New line joins Night Tube network – which areas to benefit the most?
- 1st December 2016
- Property Tips
Northern Line has now joined the ever growing network –areas within easy walking distance to the line set to benefit the most
London’s reputation as a city that never sleeps may not quite match New York’s yet but it has received a great boost from the 24 hour Underground services now being run on Fridays and Saturdays. Major parts of the Northern Line (the Charing Cross branch) have just been added to the Night Tube network.
Those areas of London along the Northern Line now look set to see an increase in their popularity further with the Night Tube. This is especially true of areas in zones three and four, where the Northern Line is the primary transport link into central London.
Young professionals in particular look to get on the housing ladder in areas now served by the Night Tube, so they can still take advantage of London’s bustling night life.
In south London, the extension of the Night Tube services will enhance the popularity of South Wimbledon, Colliers Wood, and Tooting, by improving their connectivity to central London on Friday and Saturday nights.
Where there is currently limited underground services, the introduction of the Night Tube will prove popular with current residents and prospective homebuyers looking to purchase in the area.
Locations in North London will also benefit from the Night Tube on the Northern Line, including those stations at the end of the line including Barnet and Edgware.
With the Central, Victoria, and Jubilee lines already on the Night Tube, looking ahead, the service may also be extended to parts of the London Overground in 2017, so for any potential property buyer or investor it is worth keeping a very close eye on events.
Transport for London also says it is planning a further extension of the service to parts of the Metropolitan, Circle and District and Hammersmith lines, once modernisation programmes are complete.
Stephen Ludlow, Chairman of ludlowthompson says: “Having the Night Tube service within close proximity can make a location even more popular, particularly amongst the young, well-paid professionals who flock to London each year.
“Areas particularly at the extremities of the network, that might have previously been overlooked, will now likely be on potential homebuyers’ radar.
“Hopefully the mooted plan to extend it to the Overground will become a reality because this could generate some intriguing investment possibilities in areas which are currently still regarded as a little bit off the beaten track.
“These plans show the Government’s commitment to investment in London’s infrastructure. This can only be good news for the property market and boost London’s international status as a vibrant and exciting place to live and work.”
Having the Night Tube service within close proximity can make a location even more popular, particularly amongst the young, well-paid professionals who flock to London each year
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