Fulham’s Housing Market and Transport links

In this blog post, we’ll take a closer look at the type and volume of residential properties in Fulham, the average house prices, and the major housing development projects taking place. We’ll also discuss the transport links and commute times in the area, and how they compare to the rest of London.

Housing stock

There are a total of around 20,000 residential properties in Fulham, with a breakdown of 6,000 1 bedroom flats, 8,000 2 bedroom flats and houses, and 6,000 3 bedroom flats and houses. This compares favourably to the average in London, where the ratio of 1 bedroom to 2 and 3 bedroom properties is typically more balanced.

Looking at the renting versus owner-occupier rate in Fulham, around 60% of the housing stock is for rent, while 40% is owner-occupied. This is slightly higher than the average in London, where around 51% of properties are for rent. 

The age of the housing stock in Fulham is also worth noting; while a large portion of the properties are older, around 20% of them are new builds. This is important when deciding whether to invest in an older property that may require renovation or a new build that can be rented out at a higher price.

House prices

The average price for a 1 bedroom flat in Fulham is around £450,000, while a 2 bedroom flat or house will typically cost around £700,000. A 3 bedroom property in Fulham can fetch an average price of around £1,000,000. These prices are slightly higher than the average in London, but still within the typical range for the city.

Another important factor to consider when choosing a buy-to-let location is the number of properties available for rent. In Fulham, around 60% of the residential properties are available for rent. This can provide landlords with a sense of competition in the market and help them make an informed decision on pricing and property features.

When it comes to major housing development projects in Fulham, there are a number of exciting projects currently underway. Some of the notable ones include the redevelopment of the Imperial Wharf and the construction of the Parsons Green Lane development. For more information on these and other housing developments in Fulham, visit the Fulham and Hammersmith Council’s website www.lbhf.gov.uk.

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Transport 

Fulham is well-connected to the rest of London as there are a number of train stops in the area, with major stations such as Fulham Broadway and Parsons Green providing access to a variety of lines. When it comes to commute times, residents can expect to spend around 30 minutes on average getting to central London. This is slightly shorter than the average commute time in London, which can be around 35-40 minutes.

Conclusion 

Fulham is a great location for landlords looking to invest in a buy-to-let property. The area boasts a diverse range of residential properties, a high rate of rental properties, and attractive house prices. On top of this, the transport links and commute times in Fulham are also better than average. 

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Free Instant Valuation

See how much your property could get in rent.

Fee Saving Calculator

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Yield calculator

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Compliance checklist

Make sure your buy-to-let property remains legal.

Compliance Guide

Download your complete landlord compliance guide 

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Sam has a wealth of experience across the private landlord and Build to Rent sectors. He has advised a wide range of clients across the whole of London on how to find great tenants, improve their assets and effectively market their properties for the best returns.

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