While Westminster or perhaps Kensington & Chelsea may seem like the areas of London which attract the most visitors, it is in fact Hounslow which welcomes the highest numbers of visitors each and every year. That’s because the borough is home to Heathrow, the UK’s busiest and largest airport, and last year alone 75 million passengers travelled through here.
On average the number of people travelling through Heathrow each year increases by around 2.5%. While not quite numbering in the millions, the increase in demand for property across Hounslow echoes this increase. During the course of 2015 the London Borough of Hounslow was found to have the biggest level of increased demand for properties from a national perspective, with an above-average increase in valuations of around 14% reflecting this.
To those seeking to explore the possibilities of investment properties in London, it may seem like it’s too late to enter the Hounslow market with any level of success, but this is not accurate when we consider the wider context. The continued development of Hounslow gives every indication that the high demand for property in the Borough and the subsequent increased values will continue for quite some time.
While travel links between Hounslow and central London have always been plentiful and well maintained due to the need to connect to Heathrow, the Crossrail upgrades will take these links to an even greater level over the next five to ten years. On a purely practical level, demand for property in Hounslow is increasing because of this, as easy commuter travel is a key factor for many people living in London.
Owning property in Hounslow provides investors with an outstanding way to access very healthy long term returns. With our help, Hounslow property portfolio holders can gain the greatest yields possible with only a minimal level of pressure on their own resources. Our work is implemented in a way that delivers the most comprehensive benefits. With over ten years of experience and outstanding service behind us, we are the proven name to take you forward with success in property. When you need a skilled lettings agent covering Newham, Hounslow and all other areas of London, just give us a call and we will do all we can to help.