Stanmore’s Housing Market and Transport Links

This suburb in North West London is a popular location for rental properties and presents a fantastic investment opportunity. In this article, we will examine the residential properties available in Stanmore, the average house prices, and the transport links to ensure that you make an informed decision.

Housing stock

There is a diverse range of residential properties in Stanmore, from 1 bedroom flats to 3 bedroom houses. On average, there are more 2 bedroom properties available in Stanmore compared to the London average, with a lower volume of 1 bedroom and 3 bedroom properties. This is an important consideration when choosing a buy-to-let location, as it directly impacts the demand for different types of properties.

Around 40% of the housing stock in Stanmore is available for rent, while the remaining 60% is occupied by owners. This is slightly lower than the London average where 51% are owner-occupiers and the remaining 49% are renters. That said, there are approximately 1,500 residential properties available for rent in Stanmore, which is a substantial number for such a small suburb. This high volume of rental properties means that there is always demand for rental properties in the area, making it a secure investment opportunity.

The majority of the housing stock in Stanmore is older, with only a small percentage of new build properties. This is an important consideration for landlords, as older properties may require more maintenance and renovation. However, the charm and character of older properties can also be appealing to renters.

Average House Prices

The average price in Stanmore for a 1 bedroom flat is around £350,000, while a 2 bedroom property can cost up to £450,000. The average price for a 3 bedroom flat is around £650,000. As these figures are lower than the London average – which are around £450,000, £600,000, and £800,000, respectively – this is a positive sign for landlords looking for more affordable options to invest in.

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Transport 

Stanmore has two train stations, Stanmore Station and Canons Park Station, which are serviced by the Jubilee line, that provide easy and quick access to the city. The average commute time from Stanmore to central London is around 30 minutes, which is faster than the London average of 35 minutes, so is ideal for young professionals needing to commute.

In conclusion, Stanmore is a fantastic location for buy-to-let investment, offering a diverse range of residential properties, a high volume of rental properties, and excellent transport links. Whether you are looking for a 1 bedroom flat or a 3 bedroom house, Stanmore presents a secure and profitable investment opportunity. Consider the average house prices, the age of the housing stock, and the potential housing development projects when choosing a buy-to-let location in Stanmore.

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