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: | 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 Profile | Pension, Business, Cash&Equity, University | |||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 32 | 2 | 17 | 14 | ||||
Yield Range: | 4.2% - 7.9% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Studio flat | 100,000 | 160,000 | 125 | 185 | 6.0% | 6.5% | ||
1 bed flat | 125,000 | 260,000 | 165 | 240 | 4.8% | 6.9% | ||
2 bed flat | 165,000 | 370,000 | 250 | 330 | 4.6% | 7.9% | ||
2 bed house | 220,000 | 425,000 | 275 | 345 | 4.2% | 6.5% | ||
3 bed house | 235,000 | 650,000 | 330 | 950 | 7.6% | 7.3% | ||
Valuations above the London average by: | -13.0% (£210,337) | |||||||
Actual | London 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: | 6 | 4 | 2 | |||||
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: | Name | Address | Tel | Web | ||||
Drivers & Norris | 407 Holloway Road, London, N7 6HP | 020 7607 5001 | www.drivers.co.uk | |||||
Barnhams Estate Agents | 334 Holloway Road, London, N7 6NJ | 020 7609 3537 | ||||||
Remington Estates (UK) Ltd | 221 Holloway Road, London, N7 8HG | 020 7697 8800 | ||||||
Golden Key Commercial Estate Agents | 73, Holloway Rd London N7 8JZ | 020 7700 2828 | www.goldenkey.com | |||||
Letting Agents: | Name | Address | Tel | Web | ||||
Drivers & Norris | 407 Holloway Road, London, N7 6HP | 020 7607 5001 | www.drivers.co.uk | |||||
Friar Lettings | 212 Hornsey Road, London, N7 7LL | 020 7697 8989 | ||||||
Crestpoly Estates | 62 Holloway Road, Holloway, London, N7 8JL | 020 7607 7621 | ||||||
London Accommodation Centre | 212 Hornsey Rd, London N7 7LL | 020 7700 2834 | ||||||
Clocktower Workspace - Small Business Letting Agent | Unit 11, Clocktower Workspace, 4 Shearling Way London N7 9TH |