Whether you are looking for residential or commercial property to buy or to rent, one of your most immediate concerns is often the price you need to pay.
London has a deserved reputation as one of the world’s most expensive cities in which to buy or rent property. But its West End – central London’s retail and entertainment hub – is a surprisingly diverse and varied area, spanning an equally broad price spectrum for prospective owner occupiers, business premises, and tenants including students.
That diversity is something well understood by estate agents local to this part of London – such as www.ldg.co.uk, which has offices in Foley Street, Fitzrovia, but also operates in Bloomsbury, Covent Garden and Soho.
Of course, the fame and stylish attractions of the West End continue to attract international residents and investors with enough money to meet high-end prices, but the diversity and demand for property among other social groups also contribute to the buoyancy of the market.
The West End, therefore, along with other areas of the capital, continues to offer not only potential for investment growth but also a market that might be more accessible to those with less than astronomical sums to invest.
Examples of Diversity
You might not need to look very far for some notable features of diversity, colour and vibrancy:
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London is justifiably proud of its green spaces and parks – and the West End certainly plays more than its fair share in contributing to this aspect of the capital’s international reputation;
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according to the website http://www.edie.net/, the West End might even be poised to make a significant contribution to reducing air pollution in the capital as whole through a Wild West End project to create still further open green space;
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with cleaner air, greater biodiversity and more green spaces, you stand the chance of being able to take what is likely to be a pleasantly short stroll from your home to your West End office or business premises;
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a different kind of colour and vibrancy may be encountered at the many street markets that continue to thrive in this part of central London – whether you are shopping for daily essentials, looking for bargains or just soaking up the atmosphere of long-established stalls, London markets are in a class of their own;
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the West End is synonymous with theatreland, of course, so you may be assured of ready and easy access to a whole host of stage productions;
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the area has also long attracted its share of academics, literary artists and painters – frequently making their presence felt either at one of a number of university colleges or in public or independent galleries.
To paraphrase a well-known saying, anyone tired of the West End of London is almost certain to be tired of life itself. It is iconic, it is character-full and it makes a particularly attractive place in which to live, to do business or in which to invest.
Tenants in exclusive areas of London may be paying £1000 per week for a home. In fact, new research shows London’s most expensive area is W1K – a square foot of a two-bedroom apartment generates almost 80 pounds in rent.
However, access to the lifestyle the West End offers is within the means and reach of individuals from practically every walk of life – from super-rich property buyers to students of considerably more modest means who are looking for realistically priced accommodation while pursuing their studies.