Landlords may consider investing in riverfront properties, after it was revealed that those with a view of the River Thames prove most resilient when the economy is struggling.

Cluttons carried out research which compared those properties with a riverfront view and those without in the Central London market.

A fall in prices of 13 per cent was seen among property without the panorama, compared with four per cent for riverfront sales.

Partner for residential sales at the organisation James Hyman said: "Waterfront living has become increasingly popular over the past five years with the migration of people back to London from the suburbs looking for this type of property."

While there has been limited supply of properties for estate agents there have also been few development opportunities on the water's edge.

Landlords will continue to ask for relatively high rents on riverfront property and reap the rewards if they choose to sell, he added.

Cluttons' research follows reports from that more properties are likely to come on to the market this year.

Written by Sarah FieldADNFCR-2002-ID-19542585-ADNFCR

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