plan can deliver significant gains, the strategy does not come without risk
Investor Analysis
Foxtons research shows London off-plan buyers can see ~4.9% value growth (averaging £26,255) between exchange and completion over a typical 21-month build period, with premium boroughs such as the City of London projecting uplifts exceeding £55,000.
Investor Relevance
Directly relevant to investors considering London new-build acquisitions — the data quantifies an embedded return from capital appreciation during construction, which materially affects acquisition timing strategy, pricing assumptions, and the relative attractiveness of off-plan vs. second-hand stock.
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