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: | Stepney | |||||||
Catergory: | A | |||||||
Postcode: | E1 | |||||||
In Congestion Zone: | No – 1.9 miles outside. | |||||||
Parking and Traffic: | Permits & Meters. No significant traffic trouble spots. | |||||||
Ethnicity Bias: | Asian | |||||||
Investor Profile | Pension, Business, Cash&Equity, University | |||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 34 | 2 | 10 | 12 | ||||
Yield Range: | 6.8% - 8.9% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Studio flat | 100,000 | 165,000 | 130 | 260 | 6.8% | 8.2% | ||
1 bed flat | 125,000 | 195,000 | 215 | 310 | 8.3% | 8.9% | ||
2 bed flat | 140,000 | 285,000 | 240 | 425 | 7.8% | 8.9% | ||
2 bed house | 175,000 | 300,000 | 275 | 415 | 7.2% | 8.2% | ||
3 bed house | 200,000 | 375,000 | 310 | 495 | 6.9% | 8.1% | ||
Valuations above the London average by: | -29.5% (£170,406) | |||||||
Actual | London Average | |||||||
Capital growth last 12 months: | 10.9% | 19% | ||||||
Capital growth last 48 months: | 34.6% | 89% | ||||||
Tube: | Stepney Green Hammersmith & City and District Lines (Zone 2) – 22 mins to Embankment. | |||||||
Demand For Letting: | Good | |||||||
Average void period: | 5 days | |||||||
Total(out of 10) | Capital Growth(out of 5) | Yield(out of 5) | ||||||
Out of 10: | 7 | 4 | 3 | |||||
Summary: | Cheap flats can be had here with the strong possibility of capital growth in the short, medium and long term. | |||||||
Sought After Streets: | White Horse Lane, Louisa Street and Redmans Road. | |||||||
Description: | The east end in general is the one to watch. It is generally run down with pockets of nice areas. The Docklands has helped to bring up the area as well as the now functioning Canary Wharf.One thing I like about Stepney is that its cheap! If you’re going to get a bargain in London its going to be in either Stepney or Poplar (see above). The younger generation working in the city know this. This has helped the mini boom in prices but you can see from the above figures you can still get a yield in excess of 8%. This area also has mass appeal. Its next to the London Hospital which is also a training hospital and also its convenient for a lot of the London universities. So as well as tenant demand existing for city workers there is also demand from hospital workers, medics and students. | |||||||
Estate Agents: | Name | Address | Tel | Web | ||||
Property Liaisons of London Ltd | 1 Wapping Wall, London, E1W 3ST | 020 7680 0222 | www.propertyliaisons.co.uk | |||||
Atkinson McLeod Ltd | 135 Leman Street, London, E1 8EY | 020 7488 5555 | www.atkinsonmcleod.com | |||||
Phoenix Property (UK) Ltd | Gun Court, 70 Wapping Lane, London, E1W 2RL | 020 7702 3434 | www.phoenixproperty.co.uk | |||||
FPD Savills | Execution Dock, 80 Wapping High Street, London, E1W 2NE | 020 7456 6800 | www.fpdsavills.co.uk | |||||
Strettons | 41 Artillery Lane, London, E1 7LD | 020 7375 1801 | www.strettons.co.uk | |||||
Docklands Estates | Lion Court 435, The Highway London E1W 3HT | 020 7790 7070 | www.docklandsestates.com | |||||
Letting Agents: | Name | Address | Tel | Web | ||||
Atkinson McLeod Ltd | 135 Leman Street, London, E1 8EY | 020 7488 5555 | www.atkinsonmcleod.com | |||||
Fell Property Management | 115 Ashfield Street, London, E1 3EX | 020 7790 4581 | www.fellproperty.co.uk | |||||
Phoenix Property (UK) Ltd | Gun Court, 70 Wapping Lane, London, E1W 2RL | 020 7702 3434 | www.phoenixproperty.co.uk | |||||
Property Liaisons of London Ltd | 1 Wapping Wall, London, E1W 3ST | 020 7680 0222 | www.propertyliaisons.co.uk | |||||
Ananda Residential Lettings | 68 Merchant Court, Thorpes Yard London E1W 3SJ | 020 7702 2323 | ||||||
Capital Dwellings Ltd | 47, Fashion St London E1 6PX | 020 7375 1515 |