The Borough is a popular location for buy-to -let investors. The average monthly rental is just PS1,500. Newham’s average house price is PS354,162. There are lots of options available for you if your budget is greater than PS500,000. Newham’s location is far enough from London to avoid the hassle of living in the city. There are excellent public transport connections to central London from Newham.
Newham offers many benefits beyond being able to reach central London quickly. property investments london The 80-hectare Metropolitan Green Belt that covers London, the surrounding areas, and Newham is part of Newham’s borough has been designated by government. Newham, which includes ten libraries, is also considered to be one the best parts in London for education. Newham’s educational infrastructure makes it an attractive place for families.
Wandsworth Council is planning to build more than 3000 luxury homes in Battersea. If these properties are completed, they will likely increase their value. The entire area surrounding Battersea Power Station are set to receive a multibillion pound rehabilitation. The iconic Grade II listed building is set to become an important social and economic hub when construction is complete. Apart from the new housing being built, there are other plans.
The amount of renovations that house flippers make to their properties will impact how much they sell them for. However, they are just one factor. Flipping property can boost a house flippers earnings. This is because it’s easier to flip properties in areas where the price of houses is likely to go up. The following areas are among the most lucrative in London.
Ilford is an ideal place to make a investment. Crossrail, which is due to arrive in the near future, will help accelerate this area’s growth as a commuter hub. Crossrail link will be added to Ilford’s future investment project, which will see huge swathes in the borough rebuild. The district is currently constructing its first skyscraper. It should be finished by the end of 2021.
In the last five year, Ilford’s average property prices has increased 60%. This strong performance still offers property investors the opportunity to profit. Despite this increase, Ilford property values are among the lowest in the capital.