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: | Richmond | |||||||
| Catergory: | A | |||||||
| Postcode: | TW9 | |||||||
| In Congestion Zone: | No – 8.8 miles outside. | |||||||
| Parking and Traffic: | Permits & Meters. Free in suburbs. Upper Richmond Road gets congested. | |||||||
| Ethnicity Bias: | German | |||||||
| Investor Profile | Pension, Business, Cash&Equity & Retirement. | |||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 11 | 1 | 7 | 3 | ||||
| Yield Range: | 3.9% - 9.0% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Studio flat | 95,000 | 175,000 | 165 | 290 | 8.6% | 9.0% | ||
| 1 bed flat | 165,000 | 320,000 | 210 | 390 | 6.3% | 6.6% | ||
| 2 bed flat | 180,000 | 500,000 | 250 | 795 | 7.2% | 8.3% | ||
| 2 bed house | 240,000 | 550,000 | 225 | 415 | 3.9% | 4.9% | ||
| 3 bed house | 380,000 | 860,000 | 325 | 650 | 3.9% | 4.4% | ||
| Valuations above the London average by: | 66.7% (£403,203) | |||||||
| Actual | London Average | |||||||
| Capital growth last 12 months: | -38.4% | 19% | ||||||
| Capital growth last 48 months: | 34.9% | 89% | ||||||
| Tube: | Richmond District Line (Zone 3) – 30 mins to Embankment. | |||||||
| Demand For Letting: | Excellent | |||||||
| Average void period: | 3 days | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 6 | 4 | 2 | |||||
| Summary: | Great opportunity to capitalize on fair prices being sought by vendors. | |||||||
| Sought After Streets: | Garrick Close, Kew Road and Ormond Road. | |||||||
| Description: | Its hard to believe this place is only 8 miles or so from the centre. If you get a property here then don’t expect it to be on the rental market for long – it will get snapped up! The main appeals to this area are its proximity to the M4 corridor companies and accesability to areas such as Devon and Cornwall. The area is well spaced out with plenty of greenery (including Kew Gardens) and is bordered by the River Thames. For this reason the property prices are expensive so do not expect great yields. I estimate that rental prices have to go up – the rental price for a studio is the same as a studio in Leyton and I know where I’d rather live! You will notice from above there has been a big drop in prices so now is your chance. Basically the prices have corrected themselves from the exorbitant prices being achieved over the last few years. I expect a stabilization of prices for this year with rental figures rising across all property types. Expect yields to get better. Currently this area has the lowest unemployment rates for London at below 2% and it’s hard to find any part of this area undesirable. If there was a fault to this area you would have to look above into the sky – Richmond is under the flight path for the aeroplanes landing at Heathrow. Well you can’t have everything! Keep an eye out for the plans for the 5th terminal. This will have a negative impact if it goes ahead due to the extra noise. | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Foxtons Estate Agents | 27a The Quadrant, Richmond, TW9 1DN | 020 8973 2700 | www.foxtons.co.uk | |||||
| Priory Management | 16 Kew Green, Kew, Richmond, TW9 3BH | 020 8940 4555 | www.priorymanagement.com | |||||
| Hamptons International | 8 The Quadrant, Richmond, TW9 1BP | 020 8940 1199 | www.hamptons.co.uk | |||||
| Featherstone Leigh Ltd | 15 Sheen Road, Richmond, RW9 1AD | 020 8940 1575 | ||||||
| Antony Roberts Estate Agents | 308 Sandycombe Road, Kew, Richmond, TW9 3NG | 020 8940 9401 | ||||||
| Barnard Marcus | Oriel House 26, The Quadrant Richmond Surrey TW9 1DL | 020 8940 6006 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| C Howard King & Partners | 6 Onslow Road, Richmond, Surrey, TW10 6QF | 020 8948 4314 | www.howard-king.co.uk | |||||
| Tomlinsons Ltd | 76 Sheen Road, Richmond, Surrey, TW9 1UF | 020 8948 1959 | www.tomlinsonslettings.co.uk | |||||
| Featherstone-Leigh | 1 Royal Parade, Station Approach, Kew, Richmond, Surrey, TW9 3QD | 020 8940 7676 | www.featherstoneleigh.co.uk | |||||
| Priory Management | 16 Kew Green, Kew, Richmond, Surrey, TW9 3BH | 020 8940 4555 | www.priorymanagement.com | |||||
| Parkgate Estates (Richmond) Ltd | 8 Eton Street, Richmond, Surrey, TW9 1EE | 020 8940 2991 | www.parkgate-lettings.co.uk | |||||
| John D Wood | 2 Midmoor House, Key Road, Richmond, TW9 2NQ | 020 8940 6611 | www.johndwood.co.uk | |||||