New data from Portico reveals which London hotspots are ripe for excellent investment opportunities due to a combination of affordability, rental yield and regeneration in the area.
The London estate agent commented on the following major hotspots:
Tottenham offers significant growth room for equity growth relative to its broader position in the borough market, with regeneration projects underway to support this growth.
Seven Sisters is a booming area offering affordable living in London close to many popular and lively areas.
Edmonton is a vibrant multicultural community that offers fantastic rental returns, with excellent transport links and huge regeneration benefits.
Bark is back from Portico’s “Where to Buy Property in 2021” guide. It still represents exceptional accessibility and an opportunity for growth through its connectivity and regeneration efforts.
Ilford is one to watch, with the much-anticipated impact of the completion of the Elizabeth line to come. Ilford has affordable property prices, stable rental yields and is ideal for commuters.
Chadwell Heath offers affordable housing and Elizabeth Line connectivity is on the way. Proximity to many bustling shopping and leisure centers and healthy rental yields are further advantages. Chadwell Heath is a fantastic option for investors looking for a more suburban area.
The top six investment hotspots by average house price
The six main investment areas according to rental yield figures