In Congestion Zone:No – 1.5 miles outside.
Parking and Traffic:Permits & Meters.  No significant traffic trouble spots.
Ethnicity Bias:Asian
Investor ProfilePension, Business, Cash&Equity, University
Per 1000 population3521027
Yield Range:6.2%-9.9%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat87,00097,0001351858.1%9.9%
1 bed flat95,000175,0001752607.7%9.5%
2 bed flat145,000280,0002103606.7%7.5%
2 bed house210,000310,0002604206.4%7.0%
3 bed house260,000400,0003104906.2%6.4%
Valuations above the London average by:-5.6% (£228,249)
ActualLondon Average
 Capital growth last 12 months:16.2%19%
 Capital growth last 48 months:99.9%89%
 Tube:Bethnal Green.  Central Line (Zone 2) – 17 mins to Oxford Street
Demand For Letting: Excellent
Average void period:1 week
Total(out of 10)Capital Growth(out of 5)Yield(out of 5)
Out of 10:844
Summary:Extremely close to the City with excellent rental yields – could be the next ‘Farringdon’.
Sought After Streets:Corfield St, Millenium Place – Cambridge Heath Rd, Hackney Rd, Moravian St & Globe Rd.
Description: I find this place amazing.  It is a £3 cab ride or a 3 minute tube journey and you are in Liverpool Street, the heart of the financial capital of the world!  Yet the area looks run down in places with only a few pockets of ‘nice’ areas.  The nice areas being the old ex-local authority Victorian flats such as Corfield Street off Bethnal Green High Road which are no more than 5 storeys high, loft conversion flats springing up by developers from disused schools and warehouses and newly builds such as Millennium Place opposite Cambridge Heath Station.These areas are highly sought after by the young professionals who work in the city.  This has led to both property and rental prices rising in proportion with each other hence the decent yields of nearly 10% in some areas.  I think these young professionals do not mind taking the risk in living in these east-end ex-gangster type of areas as they get a lot more for their money.  Shoreditch is only a brief stroll down Bethnal Green High Road and there they enter into trendy-bar city where other young professional 20-somethings meet up.

Tenant demand will be strong if our financial economy is strong as this area relies on jobs being provided by the city.  Currently the state of the financial economy seems good for at least the next 12 months but be aware this can change quite rapidly.  In the last 6 years the number of jobs in London have grown by 17% but we are heavily linked to the US economy so it pays to keep abreast of what’s going on across the Atlantic.

Queen Marys Hospital & College is a 5 minute walk and hence the area proves to popular with the medical students.  The college is keen to hear from landlords as there is a shortage of student accommodation and offer a fee free tenant finding service.

I think out of all the areas in London I think this area will be radically different in 20 years to what it is today.  It is ripe for gentrification and is within distance of the burgeoning financial city to be gobbled up and turned in a support centre of hotels, restaurants and bars for international business visitors.

 Estate Agents:NameAddressTelWeb
Land & Co485-487 Bethnal Green Road, Bethnal Green, London, E2 9QH020 7729
W J Meade492 Bethnal Green Road, London, E2 0EA020 7729 4360
Express Homes2 Approach Road, Bethnal Green, London, E2 9LY020 8981 8526
Global Estate Agents475 Bethnal Green Road, London, E2 9QH020 7729 6767
Cityfish Property Services121 Bethnal Green Road, London, E2 7DG020 7739 1414
Hamilton Fox Estate Agents488 Bethnal Green Road, London, E2 0EA020 7729 8777
 Letting Agents:NameAddressTelWeb
Alan Harvey Property Services462 Roman Road, Bow, London, E3 5LU020 8980
W J Meade490-492 Bethnal Green Road, London, E2 0EA020 7729
Londons People Property Services41 Roman Road, Bethnal Green, London, E2 0HU020 8981 9292
Major Properties Ltd71 Temple Street, London, E2 6QQ020 7739 1600
Stephen James8a Hackney Road, London, E2 7NS020 7739 4300
Abiba Lettings283a Kingsland Road, London, E2 8AS0845 130 0225