Portico’s property experts have picked 10 London property hotspots for now until 2021. They’ve highlighted the signs that show the area is on the up, and calculated the highest potential rental yield in each area.
Next on their tip list (but in no particular order) is Enfield :
Average 2 bedroom house price in Enfield*: £380,000
Average 2 bedroom rental price in Enfield*: £1,325 pcm
Highest potential rental yield in Enfield using the Portico Rental Yield Map*: 4.4%
Killer reason to invest here:
“We’re seeing an increasing number of people venture further out of London to get more space for their money and Enfield is the last major area before you go outside the M25. It has great transport links for road users and several stations taking commuters directly into Moorgate or King’s Cross, as well as great schools and a good mix of both houses and flats, making it an attractive area for professional couples and people looking to start a family.” Mark Lawrinson, Regional Director, Portico.
Guest post provided by Portico.
Disclaimers: Rental yields quoted here are statistical assessments taken from the Interactive Yield Map www.portico.com/yields on 28/06/17. They are not guaranteed and may be lower if the property does not achieve continuous occupancy. House prices and rental prices according to Rightmove and Portico market data, accurate as of 28/06/17.
Those considering investing in the London property market should remember that house prices do not only go up, they also can fall. There is no guarantee that Portico’s property experts will be right in their hotspot predictions.