9. London Regenerating Areas for Property Investment
08-16-2004
The tabulation shown was prepared PropertyInvesting.Net to help property investors - it provides a summary of many of the key investment areas within East and South-East London which are likely to be positively impacted by the following new infra-structure developments in the next ten years:
- South London Line tube extension via New Cross, Brockley and Peckham (2010)
- East London Olympic bid (2005, if successful 2012 based in Stratford)
- Dockland Light Railway extension to Woolwich (2008)
- Thames Gateway Bridge near Thamesmead (2012)
- Tube extension to Hackney (2010)
- Crossrail - Stratford to Heathrow (2014)
- Eurostar International Station at Stratford (2007)
- City airport expansion (ongoing)
- Canary Wharf office space expansion (ongoing)
Property purchased close to these new stations and infra-structure projects, preferably within quiet Victorian neighbourhoods, are likely to see significant above trend house price movements in the next ten years, continuing the trend experienced in the last 5 years. Why? Because the population of London is forecast to expand by 800,000 people by 2015 - and most experts cannot see anything like the house building required to keep up with this demand. In addition, London is likely to remain a critically important global financial and services centre - providing solid and relativley high paid employment.
If customers have any comments about the tabulation, other views or areas that they believe should be included, please contact enquiries@propertyinvesting.net
