If you’re in search of a London property investment, the location is one of the most crucial factors you will need to consider. For buyers who are interested in vibrant, up-and-coming areas of the capital, Deptford is proving to be an exciting prospect. After undergoing extensive regeneration in recent times, this characterful area of South East London is quickly becoming something of a property hotspot.
Located mainly in Lewisham and partly in Greenwich, Deptford is probably best known for Deptford Dockyard and its rich naval history. The area boasts a unique mixture of historic, industrial character and modern amenities, with a combination of revamped ex-council houses, smart contemporary homes and period buildings. The high street and station have been regenerated into modern, appealing developments, and there are several good schools in the area, an important draw for many buyers and renters. Residents can take their pick from a host of multicultural restaurants, independent shops and markets, and there’s even a contemporary arts festival here.
Young professionals and first time buyers are attracted to the area because it offers relatively affordable rent and prices compared to other parts of the capital, as well as its straightforward transport links to Canary Wharf and the City of London. With its proximity to Goldsmiths University, it’s also a hotspot for student accommodation. Deptford offers many opportunities for buy to let investors who wish to target these markets.
As property specialists, we make it our mission to identify the best areas for our clients to invest in at the right times. It seems clear that Deptford offers great potential for those who want to make healthy returns from London’s thriving rental market. However, this is just one of the many up and coming areas of the capital that investors should be looking at. If you’re seeking to make a property investment in Hammersmith and Fulham, Lewisham, Islington or any other London borough, get in touch for advice and support.