Five areas in the UK undergoing regeneration will become top property hotspots over the next 12 months, according to a leading expert in the housing trade .
One of the top five areas for property investment in the UK for this year is Kent .
According to a spokesman from property website Whathouse.co.uk central London locations are being targeted as huge City bonuses are being invested in property will lead to prices being pushed up. Fashionable areas like Belgravia, Mayfair and Knightsbridge are experiencing the fastest growing house prices in the country. At the top of the list is Hackney and Kings Cross with Kent coming in at number three.
The site claims, "Residential properties in some parts of Kent are likely to record significant capital growth, due to infrastructure improvements, regeneration and the new high-speed Kent rail service, which will significantly cut the journey time to King’s Cross."
Property market expert Yolande Barnes of Savills Research said, "Run-down Georgian townhouses in Gravesend would be ideal for investing in.
"The new train running from Ebbsfleet to St Pancras will take just 20 minutes, which will be a huge booster.”
She added: "Folkestone is set to be regenerated and will benefit hugely from a high-speed commuter link. Canterbury will not benefit quite so much time-wise, but will become commutable and therefore a hugely desirable place to live in, and so will see big residential property price rises."
Other areas named in the UK top five areas are Rochdale and Liverpool .
"Although prices in London and the south-east are expected to experience the greatest level of capital growth, shrewd investors are looking to areas of regeneration and locations that are set to benefit from the implementation of new transport links," explained a spokesperson for Whathouse.co.uk.
 |
| Property Guides |
Buying property |
| Find Property in the UK |
| My estateagents | |||||
|
Top property investment locations in England
Thu, 11 Jan 2007
Recommended links
Apply for A MortgageHouse Prices are Still Soaring
London House Prices Are The Highest in the Country
London House Prices Have Risen 50 per cent during 2006
Guides to buying property
Guides to selling property
| Bookmark: |  |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Estate Agents news |
|---|
| Estate agents praise stamp duty cut - Fri, 05 Sep 2008 |
| Estate Agency Closures Expected To Rise - Wed, 03 Sep 2008 |
| 10,000 estate agents could lose jobs - Fri, 29 Aug 2008 |
| More News |
