The UK’s Capital and most popular place to invest
For the past three decades, investment in property in Central London has been regularly viewed and utilised as a safe haven. Both UK and international investors have directed their focus and funds to the city as an alternative to experiencing the turbulence that can be cause when investing in other asset classes. Although the London property market can go down as well as up, historically it has followed an upward trend and whilst in recent years this has stagnated a little, present indications suggest that positive changes are afoot.
Investing in new developments in Central London has also become increasingly popular as the homes being constructed are designed to appeal to busy executives looking for convenience, security, luxury accommodation and are therefore comparatively easy for investors to rent out.
Selecting a developer with a proven track record is key as quality of construction will be imperative to ensure scope for long term capital growth whilst providing an appealing home to potential tenants.
The Residences, Reading
London Key Facts
Property price growth between 2019 and 2023 forecast by Savills
Average apartment price in London
Rise in private renting in London by 2025 predicted by PwC
30% of London households were rented privately in 2017/18