Top Property Investment Spots in Britain Today
No matter what a home buyer is looking for from a secure to a luxury home there is something for everyone in various parts of the country. New-build homes are turning out to be wise investments both for seasoned or first-time investors. Hotspots for property investment can be found through many sources in areas of increasing population, enhanced infrastructure and growing employment with an appreciation of long-term capital. A couple of locations are worth looking at.
Apart from a financial sector recovering in the Capital, Limehouse has enjoyed improved infrastructure as a result of the Olympic facilities around. In fact, those homes around the stations at Docklands Light Railway sell and let very fast in some of the best prices. You can, for instance, get a block with apartments for shared-ownership with a number of them blessed with a clear view of London’s landmarks such as the Shard.
In this area regeneration projects are underway, such as some worth over £250 million where quality shops, offices and flats are in plenty. Commuters will love Working, a town about 25 miles from London’s central area with easy access to Heathrow and Gatwick. There are also direct trains to Devon’s Honiton where second homes are a lot. Small flats to rent and sell are also available.
London’s Elephant and Castle
Elephant might not be much in terms of looks, but it is undergoing regeneration worth £1.5 billion over the next decade making it very attractive. For affordable Elephant & Castle homes you might want to check out those towards the south. Apartments are around £385,000.
One of the things you cannot miss is the reinvention of coal-mining areas such as Rotherham. Apart from thousands of jobs being created, there have been investments of more than £500 million in the area within the last ten years. From a new football stadium for 12,000 seated fans to a wholly new railway station all under construction, Rotherham is a place any home buyer or renter will find something. Flats towards the Keppel Wharf and the Old Market are quite popular, particularly for anyone who might want to rent.
London’s Kew Village is a popular area with property already fetching high costs. However, towards the northern side of the river you can always find affordable ones if they haven’t gone up already. Those who take a walk towards the railway station and Kew Bridge could end up with a little more for their money. With extensive plans for new development around, Kew is a place worth looking at, considering some flats come with parking, 24/7 security and communal gym.
Apart amazing Channel views, the port is now a favourite with commuters. Folkestone West station is about three miles providing a 52-minute high speed transport to St Pancras. As a result of a long waterfront, Hythe has an extensive choice of houses and apartments already on the market.
There are plans to redevelop the city by providing the high speed HS2 to the Capital expected to boost development that has been pending for a couple of years. Over 1,100 homes have been planned in Icknield Port Loop in the canal-side district. Most of the redevelopment will be on the Eastside area with an investment of £6 billion. From £122,000 you can get one or two bedroom apartments close to the new station.