Where should I buy my next property? Brixton or Clapham? How many bedrooms? House or flat?
So, another profitable year draws to a close. We all know that very little happens in the property market in these last few months of the year, so now is probably a good time to recap on what’s happened locally. It’s also a brilliant time to set your goals for 2016. How many properties are you planning on buying? Refinancing? Refurbishing? Adding value to? Let’s look at some numbers I’ve compiled, courtesy of Zoopla. My main aim is to point out areas of good growth for you, the investor. Brixton SW2 Clapham SW4 Average Value £496,886 up 5.22% £843,777 up 6.74% (12m) Flats £405,081 up 4.96% £566,979 up 5.36% (12m) Terraced £738,939 up 7.41% £1,344,463 up 7.95% (12m) Semi D £914,410 up 0.66% £1,808,612 up 0.66% (12m) Average Rent £1,822pcm £2,141pcm Average gross yield 4.4% 3% Numbe