Property investment stats for Park Royal, North West London

• The strong rental market, with an average yield of 6.1%, offers income-focused investors a reliable return.
• High private rented sector demand, in the 99th percentile, supports ongoing tenant interest and low void risk.
• Median asking rents of £2,698 for a 3-bedroom house and £2,300 for a 2-bedroom flat reinforce the area’s appeal for buy-to-let investors.

• The three-year capital growth has changed by -8.0%, with an annualised change of -2.8%, which may concern investors seeking capital appreciation.
• The unemployment rate is in the 98th percentile, suggesting local economic challenges that could impact tenant stability.
• Sales liquidity is moderate, with properties spending an average of 71 days on the market, so quick exits may not always be possible.

Park Royal’s property market is defined by its stability in the rental sector and a demographic profile that favours ongoing tenant demand. The area’s high proportion of young adults and professionals, alongside a strong student presence in the 98th percentile, should underpin rental demand in the coming year.

While recent capital growth over one year is positive at 0.9%, the longer-term trend has been neutral to negative, so investors should temper expectations for rapid price increases. The price-to-income ratio of 6.1 and rent-to-income ratio of 37.0% are typical for London, suggesting affordability is in line with other inner-city locations. Investors can expect steady yields and tenant demand, but should be prepared for a market where capital growth may take time to recover.