There is a lot to think about when someone decides to buy or rent a home. Most of the focus will be on the property itself, including the size, condition, and price. The location is vital too, with factors such as the proximity to transport links, green space, good schools, and amenities all having an impact. However, noise can also be a significant factor. We want to have a closer look here, then you can rely on us if you want to arrange guaranteed rent and other services for investment properties in Kensington and Chelsea.
Noisy areas
Noise can have a big impact on property values, reducing them by several percent. For example, homes on flight paths, near train lines, and close to busy roads can all lose value. Generally fewer people will be interested in them, further cooling prices.
Noisy areas are also something investors need to think about. As well as the property values, it can have a huge impact on demand from tenants. Crucially, it can lead to much higher tenant turnover than properties in quiet areas.
The noisiest areas in London
If you’re thinking about investment properties in Kensington and Chelsea, or other parts of London, make sure you consider the latest data. Information from public health tool Fingertips shows which areas in the city have the biggest issues with noise complaints.
Sadly, K&C got the top spot, with 65.3 complaints per 1,000 residents. It has some areas with noise concerns because of the abundance of traffic and construction work. As a prime market with some of the most valuable homes in the UK, there can also be issues with noises from high powered supercars.
Hammersmith and Fulham was marginally behind K&C (64.5 complaints). It suffers from many of the same issues, particularly noisy road and rail traffic. Also on the list of noisiest areas are Islington, Haringey, Southwark, Lambeth, and Camden. If you’re considering investment properties in Kensington and Chelsea or other areas, make sure you get a good idea of the noise levels.
The impact
A key thing to understand is the impact noise has on people. There are lots of interesting studies to read. One from the European Environment Agency found noisy areas can be detrimental to children. If they live or attend school in locations with noise problems, it can affect reading, concentration, and development. Sadly, it can even cause behavioural issues.
On top of that, today we know more about the impact on health and wellbeing. The WHO claims noise is a huge threat that “can cause short and long term health problems”. It can disrupt sleep, cause cardiovascular conditions, damage hearing, and lead to chronic stress. This can result in health problems and issues at work.
Make the best choices with investment properties in Kensington and Chelsea
As you can see, noise is something to definitely think about if you’re planning to invest in properties, especially in London. It can have a big impact on the values and tenancies. It’s wise to get a good idea of how noisy it is, especially at night. If loud sounds are common at night-time, you may want to reconsider your investment.
If you find the right investment properties in Kensington and Chelsea or other parts of London, you can rely on Finefair Ltd. We provide first rate services, including guaranteed rent and management. Working with us, you can avoid potentially serious problems like high tenant turnover and voids. So, get in touch today and learn more about what we can do.
