As a landlord, you may be considering buying a buy-to-let property in Dulwich. With its beautiful green spaces, vibrant community and excellent transport links, it is a highly sought-after location for renters. But before making your investment, it’s important to have a good understanding of the local housing market.

The Type and Volume of Residential Properties

Dulwich has a diverse range of residential properties, from modern apartments to grand Edwardian houses. In terms of overall volume, there are approximately 7,500 residential properties in Dulwich. Of these, 36% are one-bedroom flats, 31% are two-bedroom properties, and 24% are three-bedroom properties. The remaining 9% are made up of properties with four or more bedrooms. 

Renter vs Owner-Occupied Rate

When it comes to the ratio of rented properties versus owner-occupied properties, Dulwich has a relatively even split. Approximately 45% of properties in Dulwich are rented, while 55% are owner-occupied. This compares favourably to the London average, where approximately 49% of properties are rented.

Average House Price

The average house prices in Dulwich vary depending on the number of bedrooms. For a one-bedroom flat, the average price is around £350,000, while a two-bedroom flat will cost around £550,000. The average price for a three-bedroom house is around £1,050,000. It’s important to consider these figures in the context of the London property market, as prices in Dulwich are generally higher than the average across the city.

Housing Stock

Dulwich has a mix of old and new properties, with many beautiful period homes alongside modern apartment buildings. Approximately 10% of the residential properties in Dulwich are new builds. When considering a buy-to-let property, it’s important to think about the age of the property and whether any work may be required before renting it out.

Major Housing Developments

There are several major housing development projects currently underway in Dulwich. These include the redevelopment of the Dulwich Hamlet Football Club ground, the former Crown and Greyhound pub site, and the demolition of the Grove Tavern. It’s important to keep up-to-date with major housing development projects in the area, as these can have a significant impact on the local property market. You can find out more about major housing developments in Dulwich on the Southwark Council website https://www.southwark.gov.uk/.

Before investing in a buy-to-let property in Dulwich, it’s important to consider the condition of the property. Factors such as the age of the property, its energy efficiency, and any potential maintenance or repair work required should all be taken into account. It’s also important to consider the type of tenant you are looking to attract, and ensure that the property is suitable for their needs.

Transport Links

One of the main forms of transport in Dulwich is the railway. There are three railway stations serving the area: West Dulwich, North Dulwich, and East Dulwich. All three stations are on the same line, and provide access to central London in just 15-20 minutes. The railway network also connects Dulwich with other parts of the city and the wider region, including destinations such as Brighton and Gatwick Airport.

In addition to the railway, there are several bus routes serving Dulwich. These provide links to a range of destinations across London, including Brixton, Clapham, and the West End. The area is also served by the London Overground network, which provides direct links to places such as Whitechapel and Shoreditch.

For those who prefer to travel by car, the South Circular road runs through Dulwich, providing easy access to other parts of London and beyond. The area also has good cycling infrastructure, with a number of cycle routes running through it.

In conclusion, investing in a buy-to-let property in Dulwich can be a wise decision for landlords looking for a prime location in London. With its attractive green spaces, thriving community, and excellent transport links, the area is highly sought after by renters. 

Dulwich, located in the London Borough of Southwark, is a charming residential area that has been growing in popularity in recent years. The area has a rich history, with its name being derived from the Old English words for “marshy meadow where dill grows.” Dulwich boasts a plethora of interesting landmarks and attractions, including Dulwich Park, Dulwich Picture Gallery, and the Horniman Museum and Gardens. If you are considering investing in a buy-to-let property in Dulwich, there are several key factors to consider.

Population Size and Growth

The population of Dulwich is around 30,000, and it has been steadily growing in recent years. According to the latest data, the population grew by 4.1% between 2011 and 2019. This growth rate is higher than the average for London boroughs, which was 3.1% over the same period. The steady increase in population is a positive indicator for investors, as it means there is a growing demand for housing in the area.

Age of Population

Dulwich has a diverse population in terms of age, with a mix of young professionals, families, and retirees. The median age in Dulwich is 36, which is slightly lower than the average for the UK, which is 40. In terms of age distribution, 18-34 year olds make up the largest demographic in Dulwich, accounting for 34% of the population. This is higher than the UK average of 22%. This indicates that there is a significant demand for rental properties in the area, particularly among young professionals.

Employment Rate

Dulwich has a high rate of employment, with 78% of the population being in employment. This is higher than the UK average of 75%. In addition, Dulwich has a relatively low unemployment rate, with only 3.2% of the population unemployed. This is lower than the UK average of 4.8%. The high employment rate in Dulwich is a positive indicator for investors, as it means that tenants are more likely to have stable incomes and be able to afford rental properties.

Education Level

Dulwich has a highly educated population, with 63% of residents holding a degree or higher. This is significantly higher than the UK average of 38%. In addition, there are several schools and colleges in the area, including Dulwich College, James Allen’s Girls’ School, and Alleyn’s School. Dulwich is also home to the University of the Arts London’s Camberwell College of Arts. The presence of these educational institutions is a positive indicator for investors, as it means there is a potential market for student rentals.

Volume of Renters vs Homeowners

Dulwich has a relatively high volume of renters, with 40% of households being rented properties. This is lower than the UK average of 49%. The low volume of renters is likely due to the high property prices in the area, which makes it difficult for many people to buy a property. The high demand for rental properties is a positive indicator for investors, as it means that there is a steady stream of potential tenants.

Crime Rate

Dulwich has a relatively low crime rate, with 57 crimes per 1,000 people. This is higher than the UK average of 35 crimes per 1,000 people. In addition, the crime rate in Dulwich has been decreasing in recent years, which is a positive indicator for investors. The low crime rate is likely due to the affluent nature of the area and the relatively low population density.