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: | Kennington | |||||||
Catergory: | C | |||||||
Postcode: | SE11, SE17 | |||||||
In Congestion Zone: | No – 2.0 miles outside. | |||||||
Parking and Traffic: | Permits & Meters. No significant traffic trouble spots. | |||||||
Ethnicity Bias: | Afro Caribbean, Portuguese | |||||||
Investor Profile | Pension, Business, Cash&Equity, University | |||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 30 | 2 | 20 | 11 | ||||
Yield Range: | 5.1% - 7.5% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Studio flat | 100,000 | 140,000 | 145 | 200 | 7.4% | 7.5% | ||
1 bed flat | 135,000 | 190,000 | 175 | 260 | 6.7% | 7.1% | ||
2 bed flat | 175,000 | 325,000 | 225 | 375 | 6.0% | 6.7% | ||
2 bed house | 255,000 | 345,000 | 250 | 350 | 5.1% | 5.3% | ||
3 bed house | 285,000 | 425,000 | 300 | 500 | 5.5% | 6.1% | ||
Valuations above the London average by: | 8.2% (£261,746) | |||||||
Actual | London Average | |||||||
Capital growth last 12 months: | -7.6% | 19% | ||||||
Capital growth last 48 months: | 93.2% | 89% | ||||||
Tube: | Kennington Northern Line (Zone 2) – 10 mins to Embankment. | |||||||
Demand For Letting: | Good | |||||||
Average void period: | 7 days | |||||||
Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
Out of 10: | 6 | 4 | 2 | |||||
Summary: | Great location and perfect for above average capital growth. | |||||||
Sought After Streets: | Kennington Lane, Kennington Road, The Oval. | |||||||
Description: | This area and surrounding is a mixed lot – there are beautiful mews dotted around amongst large council blocks and estates so look hard. The reason that I choose Kennington is that it is very close to Westminster – just over Vauxhall Bridge and you’re there. Its very popular with professional people (including MPs) seeking a home rather than a flat to live in. many often seek rented accommodation due to the short term nature of their employment contracts. My friend has a 2 bed flat in Westminster and he gets £350 a week. He has never had a problem with his tenant and I’m not surprised as this area will only attract quality tenants. Kennington serves Westminster quite well. Look for tenants working north of Vauxhall Bridge as these will tend to be better. A number of loft apartments are springing up and also converted office blocks overlooking the river. Check out Kennington Cross as this a bit more pleasant on the eye and has a number of converted flats perfect for renters. | |||||||
Estate Agents: | Name | Address | Tel | Web | ||||
Kinleigh Folkard & Hayward | 310-312 Kennington Road, Kennington, London, SE11 4LD | 020 7582 7773 | www.kfh.co.uk | |||||
Field & Sons | 1 Wincott Parade, Kennington Road, London, SE11 6SR | 020 7840 0666 | www.fieldandsons.co.uk | |||||
Alan Fraser & Co | 181-183 Kenington Lane, London, SE11 4EZ | 020 7587 1004 | ||||||
Daniel Cobb | 191, Kennington Lane Kennington London SE11 5QS | 020 7735 9510 | www.danielcobb.co.uk | |||||
Movingspace.com | 377-379, Kennington Lane London SE11 5QY | 020 7793 1999 | www.movingspace.com | |||||
Barnard Marcus | 315, Kennington Rd Kennington London SE11 4QE | 020 7735 0922 | ||||||
Letting Agents: | Name | Address | Tel | Web | ||||
Burns & Shield | 314 Kennington Road, London, SE11 4LD | 020 7582 7799 | www.burnsandshield.co.uk | |||||
Daniel Cobb Residential | 191 Kennington Lane, Kennington, London, SE11 5QS | 020 7735 9510 | www.danielcobb.co.uk | |||||
Greenacre & Co | 181 Kennington Lane, London, SE11 4EZ | 020 7735 0760 | ||||||
Ludlow Thompson | 4-6 Clapham Road, London, SW9 0JG | 020 7820 4100 | www.ludlowthompson.com | |||||
Barnard Marcus | 020 7820 3609 | www.sequencehome.co.uk | ||||||
Movingspace.com | 377-379, Kennington Lane London SE11 5QY | 020 7793 8111 | www.movingspace.com |