Best Property Investments in London: 2020

1. Best Property Investments in London: 2020 In recent years, the London property market has provenextremely attractive to both domestic and international investors. While property can createreturns through value appreciation, Buy-to-Let investments generate stable value through their rentalyields. Thanks to London’s popularity with investors, properties have benefited from sustainedgrowth in rental value. If you’re feeling a little overwhelmed by the choiceand perhaps hesitant in making any decision at all, relax and read on for an up to date summary ofsome of the best property investments in London today, in 2020. East This well known trendy corner of London is home toa variety of city workers and young families. Containing London’s tech hub – Silicon Roundaboutand sandwiched just between hipster Shoreditch and busy Old Street. Cheaper than neighbouring Islington, with plenty ofgreen spaces there are multiple development projects going on. Centred around an overhaul of transportinfrastructure, key sites and public spaces, prospective stakeholders can be sure Hackneyis one to watch when it comes to property investments in London. London’s cheapest place to buy whilst providing thebest rental yields in the city. Barking & Dagenham conveniently sits just 25 minutes from centralLondon, close to the M25 and City Airport, with Crossrail due to open soon. Land and propertyprices are lower in Barking and Dagenham than the rest of London with huge investment opportunitiesgiven its growth potential. Expected to be boosted by future regeneration andinvestment projects, including planning permission having been secured for up to 10,800 newhomes, shopping, leisure, community and healthcare facilities at Barking Riverside. Withouta doubt, an attractive carrot for property investors in London, and across the globe.

2. Also being upgraded to a Crossrail hub, the area willbe transformed into a top commuter location with a train every 5 minutes into central London. Ilford is home to the highest average rental yields on the list, offering great opportunities for propertyinvestors in London. With 2000 new homes to be delivered by 2021 and askyscraper in the works, average property prices in the borough have increased by nearly 60%in the past 5 years. Prices are still some of the lowest in the capital, a great opportunity for firsttime investors. Covering the surrounding areas of the Excel Centreand London City Airport, Newham has seen substantial property price increases and higher rentalyields than London’s typical average. A large part of this growth is down to Newham’s populationhaving increased by more than 80,000 since 2005. With Stratford’s Olympic Park and London Stadium withinthe borough, the 2012 Olympics originally put Newham on the map, and the borough has seen significantgrowth and regeneration ever since. Newham has also become a cultural hub and new jobsand exciting developments keep coming to the area.

3. Newham has seen significant growth in property prices (49%) over the last five years, so it’s a great choice for buyers seeking a solid investment withgood prospects. Offering families good value homes within an easycommute of central London, Redbridge offers investors a chance to potentially see impressive capitalgrowth, outpacing other boroughs by 17% over the next 5 years. Already a well-connected commuter area, further railimprovements with the new Elizabeth Line will stretch over 60 miles from Reading and Heathrowto Abbey Wood. This will continue to improve Redbridge and boost the local property market. As a leafy suburb with almost a quarter covered inaward winning parks and forest land and top performing schools, this borough will be very popularwith families. Served by several Docklands Light Railway stationsin Zone 2, Poplar is the more affordable option than neighbouring Canary Wharf. This former victorianslum is getting revamped for the 21st Century with 3000 flats in the pipeline, these willbe in new buildings and revived brutalist landmarks with shops, o?ces and new parks. With both new builds such as Galliard Homes at OrchardWharf and period houses available, it has a lot of change on the cards, becoming a magnet forcity workers and families alike. North An up and coming hotspot for startup entrepreneursand creatives, this borough is changing swiftly with the creation of 2,500 new homes and a need forworkspaces and studios. The streets around Blackhorse Road Tube station arelined with neat terrace houses, originally built for local factory workers which have increased invalue significantly over the last 5 years. It’s well connected with good Zone 3 transport links, the Victorialine (arguably the fastest!) and great schools according to Ofstead reports.

4. Immensely popular with London renters in their 20s,Haringey offers desirable areas for families, such as Crouch End and Muswell Hill. Harringey alsoposes as an attractive option for first time buyers when compared with more expensive neighbouringnorth London areas. North/West Inside Zone 2 making it accessible and a more affordablealternative to Hampstead or Queens Park. With close proximity to the centre of the city andjust a walking distance to Regents Park, it’s an attractive asset for anyone searching for the bestproperty investments in London. Undergoing a £600 million makeover that aims to reinventthe once run-down district and elevate it to match its much-coveted neighbours. With regenerationprojects such as South Kilburn Estate- an ambitious project which sees the replacing of anestate with 2,400 new homes designed by some of the UK’s top architects, giving the area aninjection of modern, stylish property to buy, rent or for shared ownership.

5. South Encompassing popular areas like Wimbledon and Colliers Wood, Merton offers widespread appeal to both tenants and landlords. With regeneration projects such as The Cannons House& Grounds Regeneration Project and Colliers Wood Tower. Teetering on the edge of regeneration for the pastseveral years, a series of massive developments could finally change the fortunes of an area whichhas for generations been known as a cheap buy on the Monopoly board. Currently a tad on the scruffyside but its future looks increasingly upbeat, with new homes and facilities on the horizon With great transport links in Zone 1, a real gamechanger, down the line, will be if Transport for London goes ahead with a planned Old Kent Road stationof its own. West Despite being one of the most expensive boroughs onthe list, Hounslow offers larger sized homes for lower prices, which are hard to come by in GreaterLondon. Lots of green space and highly rated schools , making this attractive to family planners. Houses are more affordable in this area due to beingunder the flight path for Heathrow’s two runways, however could be a great option for thosewho travel frequently. Hounslow is getting a half million-pound revamp of the Civic Centre and LamptonRoad and regeneration of the Hounslow High Street is making the borough an enticing placeto live and invest in.

6. Greater London A little further out west but growing in popularityas a commuter option, Woking offers more square feet for your money than other boroughs and has nofewer than eight golf courses to choose between! Attracting Londoners for quite some time due to itswealth of green spaces and beautiful homes, Guildord could be the perfect choice for savvy investors. Extremely popular area among families looking to upsizeaway from central London, Sutton offers landlords a healthy return on investment. Alreadyseeing more than £410m invested since 2012, the borough forecasts even more investment and developmentopportunities, encouraging economic growth as Sutton home to more than 6,800 businesses. Having the perfect balance of practically being inthe countryside and yet close proximity to central London certainly makes this an attractive Best PropertySourcing In London.

7. Summary An International commercial hub attracting thousandsof new residents each year from across the globe, London should witness far more sustained rentaldemand than comparable investment prospects elsewhere. With East firmly in the lead , opportunities for ambitiousproperty investments span far and wide across the South, West and North of the capital too.Despite Brexit and even a global pandemic, London appears resilient in remaining one of the mostsecure investments the country has to offer. Original Source:https://pearllemonproperties.com/best-property-investments-in-london/