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Residential buy-to-Let

Luton ‘is the top choice for London commuters’

Author: Staff

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New research published by estate agent Jackson-Stops has showcased Luton in Bedfordshire as the number one town for commuters heading into London.

The company drew on a range of data when creating its list of top commuter hotspots in 2018, including factors ranging from annual house price growth and average property values, to the reliability of local train services and journey times into the capital.

Overall, Luton came out top when all the numbers had been crunched, followed by Dorking in second and Weybridge, Tonbridge and Slough in joint-third. The remainder of the top ten were made up of Woking, Basildon, Reading, Oxford and Chelmsford.

With an average house price of just over £252,000 and train links into London that ensure commuters can get into the city centre in just 24 minutes, there is little wonder that commuters are now flocking to Luton in their droves.

In addition, the fact that travellers can be guaranteed a train seat even during the morning rush hour was viewed as a significant boon for Luton’s position in the top ten.

Responding to the results, chairman at Jackson-Stops Nick Leeming commented: “Luton has prevailed, shaking off the reputation perpetuated by that 1970s Campari advert.

“The Bedfordshire town benefits from fast and frequent trains into the heart of London, comparatively low house prices and strong levels of annual price growth.”

This all means Luton is set to become an increasingly attractive prospect for UK property investors this year, with an expected rise in the number of commuters choosing to base themselves in this bustling and growing town.

The ease with which individuals can reach the capital makes Luton a perfect choice for busy commuters, with a growing need for new homes helping to create new investment opportunities all the time.

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