Mind the price gap: Night Tube lifts values
The arrival of London’s Night Tube will bring with it a price premium of as much as 10 per cent for properties close to a handful of selected stations along the route, according to research from Sellmyhome.co.uk and Dataloft.
Homes close to Stratford, Willesden Green, Mile End and Canada Water are set to rise more than at any other station served by the Night Tube, commanding a rise in value of between five and 10 per cent more than the surrounding area.
Buy-to-let investors will also benefit from increased rental income at the stations, with Night Tube adding further appeal for students and younger people, who rent largely in the private sector.
The report suggests Stratford and Finsbury are likely to attract more residents and boost demand as a result of being served by Two Night Tube lines.