Five cheapest places to purchase property in the city of London

Southwark

Southwark is a Borough in the city of London in the southern regions and it is connected to the city by several bridges which is spanning the River Thames. Southwark emerged in 1964 when three smaller council areas merged as a result of the London Government Act of 1963. Administration of Southwark is taking place in Southwark London Borough Council. Southwark is lying on the south bank of the River Thames which is also where the London Bridge terminus station can be found as well as other attractions such as Borough market, Shakespeare’s Globe, Tate modern and also the Shard. Valuable properties in central London are available for £100,000.

Marylebone

The extremely stylish residential area of Marylebone with all of its upmarket restaurants and indie boutiques as well as the popular Marylebone High Street continues to attract many people to this village. It is also popular among tourists who will happily queue for the opportunity to see the Sherlock Holmes Museum and Madame Tussauds waxwork museum. Another attraction is the Georgian mansion which is also home to the Wallace Collection of art as well as the various kind of furniture which tells the story of the history of this village and its development over the centuries. Affordable properties are available for around £95,000.

Hackney

In Inner London there is the London Borough of Hackney which is administered from Mare Street in Hackney. Other places in the region is Charing Cross which is only approximately 5 miles away. It is interesting to note that the northwest parts of Hackney belong to north London while the eastern and southern parts is regarded as part of east London. Nevertheless, Hackney has a population of just over 280 thousand inhabitants. The division of sub regions and boroughs result from the London Plan which has the purpose to ensure more effective engagement, statutory monitoring as well as better resource allocation. Properties is available for approximately £88,000 for a quick cash sale.

Waterloo

There are many unique cultural attractions in Waterloo such as the Old Vic theatre where people can see well-known directors and big-name actors. There are also various workshops and quality concerts many of which is hosted at the riverside South Bank Centre. Other places of interest are the London Eye Ferris wheel and also the Sea Life Aquarium. Furthermore, there is excellent eating places as well as several chain restaurants which is catering for whole families. The region is also popular because of its wine bars and traditional pubs which is enthusiastically frequented by people coming from work. Properties in this region can sell for £85,000.

Chelsea

One of the highly affluent areas in the city of London is Chelsea which is widely known for its a very busy King’s Road which is littered with high-end restaurants and scores of smart boutiques. One of the popular tourism attractions is The National Army Museum which provides people with an overview of British army history over the last five centuries. Other notable attractions are Saatchi Gallery where people can see contemporary art which is displayed in the headquarters of the Duke of York. Affordable housing is available from £40,000.

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