A CBRE study has shown that the prime central London property market is slower at the moment, with the real growth taking place in some of London’s outer boroughs. Southwark, Camden, Islington, Hackney and Newham are all areas expected to see at least 30% growth over the next decade.
Royal Docks is a thriving area of East London, generating a great deal of interest from investors and tenants alike. Location, transport links and high quality developments make the area increasingly popular, with the result that the Royal Docks housing market has grown substantially since 2011.
Investors in London’s buy-to-let market can achieve great returns. Understanding yield and capital growth will help investors create sound business plans, while choosing the right area and the appropriate type of property will ensure that your property is let promptly and does not stand empty between tenancies.
Open plan flats and studio apartments are a popular choice for buyers in the London property market, and make up a significant portion of many new developments.
Large spaces provide a great showroom for statement furniture and artwork, while a free-flowing home is ideal for entertaining.