In this month's edition, recent research performed by Coldwell Banker Southbank shows that SE1 continues to be a hotspot for investment. Find out more about the future of the area and how you can be involved with our report.
Also this month, we share some low-cost home improvements that you can perform before putting your home on the market, we have some practical gardening advice for growing seasonal vegetables and make sure you protect your possessions with our run-down of the ten most commonly broken items during a move.
Finally, Coldwell Banker Southbank are offering a complimentary guide called “7 things you should know before you instruct an Estate Agent”, to help all Vendors and Landlords. Email us at southbank@coldwellbanker.co.uk to receive your complimentary guide today.
SE1 continues to be an Investment Hotspot
With Business Insider, ranking Bermondsey as the top London neighbourhood for the best quality of life, and with the biggest regeneration in Europe happening on the south of the river, The Southbank is still more than ever a hot spot for property investment. At Coldwell Banker we specifically showcase the Southbank to our array of investors who are looking for the best place to invest their money, so why is The Southbank still such an investment hotspot?
The Independent, recently shared their views, highlighting that along the Southbank route one will find, within a very short distance, the London Eye, Royal Festival Hall, Borough Market and Tate Modern and an array of eateries, entertainment and excellent transport links. For the commuters, Southbank is only a 10-minute walk to the City and for the international students only a 10-15 minute walk from the world-renowned London Universities, namely LSE, UCL, Kings College and SOAS.
So there is a great attraction for investors to the Southbank with the two largest rental markets demanding property in the area, namely City professionals and overseas students.
The Telegraph has named Nine Elms, Battersea as a hotspot to invest for the most obvious reason, the new US embassy. With an extension on the Northern line having been agreed, the connection for US nationals is undeniably a factor which will attract US buyers for a property nearby. Southwark also gets a mention by the Publisher stating the area is fast becoming the epicentre of Southbank cool, which is good news as the new developments in the area are attracting just that type of tenant with the average age of people living in the area being 20-29 years old.
With business flooding Nine Elms there will be an influx of young ready tenants who want to be in the middle of all the action. Superbrand Apple has picked Battersea Power Station as its UK headquarters, attracting around 1,400 employees who will all be moving to work in the area creating a great opportunity for property investors to invest and let in the area.
Rightmove have released their quarterly report in which Elephant and Castle comes in top five highest growth areas in London. Average asking rent for a 2 bed has increased from &1,654 per calendar month (2017) to &1,785 per calendar month (2018) making the annual change a staggering 7.9%. Hardly surprising seeing as the biggest regeneration in Europe is happening in the area as we speak. While many may think forthcoming Brexit means investment in London will decline, Hong Kong investors are still flocking to the capital. Buildings in London are better value for money per square foot, and offer higher rents than other buildings of the same stature, and the sterling drop since the Brexit referendum against the U.S dollar( to which the Hong Kong Dollar is pegged), are also factors to consider.
If you are looking to invest in London, then Coldwell Banker Southbank’s “7 things to know before you instruct an Estate Agent” will be insightful. Reply to this e-mail or call us on 0203 600 1906 to request your free complimentary guide today.
Selling? Low-Cost Home Improvement Fixes that Make Your Home Shine
When selling a home, even tiny fixes can have a big impact. Fortunately many fixes can be done quickly and with a small budget.
Click here to read Selling? Low-Cost Home Improvement Fixes that Make Your Home Shine.
View Coldwell Banker Southbank’s Current Properties
Are you looking to buy? Take a look at a selection of properties, available for sale right now!
Click here to read View Coldwell Banker Southbank’s Current Properties.
8 Vegetables to Grow in Your Garden this Spring
Grab your gardening gear. Here is a round up list of the easiest–and most practical–vegetables to grow in your garden.
Click here to read 8 Vegetables to Grow in Your Garden this Spring.
Top 10 Damaged Items When Moving & How to Protect Them
Protect your precious belongings and make your move a smooth one!
Click here to read Top 10 Damaged Items When Moving & How to Protect Them.
Are You in Need of an Accountant?
Are you considering changing accountant, embarking on an entrepreneurial challenge or looking for a trusted financial advisor? The experts at Elan & Co can help.
Click here to read Are You in Need of an Accountant?.
