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The London district of Clapham is one of the most promising for investors

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Prices for residential property in West London remains strong and is not going to fall, despite the fact that the London property market is a bit frozen in the uncertainty that prevails before the election in may 2015. Moreover, some areas of West London showed a rise of prices. The best data for the area of Clapham real estate prices in the area rose by 5.5% in the first quarter of 2015 compared to the 4 quarter of 2014. The following are areas of London, Southfields and Earlsfields, where growth was 2.9 % compared with the previous quarter. The index of the London real estate market from luxury real estate company Douglas & Gordon showed that the reason for the attractiveness of these areas – a significant increase in rent. Foreign investors, young professionals and other buyers noted the attractiveness of these areas where , in their opinion, the best combination of quality/price in comparison with other areas of London.

Investors for the most part, buy a small apartment which bring best income.

Property in London cheaper than £900,000 pounds devoid of any tax risks and political speculation and why it is so popular and strong demand.

 


 

But there is the phenomenon of stagnation in the real estate more expensive than £2 million Super-popular areas – Putney and Battersea, who saw a speculative rise in prices in 2013 and 2014, actually froze in the 1st quarter of 2015, awaiting the outcome of the election in may 2105. Property in these areas is fairly large and is approaching or exceeds the politically sensitive threshold of £2 million when they begin speculating about the “mansion tax”.

The index confirms that the best object for investments in the first quarter of 2015 are the objects with one bedroom costing about £300,000 pounds. According to the forecast, growth in property prices in the area of Clapham will continue in the long term. The district has already proven itself to young professionals and foreign investors and , given the large number of undeveloped spaces in the area, the construction and development of it will continue and it will become one of the favourite spots for Londoners.

® Alice Morgan G. 04.04.2015

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