I recently had a look at the prospects for landlords looking to gain from the regeneration benefits of the London Olympics in 2012.
My conclusion was don't believe the hype. Yes, London is a good place to invest & yes gentrification does happen. Landlords that are looking at profiting from this effect though should concentrate on established areas, adjoining high value areas that are set to benefit from improved transport links into central London.
This recent article highlights some of the interesting transport improvements that could bring about an uplift in value in areas within the capital.
Landlords looking at dipping their toes into the London market should go down there and get to know the area they are thinking of investing in first. Don't buy off plan. As anybody who really knows property will tell you. Its location location location. That can often mean a huge difference for the investment prospects of a property bought on one side of a street compared to the other. So landlords remember the motto 'research research research'. Then there is a good chance you wont go wrong by investing in the big smoke.
Get the cheapest landlord insurance quote
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment