An Ever-Changing London
Buying properties in and around London can be a challenging task. London is a pretty big place. Hunter Finance has years of experience with helping property developers in and around the capital and in the Home Counties.
We’ve studied and researched multiple towns around the London boroughs whose housing prices could potentially increase substantially compared to the rest of the areas average.
“Parts of London are seeing massive investment in a bid to rejuvenate town centres. These areas are set to see their property values increase as evident by past investments like other areas such as White City.” Bill Hunter
We always recommend researching and evaluating any area you potentially want to invest in.
Although Croydon is a little further out from central London, this town still sees over 280 trains travel from West Croydon to London Victoria every day. Croydon isn’t exactly the most pleasing town on the eye, but that’s all about to change.
In January 2018, the Mayor of London approved a £1.4b major development in an effort to regenerate the Croydon town centre.
“New leisure facilities, half a million square metres of shops and rejuvenated public spaces are planned to be developed throughout the next few years.”
Hunter Finance understands that Westfield is expected to open its brand new shopping centre in 2023. You may have heard of the ‘Waitrose Effect’, but Westfield’s has an effect of its own. Since opening in White City, property values have increased by 47%. It’s safe to say that Croydon is certainly on the rise and could soon become more attractive than more expensive areas of Kent and Surrey.
Located in South East London, Woolwich is set to become the transport hub for the area. The area is set to benefit from a massive investment in transport infrastructure, including:
Once the new transport infrastructure is in place, commuters from Woolwich will be able to get connections to Canary Wharf, Central London and Heathrow with 12 trains running per hour.
Woolwich is also set to have a regeneration and redevelopment project for its existing estates, including demolition work. Furthermore, the council aims to open the new, statue of the art Leisure Centre in 2020.
Brentford is located in-between Kew, Ealing and Chiswick. A lot of London commuters briefly go through the heart of Brentford daily given the M4 slices across the town. However, although a neglected town in West London, the area is set for a massive development along its riverside.
“The property value in Hounslow area is already 4.5% higher than last year.”
Hunter Finance has identified that Brentford’s housing prices are more affordable and popular with first-time buyers, meaning properties on the market are up for a far shorter time. The area has plenty of transport links to Waterloo and the West End too.
Hunter has noticed that there is a 12% rise in the number of planning applications in the borough.
How do I finance a small property development project Read more.
How to become a successful property developer in London Read more.
If we can help we will say so, if we can’t we will be able to point you in the right direction or suggest alternative financial vehicles.