St John’s Wood’s Housing Market and Transport Links

As a landlord, it’s essential to consider the unique factors that make a location like St John’s Wood a desirable place to invest in. In this blog post, we’ll explore the housing market, types of properties available, rental versus owner-occupied rates, average house prices, and housing development projects in St John’s Wood, as well as the transport links and commute times.

Housing stock

St John’s Wood is home to a wide range of residential properties, from 1-bedroom flats to spacious houses. There are approximately 12,000 residential properties in St John’s Wood, with the majority being 1 and 2-bedroom flats. This is significantly higher compared to the average in London, where the majority of properties are 3-bedroom houses. When considering a buy-to-let investment, it’s important to understand the demand for different property types and the number of bedrooms. This can give you an idea of the potential rental yield and demand from tenants.

Rental vs Owner-Occupied rate

In St John’s Wood, around 60% of properties are owner-occupied, while the remaining 40% are rented out. This is higher compared to the average in London, where the majority of properties are owner-occupied. Understanding the rental versus owner-occupied rate is crucial for potential landlords as it can impact the demand for rental properties and potential rental yields.

Average House Prices

St John’s Wood’s average prices are significantly higher than the average for London. A one-bedroom house in the area will typically cost around £1 million, while a two-bedroom house will cost around £1.5 million, and a three-bedroom house will cost around £2 million. These prices are significantly higher than the average for London, which currently stands at £500,000 for a one-bedroom house, £700,000 for a two-bedroom house, and £950,000 for a three-bedroom house.

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Age of Housing Stock and Major Housing Development Projects

The majority of properties in St John’s Wood are older properties, with a small number of new builds. There are several major housing development projects in the works, including “The Strand” and “The Residence at St John’s Wood.” It’s important to consider the age of the housing stock and potential housing developments when choosing a buy-to-let location as it can impact the demand for rental properties and potential rental yields. For more information on major housing development projects in St John’s Wood, you can visit the Camden Council website.

Transport Links in St John’s Wood

St John’s Wood is serviced by several train stations, including St John’s Wood station and Maida Vale station. The Jubilee Line and Bakerloo Line service the area, offering residents convenient access to many of London’s most popular destinations. The volume of train stops and convenient access to several lines make St John’s Wood a highly desirable location for tenants. Overall, the average commute time from St John’s Wood to central London is approximately 20 minutes, which is much shorter than the london average of 35 minutes. 

 St John’s Wood is also serviced by several bus routes, offering residents convenient access to other areas of London. The bus links in St John’s Wood are similar to the average in London, making it an excellent location for those who prefer to use public transport.

In conclusion, St John’s Wood is an excellent location to invest in for potential landlords. The area has a variety of residential properties, a good ratio of owner-occupied to rental properties, significantly higher average house prices than the London average, and convenient transport links to other areas of London. The high demand for rental properties, combined with the shorter commute times and convenient transport links, make St John’s Wood an attractive option for potential landlords.

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