When choosing the next place to live it’s always good to have some insider knowledge on hot spots and what is so great about them but cost of the hottest locations might just burn a hole in your proverbial pocket. We all love to bag a bargain and non more so than Londonites, who suffer with the London weighting on every purchase, so we figured we should do some digging and find out where the next hot spots are likely to be so you can nab yourself a bargain before everyone jumps on the bandwagon.
Top Spot for improved commute times – Ealing Broadway
Ealing has many plus points with a great selection of shops, bars and restaurants. For a London suburb it feels quite leafy and green, with the Common holding various events through summer. Also home to Ealing Beer Festival, Ealing Comedy Festival, Ealing Blues Festival and Ealing Jazz Festival, we would say there’s pretty much something to keep anyone entertained! Being West London it is easy access out to the countryside and Heathrow for any last-minute getaways. The architecture also means tenants have access to lots of period properties to choose from. Now for the main prize, with Crossrail coming next year the central line commute in to Bond Street is going from 25 minutes to 10! What is not to like!! With average rental prices for a 2 bed property at around £1,700 per month, bag your bargain now.
Top Spot for green spaces and ‘proper’ London pubs – Mile End & Bow
In close vicinity, both places benefit from having the Regents Canal passing through and various parks to meander through, including Victoria and Mile End. Allowing for some tranquillity in the middle of London. Average 2 beds are around £1648 a month (ref: https://www.homesandproperty.co.uk/property-news/how-to-rent-a-flat-in-london-best-budget-neighbourhoods-to-securing-a-tenancy-a125836.html)
With artisanal cafes and good old east end pubs a plenty, weekends should never be dull. The area managed to pick up 4 ‘Love London’ Awards last year from Time Out (https://www.timeout.com/london/things-to-do/mile-end-and-bow-area-guide) for amongst other things; the Greedy Cow restaurant for being a sock it to you burger joint and Muxima which is part café part art gallery. With the central line running through, to top it off, we here the clatter of boxes being ticked.
Top Spot in line for Redevelopment – Cricklewood
Being the natural next spot for out priced renters edging away from Queen’s Park & West Hampstead. Cricklewood and near by Brent Cross are set for major investment and redevelopment. With funds from various sources having being promised and concerted efforts to improve public spaces underway, this could be set to be the next hot spot of North London. 7, 500 new homes are being developed and with average prices at £1400 for a 2 bed this might just be a worthy wild card.
Top spot for river views at bargain prices – Barking
Barking is set to enjoy 10,800 new homes with river views at affordable prices, labelled as one of London’s cheapest areas and only in Zone 4, so we say ‘bag your bargain!’ Current average rents for a 2 bed are £1,349 (ref: https://www.home.co.uk/for_rent/barking/current_rents?location=barking)
So definitely comparably cheap. ‘Up and coming’ and ‘under development’ are the main phrases here, but if you want cheap and you want water this is your place. Not to mention that it’s only a couple of underground stops away from the Olympic Park with it’s huge range of entertainment, shops, bars, restaurants and green spaces
Top spot for media bunnies and shopaholics – White City
With the latest redevelopment of the old BBC centre at White City as a neighbour to Westfield, this is your kind of spot if you like shops a plenty on your door step, awesome tube and bus links, restaurants of every type, shape and size and some open spaces top it all off.
Not the cheapest place on our list to live, with 2 beds averaging around £1,900 per month but certainly abundant in choice for working, living and playing. Being labelled as a ‘Media Hotspot ‘(https://www.lbhf.gov.uk/articles/news/2018/06/transformation-white-city-has-really-taken) having it’s very own Tech district and ‘ultra fast broadband’ this could be a good choice for home workers or anyone interested in one of the 8,000 jobs on offer to residents of White City at Westfield.
So now you know where to look for a great rental property just remember to make sure everything is in order before you move in. If you need help with checking in to your new property or checking out of your old one, contact Eclipse today for more information about how we help tenants and landlords for a smooth inventory process.