While rumours of the return of Beast from the East are firmly put to rest as we bask in the gloriously sunny and spring-like February we are enjoying at the moment, we turn our attention to our yield map, where we have taken a look at the top performing areas in the North, South, East and West. Scroll down to find our hot spots this month!
Exciting news for Barking as massive plans for a £2 billion regeneration programme were announced last year. The plans are set to take 10 years to complete and expect to turn Barking into a 'mini-Manhattan'. The plans have already started with many new build properties such as Barking 360 and such developments starting to take shape, with plans to eventually bring 6,000 new homes to the area, sleek new high street shops and a range of improve leisure facilities. With Barking’s already fantastic transport links, the C2C train link which covers much of Essex into London in a very short time makes it a highly desirable place to live and invest in especially whilst prices are relatively low in the area.
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Ealing’s location gives you the best of both worlds with it bordering between the busy lifestyle of the city and offering countryside escapism. The borough is the third largest in London by population, covering West London and a small part of North West. Ealing comprises of large Victorian homes, couple this with good transport connections to central London, the arrival of Crossrail and further property development plus some of the best bars and restaurants outside the West End; this makes Ealing a great investment. You are not short of green spaces in Ealing, another benefit for the residence, the flats surrounding Ealing Common are particularly desirable. It’s no wonder people who move to the area tend to stay long term.
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Thornton Heath 4.6%
Thornton Heath is located in the borough of Croydon. You can be at Victoria in just 22 minutes and the overground can take you to London Bridge in just 30 minutes so you can see why it has become a popular location first time buyers and families looking to expand as the prices in the area still remain relatively low. Although not as developed as its neighbouring areas, Thornton Heath is growing as an area in development and gives way to a few good Indian and Chinese restaurants on the high street. Thornton Heath hold a carnival every year which sees a great turn out!
White Hart Lane 5.1%
White Hart Lane in Haringey, the long winding road between Tottenham and Wood Green, or better known as the home of football team Tottenham Hotspur. The overground services this small patch that sits between busy Tottenham Hale (Victorian Line) and Wood Lane (Piccadilly) Stations. Football fans line up as this is not only a get buy-to-let area but perfect for those who never want to miss a game.
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