New data from Portico reveals which London hotspots are primed for excellent investment opportunities due to a combination of affordability, rental yield performance, and regeneration in the area.
The London estate agent has commented on the following top hotspots:
Tottenham provides significant room for equity growth when compared to its broader borough market position, with regeneration projects in the works to back that growth.
Seven Sisters is an up-and-coming area offering affordable London living in close proximity to many popular, vibrant areas.
Edmonton is a vibrant multicultural community that offers fantastic rental yields, with excellent transport links and huge regeneration benefits.
Barking is back again from Portico’s ‘Where to buy property in 2021’ guide. It still represents outstanding affordability and opportunity for growth thanks to its connectivity and regeneration efforts.
Ilford is one to watch, with the eagerly anticipated impact of the Elizabeth Line completion coming soon. Ilford has affordable property prices, steady rental yields and is great for commuters.
Chadwell Heath provides affordable housing and Elizabeth Line connectivity is on its way. Proximity to many buzzing retail and leisure hubs and healthy rental yields are other benefits. Chadwell Heath is a fantastic option for investors looking for a more suburban neighbourhood.
Top six investment hotspots by average property price
| Barking | £357,796 |
| Edmonton | £375,889 |
| Chadwell Heath | £382,870 |
| Ilford | £475,541 |
| Seven Sisters | £479,020 |
| Tottenham | £515,474 |
Top six investment hotspots by rental yield figures
| Chadwell Heath | 5.5% |
| Edmonton | 5.5% |
| Ilford | 5.3% |
| Barking | 5.3% |
| Tottenham | 4.5% |
| Seven Sisters | 4.4% |