Hendon’s Housing Market and Transport Links

With its thriving community, excellent transport links and diverse range of residential properties, Hendon is a popular choice for young professionals and families alike. In this post, we’ll provide you with an overview of the housing market in Hendon, so you can make an informed decision about your investment.

Residential Properties in Hendon

Hendon has a diverse range of residential properties, with a total volume of approximately 20,000 properties. Of these properties, there are around 5,000 one-bedroom flats, 8,000 two-bedroom flats and houses, and 6,000 three-bedroom flats and houses. It’s important to consider the type and number of bedrooms in a property when choosing a buy-to-let location, as this will affect the potential rental income and the type of tenant you attract.

Renting versus Owner-Occupier

In terms of ownership, around 40% of Hendon’s housing stock is for rent, while 60% is owner-occupied. This is slightly below the London average, where around 49% of properties are rented. This is worth noting the renter vs owner-occupier rate as it will give you an idea of potential rental demand in the area. 

Average House Prices

The average house price in Hendon varies depending on the size of the property. For a one-bedroom house, the average price is around £300,000, while a two-bedroom house can cost around £500,000. For a three-bedroom house, the average price is around £700,000. These figures are lower than the average house price in London, which makes Hendon an affordable investment opportunity.

Age of the Housing Stock

Hendon has a mix of older and newer properties, with around 15% of the housing stock being new builds. It’s important to consider the age of the housing stock when choosing a buy-to-let property, as older properties may require more maintenance and repair work. Newer properties may have a higher purchase price, but they may also attract higher rental income and require less maintenance.

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Major Housing Development Projects

Hendon has a number of major housing development projects in the works, including the West Hendon Estate regeneration project and the Brent Cross Cricklewood regeneration project. These projects will bring new homes, amenities and infrastructure to the area, and it’s important to consider their potential impact when choosing a buy-to-let property. To find out more about major housing developments in Hendon, visit the Barnet Council website https://www.barnet.gov.uk/.

Transport Links

One of the most important transport links in Hendon is the Hendon Central underground station, which is served by the Northern line. This provides fast and frequent services to central London, with direct connections to major destinations such as Leicester Square, King’s Cross St. Pancras, and Waterloo. In addition, there are several bus routes that serve the area, including the 183, 113, and 326, which connect Hendon to nearby areas such as Golders Green, Finchley, and Brent Cross.

Hendon also has good road connections, with the A1 and A41 trunk roads passing nearby. These provide direct access to central London, as well as to other parts of the country. There are also several cycle routes in the area, which make it easy for cyclists to get around.

In terms of rail links, Hendon is served by Hendon railway station, which is located on the Thameslink line. This provides direct services to destinations such as Luton, Bedford, and Brighton.

In conclusion, Hendon is an excellent location for a buy-to-let investment, with its diverse range of properties, good transport links and thriving community. The transport links in Hendon are excellent, making it a convenient and easily accessible place to live or visit.

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