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If you’re looking to invest in property, London is a great place to do it. But with so many different areas of the city to choose from, it can be difficult to decide where to put your money. So, we’ve put together a list of the best areas in London to invest in property. Whether you’re interested in buying a home or simply investing in London property, these areas will give you the best return on your investment.
1. Tottenham.
Tottenham has long been an attractive option when buying London property, thanks to its convenient location and strong transport links. In recent years, the area has seen a significant amount of regeneration work, which has helped to further improve its appeal. The latest round of regeneration is the new Tottenham Hotspur Stadium, which is located on White Hart Lane. Additionally, plans are underway to build new homes at Tottenham Hale, and an impressive Tottenham Hale station upgrade should complete by the end of next year. These developments are sure to further increase the value of property in the area, making Tottenham an excellent investment option for 2022.
2. Edmonton.
If you are looking for an energetic and exciting place to invest in, Edmonton is the perfect option. With a bustling, multicultural community and excellent transport links, Edmonton offers everything a savvy investor could want. Located just minutes away from London’s thriving business district at Liverpool Street, Edmonton also has easy access to major roads like the A10 and North Circular A406. Additionally, its proximity to some of the top schools in the country makes it an ideal destination for families and professionals alike.
Over the years, Edmonton has undergone numerous regeneration projects that have helped to revitalize its neighbourhoods and improve its infrastructure. One recent example of this is the complete refurbishment of North Middlesex University Hospital, which upgraded the existing facility’s capacity, equipment, and patient services. Additionally, Edmonton was also included in the Meridian Water redevelopment project-a massive scheme worth £1.5 billion that will bring thousands of new homes and jobs to the area.
With all these great features and more, it’s no wonder that Edmonton is quickly becoming one of the most popular locations for investors looking to maximise their rental yields.
3. Barking.
The price of housing in Barking is on the rise, with average prices currently sitting at £357,796. This makes it one of the most expensive areas in the borough of Barking & Dagenham, and a prime location for those seeking convenient access to central London.
Located just 10 miles east of the city centre, Barking is well connected by public transport, with routes on both the Hammersmith & City and District Lines providing quick and easy access to all points throughout the city. Adding to this is the new Riverside Overground station and Thames Clippers ‘Uber Boat’ service opening in 2022. And if you’re looking for something a little more active, there’s always Abbey Green Park and close proximity to the River Roding for some outdoor exercise.
With all these benefits on offer, it’s no wonder that Barking has become such an attractive destination for homebuyers – and its appeal shows no signs of waning as major regeneration works continue across the town. The Abbey Quay development alone brings more than a thousand new homes along with restaurants, retail outlets, and even a gymnasium adjacent to Abbey Green Park and the river itself.
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