When you hear the name Central Park, you probably imagine the world famous green space in New York. However, London now has its own. It is the newest park in the city, celebrating its official opening at the end of May. We want to have a look at it today and how it could inspire more people to invest in Rainham. Then, if you need help with guaranteed rent in Barking and Dagenham or other parts of the city, you can speak to us.

A massive regeneration

One of the most exciting projects in London at the moment is the work at Beam Park. The £1bn+ masterplan will transform a big 29-hectare Brownfield site. It was once a Ford plant, but the regeneration will create new homes (1,063 are already complete), a nursery, a primary school, retail space, and more.

A noteworthy part of the project is the push to make it more open, accessible, and green. A massive 58% of the site will become usable in the future. This will include open spaces and play areas. There will also be two larger parks.

A premium

If you are thinking of investing and guaranteed rent in Barking and Dagenham, it is a good idea to look at local parks. People will often pay a premium to live near one, especially when it provides fantastic facilities for the local community. So, you could expect higher rents and more interest in homes.

The first of the parks to open in Rainham is Central Park. It is 2.5 hectares, featuring a river trail, playgrounds, and more. There was a free community event to celebrate its official opening on 31st May. Locals were invited to enjoy games, a Ferris wheel, and more.

Vistry East London and L&Q were proud to design and develop the new green space together. They hope it will now become a favourite spot for the local community. Their goal with the entire development was to make well-designed parks and green space a fundamental part of it; this reflects their mission to create homes as well as wider neighbourhoods that people will be proud of.

Ask us about guaranteed rent in Barking and Dagenham

If you do invest, whether in Rainham, elsewhere in the borough, or in other parts of London, we can help. Our services are flexible and work for various kinds of homes. Most importantly, they can resolve the major concerns landlord have regarding voids and lost rent. You will have a guarantee on the rents to ensure you get a payment every month without fail.

So, if you want to find out more about guaranteed rent in Barking and Dagenham, feel free to contact us. We’re always happy to offer advice and share our experience.