Property

‘If you’re looking for an investment, location is incredibly important – but don’t buy the most expensive and grand house on the street,’ says Fell , ‘instead, focus on the property that seems a little shabby but has great development potential.’

Even though the national housing market is a little unstable, there are still pockets of London that are increasing in value, explains Fell, who regularly checks websites like www.upmystreet.com where you can find out each neighbourhood’s crime rate and the national average. Fell also recommends studying local authority sites to uncover spending patterns – particularly useful in charting the rise of a neighbourhood.

‘Areas like Lambeth, for example, have some of the highest population and crime rate statistics in the UK, but Lambeth is also the most improved council in the capital with a significant budget and initiatives directly aimed at creating a safer community. Take a look at the house price trends in some of the historically less desirable areas. If they have started to jump up, it’s likely they will continue to do so. Up My Street will send you a tailor-made valuation report of the local area, the same banks and solicitors use, for £19.99. It could be the best 20 quid you ever spend!’ Go to their Property Valuation Report to find out more.

For more info visit www.executiverelocation.co.uk. Feature continues