Where to Buy Art in London for Investment

The London art scene is a vibrant one - from world-class museums to trendy galleries, there’s something out there for everyone. Street art covers London’s streets, adding a colourful and creative twist.

Ultimately, London is a hub for all kinds of art, from street art to blue-chip artwork. But where exactly can you buy artwork in London for investment? That’s what we’ll be exploring in this blog post. Read on to learn more about the world of art investment, and to find out where you can shop for art in London.

Why Invest in Art?

Before delving into where to buy art in London for investment, let's explore why art can be a valuable addition to your investment portfolio.

Diversification

First of all, art offers diversification, which can help spread risk. The art market doesn't always correlate with traditional financial markets, making it a unique asset class. Likewise, the art market tends to stand tall in times of economic uncertainty and can be a great choice of investment during periods of recession.

Tangible Asset

Unlike stocks or bonds, art is a tangible asset - it’s something that you can enjoy while it potentially appreciates in value. If you were to invest in whiskey or wine, you couldn’t enjoy it as the value would significantly decrease. However, when you invest in art, you can still admire it without affecting its value.

Potential for High Returns

Over the years, the art market has shown the potential for high returns, with certain pieces skyrocketing in value. Buying art can be extremely lucrative. At Grove Gallery, you can make the most of growth rates of up to 12% typical APR. With as little as £3,000, you can generate steady profits.

Enjoyment and Passion

Much like some people invest in collectables such as cars or stamps, art can be a passion project as well as an investment. When you invest in art, you get to surround yourself with pieces that resonate with you personally.

Now that we've established some of the key reasons to invest in art, let's explore some of the best places in London to buy art for investment.

Tips for Art Investment in London

First of all, do your research. Before making any art investment, thoroughly research the artist, their career trajectory, and the historical performance of their works at auctions. Make the most of any expert advice available. Consult with art experts or financial advisors experienced in art investment to make informed decisions.

At Grove Gallery, we are home to an impartial art advisory service. Speak to our experts to discuss the best art investment options for you, your preferences, and your budget. Determine how much you're willing to invest in art and stick to your budget.

Remember that art investment is a long-term endeavour. That being said, if you see a piece of art you really love, don’t be afraid to go slightly outside of your budget. Choose pieces of art that you love. Art isn’t just something to invest in to generate profit; it’s something to enjoy.

While art can be a lucrative investment, don't forget that you should genuinely enjoy the pieces you acquire. Just as you diversify your financial portfolio, consider diversifying your art investments by collecting different artists, styles, and mediums.

London Auction Houses

Auction houses are some of the most established venues for art investment. Buying art at art auctions can be a fun activity - and you can feel a sense of accomplishment when you hear the hammer come down after your offer.

Sotheby's

Sotheby's is one of the world's oldest and most prestigious auction houses. It conducts regular auctions featuring a wide range of art, from classical to contemporary. Sotheby's reputation and global reach make it a reliable choice for art investors.

Christie's

Christie's is another internationally recognized auction house, renowned for its art and collectibles auctions. Their London location hosts auctions of fine art, jewellery, and more, attracting collectors and investors from around the world.

London Art Fairs

Art fairs are fantastic places to explore a wide range of artworks from different artists and galleries all in one location. At an art fair, you can find artwork from both the primary art market as well as the secondary art market. Art fairs can also be a great avenue to source artwork from emerging talent.

Although investing in up-and-coming artists can be risky, if you do solid research and assess the artist’s history, there’s a chance that you can buy for a low price and sell it for a high price further down the line.

Likewise, if you’re looking to invest in artwork on a budget, art fairs in London can be a great place to buy affordable art that could potentially increase in value.

London Art Galleries

Apart from auction houses and art fairs, London is home to numerous quality art galleries. These galleries often showcase the work of emerging artists and can be goldmines for art investors looking for unique pieces.

One of the top spots to explore art investment opportunities in London is Grove Gallery. Located in the heart of London, our esteemed gallery specialises in contemporary art and provides a quality platform for both emerging and established artists.

Grove Gallery stands out for several reasons. First of all, we exhibit and sell a diverse collection of contemporary art, including paintings and mixed media. This diversity can help you find the perfect original art to add to your portfolio.

Our knowledgeable staff and team of expert art advisors can guide you through the selection process, offering insights into potential investment opportunities. Invest in art today with Grove Gallery, and expect returns of up to 12%.