The current property market in Waltham Forest and the rest of London is looking very attractive to a lot of buyers. There has never been a better time to invest in recent years than now. Demand for properties in London to rent will always be on the rise, especially as the city is the business capital of the UK, so if you are an investor where should you put your money to receive the greatest rewards? We’ve put together a list of some of the most promising areas.
Bayswater (Borough of Kensington & Chelsea)
Known for being a cosmopolitan area with attractive streets and beautiful Victorian architecture, Bayswater is described as one of the most promising places to invest in. Whilst some of the properties here aren’t modernised, this is seen as a favourable asset for a lot of investors. Purchasing here means that you may be able to increase the property’s value through renovation and a bit of TLC, gaining a larger return than you would receive buying an already converted home.
Aldwych (City of Westminster)
This area used to be seen as a through-flow in between the City and the West End, rather than a desirable location in itself. However, this is no longer the case. With a number of cool city apartments and modern houses emerging in the area that are significantly more affordable than other fashionable parts of Central London, this up and coming location shows a lot of promise.
Clerkenwell (London Borough of Islington)
Recently this area has seen a lot of positive changes. A lot of experts agree that it will only increase in popularity with all of the regeneration planned in the next couple of years. If you manage to invest in property before the regeneration, you’ll be able to secure yourself large returns.
Streatham (Borough of Lambeth/Wandsworth)
Whilst this area is not as established as the surrounding boroughs, it has seen a rise in price. The properties here are amazing value for money and are also close to excellent transport links, so it will be easy to source tenants.
Stoke Newington (Borough of Hackney)
Stoke Newington has been compared to Shoreditch in 2008/09; a buzzing area for young professionals. The streets are filled with beautiful shops and stunning architecture and the homes are relatively affordable with many quiet residential areas.
Brixton & Kennington (Borough of Lambeth)
These areas are among the many that are feeling the benefits of re-rating and are quickly becoming residential hotspots. Brixton is now a place where young people and families desire to live, not only because of its amazing location and accessibility into the business district, but also because it’s an affordable area too.
Wherever you choose to invest, we will always be on hand with full property and block management services to make your life easier. Get in touch with us today to find out more about how we can help you to success in London’s competitive property market.
