{"id":6099572,"date":"2024-05-31T14:05:07","date_gmt":"2024-05-31T14:05:07","guid":{"rendered":"https:\/\/www.buyassociationgroup.com\/en-hk\/2024\/05\/31\/londons-commuter-destinations\/"},"modified":"2024-07-23T10:45:52","modified_gmt":"2024-07-23T10:45:52","slug":"londons-commuter-destinations","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/news\/londons-commuter-destinations\/","title":{"rendered":"London\u2019s new commuter destinations"},"content":{"rendered":"
But the dual phenomena of rocketing property rents and widespread flexi-working are redrawing the commuter map and adding entirely new notches to London\u2019s trusty, old \u2013 and expensive – commuter belt. People whose previous daily London commute has been whittled down to once or twice a week at most have found a more spacious, cheaper and better life<\/strong> based in rural Sussex, Dorset or even as far afield as Devon.<\/p>\n They may be extreme – and some are ruing their decision, following the call back to the city office. But a new survey by the short-stay accommodation<\/a> experts Nezt<\/a> looks at the most affordable commuter towns within a very do-able distance from London, based on the average monthly rent and the cost of commuting. And topping the list is Leigh-on-Sea, the smart part of Southend on the Essex coast, approximately 38 miles from central London. The average rent in Leigh-on-Sea is \u00a3931 and the monthly commute costs \u00a3200. Compare that with London itself, where the average rent is now \u00a32,121<\/strong>, or the least affordable commuter towns, according to Nezt, such as Oxford (\u00a32,071 a month for rent and train combined) or Brighton (\u00a31,914).<\/p>\n Ashford and Luton rank second and third in Nezt\u2019s \u2018most affordable\u2019 index, and the historic Medway town of Rochester is also among the top 10. Nearly twice as expensive for rent and train travel are old stalwart commuter towns such as Sevenoaks in Kent and Elmbridge in Surrey. Families and young professionals are questioning whether it\u2019s worth it when they can have so much more a few stops further down the train line.<\/p>\n <\/p>\n Where migrating London renters head, investors should take note<\/strong>. As the likes of Margate and Folkestone have shown, the signs of regeneration \u2013 artisan bakeries and coffee shops, farmers\u2019 markets and art galleries \u2013 are quick to follow, and property prices invariably follow suit.<\/p>\n Good transport links<\/strong> are an essential part of the equation too, of course. As the Elizabeth Line celebrates it second anniversary on May 24th, it\u2019s a handy reminder of all those predictions made for years before it opened about how much the new rail link would boost property prices near its stations.<\/p>\nInvestment opportunities<\/h3>\n