Why Invest in Real Estate in London?
London is one of the world’s most famous cities and oldest trading centers. It’s well-connected by rail, road and plane, and attracts millions of visitors every year. As both one of the most popular tourist destinations in the world, and a major business hub, it has much to offer real estate investors.
Travelling to London
If you’re considering real estate investment in London, you will want to visit the city—and as an investor, you will be probably be traveling there regularly. The easiest way? Fly privately to London. This allows you to depart and land at the airport of your choice, rather than being restricted to airports served by airlines. It also permits you to fly to and from London when it’s convenient for you, rather than when you can get a commercial flight. This avoids wasting time.
London Heliport is just 3 miles away and London City Airport, 9 miles away. Other popular choices are Luton Airport, Biggin Hill Airport, and Farnborough Airport, which ranks highly in the industry for its private travelers’ facilities.
London’s Tourism Scene
England’s capital is very multicultural. However, English heritage is still preserved and celebrated there. Tourists flock to historical buildings, including:
- the Palace of Westminster, home to the Houses of Parliament, and the world’s largest gothic palace,
- Buckingham Palace, the monarch’s London residence,
- Westminster Abbey, site of most coronations and royal weddings for centuries,
- the Tower of London, home to the Crown Jewels.
There are also numerous galleries, theaters, parks, museums, tours, and attractions. Some of the most popular are:
- the world-famous Natural History Museum,
- the Tate Modern gallery,
- Hyde Park and Kensington Gardens,
- Warner Bros. Studio Tour, London: The Making of Harry Potter,
- the London Eye, a huge, rotating observation wheel,
- The Shard, the tallest building in Western Europe,
- The Barbican and Old Vic theaters.
London as a Hub of Business and Trade
London is a fantastic place to do business, with a diverse and highly-skilled workforce. It’s home to:
- 70 FTSE 100-listed companies and around 400 Fortune 500 companies,
- the headquarters of many major global companies, including McDonald’s, HSBC, the BBC, Royal Dutch Shell, Barclays, Vodafone, BP and Lloyds TSB,
- two of the top 20 European Business Schools, including London Business School (consistently in the top five.
Real Estate Investment in London
London has some of the most affluent areas in the UK, but there are also many more affordable areas. While the city’s average house price is the highest in the UK, properties here provide both excellent rental income and capital gain.
Where To Buy
Canary Wharf and Poplar have good rental yields and with major regeneration occurring in east London, they’re set to rise. Other eastern areas also set to increase in value and yield are Docklands (postcode E14), Whitechapel and Blackwall. Districts lready bringing in the highest yields are:
- Olympic Park and Stratford (E20)
- Chingford and Highams Park (E4)
- Southwark (SE1)
- SE28, stretching from Woolwich to Belvedere along the banks of the Thames.
Great Places to do Business
London, with its large population, major companies and thriving tourism sector, is a great place to invest in real estate and do business. When you fly by private jet, your plane becomes a great place for business too, offering you peace, privacy and convenience. You can even charter a jet with a meeting room, maximizing efficiency on the trip.
If you fly privately for more than 25 hours in a year, a private jet card offers guaranteed access to flights and the most cost-effective charter services. Why not research the best jet card memberships for frequent flyers—and save time and money in the next tax year?
