Revealed: 10 London Areas Tipped For House Price Growth

  Portico’s property experts pick 10 London property hotspots for now until 2021 (ranked in no particular order) Portico reveals the highest potential rental yield in each hotspot area, with Forest Gate offering the highest yield at 5.5% and Southwark with the lowest at 3.6% The experts also highlight the signs that show when an area is on the way up - infrastructure investment, trendy delis or cafes opening up and young professionals moving in . 1. … [Read more...]

GERVASE STREET, PECKHAM, SE15

KEY FEATURES - Rare School Conversion - Vast Space - Beautiful Period Features - Private Off-Street Parking - Close to Transport Links - Short Walk To Queens Road & Peckham High Street  .  1 bedroom  1 Bathroom  Queens Road Peckham (0.4M)  South Bermondsey (0.7M)  Peckham Rye (0.8M)  . PROPERTY DESCRIPTION Grenier Apartments is a building steeped in character. The building was a Victorian school that has been converted into … [Read more...]

Put your home to work while you’re away

Ah, summer holidays: long, lazy days spent reading books, sipping Piña Coladas and switching off. Yes they may cost an arm and a leg, but what if we told you that your home could help pay for your trip - or at least clock up a nice bit of spending money… Put your home to work while you’re away Thanks to short-term rental site, Airbnb, you can now turn your home into a money-maker by renting it out to other holidaygoers while you’re on holiday. Currently there are over 40,000 … [Read more...]

Where to Buy in Zones 3-4

Thanks to Crossrail and improving transport links, investors and savvy homebuyers are now looking beyond central London in favour of the capital’s outer Zones. Portico London estate agent’s resident property expert, Mark Lawrinson, highlights the latest hotspots in Zones 3 and 4 that offer affordability, improving transport links and potential for capital appreciation. Here’s where to buy in Zones 3 and 4…   Tottenham Hale Where? Zone 3 Average house price: … [Read more...]

London sales transactions at lowest ever recorded volume pre-election

London sales transactions are at an all-time low, according to the latest Land Registry data analysis by Portico London estate agents. The data shows there were just 55 transactions in the whole of the Westminster borough in February this year*, the lowest ever number recorded by Land Registry open data, and 60% lower than in February 2009 immediately after the last market crash. Portico’s research shows that there is a clear correlation between General Elections and sales … [Read more...]

What shouldn’t worry rural buyers – and what should!

"Urban buyers, looking for a rural property, are often horrified to discover that services they thought were universal are sometimes unavailable at their new dream home," says Clare Coode of Stacks Property Search. "Mains gas is frequently unavailable at rural properties; some properties rely – partially or fully, on non-mains water; 80% of rural properties have no mains sewerage, relying on a septic tank; and while off-grid properties are unusual, the sight of a big old generator in an … [Read more...]

How will Article 50 affect London’s property market?

Mark Lawrinson, Regional Sales Director of Portico London estate agents, has spoken out about the possible effects of Brexit on the London housing market, saying, “I don’t think the triggering of Article 50 will affect the property market directly from today. In one sense it removes the uncertainty surrounding when Britain’s withdrawal process from the EU will start, but in another way it will create economic uncertainty until we know what deal we will strike and therefore what Brexit actually … [Read more...]

Choosing the Right Flooring for Your Rental Property

Flooring in a property can make a considerable impact on first impressions, so it pays to get it right. Here are Portico’s top tips on choosing the right flooring for your rental property… Consider the property’s use The first step in choosing the right flooring for your rental property is to consider who will be living there. If your target tenant type will be families, for example, you’d want to avoid flooring types that can’t be easily refinished or could be ruined by a loose crayon … [Read more...]

Potential impact the Battersea Power Station project could have on the Chelsea market

A report by Chelsea estate agents Russell Simpson, which focuses on the potential impact the Battersea Power Station project could have on the Chelsea market.   Some of the key findings: The report has found that Chelsea property has risen 169% in 10 years, which could be driving young first-time buyers and elder downsizers across the river in search of better value The average property in Chelsea is 32% more expensive than in Battersea (the difference rises to 40%when … [Read more...]

Northern Line Extension to Battersea

Tunnelling work on the £1.2 billion Northern Line extension to Battersea Power Station begins this month! The Northern Line will soon be extended to Battersea via Nine Elms, set for completion in 2020. The historic Tube extension (which is the first since the 1990s) will bring Battersea and the surrounding areas within 15 minutes of the West End and City. ‘’Despite 2016/2017 market changes, I’ve seen a lot of interest in pre-owned properties in the Battersea and Nine Elms areas. The … [Read more...]

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