Property Investment in Working
Population: 63,000 approx.
Average House Price: £500,000 approx.
Woking offers property investors a wide range of property types. Woking property types include apartments, traditional terraces and detached and semi-detached houses, plus new build houses and flats.
Property investors who are planning to let commuters should bear in mind that good access to workplaces is important for tenants. Locations within walking distance of Woking train station are the most attractive to London commuters.
Woking’s town center is a busy commercial and retail area. In recent years however there has been much residential development in the center, and city-living-type apartments have been developed. Woking’s town center property has great access to all the amenities including the Woking train station for commuters. It is a good-value property area.
North Working areas include Goldsworth Park, Horsell and Woodham. Horsell is a particularly popular residential spot that still has a village feel and has easy access to the town center and station. Goldsworth Park has good value property but is further out of town.
Areas to the east of Woking include Sheerwater and the separate large village of West Byfleet. These areas have good access to train stations at Woking and West Byfleet which also have trains to London. Sheerwater is based around a large housing estate first developed in the 1950s and is benefitting from regeneration. Sheerwater is generally a good-value property area.
Areas to the south of Woking include Hook Heath, Maybury, Mayford, Old Woking and Westfield. These are popular residential areas which have good access to Woking but are also semi-rural and green in parts. There is also a train station at Worplesdon. These areas have property prices to suit a range of budgets with Maybury and Old Woking having good value property.
Areas to the west of Woking itself include Bisley, Brookwood, knaphill, St. John’s and Worplesdon Hill. These are generally higher priced areas with some expensive streets with properties worth £1-2 million plus. Brookwood benefits from a train station with services into Woking in 5 minutes and London (London Waterloo 46 minutes).