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Property News – Beckton East London

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Safe streets and conventional locations have made Beckton a progressively popular urban suburb of London. Although a lot of areas in Beckton are still underdeveloped, new built houses are making it a better place to live day by day.  The town is still believed to feel the full effect of Dockland’s regeneration.  Open space, leafy roads, good schools and parks attracts people to invest here.  Another big reason people are being attracted to this area is City Airport, which is very nearby and provides easy and comfortable access out of the city. Entertainment like bowling, pubs, restaurants etc also create a lively environment, making real estate investment opportunities in this part of East London very appealing.

Property news Beckton East London

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Property News – Poplar East London

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Two bedroom flats and penthouses are coming up in Poplar, East London. The increased cash flow during London Olympics and much improved transport has increased the interest of people who love to invest in East London property. These new two bedroom sets are available between approximately £70,000 and £90,000. Houses in Poplar are mix of terrace houses from 19th century as well as council estates from 20th century. For transportation, All Saints, Blackwell and other docklands light railway stations are in the whole region connecting it flawlessly to the other regions of London. Affordable prices are a sign of relief for people on the look out for very affordable property deals in the East of London.

Property news Poplar East London

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Property News – Whitechapel East London

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Green Oak real estate has fronted £50 million for purchase of a block measuring 4.5 acre, right behind the Royal London Hospital, Whitechapel. A strong competition was faced over here to purchase a site where new homes of 500,000 sq ft could be made along with a hotel. Current prices being £350 per sq ft, the prices of property are now expected to almost double the present values. Colin Hargreaves, an agent at Gryphon Property Partners stated that “this area has leapt from a nowhere-ville to the place to develop”. A lot of other developments are also in the process of heating up this region with new investment options.

Property news Whitechapel East London

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Property News – Leyton East London

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A big transformation is going on in this part of East London, just along the main High Road not too far from Leyton tube station.  There is a brand new opportunity for homebuyers to invest in family homes with the launch of “Claude Terrace” which offers a collection of 14 huge, four bedroom townhouses. These new spacious homes are spread over about 1300 sq ft along Leyton’s Victorian streets. Most of them include a large living room, large master bedrooms with wardrobes, two bathrooms and even a private garden with lawn and a lavish downstairs cloakroom. New shops and independent cafes are also coming up, giving this place altogether a new look and feel.

Property news Leyton East London

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Property News – Leytonstone East London

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When all athletes were busy in training for the Olympics in Leytonstone, smart Leytonians were busy renting out their property to the people who came in for the Opening and Closing Ceremonies. But everything went back to normal after the Olympics, even the property market.  Situated in the heart of East London, property seekers find Leytonstone one of the most pleasant and affordable places to live.  With a family-friendly environment, community spirit, and greenery is all on offer as an add-on in Leytonstone in addition to quality restaurants and schools etc. The demand of terrace-style homes is another thing that has increased tremendously in this region of East London in the past few months.

Property news Leytonstone East London

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Property News – Ilford East London

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In 2010, Ilford experienced a sudden rise of 85% in the number of property buyers and since then, measures are being taken to make this place a little more suitable for living.  One such incident where steps were taken to bring the area up to par is when Police started seizing property of rough sleepers in Redbridge by taking their food parcels and sleeping bags. The sudden interest people are showing in Ilford is because investment in property is affordable here and the transport services are extremely good.  From Ilford you are easily able to commute to all parts of London by bus alone.  Ilford is a hub of London Buses and the town is served by Great eastern Main Line and Ilford railway station.

Property news Ilford East London

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Property News – Manor Park East London

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Manor Park is getting more and more popular for the immigrants who seek residential property from Romania, Poland, Bangladesh and Pakistan. It is considered as one of the best options for buying rented flats abroad.  As a first time buyer, people love Manor Park for its improved transport, which was a result of the Olympics held in 2012.

One can easily get a modern three bedroom flat with fitted kitchen and nice bathrooms for about £200,000, providing well proportioned living space. The easily reachable shops, restaurants and bars of Stratford give every immigrant a reason to consider this an ideal place for living. Although people who live in Manor Park find that the place could do with a little more sophisticated niceties such as maybe an art gallery or laidback cafes to add a little more creativity to this East London area.

Property news Manor Park East London

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Property News – Forest Gate East London

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Forest Gate is always looked up as new Hoxton by property buyers.  As East London is full of residential areas, this place is no different. It is seven miles north east of Charing Cross and having ManorPark as its border on the east. Most areas have double-fronted Victorian 3 or 4 bedroom apartments which were built between 1887 and 1892. Well furnished three bedroom houses cost as much as £250,000.

Property prices have always risen in this area of London because of the cultural heritage and facilities. Transportation is a major relief through Forest Gate railway station and Wanstead Park Railway Station. With construction of Crossrail by 2018, which is one the biggest projects ever to have been given the go ahead in west and central London, property prices are expected to reach new heights.

Property news Forest Gate East London

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Property News – East Ham East London

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East Ham is considered one of the most flourished working class areas in London. Property rates are usually high, about £135,000 for a one bedroom flat. Prices have soared over the last five years but last year has shown a dramatic slowdown, which has encouraged a lot of homebuyers to think of investing in East Ham property once again.

Retail sector, on the other hand has experienced increase in the capital value for about 0.1% over a month. The shopping centers of East Ham have recorded one the strongest performing in London’s retail sector. For the first time, one can observe the positive change in capital value in this region of London.

Property news East Ham East London

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Property News – Bow East London

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Once again, Bow is in the spotlight for being one of the central cheaper places in East London.  Whilst it may not be London’s greatest local area;   Bow does have good tube and train connections which make commuting really comfortable. As after Olympics, east London is still looking forward to open up areas like city financial district, Canary Wharf for homebuyers. Bow would like to be up there with that regards.

At some places in Bow, outright sale and shared ownership options are available. On a 25% equity share, shared membership costs about £55,000 and one bedroom flats are easily available from £220,000. Through shared ownership, monthly expenditures of people let them buy equity rather than giving that money to a landlord.

Property news Bow East London

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Property News Stratford East London

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During the 2012 games, world’s greatest athletics converged on East London, occupying Stratford’s Olympic village for few weeks. On the outside, the village looks almost the same but when one steps inside buildings, it’s just wow!

These buildings are ordered around 11 landscaped courtyards which are now being reconfigured into approximately 3000 flats as well as townhouses. Unfortunately, there was no monitoring done as to which celebrity slept where in London 2012 which is why the future residents over there might never get to know if Mo Farah or Tom Daly was living in the same place as they are or not. But the new visitors have a health centre, School, bars, restaurants, shops and a gym.

Property news Stratford East London

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Property News London

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Property prices have risen by 2.5% from April to June according to records by prime London residential market. This is an approximate annual growth of 6.6% which happened to be 5.5% last year.

This distribution is although not throughout London. Some domestic markets running from Fulham to Richmond of southwest London have observed strongest growth of about 3.2% just in a quarter. The central London, on the other hand experienced annual growth of about 4.4% concentrating majorly in the core regions like Chelsea, Mayfair, Knightsbridge and Belgravia etc. It is thus absolved that London’s prime residential markets are not homogeneous and will be static through 2013.

Property news London

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