properties for millennials

Photo source: PropertyReporter http://bit.ly/2j6Hhmt

Affordable houses may not be a strong point for London, but the city is still on the preferences list of Millennials.

Studies show that Millennials would choose the city for a couple of reasons. And, as stated in this article on Property Reporter, the top five London Millennial Hotspots are:

1. Redbridge – Best For Culture
2. Croydon – Best For Young Families
3. Newham – Best For Star Neighbourhood: East Ham
4. Barking & Dagenham – Best For First Time Buyers
5. Tower Hamlets –  Best For Hipsters, Foodies And Festival Heads

Yes, you noticed rightly! Locations with a high cost of living like Kensington and Chelsea are not on the list. This is because Millennials search for cost effective places.

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