The property market in London is continuously in a state of flux, with new developments taking place alongside transport upgrades and regeneration projects. This can make it tricky for investors to find the newest hotspots and make the biggest returns for their money. The scale of the city and the surrounding area also make it increasingly difficult.
If you are looking to find the best investment properties in Redbridge and the rest of London, we are here to help you make the right choices. Below we go through four suburban areas expected to grow in 2015.
The first area is Notting Dale in West London, a location commonly overlooked for the more popular Notting Hill to the east. The architecture here is very similar to its more famous neighbour, but prices are far more affordable. Many high profile artists and fashion designers have been attracted to the area in recent years, creating a trend that is set to continue. If you’re looking for investment properties in North-West London this could be the location for you.
Next we move to Hornsey in North London. This area is already seeing a great deal of regeneration with several housing projects already started or due to begin. The high street is also being redeveloped. The location is popular because the prices are low and there is an abundance of Victorian and Edwardian houses available. The largest domestic project in the area could see 1,080 homes built on 11 acres of land owned by the National Grid.
In the east we have Leyton, an area still benefiting from the buzz generated by the Olympics in 2012. Properties in the location provide really good value, particularly when you consider that many of them are Victorian and Edwardian terraces. With a little work homes can be revitalised and refreshed, adding a great deal of value.
Finally we complete the journey with Brockley in the South. The area has been popular with young commuters for decades but new extensions to transport networks are making it even more attractive. There is a fantastic array of tree lined avenues leading from Hilly Fields Park. Properties on these streets are highly desired and get a lot of attention from investors. Local conservationists protect the area from too many new developments but small scale residential schemes do take place.
One of these four locations could hold the solution for the next area to invest your money in property.