Property
Countrywide
PROPERTY HOTSPOTS Making a choice and getting it right! This is sometimes a tough call, whether you’re looking to buy a property as a home or as an investment. Here are some locations that top the list of favourites for a variety of reasons.
S
avills, one of the UK’s leading estate agents, has recently predicted considerable growth across most UK markets over the next five years, and while London remains the most valuable city in which to invest, there are many other locations that offer an attractive alternative for savvy buyers who don’t like the prices in the capital city. With government pledges to provide more housing high on the agenda, and transport links between London and the rest of the UK set to improve over the 18 Property & Home with Phil Spencer
PS5.Property Hotspots.cf.indd 18
coming years, the future looks bright for the UK property markets. But the key to a good investment is, as always, knowing which areas are likely to benefit the property buyer most. Whether you’re after your first flat, a family home or just a lucrative investment opportunity, considering what you buy and where it’s located, will make all the difference to your investment returns in the long run. Here’s our pick of some of the UK’s most promising locations for property purchase this year:
LONDON
Savills predicts that prices in the prime London market will rise by as much as 22.7 percent by the end of 2019, meaning that any property in the capital is likely to be a sensible investment. However, while the most expensive markets in central London have slightly decreased in value recently thanks to an increase in stamp duty charges; desirable areas with more affordable properties—such as Islington, Wapping and Canary Wharf—have shown particularly strong growth in recent celebrityangels.co.uk
17/07/2015 16:47