Investors should aim for areas on the Crossrail line sooner in order to make the most of profit returns.
With the Crossrail services to take place in May of 2018, is it too late for investors to benefit from the increase of the property prices that such a massive transportation development can bring?
Since the full approval of the project in 2008, it have been estimated that the value of housing near the stations has developed by 20 percent, more than the standard capital appreciation of housing properties in London. Even crossrail themselves reckon that their plan is set to boost property values by £5.5 billion.
We have frequently advised investors to explore the Crossrail route, for there is still possibility to take advantage of the anticipated Crossrail premium. Some of the easy spots may have already been sold, so investors must do extensive research and get excellent advice to find the remaining great opportunities and be mindful that sellers are bound to maximize all the exposure attached to Crossrail.
Transport development may it be minor or major can produce exceptional buy-to-let investment opportunities in an outstanding place like London, where commuter links are essential.
On the other hand, there is the planned Crossrail 2 which will link Wimbledon to Tottenham Hale, which is likely to be another innovative breakthrough in the transport system.