My apartment hunting is proving to be a nightmare, the rental market has gone bonkers and London is facing a post pandemic never seen before influx of people. It's never been so difficult to secure a property EVER. Everyone and their mother seems to be looking for an apartment so rates have sky rocketed like never before. My question is: Is Aldgate/Aldgate East a good location or it's too far east?
Thanks all!
Ana
Depends on the market / clientele that you are looking to attract. I personally do not like the area, but it does fringe the City and it is in an area that can attract some deep pocketed clients. However, it doesn't feel safe walking around at night and the men are quite leery around some of the corners (my personal experience).
I do know that rents in the area are still okay-ish and I guess you can maximise profits if you find the right property to work from; transport is also good since Elizabeth Line is now open to connect more stations to the area. Hope it works out for you, whatever your decision.