There was fantastic news for the One Lansdowne project in East Croydon this week. The council and developer Greystar were able to finalise a crucial Section 106 agreement. As a result, the real work can now begin. We want to have a closer look at the plans here. Then, if you want to work with us to arrange guaranteed rent in Croydon, just get in touch.

The redevelopment

Greystar initially got planning permission for their proposals for a long-time vacant Brownfield site near East Croydon Station last year. It was great news for the land, meaning it would come back to use in the future as new build to rent homes, retail and work space, and amenities.

While the council did give planning permission, there were some final hurdles to overcome. Crucially, there were questions about viability. Ultimately, they were a roadblock and construction could not begin. Luckily, the Section 106 agreement resolves the problems.

What do the plans include?

One Lansdowne will create a brand new neighbourhood for this part of East Croydon. It will offer 806 lovely homes in two blocks. All of them will be build to rent. A total of 92 will be larger three bedroom family units. Crucially, 116 properties will be for affordable rent. The project could be an inspiration to other developers and investors because it creates a great mix of homes. If you need help with guaranteed rent in Croydon, speak to us.

The plans include more than just housing too. Additionally, there will be rooftop gardens, a gym, co-working space, new shops, and public space. It will provide more green space for the area and play areas for children. Plus, the design includes Blue Badge parking and bicycle storage.

A crucial element of the plans is they will integrate the old vacant site into the wider area. This will be fantastic for connectivity as well as the broader community. Most importantly, it will provide easier connections to the station and town centre.

Comments

There were positive remarks from Croydon Council and Greystar to accompany the Section 106 agreement. Executive Mayor Jason Perry said they “welcome the benefits” the redevelopment will provide, including new homes for the area as well as green space. He is happy the area is attracting the right kind of investment and helping to realise the “potential as London’s key growth area”.

MD for Greystar, Dan Thompson, said the “approval marks another important milestone” for the project. It will revitalise the site, creating a neighbourhood where residents “live well, stay longer, and feel connected”.

Got any questions about investing and guaranteed rent in Croydon?

There are fantastic areas all over London if you’re looking at investing. Some spots have a huge amount of potential, especially if you look beyond traditional hotspots. They could provide incredible rewards in the future, including healthy long term rental income and higher property prices.

Croydon is definitely one area to consider. It’s on the map at the moment because it’s a hub for businesses, including tech and creative companies. Investments in new housing and regeneration are fantastic too.

So, if you think about buying assets and want to protect your interests, speak to us. We provide an exceptional service – guaranteed rent in Croydon. It gives you consistent rental income with no breaks or voids. When it comes to protecting your cash flow and reducing the risk of problems, it’s the best option.