Barnet’s Housing Market and Transport Links

As a landlord, you may be considering the buy-to-let market in Barnet. Located in North London, Barnet is a thriving borough with a growing population, excellent transport links, and a diverse range of residential properties.

Volume of Residential Properties

There is a good mix of housing stock in Barnet, with around 3,400 1-bedroom flats, 4,200 2-bedroom flats and houses, and 2,500 3-bedroom flats and houses. This is comparable to the average across London. It is important to consider the type and number of bedrooms when investing in a buy-to-let property, as this will affect the potential rental income and target tenant demographic.

Rent vs Owner-Occupied

In Barnet, around two-thirds of the housing stock is owner-occupied, with the remaining third being rented. This is similar to the average across London. It is important to consider the rental vs occupier rate, as this will give you an indication of the demand for rental properties in the area.

Average House Price

The average house price in Barnet is £475,000 for a 1-bedroom flat, £600,000 for a 2-bedroom flat or house, and £800,000 for a 3-bedroom flat or house. These prices are slightly higher than the average across London, but this reflects the desirable location and excellent transport links.

Residential Properties for Rent

There are approximately 4,800 properties available for rent in Barnet. When choosing a buy-to-let location, it is important to consider the number of properties available for rent, as this will give you an indication of the level of competition in the area.

Age of Housing Stock

The housing stock in Barnet is relatively new, with around 30% of properties being new builds. This is a good indication of the growth and investment in the area, and is a factor to consider when choosing a buy-to-let property. Some of the major housing development projects in Barnet include The Broadway and The Spires. For more information on major housing developments in Barnet, visit the Barnet Council website.

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Financial Considerations

Finally, when investing in a buy-to-let property, it is important to consider the condition of the property. Factors to consider include the age and condition of the building, any necessary repairs or renovations, and the cost of maintaining the property. With careful consideration of these factors, you can make an informed decision on your next buy-to-let investment in Barnet.

Transport Links

Barnet is a London borough located in the northern part of the city. It is well connected by various modes of transportation including buses, trains, and underground trains. The main bus station in Barnet is located at High Barnet, which is served by several bus routes including the 84, 107, 184, 263, and 326. These buses connect the area to other parts of London such as Finchley, Golders Green, and Hendon.

The London Underground’s Northern line runs through High Barnet and Totteridge & Whetstone, providing easy access to Central London and other parts of the city. The area is also served by several National Rail services with stations including New Barnet, Oakleigh Park, and Hadley Wood. These trains connect the area to other parts of London as well as destinations outside the city such as Welwyn Garden City and Stevenage.

In addition to the above, London Overground also runs services through the area with stations such as Mill Hill Broadway and West Finchley. The area is also served by London’s cycle hire scheme, Santander Cycles, with several docking stations located throughout the borough.

Furthermore, London’s major airports such as Heathrow, Gatwick and Luton are easily accessible from Barnet by train or bus. Overall, The transport links in Barnet are well-developed, providing residents with easy access to other parts of London and beyond.

In conclusion, Barnet, North London, is a thriving borough with growing population and excellent transport links. It has a good mix of residential properties with the average house price being higher than the average in London. Two-thirds of the housing stock is owner-occupied.

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