Where are the London property hotspots in 2022?

Posted on by Squarepoint
Listed Building

It is widely recognised that last year was another unpredictable, unprecedented year for the London and UK property market, the wider economy and the world as a whole. After the pandemic determined much of the property landscape during 2021, the question now is: what’s in store for 2022? The hope is that we will see greater stability in the property market and confidence among sellers to put their properties on the market where demand continues to outstrip supply.

Squarepoint Surveyors have experienced London building surveyors with 20+ years of experience in property surveying and the construction industry. We provide professional building advice to a wide range of clients, including property management companies, investors and developers, using our vast property industry knowledge and technical expertise to advance our client’s interests.

As far as London is concerned, recent research carried out by Knight Frank has revealed that demand in Prime Central London and affluent leafy suburbs is soaring as homebuyers are rediscovering their preference for the capital’s traditional postcodes in established, well-connected areas. As the table below shows, the biggest increases were found in Marylebone, Belgravia and Mayfair.

London Property table image

Source: https://www.knightfrank.co.uk/

Some of the most popular streets included Chiltern Street, Portland Place and Marylebone High Street, St Margaret’s Village in Richmond, the new Battersea Power Station development, Wimbledon Village and the Mapesbury Conservation Area near Queens Park.

At the other end of the property market spectrum, there are some interesting London hotspots that offer excellent opportunities for landlords and investors. According to London estate agents Portico, the combination of affordable property prices, rental yield performance and local regeneration places the following locations at the top of the list of where to buy in the capital.

  • Tottenham offers a rental yield of 4.5% and substantial opportunities for equity growth, backed by various regeneration projects in the area.
  • Seven Sisters is an up-and-coming area that provides affordable London property prices close to many popular and vibrant neighbourhoods, and a 4.4% rental yield.
  • Edmonton is a thriving multicultural community with excellent transport links and huge regeneration benefits, offering attractive rental yields of around 5.5%.
  • Barking yields rental returns of around 5.3% thanks to the area’s affordability and opportunity for growth on account of its connectivity and local regeneration efforts.
  • Ilford offers affordable property prices and 5.3% rental yields. The area is great for commuters, especially once the Elizabeth Line is operational.
  • Chadwell Heath is also set to benefit from the Elizabeth Line. This popular suburban area, close to vibrant neighbourhoods, offers affordable property prices and healthy yields of 5.5%.

Whether you are looking to invest in PCL property or an up-and-coming location, the capital offers many hotspots that are worth investigating for lucrative property investment in 2022. Squarepoint Surveyors operate throughout London, with three offices in Bloomsbury, North London and West London. We are a dynamic and client-focused firm of RICS Chartered Surveyors and a valuable professional point of contact for building survey services and party wall advice. For enquiries to discuss your property requirements, please get in touch.

Get In Touch

Get A Free Quote & Discuss Your Property Requirements with a RICS Accredited Surveyor Today

0207 651 0000
Get a Free Quote

I used Squarepoint for a party wall agreement. From my initial conversation with Eve through to Adam completing the party wall award, the process was smooth, professional and timely given the challenges of COVID lockdown. Thank you for your great service.

Really helpful team at Squarepoint, on hand to help with any queries and take you through the whole process clearly and at a pace guided by you. Our party wall surveyor, Adam, was great at communicating and efficient throughout  the whole process, could not ask for more.

I had been hunting for a simple job that required a surveyor’s expertise, but had been struggling to find trust throughout my enquiries, until I spoke to Adam.

The advice simply and honestly given by Adam on our first call was remarkable. His friendly but competent application and manner made it easy for me to hire him, and not only did he more than deliver on the required services, but his price was the most competitive I could find. Would highly recommend Eve and Adam at Squarepoint.”

 

I recently hired Adam to help with a party wall award required on both sides of my terraced house.

He was able to liaise with both parties to answer their initial questions/concerns, which led to them both appointing him as the agreed surveyor, which saved me time and money.

Adam prepared the final award comprehensively and quickly. I would thoroughly recommend him and his friendly Admin assistant Eve.

From the very first time I called Scott, he was very attentive to my requirements for a building survey. From the outset he noted down my areas of concern, updated me with progress prior to the survey and gave me a thorough debrief after the survey. The quality of his report was excellent, very easy to understand and, importantly, comprehensive.

I was extremely pleased with the excellent service provided by Scott Buchanan of Squarepoint Chartered Surveyors, and  I hope to contact yourselves in due course with a view to getting further advice.

Working with Adam Graham at Squarepoint was a very smooth and easy process. He was always clear and thorough in our communication and provided very detailed advice. I would highly recommend Squarepoint!”

The team at Squarepoint were very helpful, knowledgeable and understanding when dealing with my loft conversion and party wall agreement.”

We have used Squarepoint Chartered Surveyors at several of our Parishes and have found them to be very efficient in the production of reports on a variety of issues such as building condition surveys and PPM, defect investigations and Party Wall matters.”

Young, trustworthy, professionally competent and committed to delivering on time and on budget.”

Fast and friendly service with an extremely thorough survey. The Surveyor’s phone call to explain the findings of the report, before the official survey was sent, was invaluable.