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5 Best areas for property investment in London

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Property investment is the best way to generate passive income, especially when you are in London. You must take advantage of property investments.  

According to reports, there is a rise in annual price growth by up to 5.4%. Despite its growing price and preferences among investors, it is still challenging to crack a property deal in London. 

Counting on some of the best buy-to-let investment areas in London may always be better, and there will be times when they will not be the most suitable.

There’s a lot to love about London, from its rich history, lifestyle, and better growth opportunities. London is a hot investment destination thanks to its demand and promising future.

Key takeaways :

  • The real estate market in London is booming, and this will continue in the future. 
  • Real estate investment is the best way to earn a consistent passive income. 
  • Hiring a real estate agent is a great solution to get the most out of London property investment. 
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London’s Rental Market: An Overview

The yields on London properties and how they’re calculated can be found in a moment. Before we dive into the London property market, let’s discuss a few general points: Firstly, it is expensive to invest in London.

Property prices in London are the highest in the country. What is the point of investing there in the first place?

  • The demand for rental properties is high in most areas, so there should always be a supply of tenants. Property values in London have also increased year after year, unlike cheaper areas of the country.
  • Rents are higher, closer to the centre, but so is the price. As a result, yields tend to be tighter in this case.
  • Generally, the rent is lower the further you move, but the prices may be proportionally lower as you move out. Therefore, yields are better.
  • A good transport link can significantly impact London property prices and rents, especially during peak periods. Some areas near or close to a tube or rail station are usually more expensive and have a higher rent, even if they are further out than areas nearer or closer to cheaper transport routes. In general, commuters prefer locations within 30 minutes of central London.

Best Places to Invest in London

Being one of the biggest cities in the UK, London has a wide area covering every property having great opportunities. Thus, it is quite challenging for us all to choose the best places for investment and make the best of them. 

Property investment in London has countless advantages, but you need to make the right investment at the right time. At the end of the day, it depends on your plan and budget. Here is the list of the best areas that are getting investors greater returns. 

1. Battersea

As we move forward, the most attractive area for real estate investment in London begins with Battersea. It is situated right in the middle of London, and this area is on a busy road and hence has a lot of investment opportunities with a bright future. 

Whether you want to invest in a rented property or purchase one, Battersea has the best and brightest options that show great investment opportunities. 

Battersea Park, situated in this city, is well known for its unique blend of modernity and history. Many exciting options can be found in London that overlook the Thames River for potential property investors.

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2. Richmond

The attractiveness and ample investment opportunities have made Richmond the best investment destination in London. Since the last few years, students have turned to Richmond due to the outstanding school and wide range of amenities. 

Low crime rates and great greenery have made it the go-to solution for all investors to have their hands on and generate greater returns. Pubs, shopping facilities, and five-star restaurants make it a tourist place increasing the demand for property investment in Richmond. 

3. Camden

It is renowned for its market, lively nightlife, and art association in this popular British neighbourhood. Camden is a popular tourist spot and a hot spot for locals. Among young professionals searching for properties in central London, it is considered to be an exciting area.

4. Kensington

Among the best investment destinations in London, Kensington stands out. Though investing here is a bit pricey, it will give out exceptional returns.

Be it visitors visiting the city for vacation or business trips, the demand for rental properties in Kensington will continue to rise in the coming years. It is a perfect example of an expensive but worthwhile investment that will offer you the most for every penny invested.

5. Westminster

If you are wondering what can be the next best area for property investment in London, Westminster is your best bet. The area near Buckingham Palace is among the great and most preferable locations among property investors to look forward to getting the best returns for the property.

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Conclusion 

If you are also dreaming of investing in London, you can make the most of your investment. This is where Pluxa Property Sourcing Company comes into play. We are a top-class sourcing company that will never compromise on the property and are ready to get you the best deals you haven’t imagined. No matter if you are looking to invest in buy-to-let investment or R2SA, we bring the best deals to your disposal. 

Our highly certified team of investors and agents always try to help you land the best deals. 

If you are stuck with any part of property investment, we always try to give you the best deals in the town.

FAQs

What are the property investment options in the UK?

There is a wide range of property investment options in the UK. From buy to let, R2SA, rental property, and the list can continue to go on for property investors. Contact us and get professional assistance for property investment.

How to get into investing as a beginner in the UK?

Beginners may need help to invest in property in the UK. Here are the following things you need to do to invest in property: 

1. Start saving and do it for 4 to 5 years, wait for the opportunity, and invest your funds in the property that maximizes the returns.
2. Save the additional funds of 3-5 months for an emergency.

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