London as a whole has a reputation of being not only the capital but the pinnacle of investment. Because of its large population boarding close to 10million people, Investment in London can only go one way. Which in my opinion is up. Below I will point out a few areas which are great for investment without the need to break the bank.
Of course, I won’t be mentioning the obvious areas. I have personal opinions that I believe would benefit any like-minded individual or party that wants to invest or buy a property they call home & see the price increase with it.
You can also find out the best & affordable areas in London
Leyton
Situated in the heart of East London, Many might not know Leyton was the birthplace of David Beckham the famous footballer/ tv personality. Just a small little history. Anyway swiftly moving on, Leyton has become a must-place for any potential homeowner or investor to call their starting base. Reasonably priced properties that have seen a significant increase in prices.
The rental market in this greatly connected area has been increasing over the years. The central line which shoots you to the heart of central London runs through Leyton without any issue. Renters have chosen this part of London as their base because of its reasonable prices rents and its connectivity to Stratford where you have the world-famous Westfield shopping center. It’s just a great area to do investment in London without the need to break the bank.
Croydon
A gem in the south of London. Overground & DLR run to and from Croydon. There was a point in time Croydon was just not a great place to live Mainly because of its poor transport links. That has all changed now. The central government with the council have cleaned up the area very well in the last 10 years. Completely changed the whole outlook.
Even today in 2022 you can find a 2-bed terraced house for roughly £300k which for London is nothing short of a bargain. Rental prices are always increasing Aswell as property prices. Now is the time to do Investment in London, Croydon as it has many more exciting projects coming that will only outprice the area.
Wembley
Situated in the northwest of London, Famous for Wembley football stadium which has hosted some historical sports events, the most recent a boxing spectacle. An area very popular with renters because of its location, & cultural heritage.
You have a large Indian community-based in Wembley so you can probably imagine the kind of wonderful cuisine you would be nibbling on, house prices in this particular part of London have been increasing from year on. Flats are reasonably priced with great links to all other parts of London. As an investor or even a potential home buyer, you cannot go wrong with Wembley as things get snapped up pretty fast when on the market.
Peckham
A cultural melting pot in the southeast of London, History would tell you Peckham has been a run-down area that has never been appealing to anyone. Well, history has a way of fabricating stuff. I can tell you for a fact Peckham has become the must-stomping ground for liberal lefties. The property prices compared to 10 years ago have completely shot through the roof, it’s one of the most expensive areas in Southwark. A large community of open-minded individuals has made Peckham their home.
They love the culture feel mixed in with a bit of history. This area will never disappoint when it comes to investment whether it be a buy to let property or a place you call home. For all you commuters have no fear as the overground runs straight to parts of central which make it easy to get around.
Kilburn
Another part of northwest London has seen a significant rise in property prices & an increase in rental demand. Investors will probably have to shop around for a bargain as the area has had a massive increase in asking prices. The main reason is because of its proximity to central London, It’s one of the few areas in London which you can invest in and not be too far from the west end.
House prices in this region can range from 500k-1 million. Depending on which part of Kilburn you’re looking at. Flats are more reasonably priced with ex-local authority ready to be snapped up at a price of about 250k-300k. Renters are always looking to base out of Kilburn as an investment you cannot go wrong with this area.
Newham
An area that has probably had the largest increase in rental demand than any other borough named above. I can say this for sure because I was born & bred in Newham. So if anyone can advise you on how much change & investment has gone in this area. It’s me. You can easily as an invested earn close to £1500pcm on 2-3 bedroom flat in Newham.
That’s a great return on your investment. When you actually think about it that’s a very high rental yield. Property prices can vary depending on which part of the borough you choose to invest in. Areas close to Westfield shopping center like Stratford, forest gate, and Maryland. These are great areas for commuters you will not have any trouble finding renters.
Quite the opposite actually. You might even have to turn down offers as the interest level will be overwhelming. As a potential investor, it’s what you want to demand. That’s certainly something you can find in Newham.
Ilford
Investors have been flooding to this area in Greater London that borders Essex, Mainly because the rent prices will give you a great return on your investment. Ilford falls under the borough of Redbridge. You have direct train links to Stratford or Liverpool Street that will have you in central London in no time.
Because of the new development regarding the new tube line called cross rail, Potentially you can see an increase in property prices by roughly about 50% on its completion. If anytime was good to invest in Redbridge Ilford now is the time.
My parents live in Ilford & my dad’s investment is paying off the family home has increased in value considerably, When you take into account how much was actually paid for it 10years ago. Rental demand is always high in this area. Brilliant location for commuters and families.
How About The Best Places in London to Buy a Family Home?
Families are always looking for a few key points when it comes to house hunting. Personally, Schools & a low crime rate should be any parent’s top priority. That depends on individual circumstances & lifestyle. Some are interested in a location more than anything.
Others want a quiet suburb but still within the city.
I called it the illusion Because London has particular areas which give you the nice country feel But in reality your literally 25 min commute for all the shenanigans of London. Once again this is just my personal opinion as someone who was born & raised in the city. Let’s get started.
Twickenham
Not only famous for the rugby stadium which has hosted some of the most memorable matches in history. It’s a great start-up for any family who wants to be in a liberal safe area. You can also have a Look at the Crime Report here.
You aren’t far from Richmond park which stretches until the eye can see. House prices in this posh part of London can go from 1million to 1.5 million.
Is it the cheapest? Of course not but we’re talking about the best here. A house in this area would suit any working family, You want to locate in London & have a sense of security which is very important, especially for families.
The area for some strange reason, Don’t ask me why because I wouldn’t be able to tell you. Has become increasingly popular amongst tv personalities & radio hosts who have chosen Twickenham as their to-go place.
West Hampstead
Located within the borough of Camden is this leafy but centrally close located area called West Hampstead, You can easily find a family house going for roughly 700k & upwards.
Camden has some of the best primary& secondary schools in the country. So your children will be spoiled for choice.
As for you city dwellers who need to commute then you can’t go wrong Aswell as the jubilee line that runs to West Hampstead you have the overground at your doorstep if you choose to need it. Just an overall brilliant area that has the sense of security & city life you might be looking for.
Parsons Green
Located within Fulham itself, Also boarded Putney bridge which is Parsons Green. The area has become a favorite of influential ex-pats from all over Europe who call it home. Fulham itself has always been a bit posh With its artistic feel. House prices can be a bit on the expensive side as you are within an area that is exclusive to people who can afford it. You can still find house prices starting from 1million & upwards.
So if you do shortlist Parsons Green as an area you are keen on please make sure you shop around as it might be difficult to find a bargain. Demand is high as a great area for schools and connectivity.
Crystal Palace
South London, Personally, I love the south. Even so, I’m originally from the east. I just find it cheap & cheerful, House prices in Crystal Palace are going from 500k & upwards. You can definitely find yourself a bargain in this leafy area which some would say is a suburb. Why I love the south of London, even more, is because the transport links are still be upgraded all the time,
Your property price will see a significant increase with the infrastructure. It’s rare to find a garden or large personal outdoor space in some parts of London but in Crystal Palace, you can definitely find a garden & a driveway if you are lucky and shop around.
Northolt
Located within west London, Especially on the Piccadilly line is this residential area called Northolt. If you need a place which is quiet & you have great transport links, great schools & parks that would keep the kids happy then you can’t go wrong with this area. House prices for 2 bedroom terraced house start from about 450k, Which in my opinion is a bargain especially when you’re only about 20 mins away from Heathrow airport.
The area is seeing increasing investment & development which will only see. Significant improvement in the property value over time. It’s just a great area for you to call home without the need to break the bank or go bankrupt.
Bloomsbury
Now if money is not an object & you are not concerned about what the price is, All you need is a great family home located in the central part of London. The low crime rate, great schools & of course all the shopping districts at your doorstep. Then you can’t go wrong with Bloomsbury.
Located partly within Camden. Its nearest station is Holborn or Chancery Lane. You imagine the house price will definitely be expensive. I don’t want to give your a quote of how much house prices are going for because in all honestly only go for this area if money truly isn’t an object. You rubbing your shoulders with the upper class of society. Bankers, stockbrokers, celebrities. Just to name a few.
You can find amazing newly developed houses in this area that give you that Glitzy feel. One thing is for sure if you want to be surrounded by poshness & wealth then Bloomsbury is the place.
Kingsbury
Another area situated within northwest London, It has great transport links. With an abundance of private & public schools which as a family you will be spoilt for. You can easily find a spacious house in Kingsbury for roughly £460k & upwards. You have the north circular which easily connects you to other parts of London whether it be central London or if you’re heading out to the countryside.
Sports lovers & nature enthusiasts will enjoy the peaceful presence this area gives. Don’t go without putting Kingsbury on your shortlist of desirable locations for homes.
