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: | Covent Garden | ||||||||
| Catergory: | B | ||||||||
| Postcode: | WC2 | ||||||||
| In Congestion Zone: | Yes. | ||||||||
| Parking and Traffic: | Permits & Meters. Congested all weekend. | ||||||||
| Ethnicity Bias: | International | ||||||||
| Investor Profile | Pension, Business, Cash&Equity, University | ||||||||
| Crime: | Violence | Sexual | Burglary | Motor | |||||
| Per 1000 population | 36 | 3 | 10 | 6 | |||||
| Yield Range: | 4.3% - 10.1% | ||||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | |||
| Studio flat | 135,000 | 275,000 | 155 | 360 | 6.0% | 6.8% | |||
| 1 bed flat | 225,000 | 450,000 | 260 | 695 | 6.0% | 8.0% | |||
| 2 bed flat | 350,000 | 950,000 | 360 | 1850 | 5.3% | 10.1% | |||
| 2 bed house | 475,000 | 2,000,000 | 750 | 2,100 | 5.5% | 8.2% | |||
| 3 bed house | 650,000 | 3,000,000 | 900 | 2,500 | 4.3% | 7.2% | |||
| Valuations above the London average by: | 130.3% (£557,022) | ||||||||
| Actual | London Average | ||||||||
| Capital growth last 12 months: | 5.5% | 19% | |||||||
| Capital growth last 48 months: | 6.0% | 89% | |||||||
| Tube: | Covent Garden Piccadily (Zone 1) – 7 mins to Oxford Circus | ||||||||
| Demand For Letting: | Excellent | ||||||||
| Average void period: | 2 days | ||||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | |||||||
| Out of 10: | 8 | 4 | 4 | ||||||
| Summary: | Very central party goer’s area with excellent yields and capital growth. | ||||||||
| Sought After Streets: | Everywhere! | ||||||||
| Description: | I would love to have a flat here for all the wrong reasons – its right next to the all night party zones Leicester Square and Soho. I am not alone in this thinking. The young and very rich ‘it’ wannabes want to live here also. There is a big premium paid to live here and this is reflected in the high property prices and equally high rental prices. The area has not been any kind of boom over the last 4 years – its always been expensive! Don’t expect to find many properties for sale here. A lot of the buildings in this area have either turned in to retail units or offices. Due to the lack of supply of living space in this area and demand being high the rental figures can ever only be guides. If you have a property that someone wants to rent, and money is no object to them, don’t be surprised if you get a yield of 12% or greater. Try to find a property with a unique twist like a balcony overlooking Covent Garden Square for example. | ||||||||
| Estate Agents: | Name | Address | Tel | Web | |||||
| Freshwater Group | Freshwater House, 158-162 Shaftesbury Avenue, Covent Garden, London, WC2 | 020 7836 1555 | |||||||
| Feiner de Smith | 47 Poland Street, Covent Garden, London, W1F 7N6 | 020 7734 3931 | |||||||
| Drury Estates Ltd | 2 Nottingham Court, Covent Garden, London, WC2H 9BF | 020 7395 5100 | www.druryestates.co.uk | ||||||
| Copping Joyce | 196 Shaftesbury Avenue, Covent Garden, London, WC2 | 020 7379 5300 | |||||||
| Winkworth | 5 New Oxford Street, Covent Garden, London, WC1A 1BH | 020 7240 3322 | |||||||
| Alan Croft & Partners | 25, Garrick St London WC2E 9AX | 020 7240 7494 | |||||||
| Letting Agents: | Name | Address | Tel | Web | |||||
| Copping Joyce | 196 Shaftesbury Avenue, London, WC2H 8JF | 020 7836 2888 | www.coppingjoyce.co.uk | ||||||
| John D Wood & Co Lettings | 020 7436 6666 | www.johndwood.co.uk | |||||||
| Barnard Marcus | 020 7637 8702 | www.sequencehome.co.uk | |||||||
| Doorknobs | 23, Rose St London WC2E 9EA | 020 7240 1716 | www.doorknobs.co.uk | ||||||