Property investment is something to ponder over, especially if you consider raising a family there. London may offer countless residential areas as a metropolitan city, but there are some ideal neighborhoods you may want to consider first.
The Leyton town is a part of Essex County and is one of the most diverse places in London. This cozy suburb has affordable property options only ten minutes away from lively Liverpool Street. Although it may ring the bell as a calming and small town, Leyton has its football team and various busy shops along the streets. According to the sources, the average sales price of houses in Leyton is around £500,000. However, the value of the homes has increased in the latest years. Some of the things you can do in Leyton include visiting the Vestry House Museum or go to popular restaurants & cafes awarded by Time Out magazine’s Love London Awards.
This district is in the West End of London and home to famous institutions such as the British Museum and Royal Historical Society. Although it may be a more expensive choice among other suburbs, Bloomsbury is at the center of London with easy transportation to almost everywhere. The average house sales price in Bloomsbury is known to be around £ 900,000 that is nice if you’re able to splash the cash. There are so many things to do in Bloomsbury like visiting the bookstores, museums, cafes, or spending time in the garden of the British Museum on a sunny afternoon.
Barking is a part of East London with a slightly low population ideal for quiet living. It’s also one of the cheapest suburbs in London, ready for favorable property investment. It only takes 30 minutes to reach central London. The average house price in Barking is currently close to £ 300,000, which is a great deal. Social amenities in Barking include bowling, Barking Park, Capital Karts, Wellgate Community Farm, and Valence House Museum.
Old Kent Road
This thoroughfare in South East London has increasing potential for investors. The ongoing projects to be built in the area call for a boost in value as they can change the outlook of the neighborhood in a modern way. Average house prices for Old Kent Road stand at approximately £400,000, which is slightly at an affordable range.
Some of the attraction sites near Old Kent Road are Fashion and Textile Museum, Eames Fine Art Gallery, Tower Bridge, and White Cube Bermondsey. You can also enjoy the bars and restaurants in the area.
Another ideal borough in London is Havering, a part of Outer London. Havering is home to overwhelming greenery and beautiful natural landscapes. So if you’re looking for more inert parts to invest in, this might be the place. The overall price range in Havering is around £ 400,000 standing between other suburbs. You can take a walk around Bedfords Park, go to Stubbers Adventure Center, or visit the family-friendly Kidspace Romford and Namco Funscape Romford.