Why Acton could be one of London’s next buy-to-let hotspots
- 19th June 2019
- Buy-To-Let Property News
Billions of pounds of investment pour into the area attracting young professionals
Buy-to-let investors are constantly on the hunt for the next London hotspot and regeneration projects are a good indicator of where these may be. The West London town of Acton has seen huge levels of investment in recent years, with recent projects including The Oaks shopping centre and the development of South Acton Estate.
The new shopping centre will provide quality retail and leisure facilities in Acton, while the development of South Acton Estate, will eventually be home to about 8,000 people. Both developments look set to attract young professionals considering moving to the area.
Acton already benefits from great transport links, with the night tube serving three stations in the area on both the Piccadilly and Central lines. With the Elizabeth Line arriving later this year, transport links from Acton to central London are set to further improve.
Imperial College London’s major new campus in White City provides a strong supply of UK, European and international post graduate and undergraduate students, looking for residential accommodation. Local events such as the mid-summer community carnival, and Acton High Street market, help create a community spirit which leads to students often choosing to stay in the areas after their studies.
The ability of an area to attract young professionals and families often gives a strong boost to residential rental prices. This is helping Acton become one of London’s prime BTL locations as potential buyers still benefit from comparably low prices compared with the rest of London.
Stephen Ludlow, Chairman at ludlowthompson, says: “Major infrastructure investments in Acton, are a good indicator of the potential for future rental growth.”
“Imperial College London is one of the top ten universities in the world and the campus in White City is a huge draw for students. The new student campus, combined with improving transport links and the strong community spirit of Acton, are all providing a stream of tenants looking for residential property in the area.”
If you are looking for your next buy-to-let investment in the capital, speak to your local expert today. Here is a selection of recent reviews from happy customers of ludlowthompson via Google:
Fast, professional and good customer service especially from Michael. He is always helpful and a kind person.
xiomara Vasquez via Google Review
Dealt with Sarah from the Acton office. Service from her was amazing, was very knowledgeable. Definitely recommended
“Major infrastructure investments in Acton, are a good indicator of the potential for future rental growth.”
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