The UK Millennial Hotspot report looked at which areas were the most attractive for that specific demographic. London as a whole came fourth on the list, slipping places because affordable homes are a concern. This prompted a closer look at different Boroughs in the capital to see which were the most attractive.
Redbridge secured the top spot on the list of most attractive Boroughs for Millennials. The area is a hotspot for this demographic because of the number of affordable homes available and the significant ongoing investment in the area to create community focused amenities. The transport links are also very good, with several stations on the Central Line and TfL railway services.
One of the most remarkable things about Redbridge is the culture. The area supports the arts, particularly the theatre. Kenneth More Theatre offers both amateur and professional performances. Redbridge Drama Centre is also a key performance provider, allowing people from 5 to 21 to get involved. There is also a studio and editing suite.
Sport and leisure is a big part of the culture in the area too. There is a huge array of different facilities to choose from including in the local parks. If you are interested in cycling there are a number of tracks. Water sports enthusiasts have plenty of choice too. Then there are opportunities for sports such as football and cricket.
The other Boroughs that appeared in the top five were Croydon (voted best for young families), Newham (star neighbourhood in East Ham), Barking & Dagenham (perfect for first time buyers), and Tower Hamlets (a destination for food lovers).
If you are considering investing in an area that is likely to continue proving to be popular with Millennial renters and buyers, Redbridge is an area to look at. The Finefair team can help, working with you to find the right properties for your investment goals.
We have become renowned as the best for property management Redbridge has to offer. This service has seen us managing properties of various sizes and scales over the years. We can meet all manner of specific needs and ensure all parties are satisfied.
If you would like to plan ahead for property management please contact us.