HAMMERSMITH - Ajay Ahuja

Area:	Hammersmith
Catergory:	B
Postcode:	W6
In Congestion Zone:	No – 4.1 miles outside.
Parking and Traffic:	Permits & Meters. A4 and Hammersmith Bridge gets congested.
Ethnicity Bias:	None
Investor Profile	Pension, Business, Cash&Equity,
Crime:	Violence		Sexual		Burglary		Motor
Per 1000 population	26		1		12		7
Yield Range:	4.6% - 9.1%
Price Ranges	Low £	Hi £		Low £pw	Hi £pw	Low		Hi
Studio flat	100,000	150,000		175	225	7.8%		9.1%
1 bed flat	165,000	265,000		225	410	7.1%		8.0%
2 bed flat	200,000	375,000		300	600	7.8%		8.3%
2 bed house	360,000	465,000		340	455	4.9%		5.1%
3 bed house	375,000	675,000		410	600	4.6%		5.7%
Valuations above the London average by:	14.7% (£277,381)
	Actual				London Average
Capital growth last 12 months:	-2.3%				19%
Capital growth last 48 months:	67.7%				89%
Tube:	Hammersmith District, Piccadilly, Hammersmith and City Lines (Zone 2) – 17 mins to Embankment and 11 mins to Paddington
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:	5			2		3
Summary:	Good yields and tenant demand. You’re money is safe here.
Sought After Streets:	Fulham Palace Rd, St Dunstan’s Rd and Hammersmith Rd.
Description:	This area is textbook. Its putting theory in to practice. If you build a road, the M4, direct from Heathrow to a London address that is 4 miles from the centre then watch the big corporations follow. Many a head office is located in Hammersmith, including my own bank, Citibank. This creates strong demand from these workers for good rental properties and this is why it’s a hotspot – tenant demand is high! I have to admit, traffic is bad. Lots of people live here but the road sizes do not reflect this! There are an abundance of flats, both purpose built and conversions, and I would try to go for either flats near the well connected tube station or near the road link M4. Apart from the traffic I imagine it’s a great place to live. Close to the centre of London, lots of trendy bars, restaurants and clubs, good shops and malls and its next to the river. This area is right next to the BBC headquarters in Shepherds Bush and attracts the higher paid workers to the area as they can afford it. The fall in prices over the 12 months is simply a correction of the buying frenzy of last year by people desperate to move in to the area. Prices are a lot more sensible this year.
Estate Agents:	Name		Address		Tel		Web
	Finlay Brewer		138 Shepherds Bush Road, Hammersmith, London, W6 7PB		020 7371 4171		www.finlaybrewer.co.uk
	Wetherby Management Services		274 King Street, Hammersmith, London, W6 0SP		020 8846 9060
	Collingwoods		30 Paddenswick Road, Hammersmith, London, W6 0UB		020 8743 8741
	London Estates		61 Dalling Road, Hammersmith, London, W6 0JD		020 8741 8485		www.london-estates.net
	Millar Kitching Management Ltd		Cording House, 34 St James Street, Hammersmith, London, SW1A 1JD		020 7808 3434		www.millar-kitching.co.uk
	Royston		118-120 Glenthorn Road, Hammersmith, London, W6 0LP		020 8563 7100
	Cendant – Century 21 UK		Landmark House, Hammersmith Bridge Road, London, W6 9RJ		020 762 6622		www.cendant.com
Letting Agents:	Name		Address		Tel		Web
	Barnard Marcus				020 7603 0000		www.sequencehome.co.uk
	Bushells				020 7371 3171		www.bushells.com
	Kinleigh Folkard & Hayward		180 King Street, Hammersmith, London, W6 0RA		020 8563 9889		www.kfh.co.uk
	Marsh & Parsons		107-109 Shepherds Bush Road, London, W6 7LP		020 7605 7760		ww.marshandparsons.co.uk
	Sebastian Estates		190 Fulham Palace Road, London, W6 9PA		020 7381 4998		www.sebastianestates.co.uk
	Finlay Brewer Ltd		138 Shepherds Bush Road, London, W6 7PB		020 7371 4171		www.finlaybewer.co.uk

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