Lloyds Bank recently released their list of the top 20 best places for young professionals to live in the UK. They conduct the research each year, tracking the areas that prove to be the most attractive for 25 to 44 year olds. The report is an interesting read, particularly when it comes to highlighting what attracts this group of people to specific areas.
One look at the list and you can tell that young professionals in the age bracket tend to be drawn to areas that offer a good combination of urban and suburban features. They want to have the amenities and infrastructure of a built up area alongside the space and freedom that comes from living away from the hustle and bustle.
For the second year in a row the most attractive area in the UK for young professionals is Hove. The location is favoured because it is on the south coast whilst still being within a 70 minute journey to central London. Its popular neighbour Brighton came seventh on the list.
The top 20 is dominated by destinations in the capital though, with 16 areas finding their way on to the list. Of these, 10 have an SW postcode. Wandsworth was the most highly regarded, coming second to Hove.
Wandsworth has a lot to offer to young professionals, including a fantastic infrastructure, close proximity to the prime areas to the north of the Thames such as Chelsea and Fulham, and an impressive number of green open spaces. The prices in the area are also good, particularly when you note the impressive location. There are good savings to be found in comparison to nearby Battersea.
At Finefair we are always looking for information about attractive areas so we can share it with our clients. We work with a number of landlords targeting young professionals so it is important that we have this knowledge in particular. It helps us to ensure we provide the right services, whether it is our estate management, lettings, or guaranteed rent.