The Top 5 Areas For Selling Property in the UK
The financial sector in the UK is on the right path to recovery and real estate sales have been increasing steadily. There are a couple of reasons for this increase in buyer interest and one of the main contributors is the development of more initiatives from the government to assist buyers with their mortgages.
The interest rates are still fairly low and look set to remain that way for a while. This would be a great time to look into investing in property.
If you are looking into investing into property then it is worth looking at areas that are up and coming- even if this means that you have to sell your property in another area.
The great thing about investing in areas that are on the rise is that if you undergoing the process of selling your home with openpropertygroup.com, then the high demand there will ensure a speedy sale.
Below is a list of the top five up and coming areas in the UK that are definitely worth investing in:
- Limehouse, London
Limehouse is situated close to the heart of London between the city and the Canary Wharf. It is an area that has benefitted greatly from the improvements in the financial sector in the city and from the recent infrastructure built for the 2012 Olympics.
- Woking, Surrey
Woking is around 25 miles out of the centre of London. It is also conveniently located with easy access to Gatwick and Heathrow. This is a great area for commuting in and out of town for work and the high-quality houses, flats and other properties are making this a popular area.
- Elephant & Castle, London
While it has not been a popular area in the past, Elephant & Castle is in for 1.5 Billion in regeneration projects over the next decade.
- Rotherham, Yorkshire
Rotherham has had almost £500m invested in the area over the last 10 years and a new railway station and football stadium are under construction and this will add even more value to property in the area.
- Kew, London
Kew Village is already a well-known area and real estate is already quite pricey, however, North of the river you will get more value for money and prices are relatively low.
If you are looking into buying real estate then the areas above are great to invest in, but you must start looking into it soon, as demand increases and properties continue to sell- the prices will only increase.
