If you’re considering investing in buy-to-let property in Barnet, you’ll want to know which areas are most likely to give you the best return on your investment. Some factors to consider include rental demand, house prices and capital growth. The proximity to transport links and local amenities is also important, as this can impact the rental value of a property.
Looking at all of these factors, some areas of Barnet stand out as being particularly attractive to buy-to-let investors, firstly work with the professional Barnet conveyancing solicitor to aid you in making the right decision. Here’s our guide to the best areas of Barnet to invest in buy-to-let.
Brent Cross
Brent Cross is a popular area for renters due to its convenient location and excellent transport links to Central London. A new train station Brent Cross West will provide central London access in just 12 minutes.
There is a good selection of properties available in Brent Cross, from studio apartments to large family homes. The new neighbourhood is set around 50 acres of green parks and playing fields. The town could have 6,700 homes, 50 retail outlets and workspace for 25,000 people, plus redeveloped schools, health services and other amenities. Brent Cross offers the potential for strong capital growth as a new build development.
Finchley
Finchley is a well-established residential area with a good selection of properties to suit all budgets. It’s located in Zone 4 of the London Underground network, making it a popular choice for commuters.
Finchley has undergone significant regeneration in recent years, with new shops, restaurants and leisure facilities being introduced. This has made it an increasingly popular choice for renters, driving up rental values.
Golders Green
Golders Green is another area that has seen significant regeneration in recent years. It is popular for renters due to its convenient location and excellent transport links. It’s located in Zone 3 of the London Underground network and has good bus links to Central London.
The area has a good selection of properties, from studio apartments to large family homes. Several new developments are underway, which will add to the housing stock in the area.
Colindale
Colindale is a popular choice for renters due to its excellent transport links and affordable property prices. As an up-and-coming area, it also offers the potential for strong capital growth.
It’s located in Zone 4 of the London Underground network and has good bus links to Central London. To the north of Colindale, a large new development is underway, which will provide over 2,000 new homes. This will add to the already strong rental demand in the area and is likely to drive up rental values.
Hendon
When it comes to buy-to-let investment, Hendon is a top choice for many investors. The area is popular for renters due to its convenient location and excellent transport links. The rental market in Hendon is also very strong, with properties in high demand. Hendon is definitely worth considering if you’re looking for an area with good potential for capital growth.
There are several new developments underway in Hendon, which will add to the housing stock in the area. This will likely drive up rental values further, making it an even more attractive option for buy-to-let investors.
Conclusion
A number of areas in Barnet offer good potential for buy-to-let investment. Brent Cross, Finchley, Golders Green and Hendon are all popular choices for renters and offer excellent transport links to Central London. Colindale is an up-and-coming area with strong potential for capital growth. If you’re looking for an area with good rental demand and potential for capital growth, Barnet is worth considering.
