Surbiton’s Housing Market and Transport Links
Surbiton is well-known for its charming residential areas and its convenient transport links to London. Surbiton offers a unique combination of a peaceful suburban lifestyle with the advantages of a well-connected city, making it an attractive option for those looking to invest in the housing market.
Housing stock
In terms of rental properties, around 45% of the housing stock in Surbiton is for rent, while 55% is owner-occupied. This high proportion of rental properties is important to consider as it indicates a strong demand for rental properties in the area.
The average house price for a 1-bedroom house in Surbiton is around £300,000, for a 2-bedroom house, it’s approximately £400,000, and for a 3-bedroom house, it’s around £500,000. These figures are much lower than the average house price in London, which are around £500,000, £700,000, and £950,000, respectively.
The majority of the properties are relatively older, however, there has been an increase in new build properties in recent years, with several major housing development projects underway. Some of the well-known projects include the Surbiton Green development and the Berrylands Riverside development. It is important to consider potential housing development when investing in the housing market as it will impact the demand for rental properties and the potential return on investment.
Transport
Now, let’s turn our attention to the transport links in Surbiton. As a landlord, it is important to consider the transport links when investing in a buy-to-let property as it will impact the demand for rental properties and the potential return on investment.
Surbiton is well-connected to London and other parts of the UK, with several train stops and major stations located in the area. Some of the well-known stations include Surbiton Station and Berrylands Station, which are serviced by several train lines including the South Western Railway and the London Overground. The commute times from Surbiton to London are relatively short, with an average journey time of around 30 minutes. This is shorter than the average in London, making Surbiton an attractive option for those looking for a convenient commute.
In coonclusion, Surbiton offers a unique combination of a peaceful suburban lifestyle with the advantages of a well-connected city. The housing market in Surbiton is relatively affordable, with a higher proportion of rental properties and a lower average house price compared to the average in London. The transport links in Surbiton are also convenient, with several train stops and major stations located in the area, providing easy access to London and other parts of the UK. If you are considering investing in a buy-to-let property in Surbiton, these factors are important to consider to maximise the return of your investment
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