Central London properties ''offering investment opportunities''
Date posted: 27 Nov 2009
Softer prices within the central London property market are providing investors with potential opportunities, according to one expert.
Naomi Heaton, chief executive of the property firm Central London Portfolio, believes that while property prices are starting to go up, the market is still not as strong as that seen in previous years.
She commented: "At the moment, there is a very specific window of opportunity simply because prices are softer than they were.
"They are ticking back up again strongly, but they are still discounted."
Softer prices within the central London property market are providing investors with potential opportunities, according to one expert.
Naomi Heaton, chief executive of the property firm Central London Portfolio, believes that while property prices are starting to go up, the market is still not as strong as that seen in previous years.
She commented: "At the moment, there is a very specific window of opportunity simply because prices are softer than they were.
"They are ticking back up again strongly, but they are still discounted."
Ms Heaton went on to suggest that demand for prime London properties will continue as a lack of available land means that such properties are in fairly limited supply.
Earlier this month, the property resource Zoopla.co.uk claimed that over the past two years, there has been a 35 per cent decrease when it comes to the amount of properties valued at more than £1 million.
Click here to email or call on 0207 382 8060.
Partner
Our team work with commercial and residential developers, property investors and property funds, construction companies, registered providers, private clients and land owners.
Learn more...
