Westminster is offering some of the best returns for property investors at present, with house prices expected to increase by 31.9% by 2021.
According to new research from Barclays, Westminster is an excellent investment destination, and it predicts a 5.70% average annual increase.
Such an increase is good news for prospective investors looking for strong profits from their investment properties.
Westminster is also popular with overseas investors, who regard this small area inside the City of Westminster as the centre of the capital.
The weakness of the pound continues to offer considerable savings to overseas investors looking for a slice of London’s commercial or residential property market.
Westminster is the political heart of London. It boasts some of the city’s most globally-recognised buildings and monuments, including the Palace of Westminster, Big Ben, and Buckingham Palace.
But it is also blessed with superb residential property, including many well-preserved Georgian and Queen Anne townhouses, Royal Parks, proving plenty of green space, and revered cultural institutions and arts venues.
Westminster has benefited from the regeneration around Victoria, where new developments, offices, and restaurants have revived the area’s fortunes.
We knew it already, but SW1 offers a lot of promise for potential investors.
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