Up and Coming areas to rent in London

Discussion in 'General Property Investment Discussion' started by Laura Langhorn, Sep 11, 2018.

  1. Laura Langhorn

    Laura Langhorn New Member

    Hey All,

    It would be great to get some ideas of areas in London which are popular with the young professional? I'm looking to expand our portfolio of properties to rent. We are already renting in Clapham, Battersea and Putney, naturally great areas for transport links and conveniences but would be good to get some thoughts of other areas. Does anyone have any feedback on Dulwich and Peckham as an area?

    Laura
     
  2. Longterminvestor

    Longterminvestor Active Member

  3. Longterminvestor

    Longterminvestor Active Member

  4. Laura Langhorn

    Laura Langhorn New Member

    Perfect thank you!! I'll take a look.
     
  5. nmb

    nmb Well-Known Member

    Hi @Laura Langhorn

    I would be interested to hear whether you have seen an increase in rent yields since "Brexit".
     
  6. nmb

    nmb Well-Known Member

    Sorry - also, what do you expect to happen in the future.
     
  7. Laura Langhorn

    Laura Langhorn New Member

    Hi there @nmb
    Albeit the market has had some positive fluctuations in price over the Summer months as one would expect, rental yields have remained the same at around 3% or thereabouts. Certainly South West London as an area has reached a high on rental incomes and we have seen in recent times the prices drop some what from where they were. I think there is no doubt that the uncertainty of the economical situation is playing a part in this as well as landlord taxes. Whilst Brexit unfolds it looks like we may be in this rather 'static' market place for a while. Having said this there is still some really good quality stock to invest in with motivated sellers looking at taking more price sensitive offers due to necessity.
    I think London always remains it's own micro climate to some degree....
     
  8. diyhelp

    diyhelp Member

    Hi @Laura Langhorn

    I totally agree with your comments about London. I have argued for many years that comparing the London property market to the rest of the UK is like comparing apples and pears. London has its own culture, its own economy and in some cases even its own microclimate. Personally, even in the event of a Brexit deal I think there will be a period of uncertainty which may well see rent yields tick a little higher?
     
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