GUY MEACOCK

Jazmin Atkins
One-bed pads making a comeback

15 JULY 2015

It would seem that the one-bedroom flat is enjoying a comeback.

With prime central London looking like it is fully valued many of those looking to maximise on the price differential by moving out of London are keeping a foothold on the capital’s property market – “two for one” as Charlie Wells succinctly put it in a recent article in The Times, “a country home for their family to enjoy and a small London flat”.

In addition, with more people renting now, good quality one-bedroom flats are providing opportunities for those wanting to capitalise on buy-to-lets. Location can often be more important than size so unsurprisingly one-bedroom flats in good positions are selling well, particularly in areas that are being regenerated.

However, those investing in a flat should be mindful of where they buy. As a general rule prime London, and in particular older properties, offer good capital growth whilst areas a little further out usually attract better rental returns, particularly if there is a concentration of tenant demand such as areas popular with young professionals or students.

Newly regenerated locations, and in particular new developments, can be attractive for both investors and tenants but it’s worth remembering that too many flats in one area can make it difficult to rent out and today’s new build will be out-trumped by tomorrow’s better model.

But looking forward, London’s strengthening economy and its increasing population suggest that the renewed popularity of the one-bedroom flat should continue to prove to be a shrewd long-term investment.

 

 

OUR OFFICES

LONDON
1 Duke of York Square,
London,
SW3 4LY



T +44(0)20 7881 2388

map

HAMPSHIRE & WEST COUNTRY
Norman Court Barns,
Norman Court Lane,
Upper Clatford,
Hampshire,
SP11 7HB

T +44(0)1962 795 035

map

EAST ANGLIA
The Manor House,
Church Road,
Great Barton,
Bury St Edmunds,
IP31 2QR

T +44(0)1284 788 306

map

COTSWOLDS & OXFORD
The Stable Block,
Cornbury Park,
Charlbury,
Oxfordshire
OX7 3EH

T +44(0)1608 810 662

map
contact
Spears
Top 25

Prime Purchase Limited. Registered in England No. 3479090. Registered office: 33 Margaret Street, London, W1G 0JD. A wholly owned subsidiary of