CONTENTS: INTRODUCTION, UNDERSTANDING THE TEMPLATES, BETHNAL GREEN, PADDINGTON, BARNES, ACTON, KINGS CROSS, CAMDEN, CHISWICK, CLAPHAM, CROUCH END, EAST DULWICH, EALING, FINCHLEY, GOLDERS GREEN, HAMMERSMITH, BELSIZE PARK, HIGHGATE, HOLLAND PARK, ISLINGTON, KENNINGTON, KENSINGTON, TUFNELL PARK, KILBURN, MAIDA VALE, MUSWELL HILL, NOTTING HILL, PIMLICO, POPLAR, PUTNEY, RICHMOND, SHEPHERDS BUSH, COVENT GARDEN, ELEPHANT & CASTLE, GREENWICH, STEPNEY, FRIERN BARNET, WANDSWORTH, WEST HAMPSTEAD, WIMBLEDON, BERMONDSEY, PROPOSED TUBE STATIONS, PROPOSED RAIL STATIONS, POWER OF THE POSTCODES, CONGESTION ZONE
Area: | Highgate | |||||||
Catergory: | C | |||||||
Postcode: | N6, N19 | |||||||
In Congestion Zone: | No – 4.2 miles outside. | |||||||
Parking and Traffic: | Free. Archway Road and Highgate Hill gets congested. | |||||||
Ethnicity Bias: | None | |||||||
Investor Profile | Pension, Business, Cash&Equity, University | |||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 23 | 2 | 17 | 12 | ||||
Yield Range: | 4.0% - 9.7% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Studio flat | 100,000 | 140,000 | 140 | 260 | 7.3% | 9.7% | ||
1 bed flat | 160,000 | 265,000 | 185 | 320 | 6.0% | 6.3% | ||
2 bed flat | 185,000 | 310,000 | 240 | 410 | 6.7% | 6.9% | ||
2 bed house | 260,000 | 650,000 | 300 | 500 | 4.0% | 6.0% | ||
3 bed house | 325,000 | 840,000 | 400 | 650 | 4.0% | 6.4% | ||
Valuations above the London average by: | 104.3% (£494,090) | |||||||
Actual | London Average | |||||||
Capital growth last 12 months: | -6.4% | 19% | ||||||
Capital growth last 48 months: | 69.8% | 89% | ||||||
Tube: | Highgate Northern Line (Zone 3) – 18 mins to Euston and 20 mins to Kings Cross | |||||||
Demand For Letting: | Good | |||||||
Average void period: | 6 days | |||||||
Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
Out of 10: | 6 | 3 | 3 | |||||
Summary: | Expensive but worth it. Long term tenant potential. | |||||||
Sought After Streets: | Swain’s Lane, West Hill Park and Cromwell Avenue. | |||||||
Description: | You have to look hard here to find something. Highgate is expensive but its now the alternative to Hampstead and represents good value relative to Hampstead’s prices. The area attracts high earners (mandatory to afford these prices!) and they are willing to pay a good rental price for the right property. The yields can be better at the top end of the market as the type of tenants in this area have the money to pay for a property with the perfect view, plush décor, proximity to station, location to amenities etc. I like this area’s location considering its neighbour’s – Hampstead (mentioned above), Muswell Hill, Crouch End, Islington and Camden. All great areas from a living point of view. If Highgate hasn’t got what you want you’ll be guaranteed that one of your neighbours has got it. Highgate prides itself for such low migration rates. People moving in Highgate are moving to another place in Highgate. | |||||||
Estate Agents: | Name | Address | Tel | Web | ||||
Benham & Reeves | 35 High Street, Highgate, London, N6 5JT | 020 8348 2341 | www.benhamandreeves.co.uk | |||||
Day Morris Associates | 61 Highgate High Street, Highgate, London, N6 5JY | 020 8348 8131 | ||||||
Litchfields LTd | 44 Highgate High Street, Highgate, London, N6 5JG | 020 8348 8000 | www.litchfields.com | |||||
Winkworth | 36 Highgate High Road, Highgate, London, N6 5JG | 020 8341 1988 | www.winkworth.co.uk | |||||
Stonebridge & Co | 49 Highgate West Hill, Highgate, London, N6 6DA | 020 8341 6938 | www.stonebridgeandco.com | |||||
A Vos Property Agents | West Hill House, 6 Swains Lane, Highgate, London, N6 6QU | 020 7267 6600 | www.avosproperty.com | |||||
Simon Clarke Residential | 208 Archway Road, Highgate, London, N6 5AX | 020 8340 3800 | ||||||
Letting Agents: | Name | Address | Tel | Web | ||||
Mendoza Residential Ltd | 16 Aylmer Parade, London, N2 0PE | 020 8348 6363 | www.mendozaresidential.com | |||||
Taylor Gibbs | 33 Highgate High Street, Highgate, London, N6 5JT | 020 8348 8105 | www.taylorgibbs.co.uk | |||||
Anscombe & Ringland | 2 South Grove, Highgate Village, London, N6 6BS | 020 8340 2600 | www.chancellors.co.uk | |||||
Benham & Reeves Residential Lettings | 17 Aylmer Parade, Great North Road, London, N2 0PE | 020 8341 2335 | www.benhamreeveslettings.co.uk | |||||
TMD Properties | 11, Highgate High St London N6 5JT | 020 8341 1166 | www.tmdproperties.co.uk | |||||
Forestdale Lettings Ltd | 196, Archway Rd Highgate London N6 5BB | 020 8340 0099 |