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Is Now the Right Time to Invest in Hendon Property?

Posted on Monday, July 6, 2020

Hendon is already well established as one of North London’s most sought-after locations. It has so much to offer its residents; from fantastic local amenities, to convenient transport links into Central London (and further afield).

Add this to the wealth of diverse architectural styles on offer, not to mention the excellent schools, and you’ve got the perfect place to call home. This is especially the case at present – here’s more information.

Why buy property in Hendon?

It’s experiencing significant regeneration

As every savvy investor knows, regeneration usually means that house prices will rise in the future. Hendon is currently being improved in a big way. The expansion of Brent Cross Shopping Centre (one of the largest redevelopment projects in the continent) will not only enhance local roads and introduce new residential space; it’ll also provide the area with another Thameslink station. This is bound to impact the value of the surrounding properties.

Likewise, West Hendon is having a major make-over, with an old estate being replaced with new housing, a town square, and several community facilities. You can learn more about this development work here.

It’s popular with people moving out of Central London

Plenty of people are choosing to move from expensive Central London, but still want to retain their easy commute to work each morning. Hendon Central station takes travellers to London St Pancras in just 17 minutes, which is extremely appealing for city workers. 

However, it’s not just the train stations that lure buyers from the capital. It’s also the proximity to several main roads, such as the M1, the A1, the North Circular and the A5 – which take drivers to multiple destinations across the country. As such, it’s advisable to invest sooner rather than later, or risk paying more in the future as house prices start to rise.

There are some exciting new developments on offer

Developers have been hard at work in Hendon in recent years. As a result, there’s a wealth of luxurious modern properties on the market. Hendon Waterside is understandably popular, thanks to the scenic views across Welsh Harp Harbour, and the new homes at Colindale Avenue (which used to be the site of Hendon Hospital) are also usually snapped up quickly.

There’s likely to be more houses built in the near future, so it’s worth keeping an eye on the market. At present, house prices in Hendon are lower than the London average; but they’ve grown noticeably in recent years, and look set to continue doing so.

It’s the ideal family location

Many people move to Hendon due to its excellent schools, and numerous attractions and activities for kids. In fact, the area’s biggest age demographic is the under 20s! There are several green spaces for children to play in; Hendon Park, Sunny Hill Park and the Copthall Playing Fields, to name just a few. The RAF Museum is another family favourite, as is Barnet Copthall Leisure Centre, which is home to the Tom Daley Diving Centre.

As the area continues to be redeveloped, it’s probable that its family appeal will grow. So, if you’re considering Hendon for your next house-move, start searching now. View our properties for sale in Hendon here.