If you are considering purchasing a property in London, where you buy can be the key to how much the property will be worth in the future, as well as the facilities and commuting opportunities that will be available to you if you reside in a particular area. Here, we will look at where you should be buying in London over the next two years and why.
Ealing Broadway
Ealing Broadway is currently a highly desirable area for families living in London, featuring lovely parks, wide open spaces and good schools. More affordable than other areas of London such as Hammersmith, property buyers should seriously consider purchasing property in Ealing Broadway.
With Crossrail building a new station that is set to begin service in 2019, commuters and residents will benefit from faster, more reliable transport services to central London, as well as the rest of the UK, making Ealing Broadway the ideal place for London commuters to call home.
Average Property Price: £696,256
Camberwell
If you want the rarity of commercialism and community working in perfect harmony in London, Camberwell is just the place for you. Although the area is frequented by students from local universities, this area is also popular with young families due to its well-considered primary schools.
There are a number of new housing developments currently in Camberwell, so there will soon be a lot of property on the market that’s particularly appealing for families and first-time buyers.
Average Property Price: £451,345
Manor Park
Property prices will soon be on the rise in Manor Park, one of the London areas that will benefit the most from the Crossrail development. As well as being a great area for investment, Manor Park is also home to a lively high street full of restaurants, cafes and shops that reflect the area’s multicultural atmosphere.
Young professionals and families are already taking advantage of the comparably low prices in Manor Park, for which property experts predict up to a 50% increase in property prices following the completion of the Crossrail development.
Average Property Price: £304,258
These up-and-coming areas are just a selection of those available in London that will prove to be both an excellent investment and a great lifestyle choice. If you are purchasing a property and need a mortgage broker in London, Search Mortgage Solutions offer a simple, fast and hassle-free service that will help you finance your property. Contact us today by calling 0800 756 7794.