Are you planning to invest in property in London? If so, you have made a great decision. London is one of the fastest growing cities in the world. Investing in property in any of the 32 boroughs of London is a great idea. When you invest here, your investment would appreciate in value over the years.
It can be difficult to decide where to invest. To make your work easier, we offer an investor guide that tells you the best areas to invest in London boroughs.
Where to invest in London boroughs?
Luton is a fast-growing area and is part of the London commuter belt. Close to the London Luton airport, Luton is a little over 20 minutes away from the central regions of London. Investing in Luton property is a good idea. Young professionals and international buyers are investing here. Property values will definitely increase over the years giving you good returns on your investment.
Leyton is a good area to invest for young professionals. It is located just 10 minutes away from Liverpool Street. It is located in East London and once the Crossrail is ready, will effectively come close to central London. The Village, the quaint central area has shops, football clubs, and abundant nightlife. It is a good place to invest property.
This is a great investment idea if you are willing to spend money for your investment. Bloomsbury is an area from where you can walk to Piccadilly or Northern stations. The area has excellent connectivity to London, making it a great place to stay. The Crossrail will further enhance the connectivity. The area is cheaper than Camden and Fitzrovia and is definitely worth investing in.
The area is, of course, home to a well-known football club. There have been lot of developments over the few years. The new Tottenham Hotspur stadium is one such addition that has enhanced the value of the area. Tottenham Hale is going to see new residences come up. The transportation in the area is excellent. However, housing prices have still not gone up. This makes Tottenham a good investment idea.
5) Chadwell Heath
This suburban neighbourhood has a lot of open space. There are many residences, many of which are large. Located a couple of miles from Romford, this is a good investment idea when you want property in the outskirts. The housing prices are affordable, and the transportation is quite good. It is a fast-growing place and the upcoming Elizabeth line is likely to increase property prices. This makes it a good investment idea.
This is a well-connected area that offers easy transportation to Liverpool Street. The town has undergone many development works making it a good place to stay and invest. The housing price is quite competitive, making it a good investment opportunity. New projects would add 5,000 houses to this area, which is a potential of making property prices appreciate. It is a good time to buy property in Edmonton.