KILBURN - Ajay Ahuja

Area:	Kilburn
Catergory:	C
Postcode:	NW6
In Congestion Zone:	No – 2.1 miles outside
Parking and Traffic:	Permits & Meters. Kilburn High Rd gets congested.
Ethnicity Bias:	Asian, Jewish, Afro Caribbean & Irish
Investor Profile	Pension, Business, Cash&Equity, University
Crime:	Violence		Sexual		Burglary		Motor
Per 1000 population	27		2		16		11
Yield Range:	5.4% - 8.0%
Price Ranges	Low £	Hi £		Low £pw	Hi £pw	Low		Hi
Studio flat	110,000	155,000		145	220	6.9%		7.4%
1 bed flat	110,000	210,000		170	250	6.2%		8.0%
2 bed flat	170,000	260,000		210	300	6.0%		6.4%
2 bed house	220,000	300,000		260	325	5.6%		6.1%
3 bed house	300,000	500,000		325	515	5.4%		5.6%
Valuations above the London average by:	19.0% (£287,708)
	Actual				London Average
Capital growth last 12 months:	4.9%				19%
Capital growth last 48 months:	58.6%				89%
Tube:	Kilburn Jubilee Line (Zone 2) – 18 mins to Charing Cross Kilburn Park Bakerloo (Zone 2) – 10 mins to Paddington
Demand For Letting:	Okay
Average void period:	14 days
	Total (out of 10)			Capital Growth (out of 5)		Yield (out of 5)
Out of 10:	6			4		2
Summary:	Not the prettiest of areas but offers lots of potential growth.
Sought After Streets:	Kilburn High Road, Willesden Lane and Mutrix Road.
Description:	If you head up the Kilburn High Road for 3 miles (leading on to Edgeware Road) you are straight in to Marble Arch. You would never think it as Kilburn High Road and the roads off it are ugly – that’s the only word for it. If you look to the right while driving to the centre, you will be looking at West Hampstead as the road is the boundary between Kilburn and West Hampstead. This area is a hotspot as once the high road eventually ‘cleans up’ the property prices in this area will be a decent proportion of its neighbours. The area has great transport links with 2 tube stations and 4 railway stations. This makes this area textbook investing simply because of its location and its not so desirable appearance. Its only a matter of time for this area – how long? its difficult to tell. One thing I can tell you is that there are a lot of investors purchasing flats in and around Kilburn, especially in the high road area. You can rely on tenant demand to be strong simply because of its location but there is also a community forming and the high road showing some signs of improvement. People are now choosing to live here rather than seeing it as second best. Give it 10 years and you wont regret investing in this area.
Estate Agents:	Name		Address		Tel		Web
	Harris & Co		106 West End Lane, London, NW6 2LS		020 7624 8101		www.harrisco-property.co.uk
	Temple Trees Estate Agents		201 Belsize Park, London, NW6 4AA		020 7813 0200		www.templetrees.co.uk
	In London Properties		69 Fairfax Road, London, NW6 4EE		020 7625 1266		www.inlondonproperties.co.uk
	Greene & Co		146 West End Lane, London, NW6 1SD		020 7328 3232		www.homeishere.co.uk
	Queens Park Real Estates		85, Salusbury Rd London NW6 6NH		020 7372 5950		www.queensparkrealestates.co.uk
	Kinleigh Folkard & Hayward		199a, West End Lane West Hampstead London NW6 2LJ		020 7328 2238		www.kfh.co.uk
Letting Agents:	Name		Address		Tel		Web
	Queens Park Real Estates		85 Salusbury Road, London, NW6 6NH		020 7372 5950		www.queensparkrealestates.co.uk
	Living Residential		51 Fortune Green Road, London, NW6 1DR		020 7435 6066		www.livingresidential.com
	Alexanders		Alexander House, 337 West End Lane, London, NW6 1RS		020 7431 0666		www.alexanders-uk.com
	Storm Estates Ltd		31 Mill Lane, London, NW6 1NX		020 7794 8585
	The London Letting Co		190 Kilburn High Road, London, NW6 4JD		020 7624 7976
	Lonafield Property Services Ltd		53 Hemstal Road, London, NW6 2AD		020 7624 6646
	Debben Homes UK Ltd		258 Belsize Road, London, NW6 4BT		020 7316 1860

CLICK FOR NEXT SECTION

The Ajay Ahuja Website - full of free advice, property tips and more...