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bye bye beeb

Foreign investors snap up homes for sale on old BBC site as pound falls after Brexit vote

Developers are touting flats to Middle Eastern buyers

HOMES on the old BBC HQ are being snapped up by foreign investors flush with extra cash after the Brexit vote.

The pound’s fall means some buyers can pay 15 per cent less than before June’s referendum.

 Foreign investors are snapping up the flats
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Foreign investors are snapping up the flatsCredit: Times Newspapers Ltd

The 950 apartments range from £700,000 one-bed flats to £8 million penthouses.

Developers are touting them in the Middle and Far East.

The first 432 homes in White City, West London, will be finished in 2018.

 Homes have been built on the old BBC site in West London
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Homes have been built on the old BBC site in West LondonCredit: Getty Images

Five have already been sold to buyers in Dubai and two in Saudi Arabia.

The site, once home to Top of the Pops and Blue Peter, sold for £200 million in 2012 when the BBC moved to Salford.

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