Area:Tufnell Park
Catergory:C
Postcode:N7, N19
In Congestion Zone:No – 2.7 miles outside.
Parking and Traffic:Permits & Meters.  No significant traffic trouble spots.
Ethnicity Bias:None
Investor ProfilePension, Business, Cash&Equity, University
Crime:ViolenceSexualBurglaryMotor
Per 1000 population3221714
Yield Range:4.2% - 7.9%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat100,000160,0001251856.0%6.5%
1 bed flat125,000260,0001652404.8%6.9%
2 bed flat165,000370,0002503304.6%7.9%
2 bed house220,000425,0002753454.2%6.5%
3 bed house235,000650,0003309507.6%7.3%
Valuations above the London average by:-13.0% (£210,337)
 ActualLondon Average
 Capital growth last 12 months:11.9%19%
 Capital growth last 48 months:59.1%89%
 Tube:Tufnell Park Northern Line (Zone 2) – 13 mins to Euston.
 Demand For Letting:Good
 Average void period:9 days
 Total

(out of 10)

Capital Growth

(out of 5)

Yield

(out of 5)

Out of 10:642
 Summary:Good long term capital growth potential.  The area has good neighbours – it’s just a matter of time.
Sought After Streets:Tufnell Park Road, Anson Road and Ingestre Road.
 

Description:

This is a favourite with the investor.  Its in zone 2 on the tube, it has a number of stations down the Kentish Town Road including the Camden Road Station which will be soon turned in to a tube station by 2006 and its quite near the nicer areas such as Islington, Hampstead, Highgate and Camden.  There is a lot of speculative money going in to this and surrounding areas.  Investors think that the property prices in this area will mirror the prices being achieved by its affluent neighbours.

I like the ex-council properties here.  They represent good value and can be easily let out to undergraduate and mature students, families and those seeking an interesting and non-conventional place to live.  The area is only 3 miles from the centre and there is plenty to do here.  A stroll further up and you hit the colourful Holloway Road.  Whatever people say about this road and the roads off it the properties here are great investments.

If you’re looking for a long term punt then this is your one.  The yields are not bad, reduced because of the speculation effect, but good enough to be safe.  When the properties dry up in the neighbouring areas then the natural choice is Tufnell Park and Kentish Town.

 Estate Agents:NameAddressTelWeb
 Drivers & Norris407 Holloway Road, London, N7 6HP020 7607 5001www.drivers.co.uk
 Barnhams Estate Agents334 Holloway Road, London, N7 6NJ020 7609 3537 
 Remington Estates (UK) Ltd221 Holloway Road, London, N7 8HG020 7697 8800 
 Golden Key Commercial Estate Agents73, Holloway Rd
London
N7 8JZ
020 7700 2828www.goldenkey.com
 Letting Agents:NameAddressTelWeb
 Drivers & Norris407 Holloway Road, London, N7 6HP020 7607 5001www.drivers.co.uk
 Friar Lettings212 Hornsey Road, London, N7 7LL020 7697 8989 
 Crestpoly Estates62 Holloway Road, Holloway, London, N7 8JL020 7607 7621 
 London Accommodation Centre212 Hornsey Rd,
London
N7 7LL
020 7700 2834 
 Clocktower Workspace - Small Business Letting AgentUnit 11, Clocktower Workspace, 4 Shearling Way
London
N7 9TH