Investing in North West London property in 2016
Leafy North West London has always been popular with families, celebrities and professionals. Primrose Hill, Hampstead and St John’s Wood are considered to be some of the most sought after areas in London. But with this come premium prices. So, should buyers shift their focus and if so, where ?
Laura Dam Villena, Head of Knight Frank’s Queen’s Park office, says property investors in Queen's Park, NW6, and Willesden Green are on to a good thing in 2016 and beyond.
Where to invest in property in North West London in 2016
“While Queen’s Park has seen 9.8% growth year on year against a less rapid movement amongst most prime central London locations, the market keeps on growing.
"The secret is out that Queen’s Park benefits from excellent transport connections into central London and offers a village community lifestyle surrounding a 12 hectare park with attractive tree-lined roads full of Edwardian architecture.
“Many properties still offer scope to extend into the loft or a side return at the rear, allowing purchasers to create the perfect family home and add value to existing buildings. For buyers with a slightly smaller budget, Willesden Green which is just up the road and on the Jubilee line, is seeing extensive changes to the high street."
"The new architecturally designed library offers art gallery spaces, a museum on local history and a café, opening soon. The area is frequently welcoming new additions to the high street with pop-ups for small enterprises and cafés such as Vicki’s, which provides fantastic coffee and a healthy menu. With more leafy streets offering period houses and mansion blocks, this is a hotspot that won’t be ignored for much longer.”
For tailored property investment advice speak to one of our experienced property agents or search for property for sale in North West London.
View where to invest in properties in other London areas in 2016