Hayes’ Housing Market and Transport links

With its convenient transport links to central London and attractive pricing, Hayes has emerged as a prime location for landlords looking to invest in the UK’s property market.

Residential Properties in Hayes

Hayes has a variety of residential properties available for investment, with a total of 1,567 properties in the area. This includes a healthy mix of 1 bedroom, 2 bedroom, and 3 bedroom flats and houses. Compared to the average in London, Hayes offers a lower number of properties but a higher proportion of 3 bedroom houses. This is important to consider as it can give you an insight into the demand for larger properties in the area.

Renting vs Owner Occupier

Approximately 59% of the housing stock in Hayes is occupied by owner-occupiers, while 41% is rented out. This is slightly lower than the average in London, which stands at 51% owner-occupier and 49% rented. Knowing this information can help you determine the potential demand for rental properties in the area and decide if it’s a suitable location for your investment.

Average House Prices

The average house price in Hayes for a 1 bedroom property is £200,000, for a 2 bedroom property is £250,000, and for a 3 bedroom property is £300,000. These prices are significantly lower than the average in London, which stands at £620,000 for a 3 bedroom property. Considering these prices is crucial as they will impact your potential rental income and long-term return on investment.

Rental Properties

There are currently 637 properties available for rent in Hayes, with a healthy mix of 1 bedroom, 2 bedroom, and 3 bedroom properties. This information is important to consider as it can give you an idea of the potential competition in the rental market.

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Age of Housing Stock

The housing stock in Hayes is relatively new, with 12% of properties built in the last 10 years. This is higher than the average in London, where only 8% of properties were built in the last decade. Newer properties are typically more attractive to tenants and can command higher rental prices, making this an important factor to consider when choosing a buy-to-let location.

Housing Development Projects

Several major housing development projects are underway in Hayes, including the Hayes Village development and The Old Vinyl Factory. These projects are aimed at providing modern and attractive living spaces, making Hayes a prime location for investment. To find out more about major housing development projects in Hayes, you can visit the Hillingdon Council website https://www.hillingdon.gov.uk/

Transport Links

Hayes is a town located in the London Borough of Hillingdon, UK. It is well connected to the rest of London through various modes of transportation.

The town is served by several railway stations, including Hayes & Harlington station and Hillingdon station, which offer regular trains to London Paddington and Heathrow Airport. Additionally, the town is also serviced by several bus routes, providing direct links to Uxbridge, Heathrow, and other nearby towns and cities.

Cyclists and pedestrians can take advantage of the various cycle lanes and footpaths in the area, making it easy to get around on two wheels or on foot.

In conclusion, Hayes has 1,567 residential properties for investment, consisting of a mix of 1, 2, and 3 bedroom flats and houses with a higher proportion of 3-bedroom houses compared to London’s average. 59% of the properties in Hayes are occupied by owner-occupiers, while 41% are rented. Hayes is well connected to the rest of London, making it an attractive location for those who need to travel frequently for work or leisure. The town’s excellent transport links also make it a popular choice for those who want to live outside of the city but still have easy access to all that it has to offer.

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