John M - The trick is to view London, not as one city but many differen't property areas.

Some parts of London are still good for property investment, such as New Barnet, New Southgate etc (en5, n11)

Other areas such as Richmond, Clapham, Putney are now so overpriced that a good investment is hard to find, Tooting is not bad though.

If you pick your area carefully and are prepared for the long haul, then you can really go wrong with London. It's a much more stable palce to buy than other parts of the country, and I can't see house prices plumetting as London has the industry and infrastructure to attract a constant flow of people requiring property.

Hi

i'm agreed with rajeshk4u few points. But Olympic effect effect whole country. But only london. with in 3 weeks bring your money and millions on people. lot of money spending on transport, road and hospitals also. That's help day to day life. Olympic bring your lot. i saw cities before and after Olympic. Big social,economic improvements and developments.

hsc-online - not sure I fully understand your post, but if I'm reading it right, then yes East london property prices will rise because of the olympics, in many case property prices ie Stratford, have allready gone through the roof.

John,

There's still money to be made in London although I'm not sure about the property fund route....remember you make your money when you "buy".

Regards,
Simon

Does anyone know about investments around Gatwick airport - serviced apartments type of stuff?

Quote from Telegraph article:

What are the best buys? Knight Frank says the strongest part of the London market is likely to be in the £500,000 to £750,000 bracket, fuelled by later first-timers trying to get a foot on the ladder. Savills says there will be "distress sales" that may give buyers good prices, but repossessions are already finding their way into the auction catalogues, so they may never appear in high street windows. Bulk buyers may do well at developers' year-end sales when they will be keen to shift stock and cut prices.

Follow the migration routes. No one is predicting a crash, and demand for houses in the South-East, South-West, East Anglia and London remains immense. Knight Frank still expects prices to rise in the first three areas by between 4 per cent and 5 per cent next year, and in London by 3 per cent.

I would not want to invest near the Olympics to be honest, you only have to look at what happened to Greece when it was all over. Lots of empty units and lots of Vendors selling at the same time. I bought a little two bed ex-local flat that is managed by a Golden Landlord who offers me a fixed tenant along with a rental surplus. Last year I released the equity and with 100% funding am now on my way to making a substantial pension for myself. At 40yrs I own two properties I intend to have eight by the time I am fifty. But not necessarily near the olympics.

Good Luck

I digress a little but there has been some talk of London having a Formula 1 street race - it reminds me of the crazy prices appartment owners in Monaco can charge for just renting an overlooking room out during the grand prix there - thousands!

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Paul
www.InsideTrack.co.uk
Property Investment Education

If you are prepared to live on the outskirts of London then areas like, New Barnet and East Barnet still represent good value, i bought a 3 bed house for £300,000 in New Barnet (may 2007). In terms of transport links you can get into Moorgate or Kings Cross in less that 25mins on the overland and depending on where you buy you have the Northen and Picadilly line nearby.

Offcouse , investing in London is quite expensive as most of the rich people of Uk stay at LONDON. I hope you were aware of that the prices in the Uk property market wre dropped by 10% when compared to that of the last year , expected to drop more in the new year. i advise you to wait untill there is much drop in prices of property and buy it in London.

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