Central London is a great place to invest in property. Homes have consistently held their value and in many cases, have even shot up. Whether you’re purchasing property to rent out or buying a house for your family, now is a great time to start looking.
However, the capital is a big place, and it’s tricky knowing where to begin your search. With that in mind, here’s our list of London hotspots to consider.
Investing in London Property – Where to Look
Rotherhithe was badly hit in the war, but subsequent regeneration has transformed the area into a desirable place to call home. If you’re a fan of historical homes, we particularly recommend exploring the properties available in Rotherhithe Village, or alternatively, look out for the stunning converted warehouses, especially those by the river. It’s definitely a location to keep on your radar, as we suspect prices may start to climb in the future.
Looking for a bargain property in the city? Check out the market in Dalston. Prices have been climbing steadily in recent years, mainly thanks to the area’s great connections with Central London, which is easily reached by overground train in a matter of minutes. However, it’s still a highly affordable area, and one that’s worthwhile considering.
Shad Thames is one of London’s most desirable places to call home. There’s a strong sense of community in this characterful area; a fact that hasn’t escaped homebuyers in the last few years. The historic streets, which are crisscrossed with industrial beams overhead, are home to several independent businesses, not to mention some stylish warehouse conversions. This area is also popular with families, thanks to the good schools nearby.
Sydenham is a real hidden gem in the south-east of the capital. Although it’s got a great location (with residents able to reach London Bridge in roughly quarter of an hour), it’s got a pleasant, suburban feel to it; due largely to the green spaces and parks, not to mention the cafes and restaurants. Prices are still below the capital’s average, making this a strong contender for those working to a budget.
Once synonymous with Only Fools and Horses, Peckham has come a long way since then. In fact, it’s one of London’s hippest locations now, with many homebuyers wising up to the fact that there are plenty of attractive period properties on the market. Expect to pay a little more here, but in return, you’ll reap the benefits of boutique stores, cafes and pubs galore, right on your doorstep.
London Bridge is an amazing place to call home. Its proximity to the Thames means easy access to the river (with several of the capital’s major attractions just a short walk away), and there’s a wide variety of homes on the market, from period properties to impressive penthouse apartments with killer views across the city. If you’re looking for a truly central location, this is should be an area to add to your list.