Wimbledon is proving as popular as ever with buyers and tenants. The area has always been viewed as a ‘safe haven’ in the London property market. It’s true, Wimbledon only continues to get better and better in terms of what it can offer its residents. Even as Brexit looms, the ‘bubble’ surrounding the Wimbledon market hasn’t burst, and it continues to be a part of London which attracts both homebuyers and buy-to-let investors.
So why are some of the best investment opportunities still in Wimbledon?
The village factor
Wimbledon benefits from a unique ‘town meets country atmosphere’. This is mainly due to the wealth of wide open green spaces on the doorstep and the amount of space available to residents – it’s easier to buy a property with a garden in Wimbledon, for example.
Wimbledon is 10 miles from the centre of London, yet is more like nearby Surrey in terms of atmosphere. Residents can live a quieter more leisurely life, away from the hustle and bustle and all-night noise of inner London, yet they are never far from its dizzying centre.
From nursery schools to sixth form colleges, there is a wealth of choice for Wimbledon residents, and it’s another factor behind the area’s popularity with families. King’s College School is one of the highest performing schools in the UK in terms of academia, while Rutlish School and the Ursuline High School also have an excellent reputation.
Wimbledon Common occupies the largest expanse of common land in London, covering 460 hectares. It is a key attraction for buyers and tenants looking to rent in the area. It’s ideal for sports, leisure activities and recreation – and a great place for a long walk.
Cannizaro Park is an altogether more formal affair. Named after the big house, Cannizaro House, the surrounding landscaped gardens are open to the public, and there are ornamental gardens and ponds. The park is very picturesque, and beautiful at all times of the year.
Good transport links always play a role in the popularity of an area among prospective buyers and tenants. Can residents get about easily? Yes, they can. Wimbledon benefits from having fast rail links into Central London and to other parts of the UK.
Wimbledon Station and Wimbledon Park are on the District Line, while Wimbledon South is on the Northern Line. Wimbledon Station is also served by National Rail and Tramlink, with London Waterloo only 15 minutes away.
Wimbledon is known for its wealth of detached properties, both period and modern, with some featuring a neo-Georgian style. Victorian terraced properties with character are plentiful, as are Victorian villas with four or five bedrooms. People who buy or rent in Wimbledon are often in search of more space, and Wimbledon offers that. Many of the detached properties come complete with large gardens.
In terms of amenities, Wimbledon does not disappoint. There are many good pubs to choose from, including the Hand & Raquet, and the Rose & Crown. From the Holy Smoke (very small and very popular) to The White Onion, diners have many options. Shoppers are also spoilt for choice. For independent shops there’s Wimbledon Village, while the more established brands are found nearer to Wimbledon Station.
Wimbledon offers a unique lifestyle to its residents, and this encourages buyers and tenants to the area. A more countrified way of life is on offer, while residents can also benefit from the luxury of being so near to the commercial and cultural heart of the capital.
For buy-to-let investors, Wimbledon remains a ‘safe haven’, regardless of any impact Brexit or stamp duty increases may have. It’s a popular area – known on the international stage because of a certain world-famous tennis tournament – and will continue to be so.