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Where should I invest?

I'm looking to invest in a property around the £300k mark (although under £250k would be preferred to avoid stamp duty). I am open to where I invest but have a preference for a decent/ low in crime area in case I ever wanted to live there. What areas will be best/ has a good demand for rental properties

Asked on Nov 8 2010, Renting in London | Report content

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  • Hi, I would suggest the Earlsfield / Putney areas which are extremely popular with professional sharers and young couples and enjoy an excellent standard of living and low crime rates (check out http://www.upmystreet.com/ for more information on this). With £300.000, you should be looking to get your hands on a two bedroom Victorian-style conversion flat - ideally with a small outside area. Transport links are vitally important to Putney/Earlsfield tenants so make sure you carefully check distances to train/underground/bus connections to ensure your property will appeal. A property of this type is always in demand and would rent out for something in the region of £1,400 a month and offer a 5% return.

    Answered on Nov 17 2010, Report content
  • City, Islington, Shoreditch, Columbia Rd market, Jesus Green, London Fileds and the surrounding areas. Currently this rental market is vastly under-supplied with Tenants literally waiting months to find the right property. Demand currently far out strips supply resulting in premium rental levels. £300k won't necessarily get you a lot but the rent return on investment should be above average for London.

    Answered on Nov 17 2010, Report content

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