Where are the best places to invest in London property?
A question asked by property investors time and time again; where are the best places to invest in London property? In this article, we’ll highlight the best areas to invest in the London property market this year, along with our top investment picks in each area.
London: a remarkably resilient property market
The London property market has remained remarkably resilient during the past year. Buyer and rental demand is continuing at high levels across Greater London. And there are some areas that are set to be particularly attractive for property investors.
Parts of North and West London are especially appealing areas as they feature more green spaces and quieter neighborhoods. This has become more desirable as lifestyles have changed due to the COVID-19 pandemic and successive lockdowns.
Additionally, with lockdown restrictions easing in the UK, many are itching to be located near restaurants, pubs, shops and leisure and entertainment facilities.
With this in mind, here are a few of the best places to invest in London in 2021.
Well-known as one of the best areas to invest in London, Wembley is most famous for being the home of the England national football team, with Wembley Stadium being one of the most famous stadiums in the world. However, the district of Wembley, located in Zone 4 in West London, offers so much more. Recently, the area has been transformed with billions of pounds of investment.
Featuring a number of cultural attractions, Wembley was named “London’s Borough of Culture 2020”. Facing ongoing regeneration, Wembley has become a thriving and vibrant community with a number of retail outlets, a designer shopping centre with a cinema, restaurants serving eclectic food, entertainment offerings and plentiful green spaces.
With its attractive location, Wembley is well connected with three underground stations and just a short tube ride from Central London. The area has become particularly attractive for young professionals.
The regeneration and development in Wembley is making it a particularly attractive place to live and invest in. And a number of new housing is coming forward in the area, providing high-quality new-build properties.
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2. Mill Hill
Another front runner as one of the best places to invest in London is Mill Hill. The suburb is dominated by tree-lined streets and has a quieter, residential feel with numerous parks and green spaces. This area is one of London’s most desirable locations, and many still describe it as a hidden gem.
This part of North London provides tranquility that is hard to find so close to Central London. Despite this, there is still a hub of activity with a thriving village feel. Mill Hill is another area that has undergone extensive regeneration and has an abundance of cafes, restaurants and shops.
The area is also home to great transport links. In certain parts of Mill Hill, commuting to Central London takes only 20 minutes. The area is also only a short drive away from the countryside, providing the best of both worlds.
Mill Hill’s quietness and easy access to green space make it a particularly livable part of Greater London. And because of this, it is expected to be in especially high demand as many people are prioritizing access to green space and countryside, which is expected to make it a great area to buy and invest in London.
3. Maida Vale
Maida Value is part of the City of Westminster in West Central London and is home to scenic leafy avenues lined with impressive properties. Despite being so close to the heart of London, there are a number of quiet residential streets – one of the reasons it is one of the best places to invest in London.
The exciting location also has excellent transport links with a number of underground stations. Additionally, the area is close to both Paddington Station and Charing Cross Station, which have connections to destinations across the UK.
While being so well connected, Maida Vale is leafy and feels tucked away. Regent’s Canal and Little Venice provides a lovely setting, and Paddington Recreation Ground is a 27-acre park located near the Maida Vale Tube Station.
The area is also known for its range of independent cafes, restaurants and shops. These reasons all add up to make it an especially attractive area to live, work and invest in, especially as people have reassessed their property preferences and altered their work-life balances.
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