London Property Investment; London Rental Property Market Remains Bouyant

The weak pound, the tumbling property prices, the lowest ever interest rate has turned the UK into the newest European emerging property market. It has been predicted that property prices could fall a further 15% to 30 % in the first half of 2009 and that the pound will fall even further. The experts talk of a 2010 turnaround for the property market, making 2009 the year for Europeans to make that investment in the UK. Once the market begins to swing in the other direction, anyone who has invested in it will be seeing some fantastic returns on their initial investments.
London is the obvious destination for investment, and any investigation onto the property market will tell you that London is definitely a buyers market at the moment; London comes in at number 3 on the International Law Partnerships list of 2009 property investment destination (behind Paris and Miami)
The current market means that there are many people who will be looking for rental accommodation in the coming year; London’s international student community continues to thrive as many students are drawn to the capital, one of the most exciting and culturally diverse cities in the world. Almost 83,000 Higher Education students studying in London are from outside the UK, representing 1 in 5 of all students studying in London. The annual influx of tourist and businessmen looking for short lets comtinues. Any property purchase in London should let well until the capital gain is made.
Central London and the West End as the obvious choice for the overseas investor. It is here that you will find well known landmarks such as Nelson's column, tourist attractions such as Madame Tussaud's and the National Gallery and the shoppers' paradise of Oxford Street and Regents Street. Here too are the London School of Economics, RADA, UCL and many other institutions of learning.
For residential 'West End' see Fitzrovia, Marylebone, Soho, Covent Garden, Mayfair, and Bloomsbury. The purchase of a property in one of these areas, even as a short term investment for the duration of a degree course, could see the bills for tuition fees, student accommodation and living expenses for their child seem very affordable. Factor in the extra rent potential of sub letting and the comfort of knowing your main tenant is going to look after your investment and central London property purchase in 2009/10 is all the more appealing.
Ldg West End Estate Agents have a range of houses, penthouses, lofts, studios, flats and apartments for sale and to rent in the West End, Fitzrovia, Soho, Covent Garden, Bloomsbury and Marylebone areas. If you just need some sound property advice we would be delighted to help without obligation. From studio flats to period houses - cutting edge design to unmodernised lofts ours is a broad church but whatever your requirments our aim is to make your buying, selling, renting, or letting experience as pleasurable and hassle free as possible.