As a landlord, you may be considering investing in buy-to-let property in Highbury & Islington, one of London’s most sought-after areas. With the growing demand for rental properties and the stable returns that come with it, it’s no wonder you’re considering taking the leap. Before you make a decision, it’s important to understand the key financial factors that affect buy-to-let investment in Highbury & Islington.

Average Rents

When it comes to average rents, Highbury & Islington is one of the most expensive areas in London. On average

• A 1 bedroom flat can cost anywhere between £1,500 to £2,000 per month
• A 2 bedroom flat can range from £2,500 to £3,500 per month
• A 3 bedroom flat can cost upwards of £3,500 per month. 

For houses:

• A 1 bedroom can cost upwards of £2,000 per month
• A 2 bedroom can range from £3,500 to £4,500 per month
• A 3 bedroom can cost upwards of £4,500 per month. 

These figures are significantly higher compared to the average rents in London.

Rental Yield

The rental yield in Highbury & Islington is one of the best in London:

• 4.5% to 5% for 1 bedroom flats, 
• 5% to 5.5% for 2 bedroom flats, 
• 5.5% to 6% for 3 bedroom flats. 

For houses, the rental yield is slightly higher, ranging from

• 5% to 5.5% for 1 bedroom, 
• 5.5% to 6% for 2 bedroom
• 6% to 6.5% for 3 bedroom

This compares favourably with the average rental yield in London, making Highbury & Isllington a prime location for buy-to-let investment.

Rental Demand

Rental demand in Highbury & Islington is high and continues to grow, with a large number of young professionals and families seeking quality accommodation in the area. This demand is fueled by the area’s excellent transport links, quality schools, and vibrant social scene. In comparison to the average rental demand in London, Highbury & Islington is a highly sought-after area, with a waiting list for rental properties that is constantly growing.

House Prices

The average house price in Highbury & Islington is slightly lower compared to the average in London, with a 1 bedroom house costing upwards of £450,000, a 2 bedroom house costing upwards of £650,000, and a 3 bedroom house costing upwards of £850,000. These prices may seem steep, but the high rental demand in the area, coupled with the stable rental yields, make it a sound investment choice for the long term.

Top Financial Considerations

Before making any investment, it’s important to consider the key financial factors that will affect your returns. When buying a buy-to-let property in Highbury & Islington, here are some key financial considerations to keep in mind:

1. Property value – Keep an eye on property prices in the area, as fluctuations can affect your returns
2. Rental demand – Ensure there is a steady demand for rental properties in the area
3. Rental yield – Consider the rental yield when calculating your expected returns
4. Property management – Hiring a property management company can help you avoid potential headaches, but also comes with its own costs
5. Maintenance costs – Factor in the ongoing maintenance costs for the property

In conclusion, Highbury & Islington is a prime location for buy-to-let investment, with high rental demand and favourable rental yields compared to the average in London. The area offers excellent transport links, quality schools, and a vibrant social scene, making it a highly sought-after location for young professionals and families. The average house price in Highbury & Islington may seem steep, but the high rental demand and stable rental yields make it a sound investment choice for the long term.

As a landlord, you may be considering buy-to-let properties in Highbury & Islington as your next investment opportunity. This is a fantastic choice, as the area offers a range of housing options, good transport links and a thriving local community. In this post, we’ll take a closer look at the housing market in Highbury & Islington, so you can make an informed decision about your next investment.

The Volume of Residential Properties

There is an overall high volume of residential properties in the area, with a higher proportion of 1 and 2 bedroom flats compared to the average in London. The number of bedrooms a property has can determine the type of tenant you are likely to attract and the potential rental income you could receive.

Renter vs Owner-Occupied

The majority of housing stock in Highbury & Islington is owner-occupied, however, there is still a significant number of properties available for rent. In comparison to the average in London, Highbury & Islington has a lower percentage of properties available for rent, making it a competitive market for landlords. When choosing a buy-to-let location, it’s important to consider the rental vs. owner-occupier rate, as this will give you an idea of the demand for rental properties in the area.

Average House Price

The average house price in Highbury & Islington is slightly lower compared to the average in London, with a 1 bedroom house costing upwards of £450,000, a 2 bedroom house costing upwards of £650,000, and a 3 bedroom house costing upwards of £850,000. These prices may seem steep, but the high rental demand in the area, coupled with the stable rental yields, make it a sound investment choice for the long term.

Housing Stock

The housing stock in Highbury & Islington is a mix of older properties and new builds. There are a number of new build developments in the area, offering modern and contemporary living spaces. The age of the housing can potentially determine the condition of the property and any potential renovation costs.

Major Housing Developments

Some of the major housing development projects in Highbury & Islington include “The Foundry” and “The Residence”. To find out more about major housing developments in the area, you can visit the Highbury & Islington council website. It’s important to consider potential housing developments when choosing a buy-to-let location, as this will give you an idea of any future changes to the area and any potential impacts on your investment.

Transport Links

Highbury & Islington is a neighbourhood in North London, with excellent transport links. It is served by two London Underground stations: Highbury & Islington Station, which is on the Victoria Line, and Holloway Road Station, which is on the Piccadilly Line. These two stations provide quick and convenient access to central London and other areas of the city.

In addition to the Underground, the neighbourhood is also served by a number of bus routes, including the 43, 271, and 393, which connect Highbury & Islington with other parts of London. The Overground is also nearby, providing access to the East and West of London.

Cycling is also a popular mode of transport in Highbury & Islington, with several bike lanes and a Santander Cycles docking station available in the area. For those who prefer to drive, there are several pay and display car parks in the area, as well as limited on-street parking.

In conclusion, Highbury & Islington offers a range of housing options, good transport links and a thriving local community, making it a fantastic choice for potential landlords. Additionally, Highbury & Islington has excellent transport links, making it a convenient location for those who need to commute to other parts of London or travel within the neighbourhood.

Highbury & Islington is a charming and historic neighbourhood in North London that has seen significant growth and development in recent years. It is known for its beautiful Georgian and Victorian architecture, vibrant cultural scene, and central location. The area has been a popular destination for young professionals, families, and students, who are attracted to its many amenities and attractions.

Population Size 

Highbury & Islington has a population of approximately 135,000, making it one of the larger London boroughs. The population has grown steadily over the past decade and is expected to continue to do so in the coming years. This growth is driven by the area’s strong economy, excellent transport links, and high standard of living. The population growth in Highbury & Islington outpaces the average for London as a whole, making it an attractive place for those looking for a thriving and dynamic community.

Age 

The population of Highbury & Islington is relatively young, with a median age of 35, much lower than the national average of 45. This youthful population is made up of a mix of young professionals, students, and families. The high proportion of young people in the area creates a vibrant and dynamic community, making it an attractive place to live, work, and play.

Employment Rate

Highbury & Islington has a strong job market, with an employment rate of around 74%, which is equivalent to the national average of 75%. This high employment rate is due to the area’s thriving economy and the presence of a number of large employers. The job market in Highbury & Islington is diverse, with a range of industries represented, including technology, finance, and creative arts.

Education 

The education level of the population of Highbury & Islington is also high, with around 42% of residents holding a degree, compared to the national average of 38%. The area is home to a number of primary and secondary schools, as well as a number of universities and colleges. The large student population in the area helps to contribute to its dynamic and youthful feel.

Home Ownership and Renting

Approximately 55% of residents in Highbury & Islington own their homes, while the remaining 45% rent. This is in line with the national average for the UK. The high volume of renters in the area makes it an attractive place for buy-to-let investors, as there is a strong demand for rental properties.

Crime Rates

The crime rate in Highbury & Islington is lower than the average for London, making it a safe and secure place to live. The area is well-policed and has a strong community spirit, which helps to maintain its low crime rate.

In conclusion, Highbury & Islington is a vibrant and dynamic borough that offers a high standard of living, a strong job market, a well-educated population, and a low crime rate. The population is growing and is relatively young, making it an attractive place to live, work, and play. With a high volume of renters in the area, there is a strong demand for buy-to-let properties, making it an attractive place for investors. With its central location, excellent transport links, and rich cultural heritage, Highbury & Islington is a great place to invest in a buy-to-let property.

Council name, contact number, email and website: Islington Council – 020 7527 2000, Website: https://www.islington.gov.uk/

HMO licence contact, contact number, email and website: Private Rented Accommodation Team – 020 7527 3292 Website: https://www.islington.gov.uk/housing/private-rented-accommodation

Council tax website: https://www.islington.gov.uk/council-tax

Civic amenities website: https://www.islington.gov.uk/community-and-leisure/amenities-and-facilities

Website for list of Highbury & Islington schools: https://www.islington.gov.uk/schools-and-education/schools

Trading standards contact number, email and website: https://www.islington.gov.uk/business/trading-standards

EPC register contact number, email and website: https://www.epcregister.com/

Waste collection contact number, email and website: https://www.islington.gov.uk/services/rubbish-and-recycling/

GSC register contact number, email and website: https://www.gscregister.org/

List of postcodes in Highbury & Islington: https://www.royalmail.com/find-a-postcode.