London Landlords Eye Up Leytonstone as 2018 Hotspot

London Landlords Eye Up Leytonstone as 2018 Hotspot

Properties located in North East London, with use of the Central Line, have been ranked as the next property investment hotspots by landlords.

New research covering landlords based in London and the South East by landlord insurer Direct Line, have recently revealed the next property hotspots will include the likes of Woodford, Leytonstone and Redbridge.

The best location to invest in

North East London was identified by almost 30% of landlords as the best location to invest in, followed closely by South East London and then East London.

Properties located near underground stations were the most desirable by landlords, with over 80% of landlords ranking them as attractive or extremely attractive. Properties located on Central line stations were also seen as offering the best investment opportunity, closely followed by the Jubilee and Piccadilly line. The District line, Circle line and Bakerloo line were deemed to be the least attractive according to the recent study.

Letting agents in Leytonstone predict that landlords across the capital will always be looking for the ‘next big thing’ in property, as there are always trends in demand with people wanting to rent in trendy and up and coming areas. This trend has been seen before with the likes of Tooting, Bethnal Green and Walthamstow suddenly becoming ‘hot spots’.

Desired public transport

72% of landlord’s rank properties with national rail connections as attractive to prospective tenants, whilst London Overground links were ranked desirable by 71%. Bus routes and tram routes were seen as less attractive draws for potential tenants.

Letting agents are extremely positive about the impact of the HS2 on London’s property values. Many believe the new transportation link will cause property prices to rise in the capital, with others believing it will rise dramatically.

Living in Leytonstone

Leytonstone is perfect for commuters, as it’s only five stops on the Central line from London Liverpool Street. It’s an artistic location with a friendly neighbourhood and rows of Victorian houses, with leafy green parks and fields just a short walk away from the city centre.