Being a landlord is something you need to prepare for. There can be times when you experience void periods. There is going to be no one in your property here, so you won’t get any rental income. If you aren’t ready for it, you could find yourself in a very bad cash flow position. However, our establishment can help with this problem. To do it, we supply the finest services for guaranteed rent Barking and Dagenham has. This gives you a stable income and means no worrying about tenancies.

The race for space

Due to the ‘race for space’, there has been a major demand for gardens over the past few years. In our cities specifically, the demand is incredibly high. New research by Benham and Reeves has found where homebuyers have the highest chances of securing a house with a garden in London. They have also found out the prices you will need to pay.

What Benham and Reeves did is inspect property stock on the current market. This shows the amount of homes in every borough that come with a garden. They also look at the present demand for these buildings based on the ratio that are already sold subject to contract and under offer. In addition, there is info about the price premium they carry.

You will be glad to hear that the chance of you finding a house with a garden in London is pretty decent. On average, around 60% of houses presently for sale have gardens. Naturally, the availability is much higher in London’s peripheral boroughs. In Barking and Dagenham for instance, 75% of all current houses for sale come with a garden.

On the other side, homebuyers are going to have a tougher time locating a property with external space in the more central boroughs. Westminster in particular is home to the lowest availability, coming in at only 34%. Come to us if you need the leading services for guaranteed rent Barking and Dagenham has.

Get there quickly

Garden availability may be at a good level, but homebuyers will need to get in there quickly. According to the research, 56% of these garden properties have already been bought. Many don’t remain on the market for long, especially if they are in good areas.

In addition to being quick, you will likely have to pay a premium price for a garden property. According to the data, these homes come with a premium price of 12%. If you compare to properties on the market in London without garden space, that is nearly £64,000 more.

The director of Benham and Reeves also had statements to about the data. He said that it was a misconception that the central part of London in particular has lots of apartment blocks. These are ones that don’t offer anymore outdoor space than a balcony. In truth, London’s market has much to offer in regards to properties with garden space. Even in the capital’s more central boroughs, these homes make up one in five houses presently on the market.

Guaranteed rent in Barking and Dagenham for landlords and investors

At Guaranteed Rent, the help we provide has proven to be incredibly popular among investors and landlords. We can offer a service that is free of hassle and comes at no additional cost. Additionally, we are able to help local authorities by getting them the properties they need the most. This is why so many of them have chosen us as Approved Partners.

If you would like to experience the highest quality services for guaranteed rent Barking and Dagenham has, give us a call. We can work with you to arrange everything.