East London is entering a new era as a business powerhouse and residential domicile for London’s elite, making it the area to invest in Buy-to-Let property. Thanks to extensive regeneration schemes and brand new transport networks such as Crossrail, once overlooked residential districts are now emerging as the hotspots to watch on London’s property market; and the prodigious winner of the east is, without a doubt, Shoreditch.
Regarded as a stable, low-risk investment, Buy-to-Let property has been a trustworthy preference for investors – both domestic and overseas – in recent years, accumulating millions of pounds worth of capital growth and rental yields annually for London’s landlords.
A popular strategy that has become a new norm on the London property market is buying off-plan, whereby the purchased home has not yet been built, but by the time it completes it is likely to have increased in value; investors then go on to rent out their property in the short term before selling at a profit. Some investors may move from one Buy-to-Let property to another or have a vast portfolio of homes in various locations. Similarly, some investors may be a landlord by occupation whilst others will use their rental home(s) as a supplementary income stream. Whatever the strategy, the aim remains the same: target areas offering high rental yields to generate revenue for the long term.
Neighbouring Old Street – the home of ‘Tech City’, now the third largest technology cluster in the world – and the City of London, Shoreditch is a cultural nerve centre on the verge of some of the capital’s focal business institutions. Just a short stroll from the City’s future Crossrail hub, Liverpool Street, Shoreditch’s status as a rising Prime location is irrefutable.
Whether you’re new to Buy-to-Let or are looking for an ambitious new prospect to add to your portfolio, the luxury apartments at The Stage will make for a rewarding opportunity. Each property will come with a 3% Stamp Duty allowance, courtesy of Galliard Homes, covering the surcharge required on second homes.
Browse the properties below or call us today for more information about Buy-to-Let opportunities in Shoreditch on 020 3621 0525.