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: | Poplar | |||||||
| Catergory: | B | |||||||
| Postcode: | E14 | |||||||
| In Congestion Zone: | No 2.8 miles outside. | |||||||
| Parking and Traffic: | Permits & Meters. No significant traffic trouble spots. | |||||||
| Ethnicity Bias: | Afro Caribbean & Asian | |||||||
| Investor Profile | Pension, Business, Cash&Equity, University | |||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 34 | 2 | 10 | 12 | ||||
| Yield Range: | 4.7% - 8.5% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Studio flat | 95,000 | 120,000 | 135 | 175 | 7.4% | 7.6% | ||
| 1 bed flat | 100,000 | 200,000 | 160 | 205 | 5.3% | 8.3% | ||
| 2 bed flat | 125,000 | 265,000 | 205 | 285 | 5.6% | 8.5% | ||
| 2 bed house | 155,000 | 280,000 | 210 | 255 | 4.7% | 7.0% | ||
| 3 bed house | 175,000 | 230,000 | 220 | 280 | 6.3% | 6.5% | ||
| Valuations above the London average by: | 2.6% (£248,109) | |||||||
| Actual | London Average | |||||||
| Capital growth last 12 months: | 11.4% | 19% | ||||||
| Capital growth last 48 months: | 98.0% | 89% | ||||||
| Tube: | None. Poplar service available from Docklands Light Railway (Zone 2) – 35 mins to Embankment. | |||||||
| 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: | 5 | 2 | 3 | |||||
| Summary: | Good yields with the possibility of yields only improving. Lack of transport keep prices low. | |||||||
| Sought After Streets: | East India Dock Road, Giraud Street and Duff St. | |||||||
| Description: | I like the 2-bed ex-local authority flats. You will see from above you can get 8.5% yield from these flats which is good for London. Poplar is north of the much talked about Docklands and is linked to the city and Canary Wharf by the DLR system. You get a lot of value in this area as there is no tube and is seemed inferior to the Docklands development. There are plenty of developments in Poplar (even more in Docklands!), some council projects and some private developers. Its worth a drive down there to see if you can snap up any off plans in this falling market. There has been a lot of right-to-buys in this area and there are always ex-local authority flats available. You have to be careful of saturation of the rental market in this area. Make sure your property is decorated to a higher standard than the rest as it’s a tenant’s market and they are proving to be more fussy than ever. | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Housemartin Estate Agents | 24 Market Way, London, E14 6AH | 020 7531 3636 | ||||||
| Paul James Properties | 125 Poplar High Street, London, E14 0AE | 020 7093 1032 | ||||||
| F P S Savills | 42 Orchard Place, London, E14 0JH | 020 7538 1999 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| MCS Meridian Ltd | Grampian House, Meridian Gate, 205 Marsh Wall, London, E14 9YT | 020 7538 5388 | www.mcsmeridian.com | |||||
| Spires International | Unit 1, 17 Pepper Street, London, E14 9RP | 020 7512 2121 | www.spires.co.uk | |||||
| Belvoir Lettings Docklands (London) | 35 Pepper Street, Docklands, London, E14 9RP | 020 7517 6969 | www.belvoirlettings.com | |||||
| Dauntons | 8, Denbigh St Pimlico London SW1V 2ER | 020 7834 8000 | www.dauntons.co.uk | |||||
| Kinleigh Folkard & Hayward | 15, Sussex St Pimlico London SW1V 4RR | 020 7834 3636 | www.kfh.co.uk | |||||
| Douglas & Gordon | 67-68, Warwick Square London SW1V 2AR | 020 7931 8300 | www.douglasandgordon.com | |||||