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Marc Da Silva finds that there are simply not enough flats and houses for sale in London to cater for existing demand, particularly as far as flats and houses for sale in Regents Parks are concerned, not to mention a shortage of flats and houses to rent in Regents Park.

Author's Name

Marc Da Silva

Phone

020 7723 9988

Web Site

www.sandfords.com/

Email

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Prime flats and houses for sale in London are now like gold dust, due to the sharp rise in the number of international buyers purchasing properties in the capital, not to mention the hike in buy-to-let investors adding to their property portfolios.

This is certainly the case as far as flats and houses for sale in Regents Park are concerned. A fundamental shortage of residential properties in the area in relation to supply has pushed local property prices to an all-time high.

The shortage of houses and flats for sale in Regents Park has forced more people wanting to live in this desirable part of the city into rental accommodation instead.

However, with tenant demand growing and the availability of housing falling, there are now simply not enough suitable flats and houses to rent in Regents Park.

The lack of homes in Regents Park is also placing upward pressure on rental prices, driving up rental yields, which is highly attractive for property investors.

Asian investors, for example, have been snapping up homes in Regents Park, having had their appetite whet by a cheap exchange rate due to the Sterling's poor showing against major overseas currencies, along with countless UK property exhibitions in Hong Kong and Kuala Lumpur.

Central London estate agents Sandfords, which has prestigious offices in Marylebone High Street and Regent's Park offering both sales and lettings, believes that properties in Regents Park present a great investment for buy-to-let investors, mainly because demand for houses and flats to rent in Regents Park is so high.

Andrew Ellinas of Sandfords says: "High net worth Britons are buying, confident that the Regent's Park and Marylebone areas in particular will hold their value much more reliably than other forms of investment with the possible exception of gold. Yet the price of gold is now so high that a crash is likely to occur immediately, the general economic climate shows signs of improving and all the investors could pile out as fast as they piled in."

With house building levels at their lowest level since the 1920's, the supply of new homes in Regents Park is unlikely to record any significant rise in the next few years, adding to the existing supply-demand imbalance, pushing sale and rental prices even higher.

For further information about homes in London which are located between Primrose Hill and Oxford Street, or to register your interest, please contact Sandfords on Tel: +44 (0)20 7723 9988 or visit www.sandfords.com.