There is a psychological factor in being near the tube – you feel connected with the rest of London.  Everyone knows that if you have a property near a tube station then your property is not going to remain empty for long and you will be able to sell the property swiftly.  So knowing where the next tube stations are going to appear can be a very good for your wealth.

All the following areas are proposed tube stations for completion within the next 5 years and therefore I consider them all hotspots.  All these areas are Category A hotspots as they will undoubtedly return you a yield and a capital growth above the national average over the long term if you get in there early enough.

 

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Tube StationLineDescription
BishopsgateEast LondonIn the heart of the city.  Unlikely to be many residential opportunities.
HoxtonEast LondonStarting to smarten up.  Very popular with young professionals and arty media types.
HaggerstonEast LondonLittle known area.  Some bargains to be had. A bit shabby though but should all change within 10 years.
DalstonEast LondonBordering Stoke Newington & Islington – this has to be worth a punt!
CanonburyEast LondonNext to Islington Green.  Pretty location with properties already fairly expensive.
Caledonian Road & BarnsburyEast LondonCurrently a tucked away little known place but this will really put the place on the (tube) map!  Lots of conversions in to flats.
Camden RoadEast LondonSee section on Tufnell Park.
Primrose HillEast LondonConsidered a village by some and again is not cheap.  Plenty of 1 and 2 bed conversions available.
South HampsteadEast LondonThe famous Hampsteads – always a safe bet.
Kilburn High RoadEast LondonShabby high road thus there will be renovation bargains to be had here.
BrockleyEast LondonSlowly being discovered.  Still affordable.  Near Lewisham.
Honor Oak ParkEast LondonAgain, this area is smartening up.  Prices start from £75,000 for a studio with yields going up to 10%.
Forest HillEast LondonCheap flats here.  A lot of ex-council flats to be had and newer flats at prices sub £100,000.
SydenhamEast LondonA mixture of very nice homes as well as council homes.  Considered by many to be an upward moving area.  Be quick!
Crystal PalaceEast LondonSomething great is going to replace the burnt out Crystal Palace which will bring fortunes to the area.
Penge WestEast LondonGreat High St and with already good train connections (being Penge East and Penge West).
AnerleyEast LondonLots and lots of flats for sale again at sub £100,000 which will mean only good healthy yields.
Norwood JunctionEast LondonAnother place smartening its appearance.  Bargain properties to be found if you get in before the full regeneration.
West CroydonEast LondonTrue suburbia.  Croydon has that distance to be considered out of London but yet its going to get a tube.  Should be popular with people who already live in Croydon.
Queens Road PeckhamEast LondonProbably has one of the worst reputations for crime and poverty.  This area is for our real risk takers (like me!) where prices are unfairly low and the only way is up.
Peckham RyeEast LondonNicer part of Peckham with more of the older properties here.  Choose this part if you’re not brave enough to go for Queens Road.  £260m going into this place for new low rise blocks, CCTVs and job creation.
East DulwichEast LondonSee East Dulwich entry
North DulwichEast LondonSee East Dulwich entry
Tulse HillEast LondonNext to (now trendy) Brixton.  Very reasonable prices and surprisingly quite picturesque.
StreathamEast LondonReal up and coming area over last 3 years due to proximity and affordability.  The tube station will only fuel the property prices higher.  I suspect the prices will match those of Brixton.
TootingEast LondonSmart pockets of nice properties available.  Expect to pay fair prices as demand for properties is high.
Heydon RoadEast LondonGetting better.  No community sense here and high turnover of residents.  Should provide cheap properties but be careful of voids prior to the station opening.
Thames WharfDLRA station on the vacant Thames Wharf site will not be constructed as part of the initial scheme because development of the site is restricted by the safeguarding for a potential river crossing. However, the route will allow the opportunity for a station in the future when the site is developed.
West SilvertownDLRA station at West Silvertown (between the current entrance to Plaistow Wharf and Knights Road) will serve the existing residential development at Britannia Village and the former Tate & Lyle site known as Peruvian Wharf.  A pedestrian crossing will connect the station to the residential area on the north side of the road. The station entrance will be close to local bus stops on North Woolwich Road.
Ponton DockDLRThis area is subject to major redevelopment and regeneration, the first phases of which are now complete including the Barrier Point residential development and new Thames Barrier Park.
London City AirportDLRNo investment opportunities here.  Typical journey time from London City Airport station to Bank will be 22 minutes, Canary Wharf in 14 minutes, and to Stratford via Canning Town in 12 minutes.
King George VDLRThe station at King George V will be built at ground level to the northern end of Pier Road. This station will be located conveniently for local shops and direct pedestrian links to the ferry/bus terminal at North Woolwich.
Woolwich ArsenalDLRGreat north-south link.  Located on Vincent Road.  Check out properties on this road.  Should yield a good long term return overall.