Investors targeting London are always looking for the best new hotspots because they offer the best potential for capital gains and high demand from prospective tenants. The areas in the capital with the best potential at the moment are those currently undergoing wide-scale regeneration and receiving new transport links.
In the east the hottest area is Fish Island. To the west White City is receiving a huge amount of regeneration to refresh the estates, factories, and warehouses. In the north Wood Green and West Kilburn both have fantastic prospects. To the south Kingston and Catford are very popular.
Catford is an interesting destination because it is benefitting from the regeneration in nearby Lewisham. With property prices between 10% and 15% cheaper than SE6 and a multitude of late-Victorian homes on offer, it is no surprise the area is so popular. Regeneration could be expected to follow once work in its neighbouring area is finished too.
Those considering property investment in Lewisham would be wise to look a little further to the south and the potential Catford has to offer. There are properties of varying sizes to choose from, many of them on wonderful tree-lined avenues.
At Finefair we keep an eye out for hotspots so we can offer the very best advice for investors seeking their next purchase. We have seen a big jump in the number of people choosing property investment in Lewisham over the years and the impact it has had on prices in the area and the wider Borough. Catford could be the next location to find itself in the spotlight as prices continue to rise in SE6.
If you would like a helping hand to consider your next property investment, please get in touch. We work all across Lewisham and in every other Borough across the capital. Our team are professional and passionate about supporting clients. Whatever your needs you can have complete confidence in us.