10 First-Time Buyer Hotspots, with Properties.

Portico London estate agents have identified 10 first-time buyer hotspots and listed some perfect first homes. Prices in some of the most popular areas fall below £250,000 – so if you’re interested in a property, give them a call today on 0207 099 4000.

 

  1. Walthamstoww1

Walthamstow is a vibrant and buzzing postcode that is rapidly redeveloping. Trendy cafes and independent shops are popping up all over the place, and first-time buyers are flocking to this part of Zone 3 conveniently located at the end of the Victoria line.

Property here is excellent value, with the average flat costing around £300,000.

1 bedroom, 1 bathroom | Cornwallis Road, Walthamstow, E17

£350,000 (Leasehold)

View more properties for sale in Walthamstow.

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Give us a call on 020 8520 5255 to arrange a viewing.


 

  1. Peckham

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The fictional home of Del Boy and Rodney Trotter is now a hipster paradise, with roof-top bars on top of multi-storey car parks, anti-chain restaurants and affordable property.

The average price for a 1 bedroom property stands at a reasonable £350,000 – though you could secure an ex-council home for around the £250k mark.

2 bedrooms, 1 bathroom | Melon Road, Peckham, SE15

£330,000 (Leasehold)

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  1. Finsbury Park

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With property prices in London at an all-time high, we’re seeing a lot of first-time buyers turn away from the more expensive enclaves of London – like central Islington – in favour of cheaper yet well-connected postcodes like Finsbury Park. It’s just a couple of stops from King’s Cross, so ideal for commuters too.

In fact, there are a lot of good-value pockets of north London that are attracting first-time buyers – Holloway, Caledonian Road and Stoke Newington are all popular hotspots.

1 bedroom, 1 bathroom | Drayton Park, Highbury, N5

£510,000 (Leasehold)

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Give us a call on 020 7288 9440 to arrange a viewing.


 

  1. Wandsworth

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Average house prices in the Battersea area are high compared with other parts of the capital. It’ll set you back around £485,000 for a 1 bedroom property – but that doesn’t stop Wandsworth in Battersea being an extremely desirable place to call home.

The average age of a first time buyer in London is edging toward 40, and that fits the demographic of Nappy Valley to a T – young professionals in their thirties looking for 2 bedroom properties, great schools, a middle class feel, open space and fantastic amenities.

2 bedrooms, 2 bathrooms | Strathblaine Road, Battersea, SW11

£750,000 (Share of Freehold)

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Give us a call on 020 7738 1538 to arrange a viewing.


 

  1. Bethnal Green

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Buyers in great numbers are heading to Bethnal Green, in search of warehouse conversions, quirky property and a young, trendy vibe. This east London area is also popular with investors and landlords, as rental yields are high (around 5.3% near Bethnal Green station), and demand from tenants is strong.

3 bedrooms, 1 bathroom | Digby Street, Bethnal Green, E2

£550,000 (Leasehold)

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Give us a call on 020 7729 5222 to arrange a viewing.


 

  1. Acton / Ealing

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Crossrail will soon be launching in Acton, making it an excellent choice for young first-time buyers who are working in the City or West End.

As well as an imminent transport upgrade, W3 offers period property and a quaint village feel – ideal for those thinking of starting a family. We love the string of healthy brunch spots, bakeries and traditional pubs on lively Churchfield Road.

2 bedrooms, 1 bathroom | Horn Lane, Acton, W3

£525,000 (Share of Freehold)

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Give us a call on 020 8993 6767 to arrange a viewing.


 

  1. Stoke Newington

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“Stokey”, as locals affectionately call it, has come on leaps and bounds in terms of regeneration in the last five years – with a large number of new apartments popping up to accommodate growing demand.

First time buyers are attracted by the Victorian property stock, the arty, creative vibe and the village feel. There’s a farmers’ market on the High Street on the weekend, and shops are brimming with indie labels and vintage goods.

2 bedrooms, 1 bathroom | King Henrys Walk, Dalston, N1

£575,000 (Leasehold)

View more properties for sale in the Highbury area.

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Give us a call on 020 7288 9440 to arrange a viewing.


 

  1. Leytonstone

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If you’re looking for a fantastic investment, this rare period house – a short walk from Leyton Central Line Tube – will not disappoint.

Still revelling from the ‘Olympic effect’, we expect property prices in affordable Leyton to continue to rise this year, so this property could get a big boost from both cosmetic renovation and capital growth.

4 bedrooms, 1 bathroom | Buckland Road, Leyton, E10

£550,000 (Freehold)

View more properties for sale in Leyton.

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Give us a call on 020 8539 3650 to arrange a viewing.


 

  1. Tottenham

Crossrail has powered Tottenham’s popularity and regeneration, transforming the area into an up-and-coming hotspot.

And with journey times of just 15 minutes into central London, the area is slowly becoming a firm favourite with those looking for value and space for their money.

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  1. Ilford

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Ilford is one of the best-value areas in London, and though property prices have been rising since the announcement of Crossrail, the average price of a two bedroom property in the area is still an extremely reasonable £280,000.

Better still, buyers looking in this part of east London can jump straight into a house rather than buy a flat. A great investment hotspot.

1 bedroom, 1 bathroom | Northbrook Road, Cranbrook, IG1

£220,000 (Leasehold)

View more properties for sale in Ilford.

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Give us a call on 020 7288 9440 to arrange a viewing.


 

 

Click here to view all our current available properties! Or give us a call on 0207 099 4000 if you’d like us to help you with your search.

 

 

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