Exciting changes are coming to North Finchley, as Regal and Joseph Partners unveil ambitious proposals to regenerate the town centre. This project promises a vibrant future for residents and landlords alike, bringing new homes, commercial opportunities, and enhanced public spaces to the heart of the community.
At David Harris & Co, we know new homes are needed in the local area, and we are keen to see Finchley thrive. New developments don’t just offer opportunities for new people to come to the area, they’ll hopefully improve the local area for existing residents, landlords and businesses.
The regeneration plans are set to bring 1,100 new homes to North Finchley across four key sites, with some buildings reaching up to 25 storeys. This influx of new residents will significantly boost the local economy, adding an estimated £15 million annually in household expenditure and another £1.8 million in employment-related spending. For landlords, this means a surge in demand for rental properties, as more people are drawn to the revitalised area.
The proposals also include much-needed improvements to the town’s infrastructure. The development will feature new commercial spaces, providing opportunities for businesses to thrive, and a brand-new library on previously underused brownfield sites.
Local landlords and business owners should expect a rise in footfall as the area becomes more attractive to both residents and visitors.
Changes to the town’s roads and highways are also in the works. Following consultations with Barnet Council and Transport for London, the plans aim to prioritise pedestrians along Ballards Lane. These upgrades include widened pavements, improved bus facilities, and the planting of 150 new trees to enhance the area’s greenery. This focus on walkability and greener spaces will make North Finchley an even more desirable place to live and work.
For residents, the regeneration means modern housing, better amenities, and a more vibrant community. For landlords, the increased demand for properties and commercial spaces presents an opportunity to invest in this growing area.
North Finchley is on the verge of an exciting transformation—whether you're looking to rent, invest, or simply enjoy the new developments, these changes will have a lasting impact on the community.
The CEO of Regal, Jonathan Seal, said: “For nearly three years we have been working hard, listening to local residents and visitors, understanding what makes North Finchley special and how it needs to evolve. Projects of this scale and complexity require shared ambition and vision between public and private sector. Hence we continue to work closely with Barnet Council, ensuring that we can meet the new government’s intentions to build homes at pace and bring real economic benefits to North Finchley town centre.”
We have assisted many Finchley homeowners and landlords looking to let their property, and we know what tenants are looking for when searching for rental accommodation. You can take the stress out of connecting with likely tenants by turning to a local letting agent in Finchley.
If you want to make an informed decision in and around Finchley’s lettings market, we are here for you. If you have any questions about the local rental market, or you need assistance, please contact David Harris & Co today. Call us on 0208 346 9122.
