Where to invest in property in London
If you’re thinking of where to invest in property, you may want to explore the best commuter areas for your purchase.
Here’s a list of tips. Keep in mind to focus on the areas that are within 30 minutes commute to Central London.
Leyton – Central Line, 23 minutes travel
Leyton has long been a popular spot for tenants, with access to the Central Line. Also, the area has grown over the last few years, with many shops and proximity to the Olympic Park which has been completely re-developed. As a consequence, it offers plenty of shops, eateries and green spaces.
Rental yields in Leyton are at 4.3%.
Camden – Northern Line and Overground, 11 minutes travel
Camden is an ever-popular area of London. In fact, there are shops and bars, the Camden Lock Market and Regent’s Park, all within walking distance. For this reason, this is a great place to live in. With great Underground connections too, residents can commute quickly and easily around London.
Rental yields in Camden are at 3.8%.
Brixton – Victoria Line, 12 minutes travel
Sat in the buzzing and vibrant heart of South London is Brixton. Thanks to its quick transport connections to Central London, Brixton offers residents a fun and community-led area to live, with plenty of bars and clubs. Also, for some peace and quiet, Brockwell Park and Lido are nearby. In fact, this is a popular area for tenants and offers good rental yields for landlords looking to invest here.
Rental yields in Brixton are at 4.3%.
Peckham – Overground, rail and bus, 30 minutes travel
With full of independent businesses and eateries, this is a popular spot for tenants. Transport links are a little further away here but commuters can still be in town within half an hour. Property investment here is a great option as the property will always be sought-after.
Rental yields in Peckham are at 4.4%.
Acton – Central, District, Piccadilly Lines, and Overground, 19 minutes travel
Acton sits in a popular spot for commuters both into London and out to Shepherd’s Bush. An area of independent shops and open green spaces, this is a popular spot for families and professional couples. This is a good area to invest as people are always in search of a quieter side of London and Acton offers this.
Rental yields in Acton are at 3.8%.
Walthamstow – Victoria Line and Overground, 21 minutes travel
This East London area has become more popular over the last few years, due to property prices offering you more for your money, as well as short commuting times into Central London. With a strong presence of young families, this is a great area to invest in a larger property in order to cater for house shares or families looking to rent in this area.
Rental yields in Walthamstow are at 4.6%.
Mile End – Central Line, 18 minutes travel
Mile End has long been a popular area to rent, being sat between The City, Shoreditch and Canary Wharf for commuters, as well as close to the university and the hospital here. With fast and reliable transport networks and proximity to Victoria Park and Stratford Westfields, this is a great area to invest as people are constantly moving to the area.
Rental yields in Mile End are at 4.4%.
Stratford – Central, DLR, Jubilee Lines, Overground and rail links, 21 minutes travel
Just further out than Mile End, Stratford has a number of new property developments, so there’s plenty of property available. This is a popular location for tenants, having great transport links and loads of shops, eateries and green spaces at Westfields and around the Olympic Park. Stratford is a busy and thriving area for those who want to be close to all the amenities they need.
Rental yields in Stratford are at 4.7%.
West Kensington – District Line, 21 minutes travel
With stunning Victorian terraces and gastro pubs lining the streets of West Kensington, this is a stunning area to live, and a great area to invest, with high yields for this side of London. A popular area which is cheaper than its neighbors, West Kensington also offers good transport links into and around London and a relaxed and pleasant area to live, making it an attractive neighborhood to tenants.
Rental yields in West Kensington are at 3.6%.
Stockwell – Northern and Victoria Lines, 12 minutes travel
Stockwell is a popular area, sat just above Clapham and only 10 minutes from Central London. Location benefits Stockwell with Clapham’s shops, eateries and the Common on your doorstep but a slightly closer location into town. Lined with Victorian terraces, house shares are prevalent here so investing in a slightly larger property is probably a good idea.
Rental yields in Stockwell are at 3.8%.
Read more: Top 10 property investment tips