Willesden Green’s Housing Market and Transport links

With its diverse community and strong transport links, it is no surprise that Willesden Green is becoming an increasingly popular destination for buy-to-let landlords.

The Volume of Residential Properties

The housing stock in Willesden Green is diverse, with a variety of different property types to choose from. The volume of residential properties in Willesden Green is impressive, with a total of 1,288 homes in the area. Of these, there are a large number of 1 bedroom flats, with a total of 432 properties available. There are also a substantial number of 2 bedroom flats, with 405 properties available. 3 bedroom properties in Willesden Green are also well represented, with 294 properties available, making it an ideal location for families. This is in line with the average across London, where the majority of homes are 2 or 3 bedroom properties.

Renter vs Owner-Occupied

In Willesden Green, 57% of homes are owner-occupied, with the remaining 43% being rented properties. This is above the average across London, where approximately 51% of homes are owner-occupied. By understanding the proportion of rented properties in the area, you can gauge the potential demand for rental properties in Willesden Green.

Average House Price

In terms of property prices, the average price for a 1 bedroom flat in Willesden Green is £345,000, while the average price for a 2 bedroom flat is £500,000. The average price for a 3 bedroom property in Willesden Green is £700,000. This is lower than the average property prices across London, making Willesden Green a relatively affordable option for buy-to-let investors.

Age of the Housing Stock

The age of the housing stock in Willesden Green is varied, with a mix of older, traditional properties and modern, new-build properties. There are currently 118 new-build properties in Willesden Green, which offer a range of modern features and amenities. It is important to consider the age of the housing stock when choosing a buy-to-let location, as older properties may require more maintenance, while new-build properties often offer lower running costs and a contemporary living environment.

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Major Housing Development

Willesden Green is home to a number of major housing development projects, including the Greenfold Place development and the Regents Park Road regeneration project. For more information on major housing developments in Willesden Green, visit the Brent Council website https://www.brent.gov.uk/.  Understanding the potential for future housing development is important when choosing a buy-to-let location, as new developments can bring increased demand for rental properties and drive up property prices.

Transport Links

Willesden Green is a bustling area located in the northwest of London. It is a popular residential area due to its proximity to the city and good transport links. The area is well connected by a range of transportation options, making it convenient for residents and visitors to travel to and from Willesden Green.

The London Underground provides the most convenient mode of transportation in Willesden Green. The Jubilee Line runs through the area and provides quick and easy access to the city centre. Willesden Green Station is located in the heart of the area and provides regular services to other parts of London.

In addition to the London Underground, Willesden Green is also served by several bus routes. These bus routes provide connections to other parts of London and beyond. The area is well served by night buses, providing a convenient way for people to travel home after a night out.

For those who prefer to travel by road, Willesden Green is located near several major roads, including the A406 North Circular Road, which provides quick and easy access to other parts of London and the UK. The area is also served by a number of taxi services, making it easy for residents and visitors to get around.

In conclusion, Willesden Green is a fantastic location for buy-to-let landlords, offering a diverse housing stock, strong transport links, and a growing community. With its affordable property prices and range of new-build developments, it is an excellent opportunity for investors looking to enter the London property market.

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