The Indian Summer is upon us, with temperatures set to reach 28 degrees by Monday it looks like we are getting one final hot weekend in this particularly unusual summer. In reference to the hotting up of the weather, we have turned our attention to current 'hot' yields London is offering in the North, East, South and West.
Check out the areas we have looked into below, or have a look at our yield map for yourself here.
Dagenham is located in the borough of Barking and Dagenham and although is often seen as being in Essex, it has been a London borough for more than 50 years. It is an area that is very up and coming and plenty of benefits to living in this area such as Dagenham's own University; Coventry University's London campus. The average property price in Dagenham currently stands at £300,251 according to Zoopla. The quick commute from Dagenham to Central London is what makes it so appealing initially, however, there is still a lot of work to be done in terms of regeneration to the area, but with low property prices, it can be a good spot to get your foot on the London property market.
View more properties for sale in Dagenham.
Over 10 years ago Wembley began to change as developers saw an opportunity for the area, especially surrounding the stadium. However, the financial crash in 2006 put a halt to the plans for new homes and was only picked up again in 2016 when Brent Council set about building the largest build to rent project with 5,000 homes promised. Property style is quite diverse in Wembley, with new flats dotted around Wembley Park and the town centre, moving to a mix of Victorian and Edwardian homes littering the streets leading up to and off of Wembley Stadium. Not only is Wembley an affordable area to live it is also within easy reach of London's major business districts, getting you to Westminister in around 20 minutes.
Peckham continues to be an area worth investing in, the high street is extremely multi-cultural, so you'll find an array of bars, restaurants and shops, and as things begin to open up again the high street will start to look a little more like it did at the beginning of the year, busy and vibrant. Peckham Rye Park is the perfect communal space, with garden, woodland and a lake for all the activities.
So why else do people want to live in Peckham? Property prices in Peckham are still relatively low and with the 'holiday' on stamp duty for first-time buyers on properties under £500,000 this is a great saving and encourages new buyers. Average prices in Peckham stand at around £492,757.
View properties for sale in Peckham.
Tottenham Hale 4.5%
Tottenham Hale is next on the list for regeneration, currently, it is known to many Londoners as where they can catch the Stansted Express on their way to the airport (not overly glamorous). But Tottenham Hale is poised to make leaps forward with plans to revamp the area, by refurbishing the station, shop fronts, offices and homes for the area. Tottenham Hale provides incredible value for its proximity to central London and is one of the most affordable places to buy along the Victorian Line. The property scene in Tottenham Hale consists of Victorian, Edwardian and Twenties terrace houses with some of the best roads that boast larger three-storey Victorian terrace houses being Baronet Road and Vicarage Road.
See properties for sale near Tottenham Hale.
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