Stratford’s Housing Market and Transport links

This bustling town located in East London is a prime location for rental properties, thanks to its excellent transport links and diverse housing stock.

Housing stock

The overall volume of properties in Stratford is on par with the average in London, with a good mix of flats and houses. Specifically, there are a substantial number of 1 bedroom and 2 bedroom flats, as well as a healthy number of 3 bedroom houses. This diversity in housing type and number of bedrooms can cater to a range of tenants and in turn increase the potential for long-term rental income.

The average price for a 1 bedroom house in Stratford is around £365,000, for a 2 bedroom house it is around £450,000, and for a 3 bedroom house it is around £550,000, which are lower than the average house prices in London, which are around £500,000, £700,000, and £800,000, respectively, which indicates that there is a high demand for affordable housing options in the area.

There is also a mix of old and new properties available, with a significant number of new build properties, which can be attractive to tenants looking for modern and well-maintained accommodation. There are also several major housing development projects taking place in Stratford, such as the Stratford Waterfront and East Bank developments. To find out more about these and other major housing developments in the area, you can visit the website of the London Legacy Development Corporation https://www.queenelizabetholympicpark.co.uk/our-story.

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Transport 

When it comes to transportation links, Stratford offers excellent access to the rest of London. The area is home to several major train stations, including Stratford, Stratford International, and Stratford High Street, which offer service on several lines, including the Central, Jubilee, and DLR lines. The volume of train stops and the names of the big stations will give you an idea of the accessibility of the area and the potential tenant pool.

Commute times in Stratford are also relatively short, with an average commute time of 20 minutes to Central London. This is slightly shorter compared to the average in London, which is around 35 minutes. The shorter the commute time, the more attractive the area will be to potential tenants.

Conclusion 

Stratford is a bustling town that offers a prime location for rental properties. The town boasts a diverse housing stock that includes a good mix of flats and houses, catering to a range of tenants and increasing the potential for long-term rental income. House prices in Stratford are competitive compared to the London average, and there are a significant number of new build properties available, as well as several major housing development projects taking place in the area. There are also excellent transportation links with several major train stations and short commute times to Central London. All these factors make Stratford an attractive location for investors looking to get a good return on their investment.

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