Housing Market and Transport Links in Tottenham

Tottenham has a lot to offer in terms of residential properties, with a variety of options available to suit different needs and budgets.

The volume of residential properties

According to data from the Office for National Statistics (ONS), in Tottenham, as of 2021, there are approximately:

• 8,800 1 bedroom flats 
• 7,200 2 bedroom flats
• 4,500 3 bedroom flats

 For houses, there are roughly:

• 3,500 with 1 bedroom 
• 2,500 with 2 bedrooms 

This compares differently to the average for London, which has a higher volume of 3 bedroom houses and a lower volume of 1 bedroom flats.

Rent vs Owner Occupied

Renting vs owner-occupier rates in Tottenham are slightly lower than the UK average, around 40% of the housing stock is for rent and 60% is owner-occupied.  Nationally, the average for renting is around 49%.

Housing Prices

The average house price in Tottenham is around:

• £300,000 for a 1 bedroom property
• £400,000 for a 2 bedroom property 
• £500,000 for a 3 bedroom property 

These prices are slightly higher than the average in the UK, which is around:

• £500,000 for a 1 bedroom property
• £700,000 for a 2 bedroom property 
• £950,000 for a 3 bedroom property

The age of the housing stock in Tottenham is quite diverse, with a mix of old and new properties. There are around 30% of new build properties in the area, which is higher than the average in the UK. 

There are several major housing development projects currently taking place in Tottenham, such as the Northumberland Development Project and the Tottenham Hale Regeneration Project. You can visit the Haringey Council website for more information on these and other housing development projects in the area. https://www.haringey.gov.uk/regeneration/tottenham.

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Transport Links

Train links in Tottenham are excellent, with several big stations servicing the area. Tottenham Hale and Seven Sisters are the main stations in Tottenham, and they offer services on the Victoria, Overground, and Great Eastern lines. This gives tenants easy access to other parts of London, including the West End, City, and Stratford. Compared to the average in London, Tottenham has frequent services.

Bus links in Tottenham are also good, with several major bus routes passing through the area. These include the 123, 149, 230, and 318, which connect Tottenham to other parts of London, including Waterloo and Ilford. Commute times in Tottenham are generally shorter than the average in London. This is partly due to the excellent transport links in the area, but also because of the proximity of Tottenham to other parts of London. For example, it takes around 11 minutes to get from Tottenham Hale to Stratford.

Tottenham also has a good network of bike lanes, making it a convenient place for cyclists to live. The Cycle Superhighway routes, such as CS1 and CS7  bike lanes connect Tottenham to other parts of London.

In conclusion, Tottenham offers a variety of options for potential landlords looking to invest in buy-to-let housing stock. With a mix of different types and sizes of properties, as well as a higher percentage of 1-bedroom properties, it is an attractive location for those looking to invest in rental properties due to the high percentage of properties for rent. It is also an excellent location for commute, thanks to its excellent transport links. The area has train stops that connect Tottenham to Stratford in under 11 minutes and offers services on the Victoria, Overground, and Great Eastern lines.

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