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Tenants and investors buoyed by Boris Bike expansion in south east London

Transport links are highly regarded among home movers and one of the most mobile groups in London is tenants. Those looking for property to rent in south east London have a new transport story to cheer about, comment Winkworth - leading estate agents in south east London. The latest from the Mayor of London is an expansion of the cycle hire scheme affectionately known as 'Boris Bikes'. Transport for London has identified 1,000 potential docking stations that could be live as early as 2016, subject to planning permission, with sites already confirmed for Tower Bridge and Vauxhall. One south east London agent has gone as far as saying the improved availability of cycles for hire will have a positive impact on house prices and demand, with it noting an increasing number of enquiries from home movers asking about local bike docking points. Winkworth agrees that as bicycles become a more mainstream commuter choice in the capital (the number of London residents cycling to work more than doubled between 2001 and 2011, according to the Office for National Statistics), anything that facilitates easier access to London's cycle network is a plus point. The roll out of more cycle docking stations reaching deeper into south east London comes shortly after news of a possible extension of the Bakerloo Tube line in the area. Transport for London has announced that it wants to extend the line beyond Elephant & Castle, sweeping southwards through Lewisham, Catford and Sydenham before heading to Beckenham, West Wickham and Hayes, among other stops. As well as sparking a renewed interest in south east London property among tenants, the transport news is also registering with property investors. With work to complete the Tube line extension not even sanctioned and the cycle docks a future prospect, there is an air of speculation in the areas set to benefit, with growth potential mapping out over the coming months and years. Just the talk of transport improvements will increase the demand for property to rent in south east London and with favourable conditions in the buy-to-let market (think good mortgage accessibility, rising London rents and reforms to pensions allowing over 55s to free lump sums), south east London's rental market is set to mature at a rapid rate. If you are looking for a house or flat to rent in south east London, or are looking at areas with investment potential south of the Thames, please contact Winkworth today.

Transport links are highly regarded among home movers and one of the most mobile groups in London is tenants. Those looking for property to rent in south east London have a new transport story to cheer about, comment Winkworth - leading estate agents in south east London.

The latest from the Mayor of London is an expansion of the cycle hire scheme affectionately known as 'Boris Bikes'. Transport for London has identified 1,000 potential docking stations that could be live as early as 2016, subject to planning permission, with sites already confirmed for Tower Bridge and Vauxhall.

One south east London agent has gone as far as saying the improved availability of cycles for hire will have a positive impact on house prices and demand, with it noting an increasing number of enquiries from home movers asking about local bike docking points. Winkworth agrees that as bicycles become a more mainstream commuter choice in the capital (the number of London residents cycling to work more than doubled between 2001 and 2011, according to the Office for National Statistics), anything that facilitates easier access to London's cycle network is a plus point.

The roll out of more cycle docking stations reaching deeper into south east London comes shortly after news of a possible extension of the Bakerloo Tube line in the area. Transport for London has announced that it wants to extend the line beyond Elephant & Castle, sweeping southwards through Lewisham, Catford and Sydenham before heading to Beckenham, West Wickham and Hayes, among other stops.

As well as sparking a renewed interest in south east London property among tenants, the transport news is also registering with property investors. With work to complete the Tube line extension not even sanctioned and the cycle docks a future prospect, there is an air of speculation in the areas set to benefit, with growth potential mapping out over the coming months and years. Just the talk of transport improvements will increase the demand for property to rent in south east London and with favourable conditions in the buy-to-let market (think good mortgage accessibility, rising London rents and reforms to pensions allowing over 55s to free lump sums), south east London's rental market is set to mature at a rapid rate.

If you are looking for a house or flat to rent in south east London, or are looking at areas with investment potential south of the Thames, please contact Winkworth today.

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