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• Major E14 London Location
• Luxury facilities
• 999-year lease
• Peppercorn ground rent
Prices from £450,000
London stands as a beacon for property investors worldwide, offering a dynamic blend of stability, growth potential, and unparalleled demand. From prestigious central locations to high-growth outer boroughs, London provides diverse opportunities for all investment strategies.
There have been years of slow growth or periods of short-lived stagnation and lagging behind the national growth, but generally, the London property market has had an upward trajectory since 1975. Of course, London has shared the global property price crash in 2008/2009, the biggest fall in prices in modern history.
The most recent rapid growth of 2021 was sudden lifestyle changes during the pandemic, linked to lack of stock causing pent up demand from property buyers, as well as competitive mortgages, low interest rates and Government incentives such as the stamp duty tax reduction, furlough scheme and the mortgage guarantee scheme.
To accommodate its growing population London needs 52,000 new homes every year – as estimated in the Mayor’s London Plan. A decline in starts, permissions and applications over the last few years affected by the Pandemic, means future housing delivery will remain some way short of targets.
The average house prices in London increased annually by 5.5% in December 2021 reaching a record level of £521,000 and was nearly double the national average.
The annual London house prices increased by 4.8% over the year to March 2022. In March 2022, the most expensive London area to purchase a property was Kensington and Chelsea, where the average cost was £1.5 million. The cheapest borough was Barking and Dagenham, where the average cost was £342,000.
Faced with challenging economic circumstances that force changes in the way people rent and let property, London’s residential lettings market has proven exceptionally adaptable.
The city offers a fantastic range of rental property types and has well-established, expert lettings service providers including estate agents, managers, trades people and teams handling large portfolios and collections in the Prime, Central or Greater London locations.
As many other capital cities around the World, London is delivering a string of tremendous urban regeneration projects in almost every of its boroughs. These investment projects concern large underused/underutilized land or distressed and decaying urban areas as well as some smaller pockets of land within the well-developed districts which are due for better use or improvement. These transformations are to improve the physical and environmental aspects and the connectivity of a district, and to serve the growing population needs for housing.
The London 2012 Olympic legacy covers urban regeneration of districts hosting the Games including Tower Hamlets, Newham, Hackney, and Waltham Forest. Ten years on, and the process is still ongoing with many investment and construction projects underway or due in the coming years.
London boroughs with most regeneration projects (2021 data) are Tower Hamlets (23), Islington (17), Lambeth (16), Hackney (15), and Southwark (13).
*Elaine’s responses are for informational purposes only and may not always be accurate or up-to-date. Please consult a our professionals for detailed advice.
Please note that Fabrik Invest Ltd is not authorised or regulated by the Financial Conduct Authority and as such is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage you to consult an FCA-authorised Independent Financial Adviser before committing to any form of investment. This is not an offer to participate in a collective investment scheme as defined in section 235 of the Financial Services and Markets Act (2000) and as such investors will not have access to the Financial Services Compensation Scheme or the Financial Ombudsman Service.
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