As Property prices soar in SW London - where do you predict the next hot spot to be?

Discussion in 'Property Market News and Trends' started by Michelle Barringer, Dec 15, 2015.

  1. Michelle Barringer

    Michelle Barringer Member Forum Partner

    With the recent news that house prices in SW London have grown by 30% in the last year - outstripping growth in Central London - where would you consider the next property hotspot is going to be?
     
  2. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    For me it's all the satellite towns in the south east which are commutable to London. All the areas on the fringe of good areas (as demand and investment grows outwards in these areas), areas along new transport links (like cross rail so Slough, Thames valley e.t.c.)

    Also areas further North that are lower entry price but with good rental income represent an excellent yield...

    Wherever you buy make sure you do your due diligence and educate yourself in that market first...
     
  3. Ricky Bhurji

    Ricky Bhurji Member Premium Member

    It has to be a Crossrail, HS2, Regeneration themed - anywhere where the government is spending big money - this tends to be reflected in the property prices in the years to come. Think about it like this, if the government are spending "big money" on regeneration projects they will want to see a return on their money - and this is done by building a stronger local economy and higher property prices. For example, they are spending £14B on Crossrail and the estimated returns are £42B after a few years of running.

    Reading, Twyford, Maidenhead, Burnham, Iver, West Drayton - are all good places to invest. But Reading is number 1.

    If looking for value in Central London - look at "New Cross".
     
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