Innovative New Research From Cluttons Identifies Upcoming Residential Hotspots For Investment In London
With London retaining its position as the most attractive international investment destination for Middle East investors, Cluttons’ latest research report has identified East Dulwich, Greenwich, Canada Water, Maida Vale and Hammersmith as upcoming residential hotspots, likely to offer the highest rental returns for prospective investors.
Conducted in partnership with the Consumer Data Research Centre and University College London, Cluttons’ unique research, ‘Residential Mobility in London: Unlocking Migration Patterns’, has been carried out using spatial interaction modelling. It examines flows of people over time and gives a novel insight into the push and pull factors of London’s various residential areas, highlighting the factors that most influence the attractiveness of an area to residents and, in turn, investors.
Commenting on the findings of the research, Faisal Durrani, Partner and Head of Research at Cluttons said, “The top five hotspots identified are most likely to attract investments and residential migrants, not least due to their relative affordability, compared to prime Central London locations. The desirability of Maida Vale, in particular, as a location for habitation appears to have spiked in recent years due to its perceived value for money, when compared to nearby Marylebone, or Hyde Park, where average prices have risen by 180% in the last 20 years to hover at roughly $3.1 million today.”