Investing in Zone 1/2 London?

Where is the best place to buy in Zone 1/2 in London if you have £200k? I am a first home buyer and would like to find a 1 bedroom apartment.

Answers:
depends- if you are looking for a great investment and don't mind living in a slightly scummy area I would buy in elephant and castle.

It is the last place in zone 1 that is due for re-development and they are spending £1.5 billion so prices are set to rise by at least 60% in the next 5 years. If you think about how rough Kings Cross was 5 years ago, and now it is a pretty desirable area you will see what I mean.

If you want a really nice, bohemian atmosphere with loads of bars, restaurants you could try East Dulwich- still very undervalued and not a macdonalds in site! Overland train is 10 mins into london bridge but no tube.

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